- Porter Expands to Eight Cities, Boosts MSME Logistics
- ICAP Launches Global Dry FFA Desk Amid Freight Surge
- India’s First Ammonia Fuel Ships: SDHI Leads the Way
- Flyjac Transitions to LOGISTEED India
- India’s Major Ports Handle 915 Million Tonnes in FY26
- OOCL Launches First Direct Service to Indian Subcontinent
- Godrej and Tata Capital Launch Intralogistics Leasing Plan
- APSEZ Targets One Billion Tonnes Cargo by 2030
- SolitAir Expands India Network With New Cochin Service
- Kandla Gets Infrastructure Boost With Rs 132 Cr Road Bridge
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India and Russia aim to fast-track the Chennai-Vladivostok maritime corridor, boosting trade opportunities.
CCSIA records 46 percent cargo surge in August 2023, driven by growing passenger traffic.
India’s railway investment fuels Bhutan-India railway, enhancing connectivity and trade prospects.
India’s hypersensitive airports to receive advanced full-body scanners for quicker and more accurate security checks.
JSW Infrastructure’s IPO, aimed at debt reduction and expansion, secures SEBI approval for launch this month.
Union Minister Nitin Gadkari announces the upcoming Chennai Express Highway, connecting metros and reducing travel time.
Defence Minister Rajnath Singh opens 90 projects worth Rs 2,900 crore in nine states and two UTs.
Shinde highlighted three pivotal areas of concern and urged all directors to contribute their ideas and initiatives in support of these areas.
This strategic transformation signifies a significant milestone in Blue Dart’s ongoing journey and highlights its unwavering commitment to catering to the diverse needs of Bharat, or India.
In anticipation of increased commerce activity, particularly in segments like white goods, consumer durables, and FMCG, GESCPL has expanded its warehousing and delivery capabilities.
JCB, a global construction equipment giant, will export 45 percent of its machinery made in India and invest in hydrogen technology.
DSV and Qatar Airways Cargo collaborate on oil and gas industry flights between Mexico, the US, Europe, and the Middle East.
The partnership seeks to enhance domestic manufacturing capabilities, aligning with the Indian Government’s vision.
FFFAI advocates for tech-driven cold chain infrastructure to boost India’s agro/food processing industry and logistics.
The funding will be used for scaling-up and deployment of Kale’s new-age Cargo Community Systems in key geographies such as North America and Europe.
The Air Cargo Agents Association of India (ACAAI) elected CK Govil as its President during its 53rd Annual General Meeting in Mumbai. Samir J Shah was chosen as Vice President.
Rajkot International Airport in Gujarat replaces the former Rajkot Airport and offers advanced infrastructure and sustainability features for travelers.
The event will be marked with a special ceremony attended by Chief Minister Pinarayi Vijayan and Union Minister for Ports Sarbananda Sonowal.
Celebi India expands ground handling services at Chennai Airport, focusing on quality and sustainability for passengers and airlines.
AMTOI convenes in Kolkata to enhance trade and logistics prospects, with a focus on Kolkata Port’s expansion.
FFFAI delegation discusses trade facilitation with CBIC Chairman Sanjay Kumar Agarwal to enhance Customs clearances.
Prime Minister Modi suggests a November virtual G20 meeting to review proposals and progress during India’s presidency.
India announces rail & shipping corridor at G20, challenging China’s influence, aiming to boost trade and connectivity.
India Post joins hands with Shiprocket to boost cross-border e-commerce exports, simplifying logistics for small businesses.
Kempegowda International Airport, Bengaluru (KIAB/BLR Airport), reports a three-year high with a 124 percent boost in mango exports, reaching 684,648 kgs in 2023.
FFFAI leaders discuss trade facilitation with Indian Revenue Secretary, aiming to boost logistics for $5T economy.
G20 Summit security may disrupt mobile phone supply, impacting sales and prompting retailers to strategise.
Kale Logistics Solutions joins the International Trade Council (ITC), enhancing global presence and access to resources for economic development and trade across 179 countries.
Xavier Avrard has been named Chief Strategy Officer at GEODIS, joining the Management Board to oversee corporate strategy, mergers & acquisitions, and more.
Safetytech Accelerator has confirmed that major UK maritime insurers, the UK P&I Club and TT Club have signed up for its Cargo Fire & Loss Innovation Initiative (CFLII).
Cathay Cargo celebrated its ‘Wings of Excellence’ – India event, recognising skilled employees and essential partners, marking the first national-level event since the onset of the pandemic.
Agriculture Minister Cheluvarayaswamy announces Bengaluru-Jalasuru road to be finished in six months, overcoming delays.
Ayodhya International Airport gears up for November debut, with construction progressing swiftly.
Reliance Retail Ventures bolsters Reliance Consumer Products with Rs 300 crore investment to fuel FMCG expansion.
ONDC CEO emphasises the need for wider involvement of buyers and sellers to boost India’s digital commerce.
Hybrid Shifting’s acquisition of Pikkol reshapes India’s moving industry, offering tech-enabled, hassle-free solutions.
Security for G20 Summit prompts Northern Railway to suspend parcel services in Delhi from September 8th to 10th.
Qatar Airways Cargo resumes dedicated freighter services to Bahrain, boosting weekly cargo capacity and strengthening economic ties.
Korean Air collaborates with cargo partners to offer Sustainable Aviation Fuel (SAF), reducing carbon emissions and promoting sustainability.
India eMobility Show’s second edition generates immense excitement, boasting top companies and speakers. Explore India’s eMobility potential and contribute to a greener future.
Kerala’s air cargo industry takes flight to new heights with the inauguration of ACFI Kerala Chapter, uniting industry leaders for growth.
Kerala’s Beypore, Vizhinjam, Kollam, and Azhikal ports secure ISPS certification, paving the way for international growth.
Gati collaborates with Tech Mahindra to develop GEMS 2.0, a cloud-native software for operational excellence and superior customer service.
Flipkart’s 10th edition of Big Billion Days will create over 1,00,000 direct and indirect jobs in its supply chain, spanning fulfillment centers, sortation centers, and delivery hubs across the country.
Virgin Atlantic marks a successful year of codesharing with IndiGo, expanding connectivity to 34 destinations and benefiting loyal customers.
Telecom Disputes Settlement and Appellate Tribunal (TDSAT) rulings benefit GMR Airports, potentially affecting Adani’s Mumbai airport.
Union Minister highlights India’s inland waterways growth and port development at GMIS 2023 roadshow.
Union Minister Hardeep Singh Puri announces India’s metro network expansion, highlighting progress in urban development.
The inauguration highlights the introduction of a direct flight route between Utkela and Bhubaneshwar.
Mahindra Logistics and Flipkart join forces to boost operational efficiency and innovation in line haul solutions.
Smiths Detection introduces advanced cabin baggage screening technology in India, complying with aviation security mandates.
ISRO achieves milestone with Aditya-L1, the first-ever Sun observatory, embarking on a groundbreaking mission.
Vistara Airlines, a joint venture of Tata Sons and Singapore Airlines, will launch its second daily flight service to Mumbai from Thiruvananthapuram on September 1.
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Jaya Verma Sinha as the first woman CEO and Chairperson of the Railway Board.
Blue Dart was awarded silver in the “Reduce” and “Contribute” categories, and bronze in the “Measure” category by the UNFCCC.
CargoMART will further advance Emirates SkyCargo’s digital customer experience and optimise the booking process with real-time information.
ShipEase, a SAAS-based logistics provider for D2C brands and SME e-tailers, has raised $1 million in a Pre-Series A funding round led by Inflection Point Ventures.
The Delhi-Ghaziabad-Meerut RRTS corridor achieves a major milestone as tunneling work is successfully finished.
TVS SCS names R Dinesh as Executive Chairman, succeeding S Mahalingam, to lead the company into a new growth phase.
FedEx plans rate hikes and fee adjustments from Jan 1, 2024, aiming to enhance profitability in parcel deliveries.
High-stakes meeting to advance Mumbai-Ahmedabad Bullet Train project, focusing on rolling stock costs and progress.
Pramod Sawant anticipates strong economic growth driven by the recently inaugurated Manohar International Airport in Goa.
Adityanath stressed the need for coordination between the Authority and the Inland Waterways Authority of India, underscoring its role in regulating inland water transport and tourism activities.
With Patna Junction witnessing a daily footfall of 3 to 4 lakh passengers, the Railway Board’s decision aligns with the goal of providing airport-level security at crucial stations.
Rail services have been impacted as third line electrification and non-interlocking work at Badhwabara railway station forces the cancellation of 22 trains.
Haryana’s Deputy Chief Minister reveals plans to tackle traffic congestion by exploring the construction of underpasses at critical intersections on the Delhi-Mathura National Highway in Faridabad.
The Airports Authority of India’s efforts to restore halted flight routes and pursue new connections from Mysuru Airport align with its commitment to bolster air travel accessibility.
Engineering exports to Russia surge, while US and China see decline; Indian engineering exports drop due to reduced demand.
Delhi’s Indira Gandhi International Airport’s latest runway to begin landings from September 7, coinciding with G20 Summit.
Uttarakhand’s Pantnagar airport moves closer to becoming the state’s first international airport as cabinet approves runway extension.
Apeejay Shipping expands its fleet with a Japanese-built vessel, strengthening its position in the maritime industry.
FFFAI and World Bank join forces to address low women’s participation in Indian logistics, aiming to identify challenges and implement corrective measures.
India’s Shipping Ministry plans to establish a Bureau of Port Security (BPS) to coordinate security audits for all ports, enhancing safety measures.
Dominion Energy and Metropolitan Washington Airports Authority commence groundbreaking on 200,000-panel solar farm at Dulles International Airport.
IWAI and NRL collaborate to enhance petroleum exports via waterways, promoting EXIM trade in the Northeast.
Worldwide Flight Services (WFS) is set to enhance its Madrid cargo operations with a new terminal, boosting growth capabilities.
The achievement places Kale among the elite group of only 60 IT companies in India with this highest certification.
NHPC partners with RITES to construct a railway siding at Pasighat, Arunachal Pradesh, enhancing Dibang Multi Purpose Project infrastructure.
Port Blair’s Veer Savarkar International Airport begins operations at its new terminal, inaugurated by PM Modi in July.
Lokpriya Gopinath Bordoloi International Airport pioneers ‘Digi Yatra,’ streamlining processes and enhancing convenience.
Ministry of Railways targets 1,300 stations, including Gwalior, for modernisation in the Amrit Bharat Station Scheme.
Cargo Insights joins hands with Gurugram Industrial Expo 2023, expanding the event’s horizons into the logistics sector.
PM Narendra Modi lauds ISRO’s success as Chandrayaan-3’s Vikram lander achieves a groundbreaking soft-landing on the Moon.
Max Sauberschwarz takes over as EVP of Global Airfreight at DHL Global Forwarding, succeeding Thomas Mack starting October 1.
Etihad Cargo responds to growing cargo demand, adds Boeing 777 freighter flights to Guangzhou, reinforcing China connections.
Union Minister Nitin Gadkari has introduced Bharat NCAP to enhance safety standards of Indian vehicles, encouraging safer driving.
Finance Ministry’s initiative aims to enhance private partnership in infrastructure projects, boost investment, and streamline implementation.
Sumita Dawra hails India’s rise in Logistics Performance Index at PHDCCI’s National Logistics Summit.
Odisha aims to construct Rs.12,000 crore inland waterway on Brahmani River to link industries with Paradip and Dhamra ports.
India’s Union Minister for Ports, Shipping and Waterways outlines plans to reach over 10,000 MTPA port capacity by 2047.
Chennai’s Integral Coach Factory introduces an orange-gray themed Vande Bharat Express.
MOVIN, a joint venture of UPS and InterGlobe Enterprises, initiates operations from a new Air Cargo hub in Delhi.
Modi highlighted the historical and civilisational connections between India and Iran, underscoring their strong people-to-people contacts.
DGCA greenlights IndiGo’s Tashkent flights, with services set to launch on September 6.
Tamil Nadu pioneers India’s maiden drone testing facility to bolster drone industry growth.
JN Port’s new PPP initiative boosts coastal steel and cement transport efficiency, reducing congestion and carbon emissions.
Railway speed boost between Chennai and Bengaluru to cut travel time by 20 minutes, benefiting major routes.
Union Minister Nitin Gadkari unveils 45 km highway expansion, fostering connectivity and regional growth.
Maersk India introduces dedicated rail service for export reefers from Dadri to JN Port, streamlining logistics.
Liu, who hails from an automotive background, brings a wealth of strategic experience to the aerospace giant.
Softlink Global’s Annual Day 2023 embraces ‘Disrupt’ theme, highlighting global expansion and innovation.
Cathay Pacific records 15 percent increase in July cargo, anticipates robust performance in second half of 2023.
A delegation led by Chaitaly Mehta, Convenor of FFFAI’s Women’s Wing, visited the Petrapole-Benapole border on August 6, 2023.
Adani Ports suggests extended 50-year concessions and robust dispute resolution in PPP infrastructure projects.
AAI plans to power over 100 airports with renewable energy by 2024, aligning with environmental goals for sustainable aviation.
IndiGo Airlines brings joy to Belagavi by reinstating direct flights to Delhi and introducing new Pune route.
DP World Chennai marks a significant feat as largest vessel, MV Navios Constellation, docks successfully.
Southern Railway reveals upcoming projects for the year, spanning tracks, safety, and speed.
Ahead of the assembly election, Chief Minister Ashok Gehlot unveils metro corridor expansion strategy for Jaipur.
Union Minister announces major investment for Bengal’s maritime industry, set to elevate it into a thriving hub.
New Delhi’s Continental Carriers Group celebrates India’s 76th Independence Day with unity and patriotism.
FIATA’s inaugural visit to Ethiopia showcases significant industry developments, boosting supply chain engagement.
Distribution Logistics Infrastructure’s flagship terminal in Nagpur efficiently manages Indorama Ventures’ Pet Resins shipment.
Chief Minister Eknath Shinde announces initiative to repair and smoothen one lane of Mumbai-Goa highway before Ganeshotsav festival.
Skyways Group marks 40th anniversary with zeal, reflecting four decades of excellence and community engagement.
Oman Air’s Minister of Transport unveils a multi-year restructuring plan to ensure financial stability and operational improvement.
FFFAI’s hybrid meet in Kolkata discusses leveraging inland waterways and land ports for enhanced cross-border trade.
The Ethics Group joins hands with SIDBI to introduce pioneering fintech services, bolstering Jan Aushadhi Pariyojana’s mission of affordable healthcare accessibility.
Hindalco and Texmaco join forces to create sustainable aluminium rail wagons, supporting India’s railway expansion and emission reduction goals.
Blue Dart’s ‘Azadi ka Amrit Mahotsav’ initiative brings 15 new retail stores, franchise centres, and enhanced services nationwide.
The YLP Award 2023 regional winners are acknowledged by FIATA and TT Club, promoting talent in logistics worldwide.
Global ice cream packaging market projected to surge, driven by innovation and rising consumer demand for unique flavors and sustainable options.
Kale Logistics’ Airport Cargo Community System has launched at GMR Hyderabad, streamlining cargo operations and boosting efficiency in a greenfield airport.
Amid import licensing concerns, government clarifies no significant price hike expected for laptops and tablets, ensuring supply stability.
Amazon teams up with Gujarat Government to enhance global e-commerce exports, empowering local MSMEs, artisans, and weavers.
Flipkart collaborates with Gujarat Government to empower local artisans and weavers, driving e-commerce growth.
Responsible for leading business development and revenue generation initiatives in his new role, Rajesh brings in more than two decades of extensive leadership experience in sales, operations, and more.
Falcon Autotech transforms DTDC’s Chennai hub with cutting-edge parcel sorting tech, boosting efficiency and service quality in logistics.
Drone Delivery Canada achieves milestone with Canary RPA’s successful commercial flights, showcasing improved performance and potential for revolutionising healthcare supply chains.
Sanjay Kumar Agarwal takes over as CBIC Chairman, succeeding Vivek Johri who retired on May 31.
Kazakhstan seeks a joint venture with Abu Dhabi Ports to ship agricultural exports via Iran and Gulf ports, expanding trade routes for its grains and oilseeds.
Haryana Chief Minister expresses gratitude to PM Modi and Railway Minister for selecting 15 stations for redevelopment.
The MSC takeover, set for 2024, will pave the way for AlisCargo’s revival with a Boeing 777 freighter.
Bangladesh approves four routes for goods transportation to merchants in Tripura and other northeastern Indian states, promoting bilateral trade and cooperation.
Union Minister Dr. Jitendra Singh announces Kashmir’s rail link to the country by year-end, lauds PM Modi’s development efforts.
Union Home Minister Amit Shah inaugurates highway projects, emphasises the link between infrastructure development and economic growth.
The Federation of Freight Forwarders’ Associations in India (FFFAI) hosted its 15th EC meeting in Kolkata, with a focus on Northeast India’s potential in the logistics industry.
Prime Minister Narendra Modi initiates a massive project to redevelop 508 railway stations, enhancing passenger experience and preserving cultural heritage.
Federation of National Industries organises National Logistics Summit in Gurugram, fostering dialogue on industry growth and solutions.
Despite a challenging comparison with the previous year’s exceptional volumes, the company achieved a 5 percent YoY growth in volumes.
86 Indian airports adopt green energy, with 55 achieving 100 percent green energy consumption, reducing carbon emissions in aviation.
Shipping container spot rates show significant rebound with the largest increase in over two years, indicating the end of the 16-month ocean-freight cost slump.
India’s Ministry of Civil Aviation reports issuing 993 Commercial Pilot Licences this year till July 24, along with aviation updates.
TVS Supply Chain Solutions’ IPO, with a fresh issue of Rs. 600 crore, will open on August 10, with plans to utilise the funds for debt repayment and general corporate purposes.
