India
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Business
Bezos pledges $1 billion to digitize small businesses in India
The CEO is in India to attend the inaugural Amazon Smbhav summit bringing more than 3,000 small businesses together.
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News
Today’s Pickup: Getting on the same page with accounts payable; the great logistics moonshot
Staying on the same page with accounts receivable; extending logistics into space
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Asia-Pacific
Adani Ports reveals large increase in revenues and profits
India’s largest commercial ports operator, Adani Ports, reported a substantial increase in its company and port-segment revenues. Company and port-segment profits have also markedly increased.
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Asia-Pacific
Canada’s largest public pension fund invests $115 million in Delhivery
Canada Pension Plan Investment Board secures board seat in deal with the Indian third-party logistics provider.
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Trucking
Maersk is the newest entrant into the Indian trucking market
Maersk is partnering with Indian digital freight startup BlackBuck to enter the Indian containerized trucking market for export-import logistics.
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Asia-Pacific
Indian regulator clears Canadian pension fund stake in Delhivery
Canada Pension Plan Investment Board to acquire up to 8 percent of fast-growing e-commerce fulfillment company.
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Asia-Pacific
Meritor expands axle-making footprint in India with $36.5 million investment
Meritor, Inc. is growing its manufacturing footprint in India by 25 percent with a $36.5 million axle assembly facility at Automotive Axles, its joint venture…
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Air Cargo
Pittsburgh inches closer to global relevance with Expo Freight commitment (with video)
Pittsburgh is undergoing something of an economic renaissance, and a recent partnership between Sri Lanka-based freight forwarder Expo Freight (EFL) and Qatar Airways Cargo highlights…
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News
Indian logistics startup Rivigo raises $65M in Series E
Rivigo, a freight and logistics startup in India, has raised $65 million in a Series E round led by existing investors Warburg Pincus and SAIF…
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Air Cargo
What goes up must come down – Air cargo monthly update
Latest U.S. trade data for air cargo reveals a lot of noteworthy developments to watch going forward
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