CILT India Expo 2019

CILT India Expo 2019, a premier transport and logistics event addressing the entire supply chain of the logistics industry, will be held in Delhi on 21st-22nd November at National Rail Museum. The event attracts innovative technology and trends shaping the industry through display of solutions, business matchmaking & networking opportunities. The platform brings together policy and decision makers from the government, PSUs, industry and academia. The two-day expo and conference covers all modes of transport, including road, rail, air, sea & inland waterways, logistics & warehousing, supply/cold chain, and freight…

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TruckSuvidha gets funding support from GAIL

Ritwik Sinha After being in the business for over five years, online freight transport aggregator TruckSuvidha has received funding support for further expansion. And the support hasn’t typically come from PE or VC quarters but rather from a public sector enterprise – Gas Authority of India (GAIL). “ They had given us a milestone based project which we successfully executed. The funding happened after that,” Ishu Bansal, Co-Founder of the platform told supplychainlog in an exclusive conversation. He, however,  refused to divulge the funding size even as he asserted that…

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TCI reports marginal topline growth in H1

The current economic slowdown has also begun to impact the financial performance of leading logistics players in the country. The first half results of Transport Corporation of India (TCI) is probably a proof of that wherein the company has reported a small revenue growth of 3.1 pecent at the end of first half of the current fiscal.   The company earned Rs 1,256 crore during the first six months as against Rs 1,218 crore in the corresponding period last year.   Commenting on the results, Vineet Agarwal, Managing Director, TCI said,…

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MoU signed to shorten freight shipment time between India and Thailand

At the maiden BIMSTEC Conclave of ports held last week in Vizag, three Memorandums of Understanding (MoUs) were signed between Ranong Port (Port Authority of Thailand) and the Port Trusts of Chennai, Vishakhapatnam and Kolkata. These MoUs will contribute to BIMSTEC objectives of strengthening connectivity and is part of India’s Act East Policy. These MoUs will enhance connectivity between ports on Thailand’s West Coast and Ports on India’s East Coast i.e. Chennai, Vishakhapatnam and Kolkata. These MoUs will enhance economic partnership by cutting down the sea travel time between India…

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Emirates SkyCargo initiates dedicated e-commerce delivery platform

Global air cargo major, Emirates SkyCargo– the freight division of Emirates, has launched Emirates Delivers – a new e-commerce delivery platform that allows customers shopping from multiple online retailers in the US to consolidate their purchases and have the goods delivered to a home or office address. The services has been initiated in the UAE covering individual or small business customers and is in response to Dubai’s vision to become a global hub for e-commerce. Nabil Sultan, Emirates Divisional Senior Vice President, Cargo, said: “The launch of Emirates Delivers is…

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IFFCO Kisan plans to strengthen Swarnhar brand with new additions

Iffco Kisan, a subsidiary of fertilizer major Iffco, is all set to expand the ambit of its Swarnhar brand of food products in the near run. The company which primarily provides advisory services to the farming sector reaching out to over 4.5 million farmers daily has recently initiated Swarnhar brand offering spices products. While the launch of spices has been on a low key basis, speaking to indoasiancommodites Sandeep Malhotra, MD of the company said Iffco Kisan is gearing up to add more products to its portfolio in the next…

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China Airlines Cargo set to start dedicated service to Mumbai

China Airlines Cargo is all set to launch a dedicated freighter service to Mumbai around the middle of this month. According to a recent media report, Indian firm Group Concorde which is the existing general cargo sales agent for the Chinese airline in India,  has been entrusted with the responsibility of taking care of sales at the new destination. The airline is expected to maintain a weekly frequency of four flights to Mumbai and will particularly focus on pharma consignments. “China Airlines Cargo is a premium carrier and well-known brand…

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