Latest news with #EXIM
Yahoo
27-05-2025
- Business
- Yahoo
MatchLog, Accuracy Shipping partner to enhance container logistics in India
India's MatchLog Solutions has partnered with Accuracy Shipping to optimise container logistics in India. The collaboration focuses on improving efficiency in export-import (EXIM) container flows across the country's major trade corridors using real-time container reuse models and technology-led processes. The Indian logistics sector is witnessing increasing trade volumes and slower infrastructure growth, according to Accuracy Shipping. MatchLog and Accuracy Shipping's collaboration aims to shift the sector's conventional, infrastructure-intensive systems to data-driven logistics operations. The partnership will use MatchLog's AI-based triangulation engine and integrated reuse yards to repurpose import containers for export use in real time. This approach is expected to eliminate empty trips, reduce driver waiting periods, and optimise the use of transport assets. This transition will not only lower costs but also decrease carbon emissions, resulting in a more efficient and environmentally friendly logistics chain, according to the company. Accuracy Shipping managing director Vinay Tripathi said: 'Our goal has always been to bring speed, efficiency, and transparency into every link of the supply chain. 'With MatchLog's platform, we are able to go a step further in optimising container utilisation at scale while meeting the evolving needs of our customers. It is about embracing the future of logistics where every move is meaningful, planned, and data-driven. We see this as a natural evolution of our services.' Accuracy Shipping brings extensive port presence, a strong fleet, and customs expertise to the collaboration. MatchLog complements these strengths with a platform that delivers predictive insights and reuse capabilities tailored to meet real-time supply and demand precisely. The initiative aligns with MatchLog's broader goal of removing ten billion kilometres of redundant travel from the global EXIM container supply chain. MatchLog India CEO Harsh Vardhan Gupta said: 'This collaboration represents the shift from a reactive to a predictive model of container logistics. Instead of building more infrastructure, we are making existing networks smarter. 'With Accuracy Shipping's on-ground strength and our technology-led reuse ecosystem, we are creating a new operating model; one that's faster, leaner, and purpose-built for scale. This is the kind of transformation India's supply chains need.' Accuracy Shipping said that the collaboration will bring faster turnaround times, improved planning, and real-time visibility to the logistics landscape. "MatchLog, Accuracy Shipping partner to enhance container logistics in India" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
27-05-2025
- Business
- Yahoo
MatchLog, Accuracy Shipping partner to enhance container logistics in India
India's MatchLog Solutions has partnered with Accuracy Shipping to optimise container logistics in India. The collaboration focuses on improving efficiency in export-import (EXIM) container flows across the country's major trade corridors using real-time container reuse models and technology-led processes. The Indian logistics sector is witnessing increasing trade volumes and slower infrastructure growth, according to Accuracy Shipping. MatchLog and Accuracy Shipping's collaboration aims to shift the sector's conventional, infrastructure-intensive systems to data-driven logistics operations. The partnership will use MatchLog's AI-based triangulation engine and integrated reuse yards to repurpose import containers for export use in real time. This approach is expected to eliminate empty trips, reduce driver waiting periods, and optimise the use of transport assets. This transition will not only lower costs but also decrease carbon emissions, resulting in a more efficient and environmentally friendly logistics chain, according to the company. Accuracy Shipping managing director Vinay Tripathi said: 'Our goal has always been to bring speed, efficiency, and transparency into every link of the supply chain. 'With MatchLog's platform, we are able to go a step further in optimising container utilisation at scale while meeting the evolving needs of our customers. It is about embracing the future of logistics where every move is meaningful, planned, and data-driven. We see this as a natural evolution of our services.' Accuracy Shipping brings extensive port presence, a strong fleet, and customs expertise to the collaboration. MatchLog complements these strengths with a platform that delivers predictive insights and reuse capabilities tailored to meet real-time supply and demand precisely. The initiative aligns with MatchLog's broader goal of removing ten billion kilometres of redundant travel from the global EXIM container supply chain. MatchLog India CEO Harsh Vardhan Gupta said: 'This collaboration represents the shift from a reactive to a predictive model of container logistics. Instead of building more infrastructure, we are making existing networks smarter. 'With Accuracy Shipping's on-ground strength and our technology-led reuse ecosystem, we are creating a new operating model; one that's faster, leaner, and purpose-built for scale. This is the kind of transformation India's supply chains need.' Accuracy Shipping said that the collaboration will bring faster turnaround times, improved planning, and real-time visibility to the logistics landscape. "MatchLog, Accuracy Shipping partner to enhance container logistics in India" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
