Adani’s go-to bankers at Barclays turn cautious after Hindenburg
For more than a decade, Barclays Plc has been the go-to bank for Indian billionaire Gautam Adani, leveraging a relationship forged when only a few global firms were working with the emerging conglomerate. An explosive report by short-seller Hindenburg Research in January has changed all that, prompting the bank to pare its exposure, leaving a […]
How last-mile tech is automating logistics operations, and what it means for supply-chain managers
After discounting prices for quite sometime now, Maersk announced that it would be hiking the rates of all kinds of freights on Asia-North Europe trade lane come July end. Maersk also said the rates on other trade lanes “May also be subject to increases” on reassessment. The rate announcement this morning will see Maersk’s FAK […]
PE firm Carlyle proposes to sell 2.53% stake in Delhivery
Private equity firm Carlyle has proposed to sell a 2.53 per cent stake held in logistics firm Delhivery via its special purpose vehicle CA Swift Investments, according to a term sheet seen by Reuters on Thursday. Carlyle plans to sell Delhivery's shares at a floor price of ₹385.50 apiece, compared with the last close at […]
Inbound vs Outbound Logistics: Understanding Key Differences and Optimizing the last mile
Logistics play a crucial role in the supply chain process, requiring careful focus to effectively manage the movement of goods, services, and information from the starting point to the final consumption stage. It is a complex and essential aspect that cannot be overlooked. Within this comprehensive network, every move is interconnected, and a single misstep […]
ETMarkets Management Talk | Govt push giving opportunities across sectors: TCI MD Vineet Agarwal
Logistics and supply chain solutions provider TCI has given a revenue guidance of about 10-15% for FY24 with key focus on multimodal, 3PL and value-added services. “We are looking at estimated investments of Rs 375 crore across rail, ships, warehousing space, containers and other assets. As a result of the government’s push towards infrastructure development […]
How Shadowfax found success in failed e-commerce deliveries and then moved ‘forward’
“We must break through these shadows,We must find the sun.” — Langston Hughes For e-commerce logistics player Shadowfax, the inspiring lines from the American poet and playwright, best known for the Harlem Renaissance, do have a resonance.
