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

ECONOMY

In a poor performance, the eight core industries grew by 3.1% in December mainly due to slackening output of crude oil, steel and natural gas. The eight core industries, which include coal, cement, natural gas, petroleum refinery and fertilisers, had recorded a growth rate of 6.3% in December 2010.

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Sour Grapes

The government on Saturday said it will soon take some steps to give relief to grape exporters, whose consignments were rejected by the European authorities due to the presence of chlormacvat, a chemical residue.

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