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UAE, Indian firms Enter Into Logistics Joint Venture

Posted on August 17, 2016 by J Sammy Leave a comment

JV will set up 25 e-commerce centres in next three months and about 200 branches in the next 3 years to meet e-commerce market demand in India worth $250 billion by 2025 Indian logistics and transport company Patel Group is foraying into logistics services for the e-commerce sector by entering into joint venture partnerships with logistic companies in the UAE and

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UPS Profits Rise on E-Commerce Growth

Posted on August 2, 2016 by J Sammy Leave a comment

United Parcel Service Inc. on Friday reported a 3.2% increase in profit fueled in part by e-commerce growth, but the delivery giant cautioned that a weaker industrial environment will continue to be a drag. Revenue increased 3.8% to $14.63 billion for the second quarter, while profit rose to $1.27 billion. UPS forecast its e-commerce business will grow faster than expected

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UAE, Indian firms Enter Into Logistics Joint Venture

UPS Profits Rise on E-Commerce Growth