July 20, 2018: Sumed Marwaha has joined Unisys as the new managing director for its India operations and regional vice president for Services. Marwaha succeeds Ravikumar Sreedharan, who left the company in June to pursue other interests.
July 20, 2018: DB Schenker, a major logistics service provider, and the Eastern China city of Pinghu concluded a Memorandum of Understanding (MOU) for the establishment of a state-of-the art logistics center in Pinghu, Zhejiang province.
July 19, 2018: In the first six months of 2018, the Kuehne Nagel Group recorded strong volume growth and a significant increase in EBIT. The EBIT-to-gross-profit ratio (conversion rate) was maintained at a high level.
July 17, 2018: Adani Logistics Ltd (ALL), a subsidiary of Adani Ports
July 17, 2018: Airbus has roped in Ashish Saraf as head of the helicopter division of Airbus India to lead its initiatives across the civil, defence and parapublic rotorcraft markets. Saraf takes over from Xavier Hay who leaves India after six years to take over new responsibilities
July 17, 2018: Sikorsky, a Lockheed Martin company has announced the sale of an S-76D aircraft to the Government of Maharashtra in India. The announcement came during the Farnborough International Airshow. This contract marks the first sale of an S-76D helicopter in India. Delivery is scheduled in 2019.
Shipping container, perhaps, might appear an unlikely candidate for the most influential invention of the 20th century, but it has arguably had a bigger impact than the aeroplane or the microchip.
With the recent relaxation on cabotage laws for foreign vessels, there could be an increased utilisation of Indian ports as transshipment hubs, contributing positively to cargo traffic within India.
The logistics sector in India has undergone a sea change and now with the infrastructural status, the sector is all set to bank on several opportunities and take risks. And it is a fact that the performance of logistics sector in the economic development of India has never been more compelling.
Healthy deliberations and doable action plans among policymakers and industry players are revitalizing India’s logistics sector. With the set up of Logistics Division, the Indian government is changing the face of logistics sector like never before.
Whether it is getting the latest top secret collections delivered safely and securely to the ramp or responding to the ‘need it now’ approach of e-commerce customers or exporting high end fashion apparels out of the country, logistics players are well aware of the demands and are tailoring their services as per client
These are heady times for India’s logistics sector. As the country aspires to become a global powerhouse for manufacturing, government initiatives, unified tax reforms and increasing transparency give that extra edge to the sector. What’s more, free trade warehousing zones and logistics parks offer significant opportunities for collaboration