Allcargo Logistics Q2 Results: Net profit zooms 161% to Rs 37 crore
Allcargo Logistics has clocked a net sales of Rs 689.80 crore in Q2 of FY25 up 79.43% from Rs 384.43 crore in Q2 of FY24. The quarterly net profit of …
logistics
Wild ‘Conveyor Belt Road’ Coming To Japan
Japan is looking to up its world-leading mass transit game with a “conveyor belt road” meant to be a 320-mile automated cargo transport corridor that will link Tokyo and Osaka. …
Shein Workers Have Had It—and They’re Going Public
Under Chinese law, only 10 percent of a company’s staff is supposed to be made up of labor dispatch workers. But Zhang says the regulations are often not rigorously enforced. …
Amazon’s Shipping and Delivery Emissions Just Keep Going Up
“Amazon prides itself on being an ambitious and innovative company, but it’s making quite a problem for itself with its air freight cargo growth,” Archer says. “If Amazon is serious …
India’s logistics cost will be below 9 pc of GDP by April next year: Nitin Gadkari
New Delhi: India’s logistics cost will come down to 9 per cent of GDP by April next year, Union Minister Nitin Gadkari said on Thursday. Addressing an event here, Gadkari …
GIS mapping: GIS mapping should be done jointly by government and companies like MapMyIndia: Rohan Verma
Rohan Verma, CEO & ED, MapMyIndia, says like there is UPI for payments or Aadhaar for people identification, the ULPIN or the MapMyIndia equivalent or linked ID called Mappls Pin …
Ashok Leyland rolls out ‘Sarathi Suraksha’ policy
Heavy commercial vehicle manufacturer Ashok Leyland has launched the ‘Sarathi Suraksha’ Policy aimed at safeguarding the driver community, which insurance coverage of up to Rs 10 lakh.The policy, classified as …
Amazon’s Delivery Drones Won’t Fly in Arizona’s Summer Heat
How Amazon’s service fares in the desert could end up underscoring the natural barriers to making a solid business out of drone deliveries, at least absent technological advances. “We won’t …
The Baltimore Bridge Collapse Is About to Get Even Messier
In the early hours of Tuesday morning, the global supply chain and US coastal infrastructure collided in the worst possible way. An enormous container ship, the Dali, slammed into a …
Hayward industrial site where Berkeley Farms once operated is bought
HAYWARD — An industrial site in Hayward where Berkeley Farms once operated has been bought for more than $100 million, a deal that suggests some Bay Area commercial real estate …