GMR Cargo and Logistics (GCLL), a fully owned subsidiary of GMR Airports, announced on November 26 that it has successfully raised a long-term rupee loan of up to ₹750 crore from Axis Bank. According to the company's regulatory filing, the newly acquired funds are for the development of a portion of the cargo city project at Delhi International Airport.

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GMR Cargo and Logistics secures ₹750 cr loan for Delhi Airport Cargo City
www.itln.in

GMR Cargo and Logistics secures ₹750 cr loan for Delhi Airport Cargo City

The company provided Axis Bank with a sponsor support undertaking (SSU) and a pledge or a combination, covering 51% of its GCLL shares.

FedEx has opened a new air and ground logistics centre at Tallinn Airport to support Estonian businesses in accessing global markets. The facility, which began operations on September 24, 2025, combines automated sorting systems with direct connections to FedEx’s global air network and road hub in Poland.

#fedex #tallinnairport #poland #estonialogisticscenter #aircargohub #groundtransportation #ecommerceestonia #internationalshipping #automatedsortingfacility #fedexeuropeexpansion

FedEx opens new air and ground logistics centre at Tallinn Airport
www.stattimes.com

FedEx opens new air and ground logistics centre at Tallinn Airport

The centre will enable faster shipment of parcels, linking Estonia to over 220 markets worldwide.