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Service sourcing strategies will lead transformation of Indian logistics ecosystem
In the current scenario of Covid-19 impact on the market, KION India is ready with the offering to manage labour shortage and no-contact material handling. Sunil K Gupta, President, KION India, shares more on the market trends and the company’s plans.
Domestic road transportation sector rebounds
The recovery has also been visible across other modes of transportation as well - rail freight traffic and port freight volumes have both reported growth, although the latter at a slower pace than other modes
Our products are designed with no-contact features
In the current scenario of Covid-19 impact on the market, KION India is ready with the offering to manage labour shortage and no-contact material handling. Sunil K Gupta, President, KION India, shares more on the market trends and the company’s plans.
Palletisation Crucial for Logistics and Handling
Palletisation is the most visible aspect of a definite shift towards standardising and professionalising the sector in India, to increase its levels of efficiency, productivity and safety. Anil Lingayat writes.
Technology Boost for Logistics
With the advent of GST and giving infrastructure status to logistics sector, many logistics companies are investing heavily in warehouse space and infrastructure.
Technology Boost for Logistics
With the advent of GST and giving infrastructure status to logistics sector, many logistics companies are investing heavily in warehouse space and infrastructure.
Sustainable Market for Trucks
Pick up in infrastructure spending and construction activity, especially in roads and highways, irrigation and affordable housing segment, will continue to support demand for construction trucks.
TCIEXPRESS reports 21.84% revenue growth in Q1
TCIEXPRESS announced its financial results for the Q1 of FY 2018-19. The company?s Q1 revenue reflected a robust growth of 21.84 per cent and at Rs 248.10 crore. The EBITDA stands at Rs 27.46 crore, registering a growth of 45.14 per cent YoY. Further, the PBT during the first quarter also rose sharply by 44.22 per cent.
We are in line with the BS VI implementation timelines
The HCV volumes of Mahindra has grown considerably in FY18, with an enormous growth in the market share. Vinod Sahay, CEO - Mahindra Truck and Bus Division, Mahindra Construction Equipment Division, Mahindra & Mahindra shares more on the company's plans in line with the market developments.
GST positive for road logistics sector
The effect of the GST implemented in July 2017 has been largely positive for the road logistics sector and has led to several benefits. As per ICRA's comprehensive survey covering approximately 50 transport companies pan-India and 15 consumer-oriented companies across various sectors, the findings have been encouraging, though a lot remains to be achieved.
Freight demand picks up in second half
With industrial output and consumption-driven sectors recovering in H2 FY2018 from the initial lull post GST implementation, the freight demand in the country has also reported healthy pick-up during the second half of the previous fiscal.
GST positive for road logistics sector: ICRA
The effect of the GST implemented in July 2017 has been largely positive for the road logistics sector and has led to several benefits.
AWPs: Safe working at heights
There is always risk involved in working at heights. Introduction of aerial work platforms has made it easy for workers perform well without any risk of falling, leading to timely completion of the work with higher productivity.
TCIEXPRESS reports robust performance
TCIEXPRESS, a specialist and leader in time-definite express distribution in India, has announced its financial results for the Q3 and nine months ended December 31, 2017.