Indian Railways achieves 507.7 MT freight loading in Q1 of FY24, showcasing a customer-centric approach and agile policy-making.
Adani’s expansion plan for Sanghipuram port aims to accommodate larger vessel sizes and bolster cement capacity through strategic acquisition.
The aviation security culture week aimed to raise awareness among officials about the critical aspects of cargo and personnel security, as well as access control processes.
BLR Airport excels in perishable cargo exports, handling record tonnage in FY23, bolstering India’s global market presence.
IndiGo achieves unprecedented success with soaring revenue and profits in Q1 FY’24, poised for future growth.
Cargo movement on India’s national waterways has surged by 16 percent in 2022–23, as reported by Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal.
Airbus Beluga returns to Hyderabad Airport, showcasing its distinctive design and landing capabilities for oversized cargo.
Join the National Logistics Summit 2023 to explore cutting-edge ideas and trends in the logistics sector on August 4, 2023.
Snowman Logistics reports an impressive Q1 FY’24 performance, boasting a 48 percent revenue surge, 79 percent PAT growth, and the declaration of an interim dividend, driven by increased capacity utilisation and expansion initiatives in key growth areas.
Transport Corporation of India reports robust Q1 FY’24 results with 7.8% revenue and 8.7% net profit growth, driven by demand in warehousing and 3PL services despite industry challenges.
Union Transport Minister Nitin Gadkari assures swift completion of Dwarka Expressway to improve commuting in NCR.
SpiceJet introduces daily non-stop flight between Vizag and Hyderabad, enhancing travel connectivity in the region.
Aviation regulator DGCA greenlights Air India and IndiGo’s import of 970 planes as part of their expansion plans.
The round table meeting with Vietnam delegation and Ministry of Commerce and Industry, Govt of India was held on 1st August 2023.
Customers can now ship rakhis and gifts at an affordable price starting from INR 250 domestically, and 50 percent off internationally.
KKR’s Highways Infrastructure Trust (HIT) makes strategic acquisitions in India’s road sector, obtaining four assets from Macquarie India worth Rs 3,000 crore.
Challenging terrain & weather push Zojila tunnel’s completion to 2030, offering all-weather connectivity to Ladakh.
Union Minister Piyush Goyal highlights India’s strong footing in the footwear and leather sector, eyeing global leadership.
Rail Coach Factory, Kapurthala, to roll out India’s first double-decker cargo liner coach next month for time-bound freight movement.
The new tool allows customers to measure the carbon footprint of their shipments so they can improve transparency in their sustainability reporting.
Jalan-Kalrock Consortium announces Jatinderpal Singh Dhillon’s appointment as Accountable Manager for Jet Airways.
Cochin Port registers impressive growth in global liner shipping connectivity index, boosting international links.
Amazon India sets up its first floating store on Dal Lake, Srinagar, empowering small businesses for efficient deliveries.
Indian regulator approves AirAsia India’s flights under Air India Express brand, signaling closer integration.
The 9th Edition of the PHDCCI Global Aviation & Air Cargo Summit, themed “Scaling New Horizons – Trends for Future Sustainable Growth,” was successfully organised by the Civil Aviation committee on 26 July 2023 at the PHD House, New Delhi.
Sarbananda Sonowal, has announced a significant investment of Rs 1,126 crore to enhance waterway connectivity in Northeast India.
Rajasthan’s Public Works Department (PWD) has embraced a novel approach of using plastic waste to construct 15,000km of roads.
WFS, marks an important milestone with the opening of WFS Bangalore Gateway in partnership with Bengaluru International Airport Limited (BIAL).
Starting August 31, 2023, the airline will operate non-stop daily flights between Bengaluru and Shivamogga.
Vipin Vohra, Chairman of Continental Carriers and Chair of Civil Aviation Committee at PHDCCI, was honored with the prestigious ‘Air Cargo Innovator of the Year’ award for establishing India’s first Green Field Air Freight Station.
Air India seeks to boost its presence in air cargo with wide-body aircraft and sector-specific packages targeting telecom, electronics, and pharmaceutical industries.
Union Finance Minister Nirmala Sitharaman inspects Srimantapur Integrated Land Port, discusses bilateral trade and inland water connectivity.
Industry veteran Mike Jones brings expertise to BIFA as policy advisor, leading initiatives on environmental and sustainability issues.
DHL strengthens its European e-commerce presence by acquiring Turkish parcel delivery company MNG Kargo and its subsidiaries.
ICAO and WCO release “Moving Air Cargo Globally,” providing stakeholders with guidance on securing air cargo and embracing digitalisation.
Assam CM Himanta Biswa Sarma met Nitin Gadkari, urging assistance in expediting infrastructure projects and revealed plans for healthy food streets nationwide.
Visakhapatnam Port plans to introduce solar power projects, Shore to Ship, and Green Tugs to become an eco-friendly port.
Minister Nitin Gadkari grants Rs 250 crore under CRIF to enhance road conditions in Uttarakhand and discusses vital projects with CM Dhami.
Prime Minister Narendra Modi to inaugurate Hirasar Greenfield Airport, boosting industrial growth and connectivity in Gujarat.
Ministry of Civil Aviation discontinues air cargo services at Vijayawada and Tirupati airports, permitting self-handling at one, while Visakhapatnam operations remain unaffected.
The Commerce and Industry Ministry calls for standardising processes and reducing cargo release time to boost EXIM trade.
Indian Railways to unveil revamped ACT1 wagons, capable of transporting SUVs on both decks, cutting emissions and costs.
The Maharashtra government considers reclaiming airports leased to Anil Ambani Group due to non-maintenance and unpaid dues.
Tiger Logistics has partnered with OneNDF to introduce ‘Cargo Value Finance’ and integrate it into their digital freight platform FreightJar.
The facility will offer value-added services that will allow cargo storage for a short and medium term, enhancing service efficiency and cost benefits.
Slowing demand in US and China leads to a projected 10-15 percent decline in India’s gems and jewellery exports in FY23.
Ajay’s diverse experience with renowned 3PL companies makes him the perfect candidate for General Manager for North India.
India’s Airport Authority targets significant capital outlay for infrastructure expansion while prioritising safety measures and sustainable aviation initiatives.
Jet Airways strengthens leadership with the appointment of two Whole Time Directors and a Non-Executive Director to overcome challenges and execute its resolution plan.
The platform focuses on learning for freight forwarding & logistics service providers through digital learning and skill development programme.
Emirates SkyCargo meets rising demand for perishables, transporting 3,590 tonnes of fresh-cut flowers in May 2023, up by 20 percent.
Lucknow witnesses progress in Ring Road, Airport Expansion, and Railway Station re-development projects for remarkable growth.
Qatar Airways Cargo and Airlink partnership delivers 351 tonnes of humanitarian aid using Japanese tech to 17 countries.
Ministry of Road Transport & Highways and Japan International Cooperation Agency develop guidelines to boost hill road infrastructure in India.
Menzies Aviation, a leading airport services provider, acquires majority stake in Cargo Handling Services at Sofia International Airport.
With the IATA designator code “OY” and accounting prefix “651”, Dronamics gains official recognition as an airline entity.
A recent study by FuelTrust highlights the alarming fuel-related issues faced by over 600 vessels, despite meeting quality standards.
The establishment of the Mumbai office further solidifies SeaLead’s dedication to meeting customer needs and optimizing its offerings for enhanced service delivery in South Asia.
Adani Ports targets global dominance, aiming for carbon neutrality and revenue tripling by 2030, Says Chairman Gautam Adani.
In a bid to enhance its ongoing transformation, FedEx is implementing strategic shifts within its finance organisation.
With the theme of “Nurturing eCommerce Businesses of the Future”, the summit will take place on August 4th, 2023, in New Delhi.
WebCargo by Freightos introduces interlining functionality, facilitating collaboration among carriers for airfreight bookings.
CargoTech’s investment not only provides financial support but also enables collaborative developments and cross-selling among its members.
The new twice-weekly route will connect Ezhou to Frankfurt, utilising a Boeing 747-400 freighter.
The meeting facilitated constructive discussions on fostering collaboration between FIATA, VLA, and the Vietnamese government to drive the growth of the nation’s logistics sector.
With rents starting as low as Rs 10 per square foot, the warehouse spans 30,000 square feet, and already two clients have booked around 8,000 square feet of space.
Spanning across an expansive area of 5.25 lakh square feet, the logistics park offers unparalleled infrastructure and capabilities.
Swiggy has entered the food and grocery retail market with the acquisition of LYNK Logistics, a prominent FMCG retail distribution company.
CSafe, a leading provider of pharmaceutical shipping solutions to integrate -20°C temperature capability in CSafe RKN containers.
Spanning across an expansive area of 5.25 lakh square feet, the logistics park offers unparalleled infrastructure and capabilities.
Fadnavis emphasized the efforts of the central and state governments in making Vidarbha a thriving hub for logistics, industry, and economic prosperity.
MEP Infrastructure Developers’ subsidiary, Victory Infra, signs an agreement to operate and maintain a dry port in Congo.
The newly constructed Shivamogga Airport in Karnataka will be the first airport maintained by a state government institution.
Union Minister Nitin Gadkari inaugurates three National Highway projects in Tirupati, enhancing connectivity and tourism.
IndiGo and Delhi Airport celebrate a milestone as the airline becomes the first to operate from the newly constructed fourth runway, marking a significant moment for Indian aviation.
Airbus initiates the offering of up to 5 percent sustainable aviation fuel (SAF) to customers during aircraft delivery from its Toulouse and Hamburg centres.
Qatar Airways Cargo’s ground handling partner, Qatar Aviation Services Cargo, achieves IATA Smart Facility Certification for its cargo facility in the Doha hub.
This newly approved FTO will offer aspiring pilots in Tamil Nadu training opportunities in accordance with the standards set by the DGCA.
The second Over Dimensional Cargo (ODC) arrives at Pandu port via inland waterways for Numaligarh Refinery’s expansion project.
Munich Airport experiences a steady upward trend with freight volume reaching 132,404 tonnes in the first half of 2023.
The Railway Ministry has given the green light to the 129 km South Haryana Economic Rail Corridor, connecting Haryana with Gujarat ports via Rajasthan.
Godrej & Boyce, plans to establish a new facility in Khalapur, Maharashtra to expand the company’s operations and have four times the area of its existing facility in Vikhroli.
Amazon Air makes adjustments to its flight operations by scaling it down in Europe while assuring an uninterrupted delivery experience.
The program aims to address the truck driver shortage in India and empower women in the industry with higher earning opportunities.
3SC’s SCAI platform receives recognition in Gartner’s 2023 Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain.
Pune Airport’s new integrated freight terminal hasn’t sent a single metric tonne of cargo in the last seven months.
The Biju Patnaik International Airport (BPIA) will handle international cargo with direct flights to Dubai, Singapore, and Bangkok.
Noida International Airport (NIA) will get assistance in automating and streamlining airport operations from SITA.
Etihad Cargo is all set to achieve its goal of shipping up to 500 tonnes of berries in upcoming months via its FreshForward system.
Qatar Airways Cargo’s perishables expertise has been confirmed through a thorough IATA CEIV certification process, leading to IATA CEIV Fresh accreditation.
Mustafa Tonguç takes on the role of Managing Director of DHL Express Germany, bringing extensive experience to the position.
ASAP Kerala and Cochin Shipyard have collaborated to provide skill development programs for marginalised youth in Kerala.
Vizag Port’s Visakha Container Terminal sets a new milestone, handling 4,035 TEU containers in a single day.
Union Minister of Civil Aviation announces daily flights between Chennai and Jaffna, enhancing trade and tourism prospects.
Northern Railways reports significant progress with 95 percent completion of the Katra-Banihal Railway Line, overcoming challenges.
EFL Global’s UK facility, Black Arrow warehouse will meet high-street retailer demand and provide logistics services.
Ukraine gains control of Russian-owned AN-140-100 aircraft, acquired from sanctioned company Rostec, amid ongoing investigations.
The infrastructure projects worth Rs 6,100 Cr in Telangana will commend the state’s contributions to India’s progress.
The facility located near Gurumajra, Manpura, will boost Prime Minister’s Gati Shakti Plan.
Caparo Logistics announces Kajal Bagchi as their new CEO, bringing extensive experience and strategic leadership to the company.
Adani Ports and Special Economic Zone (APSEZ) witnesses significant cargo handling growth in Q1 FY24.
DGCA and EASA join forces in a Memorandum of Understanding to collaborate on unmanned aircraft systems and air mobility.
IATA adjusts projections, expects Hong Kong’s aviation sector to recover to pre-crisis levels by 2024, lauds government efforts.
Nitin Gadkari, Union Minister for Road Transport and Highways, launches eleven NH projects worth Rs 5600 Cr in Pratapgarh, Rajasthan.
Yashpal Singh Tomar, an IIT alumnus, takes charge as Director (NPM) at RailTel, aiming to enhance revenue and drive digital transformation.
Vipin Vohra, Chairman-Continental Group, along with PHDCCI delegation, invites Minister for Global Aviation Summit.
With 8400+ successful package deliveries to date, DRONECO by TSAW Drones has covered an impressive total distance of 6920 kms+ and delivered a cumulative weight of 620 Kgs+.
IndiGo will add Baku to its extensive network from August 11, 2023, fortifying economic ties, diplomatic connections, and vibrant cultural exchanges between the two nations.
DCBA’s 39th AGM, conducted on June 25, 2023, discussed activities of DCBA during the last one year and future course of action.
The green, multi-client, Grade A warehouse with 5 Lakh sq. ft of storage space is set up on a 15-acre private campus in Mumbai and has a rainwater harvesting facility.
The newly launched label printers are ergonomically designed for the logistics, manufacturing, and retail sectors, ensuring increased productivity.
MSC has confirmed the ongoing nature of the discussions to acquire Italian cargo airline AlisCargo, according to recent reports.
Maersk increases rates on Asia-North Europe trade route as market conditions remain challenging. The move aims to sustain high-quality services.
The launch of B2B Express services across air and surface modes will offer businesses access to Ekart’s extensive network of first-mile, mid-mile, and last-mile transportation fleet.
FFFAI launches India’s first smart e-FBL initiative on CODEX platform, enabling seamless and secure freight forwarding operations.
Mobility Solutions receives Top Operational Performance Award from Alstom Transport India, recognising their excellence and commitment to supplying metro train parts.
UN Chief urges maritime nations to take immediate action, setting ambitious targets for shipping emissions to achieve net zero by 2050.
British Airways’ Chief highlights balanced growth and expansion plans in India amidst increasing air travel demand.
The India-Myanmar-Thailand Highway project is inching closer to realisation as it reaches 70 percent completion, fostering regional connectivity.
The government’s bold initiative to construct greenfield expressways is set to revolutionise the country’s transportation infrastructure.
The commerce ministry has called a meeting to address declining exports, as outbound shipments continue to shrink.
Jeena & Company boosts warehousing capacity in Mumbai with a state-of-the-art facility, catering to diverse industries’ storage needs efficiently.
TVS Motor Company has joined forces with Zomato to promote sustainable urban transportation by deploying 10,000 electric scooters for last-mile delivery.
The successful conclusion of TIACA Event Africa in Nairobi brought together 200 delegates to discuss African air cargo market intricacies.
Port management will revolutionise with a digital radar and camera network launch, bolstering safety and efficiency in shipping traffic across the port area.
Successful conclusion of Third G20 IWG Meeting in Rishikesh, Uttarakhand on 28th June, shaping sustainable infrastructure for G20 nations.
The Haryana government plans to set up 3 multimodal logistics parks in Palwal & Ambala districts to boost economic growth and attract investments.
Omni Air announces ACMI service for MIAT Mongolian Airlines, connecting Mongolia to Germany and Turkey during the peak summer season.
Austrian logistics firm strengthens German network with B+A acquisition, enhancing services in Nuremberg.
Prestigious International Annual Awards Program honors standout AI and machine learning solutions and companies.
The Supply Chain Management & Logistics Summit 2023 highlights India’s role in the global transformation of supply chain and logistics, paving way for global leadership.
Etihad Cargo launches the Pharma Champions program, enhancing pharmaceutical business with training and tailored action plans for improved service levels.
DHL Express Estonia plans a new logistics facility at Tallinn Airport, meeting growth demands with an advanced sorting system and improved service quality.
Delays plague the Mumbai-Goa highway widening project, casting doubts on the completion deadline despite promises and pending land acquisition issues.
Port Authority partners with CWC and SDCL to enhance cargo handling and support exporters through a new container station and warehousing facility.
Santa Marta International Terminal Company marks Tideworks’ 15th deployment of its next-generation marine terminal operating system.
IATA’s World Sustainability Symposium in Madrid to drive aviation decarbonisation. Global leaders discuss net-zero emissions and sustainable solutions.
NHAI plans to raise Rs 15,000 crore through InvITs in FY24, as part of its road monetization strategy, to enhance infrastructure funding.
Prime Minister Narendra Modi launched five Vande Bharat trains, including routes connecting Madhya Pradesh, Jharkhand, Bihar, and Karnataka, boosting regional connectivity.
The call to reduce VAT on aviation turbine fuel (ATF) will improve cost competitiveness and support the financial viability of Indian carriers.
Odisha gears up to bolster its aviation sector with the establishment of a groundbreaking Aviation Security Training Institute (ASTI).
Global leaders hail Air India and IndiGo’s massive aircraft orders, praising their contribution to job creation and aviation sector growth.
‘BLR Pulse’ is a digital travel companion that provides real-time updates and personalised assistance for an enhanced airport experience.
The Ministry of Road Transport and Highways plans to increase road construction targets by close to 40 km per day, as Gadkari is dissatisfied with the existing target.
As the new Managing Director, Malay will continue to provide strategic direction and oversee the company’s overall operations, focusing on delivering exceptional value.
