By: Our Correspondent Share this article February 19, 2020: Even as the Novel Coronavirus killed more than 2000 and infected close to 75,000 people in China, the cargo handle of the Dubai based airline, Emirates SkyCargo reported strong demand for import and export in the Chinese market. “As China…

By: Our Correspondent Share this article February 19, 2020: The end-to-end supply chain management services company, TVS Supply Chain Solutions announced the appointment of Ravi Viswanathan as the new joint managing director, from February 14, 2020, and also as the chief executive officer of the TVS…

By: Our Correspondent Share this article February 19, 2020: The national airline of the United Arab Emirates, Etihad Airways celebrated 15-years of flying to India. The airline began operations in India in September 2004 and it has grown to become its second-largest market after the UAE, carrying…

By: Our Correspondent Share this article February 18, 2020: The Container Corporation of India (Concor) is all set to start its international operations by transporting goods in the 1400 kilometres from Vishakhapatnam in Andhra Pradesh to Chittagong in Bangladesh by the last week of February 2020.…

By: Our Correspondent Share this article February 18, 2020: Under the 2020 edition of the start-up incubation platform 'E4 programme' of Shell India, the company announced the launch of ‘Scale Track’ with 10 selected start-ups. James Unterreiner, general manager, Shell E4 Startup Hub said “We…

By: Our Correspondent Share this article February 18, 2020: The global shipping and logistics company, CMA CGM Group, in the first week of February announced its collaboration with the Energy Observer, a former race boat to embark on a round-the-world voyage. Read three reasons why CMA CGM is…

By: Our Correspondent Share this article February 17, 2020: To help manufacturers who are opting to sell directly, Snapdeal opened 15 new warehousing centres at industrial hubs located across ten metro cities Ahmedabad, Surat, Jaipur, Indore, Hyderabad, Panipat, Gurugram, Mumbai, Bengaluru and New…

By: Our Correspondent Share this article February 17, 2020: APM Terminals Pipavav (Gujarat Pipavav Port) hosted spices and Psyllium [Isabgol] customers in Unjha in January for a trade meeting. The APM Terminals Pipavav team welcomed the briefed customers how the Port can facilitate the Spice trade.…

By: Our Correspondent Share this article February 17, 2020: The freight solutions company, Tiger Logistics India, registered 56 percent decline in profits to Rs 204.82 lakh during the nine months of April - December in 2019 from Rs 473.43 lakh in the same period of 2018. Meanwhile, the BSE listed…

By: Our Correspondent Share this article February 14, 2020: Airports Authority of India (AAI) signed three concession agreements with Airports Adani Enterprise for operations, management and development of Ahmedabad, Lucknow and Mangaluru airports through PPP mode. Airports Adani Enterprise is…

By: Our Correspondent Share this article February 14, 2020: Allcargo Logistics announced its unaudited financial results for the quarter and nine months ended December 31, 2019, with 7.1 percent profit and 5.9 percent revenue growth. 2019 in numbers The total revenue stood at Rs 5475 crore for nine…

By: Our Correspondent Share this article February 14, 2020: The International Air Cargo Association (TIACA) announced the launch of a new event series: 4Cargo conferences and workshops, designed for subject matter experts and thought leaders in specialized cargo domains such as airports,…

By: Our Correspondent Share this article February 13, 2020: Real estate consulting firm, CBRE South Asia, today released it’s India warehousing market report which registered a leasing activity of 33 million square feet, an annual increase of more than 30 percent in 2019. Jasmine Singh, nation head…

By: Our Correspondent Share this article February 13, 2020: Mansukh Mandaviya, minster for shipping, informed on Wednesday that the cabinet chaired by Prime Minister Narendra Modi approved the new ‘Major Port Authority Bill 2020’ that will give independent decision making power to all 12 major ports…

By: Our Correspondent Share this article February 12, 2020: Larsen & Toubro (L&T) is using the 3-D modelling softwares of Bentley Systems for the ongoing second phase construction of 128-kilometre rail between Rewari and Dadri of Western Dedicated Freight Corridor (WDFC) that pass through the…

By: Our Correspondent Share this article February 11, 2020: In its new survey report ‘ Agility Emerging Markets Logistics Index 2020 ’, the global logistics company reported that “India’s business fundamentals rank collapsed, dropping the market eight positions to 18th,” even though the country has…

By: Our Correspondent Share this article February 11, 2020: Sanjay K Agarwal, secretary - Transport, Government of Bihar informed the estimation that the increased use of inland waterways by businesses in the state to transport cargo could increase its GDP by 1.33 percent in the medium term. He was…

By: Our Correspondent Share this article February 11, 2020: FedEx Express India vice president for Operations Mohamad Sayegh said that small and medium enterprises (SMEs) are the growth engine of the Indian economy and it is important to connect them with the new solutions and possibilities. He was…

By: Our Correspondent Share this article February 11, 2020: Jawaharlal Nehru Port Trust (JNPT) chairman Sanjay Sethi IAS informed that the under-construction loading yard at JNPT for Dedicated Freight Corridor (DFC) will be open for business by June 2021. He was discussing the rail projects going on…

By: Our Correspondent Share this article February 10, 2020: Though with three cases reporting from Kerala, the penetration of Novel Coronavirus into the sub-continent is less when the death toll rising close to 1000 and infections around 40,000 in China, the impact of the outbreak on Indian…