26-05-2025
- Business
- Yahoo
Perpetua Resources applies for $2bn EXIM finance for Stibnite Gold Project
Perpetua Resources has formally applied to the Export-Import Bank of the United States (EXIM) for potential debt financing of up to $2bn for the construction of the Stibnite Gold Project. This application is a critical step in securing funding for a project that could enhance US antimony production and provide environmental restoration to the historical Stibnite Mining District. EXIM is expected to perform its standard due diligence and review the project's eligibility under its initiatives, following the submission of Perpetua's application. This comes after Perpetua's continuous engagement with EXIM's underwriting team and the receipt of the final federal permit for the project. Perpetua Resources received a non-binding Letter of Interest (LoI) from EXIM in April last year regarding potential debt financing of up to $1.8bn under EXIM's Make More in America initiative and the China and Transformational Exports Program. The move aligns with a recent Executive Order to boost government financing for mineral production and could help the US compete with China in antimony production. The application amount has been increased to $2bn, reflecting the updated job-years estimate from financial updates and basic engineering work completed in the first quarter of 2025. Perpetua Resources president and CEO Jon Cherry said: 'The Stibnite Gold Project is poised to be a national strategic asset for domestic antimony production and is also a world class gold asset. 'EXIM financing could play a pivotal role in advancing the Project to production so we can reestablish a secure supply of antimony for the United States for decades to come.' In 2024, China restricted the global export of antimony, a critical mineral for national defence, which heightened the need for domestic production. The Stibnite Gold Project aims to re-establish antimony production in the US. With the Army Corps permit and previous authorisations from the U.S. Forest Service and Idaho state agencies in hand, Perpetua Resources is now focused on obtaining the remaining state permits and securing the necessary financing to begin construction. "Perpetua Resources applies for $2bn EXIM finance for Stibnite Gold Project" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Economic Times
26-05-2025
- Business
- Economic Times
Navigating the Future: Insights into the Indian Logistics Sector
The Indian logistics sector is poised for growth, driven by strategic international collaborations and a robust domestic market. This article delves into the sector's performance, outlook, and highlights key companies that are set to benefit from this positive trajectory. Sector Performance and Outlook Tired of too many ads? Remove Ads Top Companies Analysts Recommend Based on Upside Potential Company Name Current Price Recommendation Upside Potential Target Price Gateway Distriparks Rs. 63.86 Buy 47% Rs. 93.30 VRL Logistics Rs. 582 Strong Buy 18% Rs. 646.00 TCI Express Rs. 764.9 Buy 18% Rs. 882.00 Delhivery Rs. 356.35 Buy 16% Rs. 405.00 Transport Corporation of India Rs. 1152.4 Strong Buy 13% Rs. 1280.00 Container Corporation of India Rs. 731.15 Hold 9% Rs. 795.00 Tired of too many ads? Remove Ads About the Companies Gateway Distriparks VRL Logistics Tired of too many ads? Remove Ads The Indian logistics sector is currently experiencing a mixed performance, with a notable increase over the past month, indicating a recovery trend. However, the sector has faced challenges over the past year, reflecting a decline that has raised concerns among investors. The recent signing of a bilateral agreement with Japan is expected to significantly enhance supply chain efficiency, which could provide a much-needed boost to the sector. This collaboration aims to streamline operations, reduce costs, and improve delivery times, ultimately increasing trade volume between India and the agreement is anticipated to attract foreign direct investment(FDI)into logistics infrastructure, paving the way for long-term growth and improved competitiveness. With maximum potential upside projected at 47% and a minimum of 9%, the sector's outlook remains positive, suggesting that investors may find lucrative opportunities in the coming the logistics sector evolves, companies that can adapt to the changing landscape and leverage