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HomeSupply Chain, Logistics, Warehousing

Supply Chain, Logistics, Warehousing

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Warehousing demand in Bengaluru exceeds new supply by 55%: Report

During 2018-22 period, leasing of warehousing space in Bengaluru exceeded new supply by 55% New Delhi: Leasing of warehousing space in Bengaluru exceeded new supply by 55% during 2018-22 period, resulting in lower vacancy level and increase in rental, according...

Snowman Logistics records annual revenue of Rs 417.65 crores

In the next financial year, the company plans to amplify their 5PL business along with building on their technological capabilities Mumbai: During the quarter end of March 31, 2023, Snowman Logistics Ltd. recorded revenue of Rs 112.35 Crores as against...

3 PL logistics player Shadowfax joins ONDC

Through ONDC, Shadowfax will offer logistic services in more than 700 cities across India New Delhi: Shadowfax, a third-party logistics platform, joins ONDC to provide last-minute delivery, the company announced in a release. After successful operations in 50 cities, the...

Challenges and opportunities in 3PL fulfillment

While the increasing adoption of e-commerce has scaled the opportunities for third-party logistics, it has also become essential for companies to ensure that the logistics movement is streamlined, optimized and safe besides ensuring speed and lowering of delivery costs Warehousing...

Supply chain tech firm Pando raises $30 million in Series B funding

The funds will be used to drive Pando’s growth across geographies and industries Bengaluru: Supply chain software startup Pando has raised $30 million in a Series B funding round bringing total capital raised so far to $45 million, the company said...

TVS Supply Chain Solutions again files draft papers for IPO; cuts fresh issue size to Rs 750 crore

The company, which got approval from Sebi in May 2022 to float the initial public offering (IPO), did not launch the issue amid weak market conditions New Delhi: TVS Supply Chain Solutions, part of TVS Mobility Group, has re-filed draft...

Zypp Electric aims to deploy 10,000 e-scooters in Bengaluru over next 2 months

2,000 e-scooters are already on roads and the remaining 8,000 of these vehicles will be deployed over the next two months Mumbai: Electric mobility startup Zypp Electric on Tuesday announced its plan to deploy as many as 10,000 electric scooters...

KSH Distriparks bolsters its fleet with 40 new trailers

With the addition of new vehicles, the company's total fleet strength now stands at 120 trailers Mumbai: KSH Distriparks, a logistics service provider for container logistics solutions in Pune, has acquired 40 new trailers, the company announced in a release...

Allana Cold Chain Solutions to invest Rs 300 cr to add 3 storage facilities

Currently, the company operates and manages cold storage facilities at 10 locations across Haryana, Uttar Pradesh, Bihar, Maharashtra and Telangana Mumbai: City-based Allana Group's storage and transportation services unit Allana Cold Chain Solutions on Tuesday said it will invest Rs 300...

KSH Logistics partners with 3ev Industries and 3eco Systems for sustainable solutions

The partnership will integrate sustainable logistics solutions into KSH Logistics’ existing services for clients from retail, e-commerce, FMCD and FMCG among other sectors Bengaluru: Supply-chain logistics solutions provider KSH Logistics has partnered with 3ev Industries and 3eco Systems to provide sustainable...

Smartr Logistics looking to raise USD 30 mn by August

The city-based company is also eying a more-than-two-fold growth in its topline at Rs 200-250 crore this fiscal from an estimated Rs 90 crore in the just concluded financial year Mumbai: Smartr Logistics is expecting to raise USD 30 million...

Govt. to set up a task force to formulate logistics cost framework

Commerce and Industry Minister Piyush Goyal suggested to take note of India's geography, terrain, size and complexities, trade volume and value etc while calculating the logistics cost New Delhi: The Commerce and Industry Ministry on Monday decided to set...

Prozo launches fulfilment centre in Lucknow

Prozo launches 23,000 sq. ft. multi-channel fulfilment centre in Lucknow taking its total warehousing footprint to 1.5 million sq. ft. New Delhi: Full-stack supply chain solutions provider Prozo has opened a new fulfilment centre at the Village Khasarwara in Lucknow. The 23,000 sq. ft....

Allcargo buys out partner’s 39% stake in contract logistics arm for Rs 145 cr

Allcargo Logistics sell its non-core customs clearance business by divesting its 61.13% stake Mumbai: Allcargo Logistics on Monday acquired the remaining 38.87% stake of its partner ACCI in the contract logistics arm for Rs 145 crore, valuing the company at...

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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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