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Logistics

1
Logistics

After ‘I do’ from Gati, Allcargo has a tough task ahead. Hint: Mix two DNAs and rebuild what’s lost.

With 46.84% stake in Gati, Allcargo wants to become India’s largest multi-modal logistics player. But the integration will be easier said than done, as the two companies have completely different DNAs. More importantly, the future of the union will rest on turning around Gati’s fortunes, which have been going downhill for the last few years.

Logistics

After ‘I do’ from Gati, Allcargo has a tough task ahead. Hint: Mix two DNAs and rebuild what’s lost.

With 46.84% stake in Gati, Allcargo wants to become India’s largest multi-modal logistics player. But the integration will be easier said than done, as the two companies have completely different DNAs. More importantly, the future of the union will rest on turning around Gati’s fortunes, which have been going downhill for the last few years.

Logistics

Truck aggregator BlackBuck reinvents business model. It’s a battle to stay relevant in tough times.

The timing of the move, amid the ruins of the pandemic, is certainly intriguing. Is it a natural business progression to finally becoming a real marketplace, or is it the struggle to conserve cash and remain relevant in these tough times? Perhaps both. Founder Rajesh Yabaji says “road to recovery is steep” for logistics. It’s bad news for the economy.

Logistics

An auto-industry recovery appears far away. Vehicle-carrier companies are drastically scaling down.

Automobile-transportation companies are awash in debt, with mounting losses. A key pillar of the auto-sector supply chain, many of them face an uncertain future and are selling off their prime assets – trailers and trucks for carrying cars and two-wheelers. These carriers have a chilling assessment of the ground realities. An auto-sector recovery is far, far away, they say.

Logistics

No money to bring trucks back on road, pay EMIs: The lockdown burden could crush many transporters

Transport companies have suffered huge losses in the last two months. After the lockdown, many unorganised operators, who comprise 85% of the market, may not be able to survive due to measly demand, low freight rate and capacity utilisation, and their inability to arrange for upfront costs. The stimulus and a revised definition for MSMEs may not help.

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