The SoftBank-backed firm is expecting 80% of its orders this festive season to come from rural India, which includes small towns and cities.

A single point of reference for all logistics and trade facilitation

For the first time in more than two years, benchmark oil tanker earnings exceeded $50,000 a day as Russia’s invasion of Ukraine disrupts the movement of crude around the world.

The year-end holiday shopping season has been placed in doubt by global trade stalwarts like FedEx and Cathay Pacific Airways, whose business slowdown indicates weaker-than-expected consumer demand rather than a Christmas shopping boom.

The commerce ministry has requested input from several ministries on its proposed national logistics policy, which aims to increase manufacturing efficiency and competitiveness by lowering logistical costs.

In order to mechanise Berth No. 2 at Haldia, Adani Ports and Special Economic Zone (APSEZ) announced that its fully owned subsidiary HDC Bulk Terminal (HBTL) had inked a concession agreement with the Syama Prasad Mookerjee Port Authority.

The 15th IATA World Cargo Symposium (WCS), which will be held in London from September 27–29, 2022, will put a special emphasis on developing resilience to improve the prospects for air cargo after the pandemic.

For the next five years, DHL Supply Chain (DHL) will invest EUR 500 million in India to significantly increase its staff, warehouse capacity, and sustainability initiatives.

Ajay Sahai, DG & CEO, Federation of Indian Export Organizations (FIEO), explained how global trade is slowing down and how the WTO revised its prediction for trade from 4.7% to 3% in April 2022, saying that this was certain to affect India’s export performance as well.

Air Canada has become the first airline to be re-certified by the International Air Transport Association (IATA) for the safe transport of live animals by Air Canada Cargo.

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.

As he talks with President Vladimir Putin a year after claiming their friendship had “no bounds” prior to the Russian invasion of Ukraine, Chinese leader Xi Jinping is keeping the West in the dark about whether Beijing will support stiffer sanctions against Russia.