Cargo Breaking News - April 15th, 2024
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DACHSER acquires food logistics provider Brummer
DACHSER announced that it is acquiring Brummer Logistik in Germany and Brummer Logistic Solutions in Austria, encompassing the entire operational business of the Brummer Group.?
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TVS ILP invests ?125 crores in warehousing facility in Cuttack
TVS ILP (a part of TVS Mobility Group) launched new state-of-art warehouse in Cuttack, Odisha. The upcoming facility spans 24 acres of land, housing two large warehouses totalling 5 lakh square feet, catering sectors like FMCG, FMCD, 3PL, and e-commerce.
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Demand for industrial & warehousing spaces up 23% in Jan-Mar: Report
Leasing of industrial and warehousing spaces rose by 23 per cent annually in January-March this year to 135 lakh square feet across 19 major tier I, II and III cities of the country on demand from third-party logistics players and manufacturers, according to Savills India. Real estate consultant Savills India on Thursday released the data on demand for industrial and logistics spaces.
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‘Adopting sustainable multimodal logistics solutions crucial’
India’s gateway to streamlined and sustainable logistics lies in adopting multimodal transportation for Economical, Ecological, and Energy-efficient (3E Principal) cargo movement,” says Kiran B. Nandre, Director NVOCC & Short Sea Shipping, Rhenus Logistics India.?