July 20, 2017: The international freight forwarding and logistics company Panalpina recorded robust volume growth in both air and ocean freight in the first half-year of 2017. While higher freight rates and margin pressure weighed on the market environment, Panalpina increased its reported EBIT from…

July 17, 2017: Antonov Airlines has appointed Flywell Aviation as its General Sales Agent (GSA) in India, as part of its ongoing global growth programme. New Delhi-headquartered Flywell Aviation has offices in Mumbai and Bangalore, and provides services to the defence, aerospace, oil and gas, rail…

July 17, 2017: Swami Vivekananda Airport, Raipur, Chhattisgarh, has topped the charts in Customer Satisfaction Index Survey among 49 airports in India. The airport achieved 4.84 score in a five point scale index in latest CSI survey conducted by an independent agency for the period of Jan- June 2017…

July 17, 2017: Air India Express is reportedly preparing a 10-year vision document as it looks to expand its fleet and add more foreign destinations. The plan is being prepared at a time when the government is working on a road map for disinvestment in Air India, the debt laden parent of the…

July 17, 2017: Allcargo Logistics is reportedly planning to foray into the last-mile delivery space and is eyeing revenue of Rs 1,500 crore from the segment by 2020. The company is also likely to invest around Rs 1,000 crore to double its exim warehousing/ CFS stations and logistics park capacity to…

July 14, 2017: Essar Ports has handled a record 19.62 million tonnes of cargo in the quarter ending 30 June 2017. This is a growth of 12 percent when compared to the cargo handling in the corresponding quarter of the previous fiscal. For dry and unit cargo, the company recorded a significant 32…

July 14, 2017: A national level workshop titled “Accelerating Sagarmala Implementation – Promoting Coastal Shipping and Inland Navigation in India” was organized by the Ministry of Shipping and Indian Chamber of Commerce at Bhubaneswar in association with Paradip Port Trust recently. The focus was…

July 13, 2017: Patel Integrated Logistics has raised fresh round of funding from the Mauritius-based, India focused private equity (PE) firm Frontline Strategy . The Mumbai-based multi-modal logistics service provider will use the money to finance its warehouse expansion plan. This is the firm’s…

July 12, 2017: Jawaharlal Nehru Port Trust (JNPT), country’s largest container port registered a 5.11 per cent growth in container traffic in the first quarter of the current financial year by handling 1.20 million TEUs as compared to 1.14 million TEUs in the corresponding quarter of the last…

July 12, 2017: The government is planning to work on the country’s own Logistics Performance Index (LPI) for states. It has roped in consultancy firm Deloitte to design indicators on which states will be rated. The Ministry of Commerce has asked Deloitte to benchmark states in terms of facilitating…

July 13, 2017: French based CMA-CGM, a member of the Ocean Alliance, began the new INDIAMED service to Mumbai with the arrival of the 5,009 TEU capacity CMA CGM Virginia at APM Terminals Mumbai. The service, linking South Asia with ports in the Arabian Gulf and Mediterranean, was officially…

July 12, 2017: Vistara has joined hands with Delhi Metro Rail Corporation (DMRC) and Delhi International Airport (DIAL) to introduce check-in and baggage drop facilities at the New Delhi station of the Delhi Metro Airport Express Line. The service is available starting today to offer enhanced…

Jul 11, 2017: SriLankan Airlines , one of the largest foreign airlines operating to India has commenced operations to Visakhapatnam in Andhra Pradesh. The airline will be offering a four-times-a-week service to Visakhapatnam connecting the state’s largest city and financial capital to the world…

Jul 11, 2017: Celebi Delhi Cargo terminal went live with the domestic module of Kale’s Galaxy Cargo Management system as part of the phase wise implementation of the entire suite of Galaxy Air Cargo management software system comprising of EXIM operations, Warehouse Management, UD, Invoice and…

Jul 11, 2017: Global carriers Lufthansa and KLM-Air France, bulge bracket private equity funds including the Blackstone Group, KKR & Co and TPG Capital along with US airlines Delta are reportedly interested in investing in India’s second largest airline Jet Airways, according to an Economic Times…

Jul 11, 2017: The Board of Vistara ( TATA SIA Airlines Ltd ), and the two promoters of the company, Tata Sons and Singapore Airlines , today named Leslie Thng to succeed Phee Teik Yeoh as Chief Executive Officer for Vistara, effective October 2017. This is subject to approval of the Government of…

Jul 11, 2017: The proposal for the development of Dhirubhai Ambani Aerospace Park with related infrastructure facilities and services at Mihan SEZ (Nagpur) has received a nod from the Board of Approval (BoA) for special economic zone (SEZ) under the Ministry of Commerce . An official statement said,…

July 10, 2017: GMR Goa International Airports Limited (GGIAL), a subsidiary of GMR Airports Limited has successfully executed debt facility agreement for the Phase-1 development of greenfield airport at Mopa. GMR Airports Ltd had won the bid to develop and operate the greenfield airport at Mopa in…

July 10, 2017: Ravi Kant, Secretary, Ministry of Shipping recently visited the Jawaharlal Nehru Port Trust (JNPT) and inspected the container terminals and other facilities. JNPT chairman Anil Diggikar, deputy chairman Neeraj Bansal accompanied Kant on the tour of the port. Also present were Barun…

July 07, 2017: Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta along with Ajay Sahai, DG & CEO, FIEO met Commerce and Industry Minister Nirmala Sitharaman and other senior officials of the Department of Commerce and DGFT recently to discuss various important issues…