Sushil will be responsible for large contracts acquisition, procurement of warehouses, procurement of transportation, and growth of the contract logistics business.
The IRGC Navy Commander declared that the ships passing through the Strait of Hormuz must provide their name, nationality, and cargo information in Persian language.
The Inland Waterways Authority will promote water transport, enhance connectivity, and boost economic growth in the state.
Ayodhya Airport’s phase 1 expects an operational licence by October, enabling commercial flights. The runway is equipped with advanced navigation systems.
The upcoming completion of the ‘Missing Link’ promises seamless and safer journeys on the Mumbai-Pune Expressway, shortening travel time.
The German supplier of Aerospace materials seeks to leverage the strategic location to service manufacturing units in India’s Aerospace triangle of Belagavi, Bangalore, and Hyderabad.
The Toyota advanced logistics company, Bastian Solutions’ new facility will be operational just outside Bangalore by October 2023.
Delhi Metro’s Airport Express Line speeds up to 110 Kmph, reducing travel time to T-3 from New Delhi station and bringing the airport closer to the city centre.
With 90 percent of construction completed and plans for cargo connectivity, Kerala’s ambitious Vizhinjam Port is set to be commercially commissioned in May 2024.
Global logistics giant FedEx plans to ground additional aircraft amid declining revenues and rising costs as part of its cost-saving initiative.
The inauguration of the control tower in India will enhance supply chain operations with business intelligence dashboards, predictive analysis, and more.
Electric buses in Delhi gather dust at a depot, exacerbating the city’s bus shortage. Only one bus runs on trial with technical issues.
Dr. Ivan Petrov and Shankar Shinde meet to shed light on their collaboration to benefit the logistics fraternity.
Former Union finance secretary Hasmukh Adhia has been appointed Chairman of GIFT City, GMDC, and GACL, replacing S. G. Mankad.
The inability of the terminal’s marine completion due to the monsoon can delay the launch of the water metro service to Fort Kochi.
As announced by the Union road transport minister, all AC truck cabins from 2025 will address driver fatigue and safety concerns.
SpiceJet temporarily suspends Puducherry-Bengaluru-Hyderabad flights, benefiting competitors and alternative travel options.
The civil aviation fleet has soared 75 percent since 2013, reaching 700 aircraft, and is projected to reach 1,500–2,000 in 5–6 years.
Restricting vessel entry temporarily, Reliance Industries has resumed operations at Sikka Port in Gujarat.
Pakistan has formed a negotiation committee to finalise a deal with the United Arab Emirates (UAE) for the transfer of the Karachi port terminals.
Allcargo Group Company, Gati, increases the scope of a wider scale of operations for businesses with the introduction of 1,000 pin codes.
Pragati, a leading developer of Grade-A industrial and logistics parks, has successfully entered the Chennai market with the acquisition of a 36-acre site in Sriperumbdur, Tamil Nadu.
Union Minister Nitin Gadkari lays the foundation for Karnal’s Rs 1,700 crore ring road project, promising improved connectivity and reduced congestion.
The Jawaharlal Nehru Port Authority (JNPA) welcomes its longest-ever visitor, the MSC Hamburg cargo ship, setting a new record for Indian ports.
Boeing projects global commercial airplane numbers to double by 2042, driven by strong growth in Asia-Pacific and China.
Yogi Adityanath directs the completion of the Ganga expressway and the setting up of an industrial cluster by December 2024.
JCBL-MSL bags orders worth 100 crores with the objective of elevating the quality of Indian trains.
IRCTC introduces a tourist train from Ahmedabad to provide travel experiences in South India.
Chanchal Kumar, an IAS officer will serve as the new Civil Aviation Secretary from August 1, succeeding Rajiv Bansal.
DFCCI completes a key leg of the Dedicated Freight Corridor, enabling seamless Bihar-Gujarat freight connectivity boosts efficiency and reduces transit time.
Qatar Airways Cargo becomes the first airline worldwide to achieve IATA CEIV Fresh certification, ensuring safe and efficient transportation of perishable goods.
Based on the latest market study by CLIVE Data Services, airfreight rates in May reached their lowest level since March 2020, raising concerns among airlines and freight forwarders.
The Karnataka government has objected to Adani Group taking over the Mangaluru Airport and has planned to seek clarification from the centre.
Punjab CM seeks Nitin Gadkari’s intervention for speedy completion of Jalandhar-Hoshiarpur road project.
T K Ramachandran has assumed the position of Secretary in the Ministry of Ports, Shipping, and Waterways (MoPSW), succeeding Sudhansh Pant.
MT37, a state-of-the-art portable data collector equipped with advanced 6th Generation technology, launched by Newland AIDC.
Cool Chain Association welcomes two new joinees – Switzerland-based Lamprecht Pharma Logistics and France-based Logfret.
Royal Schiphol Group has spread its wings and acquired a 40% stake in Maastricht Aachen Airport, propelling the Dutch cargo industry to new heights.
Five new Vande Bharat trains will be launched on June 26 as per Railway officials.
Falcon Autotech launched its ‘NEO – An ASRS that everyone can own’ to transform the warehousing landscape through unparalleled efficiency.
BlueDart has appointed VN Iyer as Group CFO, and Sudha Pai as CFO.
Wisetech Global and FIATA have renewed their partnership for the second consecutive year.
Foundation laid by Nitin Gadkari for 10 NH projects in UP will encourage investment and employment opportunities.
The Diamond Jubilee celebration of FFFAI held on June 9, 2023, addressed the theme of “FFFAI Transcending Boundaries”.
iThink Logistics ‘Dark Mode’ feature will bring multiple well-being benefits for its users.
Due to several industry trends Grade A warehouses are witnessing significant demand today.
India’s Gujarat coast operations suspended by authorities as ‘Cyclone Biparjoy’ develops.
The 49th Network Planning Group meeting pushes the Tripura roadways project for better connectivity within the region.
Tideworks successfully launches its virtual training device for terminal yard tractor (UTR) drives.
Present IndiGo CEO Peter Elbers has been chosen as the Chair-elect of IATA’s Board of Governors, effective from June 2024.
Kerry Logistics seeks after-sales services to the electronic and technology supply chain, enriching customer satisfaction.
SpiceJet will induct 10 new B737s from September this year to address the increased passenger demand.
ACAAI is the premier recognized National Association representing the air cargo industry in India.
The renowned logistics company Allcargo Logistics announces a 30% stake acquisition in Gati-Kintetsu Express (GKEPL).
On completion of the 1350-kilometre expressway, the current 24-hour travel time between the two cities will reduce to 12 hours.
The upcoming ‘Solution de Technology, Automation & Robotics’ conference will illustrate the transformative technologies that are reshaping the logistics landscape.
Air India SATS (AISATS), with AeroTech Support Services, introduces India’s first robotic dry wash service for aircraft exteriors.
The 8th edition of ‘The Matrix Global Summit 2023’ illustrated the game-changing role of DeepTech startups and Make in India enterprises.
The new liquid cargo berths 3 and 4, which the JN port authority developed with internal funds, are in need of an operator to equip, operate, and maintain them.
As the company’s new CEO and President, Sanjay Kumar joins InterGlobe Technology Quotient.
The Navi Mumbai International Airport (NMIA) will have a passenger capacity of 9 crore per year. The first phase will include four terminals and accommodate 42 aircraft.
The Federation of Freight Forwarders’ Associations in India will hold its Diamond Jubilee ceremony in New Delhi on June 9, 2023, with the theme “FFFAI Transcending Boundaries.”
Chinese items, which account for the lion’s share of low-cost Asian imports into the US, are likely to fall below 50% for the first time in over a decade.
Transindia Real Estate firm announced plans to sell a number of ventures and subsidiaries to the major global investment company Blackstone for around ₹400 crore.
IndoSpace Core, the logistics and industrial real estate vehicle, has bought the Amazon Fulfilment Centre in Hyderabad from GMR Group.
The French government’s decarbonization strategy, which includes a ban on domestic short-haul passenger flights over train routes, will have “no impact” on AFKLMP’s operations.
Willie Walsh, Director General of the International Air Transport Association (IATA), predicted that airlines would earn an average of USD 2.25 per passenger.
Government officials stated that a third airline is not permitted to use the seats under the bilateral agreement between India and Dubai.
Nitin Gadkari, Union Minister of Road Transport and Highways, laid the foundation stone for two national highway (NH) projects in Assam on June 5.
Maastricht Aachen Airport (MST) has been recognised by Turkish Cargo for its operational excellence, teamwork, and customer-oriented approach.
ShipEase plans to use the funds largely for technological developments and expanding their brand in the D2C sector.
Stellar Value Chain Solutions scaled up its warehousing capacity by an additional 2 million sq ft in May this year.
Blue Dart has planted more than 111,000 trees annually, which as full-grown trees, would collectively offset over 13,320 tonnes of CO2 per year.
Allcargo Group has made several strategic appointments at the top management level following the demerger.
MSRDC has formally selected 18 areas for logistics hubs, townships, and Krishi Samruddhi Kendras on Samruddhi Mahamarg.
The PKZ Group’s current business operations and staff will be transferred to the recently founded Hellmann Worldwide Logistics Slovakia starting in June 2023.
Preliminary figures on worldwide tonnages for the entire month of May show a drop of 6% from the prior year, which is better than the first three months and April.
The Rapid Regional Transit System (RRTS) would be used to transport cargo during non-peak hours as RAPIDX will connect Delhi with industrial towns and suburban areas of Haryana, Rajasthan, and Uttar Pradesh.
For the fourth quarter that ended in March 2023, Adani Ports and Special Economic Zone (APSEZ) reported a 2.63 percent increase in consolidated net profit to Rs 1,140.97 crore on May 30.
NorthLink Aviation and Kale Logistics Solutions collaborate to provide distinctive digital infrastructure for the airport in Anchorage.
The ruling followed a dispute filed by the European Union, Japan, and Taiwan against these duties in the WTO. On May 30, Japan expressed displeasure with India’s plan to appeal a WTO trade dispute settlement panel decision on import taxes on specific information and technology items.
The study noted 10 major changes, including supply-side policy reforms, economic formalisation, Direct Benefit Transfer, the Insolvency and Bankruptcy Code, a focus on FDI, and flexible inflation targeting.
On the heels of policy measures and reforms during the last nine years, the Union government said on May 30 that military exports have dramatically increased while imports have decreased.
The upcoming Noida international airport would include a multi-modal freight centre, as per the concessionaire deal signed between AISATS and Yamuna International Airport on May 31.
InvIT’s third tranche is expected to be released in June, and NHAI expects to make Rs 12,000 crore from this deal.
Amit Mehta has been appointed as Regional Manager for South Asia, the Middle East, and Africa at Malaysia Airlines.
Gati begins using co-branded alternative fuel vehicles for pickup and delivery.
The three global associations will collaborate to improve coordination among forwarders, handlers, and airlines in order to establish unified, high standards.
King Abdulaziz Port has been added by container liner MSC to the Upper Gulf Express shipping service, according to the Saudi Ports Authority (Mawani).
The demand for warehouse spaces in Tamil Nadu is rising, and newer locations are emerging in this space.
India has joined three of IPEF’s four pillars, but it is still only an observer in the trade pillar.
This is the latest setback for Gatik, which has already had to secure new flags for 36 of its ships after the St. Kitts and Nevis International Ship Registry deflagged them.
Vande Bharat will travel from Guwahati to New Jalpaiguri in 5 hours and 30 minutes, while the current quickest train takes 6 hours and 30 minutes.
In the next financial year, Snowman plans to amplify their 5PL business along with building on their technological capabilities.
The first freight drone airline in the world, Dronamics, announced that the first flight of its signature model was successful.
Union Road Transport and Highways Minister Nitin Gadkari urges stakeholders to make alternative fuels like green hydrogen available to people at cost-effective rates.
The Prime Minister dedicates newly electrified train lines to the nation and declares Uttarakhand a 100% electric traction state.
GALAXY, Kale’s high-performance cloud-based cargo handling system, will be phased in at several airports in the near future.
For a global brand, Kerry Logistics Network (KLN) has used sorting robots to increase sorting and delivery efficiency and satisfy the booming demand for e-commerce fulfilment.
Gati launched the Bike Express Service, intended specifically for professionals, students relocating to new cities, tourists, and bikers seeking independent mobility.
The state-of-the-art Integrated Consumer Goods Manufacturing and Logistics (ICML) plant at Khurda was inaugurated by Chief Minister Naveen Patnaik on May 22.
As per Delhivery CEO Sahil Barua, inflationary pressures could create a minor slowdown in the Indian e-commerce business, with growth rates of 15% to 20% expected for this FY.
The forthcoming policy would oversee significant ports and give them the right to, under certain circumstances, extend leases to current terminal operators.
By the end of 2024, Rajasthan’s roads would resemble those in the United States, making it a happy and successful state, according to Union Minister for Road Transport and Highways Nitin Gadkari.
By the end of June, SpiceJet plans to begin operating two international UDAN flights on the Agartala-Chittagong and Imphal-Mandalay routes.
Porter intends to invest $6 million in the UAE over the next three years.
The largest crowdsourced 3PL network in India, Shadowfax, joined the government-sponsored Open Network for Digital Commerce (ONDC) to offer last-mile deliveries.
To further strengthen bilateral relations, 20 Broad Gauge (BG) locomotives were virtually flagged off to Bangladesh in a handover ceremony held on May 23 at Rail Bhavan, New Delhi.
WFS enters India through the launch of cargo handling operations at Kempegowda International Airport, Bengaluru, India’s 3rd largest air cargo hub.
The Asian Development Bank (ADB) has authorised a $300 million loan to connect Nepal’s Kakarbhitta-Laukahi road to international trade routes, particularly those to India and Bangladesh.
The Hanogi-Jhalogi tunnels on the Kiratpur-Manali route in the Mandi district were opened but have not yet been officially inaugurated.
The Biden administration prohibited the export of a variety of consumer items to Russia and placed 71 companies on a trade blacklist.
GATI, one of India’s leading express distribution and supply chain management companies, has reported its unaudited financial results for the quarter ended March 31, 2023.
IndiGo’s additional international connections from Kolkata will be enhanced via new flights to Bangkok beginning on June 3, 2023, and Surat, Hyderabad, beginning on July 3, 2023.
CMA CGM Air Cargo has established a new freighter route between Paris, France, and Mumbai, India, as part of its new cooperation with AFKLMP.
Japanese Digital Minister Kono Taro stated that UPI is a “very convenient system of payment,” and the Japanese government is seriously contemplating joining India’s UPI payment system.
In its financial statements for the fourth quarter and the year ended March 31, 2023, Transport Corporation of India (TCI) reported standalone revenue growth of 18.96per cent and a net profit of 13.49per cent.
In the upcoming India Warehousing Show from June 14 to 16, 2023, at Pragati Maidan, New Delhi, around 230 suppliers will be showcasing the next generation of technologies.
New routes include Bengaluru-Dubai, Kochi-Bahrain, Lucknow-Dammam beginning June 1, and Ahmedabad-Jeddah beginning August 11, 2023.
The airline pilot union declared, “Our goal is to reach an agreement, not to strike.”
This mango season, Bangladesh air cargo carriers are likely to experience an upsurge as traders want to elevate the fruit’s exports this year.
Jupiter Wagons (JWL) will reopen Stone India, a Kolkata-based engineering firm, over the next six months after undergoing a modernization process.
Aviation industry veteran Sanjiv Kapoor has joined the Saudia Group as an advisor to His Excellency Ibrahim Al-Omar, Director General of the Group.
AI and automated ships pose new challenges in casualty liability, warns the chairman of the Association of Average Adjusters.
The Ministry of Ports, Shipping, and Waterways (MoPSW) ranked second out of 66 ministries in the extremely influential DGQI assessment for 2022-2023 Q3.
At Air Cargo Europe 2023, Kale Logistics Solutions releases a booklet titled Kale Shaping Sustainability at Airports.
Natasha Solano-Vesela joins as Global Airfreight Director, Perishables; she was previously with Maersk.
Hybrid Shifting Solutions India secures a US$2.5 million investment from Transworld International, with an additional US$10 million in cash and infrastructure support.
Piyush Goyal delivers the keynote talk at the business meeting with the Federation of Belgian Enterprises with a focus on the 4Ts of Trade, Technology, Tourism, and Talent.
Union Minister Sarbananda Sonowal will kick off the two-day conference at Munnar on May 21.
The government estimates that the carbon tax will affect India’s exports by 1.8per cent, or $8 billion.
The second Alternative Investment Fund will be utilised to make investments in the industrial and warehousing assets of Welspun One.
Farmers claim that the low cost of these imported apples, particularly Iranian apples, made it impossible for Indian apple farmers to compete and resulted in significant losses.
According to Commerce Ministry figures released on May 15, India’s exports to the UAE fell by 22per cent to $2.23 billion from $2.86 billion in April.
By means of the capacity sharing arrangement, Teleport plans to utilise the space on the world’s first A320 freighter, which is flown by Pradhaan Air Express.
Frankfurt will soon become one of the world’s most prominent e-commerce hubs.
The new allocation features in myCargo are expected to completely change how clients handle their online cargo allocations.
Piyush Goyal discusses modalities of engagement for working towards a comprehensive TEPA with EFTA representatives.
The first ministerial meeting of the India-EU Trade and Technology Council will take place in Brussels on May 16, 2023.
According to Bank of Baroda, India’s imports of Russian oil increased tenfold last year.
The cargo and logistics division of Etihad Airways, Etihad Cargo, has received an advanced rating for a key criterion in a BlueSky Sustainability Verification Programme assessment.
Domestic inbound and outbound cargo operations will begin in Jaipur, next to the airport’s terminal building.
MSCI announced last week that it would reduce the free float of two Adani Group entities, Adani Total Gas and Adani Transmission.
With COSCO Shipping Specialised Carriers, GSBN has successfully executed a proof-of-concept (PoC) integrating the electronic bill of lading (eBL) for cargo discharge at Qingdao Port.
