Articles

  • 1 week ago | logisticsinsider.in | Sandhya Jha

    A team from the State Tax Department’s Special Investigation Branch (SIB) conducted raids at six locations of Speed Cargo Transport Company in Aligarh’s Delhi Gate area on Thursday night. During the operation, goods valued at approximately ₹50 lakh were seized for being transported without proper documentation.

  • 1 week ago | logisticsinsider.in | Sandhya Jha

    As geopolitical tensions escalate between Iran and Israel, fears of a major supply chain disruption through the Strait of Hormuz — the world’s most critical energy chokepoint — have resurfaced. India, which relies on the Strait for nearly 60% of its crude oil imports and key export shipments, faces elevated risks ranging from surging freight rates and volatile oil prices to export bottlenecks.

  • 1 week ago | logisticsinsider.in | Sandhya Jha

    The Competition Commission of India (CCI) has officially approved Delhivery’s proposed acquisition of a controlling stake in Ecom Express, marking a major consolidation move in the country’s rapidly expanding logistics sector. As per the CCI’s statement, the transaction will see Delhivery acquire at least 99.44% of the equity and preference shareholding (on a fully diluted basis) in Ecom Express, an unlisted logistics company specialising in e-commerce delivery services across India.

  • 1 week ago | logisticsinsider.in | Sandhya Jha

    IndoSpace, one of India’s leading industrial and logistics park developer, has announced the appointment of Anshuman Singh as its new Managing Director and Chief Executive Officer. This strategic leadership change follows the exit of co-founder and former CEO Brian Oravec in mid-2024, and the interim leadership of Sharad Gohil.

  • 1 week ago | logisticsinsider.in | Sandhya Jha

    In a significant judgment for India’s freight forwarding and logistics sector, the New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has ruled that profits earned by a freight forwarder from trading cargo space do not attract service tax. The tribunal clarified that this activity constitutes a trading transaction and not a taxable service. The case involved Seagull Maritime Agencies Pvt.