Leading exporters and Export Promotion Councils have asked the government to maintain the present Foreign Trade Policy (2015–20), which has occasionally been extended.

During his two-day visit to poll-bound Gujarat on September 29 and 30, Prime Minister Narendra Modi will lay the foundation for and inaugurate a number of projects, including the highly awaited metro rail project in Ahmedabad and the world’s first CNG terminal at Bhavnagar.

The dedicated freight corridor line at New Dadri railway station would be connected to the multimodal Logistics Hub, and Transport Hub, by a 3.5km-long rail project that will cost ₹814 crores

The development of a Multi Modal Logistics Park (MMLP) at Jalna in Maharashtra was the subject of a Memorandum of Understanding (MoU) signed this week between National Highways Logistics Management Ltd. and Jawaharlal Nehru Port Authority (JNPA)

Gateway Distriparks Limited (GDL) reports that it has finalized buying land at Dhanakya, close to Jaipur, and will immediately start building a new rail-connected Inland Container Depot (ICD).

The government’s Unified Logistics Interface Platform would be integrated with digital mapping provider MapmyIndia, which is publicly traded (ULIP).

At an auction, Welspun Corp. won the offer for the shipyard of insolvent borrower ABG Shipyard Limited for a sum of INR 6.59 billion.

In the upcoming months, the Department for Promotion of Industry and Internal Trade (DPIIT) will organise a number of seminars and discussions with all stakeholders on the just-launched National Logistics Policy, an official said.

The state government of Odisha has been developing its own policy in accordance with the National Logistics Policy (NLP) that Prime Minister Narendra Modi recently unveiled.

FedEx Corp. will cut daily flights across the Atlantic, the Pacific, and between Asia and Europe as it starts the process of aligning its cost structure with what the company has stated is diminishing global demand.

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.