Latest news with #Logistics
The Hindu
a day ago
- Business
- The Hindu
Logistics and warehousing policy to be announced soon: Sirsa
The Delhi government will soon launch the Logistics and Warehousing Policy, 2025, said Industries Minister Manjinder Singh Sirsa on Sunday. The government is exploring dedicated logistics hubs, green freight corridors, and technology-driven solutions, as the policy, which aims to ease congestion, curb pollution, and boost ease of doing business, is expected to be made public in 15 days, according to the Minister's office. The policy will be structured around 16 key action points, which collectively aim to overhaul Delhi's logistics landscape, including 24/7 operations for logistics parks through amendments to the Model Shops Act, digital delivery management to optimize truck movement and reduce peak-hour traffic, and merging trade and establishment licenses to cut red tape for warehousing businesses and others. 'This is a game-changer policy. It will make our logistics ecosystem cleaner, faster, and more competitive. Traders will gain, commuters will breathe easier, and Delhi will set a benchmark for sustainable urban freight,' Mr. Sirsa said. Mr. Sirsa said that Delhi currently handles 10 lakh tonnes of freight per day through 1.93 lakh vehicles, 21% of which passes through traffic. The largest share is carried by trucks transporting building materials (4,132 vehicles/day), textiles (3,995), fruits and vegetables (2,569), and food products (2,468). Even pharmaceuticals (559) and automobiles (588) contribute to congestion. 'Without proper warehousing zones, these vehicles enter city interiors, clogging major routes and worsening pollution,' Mr. Sirsa said. The Minister said that the draft policy proposes relocating warehouses to the periphery, consolidating freight at three modern Urban Consolidation and Logistics Distribution Centres to be built on city outskirts with incentives for traders and shifting last-mile deliveries to electric and CNG vehicles. 'These measures will cut vehicular emissions and reduce congestion at hotspots like Azadpur, Ghazipur, Naraina, and Karol Bagh, delivering a significant win for air quality,' he added.
Yahoo
2 days ago
- Business
- Yahoo
Eneco Energy's (SGX:R14) Returns On Capital Are Heading Higher
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. So when we looked at Eneco Energy (SGX:R14) and its trend of ROCE, we really liked what we saw. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Understanding Return On Capital Employed (ROCE) If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. Analysts use this formula to calculate it for Eneco Energy: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.0056 = S$148k ÷ (S$37m - S$11m) (Based on the trailing twelve months to December 2024). Thus, Eneco Energy has an ROCE of 0.6%. Ultimately, that's a low return and it under-performs the Logistics industry average of 4.6%. Check out our latest analysis for Eneco Energy Historical performance is a great place to start when researching a stock so above you can see the gauge for Eneco Energy's ROCE against it's prior returns. If you're interested in investigating Eneco Energy's past further, check out this free graph covering Eneco Energy's past earnings, revenue and cash flow. What Does the ROCE Trend For Eneco Energy Tell Us? Eneco Energy has recently broken into profitability so their prior investments seem to be paying off. The company was generating losses five years ago, but now it's earning 0.6% which is a sight for sore eyes. Not only that, but the company is utilizing 191% more capital than before, but that's to be expected from a company trying to break into profitability. We like this trend, because it tells us the company has profitable reinvestment opportunities available to it, and if it continues going forward that can lead to a multi-bagger performance. In another part of our analysis, we noticed that the company's ratio of current liabilities to total assets decreased to 29%, which broadly means the business is relying less on its suppliers or short-term creditors to fund its operations. So shareholders would be pleased that the growth in returns has mostly come from underlying business performance. The Key Takeaway To the delight of most shareholders, Eneco Energy has now broken into profitability. Astute investors may have an opportunity here because the stock has declined 18% in the last year. So researching this company further and determining whether or not these trends will continue seems justified. On a separate note, we've found 2 warning signs for Eneco Energy you'll probably want to know about. While Eneco Energy isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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
Time of India
2 days ago
- Business
- Time of India
MPIDC receives proposals for new pvt logistics parks
Indore: Pithampur industrial hub near Indore, is set to significantly boost its logistics infrastructure with the Madhya Pradesh Industrial Development Corporation (MPIDC) receiving proposals for new private logistics parks. This development comes as the region continues to attract major investment in its rapidly expanding industrial and logistics sectors. According to MPIDC executive director Himanshu Prajapati, prominent investors, including Gateway Distriparks and the Dubai-based Sharaf Group, expressed keen interest in developing logistics parks in the area. Both entities specifically requested approximately 40 acres of land each in proximity to the upcoming Indore-Dhar Railway line, signalling a strategic focus on multimodal connectivity. "These are the first private logistic park proposals received by MPIDC that presently are in the initial stage. The lands will be allotted to the private firms on lease while we will, as per the policy, also offer them incentives and other assistance as required," he said. The Executive Director added that these proposed private logistics parks will complement the existing and upcoming logistics infrastructure in Pithampur. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Prettiest Icons In The History The Noodle Box Undo Notably, a large-scale Multi-Modal Logistics Park (MMLP) is already under development near Sector 6 of Pithampur. This MMLP is being established with a substantial investment of around Rs 1,110 crore across an area of approximately 250 acres, promising to be a cornerstone of the region's logistics capabilities. "The combined development of these private logistics parks and the state-led MMLP is expected to provide a significant boost to the logistics sector in the wider Indore region, enhancing connectivity, reducing transportation costs, and attracting further industrial growth," he said, adding that the strategic location, coupled with improved rail connectivity from the Indore-Dhar line, positions Pithampur as a crucial logistics gateway for Central India.