By: Our Correspondent Share this article February 7, 2020: Keshav Chandra, Joint secretary- Logistics, Department of Commerce, Ministry of Commerce and Industry, informed that India will soon have technologies like customs managed by blockchain, goods traced from factory door to export terminals and…

By: Our Correspondent Share this article February 7, 2020: Prime Minister Narendra Modi in his Motion of Thanks for President's Address in Rajya Sabha informed that his government is focusing on developing modern infrastructure and road & rail connectivity in Tier-2 and Tier-3 cities as they are the…

By: Our Correspondent Share this article February 7, 2020: To improve service levels and operating efficiency, Indian Railways has been taken up an RFID project (Automatic Identification and Data Collection-AIDC) worth Rs 112.96 crore that aims to automatically track 3,50,000 vehicles as they move…

By: Our Correspondent Share this article February 6, 2020: Azerbaijan Airlines (AZAL), the flag carrier of Azerbaijan today launched its direct flight linking Baku to New Delhi. With the launch of this service, the flight will be departing from Terminal 3 of the Indira Gandhi International Airport.…

By: Our Correspondent Share this article February 06, 2020: The trucking start-up, Mavyn, signs contracts with FMCG giants- Britannia, Haldirams, Grofers and the German Kitchenware brand – Fackelmann to provide end to end truckload solutions. “Instead of spot pricing, the brands have signed a…

By: Our Correspondent Share this article February 6, 2020: The union cabinet, chaired by Prime Minister Narendra Modi, has given 'in-principle' approval with Rs 51000 crore investment for setting up a major port at Vadhavan in Maharashtra on February 5. The total cost of the construction of India’s…

By: Our Correspondent Share this article February 6, 2020: The International Air Transport Association (IATA) released full-year 2019 data for global air freight markets showing that demand, measured in freight tonne-kilometres (FTKs), fell by 3.3 percent compared to 2018 while capacity (AFTK) rose…

By: Our Correspondent Share this article February 4, 2020: Stocks of seven important transport companies rose on February 1 after Finance minister Nirmala Sitharaman presented the Union Budget 2020-21 by allocating Rs 1.7 lakh crore for building transport infrastructure. “IRCTC (up 3.97%), Rites (up…

By: Our Correspondent Share this article February 3, 2020: Finance minister Nirmala Sitharaman delivered her Union Budget 2020-21 speech on February 1 which received a negative response from investors as nations both equity benchmarks BSE and Nifty crashed over 2.5 percent. While BSE crashed around…

By: Our Correspondent Share this article February 4, 2020: Sharad Kumar Saraf, president, Federation of Indian Exporters Organisations, while commenting on the Union Budget 2020-21, said that initiatives to improve infrastructure and the proposed announcement of the new logistics policy will make…

By: Our Correspondent Share this article February 1, 2020: To help simplify international shipping for its small and medium business (SMB) customers in 116 countries, the global logistics player, UPS upgraded its website (ups.com) with insights into required forms for customs clearance and total…

By: Our Correspondent Share this article January 30, 2020: The transportation automation platform headquartered in Fremont, CA with its R&D offices in Mumbai, LogiNext solutions received an investment of $39mn from US-based marquee investors Tiger Global Management and Steadview Capital in January…

By: Our Correspondent Share this article January 28, 2020: ESR, the APAC focused logistics real estate platform, announced its plan to build a logistics park in ‘Sohna’ - Tehsil of South Gurugram that can boost last-mile delivery for e-commerce players in Delhi NCR region. The 76.84-acre warehouse…

By: Our Correspondent Share this article January 27, 2020: Hardeep Singh Puri, minister of civil aviation, in a press conference today informed that the government of India has released the Preliminary Information Memorandum (PIM) seeking Expression of Interest (EOI) from the interested bidders for…

By: Our Correspondent Share this article January 27, 2020: The freight-tech start-up FreightBro today announced the integration of Maersk Spot into its digital platform that allows to book and secure container space online and in real-time. With this integration, freight forwarders can now access…

By: Our Correspondent Share this article January 25, 2020: Sanjay Sethi, chairman, Jawaharlal Nehru Port Trust (JNPT) noted the importance of Indore market for the port at Navi Mumbai and exalted the connectivity between the two places in a knowledge session organized in the city today along with…

By: Our Correspondent Share this article January 25, 2020: While looking for potential investors at the annual meeting of the World Economic Forum at Davos, Madhya Pradesh chief minister Kamal Nath has presented as a state that will soon emerge as India's warehousing hub. “Since Madhya Pradesh is…

By: Our Correspondent Share this article January 24, 2020: Indian warehouse absorption in 2019 stood at 34 million square feet while vacancy less than 10 percent, according to a report released by the international property consulting firm Savills on India's industrial, warehousing and logistics…

By: Our Correspondent Share this article January 22, 2020: In a poll conducted by the global logistics company Agility and global research group Transport Intelligence, logistics executives continue to see US-China trade war as the top threat to global growth. The findings come just a week after…

By: Our Correspondent Share this article January 22, 2020: Minister of Railways and Commerce & Industry Piyush Goyal urged Dedicated Freight Corridor Corporation of India (DFCCIL) to achieve the target of 991 kilometres of Dedicated Freight Corridor (DFC) by March 2020. During the 14th Foundation…