Slowing volumes hit India logistics provider's profit
Struggling with container freight station throughput and intermodal volume declines amid sluggish global demand and other operational challenges, India’s largest port-based logistics provider, Gateway Distriparks Ltd., reported its net earnings tumbled nearly 42 percent year-over-year in fiscal year 2015-16, which ended March 31.
Group net profit fell to Rs. 110 crore…
Slowing volumes hit India logistics provider's profit
Journal of Commerce