FedEx to expand Extra Hours services

FedEx (NYSE: FDX) is expanding e-commerce delivery options for retailers with FedEx Extra Hours, a service that enables participating retailers to fulfill e-commerce orders into the evening and receive late pickups by FedEx Express, with next-day local delivery and two-day shipping to any address in the continental United States. Retailers can extend evening order cutoff times by 5-8 hours, with some as late as midnight, depending on their current order fulfillment process. FedEx Extra Hours recently launched with customers including AutoZone and Best Buy in multiple markets across the United…

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flydubai to introduce direct flights to Kozhikode

Dubai-based flydubai has announced the launch of direct flights to Kozhikode in Kerala, India. The three times weekly service from Dubai International (DXB) to Kozhikode Calicut International Airport (CCJ) will start from 01 February 2019 making flydubai the only Dubai-based carrier to operate this route. Ghaith Al Ghaith, Chief Executive Officer, flydubai commenting on the new announcement: “we have always been proud of the strong ties between India and the UAE. We have seen a stronger flow of trade and tourism between the two countries over the past few years.…

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Shell picks up 49% stake in Cleantech

Cleantech Solar, a leading developer, owner, and operator of commercial and industrial solar energy systems in Southeast Asia and India last week announced signing an agreement with the global petroleum giant Shell wherein the latter will pick up 49% stake in the company. This investment will be Shell’s second major solar investment this year, giving Shell an immediate path to an established commercial and industrial platform in Southeast Asia and India. The deal is expected to close in January 2019.   Cleantech Solar will continue to operate under its existing management…

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DP World’s acquisition of Unifeeder gives easy access to European ports

Global logistics infrastructure giant DP World has completed the acquisition of 100% equity of the Unifeeder Group (“Unifeeder”) , an integrated logistics company with the largest and best-connected feeder and growing short sea network in Northern Europe. Unifeeder has easy connectivity with 100 big and small ports in the region and DP World has acquired the company for a reported sum of €660 million. Unifeeder operates the largest and most densely connected common user container feeder and an important and growing short sea network in Europe, serving both deep-sea container…

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DTDC strengthens back-end security structure

Domestic express distribution major DTDC has strengthened its back-end security structure by deploying the advanced version of Fortinet Security Fabric. Fortinet (NASDAQ: FTNT), is a leading global player in broad, integrated and automated cybersecurity solutions. The move is meant to respond to the increasing cyber threats. The company decided to upgrade its existing firewall implementation to segment and control its network. The growing business demanded advanced threat protection capabilities with higher throughput to provide real-time connectivity and support for its end-to-end consignment tracking and tracing of shipments. The refreshed Fortinet…

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Raj Subramaniam to take command as FedEx Express CEO

  There would be a change in guard in the top tier FedEX Express from the beginning of the next year. The company has announced Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, succeeding the current CEO David Cunningham. David is retiring after a very successful career of 36 years.  Subramaniam has been with FedEx for more than 27 years and has held various executive level positions in several operating companies and international regions. He began his career in Memphis and subsequently moved to…

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WTTCII appoints Spicejet chief as Vice-Chairman

The Indian chapter of world’s leading tourism body, World Travel & Tourism Council (WTTC), has appointed Spicejet CMD as Vice-chairman for 2019. The decision was taken at the recently held Annual General Meeting of the World Travel & Tourism Council, India Initiative (WTTCII) in New Delhi. “I am delighted to take over as Vice Chairman of WTTCI. India’s culture and diversity make it a land of unlimited opportunities. Our travel and tourism industry has enormous potential but it faces numerous challenges, of which the most critical is lack of appropriate…

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flydubai announces new fare structure for economy class

Dubai-based flydubai has launched new fare structure for its economy class passengers. The new fare types are applicable for all bookings made from 02 December onwards and allows passengers to choose between Lite, Value and Flex bundles designed to cater to their different travel needs and budget. Commenting on the launch of the new fare structure, Hamad Obaidalla, Chief Commercial Officer at flydubai said: “The new fare restructure is the latest in a series of product innovation by flydubai which has seen the introduction of an award winning new cabin…

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De’Longhi joins hands with Orient Electric in India

 Renowned Italian small home appliances maker De’Longhi has forged a strategic alliance with CK Birla group company, Orient Electric to promote the sale of key  products in the Indian market under the marquee brands of – De’Longhi, Kenwood and Braun. Orient will have the exclusive rights of sales and marketing of De’Longhi products. Rakesh Khanna, MD & CEO, Orient Electric commented, “De’Longhi Group is known for its quality, innovation and design and with our strength of distribution, marketing and service, we are confident that our association will unlock many opportunities…

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Acko-Blackbuck to introduce cashless insurance offering for CVs

Leading insurance firm Acko is collaborating with trucking logistics platform Blackbuck to introduce a new insurance product for commercial vehicles segment. The technology based product is meant to ease document processing for commercial vehicle owners by facilitating online payments and cashless settlements. “Acko and BlackBuck share a digital DNA and have a flair for simplifying the complicated. Through this partnership, Acko will assist the Fleet owners and partners of BlackBuck with a trouble-free, tech-backed insurance that will expedite claim settlement through GPS data and help build an efficient trucking ecosystem”,…

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