Share this article February 1, 2018: Finance Minister Arun Jaitley in his Union Budget 2018 speech announced that Rs 1.48 lakh crore has been allocated for railway capital expenditure for FY 2018-19. Most of this money will be spent on capacity expansion, since it is a priority for the national…

Share this article February 1, 2018: Finance Minister Arun Jaitley in his Union Budget 2018 speech has said that the government is aiming to expand airport capacity by 5 times to handle 1 billion trips a year. The Airport Authority of India currently operates a total of 124 airports, while there are…

Share this article February 1, 2018 : TCIEXPRESS’ Q3 and nine months reflect augmented growth revenue with a sustained rise to 22.53 percent and 16.13 percent respectively against the corresponding Q3 and nine months of previous year. EBIDTA for Q3 and nine months under review stands at Rs 24.66…

Share this article January 31, 2018: Reacting to the global trade development in the Economic Survey, which projects 4 percent growth in global trade in 2018, FIEO President GK Gupta said that such growth augur well for Indian exports as they have always been either above the curve or below the…

Share this article January 31, 2018: The International Air Transport Association (IATA) has released a full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0 percent. This was more than double the 3.6 percent annual growth…

Share this article January 31, 2018: Blue Dart Express posted Rs 45.49 crores profit after tax for the quarter ended December 31, 2017. Revenue from operations for the quarter stood at Rs 704.59 crores. Anil Khanna, managing director, Blue Dart said, "The industry has been fighting a tough battle…

Share this article January 31, 2018: Bangalore International Airport Limited (BIAL), operator of the Kempegowda International Airport, Bengaluru (BLR Airport), has announced its annual traffic figures for the year 2017 (January - December). By the end of 2017, BLR Airport clocked 25.04 million…

Share this article January 31, 2018: The CMA CGM Group has announced the creation of Ze Box, its first international startup incubator, based in Marseilles. Located in Le Castel building, it will cover a surface of 800 square metre and will house, starting June 2018, a dozen of startups coming from…

Share this article January 30, 2018: Malaysia Aviation Group (MAG) has announced the appointment of Ahmad Luqman Mohd Azmi as the new chief operations officer (COO) of Malaysia Airlines Berhad (MAB), effective 1 February 2018. The position was left vacant when then COO, Izham Ismail was appointed…

Share this article January 30, 2018: Snowman Logistics has inaugurated a new temperature-controlled warehousing facility at the Gateway Distriparks Logistics Park at Krishnapatnam, Andhra Pradesh. The facility has a capacity of 3,600 pallets in temperature control and an additional 10,000 square…

Share this article January 29, 2018: Bharat Mumbai Container Terminals has received its first container arriving by road during a gate opening ceremony officiated by Vivek Johri (IRS), Chief Commissioner Customs, Jawaharlal Nehru Customs House. The container will be loaded on CMA-CGM’s…

Share this article January 29, 2018 : Lokpriya Gopinath Bordoloi International Airport is set to get a New Integrated Terminal Building by 2021. The foundation stone for the building, which will be built at a cost of Rs 1, 232 crores, was laid by Union Minister for Civil Aviation Ashok Gajapathi…

Share this article January 27, 2018: The National Highways and Infrastructure Development Corporation (NHIDCL) under the Ministry of Road Transport & Highways has recently signed an MoU with IL&FS Transportation Networks for construction of the 14.150 kilometre long Zojila Tunnel in Jammu & Kashmir.…

Share this article January 25, 2018: India’s global trade prospects for the March quarter looks strong and bright, suggests the recently launched DHL Global Trade Barometer (DHL GBT). According to DHL, the Indian air and ocean freight remains strong owing to the high demand seen for commodities and…

Share this article January 25, 2018: The CMA CGM Group has announced the appointment of Rajesh Krishnamurthy as group senior vice president IT & Transformations, effective 12 th February 2018. Rajesh Krishnamurthy has previously served as the president - head of Europe and global head energy,…

Share this article January 24, 2018: Turkish Cargo recently transported 20 Humboldt Penguins, one of the eleven penguin species threatened with extinction, to the Public Oceanic Aquarium in China from the Riga Zoo. The air cargo carrier transported the penguins on a connecting flight via Istanbul.…

Share this article January 24, 2018: Logistics and pharma industry professionals recently participated in the PHARMACONNECT 2018, a pharma logistics conference, held in New Delhi. Dr. K Bangarurajan, Joint Drugs Controller of India and PK Gupta, chairman, Confederation of Indian Pharmaceutical…

Share this article January 24, 2018: Turkish Cargo has launched cargo flights to Miami, one of the most strategical cargo destinations in the United States and in the world on January 15th, 2018. Turkish Cargo has been using its Boeing 777-200F, the cargo aircraft it newly acquired in the past…

Share this article Indian air cargo has an appealing story to tell. The country’s air cargo segment grew in leaps and bounds in the past seven decades. From small units of shipments in the 1950s, India's air cargo sector has scaled to a level where it attracts more and more international cargo…

