In a groundbreaking and expansive move, India’s decision to relax its cabotage law has created significant waves in the nation’s container logistics industry, promising to usher in a fresh era of competition, efficiency, and o....
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In the ever-evolving aviation landscape, Air India is not just soaring in the passenger domain but also strategically expanding its presence in the lucrative cargo sector. With a goal of securing a more substantial market share in....
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Locus, a dispatch management SaaS company, released a new research report, Decoding Asia’s Last-Mile Maturity, uncovering valuable insights about the current state of last-mile logistics in India, Indonesia, the UAE, and other A....
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The main objective of the Apprentices Act, 1961 was to meet the rising need for a proficient craftsman. To provide experimental training to the people whore specialized in their crafts is the main objective of the act. As per the ....
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Hapag-Lloyd is set to transform connectivity at sea with the rollout of the Starlink satellite internet technology across its fleet. The decision comes after a successful pilot phase, says an official release. "Since May, crew mem....
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In discussions between UK Business and Trade Secretary Kemi Badenoch and her Indian counterparts, it was revealed on Thursday that India and Britain are “actively” discussing business mobility under the proposed free trade agr....
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In a video address at the G20 Meeting of Trade and Investment Ministers in Jaipur on Thursday, Prime Minister Narendra Modi highlighted the positive effects of trade and globalization. He emphasized how these forces have not only ....
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The Central Warehousing Corporation (CWC) has plans to double its revenues in the next two years through capacity expansion in the warehousing space and a bigger play in third-party logistics (3PL) and domestic container business.....
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India’s decision to impose a hefty 40% export duty on onions until the end of the year has raised concerns about a potential 50% drop in the country’s onion export volumes, according to sources familiar with the matter.While, ....
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In the ever-evolving world of freight movement, relying solely on a single mode of logistics is no longer practical. The logistics landscape has transformed into a multimodal environment, expanding transportation mediums from ocea....
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Himachal Pradesh, known as the second-largest apple producer in India, commands a substantial market share of approximately 25% within the country’s apple industry, amounting to a revenue of Rs 5,000 Crore. Regrettably, the appl....
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‘Bear’ necessities went wild in a recent turn of events for Iraqi Airways’ flight to Dubai, giving passengers more than just in-flight entertainment. Just before takeoff, an unexpected passenger decided to break free from it....
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IndoSpace, a developer of industrial real estate and logistics parks backed by private equity firm Everstone Group, is looking to invest more than $1 billion in acquisition of new warehousing and logistics assets across India in t....
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The 5th meeting of the India-Vietnam Joint Trade Sub-Commission (JTSC) was recently held in New Delhi, and during the meeting, both nations expressed their commitment to addressing logistics challenges that impact bilateral trade.....
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Supply chain management, with the revolutionization of Artificial Intelligence (AI), is witnessing a groundbreaking development with the introduction of AutoGPT powered by GPT-4. Offering unparalleled potential for optimizing task....
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A new 129km South Haryana Economic Rail Corridor, has been given a nod by the railway ministry.The corridor will connect the city with four ports in Gujarat via Rajasthan. The ministry is going to carry out a INR 3.1 crore survey ....
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Tesla is exploring possibilities of bringing its auto parts and electronics chain to India, in this regard, the company has held discussions with union government officials and talked about getting incentives and tax breaks in the....
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Taking inspiration from the United States’ advanced passenger information system, India is working on its own model of an advanced cargo information system. It is expected to enhance the ease of doing business (EODB) at various ....
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In recent years, India has seen significant progress in using artificial intelligence (AI) across various sectors, including supply chain management. With a thriving economy and a tech-savvy workforce, the country’s AI advanceme....
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After discounting prices for quite some time now, Maersk announced that it would be hiking the rates for all kinds of freight on the Asia-North Europe trade lane come July end. Maersk also said that rates on other trade lanes “m....
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German shipping colossus Hapag-Lloyd has been indicted for levying ‘unfair’ demurrage and detention (D&D) charges, by fruit juice importer Rahal International. The shipper filed a complaint with the U.S. Federal Maritime Commi....
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Mahindra Logistics is making a shift towards a build-to-suit (BTS) model for its warehousing networks. As per the logistics provider this model will be more suitable for its long-term growth plans and will lead to a better payoff ....
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While the Indian logistics sector is soaring high on the back of policy reforms, infrastructure developments, and favorable businesses conditions, India’s neighbor – Pakistan – is seeing its logistics companies grapple with ....
