Cogoport to launch world’s first digital freight corridor

Who is Cogoport? Cogoport is a digital freight logistics startup backed by Accel Partners. The company two years old having been established in 2016. It works toward providing customer-focused end to end global digital freight solutions. They cover warehouse to warehouse transportation solutions for importers and exporters. In the near future, the company is working … Continue reading “Cogoport to launch world’s first digital freight corridor”

India’s North South Transport Corridor (INSTC) will revive Latvian seaport for Indian exporters

India’s multi-modal logistics corridor will tap trade opportunities in Latvia, turning the tiny nations off the Baltic Sea into a gateway for Indian goods entering Northern Europe. The Mumbai-Tehran-Moscow pathway is said to rival the Suez Canal route as it facilitates faster, cheaper and safer cargo movement between Asia and Europe. Latvia’s largest seaport, Riga, … Continue reading “India’s North South Transport Corridor (INSTC) will revive Latvian seaport for Indian exporters”

Amul flags off its first refrigerated van of butter to Delhi via train

Amul flagged off its first refrigerated shipment van with 17 metric tonnes of butter from Palanpur in North Gujarat to Delhi through a milk train. The homegrown dairy giant is exploring railway as a new mode of transport as it will help reduce travel time and prove to be cost-effective in the long run. Amul … Continue reading “Amul flags off its first refrigerated van of butter to Delhi via train”

ICRA: Domestic CV sales to grow 6-7% in FY18

After suffering contractions in the first quarter of FY18, CV and M&HCV sales are back on track thanks in part to pent up post-GST demand bumps. Tracing the upward trajectory, ICRA estimates domestic CV sales will grow by 6-7% while M&HCV sales will jump 2-4% in FY18. Between April and June this year, CV sales … Continue reading “ICRA: Domestic CV sales to grow 6-7% in FY18”

Coastal transport to bring down logistics costs in India

The government is working towards lowering logistics costs to 12% from the current 18% by developing coastal shipping and inland waterways as alternative modes of transport. Movement of cargo through coastal shipping has inherent advantages over land modes of transport such as road and rail as it is more cost-effective, causes less pollution, reduces congestion … Continue reading “Coastal transport to bring down logistics costs in India”