Page 13 - Logistics
Logistics shares gain on infrastructure status; Gati, VRL hit 52-week highs
Gatway Distriparks, Gati, Sical Logistics, VRL Logistics, Transport Corporation of India, Lancer Container Lines, Allcargo Logistics and Mahindra Logistics were up in the range of 2% to 6% on the BSE.
 "Logistics shares gain on infrastructure status; Gati, VRL hit 52-week highs")
Logistics gets infrastructure status, industry sees 50 bps savings
The government has granted infrastructure status to the logistics sector, including multi-modal logistics park and cold chains, enabling the industry to access funds at a cheaper rate. Experts said the cost of funding could come down up to 50 basis points; those going for external commercial borrowing could get it even cheaper. While existing entities would benefit, such as Allcargo Logistics, Snowman Logistics, Blue Dart, Container Corporation of India, DTDC, Navkar Corporation, DHL and Transport Corporation of India, this has also given a signal for others to invest in the sector, they said. Multi-modal logistics parks, comprising an inland container depot with minimum investment of Rs 50 crore and minimum area of 10 acres, cold chain facilities with minimum investment of Rs 15 crore and minimum area of 20,000 sq ft and warehousing facilities with a minimum investment of Rs 25 crore and minimum area of 100,000 sq ft have been granted the infrastructure status, it was officially ...
 "Logistics gets infrastructure status, industry sees 50 bps savings")
DHL Express expands Delhi Gateway, doubling India's export capacity
Capacity raised to handle 10 mn shipments per annum; Import clearance capacity up by 60%
 "DHL Express expands Delhi Gateway, doubling India's export capacity")
Piramal Finance to invest Rs 485 crore in Apollo LogiSolutions
Investment to boost Apollo LogiSolutions' capabilities in providing end-to-end logistics solutions
 "Piramal Finance to invest Rs 485 crore in Apollo LogiSolutions")
Leveraging IoT to travel on the GST highway
Technology & IoT will play a major role for logistics industry in the GST regime
 "Leveraging IoT to travel on the GST highway")
E-way bill imposition to pose challenges for small transporters
Taking impromptu decision in dire situations will become highly impractical due to the bill
 "E-way bill imposition to pose challenges for small transporters")
Dubai-based DP World & NIIF to develop logistics projects in India
To jointly work to develop logistics infrastructure aimed at reducing agriculture produce losses
 "Dubai-based DP World & NIIF to develop logistics projects in India")
Centre moots integrated logistics company
Prabhu said govt would like to bring all logistics together to help in reducing overall costs
Tiger Logistics ropes in P&G Associates to tap defence logistics sector
With this renewed focus, the company expects 10% increase in topline by the next 1-2 years
 "Tiger Logistics ropes in P&G Associates to tap defence logistics sector")
DHL plans to invest € 45 million in India to support growth
The company inaugurates Asia Pacific's first solar powered DHL Express Service Center at Mumbai
 "DHL plans to invest € 45 million in India to support growth")
TVS Logistics to invest Rs 100 crore in UK-based SPC International
The company's UK arm TVS Rico Supply Chain acquires more than 60% stake in SPC International
 "TVS Logistics to invest Rs 100 crore in UK-based SPC International")
How Indian e-commerce players can use robotics to gain competitive edge?
By implementing robotic solutions, warehouses can increase their throughput by 10 times
 "How Indian e-commerce players can use robotics to gain competitive edge?")
No healing touch for logistics in budget after demonetisation
However, plans to improve 'Lifeline' will offer better future for logistics sector, says Areef Patel
 "No healing touch for logistics in budget after demonetisation")
Logistics shares in focus; Gati, Snowman up over 5%
Patel Integrated, Transport Corporation, Allcargo, Sical Logistics, Gateway Distriparks and VRL Logistics up 3%-7%
Sagarmala project to result in savings of Rs 35,000 cr for India
The ambitious programme for port-led development in the country will help in reducing the logistics cost for both domestic and EXIM cargo with optimised infrastructure investment
 "Sagarmala project to result in savings of Rs 35,000 cr for India")
Retail cold chain: Will it work in India?
High operating cost of cold storage - $ 60 per cubic meter in India compared to $ 30 in the west - is one of the major roadblocks for the sector's growth, says Alagu Balaraman
 "Retail cold chain: Will it work in India?")
Canada's CDPQ to buy minority stake in TVS Logistics for Rs 1000 cr
Following this transaction, existing investors Goldman Sachs and KKR will fully exit their investments in TVS Logistics
 "Canada's CDPQ to buy minority stake in TVS Logistics for Rs 1000 cr")
India to collaborate with Germany to improve rail connectivity of ports
Two sides also held discussions on cooperation for developing vehicle scrapping capacity in India, wherein Germany can share eco-friendly technology for scrapping of old vehicles
 "India to collaborate with Germany to improve rail connectivity of ports")
Logistics: Opportunities galore for jobs creation, but challenges exist
With logistics becoming all-encompassing from SCM at the back end to last mile deliveries at the front end, companies have to equip employees with modern skillsets, says S Narayan
 "Logistics: Opportunities galore for jobs creation, but challenges exist")
Logistics stocks trade mixed after Rajya Sabha clears GST Bill
Blue Dart Express, Allcargo Logistics, Gateway Distriparks and Transport Corporation were up between 2%-3% on the BSE.
 "Logistics stocks trade mixed after Rajya Sabha clears GST Bill")
