Billions earmarked for logistics on Indian subcontinent

transportjournal | January 31, 2018

DP World and India’s national investment and infrastructure fund (NIIF) are finalizing their joint launch of an investment platform for logistics projects in India. A target amount of USD 3 billion of equity is conceived to acquire assets and develop projects in Indian ports, as well as transport and logistics businesses. The partnership follows on from a memorandum of understanding (MoU) signed in May 2017, and Sheikh Mohammed bin Zayed Al Nahyan (iAbu Dhabi's crown prince), and DP World's group chairman and CEO, Sultan Ahmed bin Sulayem's visit to India in February 2016. In addition to sea ports, the platform will also invest in "critical infrastructure" such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals and logistics infrastructure. (kd)

Spotlight

J.B. Hunt Transport’s (JBHT) peer group includes trucking companies that compete in the national marketplace and some of the US Class I railroads. The company updates its peer group every year. The prior peer group included 15 companies while the current peer group has 12 companies. According to the company, AMERCO (UHAL), ArcBest Corporation (ARCB), and Old Dominion Freight Line (ODFL) are not its peer group companies.

Spotlight

J.B. Hunt Transport’s (JBHT) peer group includes trucking companies that compete in the national marketplace and some of the US Class I railroads. The company updates its peer group every year. The prior peer group included 15 companies while the current peer group has 12 companies. According to the company, AMERCO (UHAL), ArcBest Corporation (ARCB), and Old Dominion Freight Line (ODFL) are not its peer group companies.

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