By: Our Correspondent Share this article October 22, 2019: The port of Rotterdam handled 112.4 million tonnes of freight and a total of 353.5 million tonnes transhipment during the third quarter of 2019 despite the continuing trade rifts and the ambiguity on the new trade tariffs after Brexit.…

By: Our Correspondent Share this article October 21, 2019: Bharat Mumbai Container Terminals (BMCT) at Jawaharlal Nehru Port Trust (JNPT) handled its one-millionth twenty-foot equivalent unit (TEU) on October 18, just over 20 months since it commenced the operations in February 2018. Operated by…

By: Our Correspondent Share this article October 21, 2019: The CMA CGM Group today announced the launch of ‘Shipfin Trade Finance’, a new range of financing services based on two initial products, Supply Chain Financing and Cargo Financing, dedicated respectively to importing and exporting…

By: Our Correspondent Share this article October 21, 2019: Logistics tech startup Fareye launched a machine learning algorithm that self-learns the ‘correct’ address by analyzing historical data and geocodes customer locations to boost address accuracy for e-commerce. Particularly focusing on the…

By: Our Correspondent Share this article October 21, 2019: Connectivity and sensors tech provider, TE Connectivity, will be featuring its new ‘TE RSTI 68 surge arrester’ which is designed to be mounted directly on the transformer at the International Railway Equipment Exhibition (IREE) on October…

By: Our Correspondent Share this article October 21, 2019: Shell Bitumen on Saturday announced that they have incorporated a 50-50 joint venture with Tiki Tar Industries to form Tiki Tar and Shell India Pvt Ltd to sell bitumen in the Indian pavement sector. The company will supply and market an…

By: Our Correspondent Share this article October 18, 2019: Logistics-tech unicorn, Rivigo, has today announced a shift in their focus of business from freight marketplace to Relay-as-a-Service (RaaS). The shift to the relay trucking model that they have launched in August 2019 is explained as to…

By: Our Correspondent Share this article 18 October, 2019: CEVA Logistics today announced the appointment of Niels van Namen as the global head of its healthcare business development. Niels van Namen has an extensive track record in the sector with more than 20 years of experience in healthcare and…

By: Our Correspondent Share this article October 18, 2019: Coursera, the world’s leading online learning platform, will soon have two Indian Institute of Management Calcutta courses in its catalogue including ‘Supply Chain Analytics’ for the global audience. While the second one is on ‘Management…

By: Our Correspondent Share this article October 18, 2019: K T Rama Rao, minister of IT & Industries, Telangana inaugurated ‘HMDA ANCON Logistics Park’ at Mangalapally situated along the Outer Ring Road (ORR) of Hyderabad on October 11, 2019. While the under-construction logistics park at Bata…

By: Our Correspondent Share this article October 18, 2019: Chinese cargo carrier, SF Airlines, on Thursday started its first cargo service to Delhi from Shenzhen, China (SZX-DEL). Earlier in September 2019, the cargo carrier completed its first intercontinental flight from Wuxi to Frankfurt-Hahn…

By: Our Correspondent Share this article October 17, 2019: Port of Rotterdam Authority has signed a Memorandum Of Understanding with the Maharashtra Maritime Board, appointed Broekman Logistics as the representative and will team up for the establishment of a maritime university in Gujarat. The port…

By: Our Correspondent Share this article October 17, 2019: Due to the rising interest of prominent players, the warehousing capacity of India is expected to touch 500 million square feet by 2030 compared to the current space or 170 million square feet, says the new CBRE survey. Survey of the real…

By: Our Correspondent Share this article October 16, 2019: E-commerce giant Flipkart is venturing into the retail business of grocery with the newly registered ‘Flipkart Farmermart’. The Walmart-owned company will be up against Amazon, Big Basket and Grofers who have already set their foot in this…

By: Our Correspondent Share this article October 16, 2019: A host of new start-ups are disrupting the ecosystem of road logistics by organising the unorganised, historically under-served truck-owner community and meeting their existing and new needs, says the new Deloitte report. ‘A time of…

By: Our Correspondent Share this article October 16, 2019: Sharad Kumar Saraf, president of Federation of Indian Export Organisations (FIEO) today asked for an immediate deliberation and drafting of the newly launched Remission of Duties or Taxes on Export Products (RoDTEP) scheme for boosting the…

By: Our Correspondent Share this article October 16, 2019: Pradeep Singh Kharola, secretary to the ministry of civil aviation, on Tuesday inaugurated the International Civil Aviation Organization’s (ICAO) Performance-Based Navigation (PBN) workshop for air traffic control officers (ATCOs) in New…

By: Our Correspondent Share this article October 16, 2019: Express service provider DHL Express is offering a discount of 40 percent on shipments from India ahead of the Diwali festival. The offer is valid until October 31. Customers can use the discount to send special Diwali sweets and snacks,…

By: Our Correspondent Share this article October 15, 2019: Envirotainer today announced that they are upgrading their network by adding Hyderabad to the list of stations that provide a local release and return. The secure cold chain solutions provider for air transport of pharmaceuticals will have…

By: Our Correspondent Share this article October 15, 2019: Avia Solutions Group has completed the acquisition of 100 per cent of the shareholding in the UK-headquartered Chapman Freeborn Group. Chapman Freeborn’s areas of expertise in arranging the delivery of time-critical shipments, heavy and…

