Allcargo Logistics to foray into last mile delivery

Allcargo Logistics, a global market leader in the LCL and FCL segments plans an aggressive entry into the last-mile delivery space, targeting domestic revenue of Rs.1500 crore. Investing Rs.1000 crore through its European arm ECU Worldwide, they plan to double their warehousing and logistics parks capacity to 10 million sqft by 2020. Read more

GST a positive impact on the warehousing sector in India

GST, a revolutionary tax reform that unifies India’s USD 2 trillion economy into a common market with its simple and unified approach aims to immensely benefit the warehousing sector in India. It promises to reduce the number of warehouses, convert disorganised warehouses into smart storage models, improve inventory control and demand forecasting, provide enhanced technological … Continue reading “GST a positive impact on the warehousing sector in India”

Organised logistics firms will reap greater GST benefits than traditional transporters

In their efforts to unify and optimise the exchange of goods and services, GST frameworks pointedly credit organised transport businesses and disincentivise inefficient logistics networks. The uniform national levy will install input tax credits to offset transport service taxes, spur consolidated warehouses and smooth cross country transits to optimise supply chains, thereby increasing demand for … Continue reading “Organised logistics firms will reap greater GST benefits than traditional transporters”