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The Federation of Freight Forwarders’ Associations in India (FFFAI) has launched India’s first smart and interactive electronic FIATA (International Federation of Freight Forwarders Association) Bill of Lading (e-FBL) initiati....
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It is expected that Pakistan may soon strike a deal with the United Aram Emirates (UAE) to hand them over the operations of Karachi Port Terminals. Pakistan will have the right to take over the terminals in case of a national emer....
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Logistics is the backbone of the global economy – a sector that, in India alone, currently employs about 22 million people and is expected to touch $380 billion by 2025. However, it’s largely unorganised within the country and....
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Air India has been in the news for quite some time because of its monumental order of airplanes. With the increase in belly capacity that each new airplane brings, the excitement is making a new high. Adding on to the sentiment, I....
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French contract logistics provider, FM Logistic, inaugurated its first Control Tower (CT) facility in a grand event in Pune. The Control Tower is part of FM’s strategy to enhance its 4PL and LLP offering. The occasion was graced....
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The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) has recently given the go-ahead to a detailed report of a 3-km railway approach line connecting New Dadri Dedicated Freight Corridor station to the upcoming mul....
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The Ambala unit of the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) has successfully conducted its first trial on the Shambhu-Sahnewal section of the freight corridor in Punjab. On Tuesday, the unit chief gener....
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Indian container logistics players can expect significant obstruction of port operations and container movement restrictions owing to Cyclone Biparjoy approaching the Gujarat coast notes Christian Roeloffs, co-founder and CEO, of ....
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In a bureaucratic reshuffle, the central Govt has transferred Sudhansh Pant, Secretary, the Ministry of Ports, Shipping, and Waterways, and named T K Ramachandran, as the new Secretary of MoPSW in the Ministry. A Tamil Nadu cadre ....
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In this new era of internet and smartphones, you can simply order anything and get it delivered to your home in no time. The need to travel long distances in order to visit your preferred store is long behind. Using a smart device....
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Freight forwarders are looking out to extend their consumer base as market volumes dwindle. Niall van de Wouw, Xeneta’s chief airfreight officer, stated freight forwarders have become stressed with reduced demand.“There are ....
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Bengaluru will witness a surge in investment for developing premium warehousing park to meet the growing demand for storage space from e-commerce and third-party logistics players, says a white paper named ‘Ahead of The Curve - ....
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The National Rail and Transportation Institute (Vadodara) was recently renamed the Gati Shakti Vishwavidyalaya and is all set to conduct its first batch of students starting in August 2023. The deemed university, which was initial....
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With the kind of leaps that the world is taking in the field of technology, the day isn’t far when autonomous vehicles and aircraft will take over in the day-to-day transportation of passengers and cargo. We're already seeing a ....
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In a move to accelerate the green transition of Indian shipping, the Ministry of Ports, Shipping, and Waterways (MoPSW) on Monday announced that it will cover a third of the finances for green shipping projects in the nation.The C....
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Delhivery has clarified that the news regarding its potential acquisition of All Cargo Group’s Gati is factually incorrect. In a filing with the BSE, Delhivery stated that there have been no discussions whatsoever regarding thi....
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Following the recent fires at Kerala Medical Services Corporation Limited (KMSCL) units in Kollam and Thiruvananthapuram, the Fire and Rescue Department has launched a state-wide inspection to check the safety features at various ....
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Jogighopa in Assam will be the first international multimodal logistics hub in India, and as per reports it is going to be ready in the next couple of months. The Union Minister for Road Transport and Highways, Nitin Gadkari said....
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Mahindra Logistics Ltd. (MLL), has commenced Cargo Charter operations in the Middle East, headquartered in Dubai. With this launch, MLL-part of India’s Mahindra group will augment freight forwarding with cargo charter operations....
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The sharp increase in fuel prices, have led many automakers including leading market player like Maruti Suzuki to move their mode of transport for finished goods beyond roadways. Automakers are also looking beyond roadways as they....
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Bharat EMart is a new digital initiative to provide traders the facility of consignment pick-up as well as ensure delivery at the consignee’s doorsteps, all across the country. It is believed that it will benefit 8 crore traders....
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In April 2023, the Indian Railways recorded monthly freight loading of 126.46 million tonnes – a 4.25 MT and 3.5% growth over April 2022. Freight revenue in April was recorded 7% higher at INR 13,893 crore as compared to Rs 13,0....
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Jeena & Company, is geared up to introduce J5 – a freight forwarding and customs clearance platform built on a completely new technology architecture.To be rolled out module wise, the new technology architecture will be focused ....
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The Panama Canal-an important maritime route linking the Atlantic and Pacific oceans is forced to reduce shipping traffic due to lack of rainfall.The canal which allows the passing of around six per cent of all global maritime shi....
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Full service carrier Air India on Thursday announced a new multi-year global distribution services partnership with US-based Sabre Corporation. The collaboration enables travel agents and corporations around the world to access Ai....
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Integrated fund and development management platform Welspun One Logistics Parks (WOLP) will develop two warehousing projects in Tamil Nadu with an investment of Rs 700 crore in joint venture with the GRT Group, the company said on....
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It is to be noted, that prior to the Russia-Ukraine conflict, more than 60% of the Indian crude basket was made up of Middle Eastern crudes, with the remainder made up of North American crudes at around 14%, West African crudes at....
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India’s continuous investment in soft and hard infrastructure along with technology has paid off, the nation ascends by six places on the World Bank’s 2023 Logistics Performance Index (LPI) bagging 38th place in 2023 out of th....
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Ecom Express, a leading end-to-end technology-enabled logistics solutions provider, announced the launch of three new services i.e. Same Day Delivery (SDD), Same Day Delivery+ (SDD+), and Next Day Delivery (NDD) to cater to the gr....
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IndoSpace, strengthening its presence in the National Capital Region (NCR), has launched two new logistics parks, one in Dhatir, near Palwal, and the other in Taoru, near Sohna. These parks have a development potential of over 3.4....
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Egypt-based Trucking startup Trella is dwindling its business in the neighboring nation, Pakistan- which is going through one of the biggest economic crises.Trella since last month stopped taking new orders in the nation. In 2021,....
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The Special Secretary (Logistics) Sumita Dawra gave the valedictory remarks at the concluding day of regional workshops on Gati Shakti NMP organised by the DPIIT, MoCI, and her suggestions hold the power to transform Indian logist....
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In a challenging global environment – the pandemic, the Russia-Ukraine war, and disruption in businesses across the globe – India has been giving a remarkable performance, and India’s exports are breaking records amid global....
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Supply chain in itself is a complex concept with a high number of participants at each level. And with the recent black swan events, it has become even more important to master your supply chain management skills and tools if you ....
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Among the many things India’s supply chain sector has learned over the last decade, multimodal connectivity is important. It is hailed as one of the critical tools for reducing India’s logistics cost and making the entire logi....
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Mahindra Logistics Ltd. (MLL) and Ascendas-Firstspace have set up a new one million square feet multi-client warehouse park in Talegaon, Pune. The multiclient warehouse park will be developed in three phases, with the first phase ....
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While speaking at the ASSOCHAM Annual Session 2023 yesterday, Minister of Commerce and Industry Piyush Goyal, said that India’s exports (merchandise as well as services) have witnessed a healthy growth since 2020 to reach an all....
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In a bid to promote the logistics sector in a big way, the Tamil Nadu government will facilitate projects with more than Rs 500 crore with customized incentives. To attract and enable financing for large-scale logistics infrastruc....
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The Network Planning Group (NPG) under the PM Gati Shakti initiative has approved six infrastructure projects including one by MNRE, three by the Ministry of Railways and two by the Ministry of Road, an official statement said on ....
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Exports of biofuel from special economic zones (SEZ) and export-oriented units are permitted for both fuel and non-fuel purposes without any restrictions, considering the biofuel is produced using imported feed stock, the governme....
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The TVS Industrial and Logistics Park (ILP) have shared plans of strengthening its footprint in 30 more cities by 2027, a top official said on Saturday.At present, the company has a presence in 11 locations across the country.Unde....
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The logistics industry has always been a complex and challenging field, with various components and stakeholders involved in the process. However, with the advent of AI technology, logistics platforms have transformed the industry....
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Mediterranean Shipping Company (MSC) took the delivery of its 399.99 m long newest container ship – the MSC Irina – from Yangzijiang Shipbuilding recently. The 24,346 TEU ship dethrones the 24,188 TEU ‘OOCL Spain’, which h....
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16th March each year marks the National Vaccination Day or the Immunization Day in India. The day is observed to promote vaccination campaigns and raise awareness about the importance of vaccines in preventing infectious diseases.....
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Betting on the growing logistics demand in India on the back of its manufacturing ambitions and e-commerce boom, Investcorp is doubling down on warehouse investments in India. Investcorps’ has a real estate portfolio of $350 mil....
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An official from the Ministry of Commerce and Industry (MoCI) has said that the new Foreign Trade Policy 2023 will be released tentatively by the end of March 2023. The current Policy, framed for the period 2015-2020 was first ext....
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Today the first batch of transshipment cargo from Bangladesh was welcomed by the Delhi International Airport Limited (DIAL), a subsidiary of GMR Airports Infrastructure Limited (GIL). The cargo left Dhaka on 26th February to reach....
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Logistics and e-commerce businesses worldwide are going through structural change as the world gets used to the pandemic’s aftereffects. Companies from all over the world have been offering solutions backed by cutting-edge techn....
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The Ministry of Road Transport and Highway (MoRTH) on Tuesday announced that the commercial capital of Madhya Pradesh, Indore will soon have its own Multi-Modal Logistics Park (MMLP). The MMLP project has been awarded to GR Infrap....
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Under the PM Gati shakti initiative, as many as 66 big-ticket infrastructure projects worth INR 5 lakh crore of various ministries have been recommended for approval for this fiscal, a senior official said on Thursday. These initi....
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UPS eyeing to expand its network of technology centres in India, will launch its first centre in Chennai this year. UPS has taken a space spanning 65,000 sq ft at RMZ One Paramount in Porur, Chennai.told media, that UPS is making ....
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Ekart, aiming to become a 4PL player in the nation will now make its warehouses across the country available to brands, manufacturers, retailers, and SMEs. This will allow brands of all sizes, manufacturers, and retailers from acr....
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The Gulf’s trade relations with India have been further cemented with Adani Group acquiring the Haifa Port project. The Port will prove to be Adani Ports & SEZ’s biggest revenue generator outside India, according to a well pl....
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To meet the long-standing customer requirements, APM Terminals Pipavav is looking to develop a state-of-the-art warehousing facility in the proximity of the port in partnership with Contrans Logistics.APMT in a statement said that....
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COGOS, India’s leading tech-logistics start-up, has raised Rs 10 crore ($1.2 million) debt financing from Vivriti Capital. The credit line issued will be utilised by COGOS as they head towards an aggressive expansion since their....
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India has been in the limelight for all the good reasons after being selected for the G20 presidency in December 2022, and plans to take full advantage of it. Being a developing country, and being fast-moving at it, the agenda is ....
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Artificial Intelligence (AI) is empowering businesses to deliver never-before-seen logistics efficiencies. It’s helping a leading 10-minute grocery provider to scale its on-demand delivery businesse by 25x in six months and fulf....
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The Indian road freight transport market constitutes a share of 85% of the entire logistics sector, and is expected to grow at a CAGR of 6% during 2022-2027. It went through severe ramifications during the pandemic with only abo....
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Blume Global launched, Blume CarrierGo, the only cloud-based, intelligent operating platform for Indian trucking companies, in Varanasi today. Blume CarrierGo is an easy, scalable, and affordable solution for trucking companies to....
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The global freight forwarding market has evolved significantly in the last decade, largely owing to newer business models and the adoption of new–age technologies across the value chain.....
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Looking to tap the potential of the cargo segment in India, IndiGo will strengthen its cargo operations further later this year by introducing another aircraft to support its freight business. The airline has plans to include a to....
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V-Xpress, a division of V-Trans (India) Ltd and a door-to-door, multimodal express cargo movement company, today launched its new state-of-art hub in Ahmedabad.....
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The markets have started stabilising, and the ocean networks are normalising after over two years of disruptions caused by the Covid-19 pandemic. During this time, not only did we strive hard to ensure we addressed all our custome....
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“Maersk will build some warehouses and distribution centres on its own, they will work with inland container depots (ICDs), they will work with people who build warehouses and lease them, they will lease warehouses themselves, s....
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In yet another compelling survey, Container xChange has revealed that 84% of the participants still use conventional means of communication to source quotations, while 78% of them use the same outdated processes to place a booking....
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Mr Modi, highlighting the importance that India’s energy security holds for global growth, said in his first address, “We must not promote any restrictions on the supply of energy, and stability in the energy market should be ....
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“The sequential trend in exports in October 2022 echoes what was recorded in November of 2021, which had seen a later onset of the festive season. As of now, we expect some rebound in exports and imports in November 2022 relativ....
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