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International Logistics and Cargo News
PM Modi hails the India-US interim trade framework, citing gains for Make in India, jobs, MSMEs and supply chains. Prime Minister Narendra Modi on…
Private companies are pivotal in advancing multimodal logistics worldwide through infrastructure investment, technological innovation, and operational efficiency. Infrastructure investment Development of Logistics Hubs and…
India has joined three of IPEF’s four pillars, but it is still only an observer in the trade pillar.
The climate group has withdrawn its support for Adani Green, Adani Transmission, and Adani Ports and Special Economic Zone.
534 Indians have been rescued from Sudan amidst clashes. To assist with the Indian government’s rescue mission, Operation Kaveri, IndiGo has offered charter flights to Jeddah.
The Minister of Public Works, Bishop Juan Edghill, M.P and the High Commissioner of India to Guyana, KJ Srinivasa, signed the agreement on Saturday.
The project must meet 370 legally binding conditions to protect the environment and marine life.
IATA’s Global Head of Cargo, Brendan Sullivan, talked about the focus areas of sustainability, digitalisation, and safety for the air cargo industry.
The oil company’s Eastern Trade arm pledged to work with the port authority to develop charging infrastructure to reduce emissions from vessels.
A Category 1 status permits a country’s airlines to operate and expand their services to US destinations and enter a codeshare agreement with American carriers.
Global traffic scaled 89.7 per cent in February 2023 against February 2022, led by the Asia Pacific region.
The Abu Dhabi-based group has signed a concession agreement to develop and run Egypt’s Safaga port in a deal worth USD 200 million.
The new carrier aims to cover over 100 destinations globally, thus boosting the annual passenger traffic from Riyadh three times to 330 million by 2030.
India and Russia have agreed “in principle” to revise their bilateral air services agreement, thus allowing Russian airlines to fly to up to 64 Indian cities.
Data provider TAC Index highlighted in its latest weekly market report that the Baltic Air Freight Index jumped 3.5 per cent in the week ending March 6.
The carrier has received a green signal from the Ministry of Civil Aviation (MoCA) to wet lease up to two aircraft for operating flights to the US and Canada.
In a bid to reduce France’s carbon footprint, the Elisabeth Borne government plans to expand and upgrade the country’s rail network.
As part of its expansion plans in the Africa region, the air charter expert will expand its operations team and move to a bigger space in Johannesburg.
After serving the Hong Kong market since October 2022, the French carrier started flying to China four times a week from Paris on February 17.
Scoot will become Singapore’s first carrier to operate this 112-seater aircraft. The move will drive growth and enhance their network connectivity.
The Southeast Asian nation plans to increase the number of its civil airports from 22 to 20 to promote tourism and international trade.
Port of Iskenderun remained shut for a week due to damaged infrastructure and logistical network. Cotton, textile dyes, and man-made yarn exports may get affected till March.
The Tata-group-owned carrier discontinued all services to this route in March 2020 due to the pandemic. It has begun flying non-stop on the route again.
Turkish Cargo is now available on CargoAi’s marketplace solution (CargoMART) for users in four countries.
Fourkites, one of the leading real-time supply chain visibility companies, recently partnered with Germany-based cargonerds to improve the digital freight platform, in order to bring enhanced cost and time savings to the Global Freight Forwarders & Shippers
Ship agents warn the cash-strapped Pakistani government that all export cargoes may be halted as foreign shipping lines are contemplating discontinuing services for the country.
HAROPA PORT has made notable progress despite a market downturn, gaining additional market share in the Northern Range and improving its modal shares on the Seine Axis.
The WEF stated on January 16 in its survey that a global recession is likely to occur in 2023 and that pressures on food, energy, and inflation may have peaked.
The Chattanooga freight alley, a concentrated hub of transportation and logistics companies, recently welcomed another leading logistics company, Veritas Logistics.
