Logistics demand for auto halves in festive season
(WorldNews India)

Chennai: After a slow Q2, logistics companies saw a slower Diwali this time. While demand from automotive segment was badly hit, even the best of the sectors—e-commerce—saw some slackness in volumes. In September quarter, logistics volumes recorded around 5 per cent drop due to the sluggishness in the economy. Railway freight volumes too dropped by 3.7 per cent in Q2. The sluggishness was evident in most of the core sectors,...