logistics News

Germany's Bundeswehr Secures Future Mobility with €770M Rheinmetall Vehicle Deal

The German Bundeswehr has placed a €770 million order with Rheinmetall AG for over 1,000 military logistics vehicles, including 963 with swap-body systems and 425 UTVs, to enhance ...

Delhivery Achieves Historic First Full-Year Profit in FY25, Marking a Turnaround with Rs 162 Crore Net Profit

Delhivery marks a historic financial turnaround with its first full-year net profit of Rs 162 crore in FY25, driven by part-truckload business gains and operational efficiencies. T...

Porter Achieves Unicorn Status in 2025 with a $200 Million Fundraise, Pioneering India's Logistics Revolution

Porter, an on-demand logistics platform, has become India's second unicorn of 2025 with a $200 million fundraise, achieving a valuation of $1.1-$1.2 billion. The company plans to e...

Maersk Announces Significant Increase in UK Inland Transport Tariffs Effective June 2025

AP Moller—Maersk is set to increase its UK inland transportation tariffs from June 1, 2025, as part of its regular rate review to sustain service quality and market capacity....

Delhivery CEO Sahil Barua Resigns from Swiggy Board to Focus on Logistics Expansion

Sahil Barua, Delhivery's CEO, resigns from Swiggy's board citing work commitments, as Delhivery expands its logistics footprint with the acquisition of Ecom Express.

Delhivery Makes a Bold Move: Acquiring Ecom Express in a Staggering Rs 1,407 Crore All-Cash Deal

Delhivery announces the acquisition of Ecom Express in a Rs 1,407 crore all-cash deal, marking a significant consolidation in the logistics sector. The deal comes as Ecom Express f...

FedEx Soars with a 2% Revenue Increase to $22.2 Billion in Q3 2025

FedEx Corp. announces a 2% revenue increase to $22.2 billion in Q3 2025, outperforming last year's figures and analyst expectations, showcasing its financial strength and strategic...