DTDC COURIER
FedEx, UPS, DHL executives to face fresh scrutiny in India antitrust case
Top executives from FedEx, UPS, Aramex, and DHL will face cross-examination by a publishers' group alleging price collusion, despite an earlier antitrust probe clearing the courier companies. This rare move by the Competition Commission of India could alter the investigation's findings and prolong the case, impacting the growing Indian courier market. The publishers aim to highlight anomalies in prior statements.
Pandemic made DTDC diversify into sectors like pharma, food: Executive director
Like many other logistics companies, DTDC had faced a "zero revenue" situation due to the frequent lockdowns during the first wave of the Covid-19 pandemic in March 2020. It then tried to get into spaces that called for logistical support, the foremost being the transport of Covid-19 vaccines, said executive director Abhishek Chakraborty.
Railway Minister Piyush Goyal meets leading courier services to boost Railway freight and parcel services
DTDC, TCI Express, ECom Express, All Cargo, UPS, Shree Maruti Courier Services, and Aramex were among other companies present at the meeting held late Wednesday evening.
Piyush Goyal meets logistics cos; joint working group to be formed for ease of doing business
During the meeting, logistics and courier companies were assured that the Railways would provide reliable, fast, affordable and easy to handle parcel services, according to a statement from the railway ministry.
GeoPost in talks to pick up 20-25% more in DTDC
The French govt-backed logistics firm already owns 42% stake in DTDC.
DTDC to upgrade tech, expand its facilities
The company slashed its manpower 8-9% last year even as it made its functions more technology driven.
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Soon, your order on Flipkart will be delivered by Amazon
Most of the deliveries are currently handled by logistic firms such as BlueDart, DTDC and FedEx. These companies will have a hard time competing with Amazon.
Ekart to launch courier service to take on DTDC Express, First Flight Courier and others
Ekart has aggressive plans for its courier service, with an aim to capture 5-10 per cent of the market in the first year.
DTDC's global partner DPDgroup wants firm to replicate business model in South Africa
DPDgroup is majority owned by GeoPost, Europe’s No 2. company in terms of number of parcels handled. It owns more than 40% in unlisted DTDC.
Etailers like Snapdeal, Flipkart, Homeshop 18, others crack the whip on delivery firms like Bluedart, Gati and others
Indian e-commerce giants, Flipkart and Snapdeal, are cracking the whip on their delivery partners, demanding time-bound and safe dispatch of shipments.
DTDC seeks IBM help to take logistics leap
DTDC roped in former TNT India director Sanjiv Kathuria to head the e-commerce logistics business division which began operations last June.
How an algorithm is changing the logistics business
Online marketplaces are changing how consumers shop. A parallel marketplace is now doing the same for logistics firms, also.
Reliance Capital PE exits DTDC, sells stake to French GeoPost SA for Rs 158 crore
Apart from that, DTDC will also get access to the technologies being deployed by GeoPost worldwide, he said, adding that the overall international business will take six to nine months.
DTDC aims to increase international revenues to 18% in 2 years
DTDC said its latest acquisition, Bangalore-based Nikkos Logistics is likely to boost its global operations.
DTDC launches special services for e-retailers
Courier service provider DTDC Courier and Cargo today launched a specialist logistics company called DotZot to cater to e-commerce companies.
DTDC scales its global presence, enters Australia and Kuwait through joint venture
The entity will progressively offer same day delivery, pick-up and return services for vital shipments, 'Bullet Service' within 4 hours, pre-paid services.
GeoPost to pick 40% stake in DTDC valuing the company at Rs 475 crore
Reliance Capital had invested Rs60-crore at the end of 2006 which has grown three times for the Anil Ambani Group.
Logistics firm DTDC buys 53% stake in Eurostar Express
Logistics major DTDC Courier and Cargo has acquired 53% stake in UAE-based Eurostar Express for an undisclosed amount.
DTDC Courier & Cargo Ltd acquires majority stake in Eurostar Express
Logistics major, DTDC Courier & Cargo Ltd on Monday said that the company has acquired a majority stake in UAE based Eurostar Express.
Courier companies plan rate hike by 3%
Big players such as Blue Dart, DTDC, AFL WIZ have revised their charges by 15-20% due to a rise in fuel prices and there are indications that courier rates are likely to be hiked yet again.
Courier industry fights hard to maintain margin
The courier industry is in the dock as domestic carriers have effected a sudden increase of Rs five a kilo for air sectors across the board.
Telecom firms earn Rs 175 cr on New Year's Eve
Government and private telecom firms had a windfall of sorts on the New Year eve, which earned as much as Rs 175 crore.
DTDC to enter warehousing biz
DTDC to venture into the Rs 5,000 crore domestic warehousing sector.
Temasek to pick up 28% stake in First Flight
Temasek is picking 27.74% equity stake in courier and express delivery firm First Flight in a deal worth Rs 107.5 crore.
Street signals: R-ADAG to buy Patel Roadways
Reliance-ADAG’s private equity arm is all set to acquire Patel Roadways, a Mumbai-based transport company.
GeoPost may pick 10% in DTDC
Geopost of France may pick up 10% stake in Bangalore-based courier and express company DTDC, in which Anil Ambani-controlled Reliance Capital holds 40%.
ADAG makes first move for DTDC-Gati alliance
Anil Dhirubhai Ambani Group (ADAG) is looking for a game-changing deal in the logistics space.
DTDC to enter Chinese market
Bangalore-based Desk to Desk Courier (DTDC) company would be the first Indian express cargo company moving to China from this September.
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