Share this article April 8, 2019: India’s pace of growth looks set to remain the highest of the world’s largest economies despite a decrease in both air and ocean trade growth, according to data from the DHL Global Trade Barometer released by DHL. The DHL Global Trade Barometer, an early indicator…

Let’s face it; we are staring at a dystopian future. The world population is ballooning, there are nearly 7.7 billion people inhabiting planet Earth, and by no means is this number on a descending count, writes Bibop G Gresta, Co-Founder and Chairman, Hyperloop Transportation Technologies . World…

Share this article April 8, 2019: Over the last one decade, while e-tailing in India grew rapidly to become a $525 billion industry, its supplemental B2B e-commerce market failed to realize its full potential. Many B2B companies have begun building their own platforms to tap into this relatively…

Share this article April 8, 2019: India's 12 major ports recorded 2.90 per cent growth in cargo handling at 699.04 million tonnes (MT) in the just concluded fiscal, as per ports body IPA. The growth at these ports, that had handled 679.37 MT cargo in 2017-18, was driven mainly by higher handling of…

Share this article April 8, 2019: The Indian Railways chairman VK Yadav inaugurated the e-office (paperless) system in South Central Railways zone (SCR) and Guntur division, which was introduced by RailTel, a miniratna PSU under Ministry of Railways. The new system would provide a reliable,…

Share this article April 5, 2019: DHL Express, the world’s leading international express service provider, announced the launch of the ‘Yellow Yatra’ program – a multi-city series of events focused on equipping entrepreneurs from micro, small & medium enterprises (MSMEs) in different Indian cities…

Share this article April 5, 2019: Ganesh Kumar Gupta, president, FIEO along with DG & CEO and regional chairman (WR) met Kamal Nath, chief minister of Madhya Pradesh to discuss about exports potential of the state and attract exports centric FDI in pharma, auto components, machineries, textiles,…

Share this article April 5, 2019: Bahri, a leading player in logistics and transportation, recently hosted its customers and partners at a gala dinner held in Mumbai, underlining the company’s commitment to strengthening partnerships and enhancing customer satisfaction and shareholder value. More…

Share this article April 4, 2019: Demand for air freight in the global market, measured in freight tonne kilometers (FTKs), waned 4.7 percent in February 2019, compared to the same period in 2018, according to data released by The International Air Transport Association (IATA). This was the fourth…

Share this article April 4, 2019: National Investment and Infrastructure Fund (NIIF) of India and European highway concession manager Roadis have announced the creation of a platform that will invest up to USD 2 billion in highways projects in India. With 710 km of highways under ownership and…

Share this article April 3, 2019: Vamaship and PikMyBox formally announced a partnership to promote e-commerce exports through India Post starting April 2019 onwards. This strategic tie-up will stimulate the growth of Indian e-commerce exporters by providing them with both export documentation as…

Share this article April 3, 2019: CEVA Logistics has further extended its highway to the west road service between China and Europe following on from its first ever TIR truck to Poland at the end of last year. This week, the company marked a new milestone with its first ever truck from China…

Share this article April 3, 2019: Accutime, an integrated transportation service provider, has launched a long haul 'direct to destination Less-Than-Truckload (LTL) service between Mumbai and Kolkata. The company is offering a four-day delivery commitment between Mumbai and Kolkata against a normal…

Share this article April 3, 2019: SkyCell, the Swiss-based manufacturer of temperature-controlled containers for pharmaceuticals, and Air France KLM Martinair Cargo will expand their existing collaboration. Both companies have announced a global collaboration to work more closely together on…

Share this article April 2, 2019: Turkish Cargo will commence belly cargo operations in its passenger flights from the recently opened Istanbul Airport from April 6, 2019 onwards. The carrier's freighter operations will continue at the existing cargo terminal at Ataturk Airport until the completion…

Share this article April 2, 2019: Adani Logistics Limited (ALL) will acquire up to 100 per cent stake in Innovative B2B Logistics Solutions, an entity controlled by private equity firm True North, for Rs 331.5 crore. The transaction will be an all-cash deal and is expected to be completed by first…

Share this article April 2, 2019: Kuehne Nagel has been awarded a three-year logistics contract for an A380 refurbishment project with Singapore Airlines for 14 of its A380 aircraft. Under the agreement, Kuehne Nagel will provide the customer with end-to-end digital support and manages the material…

Share this article March 29, 2019: OceanMatch, the first data-informed ocean freight consolidation offering has been launched by digital freight forwarder Flexport. This platform identifies available container space on compatible shipments and matches them to save Flexport shippers time and money. A…

Share this article March 28, 2019: On March 27, Navayuga Container Terminal (NCT) handled 500,000 TEU for the first time in a Financial Year. This key milestone of half-millionth TEU was handled on vessel MV SSL Kutch. The NCT witnessed stellar volume growth of almost 9-fold increase in the 5-year…

Share this article March 26, 2019: AirBridgeCargo Airlines is adding more frequencies in Asia, as the region recorded an average 5 percent annual growth in the last five years and customers seek additional capacity and delivery solutions. The all-cargo airline informs, "As of the end of March, the…