It is necessary to review ongoing railway projects to ensure economic efficiency and openness in operation, which will contribute to good governance as per CAG Murmu.
Narayan Rane urged global and domestic firms to continue to invest in India, which is on track to become the world’s third-largest economy.
The operation of freight trains in India has been increasing year-on-year and touched five lakh rakes in the just concluded financial year 2022–23.
The climate group has withdrawn its support for Adani Green, Adani Transmission, and Adani Ports and Special Economic Zone.
“Harit Sagar Guidelines 2023” call for the integration of ecosystem dynamics into port development, operation, and maintenance.
Ministers at MDTI discussed revamping and relaunching the CEO Forum between Canada and India.
PM laid the foundation stone, inaugurated, and dedicated to the nation; projects worth over Rs. 5500 crores on May 10, 2023.
With development of Sittwe Port, shipping products between Kolkata and Agartala and Aizwal will cost and take 50per cent less time.
Technology adoption and the inclusion of additional services have transformed India Post into a modern and diverse service provider.
India-UAE bilateral trade touched an all-time high of USD 84 billion in FY 2022–23 after the India-UAE CEPA was implemented, says DPIIT Secretary
With the addition of two Boeing 747-400Fs to its fleet of freighters, Emirates SkyCargo plans to double its current capacity over the next ten years.
Shantanu Thakur, Minister of State for Ports, Shipping, and Waterways, flagged off the vessel ‘M.V. MSS Galena’ from V.O. Chidambaranar Port as the direct shipping service between Tuticorin and the Maldives.
The South-Central Railway (SCR) Secunderabad division has chosen to build a new Gati Shakti Multi-Modal Cargo Terminal (GCT) near the Gadchandur station.
BPI Airport in Bhubaneswar has installed a 4MWp ground-mounted solar power plant in the operational area, making it one of India’s few airports that is completely sustainable.
Between April 2022 and January 2023, India imported around 600 tonnes of gold, a decrease caused by high import taxes, as per experts.
The collaboration between LSC and FFFAI would provide a big push for skill development initiatives pertaining to the logistics industry in India.
Deutsche Post DHL Group observed a significant reduction in airfreight volumes in the first quarter of 2023, which it attributed to “normalisation of market conditions.”
With the launch of its digital freight booking and management platform, Tiger Logistics intends to revolutionise the global logistics sector in India.
The safety app ‘i-Report’ will be available in over 200 locations across 22 states and will be manned 24 X 7, by 1000+ trained operators.
In five to six years, the food and beverage industry is expected to grow to a Rs 5,000 crore business, stated Mohit Malhotra, CEO of Dabur India.
The India-UAE CEPA beat virtually all other FTAs in terms of utilisation between May 2022 and March 2023, based on a Commerce Department report.
BizAmp, an outreach programme aiming at boosting MSMEs in the Northeastern states, was organised on May 4, 2023, at Dimapur, Nagaland.
In its Logistics Performance Index (LPI) Report for 2023, the World Bank said that JNPA turnarounds container ships in 22 hours.
Award-winning Atlanta-based logistics company Vector Global Logistics strives to serve as a one-stop shop for clients’ show freight needs.
The Air Cargo Forum India (ACFI) held its annual conclave at the Le Meridien Hotel in New Delhi on May 3, 2023, with the theme “Cargo Udaan- Connecting and Empowering Indian Skies.”
India has been working hard to improve connectivity both within and beyond the country. This is one of a few international efforts involving India, and it is part of India’s international strategy.
To conduct a trial run for a facility at Sittwe in Myanmar, a cargo ship will be flagged off from the Kolkata port now known as Syama Prasad Mookerjee Port (SMP) on May 4.
Railway Board Chairman Anil Kumar Lahoti announced on May 3 that the nation’s first hydrogen train is being developed and efforts are being made to start trials as soon as possible.
The airport, which would be located around 50 kilometres from Visakhapatnam, will have a capacity of 60 lakh passengers per year and is projected to be completed in 36 months.
Since its founding in 1963, IIFT has actively pursued all opportunities to develop itself as a recognised centre of excellence in global trade and commerce.
At the 16th IATA World Cargo Symposium (WCS) in Istanbul, Turkey, LATAM Cargo and Swiss Airtainer (SAT) were named the recipients of the IATA Air Cargo Innovation Awards for 2023.
The government has reduced the windfall tax on crude oil from ₹6,400 per tonne to ₹4,100 per tonne.
The China Merchants Group’s $392 million investment in a sizable logistics complex at Colombo Port marks the country’s first significant foreign investment since its recent economic crisis.
Spread over 4 lakh square feet, the new fulfilment centre will further strengthen Flipkart’s supply chain infrastructure in the state.
As per the World Bank’s Logistics Performance Index Report for 2023, India’s average container dwell time is only three days, compared to four to ten days for other nations.
Gadkari calls upon SCO Member States to collaborate on research and development for effective solutions to contemporary challenges in the road transport sector.
A strong, stable, decisive, and transparent government is the key to achieving our Hon. PM’s goal of making India a $5 trillion economy by 2025, stated Union Minister.
A comprehensive agreement known as CEPA was signed on February 18, 2022, and it became effective on May 1 of the same year.
The Gem & Jewellery Export Promotion Council (GJEPC) hosted the 49th India Gem & Jewellery Awards (IGJA) in Mumbai, with Union Minister Piyush Goyal as honorary chief guest.
The Minister for Road Transport and Highways said in an official statement that NHAI is creating world-class “Wayside Amenities (WSA)” at more than 600 spots along the National Highways.
Shankar Shinde’s selection to the Board of Governing Council would strengthen LSC’s ground-level reach in the end-to-end logistics business of PAN India.
The Transport Corporation of India Group (TCI Group) has partnered with IIM Bangalore to develop the TCI-IIMB Supply Chain Sustainability Lab.
Edward’s tenure began in April 2023, and he will be responsible for managing GMR’s cargo operations in New Delhi, Goa, Hyderabad, and all upcoming airports.
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 container shipping giant announced on Tuesday that it had stopped taking fresh bookings of goods for Sudan due to ongoing violence in the country.
The airline will own a fleet of ATR-72 aircraft with 76 seats. It will begin operations in the last quarter of 2023 with three aircraft and then scale up to six.
The inauguration date is yet to be finalised. Union Minister Nitin Gadkari will inspect the expressway before launch.
India’s largest expressway, 1,386 km long, is being built between Delhi and Mumbai, while the Delhi – Dausa – Lalsot section of this expressway is already operational.
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 Curtain Raiser was held at New Udaan Bhawan, New Delhi, and was attended by the Board of ACFI, along with the who’s who of the logistics industry.
On Friday, the Ministry of Civil Aviation started inviting bids from airlines for many routes under the fifth round of its regional connectivity scheme, UDAN.
The Union Minister for Ports, Shipping and Waterways inaugurated on Monday the National Technology Centre for Ports, Waterways and Coasts (NTCPWC) to bolster Make in India tech solutions.
The two major infrastructure development projects to boost the runway handling capacity from 35 to 45 flights per hour are nearing completion.
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.
Bureau of Civil Aviation Security (BCAS) gave the approval for the self-handling of outbound cargo by IndiGo.
Union Minister Sarabananda Sonowal announced on Sunday that the corridor will boost maritime trade between the two nations.
The 22-kilometres-long bridge, proposed over four decades ago, is targeting inauguration by year-end. The 18,000 crores bridge will link Sewri with Nhava Sheva.
Road construction was completed for 50,555 kilometres in 2022-23 from 30,692 kilometres in 2015-16, including 2,506 kilometres border roads.
The salaries of pilots and cabin crew has been revised effective April 1, 2023. The airline plans to hire over 4,200 trainee cabin crew and 900 pilots this year.
The oil company’s Eastern Trade arm pledged to work with the port authority to develop charging infrastructure to reduce emissions from vessels.
The national carrier may soon sport a new colour scheme, changed interiors, a new uniform for the cabin crew, and a female mascot to accompany the Maharaja.
Freight forwarders are pushing for enhanced data protection and confidentiality standards in digital trading and booking systems.
The Union Minister gave the nod to building Oil Jetty Number 9 to handle all kinds of liquid cargo at Kandla on a BOT basis under PPP Model.
Country’s overall gem and jewellery exports rose slightly by 2.48 per cent to cross ₹3,00,462 crores in 2022-23.
The Austrian logistics giant could fetch around USD 1 billion through the deal.
The drone tech startup aims to provide swift and efficient delivery of medicines at patients’ doorsteps while also cutting down on the delays caused due to traffic.
The Punjab Cabinet Minister stated that the Public Works Department (PWD) allotted the construction tenders, and civil works worth ₹46.91 crores had begun.
Y S Jagan Mohan Reddy, the state Chief Minister will lay the foundation for the greenfield port on April 19.
The two nations have agreed to boost combined efforts in renewable energy, ports, shipping, infrastructure, tourism, pharmaceuticals, food processing, and defence.
The state-owned airport operator searches for new places to deploy its workforce and secure a revenue stream as the government intends to privatise top 25 AAI-owned airports.
Union Minister Jyotiraditya M Scindia was speaking at the 8th National Leadership Conclave hosted by the All India Management Association (AIMA), New Delhi.
The move will help the group unlock value and utilise its retail business’s backend warehousing and related logistics assets.
The Dubai-based government-owned global port operator appointed Nath as the CCO to drive all logistics businesses in the Indian subcontinent.
The rail connectivity will carry freight and passengers and run between the two airports via Bijwasan, Gurugram, Garhi Harsaru – Sultanpur – Farukhnagar – Jhajjar.
The two ministers discussed the state of economy and commerce in the two countries, the existing investment scenarios and mutual topics of interest.
Four tunnels will be built between Rohtang and Ladakh. A route is being built from Kargil to Leh that joins the Zojila and Z-Morh tunnels.
The southern railway line reached an originating freight load of 46.7 million tonnes in 2022-23, the first in 15 years.
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.
The Minister spoke at an event hosted by the think tank, Icrier, where it was pointed out that NCAER in 2019 estimated the logistics cost at 8.8 per cent of GDP.
The proposed new highway between Gandhidham and Maliya is expected to shorten the travel time and distance.
India’s e-commerce logistics shipments and direct-to-consumer (D2C) brands witnessed growth in Tier 2 plus cities. The industry could log over 10 billion shipments by FY 2028.
After talks with Adani representatives, the state government decided to rename the Vizhinjam port as Vizhinjam International Seaport from the earlier Adani Port.
The rapid execution of doubling work has boosted cargo movement on multiple routes. 14,680 freight-carrying rakes were unloaded during the fiscal year 2023.
Cochin International Airport Ltd (CIAL) will receive the new cargo terminal as the construction nears completion and is expected to be inaugurated in September 2023.
Prime Minister Narendra Modi virtually flagged off the Vande Bharat Express from Jaipur to New Delhi via video conferencing.
The new centre will supply automation products like AC Drives, PLC, HMI, Servo Systems, and Temperature controllers designed by Fuji Electric Japan.
Chief Minister YS Jagan Mohan Reddy will lay the foundation stone for the upcoming airport in the Srikakulam district of Bhavanapadu village this month.
The ground handling company will meet Air India’s requirements and possibly other carriers’ demands.
Highways Ministry’s data shows around one-third of these projects are being constructed in Uttar Pradesh, Maharashtra, Karnataka, and Bihar.
This move will enable the Gujarat Infrastructure Development Board (GIDB) to jointly undertake infrastructure development projects through the PPP mode.
The newly appointed Chairman of Mormugao Port Authority (MPA), Dr N Vinod Kumar, shared the Port Authority’s aim to reduce its cargo operations’ impact on the environment.
The Central Board of Indirect Taxes and Customs issues the Certification to recognise business entities that comply with World Customs Organization’s SAFE Framework.
The cold supply chain marketplace raised Series A funding led by IvyCap Ventures; will focus on smart tech adoption to organise the sector.
Before his appointment, Maheshwari led Renewable Energy and Green Hydrogen Ecosystem Development for Reliance Industries.
The air express and ground logistics service provider commenced operations in October 2021 with ₹100 crores seed funding from IIFL and Smiti Holding and Trading.
Shyama Prasad Mookerjee Port transferred 15 per cent of cargo operations to private players and will curb its scope of operations to only maritime in the future.
Spread over 1.48 lakh square feet, the warehouse has 61 bays with dock levellers to manage around 200 trucks daily and a monthly throughput capacity of 150 thousand tonnes.
Brihanmumbai Custom Brokers Association highlighted the challenges with the non-payment of customs duty on the recently launched portal in their report.
The new 7.2-kilometres-long superhighway will be constructed on the existing four-lane Kona Expressway (NH117). Rail Vikas Nigam will complete the project in ₹720.6 crores.
The airport will pause all flight operations on the afternoon of May 2 to accommodate pre-monsoon repairs and maintenance work on its runways.
Global traffic scaled 89.7 per cent in February 2023 against February 2022, led by the Asia Pacific region.
The Union Minister made the announcement during CII’s International Conference on Advanced and Short-Haul Air Mobility for All (ASHA): Technologies for Ease of Transport.
The freight revenue logged on March 28th is the highest ever for the division, a 27.43 per cent rise over the total freight revenue logged during the financial year 2022.
Camille will join the Group’s executive committee chaired by Marie-Christine Lombard, the Chief Executive Officer of GEODIS.
The new highway will facilitate faster transportation of regional fruits and other produce from the Konkan area.
The air cargo veteran held leadership positions for the Swiss Air Cargo Division in Mumbai for nearly four decades.
Liladhar Pasoo’s warehousing arm became the preferred warehousing partner for top speciality chemical brands.
The Marketing and Finance professional with over two decades of experience managing P&L has been brought in to enhance business growth.
The FFFAI Chairman, Shankar Shinde, and MIFFA Chairman, Dr Aye Aye, signed the MOU in FFFAI’s Mumbai Headquarters.
The Vande Bharat Express train will run between Bhopal and Delhi to cover a 708 km distance in 7.45 hours.
Tata Advanced Systems will manufacture these doors in their new facility in Hyderabad. Each shipset will have one bulk cargo door and two cargo doors.
The UAE carrier is not concerned about competition from Indian carriers expanding aggressively to global destinations. It believes such competition will drive innovation.
The new Policy comes into effect on April 1, 2023, and has no end date. It will be updated as and when needed.
The Union Minister for Ports, Shipping and Waterways unveiled the app on Friday to give real-time updates to exporters, importers, and customs brokers.
APM is among the largest operators at Rotterdam Port and runs a kilometre-long quay in the city for serving the deep sea container ships.
The logistics software solutions provider hosted the event in New Delhi between March 27 and 29, 2023, led by Co-Founder and Director, Jasraj Chug.
Temporary parking and drop-off area are ready for operations. Bus, cab, and metro will be clubbed under one roof at the airport, leaving passengers’ commuting troubles unresolved.
Union Minister Sarbananda Sonowal said this development will boost regional development and strengthen eastern India’s trade across Bangladesh, Bhutan, India, and Nepal.
The Shipping Minister, Sarbananda Sonowal, announced the centre’s plans to operationalise the initial Green Tugs at all major ports by 2025.
The Union Minister will launch 31 highway projects worth ₹13,296 crores, including 21 in Ranchi, for an investment of ₹9,453 crores.
Union Minister Jyotiraditya Scindia inaugurated the flights and announced extending the runway to accommodate Airbus A320 and Boeing 737 aircraft.
The railway line connecting Kashmir Valley with the rest of the country is expected to be completed this year, ready to receive the Vande Bharat trains by next year.
The Senior Road, Transport, and Highways Ministry officials confirmed the government’s plan to bid out 6-7 multi-modal logistics parks in the financial year 2023-24.
The airline will operate two flights a day, four days every week; Tuesday, Thursday, Friday, and Sunday.
The transhipment cargo moved across the Bangladesh-India border at Benapole-Petrapole and reached Delhi International Airport to fly to Spain.
The Ministry of Civil Aviation (MoCA) encouraged the use of Sustainable Aviation Fuel (SAF) and other initiatives to reduce carbon emissions at airports.
The Tata Group-owned national carrier is upgrading its systems and planning to enhance its collaboration with international airlines.
The night navigation facility coming up at Kolkata dock and the ₹450 crores Balagarh Terminal are expected to boost the trade at Kolkata Port by 30 per cent.
The freight forwarders body has also nominated Kumar, Assistant Marketing Manager, for FIATA YLP-YIFFA 2023 from India.
Russian Railways Holding has shown keen interest in supporting Indian railway projects’ modernisation drive.
As air travel demand rose 54% year-on-year in February, the central government plans to revamp existing and build new greenfield airports by 2025.
The state government on Saturday launched the policy to boost infrastructure development, logistical cost reduction, and draw participation from the private sector.
The French-Japanese automotive alliance signed an agreement with Kamarajar Port to export cars made by Renault Nissan Automotive India in Chennai.
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 railway stations at Ajmer, Abu Road, Alwar, Asalpur, Balotra, Bandikui, Dausa, Chittorgarh, and Jobner, to receive the upgrade.
The state-owned ship-building facility bagged the order to construct world’s first zero-emission feeder container vessel from Rotterdam-based Samskip Group in a ₹550 crore deal.
Union Home Minister, Amit Shah, visited the city on Saturday to hand over the gazette notification permitting the airport to receive immigration and customs facilities.
The leading aviation advisory and research practice will host over 300 senior executives from the Indian aviation fraternity at Hyatt Regency, New Delhi.
The national transport company intends to increase its share of the total domestic cargo movement from around 27 per cent to 45 under its national rail plan.
The Middle East’s largest alternative asset holding company believes India’s manufacturing goals and the eCommerce demand will fuel the logistics industry.
