According to our report “3rd Party Logistics Market in India”, country’s 3PL market is set for stupendous growth in the coming years as the companies need to strengthen their supply chain management and increase their market penetration.

Want to grab a bite? How about a trip to the truckstop outside town? For those who think truckstops are grimy down-at-heel places, the Hyderabad Metropolitan Authority (HMDA) is planning a makeover, building two Logistic Parks replete with dhabas, cafeterias and restaurants cheek-by-jowl with truck workshops, petrol pumps and weighbridges.

Logistics firm AFL is likely to get at least $1 Million (Rs.100 crore) from a U.S. private equity (PE) firm for a minority stake.

The park named ‘Logicity’ is being set up by Shri Kailash Logistics which has its headquarters here.

According to our report “3rd Party Logistics Market in India”, country’s 3PL market is set for stupendous growth in the coming years as the companies need to strengthen their supply chain management and increase their market penetration. The 3PL market is expected to grow at a CAGR of 25% during 2010-2012.

A steel fall in Baltic Dry Index in London weakened shipping and logistics stocks on the Bombay Stock Exchange (BSE) on Wednesday, July 07, 2010.

Infrastructure finance company IDFC will sell convertible securities to Khazanah, the investment holding arm of the Malaysian government, and private equity fund Actis at Rs 176 a share. IDFC will raise Rs 840 crore through the allotment.

The decision of the Board leads to issue of 12,535,192 new shares and capitalization of reserves to the tune of Rs. 125.4mn.

India wants to speed up its development of the Chahbahar port, and will push the Iranian government this week to put its facilitation on fast track.

Thanks to the trend of volatility that has emerged over the last few years in transportation and logistics, it’s nearly impossible to make accurate forecasts based on historical data.