Adani Ports Achieves Record Cargo Volumes in October, Handling 37 Million MT

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility, has achieved its highest ever monthly cargo throughput by handling 37 million metric tonnes (MMT) of cargo in October 2023. This represents a stellar 48% growth compared to October last year. This is the first time that APSEZ’s portfolio of ports across […]

Logistics Activity Picks Up in August, Providing Relief to Industry

After months of sluggish growth, India’s logistics industry finally saw some brighter signs in August with key indicators pointing to an uptick in activity. According to a report by Nuvama Institutional Equities, generation of e-way bills, an important gauge of domestic trade, rose 19% year-on-year in August to cross its previous all-time high. Breaking it […]

RattanIndia to benefit from new drone rules

RattanIndia, a company focused on next-generation and disruptive businesses and led by Indiabulls founder Rajiv Rattan, said it expects to benefit from the new drone rules announced by the government this week. Government of India had, earlier this week, announced several far-reaching regulatory changes aimed at allowing people to use drones or unmanned aerial vehicles […]

Gateway Distriparks distances itself from IL&FS

Gateway Distriparks Ltd, Mumbai-based logistics company, distanced itself from bankrupt lender Infrastructure Leasing and Financial Services Limited (IL&FS) and IL&FS Financial Services Ltd (IFIN). Responding to media reports, the company said there are no transactions between itself or its subsidiaries with IL&FS or IL&FS Financial Services. However, it said there is a transaction between Prism, […]

Ramco Systems wins multi-million dollar ERP deal from Philippines

Cloud-based software vendor Ramco Systems’ said it won a multi-million dollar order from Philippines-based logistics and money transfer company LBC Express, a year after getting its first order from the company. The first order was to deploy a cloud-based HR management system, while the latest order is in the nature of ERP deployment to manage […]

Ramco Systems wins first client in US logistics market

US-based G&D Integrated has decided to implement Ramco Systems’ logistics suite, the Chennai-based provider of cloud software said. The Illinois-based logistics provider has 1,000 employees at over 20 facilities across North America and represents the first logistics client for the company in the US. Ramco Systems will implement its comprehensive Logistics ERP Suite covering Finance […]

Ramco Systems wins Rs 53 cr contract from German logistics company

Ramco Systems Ltd. said it secured a 7.3 million euro order from Schenker AG for implementing its Ramco HCM & Payroll software. Schenker AG is a German logistics company and a subsidiary of Deutsche Bahn, the German railway company. DB Logistics offers land, sea, and air transport and contract logistics. Rail transport within DB Logistics […]