From increasing profitability to improving operational efficiency, Delta Cargo’s zeal for digital transformation is all set to be powered by IBS’s iCargo suite.
Abu Dhabi National Oil Company (ADNOC) and Singapore-based Atlantic, Gulf, and Pacific (AG&P) recently signed a charter to use LNG carriers in India.
ACC welcomes the new and much-awaited freight policies released by the Surface Transportation Board (STB) of the US, aimed at effectively mitigating the issues around rail rates.
In an effort to reduce its carbon footprint, the Los Angeles Port recently provided $6 million to two trucking companies for 22 zero-emission trucks.
GEODIS recently signed an agreement to acquire the Trans-o-flex company owned by Schoeller and Amberger in order to expand its freight network in Germany.
The Danish shipping company, Maersk, signs its ninth green methanol deal globally, this time with US-based Sungas Renewables.
The current negotiations for a Preferential Trade Agreement (PTA) between India and the SACU nations have prepared the ground for a stronger relationship in the future.
Indian exports to the UAE, excluding petroleum products, increased by 14per cent to $5.92 billion in June-August 2022, up from $5.17 billion in the same period last year.
Jamie Dimon, the CEO of JPMorgan Chase & Co., said that “strong” headwinds will likely cause the US and global economies to enter a recession by the middle of next year.
The chiefs of the International Monetary Fund and World Bank warned of an increasing possibility of a global recession as industrialised economies slow and greater inflation drives the Federal Reserve to keep raising interest rates, putting additional debt constraints on poor countries.
The largest container shipping firm in the world, Mediterranean Shipping Co., will enter the air cargo market by utilising four leased wide-body freighters from Boeing Co.
Due to rising freight costs, Indian refiners plan to forego imports of Russian ESPO crude oil this month and will instead look to the Middle East and Africa, as per industry insiders.
According to a top industry executive, the demand for air and ocean freight has decreased, rates have decreased, and there is no market visibility, making it difficult to predict what will happen in 2023.
Shipping giant AP Moller-Maersk has submitted an application to the US Department of Transportation to transfer the Star Air subsidiary’s foreign air carrier permit to its newly launched Maersk Air Cargo company.
With the arrival of three leased Airbus A321 freighters from BBAM, Teleport is growing its fleet.
Three Boeing 767-300ER modified freighters are now on long-term dry lease with Titan Aircraft Investments, a partnership between…
In collaboration with logistics provider Asean Cargo Gateway, Vietnam’s Vietravel Airlines seeks to establish a new cargo airline (ACG)…
ICHCA brings together a wide range of players who play a fundamental role in advancing the global economy as a…
India’s exports have suffered as a result of the collapse in demand in some developed nations caused by record-high inflation and…
The UAE creates an air bridge to flood-stricken Pakistan and provides free cargo space for humanitarian aid.
Maersk’s strategic intent to service customers’ end-to-end supply chain needs will be achieved through LF Logistics’ extensive footprint across Asia-Pacific and industry-leading fulfilment capabilities.
Turkish Cargo, the growing logistics brand of Turkish Airlines, scored first among European air cargo firms and fourth among all airlines in the world
APM Terminals (APMT), the terminals division of A.P. Moller-Maersk (Maersk), has reached an agreement to sell its 30.75% stake in Global Ports Investments PLC (GPI)
The first cargo airline in Vietnam, IPP Air Cargo, plans to start flying as early as November. The airline is awaiting approval for different licenses from six various government organisations.
As part of the airline’s pledge to combat climate change by achieving net-zero carbon emissions by 2050, Fly Greener is driven by an integrated carbon emissions calculator.
The second half of this year’s global goods trade growth will be slower than it was in the first quarter, according to the World Trade Organization’s most recent Goods Trade Barometer, which was released on August 23.
India and Iran signed a Memorandum of Understanding (MoU) on August 22 to recognise certificates of competence for unlimited voyages in an effort to facilitate the movement of seafarers
The World Cargo Symposium (WCS), the largest and most prestigious air transport cargo event, will be held in London, United Kingdom, from September 27-29, 2022.