new technologies will likely emerge as leaders. The focus on enhancing supply chain capabilities and fostering international partnerships will be crucial in driving growth and profitability in this dynamic Distriparks Limited is an integrated inter-modal logistics service provider in India. The company operates a network of rail-linked inland container depots and container freight stations, offering a range of logistics services including warehousing and transportation. With a focus on enhancing connectivity for the EXIM industry, Gateway Distriparks is well-positioned to capitalize on the growing demand for logistics recommend a 'Buy' rating for Gateway Distriparks, with a target price of Rs. 93.30, reflecting a substantial upside potential of 47%. The company's latest financial performance shows impressive YoY PAT growth of 619.61% and sales growth of 8.11%, indicating strong operational efficiency and market Logistics Limited specializes in goods transport, focusing on less than truck load(LTL)movement. The company offers a variety of logistics services, including parcel delivery and full truckload services, with a robust fleet of vehicles for nationwide operations. VRL's extensive network and capabilities make it a key player in the logistics a 'Strong Buy' recommendation from analysts, VRL Logistics has a target price of Rs. 646.00, representing an 18% upside potential. The company's financials reflect a remarkable YoY PAT growth of 244.71% and a sales growth of 9.43%, showcasing its strong recovery and growth Express Limited is engaged in express cargo distribution through various modes of transport. The company focuses on providing time-definite solutions and has established a strong presence in the express logistics market. TCI Express offers a comprehensive range of services, including surface and air express, catering to diverse customer have rated TCI Express as a 'Buy' with a target price of Rs. 882.00, indicating an 18% upside potential. Despite a challenging financial landscape, the company reported a YoY sales growth of 1.03%, although its PAT has seen a decline of 40.39%, highlighting the need for strategic Limited is a fully integrated logistics provider, offering a wide array of services including express parcel delivery and supply chain solutions. The company caters to various sectors, including e-commerce and large enterprises, and has developed a strong logistics network across a 'Buy' recommendation from analysts, Delhivery has a target price of Rs. 405.00, reflecting a 16% upside potential. The latest financial results show a YoY PAT growth of 205.97% and sales growth of 9.71%, indicating a positive trend in operational performance despite previous Corporation of India Limited(TCI)provides integrated multimodal logistics and supply chain solutions. The company operates through various segments, including freight and supply chain solutions, delivering comprehensive logistics services across the have given TCI a 'Strong Buy' rating, with a target price of Rs. 1280.00, suggesting a 13% upside potential. The company has demonstrated solid financial performance with a YoY PAT growth of 11.85% and sales growth of 11.62%, reflecting its strong market position and operational Corporation of India Limited( CONCOR )is engaged in logistics and transportation services, focusing on container handling and warehousing activities. The company operates both EXIM and domestic divisions, providing a range of logistics solutions to meet market rated as a 'Hold' by analysts, CONCOR has a target price of Rs. 795.00, indicating a 9% upside potential. The company's financial performance has faced challenges, with a YoY PAT decline of 5.81% and modest sales growth of 2.7%, necessitating strategic initiatives to enhance profitability.
Business Upturn
26-05-2025
- Business
- Business Upturn
Jefferies maintains buy on CONCOR, sees 14.3% upside, expects 13% volume growth in FY26
By News Desk Published on May 26, 2025, 08:21 IST Jefferies has maintained its Buy rating on Container Corporation of India (CONCOR) and raised its target price to ₹825, implying a 14.3% upside from the current market price of ₹722.00. The Q4 results missed expectations, with EBITDA falling short due to weak volume growth and lower EXIM realisations impacting margins. However, management remains upbeat and has guided for a 13% YoY volume growth in FY26, led by steady 10% growth in the EXIM segment. Jefferies has trimmed its FY26–27 EBITDA estimates by 1–6% to reflect the Q4 miss but continues to see long-term growth drivers intact. A key catalyst identified by the brokerage is the Dedicated Freight Corridor (DFC) connectivity to JNPT, which is expected to significantly enhance operational efficiency and support volume expansion. Disclaimer: This article is for informational purposes only. Business Upturn does not provide any investment advice or stock recommendations. Investors are advised to consult a qualified financial advisor before making any investment decisions. News desk at
