Share this article December 19, 2017: Maersk Trade Finance, part of Denmark-based A.P. Moller – Maersk and operating out of Denmark, has crossed the 100 th customer milestone in India. The digital platform with pre-shipment and post shipment credit facilities is changing the way its customers in…

Share this article December 19, 2017: A strong growth of 8.8 percent year-on-year has been registered in the air freight tonne kilometres (FTKs) in the three months ended October, the latest data from the International Air Transport Association (IATA) says. This comes while industry reports are…

Share this article December 18, 2017: Responding to the Trade Data for the month of November, 2017, showing a sharp increase of 31 percent, Ganesh Kumar Gupta, president, FIEO said that the global demand has surprised with its strength. The positive growth in exports in November, 2017 have been…

Share this article December 18, 2017: CMA CGM Group has recently launched ‘Serenity by CMA CGM’ - an innovative offering to deal with unforeseen events during freight transport. The new offering is part of CMA CGM’s ‘Customer Centricity’ strategy, said the company. It allows businesses shipping…

Share this article December 15, 2017: Qatar Airways Cargo has added the second Boeing 747-8 freighter to its expanding fleet. The freighter is part of the order, which the airline had placed with Boeing consisting two 747-8 freighters and four 777-300ERs (Extended Range), valued at $2.16 billion at…

Share this article December 14, 2017: With a turnover of Rs 1,100 crore and warehouses across 137 cities in India, Inland World Logistics aims to reach a turnover of Rs 5,000 crore in the next five years. With a focus to increase rail logistics and offer value chain to customers, the company is…

Share this article December 14, 2017: SpiceJet is launching six new additional frequencies to cater to the surge in demand owing to the upcoming holiday season. The new seasonal flights will be effective from December 22, 2017 and will continue till February 5, 2018. The airline will operate the new…

Share this article December 13, 2017 : AAI has signed a Memorandum of Understanding (MoU) with Government of Haryana for development of civil aviation infrastructure in the state especially for the creation of an international aviation hub in Hisar. The MoU was jointly signed by Ashok Sangwan,…

About Us Breaking News Magazine Subscribe Events Contact Us Home Aviation Shipping Logistics Railways Road Transportation Supply Chain Trade & E-commerce Blog Share this article December 13, 2017 : Civil aviation minister Ashok Gajapathi Raju recently inaugurated the upgraded terminal building at…

Share this article Dec 13, 2017 : IndoSpace is launching five new mega parks across the Delhi-NCR region, Mumbai and Bengaluru. Along with the recent expansion and development of its existing Ranjangaon park in Pune, these new parks will add around 10 million square feet of leasable logistics and…

Share this article December 12, 2017: Essar Vizag Terminal Ltd (EVTL) is taking a week-long shutdown ahead of the installation and commissioning of an 8,000 TPH (tonnes per hour) Ship Loader that forms a part of the company’s Rs 830-crore expansion plan to upgrade the iron ore handling capacity of…

Share this article December 11, 2017: FedEx Express has launched an interactive e-commerce delivery solution-FedEx Delivery Manager in India. The solution allows retailers to provide extra flexibility to their customers in India by allowing them to customize the timing and location of their…

Share this article December 11, 2017: Major ports in India have recorded a growth of 3.46 percent and together handled 439.66 million tonnes of cargo during the period April to November, 2017 as against 424.96 million tonnes handled during the corresponding period of previous year. For the period…

Share this article December 11, 2017: Jawaharlal Nehru Port Trust (JNPT) handled 3.9 lakh TEUs in the month of November 2017, while recording a growth of 5.76 percent in container handling for the period April to November 2017 as compared to same period last year. Of the four terminals at JNPT,…

Share this article December 8, 2017: The Jet Airways Group has reported a net profit of Rs 71 crores for the second quarter of FY’18 – its tenth successive profitable quarter, backed by growth in capacity, revenues as well as accompanying reduction in non-fuel costs. During the quarter, Jet Airways…

Share this article December 8, 2017: VO Chidambaranar Port Trust in Chennai created a new record for single day handling of cargo recently, when it handled 36,526 metric tonnes of thermal coal at the berth NCB-I from the vessel MV. Asian Champion. The previous single day record was 35,656 metric…

Share this article December 8, 2017: Ace Turtle, Asia’s leading omni-channel platform company has partnered with CEVA Logistics to manage global freight forwarding for international brands that Ace Turtle will power through its cross border solution in South East Asia. Ace Turtle, with its…

Share this article December 8, 2017: Turkish Airlines has received its first of the two 777 freighters from Boeing . The 777 Freighter, the world's longest-range twin-engine freighter, is based on the technologically advanced 777-200LR (Longer Range) passenger airplane and can fly 4,900 nautical…

Share this article December 7, 2017: India’s global containerized import-export recorded its highest growth in the past year, at a strong 10 percent in Q3 of 2017. As per a report by Maersk, this comes when India’s GDP is taking an upward turn once again, indicating that the impact of major reforms…

