Allcargo Logistics reviews crane business as it looks to go asset-light

Leading integrated logistics services provider Allcargo Logistics, which is expecting volumes to normalise by August after being disrupted by COVID-19, is also continuing on its plan to become asset-light. After selling is logistics park assets to private equity major Blackstone, the company is now evaluating its crane business. “We have sold some of the cranes. We.

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Cargo trips to and from ports set to go Uber and Ola way

Truck aggregators on-board government’s Port Community System ‘PCS1x’ What ride hailing apps Uber and Ola did to passenger mobility will soon happen to movement of export-import cargo to and from the ports. The Port Community System (PCS1x), built by Portall Infosystems for the Indian Ports Association (IPA), recently on-boarded truck aggregators ‘Return Trucks’ and ‘Gocon’.

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With rising diesel prices more trouble for transport sector

Unexpected rise in diesel prices despite slower demand has put the transport sector at a big disadvantage as rising fuel cost has further shrunk its margins. With 11 paise hike in diesel price in New Delhi on Monday while petrol prices remained steady, the gap between the two auto fuels has further widened in the national capital. Last.

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Toll road operators weigh arbitration to recover Rs 650 crore from NHAI

Most toll road operators have threatened to go to arbitration to recover around Rs 650 crore from the highways authority as interest and maintenance costs for 25-day lockdown period when toll collections remained suspended, people close to the matter said. Most of the 162 build-operate transfer (BOT) toll concessionaires, including private equity players, have decided.

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The first Reefer Container dispatched from Calicut to Dubai via Cochin Port.

The first Consignment of Vegetable Cargoes by Reefer Container had dispatched from Calicut to Dubai via Cochin Port. Since lockdown, many Exporters had been struggling to dispatch their more perishable Vegetables Cargo by Air since Air charges had been growing steeply which an Exporter couldn’t meet resulting their loss of Export order from Middle Eastern.

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Kuehne+Nagel launches road logistics platform eTrucknow in India

Global freight logistics provider Kuehne+Nagel on Thursday launched its AI-enabled road logistics platform eTrucknow in India. The platform helps bridge the supply and demand of road logistics via a digital marketplace, bringing a faster way for customers to book trucks and an easier way for carriers to unlock business opportunities. With eTrucknow, shippers get access to.

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