Gateway Distriparks launches Double Stack Rail Services at ICD Faridabad

07 Nov 2024 CW Team

Gateway Distriparks (GDL), a leading multimodal logistics company, has launched double stack rail services at its Inland Container Depot (ICD) in Faridabad, further expanding its capabilities to provide efficient connectivity to major seaports including Mundra, Pipavav, and Nhava Sheva through the Western Dedicated Freight Corridor (WDFC).

This service, which will significantly increase carrying capacity, is already operational at GDL’s ICDs in Gurgaon and Viramgam. The introduction of double stack services at Faridabad will enhance the efficiency of GDL’s 34 train sets, reducing transit times and logistics costs for the company’s customers across Delhi NCR, Haryana, Uttar Pradesh, and surrounding areas.

Prem Kishan Dass Gupta, Chairman and Managing Director of Gateway Distriparks, emphasized the company’s commitment to logistics innovation and sustainability. The double stack services can increase capacity by up to 30% per trip, benefiting importers and exporters in the region by streamlining operations and reducing carbon emissions.

The service aims to support regional trade growth while aligning with GDL's environmental goals by lowering transportation-related emissions.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..