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Skyways Air Services, a Delhi-based air freight forwarding and logistics company, has received the Securities and Exchange Board of India (SEBI) nod for an Initial Public Offering (IPO). The fresh issue component will consist of 3.29 crore equity shares with a face value of ₹10 each. Concurrently, the offer for sale (OFS) will see existing shareholders, including the promoters, offload 1.33 crore shares.

#skyways #skywaysairservices #ipo #sebi #aircargo #airfreight #logistics

Skyways Air Services receives SEBI’s nod for IPO
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Skyways Air Services receives SEBI’s nod for IPO

Proceeds will repay ₹216.78 crore in borrowings, allocate ₹130 crore for working capital, and fund general corporate purposes.

Delhivery, India’s largest integrated 3rd party logistics service provider, said Ecom Express integration costs are expected to be below the initial guidance of ₹300 crore. The company is now projecting an integration expenditure of ₹100 to ₹110 crore over the next two quarters.

#delhivery #ecomexpress #india #logistics #logisticsserviceprovider

Delhivery trims Ecom Express integration costs below ₹300 cr estimate
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Delhivery trims Ecom Express integration costs below ₹300 cr estimate

The cost was determined by evaluating real estate lock-ins, facilities, and with managing the newly acquired workforce.

Panattoni and Edayar Zinc Ltd. have announced that they will jointly develop an ₹800 crore multi-client industrial and logistics park in Edayar Industrial Area, Kochi.

#panattoni #edayarzinc #kochi #kerala #logisticspark #industrialdevelopment #klic

Panattoni, Edayar Zinc to build ₹800 crore industrial park in Kochi
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Panattoni, Edayar Zinc to build ₹800 crore industrial park in Kochi

Construction will begin in February 2026, with Phase 1 operations expected by February 2027.

In the third quarter of 2025, the logistics company DHL Group achieved earnings growth despite ongoing trade conflicts. Revenue declined 2.3 percent to EUR 20.1 billion, “driven by currency effects and lower volumes on routes to the United States.”

#dhl #logistics #dhlgroup #unitedstates #dhlexpress #dhlglobalforwarding #dhlsupplychain #dhlecommerce

DHL boosts profits despite revenue dip in Q3 2025
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DHL boosts profits despite revenue dip in Q3 2025

Group revenue declined in the third quarter to EUR 20.1 billion (Q3 2024: EUR 20.6 billion) due to currency effects. EBIT increased to EUR 1.5 billion (Q3 2024: EUR 1.4 billion).

Delhivery, India’s largest fully integrated logistics provider, reported a consolidated net loss of ₹50.37 crore for the second quarter of fiscal year 2025-26, reversing a profit of ₹10.2 crore reported in the same period last year. The decline in the bottom line was primarily attributed to one-time integration costs related to the company's recent acquisition of Ecom Express.

#delhivery #ecomexpress #supplychain #logistics #q2

Delhivery reports loss of ₹50 crore in Q2, due to Ecom Express integration
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Delhivery reports loss of ₹50 crore in Q2, due to Ecom Express integration

The decline was primarily attributed to one-time integration costs related to the company\s acquisition of Ecom Express.

Indian Transport & Logistics News (ITLN), a STAT Media Group publication, is a bi-monthly magazine reporting on and for the transport and logistics industries of the Indian subcontinent.