PM Modi hails the India-US interim trade framework, citing gains…
Private companies are pivotal in advancing multimodal logistics worldwide through…
India has joined three of IPEF’s four pillars, but it is still only an observer in the trade pillar.
The climate group has withdrawn its support for Adani Green, Adani Transmission, and Adani Ports and Special Economic Zone.
534 Indians have been rescued from Sudan amidst clashes. To assist with the Indian government’s rescue mission, Operation Kaveri, IndiGo has offered charter flights to Jeddah.
The Minister of Public Works, Bishop Juan Edghill, M.P and the High Commissioner of India to Guyana, KJ Srinivasa, signed the agreement on Saturday.
The project must meet 370 legally binding conditions to protect the environment and marine life.
IATA’s Global Head of Cargo, Brendan Sullivan, talked about the focus areas of sustainability, digitalisation, and safety for the air cargo industry.
The oil company’s Eastern Trade arm pledged to work with the port authority to develop charging infrastructure to reduce emissions from vessels.
A Category 1 status permits a country’s airlines to operate and expand their services to US destinations and enter a codeshare agreement with American carriers.
Global traffic scaled 89.7 per cent in February 2023 against February 2022, led by the Asia Pacific region.
The Abu Dhabi-based group has signed a concession agreement to develop and run Egypt’s Safaga port in a deal worth USD 200 million.
The new carrier aims to cover over 100 destinations globally, thus boosting the annual passenger traffic from Riyadh three times to 330 million by 2030.
India and Russia have agreed “in principle” to revise their bilateral air services agreement, thus allowing Russian airlines to fly to up to 64 Indian cities.
Data provider TAC Index highlighted in its latest weekly market report that the Baltic Air Freight Index jumped 3.5 per cent in the week ending March 6.
The carrier has received a green signal from the Ministry of Civil Aviation (MoCA) to wet lease up to two aircraft for operating flights to the US and Canada.
In a bid to reduce France’s carbon footprint, the Elisabeth Borne government plans to expand and upgrade the country’s rail network.
As part of its expansion plans in the Africa region, the air charter expert will expand its operations team and move to a bigger space in Johannesburg.
After serving the Hong Kong market since October 2022, the French carrier started flying to China four times a week from Paris on February 17.
Scoot will become Singapore’s first carrier to operate this 112-seater aircraft. The move will drive growth and enhance their network connectivity.
The Southeast Asian nation plans to increase the number of its civil airports from 22 to 20 to promote tourism and international trade.
Port of Iskenderun remained shut for a week due to damaged infrastructure and logistical network. Cotton, textile dyes, and man-made yarn exports may get affected till March.
The Tata-group-owned carrier discontinued all services to this route in March 2020 due to the pandemic. It has begun flying non-stop on the route again.
Turkish Cargo is now available on CargoAi’s marketplace solution (CargoMART) for users in four countries.
Fourkites, one of the leading real-time supply chain visibility companies, recently partnered with Germany-based cargonerds to improve the digital freight platform, in order to bring enhanced cost and time savings to the Global Freight Forwarders & Shippers
Ship agents warn the cash-strapped Pakistani government that all export cargoes may be halted as foreign shipping lines are contemplating discontinuing services for the country.
HAROPA PORT has made notable progress despite a market downturn, gaining additional market share in the Northern Range and improving its modal shares on the Seine Axis.
The WEF stated on January 16 in its survey that a global recession is likely to occur in 2023 and that pressures on food, energy, and inflation may have peaked.
The Chattanooga freight alley, a concentrated hub of transportation and logistics companies, recently welcomed another leading logistics company, Veritas Logistics.
From increasing profitability to improving operational efficiency, Delta Cargo’s zeal for digital transformation is all set to be powered by IBS’s iCargo suite.
Abu Dhabi National Oil Company (ADNOC) and Singapore-based Atlantic, Gulf, and Pacific (AG&P) recently signed a charter to use LNG carriers in India.
ACC welcomes the new and much-awaited freight policies released by the Surface Transportation Board (STB) of the US, aimed at effectively mitigating the issues around rail rates.
In an effort to reduce its carbon footprint, the Los Angeles Port recently provided $6 million to two trucking companies for 22 zero-emission trucks.
GEODIS recently signed an agreement to acquire the Trans-o-flex company owned by Schoeller and Amberger in order to expand its freight network in Germany.
The Danish shipping company, Maersk, signs its ninth green methanol deal globally, this time with US-based Sungas Renewables.
The current negotiations for a Preferential Trade Agreement (PTA) between India and the SACU nations have prepared the ground for a stronger relationship in the future.
Indian exports to the UAE, excluding petroleum products, increased by 14per cent to $5.92 billion in June-August 2022, up from $5.17 billion in the same period last year.
Jamie Dimon, the CEO of JPMorgan Chase & Co., said that “strong” headwinds will likely cause the US and global economies to enter a recession by the middle of next year.
The chiefs of the International Monetary Fund and World Bank warned of an increasing possibility of a global recession as industrialised economies slow and greater inflation drives the Federal Reserve to keep raising interest rates, putting additional debt constraints on poor countries.
The largest container shipping firm in the world, Mediterranean Shipping Co., will enter the air cargo market by utilising four leased wide-body freighters from Boeing Co.
Due to rising freight costs, Indian refiners plan to forego imports of Russian ESPO crude oil this month and will instead look to the Middle East and Africa, as per industry insiders.
According to a top industry executive, the demand for air and ocean freight has decreased, rates have decreased, and there is no market visibility, making it difficult to predict what will happen in 2023.
Shipping giant AP Moller-Maersk has submitted an application to the US Department of Transportation to transfer the Star Air subsidiary’s foreign air carrier permit to its newly launched Maersk Air Cargo company.
With the arrival of three leased Airbus A321 freighters from BBAM, Teleport is growing its fleet.
Three Boeing 767-300ER modified freighters are now on long-term dry lease with Titan Aircraft Investments, a partnership between…
In collaboration with logistics provider Asean Cargo Gateway, Vietnam’s Vietravel Airlines seeks to establish a new cargo airline (ACG)…
ICHCA brings together a wide range of players who play a fundamental role in advancing the global economy as a…
India’s exports have suffered as a result of the collapse in demand in some developed nations caused by record-high inflation and…
The UAE creates an air bridge to flood-stricken Pakistan and provides free cargo space for humanitarian aid.
Maersk’s strategic intent to service customers’ end-to-end supply chain needs will be achieved through LF Logistics’ extensive footprint across Asia-Pacific and industry-leading fulfilment capabilities.
Turkish Cargo, the growing logistics brand of Turkish Airlines, scored first among European air cargo firms and fourth among all airlines in the world
APM Terminals (APMT), the terminals division of A.P. Moller-Maersk (Maersk), has reached an agreement to sell its 30.75% stake in Global Ports Investments PLC (GPI)
The first cargo airline in Vietnam, IPP Air Cargo, plans to start flying as early as November. The airline is awaiting approval for different licenses from six various government organisations.
As part of the airline’s pledge to combat climate change by achieving net-zero carbon emissions by 2050, Fly Greener is driven by an integrated carbon emissions calculator.
The second half of this year’s global goods trade growth will be slower than it was in the first quarter, according to the World Trade Organization’s most recent Goods Trade Barometer, which was released on August 23.
India and Iran signed a Memorandum of Understanding (MoU) on August 22 to recognise certificates of competence for unlimited voyages in an effort to facilitate the movement of seafarers
The World Cargo Symposium (WCS), the largest and most prestigious air transport cargo event, will be held in London, United Kingdom, from September 27-29, 2022.
PM Modi hails the India-US interim trade framework, citing gains for Make in India, jobs,…
Private companies are pivotal in advancing multimodal logistics worldwide through infrastructure investment, technological innovation, and…
India has joined three of IPEF’s four pillars, but it is still only an observer in the trade pillar.
The climate group has withdrawn its support for Adani Green, Adani Transmission, and Adani Ports and Special Economic Zone.
534 Indians have been rescued from Sudan amidst clashes. To assist with the Indian government’s rescue mission, Operation Kaveri, IndiGo has offered charter flights to Jeddah.
The Minister of Public Works, Bishop Juan Edghill, M.P and the High Commissioner of India to Guyana, KJ Srinivasa, signed the agreement on Saturday.
The project must meet 370 legally binding conditions to protect the environment and marine life.
IATA’s Global Head of Cargo, Brendan Sullivan, talked about the focus areas of sustainability, digitalisation, and safety for the air cargo industry.
The oil company’s Eastern Trade arm pledged to work with the port authority to develop charging infrastructure to reduce emissions from vessels.
A Category 1 status permits a country’s airlines to operate and expand their services to US destinations and enter a codeshare agreement with American carriers.
Global traffic scaled 89.7 per cent in February 2023 against February 2022, led by the Asia Pacific region.
The Abu Dhabi-based group has signed a concession agreement to develop and run Egypt’s Safaga port in a deal worth USD 200 million.
The new carrier aims to cover over 100 destinations globally, thus boosting the annual passenger traffic from Riyadh three times to 330 million by 2030.
India and Russia have agreed “in principle” to revise their bilateral air services agreement, thus allowing Russian airlines to fly to up to 64 Indian cities.
Data provider TAC Index highlighted in its latest weekly market report that the Baltic Air Freight Index jumped 3.5 per cent in the week ending March 6.
The carrier has received a green signal from the Ministry of Civil Aviation (MoCA) to wet lease up to two aircraft for operating flights to the US and Canada.
In a bid to reduce France’s carbon footprint, the Elisabeth Borne government plans to expand and upgrade the country’s rail network.
As part of its expansion plans in the Africa region, the air charter expert will expand its operations team and move to a bigger space in Johannesburg.
After serving the Hong Kong market since October 2022, the French carrier started flying to China four times a week from Paris on February 17.
Scoot will become Singapore’s first carrier to operate this 112-seater aircraft. The move will drive growth and enhance their network connectivity.
The Southeast Asian nation plans to increase the number of its civil airports from 22 to 20 to promote tourism and international trade.
Port of Iskenderun remained shut for a week due to damaged infrastructure and logistical network. Cotton, textile dyes, and man-made yarn exports may get affected till March.
The Tata-group-owned carrier discontinued all services to this route in March 2020 due to the pandemic. It has begun flying non-stop on the route again.
Turkish Cargo is now available on CargoAi’s marketplace solution (CargoMART) for users in four countries.
Fourkites, one of the leading real-time supply chain visibility companies, recently partnered with Germany-based cargonerds to improve the digital freight platform, in order to bring enhanced cost and time savings to the Global Freight Forwarders & Shippers
Ship agents warn the cash-strapped Pakistani government that all export cargoes may be halted as foreign shipping lines are contemplating discontinuing services for the country.
HAROPA PORT has made notable progress despite a market downturn, gaining additional market share in the Northern Range and improving its modal shares on the Seine Axis.
The WEF stated on January 16 in its survey that a global recession is likely to occur in 2023 and that pressures on food, energy, and inflation may have peaked.
The Chattanooga freight alley, a concentrated hub of transportation and logistics companies, recently welcomed another leading logistics company, Veritas Logistics.
From increasing profitability to improving operational efficiency, Delta Cargo’s zeal for digital transformation is all set to be powered by IBS’s iCargo suite.
Abu Dhabi National Oil Company (ADNOC) and Singapore-based Atlantic, Gulf, and Pacific (AG&P) recently signed a charter to use LNG carriers in India.
ACC welcomes the new and much-awaited freight policies released by the Surface Transportation Board (STB) of the US, aimed at effectively mitigating the issues around rail rates.
In an effort to reduce its carbon footprint, the Los Angeles Port recently provided $6 million to two trucking companies for 22 zero-emission trucks.
GEODIS recently signed an agreement to acquire the Trans-o-flex company owned by Schoeller and Amberger in order to expand its freight network in Germany.
The Danish shipping company, Maersk, signs its ninth green methanol deal globally, this time with US-based Sungas Renewables.
The current negotiations for a Preferential Trade Agreement (PTA) between India and the SACU nations have prepared the ground for a stronger relationship in the future.
Indian exports to the UAE, excluding petroleum products, increased by 14per cent to $5.92 billion in June-August 2022, up from $5.17 billion in the same period last year.
Jamie Dimon, the CEO of JPMorgan Chase & Co., said that “strong” headwinds will likely cause the US and global economies to enter a recession by the middle of next year.
The chiefs of the International Monetary Fund and World Bank warned of an increasing possibility of a global recession as industrialised economies slow and greater inflation drives the Federal Reserve to keep raising interest rates, putting additional debt constraints on poor countries.
The largest container shipping firm in the world, Mediterranean Shipping Co., will enter the air cargo market by utilising four leased wide-body freighters from Boeing Co.
Due to rising freight costs, Indian refiners plan to forego imports of Russian ESPO crude oil this month and will instead look to the Middle East and Africa, as per industry insiders.
According to a top industry executive, the demand for air and ocean freight has decreased, rates have decreased, and there is no market visibility, making it difficult to predict what will happen in 2023.
Shipping giant AP Moller-Maersk has submitted an application to the US Department of Transportation to transfer the Star Air subsidiary’s foreign air carrier permit to its newly launched Maersk Air Cargo company.
With the arrival of three leased Airbus A321 freighters from BBAM, Teleport is growing its fleet.
Three Boeing 767-300ER modified freighters are now on long-term dry lease with Titan Aircraft Investments, a partnership between…
In collaboration with logistics provider Asean Cargo Gateway, Vietnam’s Vietravel Airlines seeks to establish a new cargo airline (ACG)…
ICHCA brings together a wide range of players who play a fundamental role in advancing the global economy as a…
India’s exports have suffered as a result of the collapse in demand in some developed nations caused by record-high inflation and…
The UAE creates an air bridge to flood-stricken Pakistan and provides free cargo space for humanitarian aid.
Maersk’s strategic intent to service customers’ end-to-end supply chain needs will be achieved through LF Logistics’ extensive footprint across Asia-Pacific and industry-leading fulfilment capabilities.
Turkish Cargo, the growing logistics brand of Turkish Airlines, scored first among European air cargo firms and fourth among all airlines in the world
APM Terminals (APMT), the terminals division of A.P. Moller-Maersk (Maersk), has reached an agreement to sell its 30.75% stake in Global Ports Investments PLC (GPI)
The first cargo airline in Vietnam, IPP Air Cargo, plans to start flying as early as November. The airline is awaiting approval for different licenses from six various government organisations.
As part of the airline’s pledge to combat climate change by achieving net-zero carbon emissions by 2050, Fly Greener is driven by an integrated carbon emissions calculator.
The second half of this year’s global goods trade growth will be slower than it was in the first quarter, according to the World Trade Organization’s most recent Goods Trade Barometer, which was released on August 23.
India and Iran signed a Memorandum of Understanding (MoU) on August 22 to recognise certificates of competence for unlimited voyages in an effort to facilitate the movement of seafarers
The World Cargo Symposium (WCS), the largest and most prestigious air transport cargo event, will be held in London, United Kingdom, from September 27-29, 2022.
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