‘Biggest firms have zero global presence’: Finfluencer urges India to step up...
Financial influencer Akshat Shrivastava has stirred a conversation about India’s economic direction, saying it’s high time the country started focusing on building its global footprint. In a tweet,...
View ArticleGovt mulls regulatory sandbox for advanced air mobility solutions
The civil aviation ministry is looking to have a regulatory sandbox for advanced air mobility solutions that will also help address urban congestion. Emphasising that the time for electric air mobility...
View Article“JNPA amongst top global ports and India’s largest port with 10+ million TEUs...
Union Minister of Ports, Shipping & Waterways, Shri Sarbananda Sonowal launched multiple projects worth nearly ₹2,000 crore in order to expand capacity at the Jawaharlal Nehru Port, Mumbai, today....
View ArticleONE launches India rail and sea solution for Kolkata & Haldia
Ocean Network Express (ONE) has launched a new gateway in the cities of Kolkata and Haldia, India. The Japanese shipping company noted that export/import cargo may be easily handled via Balmer Lawrie...
View ArticleTax breaks said to be among incentives for shipping sector
The government is considering a slew of incentives for domestic shipping including support for manufacturing vessels and tax breaks for operations in the sector. The ministry of ports, shipping, and...
View ArticleTrump’s ‘America First Trade Policy’ may lead to tariff threats for India
US President Donald Trump’s America First Trade Policy could translate into tariff threats for India which the government may counter through negotiations and with retaliation if needed, sources have...
View ArticleMormugao Port Authority makes fresh attempt at Berth 9 redevelopment
Mormugao Port Authority (MPA) is making a fresh attempt at redeveloping its idle Berth No. 9, with the hope that the berth, which was once meant for iron ore, can now be used for general cargo. MPA has...
View ArticleAboobakar appointed national president of INTUC’s Port and Dock Workers...
Aboobakar, a former trustee of the New Mangalore Port Trust (NMPT) and resident of Surathkal, Krishnapura, has been elected as the national president of the INTUC’s Port and Dock Workers Federation. He...
View ArticleCitrus Freight transforms India’s perishable exports with AI-driven reefer...
India, despite being a leading producer of agricultural and perishable goods, holds only a 2% share in the global market. Exporters encounter several obstacles, including high spoilage rates due to...
View ArticleCargo Terminal at Ahmedabad Airport likely to begin operations by mid-2025
A semi-automated cargo terminal at Sardar Vallabhbhai Patel International (SVPI) Airport in the city is likely to commence operations by the middle of this year. Phase one of the terminal, covering...
View ArticleUK freight sector calls on govt to supercharge rail freight growth
The UK freight sector recently called on the government to supercharge rail freight growth to help deliver the government’s national missions in its Plan for Change, including kickstarting economic...
View ArticleTrump 2.0 to impact tariffs and trade: Container xChange
The recent inauguration of Donald Trump as the 47th President of the United States on January 20, 2025 marks the beginning of a new chapter in global trade, according to the latest update from...
View ArticleOver-inflated retail inventories could contribute to deflating freight markets
Freight markets are expected to soften – not least because of high inventory levels. According to data from the US Census Bureau, retail inventories are on the rise. In fact, according to...
View ArticleUS trucking market recovery stays in reverse gear further into the year
The long-awaited recovery of the US trucking market is showing all the qualities of an elastic band. Despite some signals of improvement, notably a rise in tender rejection rates, the past year ended...
View ArticlePartnerships bolster Chicago Rockford air cargo volumes
New partnerships with cargo carriers helped Chicago Rockford International Airport (RFD) achieve a 1.5% year on year increase in cargo volumes in 2024. In 2024, 3.14bn pounds of landed weight travelled...
View ArticleUnited’s cargo revenue climbs 30% in fourth quarter
United Airlines’ cargo operating revenue was up nearly 30% year over year in the fourth quarter boosted by pharma shipments. In addition to announcing a 29.6% increase in cargo operating revenue for...
View ArticleSingapore Strait becoming a piracy hotspot again
The Singapore Strait is becoming a piracy hotspot once again. A Singapore-flagged bulk carrier was boarded by six individuals while transiting eastbound in the Philip Channel of the Singapore Strait in...
View ArticleChinese agribusinesses turn to container lines for grain shipments
Cosco Shipping Lines has been facilitating containerised transport of grain, to meet the needs of Chinese agribusinesses whose cargo volumes are not large enough for bulk carriers. According to China’s...
View ArticlePakistan’s direct shipping line to Europe launched, set to boost global trade
A major step forward in Pakistan’s maritime trade was marked with the launch of the India North Europe Express (INX) maritime service on Wednesday, establishing a direct shipping line between Pakistan...
View ArticleRussian oil tankers search for new flags to hide from sanctions
A chunk of Russia’s oil tanker fleet is being forced to change the flag they sail under as US and UK sanctions heap pressure on Moscow’s shipping network. The Barbados ship registry said that by the...
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