Share this article March 26, 2019: Finding a sustainable solution to the turnaround of Jet Airways has been receiving the attention of all stakeholders to enable the airline to restore normalcy to its level of operations. As part of the proposed solution, the Board of Directors of Jet Airways…

Share this article March 25, 2019: Stellar Value chain solutions has appointed Sharon Thomas as the chief executive officer of the contract logistics business. Thomas took charge of the role last month. Thomas comes with 36 years of business transformation experience spanning key verticals of…

Share this article March 25, 2019: Logistics startup Delhivery has raised $413 million in its latest round of funding. The funding was led by Softbank, Fosun, and Carlyle Group. The startup, which marked its entry into the unicorn club earlier this month, now has a total fund raise to the tune of…

Share this article March 22, 2019: J. Florian Pfaff, currently Vice President Germany with Lufthansa Cargo, will move to Asia with effect from 1 June 2019. Based in Singapore, he will assume the role of vice president Asia Pacific. Pfaff will continue to report directly to Dorothea von Boxberg,…

Share this article March 22, 2019: Cathay Pacific Services Limited (CPSL), Cathay Pacific’s wholly-owned subsidiary, has become one of the first organisations to be awarded IATA CEIV Fresh certification, a globally-recognised perishable product handling accreditation. The certification, which was…

Share this article March 20, 2019: Robinsons Global Logistics Solutions (RGL), an integrated warehousing and distribution solutions company, recently launched its operations independently after being spun off from its 65 year old parent company Robinsons Cargo & Logistics (RCNL), with an aim to…

Share this article March 20, 2019: Avvashya CCI (ACCI), an Allcargo Logistics unit, has commenced operations at its first hi-tech food warehouse. Set up at the Indian plant of US-based Cargill at Kurkumbh near Pune, the technologically advanced warehouse will operate on the automatic storage and…

Share this article March 19, 2019: Frankfurt-based Lufthansa cargo airline has announced over €2.7 billion in revenue and a profit of €268 million (adjusted EBIT) in 2018, making it the company’s second-best result in its history. Year-on-year, revenue was up €189 million and profit €5 million.…

Share this article March 19, 2019: Air India Cargo recently acknowledged the contribution of freight forwarding agents, who have aided Air India Cargo exceed its target, during the All India Agency Award Function 2019 in Delhi. The event was timed to coincide with the Holi season and was aptly…

Share this article March 18, 2019: India's busiest container terminal, APM Terminals Mumbai, has set a new national record for handling largest volume exchange in a single port call - 11,026 TEUs recently. Working closely with the CMA CGM Group India operations team, APM Terminals Mumbai set a new…

Share this article March 18, 2019: FM Logistic, a leading international organisation from France, specialising in warehousing, transportation and co-packing, has announced its plans to invest $150 million over five years, as part of its strategy to grow in India. FM Logistic also announced the…

Share this article Mar 15, 2019: OceanPro, the first of its kind start-up accelerator within the shipping and logistics industry by Maersk, has announced the graduation of its first cohort of startups in Bangalore. Through OceanPro, Maersk is looking to propel and nurture innovation among start-ups…

As technology begins to take centerstage in global logistics, Nishith Rastogi, chief executive officer and founder of Locus.sh, reflects on the fascinating trends that will define logistics as much more than a support function. In earlier days, logistics was only thought of as a function restricted…

Share this article March 12, 2019: India joined late Tuesday a global ban on flying the Boeing 737 MAX plane after this week’s crash of this aircraft type in the African skies, increasing the likelihood of a further rise in domestic fares that remain high due to unrelated flight cancellations by…

Share this article March 14, 2019: Airbus India has launched an ambitious programme for women professionals who want to return to corporate careers after a sabbatical or maternity leave. ‘Fly Again’ was launched on March 8, the International Women’s Day, as part of Airbus India’s efforts to ensure…

Share this article Mar 12, 2019: According to an official statement, the Centre stated that it has approved two corridors of the Surat Metro project, which will be executed at an estimated cost of around Rs 12,000 crore. The ministry of housing and urban affairs said that the project will be…

Share this article Mar 12, 2019: The International Air Transport Association (IATA) at the 13th World Cargo Symposium held in Singapore has launched a new industry certification - the Center for Excellence for Perishable Logistics (CEIV Fresh), to improve the handling and the transport by air of…

Share this article Mar 12, 2019: At the ongoing International Air Transport Association (IATA) World Cargo Symposium in Singapore, governments and the air cargo industry came together to focus on three priorities to accommodate the expanding demand for air cargo and ensure the economic and social…

Share this article India’s cold chain logistics for pharma requires urgent attention if the country has to tap the full export potential. Stakeholders have to increase their accountability and improve their quality processes and streamline their operations to align with global standards. Shalini…

Share this article By 2022, the logistics sector is expected to employ more than 28.4 million employees from the current figures of 16.74 million. With logistics being a service oriented sector, skill development is emerging as a key capability. This makes it absolutely necessary for the government,…