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2018-01-03 thehindubusinessline
Tiger Logistics (India) has signed an exclusive agreement with US-based Compass Forwarding Co Inc (Compass) and its subsidiary Falcon Maritime & Aviation Co Inc (Falcon). Tiger Logistics along with Compass and Falcon have agreed to service the markets of the US, Kingdom of Saudi Arabia and India on exclusive basis. The agreement also provides for mutual support to each other on non-exclusive basis for Brazil-India tradeline. (0-1)

Distances covered by trucks rise after GST

New Delhi : The average distance covered by a truck in the country has increased by up to 100-150 kilometres a day as compared to what vehicles were covering in the pre- GST era, according to logistics sector representatives. Its been six months since the government rolled out the GST and the impact of the new tax regime has been such that the average distance covered by a truck in India is between the 400- 450 km/ mark now, CEO of logistic firm TCI Express P C Sharma told the PTI. (1-0)