Magenta Mobility expands 4-wheeler EV cargo fleet for intercity and interstate logistics
Magenta Mobility, a leading provider of electric mobility solutions, has solidified its position as India’s largest 4-wheeler electric cargo fleet operator. With a fleet...
VRL acquires 5 lakh sq ft transhipment hub in Bengaluru for ₹229 Crore
VRL Logistics has purchased a 5 lakh sq ft transhipment hub spanning 27 acres in Nelamangala, Bengaluru, for ₹229 crore. The company had been...
Pristine Value to open 165,000 sq. ft. Warehouse in Bhiwandi
Pristine Value Logistics, a prominent third-party logistics (3PL) provider, has entered into a long-term lease agreement with Antariksh Group to establish a state-of-the-art, 165,000...
AUTO SCM 2024 Highlights Localisation and Collaboration for Industry Progress
The 8th edition of the Auto SCM Summit, organized by Indian Transport & Logistics News, a STAT Media Group publication, concluded on December 5th...
Deepak Pareek promoted to Chief Financial Officer at Allcargo Gati
Allcargo Gati Limited (formerly Gati Limited), a leading name in India’s Express Distribution and Supply Chain Management sector, has appointed Deepak Pareek as its...
Ritco Logistics secures Rs. 120 crore contract with Haldia Petrochemicals
Ritco Logistics Ltd. has secured a prestigious contract worth over INR 120 crore from Haldia Petrochemicals Ltd. (HPL), a leading naphtha-based petrochemicals complex in...
India boosts electric truck adoption with Rs 500 crore PM E-DRIVE Scheme
The Ministry of Heavy Industries (MHI), in collaboration with the International Council on Clean Transportation (ICCT), hosted a knowledge exchange session on Thursday to...
VC Grid leads $1 Million Seed Round for Pikndel, transforming quick commerce logistics
VC Grid, a syndicate fund, has announced its involvement in a $1 million seed funding round for Pikndel, an innovative logistics technology company revolutionizing...
Flipkart reaches 10,000 EVs in delivery fleet, paving the way for 100% electric logistics...
Flipkart, India’s homegrown e-commerce platform, has reached a major milestone with the deployment of over 10,000 electric vehicles (EVs) in its delivery fleet. This...
Truck Rentals ease post festive season: Report
Truck rentals, after staying firm during the pre-festive period, have eased off in the month of October. Fleet utilization, which can be cyclical in...