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.

In less than a year, the quickly expanding forwarder Scan Global Logistics (SGL) established a second office in the United Arab Emirates. SGL claimed that the new office’s location in the Abu Dhabi Airport Freezone would enable quick freight handling, including accelerated customs services.

The U.S. Department of Defense (DoD) transportation command and Sierra Space, the firm creating the shuttle-like Dream Chaser spacecraft for cargo transport and potential human flights, have pledged to complete point-to-point space shipments within three hours.

The Airports Authority of India recently revealed data showing that in July, airports in India handled 275,030 tonnes of cargo, an increase of more than 6 per cent from July 2021.