Logistics News Portal

• DIESL wins "Customer & Brand Loyalty" award • US Cargo Theft Rate Increases At Holidays By 28% • Ashok Leyland bags 600-vehicle order from VRL Logistics • Blue Dart Sales at Rs 1147.41 Crores • India's manufacturing growth accelerates, exports rise • Panalpina to integrate long-time partner in Australia • UPS 4th Quarter Earnings Surge 44 Percent • FedEx Expands LTL Offerings • Japanese ports reopen • Mayfield, Nexus Venture invest in SLCM • Maersk will reduce Hong Kong calls • Hanjin takes delivery of second 10,000-TEU ship • OOCL signs for six 13,000-TEU vessels with Samsung • DHL launches “Logistics without borders” • Supply chain and logistics company Safexpress launched logistics park in Agra • US import growth declines to 5.9 percent in May • Rs 40 cr PE funding for JICS Logistics • Truckers say freight will rise 8-16% on diesel hike • Asian Logistics Files For IPO • Railway freight traffic up 11% in April-May

APPOINTMENTS

Portfolio balancing is the prime target

For the Indian unit of global logistics major CEVA, the prime target in near to medium run is to add more punch to its verticals other than freight management and evolve an operational equation which is aligned with group’s global reckoning. Samar Nath, MD – India & South Asia shares the details of this portfolio balancing plan in a free wheeling conversation with Ritwik Sinha. Excerpts: