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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