The All India Transporters’ Welfare Association (AITWA) has issued a statement that urges transporters to tread carefully; adopt measures to safeguard the transport and trade business amid uncertain times made worse by Covid-19. Insisting that they securing their employees working in the sector amid over 90 lakh trucks being unutilised for the last two months, AITWA has indicated in its[Read More…]
With the road freight (transport) fraternity receiving no response for its demands to extend the renewal of third-party insurance and toll tax holiday, the likelihood of uninsured trucks on the road is expected to rise. With transporters finding it tough to sustain in the absence of any financial relief coming its way, the challenge of uninsured trucks hitting the road[Read More…]
Volvo Group and Isuzu Motors form a strategic alliance within commercial vehicles by signing a non-binding Memorandum of Understanding (MoU). The partnership entails transferring the ownership of the complete UD Trucks business globally from the Volvo Group to Isuzu Motors with a motive of accelerating its growth by leveraging greater volumes and complementary capabilities. With an intend to capture opportunities[Read More…]
Valeo Motherson is looking at reefer trucks to achieve growth. Story by: Anirudh Raheja Changing its identity from Spheros Motherson to Valeo Motherson post the global acquisition of Spheros by Valeo, the bus air-conditioning specialist is looking at reefer truck market. It is a part of the complete transformation the company is subjecting to. Expected to completely transform by the[Read More…]
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