Share this article January 17, 2018: A.P. Moller - Maersk and IBM are set to establish a joint venture to provide more efficient and secure methods for conducting global trade using blockchain technology. The aim of the new company will be to offer a jointly developed global trade digitisation…

Share this article January 16, 2018: In order to ensure that the ownership and effective management control of Air India stays with an Indian entity, the government is likely to scan the credentials of bidders for Air India thoroughly. The move is aimed at addressing concerns over day-today…

Share this article January 16, 2018: Airline IT solutions specialist IBS Software (IBS) has inked a multi-year contract with Lebanon’s flag carrier Middle East Airlines (MEA) to implement its iCargo solution to manage the cargo movement of the airlines world-wide. IBS’ widely acclaimed software was…

Share this article January 16, 2018: EXTRA MILE, a community investment project of Hong Kong International Airport (HKIA), has recently been launched. EXTRA MILE is spearheaded by the Airport Authority Hong Kong (AA); and through collaboration with HKIA’s business partners, NGOs and neighbouring…

Share this article January 16, 2018: Reacting to the trade data for the month of December, 2017, FIEO president Ganesh Kumar Gupta said that the positive growth for second month in a row, after a fall in October 2017, shows resilience of the Indian exporters. “Since we have already achieved exports…

Share this article January 15, 2018: Temasek, a Singapore headquartered investment company, and Kuehne + Nagel, a leading global logistics group, signed a Memorandum of Understanding to establish a joint venture to invest globally in early stage companies developing cutting-edge technology for…

Share this article January 15, 2018: Celebi has launched its operations in Cochin International Airport with the provision of handling services to Air Asia Thai flight recently. Celebi, Air Asia Berhad and Air Asia Thai signed a three years ground handling agreement. Cochin is the fourth…

Share this article January 15, 2018: Gurugram based logistics startup Rivigo has reportedly closed a $50-million funding round. The company raised the funding from two of its existing investors, marquee private equity firm Warburg Pincus and sectoragnostic investment firm SAIF Partners, The Economic…

Share this article January 12, 2017: In a major digital initiative to help plan the traffic flows and optimize freight operations, Ministry of Railways have launched Smart Freight Operation Optimisation & Real Time Information (SFOORTI) Application for freight managers which provides features for…

Share this article January 11, 2017: The Union cabinet has liberalised and simplified the Foreign Direct Investment (FDI) regime, allowing foreign airlines to invest up to 49 percent in Air India, and opening up 100 percent FDI in single-brand retail under the automatic route. As per the existing…

Share this article January 11, 2017: The Ministry of Road Transport and Highways has signed a MoU with Transport for London (TFL) in New Delhi. The MoU is aimed at using the expertise of TFL to revamp the public transport architecture in the country. TFL is the agency that manages the transport…

Share this article January 11, 2018: Cochin Shipyard Limited (CSL) signed an MoU with Mumbai Port Trust (MbPT) for management and operation of the Ship repair facilities at Mumbai Port trust. As per the terms of the MoU, MbPT and CSL are to associate with each other for utilizing the Indira Dock…

Share this article January 10, 2018: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), climbed 8.8 percent in November 2017 compared to the year-earlier period. This is an increase from…

Share this article January 10, 2017: Gujarat has been ranked the highest in the logistics index chart, an indicator of the efficiency of logistical services, the Commerce Ministry has informed. According to the report by the Commerce Ministry – LEADS (Logistics Ease Across Different States),…

Share this article January 10, 2018: Emirates SkyCargo , the freight division of Emirates, has reported a year of strong growth in 2017. The air cargo carrier said that it introduced specialised customer focused air transportation solutions across a number of industry verticals and invested in…

Share this article January 9, 2017: Indian Railways has decided to deploy drone cameras (UAV/NETRA) for various railway activities especially project monitoring and maintenance of tracks and other railway infrastructure, the railway ministry has informed. The zonal railways have been directed to…

Share this article January 8, 2018 : GreyOrange has announced that it will kick off the year 2018 with 10 key industry partners for their new automation projects in Asia, Europe and the Americas. These key players are regional and local specialists in warehouse technologies and end-to-end automation…

Share this article January 8, 2018: The major ports in India have recorded a growth of 3.64 percent and together handled 499.41 million tonnes of cargo during the period April to December, 2017 as against 481.87 million tonnes handled during the corresponding period of previous year. For the period…

Share this article January 8, 2018: Essar Ports Limited (EPL) has said that its investment of over Rs 2,800 crore in its Salaya and Vizag terminal projects has the potential to increase the company’s revenues by 30 percent in FY2018-19 on the back of third-party cargo growth. Rajiv Agarwal, CEO,…

Share this article January 8, 2018 : IBS Software, one of the leading provider of new-generation IT solutions to the global travel, transportation and logistics industry, announced the appointment of Anand Krishnan as its Chief Executive Officer. Reporting to IBS Group Executive Chairman V K…

