Air Logistics Group celebrates 20 years of service in India
On 14th June 2024, Air Logistics Group celebrates the significant achievement of 20 years of providing GSSA solutions in India. In June 2004, Air Logistics Group’s strategy to open in India became a...
View ArticleMahindra & Mahindra to launch seven new LCVs by 2030
Mahindra & Mahindra (M&M) plans to significantly expand its light commercial vehicle (LCV) portfolio, aiming to launch seven new models by 2030. This initiative focuses on the underserved...
View ArticleKanchanjunga express accident: 9 killed, 41 injured, says railway ministry
Seven passengers and two railway staffers were killed and 41 more injured in the Kanchanjunga Express accident in West Bengal’s Darjeeling district on Monday, according to figures released by the...
View ArticleLogistics industry hope for consistency in growth policy, continued infra...
With India awaiting the announcement of the date for the presentation of the Union Budget 2024 by Finance Minister Nirmala Sitharaman, the logistics industry is expecting consistency in policy,...
View ArticleNew Delhi railway station multi-modal transport hub contract takes off
As a notable milestone in the success story of Station Redevelopment of Indian Railways, RLDA awarded the contract for Multi-Modal Transport Hub (MMTH) on Paharganj side, a vital component of New Delhi...
View ArticleAdani Ports wins green nod for Rs 45,000 crore Mundra expansion: Report
Adani Ports & Special Economic Zone (APSEZ) has bagged a key environmental and coastal regulation zone approval to more than double the capacity of Mundra port at an investment of Rs 45,000 crore,...
View ArticleCargo handling at India’s major ports up 6% to 72 million tonnes in May
Cargo handling at India’s major ports was up by 6 per cent in May to 72 million tonnes (mt), buoyed by a 7.3 per cent rise in overseas cargo handling, even as several global factors have constrained...
View ArticlePorts, Shipping & Waterways | Expanding the ocean of opportunities
The ports, shipping and waterways ministry plays a crucial role in strengthening the country’s domestic and external trade and commerce. Nearly 95 per cent of India’s overseas trade by volume is...
View ArticleShipping Corporation’s fleet health loaded against a sale
Privatising Shipping Corporation of India Ltd (SCI) is increasingly looking a difficult task for the government to accomplish as the core shipping fleet after the demerger reveals that the assets are...
View ArticleHapag-Lloyd announces updates on India Ocean Service
German container line Hapag-Lloyd has decided to change the port rotation of its Indian Ocean Service (IOS). The Hamburg-based ocean carrier’s service will now have the following port rotation: Jebel...
View ArticleCMA CGM to update its IEX 2 service
CMA CGM is pleased to announce that the India East Coast Express (IEX 2) connecting Asia to South East India and Sri Lanka, will begin its operations with the vessel HANSA HOMBURG, ETD Singapore on...
View ArticleDeendayal Port Kandla successfully handled of 30 million metric tonnes of...
DPA has successfully surpassed the handling of 30 million metric tonnes (MMT) of cargo in 1st quarter itself. This significant milestone not only marks the fastest handling of 30 MMT of cargo in our...
View ArticleUS Cotton Council seeks removal of 11% import duty In India
The US industry body Cotton Council International on Tuesday asked the government to remove 11% import duty on short staple cotton, in a bid to bring down its prices for the benefit of the Indian...
View ArticleIndia set to import avocados from Brazil
India is set to import avocados from Brazil for the first time, aiming to address the high prices of the fruit in the domestic market, which range from ₹100 to ₹2,000 per kilogram depending on the...
View ArticleUnusual surge in silver imports from UAE to India flagged
In a major development, silver imports from the United Arab Emirates (UAE) to India surged nearly 60 times during the last financial year. This dramatic increase has raised eyebrows, given that the UAE...
View ArticleAmid Red Sea crisis, exporters opting for high-cost air cargo
Amid the crisis in the Red Sea, many of exporters in the region are opting for air cargo despite higher freights cost to meet their obligation in a timely manner. According to insiders, exporters of...
View ArticleChallenge Group will rethink India plan if B777 deal fails
Challenge Group sounds increasingly frustrated with its attempts to buy 777s for conversion from India’s Jet Airways. Challenge subsidiary Ace Aviation has filed a complaint with a tribunal court in...
View ArticleFrom e-commerce to quick commerce: 3PL firms adapt to market demands
The skyrocketing demand from platforms like Swiggy Instamart, Blinkit, and Zepto – promising lightning-fast deliveries – is now making traditional e-commerce fulfillment companies like Delhivery and...
View ArticleCMA CGM to strengthen ISC-US East Coast connection
CMA CGM announced the launch of a renewed INDAMEX shipping line to meet high demand between the Indian Subcontinent and/to all main U.S. East Coast ports. The INDAMEX will have a round trip rotation...
View ArticleAdani Ports tops global peers in market value as cargoes surge
Adani Ports & Special Economic Zone Ltd.’s market capitalization has climbed to about $37 billion, overtaking peer Beijing-Shanghai High-Speed Railway Co. Rising cargoes and entry into India’s...
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