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Issue 131    21-27 Mar '17    News Archive
Issue 131    21-27 Mar '17    News Archive
Hot News

Ashok Leyland eyes stronger presence in logistics sector

The Chennai-based firm, which is the second largest commercial vehicle manufacturer in the country, has around 45 per cent share in the truck segment in the logistics sector.

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Logistics News

An integrated multi-modal approach is necessary for reaping the benefits of GST and Make In India

Union finance minister Arun Jaitley said “An effective multi-modal logistics and transport sector will make our economy more competitive. A specific programme for development of multi-modal logistics parks, together with multi-modal transport facilities, will be drawn up and implemented.”

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Startup News

BlackBuck closes $70M to digitize freight & logistics across India

Bangalore-based BlackBuck, which was founded in April 2015, takes two routes to digitizing the logistics space. BlackBuck claims to work with more than 100,000 trucks across 300 locations, while its client roster includes some big names like Asian Paints, Unilever, Coke and Britannia.

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Mergers & Acquisitions News

$100 million funding for e-commerce logistics company Delhivery

Carlyle Asia Partners IV investment in Delhivery will be among the largest PE investment in the space. The group decided to invest in the company based on the scale, technology and its data sciences and analytics capabilities.

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