Xirify partners with India’s quick commerce platform, Dunzo, to provide B2B2C delivery services for businesses that are registered on Xirify as an Opt-in service. Xirify is a premier incubated product of Valueadd Softtech & Systems Pvt Ltd (VAST), a technology services company from the city of Pune. A statement made by the company said, “Pune,…
Tag: Logistics industry
Lineage Logistics Closes Acquisition of UTI Forwarding
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•Lineage Logistics, LLC, a temperature-controlled industrial REIT and logistics solutions provider, has announced that it has closed the acquisition of UTI Forwarding, a Rotterdam-based freight forwarder. “Together with UTI we will create even greater opportunities to provide end-to-end supply chain offerings for our shared customers,” said Mike McClendon, President of International Operations & EVP of…
Bike taxi startup Rapido forays into logistics service with Rapido Store
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•Bengaluru-based Bike taxi startup Rapido recently announced that it has launched inter-city logistics service for businesses to deliver products at consumers’ doorsteps. Named ‘Rapido Store’, the service can be availed by both offline and online businesses. The company has said that the service is currently operational in Bengaluru, and Vijayawada and it further plans to…
Shadowfax to accelerate hiring to further strengthen its tech team
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•B2B logistics platform Shadowfax recently announced that it is planning to expand its technology team and will hire about 50 employees over the next two years. The new hirings will be done for technology experts and senior professionals for Bengaluru and Gurugram offices. In an official statement, the company said, “Shadowfax is focused on strengthening…
Intracity logistics startup Blowhorn raises undisclosed amount of funding
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•Bengaluru-based intra-city logistics platform Blowhorn has recently raised an undisclosed amount of venture debt funding from Gurugram-based Trifecta Capital. Blowhorn is promoted by Catbus Infolabs Pvt. Ltd, which operates the asset-light logistics marketplace. The company plans to use these funds for achieving full P&L profitability by the end of the year 2020. The startup said…
Logistics startup BlackBuck lays off 200 employees: Report
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•Since the Government of India imposed a nationwide lockdown to prevent the transmission of the novel coronavirus, the movement of goods has to come to a halt. Due to the lockdown, several logistics companies have started to lay off employees in an attempt to conserve cash. In recent news, online logistics solutions provider BlackBuck is…
CSX recognised as the Most Sustainable Company in the Logistics Industry
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•The latest issue of World Finance is out and has revealed that CSX has been named the Most Sustainable Company in the Logistics Industry as part of the magazine’s Sustainability Awards 2019. The award win recognises the company’s longstanding commitment to sustainability in an industry that is not always the most effective at championing its…