The Association celebrated the occasion on March 8, 2023, at its Headquarters in Mumbai, with FFFAI Women’s Wing members attending in person and online.
The German warehousing and intralogistics giant opened its new facility in Maharashtra with an equipment and spare parts warehouse, workshop and training centre.
Haryana Chief Minister, Manohar Lal Khatter, announced on Sunday while addressing the audience at the Haryana Krishi Vikas Mela in Hisar.
Shazul was earlier Director, Fast Logistics, and handled several complex assignments for their Indian and global operations.
The Railways Minister attended the CII Partnership Summit 2023 and applauded the budget allocation of ₹2.40 lakh crores that will change the productivity of the Indian economy.
UAE’s Minister of Economy, Abdulla bin Touq Al Marri visited the Hind Terminals Logistics Park in Palwal, Haryana, to review the hub’s current operational scenario.
The terminal faced congestion due to berth closures at other ports and missed vessel schedules because of some events in China. The port authority plans to install a container scanner at the parking plaza to speed up the movement.
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.
Sunil Barthwal, Secretary, Department of Commerce, announced the plan to launch the new Foreign Trade Policy 2022-27 by March end.
CONCOR, Adani Ports, JSW Infrastructure among the ten entities to sign an EOI to build, run a container transhipment port at Galathea Bay in the Great Nicobar Island.
The drone tech startup aims to hire more drone pilots, designers, technicians, and operations heads by the year’s end.
India’s First RA-3 Certified an Off-Airport Facility Status Received by Continental Carriers for AFS
Continental Carriers Air Freight Station in Kapashera, New Delhi, becomes the first facility to be RA-3 certified, an off-airport common user facility by the European Union and the United Kingdom.
Gati extended its last-mile delivery partnership using EVs with IKEA in Bengaluru. It aims to fully convert its pickup and delivery fleet to EVs by 2025.
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.
The event held at the Taj, MG Road, Bengaluru, was attended by dignitaries from the customs, aviation, and logistics fraternity.
Chairman-Managing Director, CONCOR, Kalyana Rama, inaugurated the facility. It has a capacity of 4,416 pallets, equipped with the latest machinery and technology.
CONCOR’s wholly owned subsidiary, Fresh and Healthy Enterprises Limited (FHEL) launched Haryana’s largest modernised cold storage facility, over 30,860 square feet.
The Transport Services Sectional Committee, SSD 01, under the Bureau of Indian Standards, published the safety guidelines for dangerous goods transportation.
The two nations signed the MoU on forming the semiconductor supply chain and innovation partnership under the outline of the India-US Commercial Dialogue.
Transport Corporation India’s Safe Safar initiative to educate drivers across Delhi-NCR and pull them into the limelight is drawing crowds.
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.
Sutch served as CMA CGM Air Cargo’s Chief Commercial Officer based in Marseille. Before that, he worked with Cathay Pacific Airways for five years in Mumbai.
The airline partnered with the IT firm, CargoAi, to use the latter’s CargoGATE solution to launch its e-booking platform by mid-2023.
The Association announced last week that new incentives, investment programmes are needed to meet Sustainable Aviation Fuel production and usage targets.
Sumita Dawra, Special Secretary, Logistics Division, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, delivered the inaugural address.
The move aims to strengthen the company’s position in Contract Logistics and facilitate synergies with the express logistics division under Gati.
Air India, Air India Express, AirAsia India to fly all-women crew flights to celebrate Women’s Day and the 90th anniversary of Bharat Ratna JRD Tata’s first commercial flight.
The two-decades-old supply chain logistics providers announced on Thursday their plans to increase the female force to create a more diverse and balanced employee strength.
He stressed the need for an integrated process to accurately assess the demand for construction materials and skillsets needed for growth in the infrastructure sector.
Indian Ports Association recorded an 11.79 per cent year-on-year increase in cargo traffic to reach 65.45 million tonnes in February 2023.
JSW Infrastructure Limited will sign an MoU with the Andhra Pradesh state government to build and operate two cargo berths at the upcoming Ramayapatnam Port for 30 years.
Cochin International Airport Limited (CIAL) announced the latest addition to its summer schedule with 282 new flight operations per week.
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.
Tamil Nadu government will provide additional land to the Airports Authority of India (AAI) for building the proposed airport.
Rajiv Jalota, Chairman, Mumbai Port Authority (MbPA) and Indian Ports Association, has assumed additional charge of Director General of Shipping, succeeding Amitabh Kumar, IRS.
The Saudi Ports Authority (Mawani) announced that cargo operator MSC will add Jeddah Islamic Port to the East Africa – Red Sea and Red Sea shipping services route.
The trade industry, especially the automotive industry, is shifting from air to sea freight due to cheaper rates and improved sea reliability.
Adani Group is planning the upgradation of Lucknow’s Chaudhary Charan Singh International Airport (CCSIA). Phase I of the new terminal is expected to be ready by October 2023.
The Network Planning Group, formed under PM GatiShakti in October 2022, approved these big projects from different ministries.
Ministry of Road Transport and Highway (MoRTH) announced on Tuesday that the three-phased project has been awarded to GR Infraprojects Limited.
Gurugram-based industrial group has raised the amount from a Singaporean private equity fund and bid adieu to the existing financial associate, Morgan Stanley.
SOGEPP approached HAROPA PORT to increase river traffic to and from Gennevilliers. The goal is to develop this traffic between Normandy’s seaports and the Paris area.
Both released whitepaper addressing the uncertainty around the soon-to-be mandatory platform and push maritime industry to prioritise digitalisation to enhance efficiency.
Dr Pushpendra Pratap Singh, Country Head of the logistics giant, attended the Ms Ridz Dime Darrel Award Ceremony on February 17th in Mumbai as a Chief Guest.
The Union Minister for Housing and Urban Affairs and Minister for Petroleum and Natural Gas facilitated the duo at a ceremony this week.
The railway ministry is expediting the launch of hydrogen trains worth around ₹2,800 crores.
The Union Minister for Road Transport and Highways approved the construction of highways in Andhra Pradesh and West Bengal worth ₹1,292.65 crores.
In a bid to reduce France’s carbon footprint, the Elisabeth Borne government plans to expand and upgrade the country’s rail network.
The owner of Svelland Capital predicted that the industry could have a record year based on how things are moving in the shipping industry.
The port runs around the year and is working with IIT Madras to employ enterprise-level business software for digitising its operations.
The decision will assist the carrier in providing complete services to passengers of AirAsia India domestic to international flights of other airlines.
The cargo club is organising this year’s annual event at Bel-la-Monde, Rangpuri, Delhi.
Air India, AirAsia, Vistara, and IndiGo are contemplating making the Noida International Airport their transit hub for the Asia Pacific region.
This is expected to resolve the ultra-long-haul flights getting cancelled or delayed due to crew shortages.
The aircraft manufacturer had to stop deliveries of the 787-passenger jets after its supplier highlighted issues with a part near the airplane’s front.
One of India’s leading logistics companies, Bobba Group, opened the doors to its advanced tech micro-warehousing facility in Bengaluru on Friday.
RBB Ship Chartering Private Limited’s fully-owned subsidiary RSCPL (IFSC) Private Limited, becomes the first company to get a Ship leasing license in GIFT City.
The Cabinet Minister, Suresh Khanna, announced about the infrastructural development in his budget 2023-24 speech on Wednesday.
The agreement will facilitate seamless and advanced connectivity while offering commercial growth opportunities to the airlines of both the nations.
The land is next to Yamuna Expressway and will house the Central Industrial Security Force (CISF) who will look after the security of the upcoming international airport.
DGCA has directed all aircraft operators to set up Standard Operating Procedures (SOP) including a ‘no destination alternate’ to ensure safety of their commercial flights.
The country exported merchandise and services worth USD 641.24 billion in the current fiscal till January, while the imports stood at USD 753.19 Billion in the same period.
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.
The move comes while EV Cargo has been on an acquisition spree lately, securing a 60 per cent shareholding of Allport Netherlands and Fast Forward Freight last year.
This was a 9.2 per cent jump from December 2022 and pushed the share of Russian crude to 28 per cent from earlier 0.2 per cent of Indian oil imports.
CM Shivraj Singh Chouhan announced that the expressway will run from Bhopal to Singrauli via Damoh, Katni, Rewa, and Sidhi.
The Japanese cargo drone and flying car maker, SkyDrive, is approaching potential partners for entering the Indian drone logistics market.
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.
Over the next two years, several domestic carriers, including Indigo, are planning to order 1,000 – 1,200 aircraft.
The Syama Prasad Mookerjee Port handled 54.254 million tons of cargo in the first three quarters of FY 2023, a jump of 14.75 per cent over last year.
The Network Planning Group (NPG) under PM’s Gati Shakti has given the green signal to three projects to double the lines between Maharashtra’s Aurangabad and Ankai.
The fastest-growing packaging enterprise, Ardour Group, has entered flexible packaging. This packaging type uses non-rigid materials for better economical and customisable options.
Scoot will become Singapore’s first carrier to operate this 112-seater aircraft. The move will drive growth and enhance their network connectivity.
Around 150 senior representatives from the logistics industry are expected to grace the occasion with their presence. The event will be held at the Taj, MG Road, Bengaluru.
The Tacoma-based stevedoring company joined the global association of cargo handling service providers as a new corporate member earlier this month.
The two companies entered a partnership on February 15th, 2023, to develop innovative drone solutions for several industries.
Mr. Marine is known for marine elevators, gas detection, and ballast water treatment markets.
The joint venture between Tata Group and Singapore Airlines recognised the freight forwarder’s contribution to its domestic carrier, Vistara’s annual cargo movement.
The DCSA members will convert 50 per cent of the original bills of lading to digital within the next five years to save costs.
The Asian carrier will deploy iCargo as the new software to manage its cargo handling operations.
International and domestic shipments rose by 14 per cent. Domestic shipments of roses rose 31 per cent year-on-year to 178 tons, or 6.6 million rose stems.
The move is backed by Indian Oil’s take-or-pay deal to build the facility in Andhra Pradesh’s port. The port’s five lakh capacity will be underwritten by the oil major.
The Southeast Asian nation plans to increase the number of its civil airports from 22 to 20 to promote tourism and international trade.
The American aerospace giant plans to stock spare parts for speedier delivery to its customers in the country, including commercial and defence aircraft.
The senior executive joins the global air charter specialist from Inflite The Jet Centre, with whom he was posted at London Stansted Airport.
The airline has struck deals with the two airplane manufacturers in historic agreements worth USD 80 billion.
Last year, Union and Civil Aviation Minister Jyotiraditya Scindia appealed to eight states to reduce the VAT to allow proper recovery of the travel sector post-pandemic.
The state government’s new warehousing and logistics policy is set to encourage the private sector to transform the supply chain scenario in the area.
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 move comes as part of the agreement between Kerala government and Adani Ports to build the breakwater facility at the Thiruvananthapuram port.
Yamuna International Airport Private Limited (Noida Airport Operator) has selected the airport services company to design, build, finance, and operate the cargo hub in Jewar, Uttar Pradesh.
This is the third non-stop route for the national carrier between Mumbai and USA. The other two routes are Newark (EWR) and San Francisco (SFO).
The FFFAI Chairman was unanimously elected as the Chair of the International Federation of Customs Brokers Associations (IFCBA) in the AGM held on February 8th.
The Software provider has signed separate agreements with the GSSA, Airnautic, and the GSA, A.D. Aviation, to integrate its ERP platform with their existing software.
The integrated temperature-controlled logistics provider opened its first advanced A-Grade dry warehouse in Shoolagiri, Tamil Nadu, for storing, distributing hazardous chemicals.
Ministry of Railways is constructing Eastern and Western Dedicated Freight Corridors (DFCs) and has spent ₹92,957 crores till December 2022 on the project.
Agricultural and processed food products exports rise by 13 per cent to USD 19.7 billion and processed fruits and vegetables by 30.36 per cent to USD 1472 million by December 2022.
The Indian IT Logistics company powered the cargo management system for the newly launched airport in Goa to support sustainable operations.
Gati recorded the highest-ever quarterly revenue of ₹379 crores in Q3 FY23. Their Express business clocked ₹1,114 crores till December 2022, growing by 20.7 per cent against FY22.
Indian refiners’ intense negotiations managed to import the fuel at discounted rates, thus making Russia the top supplier of crude oil for the fourth month.
The shipping giant joins the list of shipping lines scrapping and selling off old vessels for recycling to correct the losses suffered during the pandemic.
India’s lack of infrastructure is expected to be corrected with an investment of ₹1,00,000 – ₹1,25,000 crores under the Maritima India Vision (MIV) 2030.
Samsung and Xiaomi enjoy a 23 per cent and 21 per cent market share, respectively, as the uber-premium smartphone segment witnesses over a 95 per cent hike year-on-year.
On Monday, Sarbananda Sonowal met with Qatar Transport Minister Jassim Saif Ahmed Al-Sulaiti in New Delhi to strengthen the port interaction and bilateral maritime cooperation.
The two companies have signed an agreement to dredge the stretch in the region, covering the areas of Brahmaputra, Barak, Dhansiri, and Kopili rivers.
Surat (STV), Bagdogra (IXB), and Bhubaneswar (BBI) to be served by Air Asia India. The move comes after Air Asia India was fully subsidiarised in November 2022.
The project that shall resolve many of the city’s traffic woes is 83per cent complete.
The eastern railway zone crossed 200.4 million tons, thus achieving its target for the current fiscal in less than a year.
AAI and other airport operators have major plans to build new airports and expand the existing ones by 2025.
The hub witnessed a jump in passenger traffic and cargo volumes in CY 2022 due to resumed airline operations worldwide.
Ministry of Ayush and the Ministry of Skill Development and Entrepreneurship have adopted the Master Plan.
KSH Logistics’ Operations Head, Deepak Tiwari, opens up on the recent budget and what it holds for the industry.
The government is expected to replace Foreign Trade Policy (FTP) with a vision statement on foreign trade, focusing on trade-oriented long-term goals.
‘Bright Star’ Budget 2023 Opinion by Debajyoti Bagchi, Vice President, Trucking & Air Cargo Charters
The current budget puts India on the path to sustainable economic development through investments in infrastructure, AI, women empowerment, and digitisation.
The two companies have signed a contract to develop and maintain a fairway on national waterways in the North East at an estimated cost of ₹204.50 crore.
The terminal operator to build, operate, and maintain the terminal at Tuna-Tekra via a public-private partnership on a Build-Operate-Transfer (BOT) model.
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.
According to the Union Ministry of Civil Aviation, the sector lost more than Rs 12,479 crores in FY 2020–21, and Rs 11,658 crores in FY 2021–22.
Ashok Leyland’s anticipated ₹2,000-cr investment under PLI will include some manufacturing of electric and hydrogen technology.
As per the Survey, total budgetary assistance for investments in the industry has been rising quickly over the last four years and was approximately 1.4 lakh crores for FY23.
The new benchmarking tool takes just seven minutes to provide firms with specific information and suggestions on the level of last-mile operations maturity.
See what leaders of the logistics industry are saying about the 2023 Union Budget Revealed by the Finance Minister Nirmala Sitaraman on Feb 1, 2023.
Turkish Cargo is now available on CargoAi’s marketplace solution (CargoMART) for users in four countries.
Finance Minister Nirmala Sitharaman presented the last full budget of the second term of the Modi government on Tuesday. She focused on 7 key areas while also mentioning significant growth areas for the automobile, road transportation, and energy sector.
Finance Minister Nirmala Sitharaman mentioned seven major sectors that the union budget focuses on. And, one of these was infrastructure and logistics.
Adani Group recently took over one of Israel’s biggest commercial ports i.e., the Haifa Port, responsible for handling half of the country’s container cargo.
One of the biggest integrated logistics companies, Maersk recently entered into a strategic partnership with berlin-based Cozero to improve the emission visibility for international e-commerce.
One of the leading providers of logistics data management, Enveyo was chosen by GEODIS to back their Logistics Analytics, Visibility, and Freight Audit.
A new distribution business line, soon to be added by AD Logistics that would be exclusively handling Healthcare products.
Saudi Logistics Services, commonly known as SAL, and Bangalore-based Menzies Aviation recently signed an MOU at the Saudi Airport to deliver best-in-all services.
Succeeding Anne Marie van Hemert, Royal Schiphol Group recently announced Joost van Doesburg as their new head of cargo.
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
In presence of several dignitaries, ITC’s state-of-the-art Integrated Food Manufacturing and Logistics Facility was inaugurated in Medak, Telangana
Canadian Pension Plan Investment Board has invested a whooping $205 Million towards the development of the logistics parks by India’s leading logistics operator IndoSpace.
India exported engineering goods of $111.63 billion in FY22, an increase of 45.51per cent year over year.
Two contracts have been negotiated between the new Indian airline and AFI KLM E&M through its wholly-owned subsidiary EPCOR.
With more than 150 staff members from its corporate headquarters and branch offices, Tiger Logistics, a top provider of global logistics solutions, hosted their Vision Fest 2023.
The logistics cost for air cargo will be reduced by approximately 10–14 per cent due to the road connectivity from Kolkata.
The Greenfield Logistics Park will be a world-class warehousing facility comprising a general warehouse, a bonded warehouse, a consolidation centre, cold storage facility, and office space.
The PMEGP scheme will generate approximately 26000 new job opportunities through the distribution of margin money grant amounts.
Through collaborations, the group will close the knowledge gap between the start-up ecosystems of G20 member countries and emerging economies.
Nitin Gadkari talks with a Japanese delegation about sustainable infrastructure development to reinforce their ongoing relationship.
New India-US service added by Hapag-Lloyd and CMA CGM via Jeddah.
In order to extend and expedite delivery throughout one of its key markets, Amazon.com launches Amazon Air, a dedicated air freight service, in India.
Nitin Gadkari is presiding over the Group of Infrastructure Committee’s 10th meeting to review ongoing inter-ministerial issues relating to the execution of key infrastructure projects.
