DTDC
Logistics firms bulk up hiring, capacity to carry heavier festival loads
As the festive season approaches, Indian logistics firms are bracing for a notable spike in shipment volumes. Companies like DTDC and Blue Dart are ramping up their workforce, bringing in temporary employees to handle the anticipated delivery surge. Amazon is also enhancing its fulfillment and delivery networks to accommodate an influx in demand. Key considerations for the industry include rising wages and necessary operational adjustments.
Reinventing India Post
With a noticeable surge in revenue, India Post is broadening through innovative partnerships. The integration of financial and citizen services into a unified platform has marked a significant shift. Post offices are evolving into modern service hubs, seamlessly blending physical presence with digital convenience, establishing a trustworthy phygital experience.
New Haryana hub to cut North India turnaround time by 4 hours: DTDC
DTDC CEO Abhishek Chakraborty discusses how the new DTDC Bharat One Hub in Rathiwas will reduce dependence on Delhi-NCR, support rapid commerce, and strengthen the company’s focus on MSMEs and new-age businesses.
DTDC Express opens all-female-run dark store in Indore
DTDC Express Ltd has launched its first all-female-run dark store in Indore, a 700-sq-ft facility where women manage all operations, including warehouse, delivery, and client servicing. This initiative, part of DTDC's rapid commerce service, aims to empower women in logistics and foster innovation within the industry.
DTDC enters rapid commerce with 2-4 hour, same-day delivery services
DTDC has launched 2-4 hour and same-day delivery services, entering the rapid commerce market. The company opened its first Dark Store in Bengaluru, boosting hyperlocal fulfilment and last-mile delivery efficiency. This initiative aims to support D2C brands and social commerce sellers, with plans to expand nationwide to enhance rapid delivery services for businesses and customers.
DTDC launches drone delivery services in partnership with Skye Air Mobility
DTDC Express partnered with Skye Air Mobility to launch last-mile drone-based deliveries. It started with a successful 7.5 km delivery from Bilaspur to Gurgaon sector 92. CEO Abhishek Chakraborty highlighted the milestone partnership's role in reshaping last-mile logistics amid digitalisation and changing consumer behaviors. The eco-friendly drone delivery aims to reduce carbon emissions and traffic congestion. There are plans for expansion across India to enhance delivery speed, efficiency, and sustainability.
DTDC Express elevates Abhishek Chakraborty to the role of CEO
Before assuming the role of CEO, Abhishek Chakraborty led the firm as executive director for 15 years. He also played a role in establishing a strategic partnership between DTDC and Geopost (owned by La Poste). He also spearheaded the DTDC and Amarex partnership. He has also been responsible for introducing initiatives such as the MyDTDC app and DTDCShipAssure, the company’s money-back guarantee service.
DTDC launches operations in Malaysia, eyes southeast market expansion
DTDC, through its subsidiary DTDC Global Express PTE Ltd, has entered the Malaysian market by inaugurating a new office in Kuala Lumpur. The move expands DTDC's presence in Southeast Asia, adding to its existing locations in Singapore and Australia. The new office in Kuala Lumpur will provide enhanced trans-shipment solutions and offer export and import services to/from India, Singapore, and Australia, along with handling local deliveries in Malaysia.
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.
GeoPost in talks to pick up 20-25% more in DTDC
The French govt-backed logistics firm already owns 42% stake in DTDC.
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.
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.
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 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.
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.
DTDC launches three hub offices in Tripura
Air express and cargo company DTDC launches three new hub offices at Agartala in Tripura.
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%.
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