Cargo Breaking News - January 22nd, 2023
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IndoSpace signs MoU to develop MMLP in Chaman region worth Rs 7000cr
IndoSpace has signed an MoU with the Maharashtra Government at the World Economic Forum in Davos. The company plans to expand its footprint by acquiring approximately 100 acres with an investment of more than INR 700 crore in the Chakan-Talegaon region. This move is expected to create new job opportunities and boost the region’s economic growth.
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‘Investments must in tech, infra, sustainability’
Amit Maheshwari, CEO, Softlink Global shared his expectations from the upcoming budget and says, “I have clear expectations for the upcoming budget to support both the tech and logistics sectors.
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Wiz Freight Announces INR 125 Crore Series B Funding
WIZ Freight, a full-stack digital cross-border supply chain start- up, has raised Series B funding of INR 125 Crore in equity led by Japan-based SBI Investment at a post-money valuation of INR 1400 Crore registering a 50% jump in the valuation from its last round.
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WFS first air cargo handler to implement ContourSpect 3D modelling
Worldwide Flight Services (WFS), a member of the SATS Group, will deploy Cind’s ContourSpect 3D modelling software at selected stations across its Europe, Middle East, Africa and Asia (EMEAA) network following a successful Proof of Concept (POC) in its cargo terminal at Copenhagen Airport. WFS is Cind’s launch partner for ContourSpect in the cargo handling industry, says a release from WFS.