In the presence of Shantanu Thakur, MoS, MoPSW, Shripad Naik, MoS, MoPSW, and other senior dignitaries, the Minister inaugurated Oil Jetty No. 7 at Deendayal Port, Kandla.
Piyush Goyal was speaking at the fourth plenary session of the B20 India Inception Meeting on Building Resilient Global Value Chains in Gandhinagar on January 23, 2023.
In Nagpur and Guwahati, Gati, one of India’s top suppliers of express logistics and supply chain solutions, has opened state-of-the-art and technologically advanced STCs.
The Federation of Freight Forwarders Association (FFFAI) held a webinar on January 18, 2023, to discuss significant developments on new routes from India to CIS nations.
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.
To increase its presence in European Union nations, the US, and Australia, the maker of wires and cables, Polycab India, plans to export 2,000 billion by FY26.
The first electronic Bill of Lading (eB/L) transaction using CargoDocs was recently completed by Tata Steel for exports to Turkey.
Continental carriers were honoured for the second year in a row at ASSOCHAM’s 14th International Aviation Conference and Awards, held on January 18, 2023, in New Delhi.
Section 54 of the Act envisages the constitution of an adjudicatory board, which is to perform the functions stipulated under Section 58 of the said Act.
The Indian Ports Association (IPA) and the Research and Information System for Developing Countries (RIS) signed a Memorandum of Understanding to establish a Centre for Maritime Economy and Connectivity.
On January 19, 2023, the Ministry of Ports, Shipping, and Waterways, GoI, in collaboration with India Ports Global, held a workshop in Mumbai on “Linking Chabahar Port with INSTC.”
500 new Vande Bharat trains, hydrogen-powered trains, and modernised rolling stock are among the things that would be covered for railways in the union budget.
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 Department of Financial Services (DFS), Ministry of Finance, organised a half-day symposium on cyber security titled Financial Services Cyber Security (FINSCY) on January 18, 2023.
The simplification of Composition Fee calculations aids in automation and faster service delivery by making the process more efficient and understandable.
DPIIT marks India’s presence at WEF through three lounges with a focus on an investment opportunity, sustainability and inclusive approach to complement economic growth.
With suggestions for last-mile connection and obtaining the optimal multimodal logistics share, NPG examines three projects and urges their implementation.
India’s ongoing negotiations for a proposed comprehensive FTA with the UK and the EU are on track, and the next round of talks with both regions will take place soon.
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 investigation into cases of under-invoicing of Chinese commodities imported into the country has begun, and customs officials have revised the risk-assessment process.
From April to December, imports from Russia increased five times to $32.9 billion, making it the fourth-largest trading partner.
In line with the development of next-generation manufacturing hubs, Scotland has given “Green Freeport” status to two of its ports.
As the government focuses on economic growth and job creation this year, it may consider expanding the designated industrial space provided for the MSME sector, which accounts for roughly 30 per cent of India’s GDP.
In the Series-A round of funding, ESP Logistics technology raised $5 million, with Japan Post Group as their lead investor.
A fund anchored by Temasek and logistics giant Kuehne & Nagel, Reefknot Investments, led a Series-A funding round that saw the logistics management business Locad raise $11 million.
In order to improve customer satisfaction and provide better supply chain solutions, the Good Glamm Group recently extended its partnership with Delhivery.
The Lightning Support Team, commonly abbreviated as LST, has set sky-high goals to be nailed, in order to provide for its customer base in the best and fastest way possible.
Leading technology logistics provider, Guardforce AI secures two long-term contracts for providing state-of-the-art Secured Logistics Services.
Logistics Start-up Porter recently announced that they would be expanding their offerings in terms of insurance and vehicle loans to truck and LCV drivers.
Sarbananda Sonowal and Dr. Manik Saha recently inaugurated India’s first-ever School of Logistics, Waterways and Communication, in Agartala.
World’s most broadly accepted cloud platform, AWS join hand with SAP to accelerate demand and bring in new-age digital transformation for the customers.
With increasing logistics costs, industrialists in Madhya Pradesh have started demanding freight subsidies.
In an official release, the Kolkata port announced that Eol of Rs. 17000cr is to be floated for India’s first mega container transhipment port in Nicobar Islands.
India’s leading logistics company, Allcargo, recently announced the acquisition of a 75 per cent stake in Fir Trade GmbH.
At the roundtable hosted by USIBC, Commerce Minister Piyush Goyal recently talked about the deepening trade engagement between India and the USA.
Swarup Bose, founder, and CEO, Celcius Logistics, India’s first cold chain marketplace player, talks about his expectations from the Union Budget 2023.
12 new weekly flights from London Gatwick have been announced by India’s leading airline and a Star Alliance member, Air India.
Present Hon General Secretary ACAAI, Samir J. Shah has been elected as the Vice–Chairman of the Customs Affairs Institute – FIATA.
Cold storage and warehousing company, FlexCold’s subsidiary is all set to establish warehousing facilities worth $50 Million near Port Charleston.
Astral-Aviation.com recently struck a strategic partnership with Air Logistics Group in order to materialise their vision of expansion into Europe and USA.
In line with the company’s vision of growth and expansion, leading logistics company, MD 3PL rebranded as IronLink Logistics.
Qatar Airways Cargo becomes the first ground handling company and second airline in the world to get CEIV-Li-Batt certification.
AAL transports 20,000 FRT of iron ore reclaimer on a single linear sailing for NMT in Australia.
Stellar Value Chain Solutions will invest approximately INR 200 crores to build seven million sq. ft. of state-of-the-art D2C fulfillment space in six cities by 2026.
Raymond West, a leading global provider of intralogistics solutions, acquires a major stake in Performance Plus Installations.
Coyne Airways is listing available freighter capacity with the online marketplace Airblox for air charter customers and freight forwarders to purchase and trade.
The Indo-Aus ECTA, signed on April 2, 2022, recently came into force after thorough ratification and exchange of written instruments.
The UK Government’s export credit agency, UK Export Finance, recently welcomed their new CEO, UKEF’s former Director of Business Group, Tim Reid.
The Saudi Post Authority, commonly referred to as Mawani, recently reported a 13per cent increase in their annual freight tons for the year 2022.
One of the biggest global end-to-end B2B e-commerce solutions providers, GigaCloud Technology recently appointed its new General Counsel and Vice President of logistics.
In line with Ascend LLC’s efforts toward augmenting customer service, they recently announced the acquisition of a Georgia-based terminal, McDonough.
MegaCorp Logistics, one of the fastest-growing logistics companies, recently partnered with RingCentral to provide seamless support and flexible customer service communication.
Saudi Ports Authority, commonly referred to as Mawani, nodded goodbye to the previous year with a host of remarkable achievements to its name.
Goa becomes the 7th airport for Celebi India’s active Ground handling services.
Harbor Logistics, LLC, one of Nova’s existing portfolio companies, recently acquired Charleston-based ATS.
New Shipping Service to Connect Jubail Commercial Port to 11 Global Ports of the India-East Med Route.
Mirae Asset Credit Opportunities Fund, a category II AIF has made its maiden acquisition of a logistics facility spread over 10-acre land in Bhiwandi near Mumbai.
Insurtech MGA Loadsure has recently received capacity backing from Tokio Marine Kiln (TMK) to improve and increase its data-driven freight offerings.
Vincent Clerc will be the new chief executive officer (CEO) of the Danish shipping company A. P. Møller – Mærsk A/S, replacing Soren Skou who will step down after almost seven years.
The appointments committee of the cabinet recently gave a green flag to the appointment of Anil Kumar Lahoti as the Chairman and CEO of the Railway Board.
Following the launch of their subsidiary in India the previous year, Karthi Baskar has been appointed the managing director of FFAF.
Withdrawal of permission to accept palletised air cargo leads to 100 tonnes of export cargo being withheld at the Chennai Airport.
Following the accelerated pace of business activities, ICRA expects a 13 per cent growth in road logistics in India for the upcoming year.
Prime Minister Narendra Modi’s vision for 2023 is to have mobile phone exports worth Rs 1 lakh crore to spur the growth of the sector.
Fearing supply chain disruptions due to China’s COVID crisis, consumer durable makers in India have stocked up inventories to prevent slack in meeting the demands.
Indian Railways’ freight loading exceeded last year’s loading and earnings by 16 per cent, thus generating Rs. 120,478 against the previous, i.e., Rs. 104,040.
One of the largest and most premier providers of transportation and logistics, Schneider, recently completed the transition of its western railway operations to the Union Pacific Railroad.
Recently, the Finance Ministry agreed on the disbursement of Rs. 4,000 crores to the states for the infrastructural projects aligned with the PM Gati Shakti Scheme.
The global logistics leader, A.P. Moller-Maersk, recently completed the acquisition of the project logistics expert, Martin Bencher Group.
The 62.65 km long, New electrified broad gauge DFCCIL double rail line, running between New Karchana and New Sujatpur is finally completed.
Initially developed only for the key government stakeholder, the PM Gati Shakti Portal, now, may soon be open to the private companies.
The federal budget for fiscal 2023 included increased funding of $1.7 trillion for the Department of Transportation (DOT), which is over and above the allocation requested by the White House.
The world’s largest industrial real estate investment trust, Lineage Logistics raised $700 million to fund investment, from its existing strategic partners.
Tata Steel and deep-tech startup TuTr recently signed a Memorandum of Agreement (MoA) to develop Hyperloop Transportation Technology.
Recently, one of India’s leading BPM solutions providers, One Point One Solutions ventured into the logistics domain by signing Porter as their new client.
In line with DFDS’s vision of expansion, it recently signed a £140 million agreement to acquire 100% of McBurney Transport Group.
2022 has been a rollercoaster of experiences. While many gave up to the odds, others, like the quick commerce companies, made lemonade out of the lemons thrown at them.
The Saudi Ports Authority recently signed a contract to build a state-of-the-art logistics park at the Dammam Port.
The Asian Development Bank recently approved a massive loan of $250 million to strengthen logistics and accelerate growth.
One of the fastest-growing transportation and logistics service providers, United Vision Logistics, commonly known as UVL, has been acquired by Bluestem Equity.
One of India’s leading cement manufacturers, JK Lakshmi Cement, ties up with GreenLine Logistics to bring forth India’s first LNG fleet.
The Chattanooga freight alley, a concentrated hub of transportation and logistics companies, recently welcomed another leading logistics company, Veritas Logistics.
B D Dhalla, a leading Indian transportation company, recently deployed AI-powered technology designed by Netradyne to improve driver and fleet safety.
In sync with its growth plans for 2023, Automated Logistics Systems (ALS) plans to aggressively expand its GR office as well as its employee strength.
OOCL, a global warehousing, and supply chain provider, has recently signed leases with Cainiao P.A.T. Logistics Park to support its warehousing diversification strategy.
In a recent tryst, NTPC and Tecnimont shook hands to sign an MoU for jointly exploring the possibility of green methanol production in India.
The sixth round of discussion on the FTA between India and the UK concluded recently, with the seventh round planned for January.
The mega infrastructural project taken up by the Indian Railways, i.e., establishing Dedicated Freight Corridors, is all set to boost e-commerce and the MSME market.
The logistics park owned by KSH Logistics Infra Industrial Park has been recently acquired by Mapletree Investment for about Rs. 320 crores ($38.7 million).
The Sittwe Port project started in 2009 as a part of the KMTT nears its completion and would be open soon for facilitating direct trade between India and Myanmar.
According to NHAI sources, with the drawings approved by the Indian Railways, the work for the Port- Maduravoyal project is all set to start in the next 3 months in Chennai.
Signing a five-year contract with Maruti Suzuki, Kamarajar adds to the list of ports contracted for exporting Maruti Suzuki cars.
The Indian Railways has issued a letter of Award to Siemens, India for the seamless manufacturing and maintenance of 9000 HP Electric Freight Locomotives.
The new Warehousing and Logistics Policy, which seeks to expedite land allotments, implement incentive programs, and jump-start the construction of logistics enclaves, received approval from the UP Cabinet on Thursday.
GEODIS, a leading global logistics provider, has established in Bangalore its sixth strategic control tower for its Supply Chain Optimization Line of Business, which specialises in supply chain management and advisory.
Celebi WhatsApp Connect was introduced by Celebi Delhi Cargo at Indira Gandhi International Airport, New Delhi, on December 22, 2022, and intended for real-time cargo tracking of international cargo.
With COVID fears resurfacing and the recession hitting hard all across the globe, the key is to keep sailing through with the help of technological integrations and automation, says Varun Gada, Director, LP Logiscience LLP.
Both Sri Lanka and Russia are in talks to use the rupee for their international trade soon after the government announced its intention to promote the Indian rupee trade settlement mechanism.
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.
The largest airport operator in India, the Adani Group, recently rolled out its all-in-one in-house consumer app, Adani One, for its airport vertical.
Lodha Green Digital Infrastructure acquired 8 acres of land in Mumbai for warehouse expansion and setting up around 4 lakh sq. ft. Grade-A multi-tenanted in-city fulfilment centre.
The logistics giant Delhivery is prepping up to acquire Pune-based tech firm Algorythm for Rs. 14.9 crores for enhancing their integrated supply chain solutions.
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.
Alongside the ongoing work in Chennai, the NHLM recently hinted towards investing in three more state-of-the-art logistics parks in the coming year.
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.
1Pay, a fintech startup, recently launched the first-of-its-kind multi-purpose virtual prepaid card for fleet management, with the goal of streamlining operations via a unified platform.
In the ninth edition of the SCALE Awards 2022, organised by the CII Institute in Mumbai, leading logistics service provider ProConnect bags the award for overall excellence in logistics and supply chain management.
The recently held conference, “Reconnecting with Resilience,” organised by the IFCBA, has been well-appreciated for its successful execution by the FFFAI.
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.
As per government directions, twenty-five airports lying under the Airport Authority of India are expected to be leased out in public interest in the next three years, i.e., 2022-2025.
The Paradip Port, located in the Jagatsinghpur district of Orissa, recently celebrated the momentous achievement of handling 6,49,730 metric tonnes of cargo traffic in a single day.
Aiming to expand its business vertical, Jet Freight plans to create employment by inducting 100 skilled logistics professionals for operations, sales, and pricing profiles.
India’s largest supply chain and logistics company, Safexpress, recently launched its 74th state-of-the-art Logistics Park near Mappedu in the Thiruvallur district of Chennai, Tamil Nadu.
The Danish shipping company, Maersk, signs its ninth green methanol deal globally, this time with US-based Sungas Renewables.
The India Infrastructure Finance Company Limited (IIFCL) recently approved loans totaling Rs. 8,244 crore with the goal of increasing port capacity by 836 million tonnes per annum (MTPA).
The honorable Prime Minister, Narendra Modi, attended the Golden Jubilee event organised by NEC, commemorating 50 years of their journey since 1972.
Nitin Gadkari, Union Minister for Road Transport and Highways, recently laid the foundation for eight National Highway Projects that would strengthen India’s road network.
Change is the only constant but what matters is the foundation laid. And that’s what called for a celebration as CBIC commemorated 60 years of the Customs Act, 1962.
Reports suggest that warehousing and logistic supplies are expected to show exponential growth in the years to come, crossing 700 million square feet by 2030.
Hoping to utilize the A321 narrow-body fleet to tackle modern-day supply chain issues, Indigo is seeking DGCA approval to operate Boeing 777 on a wet lease.
Moment of joy for the students of the Gati Shakti University as they prepare to welcome Railway Minister, Ashwini Vaishnaw, as the first-ever chancellor.
Good news drops in from the Deendayal Port Authority as they confirm the Kandla’s Liquid Jetty No. 7 is in its final stage.
Dachser is all set to pave the way to its future growth in the Air & Sea Logistics (ASL).
After a really long wait, Congo Republic and the Democratic Republic of Congo rejoice as they prepare themselves to welcome the newer avenues after being connected to the world.
Sudan on Tuesday signed a preliminary agreement with a group led by the UAE’s AD Ports Group and Invictus Investment to build and operate the Abu Amama port and economic zone.
Smartr has been known to conquer the markets with its pan-India air express service for the past 12 years.
Khalifa Port has grown from 2.43 square kilometres to 8.63 square kilometres, while its quay wall has been significantly extended from 2.3 kilometres to 12.5 kilometers.
FIEO has signed an agreement with Shiprocket, an e-commerce enablement platform, to assist MSME exporters in India in showcasing their products on the IBP.
As it strives for post-pandemic growth and replaces older, less efficient aircraft, United Airlines (UAL.O) announced that it is acquiring 100 Boeing (BA.N) 787 Dreamliners and 100 737 MAXs.
Flipkart’s service arm, Jeeves, was recognised as India’s Most Trusted Consumer Durables Service and Solution Provider 2022 for the second year in a row.
The 9th airport for Celebi India will open in early 2023, with an investment of close to $8 million.
The role of lean warehouse management becomes increasingly relevant with the growth of the global supply chain, warehouses are constantly under pressure for better, faster, and more efficient performance. So, given below is an insight into this new concept, and why it is an extremely important subject for the warehousing industry.
In an effort to cut weight on flights and CO2 emissions, Lufthansa Cargo will start utilising lightweight nets to secure cargo pallets in January.
Vincent Clerc will take over as CEO of the Danish shipping company A. P. Moller-Maersk A/S, succeeding Soren Skou, who will step down after nearly seven years in the position.
Before the sixth round of formal negotiations, UK Trade Secretary Kemi Badenoch will address both teams of senior negotiators.
The postal authorities will set up, operate, and maintain the PBE (Postal Bill of Export) Automated System for electronic declaration filing for goods exported via post.
Warehouse automation, if used effectively, results in the best cost savings, higher productivity levels, and a decrease in theft and pilferage.
The Mopa airport is built on the theme of sustainable infrastructure at a cost of approximately Rs 2,870 crores.
