ONDC Partners with iThink Logistics for MSMEs
E-commerce logistics aggregator, iThink Logistics, has joined forces with the Open Network for Digital Commerce (ONDC) to expand its reach and provide micro, small and medium enterprises (MSMEs) with cost-effective delivery solutions. This collaboration, announced in early April 2024, is a significant development for the Indian e-commerce landscape, aiming to empower MSMEs with greater autonomy […]
Rolls-Royce Extends Contract with TVS Supply Chain Solutions
Rolls-Royce, a global leader in technology and innovation, has announced that it has extended its contract with TVS Supply Chain Solutions (TVS SCS), a global supply chain solutions provider, for five years until 2029. The contract extension pertains to the advanced Parts Distribution Centre (PDC) located in Singapore, which serves the Asia Pacific markets for […]
Amazon Delivery Now at 4,500 Feet in Uttarakhand
Amazon Delivery service, the e-commerce giant, has achieved a remarkable feat by delivering packages to Gajoli, a remote village in the Uttarkashi district of Uttarakhand. According to the company, it has become the first and only e-commerce company to deliver packages to Maharishi Ashram at Gajoli, situated at 4,500 feet in the Himalayan mountain range […]
Green Hydrogen Pilot Projects Get Govt Guidelines
The Government of India has issued guidelines for implementing pilot projects for using green hydrogen in the transport sector under the National Green Hydrogen Mission (NGHM). The scheme aims to support the development of technologies and infrastructure for replacing fossil fuels with green hydrogen and its derivatives in buses, trucks, 4-wheelers and other vehicles. What […]
RITES, AD Ports Group Join Hands for Infrastructure
RITES Limited, a leading transport infrastructure consultancy and engineering firm in India, and AD Ports Group, a leading facilitator of global trade, logistics and industry in UAE, have signed a strategic Memorandum of Understanding (MoU) to explore joint ventures and collaborations in key areas of trade and logistics. The MoU covers cooperation in the upcoming […]
Shadowfax Stake Bought by NewQuest Gets CCI Nod
NewQuest Asia Fund IV (Singapore) Pte, a private equity fund of TPG Group, has received approval from the Competition Commission of India (CCI) to acquire a stake in Shadowfax Technologies, a tech-enabled logistics platform. What is Shadowfax Technologies? Shadowfax Technologies is a crowd-sourced and tech-enabled logistics platform that provides delivery services to various sectors such […]
VECV and ITC Collaborate for Sustainable Logistics
Eicher Trucks and Buses, a division of VE Commercial Vehicles (VECV) Limited, has joined hands with ITC Limited to promote sustainable and environment-friendly mid-mile logistics solutions across various ITC locations in India. As part of this collaboration, ITC, through its vendor partners, will progressively deploy over 100 units of India’s first 5.5-tonne electric vehicle, the […]
DTDC Expands to Malaysia, Boosts Southeast Asia Presence
DTDC, India’s leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, has entered the Malaysian market by inaugurating a new office in Kuala Lumpur. The move expands DTDC’s presence in Southeast Asia, adding to its existing locations in Singapore and Australia. Malaysia: A Strategic Market for DTDC Malaysia shares a healthy […]