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Indian logistics sector has witnessed a significant sequential recovery: ICRA
Logistics companies have also managed to arrest extent of earnings contraction through adoption of cost control measures, freight rate hikes etc. 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.Read more
Motherson Sumi buys Bombardier’s electrical harnesses unit in Mexico for $ 10 mn
Bombardier Transportation’s Electrical Wiring Interconnection Systems (EWIS) provides world-class harnesses and electrical assembly based on standard solutions. MRS will continue manufacturing the electrical harnesses product at the Huehuetoca site in Mexico.Read more
Praj Industries and ARAI to jointly drive application development of biofuels
Through this collaboration, Praj and ARAI will jointly address technologies to propagate use of biofuels in variety of applications including usage in internal combustion engines (ICE) in the transportation sector. Read more
NTPC signs MoU with Indian Railways for fly ash transportation
NTPC has now become the first organisation in the country to sign a Special Freight Train Operator (SFTO) scheme with IRRead more
Kinedyne introduces ergonomically advanced EASE-Z Winch Bars
Kinedyne LLC, a world-leading designer, manufacturer and distributor of cargo control technologies, including cargo securement, capacity and access solutions for the transportation industry, has launched EASE-Z Winch Bar family.Read more
Digitization to shape the future of freight management
Year 2019 will see gains in efficiency via digital freight innovations and process automation at a faster pace than ever before. Read more
All industries need to protect their asset from corrosion
It is estimated that on an average corrosion eats into about 5% of a country’s GDP – having a negative effect on the economy’s exchequer, affecting growth and sustainability.Read more
Berthold Puchta to lead QuEST’s transportation sector biz
In this role, Berthold will drive strategy and growth for the company’s various engagements in the transportation industry, including automotive, off road and rail sectorsRead more
Adani Logistics and NYK Auto Logistics to form rail logistics JV
The joint venture aims at strengthening finished vehicles transportation service network in India, and will offer its automobile freight trains for transporting vehicles across IndiaRead more
Infosys partners Siemens to develop advanced IoT engineering solutions
The initial focus will be on customers in the manufacturing, energy, utilities, healthcare, pharmaceutical, transportation and logistics industriesRead more