By: Our Correspondent Share this article October 15, 2019: India’s civil aviation minister, Hardeep Singh Puri has appreciated the efforts of STAT Times in organising the 3rd Aerospace & Defence MRO South Asia summit. The summit which will take place in New Delhi on February 6-7, 2020, according to…

By: Our Correspondent Share this article October 15, 2019: Turkish Cargo has inducted the sixth Boeing-777 Freighter, capable of carrying 102 tonnes, into its fleet. The Boeing-777 Freighter, which took off from Everett Paine Airport (Seattle/USA) and landed at Ataturk Airport earlier this month,…

By: Our Correspondent Share this article October 14, 2019: Dubai Customs on October 13 introduced the World Logistics Passport as the first phase of Dubai Silk Road strategy to become the logistics hub for the world. The passport will offer operational and financial privileges to businesses and…

By: Our Correspondent Share this article October 14, 2019: Saudi Arabia has launched the Al Khomra Logistics Zone Jeddah, and offered it to the private sector for investment. Through the zone, Saudi Arabia hopes to strengthen strategic partnerships with the private sector; open new horizons for…

By: Our Correspondent Share this article October 14, 2019: GMR Hyderabad Airport Cargo has started operations of the Hyderabad Cargo Charter Circle (HC3) in a move to develop Hyderabad as an "air charter hub". The dedicated platform was launched for facilitating the Cargo Charter Operators via…

By: Blessy Chettiar Share this article October 12, 2019: Global trade enabler DP World has taken a step towards digital transformation of the logistics sector with the launch of Log-X, a national technology accelerator platform for logistics. Launched on October 11 in Mumbai, Log-X aims to catalyse…

By: Our Correspondent Share this article October 11, 2019: Parcel shipment volumes have increased steadily from India since 2013 to 2.5 billion, with CAGR of 25 percent and year-over-year growth of 21 percent, the third-highest rate of volume growth after China and Brazil, according to the Pitney…

By: Our Correspondent Share this article October 11, 2019: DACHSER has appointed long-standing managing director of the Asia Pacific region Edoardo Podestá as COO of Air & Sea Logistics, replacing Jochen Müller with immediate effect. Müller and DACHSER have mutually agreed not to extend his contract…

By: Our Correspondent Share this article October 11, 2019: With the combination blockchain and Artificial Intelligence (AI), IBM has introduced a new software to build a global supply chain with reduced cost and lesser complexities. The open-to-developers, self-correcting and intelligent ‘IBM…

By: Our Correspondent Share this article October 11, 2019: Credit rating agency ICRA Research has forecast a stable outlook for the domestic logistics sector, which it said would grow at 8-10 percent over the medium term. The festive season and anticipated revival in infrastructure spending post…

By: Our Correspondent Share this article October 10, 2019: Material handling solutions supplier Lödige Industries unveiled its new automated guided vehicle (AGV) for the transportation of airfreight Unit Load Devices (ULD) at the ‘Inter Airport Europe 2019’ trade show in Munich. The driverless,…

By: Our Correspondent Share this article October 10, 2019: Thai Smile Airways is set to expand its reach in the Indian market by launching direct flights between Ahmedabad and Bangkok. The airline will connect Ahmedabad, its seventh destination in India, four times a week. The inaugural flight will…

By: Our Correspondent Share this article October 10, 2019: Port of Hamburg will become the first port in Europe to offer shore-based power supply both for cruise liners and mega-containerships from 2023. Hamburg’s state government has approved a large-scale expansion of shore-based power supply in…

By: Our Correspondent Share this article October 10, 2019: Vishal Pillai has taken over as the regional cargo services manager for South Asia, Middle East and Africa of Hong Kong-based airline Cathay Pacific Airways. Pillai will be responsible for the business of Cathay Pacific Cargo, handling the…

By: Our Correspondent Share this article October 10, 2019: In her first speech as the managing director of International Monetary Fund (IMF) after taking charge on October 1, Kristalina Georgieva warned that if the current trade war between Washington and Beijing continues, the world will face a…

By: Our Correspondent Share this article October 8, 2019: The Indian Ports Association has revealed that the country's top-12 major ports handled 348.44 million tonnes (MT) in the April-September period of the current financial year, recording a marginal 1.48 percent upswing. The 12 ports had…

By: Our Correspondent Share this article October 7, 2019: With an emphasis on opening its doors for increased connectivity between the northeastern Indian states and Bangladesh, prime minister Narendra Modi signed seven MoUs/agreements and inaugurated three projects along with his Bangladeshi…

By: Our Correspondent Share this article October 7, 2019: The world’s largest medical drone service, Zipline International, will soon have its fixed-wing drones flying throughout Telangana as the state government has adopted a new framework on the last-mile delivery of blood, vaccines and…

By: Our Correspondent Share this article October 7, 2019: Total Cargo Management (TCM) expert Robert Van de Weg has joined ECS Group as chief commercial officer (CCO). “We’re no longer simply a GSSA. ECS Group represents the future of our industry – reinventing it and driving it forward,” said…

By: Our Correspondent Share this article September 30, 2019: Private airport company GMR Infrastructure has partnered with low-cost carrier Thai AirAsia for the expansion project of the U-Tapao airport in Thailand. GMR Infra is part of a consortium to bid for the $2 billion expansion project. The…