Share this article Indian logistics sector, with the backing of the government, is witnessing innovative advances in technology and massive investments. The tax reform and the infrastructure status are likely to bolster infrastructure development in the country. Shreya Bhattacharya Year 2017 has to…

Share this article January 23, 2018: Jochen Müller is the new Chief Operations Officer (COO) for Dachser’s Air & Sea Logistics business field. Müller, who replaces Thomas Reuter, took the charge on January 1, 2018. Reuter retired at the end of 2017, after spending 39 years at Dachser. Müller had…

Share this article January 23, 2018: Cargo Service Center (CSC) , in a joint venture with SATS, has been awarded a cargo handling concession for designing, developing, operating and managing the international cargo facilities at Chhatrapati Shivaji International Airport in Mumbai. The joint venture…

Share this article The seventh edition of Air Cargo India, the most popular international air freight industry exhibition and conference, will place India as the global destination for trade and commerce and will strategise how air logistics will position India in the top league. The much-awaited…

Share this article Bangalore has catapulted from a sleepy backwater to a world-class export hub all thanks to its start-up ecosystem, driven primarily by IT and ITES sectors. That apart, the manufacturing and perishables industry has also contributed to its growth. And Bengaluru’s Kempegowda…

Share this article The latest trends in technology are driving air cargo industry to make changes rapidly like never before. From Internet of Things (IoT) to Artificial Intelligence (AI), the air cargo supply chain is getting smarter with digital technologies. Venkatesh Pazhyanur forecasts the…

Share this article While India has scaled up 30 notches to enter the top 100 rankings on the World Bank’s ‘ease of doing business’ index, there is a long way for the country to go to match up with its global peers in terms of faster processing time for customs clearance for imports/exports. This was…

Share this article Industry 4.0 is the next big opportunity for Indian automotive industry to re-invent itself in terms of processes, technologies and value chain to deliver on Government’s ‘Make in India’ initiative. Accounting for 7.1 percent of country's GDP, the Indian auto industry is one of…

Share this article January 23, 2018: AirBridgeCargo Airlines (ABC) continued its momentum with a 13 percent upsurge in total cargo carried in 2017, delivering more than 700,000 tonnes throughout its international network and demonstrating 10 percent growth rates in FTK, one percent up on the overall…

Share this article January 22, 2018: Emirates SkyCargo, the freight division of Emirates, has stepped up its commitment to securely transport temperature sensitive pharmaceutical shipments with the introduction of pharma corridors offering additional protection across selected stations in its…

Share this article January 22, 2018: DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has moved two giant pandas from Chengdu, China to Ahtari, Finland via climate neutral transportation - the carbon emissions for the flight are offset through a climate…

Share this article January 22, 2018: DP World and India’s National Investment and Infrastructure Fund (NIIF) have announced the creation of an investment platform to invest in ports, terminals, transportation and logistics businesses in India. The platform will invest up to $3 billion of equity to…

Share this article January 22, 2018 , the world’s third largest international cargo carrier, joins Air Cargo India as Platinum Partner for the 7 th edition of the popular biennial global air cargo event. The 7 th edition of Air Cargo India, the international biennial air cargo exhibition and…

Share this article January 19, 2018: An airport ecosystem generates a large amount of solid waste both organic and inorganic due to thousands of people, including passengers, concessionaires, cargo handlers, etc. who operate in this space. If not dealt with adequately, this waste could pose a…

Share this article January 19, 2018: A new record 4.1 billion passengers were carried by the aviation industry on scheduled services in 2017, according to the

Share this article January 18, 2018: Dubai-based Emirates Airline has signed a Memorandum of Understanding (MoU) to acquire up to 36 additional A380 aircraft. The agreement was signed at the airline’s headquarters in Dubai by Sheikh Ahmed bin Saeed Al Maktoum, chairman and chief executive, Emirates…

Share this article January 18, 2018: The first edition of ‘Aerospace and Defence MRO South Asia Summit 2018’ which was inaugurated in New Delhi attracted major industry players of the MRO industry. The two-day conference themed as ‘ Make in India- MRO Makes it Happen’ was held at the Taj Mahal…

Share this article January 18, 2018: The government has recently entrusted the task of integrated development of logistics sector in the country to the Department of Commerce. To fulfil this a MoU with Confederation of Indian Industry has been signed in the presence of the Minister for Commerce and…

Share this article January 18, 2018: Federation of Freight Forwarders’ Associations in India (FFFAI), which is the apex body of 28 customs clearance and freight forwarders associations from across the country will be hosting the first international logistics congress- ‘FIATA World Congress 2018’…

Share this article January 17, 2018: Mark Whitehead, chief executive of Hong Kong Air Cargo Terminals Limited (Hactl) will retire on March 7 th after nearly 8 years at the helm. Whitehead’s place will be taken by Wilson Kwong. Kwong is currently the chief executive of Jardine Engineering Corporation…

Share this article January 17, 2018: R.E. Rogers India, a leading Indian exhibition logistics giant, has named Sudhir Dhavan as the new CEO of the organisation. Dhavan has been with R.E. Rogers India for 10 years and has built and headed the sales and operations teams comprising dedicated officers.…