Blue Dart to hike shipment price

Domestic express major Blue Dart has announced an average shipment price hike of 9.6 percent which will become effective from January 1st 2021. The company in a statement has maintained that the annual price hike is based on factors like account inflation, currency dynamics, fuel cost fluctuations and other rising regulatory and mandatory costs, such as expenses related to compliance for the workforce. Commenting on the announcement, Balfour Manuel, Managing Director, Blue Dart said, “The General Price Increase will account for the cost we have incurred and invested in our…

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Amway India to scale up home supplies

The Indian arm of global direct selling major Amway is all set to further strengthen its home delivery capabilities following a significant surge in demand via its online channel post- Covid. According to a recent news agency report, as part of delivery capacity enhancement drive, Amway India is set to invest Rs 30 crore in sprucing up its supply chain mechanism.   “In the last few months, we have witnessed a rapid shift in consumer behaviour, especially in retail, with people increasingly migrating to online platforms for shopping. Amway too…

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Top management changes at UPS

UPS (NYSE:UPS) recently announced the appointment of  Nando Cesarone to President, U.S. Operations and Scott Price to President, UPS International.    Nando Cesarone previously served as President UPS International and in that role led the company’s business operations in more than 220 countries and territories outside of the U.S. Prior to that, he served as President of UPS’s European operations, leading UPS Europe to record business performance during the company’s five-year investment program. Cesarone also served as President of the Asia Pacific Region.   Nando succeeds George Willis, who has chosen…

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Blue Dart listed as a Reader’s Digest ‘Most Trusted Brand’

Blue Dart, India’s leading express logistics service provider and part of the Deutsche Post DHL Group (DPDHL), has been listed as a Reader’s Digest Most Trusted Brand for the 14th consecutive year in a row. The Reader’s Digest Trusted Brands survey has uncovered India’s most trustworthy brands over the years and this study has established its reputation as a premier consumer-based and international measure of brand preference. The study primarily focuses on finding out which brands Indians trust the most and provides an objective and reliable reference for consumers throughout…

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Honda debuts in 180-200cc segment with Hornet 2.0

Honda Motorcycle and Scooter India last week made a grand entry in 180-200cc motorcycle segment with it’s all new muscular, sporty and advanced Hornet 2.0. Conceived to be an International Street Fighter, its agility complemented by a range of advanced features is expressed in its design codes while ‘Built to perform’ attitude showcases a sense of sophistication. Talking on the launch Atsushi Ogata, Managing Director, President & CEO, Honda Motorcycle & Scooter India Pvt. Ltd. said, “Inspired by the dreams of the new age customers & their passion for riding, we are pleased to…

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FACT’s second MOP shipment landed at Tuticorin Port

Fertilizers and Chemicals Travancore, (FACT), a PSU under the Union Ministry of Chemicals and Fertilizers  has turned out encouraging performance on the production and marketing front during first five months of current financial year. According to a company release, FACT’s second  muriate of potash (MOP) shipment (27000 MT) for the kharif season reached Tuticorin Port last week. MOP along with FACT’s prime product Factamfos ( NP 20:20:013) is a fertilizer combination preferred by the farmers of South India. Earlier company had imported one MoP & one NPK complex parcels during June –…

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FarEye raises addition $13 million

FarEye, a leading logistics SaaS platform for predictive visibility, last week announced raising  an additional USD 13 Mn as an extension to its Series D investment led by The Fundamentum Partnership, the growth-capital fund for mid-stage technology companies in India backed by Nandan Nilekani and Sanjeev Aggarwal and KB Global Platform Fund, one of the leading investment firm of Korea. The investment will accelerate FarEye’s global expansion to address the steepening digital curve for logistics transformation. Commenting on the investment Sanjeev Aggarwal, Co-founder of Fundamentum said, “Investment in the logistics space is essential for the economic growth of any nation. FarEye has captured the pulse of this industry and has all the ingredients to…

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CEAT Tyres adopts Blue Yonder’s supply chain platform

CEAT Tyres, one of India’s leading tyre manufacturers, has digitally transformed its supply chain with Blue Yonder, the world’s leading, end-to-end, digital supply chain platform provider. The company implemented Blue Yonder’s Luminate Planning solutions portfolio. Blue Yonder partner E&Y was the implementation partner for this project. The Luminate Planning gives CEAT accurate inventory visibility, associated data transparency, inventory optimization and performance ensuring that the right products get to the right places at the right times. Luminate Planning will be CEAT’s foundation for developing an end-to-end supply chain and fulfilment backbone. CEAT…

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Alliance Air launching direct BENGALURU- COIMBATORE service

Alliance Air, a wholly owned subsidiary of Air India is commencing direct flight operations from Bengaluru to Coimbatore and back from 27th August 2020. The airline will be deploying its 70 seater ATR 72 aircraft on the route. The flight will operate on all days of the week except Tuesday. All inclusive one way fares Bengaluru-Coimbatore starting at INR 3283 & for Coimbatore – Bengaluru starting at INR 2953 only. To book tickets and know more about our various promotional offers log on to www.airindia.in or contact any of our…

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Spoton Logistics appoints Uday Sharma as COO

Spoton Logistics last week announced the appointment of Uday Sharma as Chief Operating Officer. He has been elevated form the position of Director of Sales at Spoton and in his earlier role, he is credited with driving the company’s above industry average growth and profitability, and successful foray into high value market segments including SME, E-commerce and lifestyle. As COO, Uday will assume greater charge of the company’s day-to-day sales and service delivery operations and will continue to report directly to Abhik Mitra, MD & CEO, Spoton Logistics. “Uday’s exceptional leadership…

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