According to official data, the aviation regulator DGCA issued 1,081 commercial pilot licences in 2022, the most for any year in the last decade.
During a recent review meeting, the finance ministry asked stakeholders to look into expanding bilateral trade through SVRAs and internationalising indigenous payment modes.
By acquiring Tata’s fleet of 218 aircraft, Air India becomes the nation’s largest international carrier and the second-largest domestic carrier.
Senior representatives from India and the UK will begin the sixth round of negotiations for a planned free trade agreement (FTA) on Monday, an official announced.
For the construction of a MMLP in Bengaluru, Reliance Industries (RIL) and Prakash Asphalting & Toll Highways (PATH India) submitted bids totalling roughly Rs 1,800 crore.
The ADB loan will fund the program’s first sub-program, strengthening and modernising the multimodal and integrated logistics ecosystem.
ITA Airways Cargo, in collaboration with Air Logistics Group, announced the launch of direct flights from New Delhi to Rome Fiumicino on December 4, 2022.
V-Trans (India), a provider of single-window logistics solutions, announces six new branches in East India with deeper penetration in business verticals.
From December 15, the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme will be extended to Chemicals, Pharmaceuticals, and Iron & Steel Articles.
As part of the nationwide celebrations, the Ministry of Finance’s Central Board of Indirect Taxes and Customs (CBIC) hosted an event at Mumbai’s New Custom House.
Kale and Dagang NeXchange are to pilot a first-of-its-kind digital platform to connect airport stakeholders at Kuala Lumpur International Airport, Malaysia.
Delivery Linked Checkout (DLC), a first-of-its-kind integrated capability, enables retail businesses to achieve profitability in their last-mile logistics.
Short-range aircraft, turbojets, and helicopter imports that are not strictly necessary have been restricted, according to the Ministry of Civil Aviation of India.
New Delhi has also intensified its scrutiny of Chinese companies operating in India.
The Kerala government has said it is committed to the project, which supporters say will create jobs in the region.
The GCT terminals will enhance CMA CGM’s capabilities, which already include 24 shipping lines and a fleet of nine ships under the American President Lines (APL) Lines flag.
FICCI-CMSME organised the annual MSME Summit 2022 with the theme “Pushing Sustainable MSME Growth in India,” on December 5, 2022, in New Delhi.
According to the average estimate from five traders with trading companies, India imported 1.14 million tonnes of palm oil last month.
The Airbus Beluga, known for its ability to transport oversized air cargo, landed at Hyderabad airport.
What3words is a mapping technology start-up that develops a proprietary geocoding system for logistics companies.
The future of Hisar as a major business hub seems bright with the construction and planning of several manufacturing units.
Importers-Exporters rejoice as the ECTA is coming to them as a new year gift.
In spite of being promised such a huge investment, the Chamber feels that government should bear the entire cost of the project in question.
With the shaping of seamless payment mechanism between both the countries, it is highly likely for trade to go up as well.
The privatisation under NMP is supposed to boost up revenue of these airports.
FFFAI completes its 60 years and commemorates the occasion by thanking everyone while looking at a brighter future.
The fast-paced startup is all buckled up to deliver small quantities of various perishable at your doorstep.
ACFI is excited to launch its newest chapter which would open a room for discussion & implementation of best practices for the industry.
Blue Dart’s tech upgrade would be no less than a game changer in the industry which would help its customers to have smooth experience.
Northeast is graced with a latest air route to increase its connectivity.
There is no looking back for JFLL as the company plans to expand its wings to other countries as well.
The merger is expected to complete by 2024 and might challenge Indian domestic leader IndiGo.
RITES is focused in continuing its exploration of overseas market for its rolling stock.
The MoU is drafted around strong collaboration between both the parties which is expected to pave high growth in the future.
Blackstone buys a whopping area of 2.5 mn sq ft warehousing space near Delhi.
Local fishermen continue their protest to save their livelihood by halting construction of the upcoming port.
The new logistics cost index would give out comprehensive data to make the sector more efficient and growth-oriented.
Boeing sees a bright and busy future for the air cargo industry with the doubling of traffic and freighter fleet.
Aligarh to get over its ‘only glass exporter’ image soon as the city prepares itself for bigger things.
AD Ports Group which is known to be operating industrial cities & free zones in Abu Dhabi has joined hands with China Harbour Engineering Company to develop world-class infra for CMA Terminals Khalifa Port.
Pratigya Express’ launched by A.P. Moller-Maersk to connect NCR & Pipavav. The weekly cargo rail service is all set to connect NCR to APM Terminals Pipapav Port (Gujarat).
The Minister announced the project to boost tourism activities and inter-state connectivity.
Nitin Gadkari Approves 4-Laning of Bhiwani-Hansi Road Section of NH-148B Under Bharatmala Pariyojana
The Minister gave a big thumbs up to the project which is all set to benefit Haryana.
The IICS Exhibition is all about the people from logistics & cargo fraternity to come under one roof and explore new horizons.
The FTA is much needed to expand & diversify trade between both the countries which would impact living standard of a lot of people.
The much anticipated air cargo convention is already live at Marriott Marquis Queens Park, Bangkok.
APM Terminals recently announced the top management changes.
Indian exporters rejoice as the pact might bring them a steep rise in demand, the pact might get finalised in Jan 2023.
Airlines & regulators are considering having just one pilot in the cockpit and not two. However, this change could be overwhelming for some.
JSW rejoices as the government of India scraps export tax on steel, which might help the industry to compete globally.
Depreciation of the rupee & increasing cost of raw materials may hamper the effects of export duty removal.
The new logistics policy is a big step towards focussing on integration, modernisation and standardisation of the logistics industry.
Maersk has joined hands with LF Logistics to strengthen its business in India.
Located in Hollongi, the Donyi Polo Airport is all set to boost connectivity, trade & tourism in Arunachal Pradesh.
Ministry of Ports to bear 50% of the costs of deepening the draft at the port.
Only 15,77,694 two-wheelers were sold domestically in October, while exports stood at 2,87,319 units.
India is currently in FTA talks with the UK, the European Union, Canada, and Israel.
Indigo launched its very first A321 freighter aircraft from Delhi to Mumbai on the 15th of November.
The export tax on jet fuel or ATF stands unaltered at ₹5/litre. The last review was conducted on November 1.
As per Doha scientists, harmful bacteria have been found in shipments.
The new player is ambitious to deliver better than anyone else, especially between Indian & Gulf Markets.
V-Trans (India) has opened eight new branches in Varanasi, Sitapur, Noida, Secunderabad (UP), Delhi, Gurgaon, Ajmer, and Ratangarh.
As per sources, large Indian banks are hesitant to process direct rupee trade transactions with Russia, months after the mechanism was put in place, for fear of becoming the target of US and European sanctions.
As many as 13 firms, including MapMyIndia, CargoExchange, Freight Fox, Conmove, Intugine, Eikonatech, Yes Bank, Superprocure, CargoShakti, CloudStrats, Shyplite, APSEZL, and AITWA, have signed a non-disclosure agreement with the government to access data from the Unified Logistics Interface Platform (ULIP), as per the commerce and industry ministry.
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Prime Minister’s Development Initiative for the North East Region (PM-DevINE), a Rs. 6,600 crore scheme to support infrastructure, industries, and other livelihood projects in the Northeastern states.
The next annual budget will have to be carefully structured to maintain the country’s growth momentum, according to Finance Minister Nirmala Sitharaman, who also mentioned that it will address inflation concerns.
The Steel Authority of India Limited (SAIL) becomes the first Central Public Sector Enterprise (CPSE) to reach the major milestone of Rs 10,000 (Ten Thousand) Crore in procurement value through the Government-e-Marketplace (GeM) since its inception.
The German government is close to reaching a compromise over a disputed sale of a stake in a Hamburg container terminal to China’s state-owned shipping conglomerate Cosco Shipping Holdings Co.
Kale Logistics Solutions is a pioneer in providing state-of-the-art community and enterprise solutions.
Pursuant upon the launch of National Logistics Policy by Hon’ble Prime Minister Shri Narendra Modi ji, The Air Cargo Agents Association of India, a premier Association of Freight Forwarders, organiSed a Symposium “New Logistics Policy – Embracing New Opportunities” on Oct 17th 2022 in New Delhi. It was the first event organized post-Covid pandemic.
SG Panicker is all set to manage airport activities across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Kerala and Puducherry.
Coming back to action after a year, Lufthansa Cargo Service is expected to boost Hyderabad’s pharmaceutical sector.
The Ministry is set to levy INR 10k per departure on major routes from Jan 1 to March 31 and INR 15k per departure from April 2023 to April 2027.
Foundation for Aviation Sustainable Tourism (FAST) organises a seminar on October 07th, 2022 on the topic: Challenges & Opportunities for Air Cargo during the decade ahead.
Logistics, like all other fields, is evolving. Dr. Pramod Sant, Industry Expert & Former Vice President Head, Import-Export and Customs, Siemens, South Asia, in an exclusive interview with CargoInsights tells us, it will be difficult to predict how logistics will look in the future, but we can always make our best efforts to shape the “Next Generation in Logistics.”
For a new generation of supply-chain recruits, automation is changing the nature of work on warehouse floors and in leadership positions.
Altair, a global leader in computational science and artificial intelligence, has signed an agreement to collaborate in multiple simulation areas with Mazagon Dock Shipbuilders (MDL).
The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Narendra Modi, has approved the development of a container terminal at Tuna-Tekra, Deendayal Port on a Build, Operate, and Transfer (BOT) basis through a Public-Private Partnership (PPP).
The tech giant is set to integrate its supply chain offerings into a single package thus connecting ERPs & other supply chain solutions.
Rise in prices of sugar feared due to differences between exporters & the mills.
IMO has pledged to substantially reduce their carbon emissions to curb pollution.
As per the report, 160 million sq ft area has been leased across 7 cities for Grade-A Warehousing Space.
To strengthen its position in Europe, Intermarine is collaborating with breakbulk cargo specialist WeShip Projects to launch Intermarine Asia.
The airport-based cargo community system will be transformational for profitability and sustainability in the sector, Amar More (CEO, Kale Logistics) tells delegates at the TIACA Air Cargo Forum.
To decarbonize ocean, VC fund to invest $100M.
In line with the Make-In-India and make for the world initiatives, another domestic player has been able to export cargo containers to Europe despite direct competition from China.
Russian airline Aeroflot will begin operating flights from Goa to Moscow on November 2.
To reduce emissions from ocean freight, Grundfos uses the GEODIS Sustainable Marine Fuel Insetting programme.
The update of the CTU Code is shared by FIATA, the International Federation of Freight Forwarders Associations, and the six other CIG Group members.
To expand the Italian market, ITA Airways Cargo will list its capacity on the online travel agency cargo.one.
BLR Airport is at the forefront of innovation with its world-class facilities, and it is one of the country’s preferred cargo airports for agricultural exporters.
The company received the Social Impact Award in the category of Best Public Health/Safety Initiative at the 11th edition of the ACEF Asian Leaders Awards, 2022, held in Mumbai on September 29, 2022.
SriLankan Airlines received the prestigious Best Aviation Sustainability Program Award.
The newly built MMLP should have modern logistics offerings to both domestic & international traffic.
The licence is given to an airport operator who takes charge of the entire operation.
DP World to welcome 240 staff members in its upcoming Gurugram innovation centre.
SAF (Sustainable Aviation Fuel) & DB Scenker Joins Hand For Pollutionless Air Freights.
Tata Projects contract for Western DFC cancelled by DFCCIL, delaying the project further by 2 years.
Silk Way West Orders 777-8 Freighters From Boeing Azerbaijani cargo carrier becomes the first to have new fuel-efficient freighters in Eurasia.
The association is super stoked to welcome Transport Events, one of the organisations which is into coordinating the largest trade events across.
India’s bellwether logistic company, Snowman Logistics reports record growth of 55%revenue in Q2 2022 and an EBITDA of 27%.
Long-hauled carrier Emirates is buying 5 Boeing 777 freighters in a deal worth $1.7 billion, according to the companies.
Due to a potentially larger cargo load in the coming days, Celebi Delhi Cargo Management plans to invest Rs 150 Crore for better infrastructure.
The deal will stimulate additional funding in the state and assist in fulfilling the rising demand from sectors related to warehousing and logistics.
TVS Motor and Amazon India will collaborate to explore EV use cases for various Amazon businesses in terms of network and logistical requirements.
Amazon is covertly starting to provide its transportation and logistics network as a service to third-party retailers, companies, and direct-to-consumer brands in India.
Awery Aviation Services (Awery) and A.D. Aviation have reached an agreement that will streamline both companies’ sales, operations, and finance functions.
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.
Until May 31 of the current 2022–23 season, the government has permitted the export of 6 million tonnes of sugar and may consider allowing more exports.
Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), stated that India should have a GST with a single rate and a taxation system with no exemptions.
Iron ore exports from India in October were ‘near zero,’ according to a mining body official.
According to the CBRE report, comprehensive policy initiatives such as PM GatiShakti and the National Logistics Policy would revolutionise the industry and bring it up to international standards.
At the Invest Karnataka: Global Investors Meet in Bangalore, Welspun inked the MoU to enhance its foothold in the South Indian warehousing industry.
For the first time since March of this year, imports were down 0.7 percent year over year in October as local slowdowns and the prospect of a worldwide recession hurt foreign trade.
Vipin Vohra, Chairman of Continental Carriers Pvt Ltd, was invited as a panelist on MRO: New Avenues and Challenges.
As part of its efforts to simplify its process structures, Lufthansa Cargo will reduce its sales regions from seven to five.
Cochin Shipyard signs an agreement with IIT Madras to help accelerate the growth of marine start-ups with the aim of incorporating new and emerging technologies.
The “Mission 3000 MT” report is a road map for reaching 3,000 million tonnes (MT) of freight by FY27, up from 1,418 MT in FY22.
BIAL becomes the first Airport in the country to offer 5G connectivity across the new terminal.
Global logistics provider’s Freight Forwarding Line of Business has established a new service hub for customers in the Andalusia and Extremadura regions of Spain. The office in Seville commenced business as of October 1,2022.
Etihad Cargo has opened a pharmaceutical cold storage facility at Abu Dhabi International Airport.
Shri Piyush Goyal, Minister of Commerce and Industry and H.E. Don Farrell, Minister of Trade and Tourism of Australia, discuss IndAus ECTA (India-Australia Economic Cooperation and Trade Agreement).
Freight Earnings increases by 17 per cent as compared to the same period of last year.
During the campaign, the Ministry of Civil Aviation eliminates 13202 files, resolves 539 public grievances, and frees up 35208 square feet of space.
The direct flights between Indore and Chandigarh will operate three days a week.
The direct flight from Bhopal to Udaipur will begin operations on November 1, 2022, and will operate three days per week.
On November 2, 2022, AAAGL, the holding company of Capital A’s airline group, announced that it had sold its remaining stake in the airline’s India operations to Air India.
The “PPP Grievance Redressal Forum” was formed to address PPP issues. Ports also implemented several ‘Best Practices’ as part of Special Campaign 2.0.
In Kashipur, Uttarakhand, KIFTPL owns and operates a rail-connected inland container depot (ICD). The 41-acre facility includes three rail sidings and 17,000 square feet of warehouse space.
In a report by Redseer Strategy Consultants, with new-age tech-enabled players, it is now easier for small- and medium-sized businesses to transport goods.
The Central Board of Indirect Taxes and Customs (CBIC) has made it mandatory for the customs brokers to register themselves online.
Russian airline Aeroflot will begin operating flights from Goa to Moscow on November 2. The airline now operates an Airbus A330 on a twice-weekly Moscow-Delhi-Moscow route.
Amazon Air which has been in operation since 2016 with its staggering fleet that stands at a 110 aircrafts as on date is committed to reaching its customers across the length and breadth of this globe.
While laying the foundation for the Tata-Airbus manufacturing plant in Gujarat, Prime Minister, Narendra Modi stated that India has the world’s fastest-growing aviation sector.
COVID-19 and its aftermath subjected the supply chain to much fragility which companies like Mondelez are learning to deal with on a daily basis.
WiseTech Global’s service partner wing empowers logistics service providers to consolidate on a single global database, thereby eliminating the intricacy of organizing multitudinous systems and also enhancing the access of accurate data and information.
A.P. Moller-Maersk launches air freight service between the United States and Korea and expands its integrated air cargo operation.
Sales will be far below expectations in the current quarter, sending a new shock wave through the retail sector.
The impact of robots on logistics operations is becoming more complex as businesses consider how automation affects recruiting both management leaders and warehouse workers.
Pacific International Lines (PIL) launched PIL Intermodal Services, which offers train, truck, and barge services across its existing intra-Asian, Africa, Middle East, Latin America, and Oceania networks.
As per Concor, the goal is to build capacity and capability in the country to manufacture shipping-grade containers as a step toward Atmanirbhar Bharat.
Maersk has hired, trained, and created jobs for 84 women from nearby villages who needed work but did not have the right opportunities.
Analysts stated on October 27, 2022, that Indian importers should take advantage of the rupee’s recovery against the greenback to hedge their liabilities due this year.
German officials are nearing an agreement on the contentious sale of a share in a Hamburg container terminal to China’s state-owned Cosco Shipping Holdings Co.
While pushing 100 Indian brands as international leaders, India hopes to increase its existing 2.1per cent export share to 3per cent by 2027 and 10per cent by 2047.
The TT Club has endorsed a UN initiative to coordinate the activities of the world’s insurance industry to improve environmental sustainability.
The Dubai-based container terminal company will look at locations to set up other free commerce zones and increase its footprint in coastal transport.
The Department of Commerce will spare no effort during the Campaign Phase, (2nd – 31st Oct., 2022), to get rid of every reference found during the Preparatory Phase.
Various offline and online promotional methods are adapted to sensitise officials about salient aspects of SCDPM 2.0.
