Ireland co ASL, Guzder look to put Quikjet back in the skyGuzder, the former promoter of the unlisted AFL, is tying up with Ireland-based ASL Aviation Group, which is an aviation services provider ...
Can a Self-Driving 40-Ton Truck resolve some supply chain issues? Developers Say YesTechnology companies are proceeding with tests to demonstrate that driverless trucks are the long-term solution.
Logistics firm DTDC buys 53% stake in Eurostar ExpressLogistics major DTDC Courier and Cargo has acquired 53% stake in UAE-based Eurostar Express for an undisclosed amount.
- DTDC Courier & Cargo Ltd acquires majority stake in Eurostar Express
Logistics major, DTDC Courier & Cargo Ltd on Monday said that the company has acquired a majority stake in UAE based Eurostar Express.
- FedEx to acquire AFL to step up India play
Fedex, the world’s largest package delivery company, will acquire Mumbai-based integrated logistics services provider AFL through its subsi...
- Courier firms yet not ready to cut charges
Courier companies like Blue Dart, DTDC, AFL Wiz and TCI XPS have decided not to reduce their charges despite a fall in aviation turbine fue...
- AFL Logistics may offload 25% to PE investors
AFL Logistics is considering sale of up to 25% stake to private equity (PE) investors, according to its CMD Cyrus Guzder.
- Repo rate hike's another blow to India growth story
Consumer durables, automobiles have already been hit, with interest rates rising steadily in past one year. Next in queue are retail, capit...
- More air cargo operators set to take flight
Given the booming domestic trade in a resurgent economy, there seem to be no stopping of companies from joining air cargo operations
- UPS arm in talks to buy AFL for Rs 300 cr
UPS Jetair Express, domestic arm of the US-based logistics major United Parcel Services (UPS), is in talks to acquire Mumbai-based logistic...
- Railways win back traffic lost to trucks
Indian Railways have snatched back almost 5% share from road transporters and also hit the truck market in the country. In pics: Old trains...
- Delivery guys want to be with IT
Safexpress had a very rudimentary IT system at that time and given that most logistics companies the world over compete using IT Rubal Jain...
- AFL, Dachser team up for cargo services
AIR Freight (AFL), the logistics and express service provider, has hived off its cargo arm into a JV with Dachser, a leading logistics majo...
- TNT to exit third-party logistics business
Abhik Mitra, managing director, TNT India, is taking the road less travelled. In India, traditionally players in the supply chain managemen...
- Postal Bill delayed, may be taken up in Budget session
The department of posts’ (DoP) efforts in pushing the India Post Office (Amendment) Bill ’06 seem to be making no headway.
- Bill of worries
As amendments to the Postal Bill are likely to be presented in Parliament soon, private operators are worried about the loss of business an...