Share this article January 8, 2018: Vistara has announced the addition of Chennai to its network, making it the 22 nd destination on the airline’s network. Effective February 15, 2018, Vistara will operate a daily direct flight between Delhi and Chennai, and increase the frequency to twice daily…

Share this article January 6, 2018 : The Adani Ennore Container Terminal at Kamarajar Port has commenced operations with berthing of the vessel ‘MV SSL Kochi’. The weekly service will operate with four vessels, three from the first partner - Shreyas Shipping & Logistics Ltd and one from Shipping…

Share this article January 5 , 2018 : Netaji Subhas Chandra Bose International Airport, Kolkata has started the implementation of CAT III-B Instrument Landing System that will allow flights to operate till the visibility drops below 50 meters. With introduction of this facility at Runway 01R, both…

Share this article January 4, 2018: Flipkart, in a bid to further boost its delivery and warehousing capabilities, has invested approximately Rs 1,632 crore into its logistics arm Ekart. As per its regulatory filings with the Ministry of Corporate Affairs, the online retailer infused the amount in…

Share this article January 4, 2018: To disseminate aeronautical information to all airlines, airports and other users of Indian airspace, Dr. Guruprasad Mohapatra, chairman, Airports Authority of India recently launched the web portal named ‘AIM-India’. The web portal provides dynamically managed…

Share this article January 3, 2018: DP World ’s Indian subcontinent region has recently set an industry benchmark for being the first container port operator in India to successfully handle more than 50 million TEU, across its terminals. DP World commenced the terminal operation in India in 1999…

Share this article January 3, 2018: Maersk Line , the global containerized division of the Maersk Group, at a recently concluded trade meeting in Kathmandu, Nepal, announced its intent to push for acceleration in trade in the country. The Nepal import market doubled in the past 5 years and Maersk…

Share this article December 29, 2017: Airbus has finalised agreements with Indigo Partners and its four portfolio airlines for the purchase of 430 additional A320neo Family aircraft for ultra-low-cost airlines Frontier Airlines (United States), JetSMART (Chile), Volaris (Mexico) and Wizz Air…

Share this article December 28, 2017: The first aircraft carrying perishables has arrived at the Mumbai Airport from Kabul, Afghanistan, after a dedicated air freight corridor was inaugurated between the two cities. This was planned during a meeting between Indian Prime Minister Narendra Modi and…

Share this article December 28, 2017: Union Minister of Shipping Nitin Gadkari will flag off the first movement of cement cargo through National Waterway (NW) 2 on River Brahmaputra in Assam tomorrow, under the Shipping Ministry’s flagship programme Sagarmala . He will also lay the foundation stone…

Share this article December 27, 2017: India’s Minister of State for Defence – Dr. Subhash Bhamre has consented to inaugurate “Aerospace and Defence MRO South Asia Summit” in New Delhi on 18 January 2018. “The Government’s decision to outsource the MRO requirements in the Defence sector to private…

Share this article December 23, 2017: The Directorate General of Civil Aviation or the DGCA has granted Air Deccan the flying permit to operate under the UDAN scheme. According to media reports, the scheduled commuter operator (SCO) permit to Air Deccan, which is promoted by GR Gopinath, has been…

Share this article December 26, 2017: The Directorate General of Civil Aviation (DGCA) has permitted the Hindustan Aeronautics Ltd (HAL)-manufactured 19-seater Dornier 228 to be used for civilian flights. This would be the first made in India plane to be used for commercial flights. So far, the…

Share this article December 22, 2017: The National Highways Authority of India has created a National Highways Investment Promotion Cell (NHIPC) for attracting domestic and foreign investment for highways projects. The cell will focus on engaging with global institution investors, construction…

Share this article December 21, 2017: Maersk Line has announced key offerings for Kerala, aimed at enabling and facilitating trade. These offerings will ensure easy access to Maersk team round the clock, consistent supply of equipments for dry and reefer cargo, Remote Container Management and easy…

Share this article December 19, 2017: CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced that on December 18 the company delivered two new Airbus A320neo aircraft to India-based, low-cost carrier GoAir. The two aircraft…

Share this article December 21, 2017: The Agricultural and Processed Food Exports Development Authority (APEDA) is sensitizing exporters to source fresh agro produce from Uttar Pradesh for export to various markets. Necessary tie up with importers has also been facilitated by APEDA. With the efforts…

Share this article December 20, 2017: TempoGO has bagged the top position in the international startup competition held by Singapore-based investment platform Startup-O. TempoGO—an IoT and SaaS fleet management platform for the transportation sector—won against 59 ventures participating from 11…

Share this article December 20, 2017: Safmarine , a major container carrier has achieved a milestone by successfully loading 53x40 flat bed containers as Out of Gauge (OOG cargo) in a single shipment from India to Intra-Gulf region in December. This was the consignment of buses loaded by Safmarine…

Share this article December 19, 2017 : DMICDC Logistics Data Services (DLDS), a joint venture between Government of India represented by National Industrial Corridor Development and Implementation Trust (NICDIT) and Japanese IT major NEC Corporation, has announced the launch of the Pan-India…