Jul 07, 2017: Around 3.5 Million Metric Tonnes (MMT) of food has been delivered to 74 countries by the World Food Programme (WFP), in 2016. According to the latest report released by the food-assistance branch of United Nations, 2.2 MMT of food was supplied via sea. WFP ’s supply chain manages the…

July 07, 2017: In a major relief to flyers, the Supreme Court has directed for resolving the issue of implementing lower tariffs within two months. For over three years passengers have been forced to pay charges more than the tariffs fixed by a government-appointed agency at IGI Airport. “We are of…

July 07, 2017: State-owned Air India commenced its first flight to Washington DC from New Delhi, which would be its fifth destination in the US. Air India has deployed its 238-seater Boeing 777-200 LR aircraft to cater to the new direct service. The plane offers eight seats in first class, 35 in…

July 07, 2017: India has reclaimed its position as the world’s fastest growing domestic air travel market in May after a temporary blip, according to International Air Transport Association (IATA). According to data released by IATA, India’s passenger traffic grew by 17.7 percent in May from 15.3…

July 06, 2017: Prime Minister Narendra Modi during his visit to Israel, announced plans to launch flight service to Tel Aviv from Delhi and Mumbai. In a major outreach to the Indian diaspora in Israel, PM Modi announced the plan and urged them to visit India more often. “Now a Delhi-Mumbai-Tel Aviv…

July 06, 2017: After almost a year of operations, AAI Cargo Logistics and Allied Services Company Limited (AAICLAS) is looking at investing in international airports. A 100 percent subsidiary of Airport Authority of India (AAI), AAICLAS is an integrated logistics network entity. The company has…

July 05, 2017: The Ministry of Railways has sanctioned a new broad gauge (BG) line between Jeypore and Nabarangpur in Odisha that will cover 38 kilometres. The cost of the project is 747.91 Crores and will be completed in 3 years. The project will be implemented on cost-sharing basis of 50 per cent…

July 05, 2017: AirAsia India has plans to widen its fleet to 20 planes by September-October and commence international operations thereafter, its CEO Amar Abrol has reportedly said. According to India’s aviation policy, any domestic airline with a fleet size of at least 20 aircraft will be eligible…

July 04, 2017: Kale Logistics’ CANOPUS – Customs Clearance Management Software has successfully migrated its users in accordance to the new GST regulation. The GST enabled application is already operational and has made GST transition a smooth and error free one, says the company in a press release.…

Jun 29, 2017: Piramal Enterprises through its subsidiary Piramal Finance Limited has committed Rs 485 crore to integrated third party logistics (3PL) solutions provider, Apollo LogiSolutions (“ALS”). The investments were made through the Corporate Finance Group (CFG). Piramal Finance Limited will be…

July 04, 2017: Jet Airways is reportedly exploring opportunities to expand its commercial ties with American carrier Delta Air Lines , which could pick up a stake in the Mumbai-based carrier. Currently, 24 percent stake in Jet is owned by Etihad Airways. In May end, Jet announced the appointment of…

July 04, 2017: Domestic ratings agency ICRA in a report said that the logistics sector is likely to grow at 9-10 percent in the medium term on GDP expansion. It also added that the GST era will see benefits accruing to organised players. “Indian logistics industry is at the cross-roads, poised for…

July 03, 2017: An MoU was signed between Rail Land Development Authority (RLDA), an institution under Ministry of Railways and National Building Construction Corporation (NBCC), a PSU of Ministry of Urban Development for implementation of station redevelopment projects for 10 identified stations…

July 03, 2017: A panel consisting Nitin Gadkari, Suresh Prabhu, Piyush Goyal, Ashok Gajapathi Raju and headed by finance minister Arun Jaitley will finalise the structure and procedure of privatizing Air India. The process might start by December as the government wants the process to be finalised…

July 01, 2017: Global logistics and transportation solutions company BDP International (BDP) has announced the opening of two new Indian offices in Hyderabad and Baroda. BDP has maintained a presence in India since 2010 and integrated Unique Global Logistics Pvt Ltd into its operations in 2014. The…

July 01, 2017: SpiceJet has inducted Patna in its domestic network by flagging off 4 new daily direct flights for the Patna-Mumbai, Patna-Hyderabad, Patna-Kolkata and Patna-Bengaluru sectors. On the occasion, Shilpa Bhatia, Senior VP, Commercial SpiceJet said, “Being the 5th fastest growing city of…

July 01, 2017: Patel Integrated Logistics Limited (PILL) has tied up with Small Industries Development Bank of India (SIDBI) for procuring an initial amount of Rs 50 million to set up a warehouse facility in Bangalore, Karnataka. The Mumbai-based logistics major will be building the warehouse on…

Jun 30, 2017: The world’s busiest airport operating on a single runway GVK MIAL’s Chhatrapati Shivaji International Airport (CSIA) in Mumbai has announced the commencement of direct flight operations by Air Canada starting July 2. This is part of the move to further enhance the seamless air…

Jun 30, 2017: DHL Express has opened its expanded Delhi Gateway that boasts the largest capacity for the company in India. Located at the Indira Gandhi International Airport, the Delhi Gateway will double the capacity of export clearances from India for DHL Express and handle an additional 60…

Jun 30, 2017: The National Cyber Security Coordinator Dr Gulshan Rai visited Jawaharlal Nehru Port Trust to assess the impact of the global cyber attack that has disrupted the operations of one of the container terminals at the port. He, together with Chief Commissioner Customs and Excise,…