Yahoo
5 days ago
- Business
- Yahoo
Saia (SAIA) Q2 Earnings Report Preview: What To Look For
Freight transportation and logistics provider Saia (NASDAQ:SAIA) will be announcing earnings results this Friday morning. Here's what to look for. Saia missed analysts' revenue expectations by 3.1% last quarter, reporting revenues of $787.6 million, up 4.3% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. Is Saia a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Saia's revenue to decline 1.7% year on year to $809.5 million, a reversal from the 18.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.40 per share. Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 9 upward revisions over the last 30 days (we track 15 analysts). Saia has missed Wall Street's revenue estimates four times over the last two years. Looking at Saia's peers in the transportation and logistics segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Covenant Logistics delivered year-on-year revenue growth of 5.3%, beating analysts' expectations by 3.7%, and Knight-Swift Transportation reported flat revenue, in line with consensus estimates. Read our full analysis of Covenant Logistics's results here and Knight-Swift Transportation's results here. There has been positive sentiment among investors in the transportation and logistics segment, with share prices up 7.7% on average over the last month. Saia is up 11.6% during the same time and is heading into earnings with an average analyst price target of $298.15 (compared to the current share price of $307.03). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. 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
Zawya
6 days ago
- Business
- Zawya
GWC reports first half profit of QAR62.46mln
Sheikh Mohammed bin Hamad: Logistics is a key pillar of economic diversification Sheikh Abdulla bin Fahad: Committed to innovation and operational excellence Matthew Kearns: Integrating sustainability across all operations and activities Doha / Qatar: Gulf Warehousing Company Q.P.S.C. (GWC) – one of the fastest-growing businesses in the MENA region – announced its financial results for the first half of the year (the period ending June 30, 2025). The company reported total revenues of QAR 712.69 million and a net profit of QAR 62.46 million, while earnings per share stood at QAR 0.100 during the same period. His Excellency Sheikh Mohammed Bin Hamad Bin Jassim Bin Jaber Al Thani, GWC Chairman, said: "Logistics plays a vital role in facilitating the movement of goods and services and boosting both domestic and international trade. It also serves as a fundamental pillar in diversifying the national economy in line with the Third National Development Strategy and Qatar National Vision 2030. With its strategic advantages, Qatar is well-positioned to become a global logistics hub. In this context, GWC is proud to support the growth of the logistics sector, maintaining a leading position in the Qatari market by offering a comprehensive range of services that include warehousing, distribution, records management solutions, logistics hubs, freight forwarding, fine art logistics, transportation, air and sea freight, and customs clearance.' He added: 'We are steadily increasing our support for small and medium-sized enterprises (SMEs) through Al Wukair Logistics Park, which spans 1.5 million square meters and offers world-class infrastructure and a solid platform for business growth and expansion. At the same time, we are fully prepared to seize the opportunities presented by the North Field Expansion Project —the world's largest LNG project currently under construction—with the first phase set to begin production by mid-next year. In February, GWC launched a cutting-edge logistics hub in Ras Laffan, dedicated to serving Qatar's oil and gas industry. This facility complements the operations of GWC Energy, a wholly owned subsidiary of GWC.' His Excellency Sheikh Abdulla Bin Fahad Bin Jassim bin Jaber Al Thani, GWC Managing Director, said: "The company continues to implement an expansion strategy based on a solid financial foundation and a diversified portfolio of investments across sectors and geographies. This approach enables us to adapt to fluctuations in the operational environment, diversify income sources, and reinforce the company's leadership in the regional logistics sector. At the same time, we are undertaking a comprehensive development of our services, focusing on seizing investment opportunities with carefully studied risks and returns, enhancing our competitive capabilities, and maintaining sustainable profitability through prudent risk management." He added: 'Our subsidiaries continue to expand regionally and forge strategic partnerships in high-potential markets. At the same time, we are expanding into new sectors while entering new markets. As part of this growth, GWC has signed a strategic service agreement with Huawei to provide delivery services for its official e-commerce store across Qatar, ensuring an exceptional customer experience. This move marks a significant expansion in the e-commerce sector and aligns with our strategy to offer innovative logistics solutions.' Matthew Kearns, GWC's Group Acting CEO, said: 'Capital Intelligence, the international credit rating agency, has assigned GWC its first-ever Long- and Short-Term ratings on the Qatar National Scale of 'qaA-' and 'qaA2', respectively, with a Stable outlook. This recognition reflects the company's strong market position and the resilience of our business model amid global challenges.' He added: 'We maintain a strong focus on driving innovation in our logistics solutions while accelerating sustainability initiatives across all our operations. Recently, GWC partnered with Yellow Door Energy, a leading provider of sustainable energy solutions in the Middle East and Africa, to develop solar power stations at three of its key logistics centers: Logistics Village Qatar, Bu Sulba Warehousing Park, and Al Wukair Logistics Park. This initiative marks one of the largest private-sector solar energy projects in the GCC.' About GWC Group Gulf Warehousing Company Q.P.S.C (GWC) is Qatar's number one logistics and supply chain solutions provider and a trusted industry leader across the GCC. Since its establishment in 2004, GWC has built a reputation for operational excellence, innovation, sustainability, and reliability. With a comprehensive regional network and advanced infrastructure, the company delivers seamless, technology-driven solutions covering warehousing, distribution, freight forwarding, transportation, and specialized logistics. GWC empowers businesses of all sizes, from entrepreneurs and SMEs to global multinationals, enabling seamless operations and sustainable growth. Notably, GWC was the first Regional Supporter and the Official Logistics Provider for the FIFA World Cup Qatar 2022™, showcasing its world-class capabilities on the global stage.
