DHL Express to add 14 new Boeing 777 Freighters

DHL Express, the express division of global logistics major Deustche Post DHL, has embarked on a major fleet strengthening plan.  The company has placed an order for 14 Boeing 777 Freighters, which also includes options and purchase rights for 7 additional aircraft. The delivery of the first four planes is expected to be completed in 2019. “The acquisition of the 14 Boeing airplanes reflects a gradual replacement of our older intercontinental fleet. As the most fuel-efficient, most reliable freighter type with the best long-haul range, these aircraft will contribute to…

Read More

76 additional flights for passengers affected by Kerala floods

Domestic aviation major SpiceJet has put into the service an additional 76 flights to help passengers affected by the floods in Kerala which has resulted in the closure of the Kochi airport. Effective from 17th August 2018, the airline is operating new and additional direct flights on the routes of Chennai-Thiruvanathapuram, Bengaluru-Kozhikode, Male-Thiruvananthapuram, Bengaluru-Thiruvananthapuram, Kozhikode-Chennai, and Dubai-Kozhikode. SpiceJet will be deploying a mix of both Boeing 737 and Q400 on these routes. The new flights are expected to lend a strong hand to the rescue operations that are currently on after the Kerala…

Read More

APSEZ reports 9% growth in cargo volume in Q1

Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest private sector port developer has announced 9 percent growth in cargo in the first quarter ending 30th June, 2018. The total cargo volume in the first quarter shot upto 48.07 MT as against 43.99 MT in the corresponding quarter last year.   The growth was primarily driven by crude which grew by 65% and containers which grew by 16%.The cargo volume growth at three larger ports operated by the company stood at: Mundra (5%), Hazira (14%) and Kattupalli (13%). The company…

Read More

Mahindra Logistics reports hefty percentage jump in profit

Domestic 3PL major, Mahindra Logistics has begun the new financial year on a confident note. In the first quarter of the current fiscal, the company has reported modest to major increase on all key performance parameters particularly pertaining to financials. The company has reported a growth of 9 percent in its revenue during the quarter – Rs 928 crore from Rs 852 crore in the same quarter last year. The PBT metrics has grown by 60 percent and PAT has gone up by 61 percent. Among other key highlights, the…

Read More

TCI eyeing 20% growth in 2018-19

Emboldened by the impressive financial numbers in the first quarter, domestic logistics major Transport Corporation of India (TCI) has set a high target of 20 percent topline and bottomline growth in 2018-19. The company recently announced its Q1 results which earmark a growth ofr 18.5 percent in its revenue – from Rs 498 crore in the first quarter last year to around Rs 490 crore now. Its profit before tax (PBT) figure shot up to Rs 35 crore in Q1 as against over Rs 23 crore in the same period…

Read More

Safexpress adds one more Logistics Park unit to its network

Domestic logistics major Safexpress recently launched its ultra-modern Logistics Park in Bengaluru which marks the addition of 35th logistics park unit to the company’s pan-India network.   This state-of-the-art facility is strategically located on National Highway 75. Speaking at the launch ceremony, Rubal Jain, Managing Director, Safexpress said, “With an economic growth of over 10%, Bengaluru is the second fastest-growing major metropolis in India. It is the country’s fourth largest FMCG market. The city is a hub for biotechnology related industry in India, and several biotechnology companies are located here. Being…

Read More

Mrida Greens expand plant extracts capacity for its farm-to-fork business

MRIDA GREENS & ORGANICS, an enterprise of Mrida Group that closely works with farmers and helps their products to reach to the market, has for the first time clocked a monthly turnover of Rs. 1 crore. Much of this owes to the doubling of its plant capacity,more than 20 tonnes now, at Umbergaon, Gujarat. This has aided the company in adding 10 new products to its portfolio. The products are sold under a specified brand – “Earthspired”. At its facility in Umbergaon, Gujarat, Mrida Greens and Organics has been processing herbal extracts…

Read More

DP World reports 4.8 % increase in container handling in H1

Global logistics giant DP World, which speacialises in port and terminal management across the globe, has reported modest growth in container handling in the first half of the current year. The company has reported handling 35.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals with gross container volumes growing by 4.8% year-on-year.   Group Chairman and Chief Executive Officer, Sultan Ahmed Bin Sulayem, commented:  “ The robust performance across all regions continues to be an affirmation of our strategy to deploy relevant capacity in key markets…

Read More

CEVA completes preliminary phase of Rolls-Royce Aero Logistics Project

CEVA Logistics, has completed Phase One of a major global inbound aero logistics project for Rolls-Royce.  Starting in 2017 and running through the first half this year CEVA has been responsible for designing, implementing and managing the domestic, regional and international shipment of aerospace parts for both the civil and defence divisions of Rolls-Royce. Over 1,200 shipments per week with an average weight of 300-500 kgs and ranging from and small parcels to out-of-gauge are moved into multiple Rolls-Royce facilities across the UK, Germany, US and Singapore. By establishing three global…

Read More

Emirates SkyCargo transports Alfa Romeos for celebrity rally

Emirates SkyCargo and Gargash, one of the largest distributors of premium and luxury cars in the UAE, have partnered to transport two Alfa Romeos from Dubai to London for the prestigious Gumball 3000 motor rally. The two cars, an Alfa Romeo Stelvio Quadrifoglio and an Alfa Romeo Giulia Quadrifoglio were transported onboard an Emirates SkyCargo Boeing 777 freighter from Dubai to London. Emirates SkyCargo’s Boeing 777 freighter aircraft can carry up to 100 tonnes of cargo and with its wide main deck doors allows for the transportation of large and…

Read More