Share this article December 7, 2017: Delhi International Cargo Terminal (DICT) has flagged off a dedicated rake of 90 TEUs of rice shipments to Pipavav . DICT is strategically located in the rice belt of Sonepat, Panipat, Karnal, etc. to serve the rice exporters of the area, offering 24×7…

Share this article December 6, 2017: Welcoming the mid-term review of the Foreign Trade Policy, Ganesh Kumar Gupta, president, FIEO said that the 2 percent increase in the Merchandise Exports from India Scheme (MEIS) rates for labour intensive sectors such as leather, carpets, handicrafts, tools,…

Share this article December 6, 2017: The Rs 650-crore initial public offer of Future Supply Chain Solutions has been opened for subscription on December 6. The logistics arm of Kishore Biyani-led Future Group plans to issue up to 98 lakh equity shares at a price band of Rs 660-664 apiece. This comes…

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Share this article December 4, 2017: The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometres, or RPKs) rose 7.2 percent compared to the same month last year. Capacity grew 6.2 percent and…

Share this article December 4, 2017: Total and CMA CGM have signed an agreement covering the supply of around 300,000 tonnes of liquefied natural gas (LNG) a year, for 10 years starting in 2020. This unprecedented volume in the history of LNG bunker will fuel CMA CGM's nine new build container…

Share this article December 4, 2017: The government is said to have decided that the sale of Air India will involve its core aviation assets packaged with Air India Express and AI-SATS, The Economic Times has reported. Air India’s low-cost subsidiary Air India Express and AI-SATS, a groundhandling…

Share this article December 4, 2017: The first phase of Iran’s Chabahar port has opened for business, giving way to the new strategic transit route between Iran, India and Afghanistan, bypassing Pakistan. Iranian president Hassan Rouhani on Sunday inaugurated the newly-built extension of the port in…

Share this article December 2, 2017: Hamburg Süd will now onwards operate as part of A.P. Moller – Maersk. The two parties signed the agreement on November 30. Almost a year back in early December 2016, Maersk Line had announced its intention to acquire Hamburg Süd. A year later, the German-based…

Share this article December 2, 2017: Minister of state for aviation Jayant Sinha has stated that the government will not separate the domestic and international airline businesses of Air India to attract buyers for the national carrier. Earlier, IndiGo, which had expressed interest in acquiring Air…

Share this article December 1, 2017: Logistics company Delhivery has reported approximately 44 percent rise in total revenues to Rs 751 crore during FY17 in comparison to the previous year’s Rs 523 crore, thus showing a dip in losses marginally, according to the regulatory filings with the Ministry…

Share this article December 1, 2017: Air India has been tagged as the cleanest and least noise polluting airline among airlines operating out of Heathrow Airport. This has come out in a survey conducted by Heathrow Airport recently. Air India which operates Boeing 787 Dreamliners between India and…

Share this article 30 November, 2017: The Port of Hamburg is implementing a time slot-booking system for handling container delivery and collections by truck in its efforts to mitigate the impact of increasing mega-ship calls. Hamburg is the first port in Germany to implement such a system to…

Share this article November 29, 2017: Senior IAS officer Pradeep Singh Kharola has been roped in as the chairman and managing director of Air India. Kharola is replacing Rajiv Bansal, who had been serving as the interim CMD for a little over three months for the soon to be privatised Air India . The…

Share this article November 29, 2017: The cargo divisions of the Air France-KLM and Jet Airways have joined forces to further strengthen their existing cargo cooperation. Part of the larger "enhanced cooperation agreement", the Memorandum of Understanding (MoU) signed today in Mumbai, proposes to…

Share this article November 2 9 , 2017 – The Logistics Skill Council (LSC) has launched the first apprentice programme under the National Apprenticeship Promotion Scheme (NAPS) that will give a big boost by training three lakh youth in the next three years. “Apprenticeship training is considered to…

Share this article November 29, 2017: A delegation from the Federation of Freight Forwarders’ Associations in India (FFFAI), led by Chairman Ashish Pednekar recently met with Revenue Secretary Hasmukh Adhia. The delegation discussed on issues pertaining to zero tolerance of corruption, complete…

Share this article November 28, 2017: APM Terminals Inland Services Africa has signed a memorandum of understanding (MoU) with the government of Ghana, and the non-profit road safety organisation Amend to ensure port access roads and highways that will handle the inland transportation are safe and…

Share this article November 27, 2017: Maersk Global Service Centres India has inaugurated its new Centre of Excellence (CoE) in Bangalore. Located at Bhartiya City, the facility is expected to employ over 200 professionals over the next 12 months, who will bring innovations in the form of…

Share this article November 27, 2017: India’s 12 major ports have registered a surge of 3.26 percent in cargo traffic to 382.91 million tonnes (MT) from April-October in the current fiscal, as against 370.81 MT of cargo during the same period last year. As per data from the Indian Ports Association…

Share this article November 25, 2017: CMA CGM has reported a growth of 11.6 percent in the volumes carried in the third quarter as compared to the same period in 2016. During the period, CMA CGM carried close to 5 million containers, a record figure. The increase can be explained by the strong…