Key markets like the EU, the UK, and the US are experiencing a decline in clothing demand.
Various regulatory organisations, such as drug controllers, must examine a number of export consignments; all of these will be integrated into the new customs system.
According to Commerce and Industry Minister Piyush Goyal, India can decide its policy only after a change of guard occurs in the UK.
Piyush Goyal, Union Minister of Commerce and Industry, addresses the third exports summit organised by the CII.
Reduced manual intervention, precise pre-weighed quantity, quicker loading, and better coal quality are all benefits of the FMC projects.
Concor’s stock price increased 6.94 per cent to close at ₹ 771.15 per share on the BSE. The stake sale might yield more than ₹14,000 crore.
As part of a campaign, the Pune Customs employees and the Revenue Secretary cleaned Ratnagiri Beach and the Customs Floating Jetty.
With effect from October 31st, 2022, Amrit Lal Meena, Special Secretary-Logistics, will assume control of the position and succeed Anil Kumar Jain (IAS).
On October 19, 2022, the NHAI Chairperson visited the Delhi-Jaipur section of NH 48 from Delhi to Dharuhera to review the pace of maintenance activities being undertaken.
15 GCTs have been commissioned, and 96 additional GCT locations have been identified. It is planned to build 100 Gati Shakti cargo terminals in the next three years.
On October 18, 2022, Union civil aviation minister Jyotiraditya Scindia urged Punjab, West Bengal, Delhi, and five other states to reduce VAT on air turbine fuel (ATF).
Dr. Pushpendra Pratap Singh, the Country Head of Asia Shipping India Pvt. Ltd., was named “Business Mentor of the Year 2022,” at the India Business Awards held on October 15, 2022.
The conference’s goal was to encourage greater collaboration and synergy between state civil aviation departments and the MoCA to accelerate the development of the civil aviation sector.
National Logistics Policy will be cost-effective and efficient in limiting perishable commodity losses by improving cold supply chain efficiency and cold storage facilities.
Adani Airport Holdings has restructured its top management, naming Ericsson veteran Arun Bansal as CEO.
Snowman Logistics has launched Fifth-Party Logistics (or 5PL) services in India, making it the first company in the country to do so in the cold chain logistics and supply chain management sectors.
The court ruled that the question of who owns the land on which the airport is built would remain open as long as Adani Group continues to operate, manage, and develop the airport for the next 50 years.
The Ministry of Road Transport and Highways intends to take over high-traffic state highways from state governments for a 25-year period.
India’s exports will be worth $2 trillion by 2030. Merchandise exports will grow at a CAGR of 11-12%, while service exports will grow at a CAGR of 18-19%.
Foreign Direct Investment (FDI) inflows into India have steadily increased over the last decade, with FY2021-22 receiving USD 84.8 billion.
During the period, Maruti Suzuki India (MSI) led the segment, followed by Hyundai Motor India and Kia India in second and third place, respectively.
The conversion of the aircraft into a freighter boosts the airline’s cargo shipment capacity and enhances its service.
Indigenously developed through joint efforts of Railways, Besco Ltd Wagon Division and Hindalco Aluminum rake has several advantages over traditional ones.
The scheme may invest in sectors or stocks that form a part of the Nifty Transportation and Logistics TRI.
As the GatiShakti initiative will reduce project delays and cost overruns, it will allow various infrastructure ministries and departments to meet their goals.
Digitisation has enabled the Indian government to accomplish tasks that would have been impossible otherwise.
Honeywell’s technology would maximize production efficiency, resulting in a cost-effective and lower carbon-intensity aviation fuel.
The freight train will function as a superfast parcel service, capturing high-value and time-sensitive cargo consignments.
The Solar-Electric Hybrid High-Speed Ferry and Floating Jetty projects are expected to boost tourism in Goa while making transport more environment-friendly.
India is the world’s only large economy in a “bright spot,” with strong indicators indicating robust growth this year and next.
The new Vande Bharat Express will operate between Una Railway Station and New Delhi.
PM GatiShakti’s NMP will go down in history as a powerful action that fueled country’s rapid growth and development: Goyal.
India wants to take NaVIC global, which will happen if more satellites, say around 30, are launched.
Kandla’s development of a multipurpose cargo berth will give it a strategic advantage due to its proximity to the vast hinterland of northern India.
Continental Carriers Chairman Vipin Vohra had the honour of attending the “South Asia Customer Listening Forum 2022,” hosted by IAG Cargo on October 8, 2022, at The Oberoi Sukhvilas in Chandigarh.
Shiprocket and Shadowfax Technologies have teamed up to enable same-day and next-day deliveries for D2C businesses, including boAT, Mamaearth, and MyGlamm.
J M Baxi Ports & Logistics intends to raise around Rs 3,000–3,300 crores, along with Rs 1,200 and Rs 1,500 crores, by advertising the latest shares.
To increase collaboration in funding railway infrastructure projects with forward and backward links to the Indian Railways sector, IRFC and IIFCL have signed a contract.
Sri Lankan Airlines’ engineering section keeps winning with another C-Check for a client airline.
To establish an “India Fast Track Mechanism in the UAE” to address challenges faced by Indian firms there.
In light of the World Commerce Organization’s (WTO) prediction of a steep decrease in global trade in 2019, Indian exporters have urged the government to reinstate the 18per cent goods and services tax (GST) exemption on export freight and expand the rupee payment mechanism to more nations.
In an effort to stop revenue leaks, the government is probably going to start requiring businesses with a goods and services tax (GST) annual turnover of over INR 5 crore to switch to electronic invoicing from January 1.
After receiving approval from the Cabinet for Indian Railways’ property leasing policy, the government is prepared to announce its proposal to privatise Concor.
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.
Adani Ports and Special Economic Zone (APSEZ) gained approval from the NCLTs of Ahmedabad and Hyderabad on Monday to buy the remaining 58.1per cent share in Gangavaram Port under a composite scheme of arrangement.
Foreign food production facilities that export certain “high-risk” categories to India must be registered with the Food Safety and Standards Authority of India (FSSAI) by February 1, 2023.
Minister of Civil Aviation, Jyotiraditya M. Scindia said that a civil enclave will be built in Jammu at a cost of Rs. 861 crores, and Srinagar’s present terminal will be expanded three times, from 20,000 square metres to 60,000 square meters, at a cost of Rs. 1500 crores.
The Daksh Foundation, in collaboration with a group of committed young volunteers, is trying to end the insensitivity, neglect, and abuse of the elderly by their children that exists in our society.
Continental Carriers, the group’s flagship company, was founded in 1957 and has now been in the freight forwarding industry for 65 years, led by the visionary Late TN Vohra. In the year 2005, Vipin Vohra, the current Chairman, took over management. Vaibhav Vohra and Viraj Vohra, members of the third generation, joined the company in 2007 and 2013, respectively, bringing a contemporary approach, a management degree from a foreign university, and IT skills. More than 35 percent of staff is over 25 years old.
As per Afzal Malbarwala, President of ACAAI, “It will definitely affect our and exporters’ business. Cash flow will be the biggest hurdle.
Union Food Secretary Sudhanshu Pandey urged the Food Corporation of India and the Central Warehousing Corporation (CWC) on Friday to capitalize on the increased demand for warehousing from e-commerce enterprises.
“In order to support the New Logistics Policy, the industry expected the government to extend the Goods and Service Tax (GST) freight exemption notification. However, this has not happened, “said Vipin Vohra, Chairman of Continental Carriers.
With the National Master Plan for Multi-Modal Connectivity in place, Ahmedabad-based Adani Group plans to accelerate its logistics business by launching six more Multi-Modal Logistics Parks (MMLPs) in five states over the next two years, including Uttar Pradesh, Haryana, Rajasthan, Gujarat, and Telangana.
GST Advisory for Ocean and Air Export Freight, effective 01/10/2022 reg.
Cargo handling at India’s major ports continues to grow, with traffic increasing 11per cent in the first half of this fiscal year to 384 million tonnes (mt) from 346 mt in the same period last year.
Air Canada Cargo stated that it will expand its cargo network into the United States for the first time in November, with flights to Dallas and Atlanta.
Lithuania resolved on Thursday to improve control over cargo trains entering the nation and the Russian exclave of Kaliningrad by installing an X-ray scanning system at the Kenna border crossing with Belarus.
The long-stalled rehabilitation of crowded and outmoded cargo warehouses at Los Angeles International Airport has begun after city officials recently invited ideas for the entire redevelopment of 27 cargo buildings.
The Indian Railways has announced that it will begin transporting liquefied natural gas (LNG) on its network.
Pradhaan Air Express performed its first commercial flight on the Delhi-Bombay-Delhi route earlier this week.
The government’s decision to remove the GST exemption on export freight at the beginning of the month has made exporters worried since they expect liquidity to fall at a time when they are coping with sluggish demand in advanced countries, pushing them to seek a rethink.
EasyEcom, a warehouse management provider, stated that their analysis is based on data collected by its software-as-a-service platform, which focuses on omnichannel inventory and warehouse management, as well as reconciliations.
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal announced that 7 new PLI schemes that are not part of the original program had just been approved and reiterated the Government’s commitment to promote manufacturing in India.
AIT Worldwide Logistics has formed a Civil Reserve Air Fleet (CRAF) partnership with cargo airline Kalitta Air in order to strengthen US and global supply chains.
Jackson Square Aviation (JSA) has placed an order with Aeronautical Engineers, Inc. for six B737-800 conversions (AEI).
Airbus has announced a design competition for the livery of its new A350F freighter aircraft. The contest will end on November 28, with the winner being announced on March 15.
Cathay Pacific is presumably in talks with Boeing and Airbus about a potential order for up to six next-generation freighters to expand and replenish its fleet of 20 747 cargo jets.
Cathay Pacific Airways of Hong Kong expects cargo demand to pick up after the Chinese National Day holidays in the first week of October.
Adani Ports & Special Economic Zone (APSEZ) reported a 13per cent year-on-year increase in cargo volumes.
As global trade shifts from backlogs to empty containers, cargo shipowners cancel sailings.
The IATA WCS 2022 conference, held in the last week of September 2022, was the largest in IATA’s history with 1,350 delegates from 73 countries.
On September 29, IndiGo, a no-frills carrier, announced the arrival of its first freighter aircraft, a converted passenger plane. With a fleet of over 275 aircraft and over 1,600 daily flights to and from 74 domestic locations, the airline is already a market leader.
The CBDT has extended the deadline for filing various audit reports for the Assessment Year 2022–23 under the Income-tax Act 1961.
According to Dimerco, intra-Asian ocean freight rates are “falling,” although the market is holding up better than long-haul shipments.
On September 29, the Services Export Promotion Council (SEPC) hosted an interactive session with Piyush Goyal, Union Minister of Commerce and Industry, and Dr. Subhas Sarkar, Minister of State, Ministry of Education of India.
Ecom Express, a new-age technology-driven full-stack logistics solutions provider to the e-commerce industry, announced the opening of its 55th fulfillment centre in Hyderabad on Wednesday.
Shippers traveling between India and Europe who are experiencing periodic schedule problems now have the option of connecting some cargo via transshipment options via Jeddah, Saudi Arabia’s main gateway.
Prime Minister Narendra Modi will be in Gujarat for two days beginning September 29 to launch different development and infrastructural projects totaling Rs. 29,000 crores across the state.
A senior Delhi Police officer claimed on Wednesday that the Economic Offences Wing had arrested a top former government official for cheating and theft to the tune of around Rs 30 crore.
Boeing has delivered the 100th contracted B737-800 Boeing Converted Freighter (BCF) to the rapidly expanding e-commerce business.
The 52nd AGM of the Air Cargo Agents Association of India (ACAAI) was held in Mumbai today.
For a ground handler at Singapore Changi Airport, Hermes Logistics Technologies (HLT) has incorporated tech partner SPEEDCARGO’s solutions into its Cargo Management System (CMS).
Customers of Emirates SkyCargo will have quick and simple direct access to the cargo airline’s flights and inventory to make direct bookings through WebCargo by Freightos, the market’s leading air cargo booking platform.
In FY 2021–22, BLR Airport received 52,366 metric tonnes (MT) of perishable cargo, up from 48,130 MT in the prior year. Banglore Airport now handles 41% of South India’s air cargo perishable tonnage, making it India’s busiest airport for perishables.
In 2021 and 2022, SAL Renewables bought the jack-up ships Wind Lift I and Thor and carried out a number of projects in and near northern European waters.
The B2B express business of Rivigo Services Private Limited (RSPL) will be acquired by Mahindra Logistics for INR 225 crore, according to a statement from the company.
The need for storage space among e-commerce companies like Amazon, Flipkart, Bigbasket, and FirstCry has dramatically decreased this year as a result of the widely anticipated slowdown in customer demand.
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.
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.
National Airlines reported receiving its first Boeing 747-400ERF (extended range freighter). For ultra-long-haul cargo operations, the new freighter with the registration N663CA offers a more fuel-efficient option.
The National Centre for Sustainable Coastal Management in Chennai recently granted CRZ (coastal regulation zone) clearance for the seaport that was planned to be built at Machilipatnam in the Krishna district.
In order to go live globally on CargoAi, Lufthansa Cargo is starting a pilot in three nations. The instant rate offer and booking confirmation will be used for the first time by a CargoAi customer.
The Releye RLP & RAP containers, the latest products from Envirotainer, have received approval from IAG Cargo, the cargo business of International Airlines Group (IAG), for use by customers shipping pharmaceutical products.
With a new loading mechanism for the Beluga A300-600ST aircraft for military cargo, Airbus is enhancing its outsized air freight capabilities.
Within its CargoStack CMS suite, Wiremind Cargo has now introduced a new module: The goal of Revenue Optimization is to assist sales steerers and flight controllers in three key aspects of their jobs.
Caribbean Airlines Cargo is the most recent of more than thirty airlines to offer real-time air freight pricing and booking on the international freight booking platform WebCargo.
In order to go live globally on CargoAi, Lufthansa Cargo is starting a pilot in three nations. The quick rate offer and booking confirmation will be used for the first time by a CargoAi customer.
Indonesian palm oil producers are reducing their large inventory surplus by offering discounts to competitors and aggressive sales to India, where demand is increasing in preparation for the Diwali festival next month.
Ninjacart, the premier agri-startup in India has increased its global reach by introducing the “Ninja Global” platform for Agri export-import enterprises in the UAE and GCC nations.
The new framework places a strong emphasis on process simplification for seamless coordination and a reduction in total logistics value, in addition to encouraging the use of technology and personnel skill development.
India is scrambling to replace cancelled Russian gas deliveries, driving GAIL India to pay $40 per million BTUs for LNG. That’s the most expensive LNG cargo to ship to India in history, traders told Bloomberg.
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.
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.
The total cargo volume at Amsterdam Airport Schiphol dropped by roughly 14% to 721,746 tonnes in the first half of 2022 compared to H12021.
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…
On September 17, Prime Minister Narendra Modi is due to present the eagerly awaited National Logistics Policy, which aims to…
Sam Katgara, a fourth generation leader, received the Lifetime Achievement Award at the 14th ‘Express Logistics and Supply Chain Leadership Awards 2022’, which were…
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…
According to Friday’s announcement by Railway Minister Ashwini Vaishnaw, the Railways have developed a plan to start…
According to a Niti Aayog report titled “Transforming Trucking in India: Pathways to Zero-Emission Truck Deployment,” which was…
India’s exports have suffered as a result of the collapse in demand in some developed nations caused by record-high inflation and…
The PM Gati Shakti programme, which the government claims will help establish 300 freight terminals and create 1.25 lakh jobs, received approval from the Union Cabinet on Wednesday for a long-term lease of railway land.
India, the world’s largest exporter of the grain, tried to increase supplies and stabilise local prices on Thursday after planting was hampered by below-average monsoon rainfall
The Committee, formed by the International Financial Services Centres’ Authority (IFSCA) of India, submitted its SAFAL (Ship Acquisition, Financing, and Leasing) Report in October…
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.
At the Safe-Tech Awards & Conference, AdaniPorts received two national-level awards in recognition of their heroic actions in saving the lives of three truck drivers during a crucial road accident rescue operation.
Germany’s DB Schenker intends to acquire businesses in India in order to grow its business and focus on developing end-to-end contract logistics operations
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.
The Board of Trade, a body that advises on international trade policy, will convene the following month to discuss methods to increase India’s exports.
For the expansion of the nation’s air cargo infrastructure, the minister of roads, transport, and highways recommended encouraging public-private partnerships.
The 46th Annual Convention of ACAAI will take place in Bangkok, Thailand from November 24 to November 27 at the Hotel Bangkok Marriott Marquis Queen’s Park
Mahindra Logistics launched its eleventh fulfilment centre in India, enabling speedy client commerce and collaboration with top e-commerce companies.
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.
The MoRTH ordered on Monday that all goods vehicles used to transport hazardous or dangerous commodities must be fitted with a location tracking device.
The Railway Ministry stated on Monday that 734 km of track on the Western DFC and 618 km of rail on the Eastern DFC have been commissioned in a report on the corridors’ progress.
At its meeting held on August 22, 2022, the board of directors of Shreeji Translogistics Limited considered and approved investing in a proposed new subsidiary company, TKD Digitrans Tech Private Limited.
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.
For us to successfully make the switch to sustainable energy, a large-scale supply of green methanol is essential, as per Jens Eskelund, China Chief Representative of Maersk.
To celebrate India’s 75th Independence Day and the start of “Amrit Kaal,” the South East Central Railways (SECR) ran the Super Vasuki on August 15.
Sarbananda Sonowal, the Union Minister of Ports, Shipping, and Waterways, departed for Iran on Thursday for a four-day visit. During this time, he will examine the first phase of the Chabahar port’s development.
Adani Logistics Ltd. has successfully acquired the inland container depot (ICD) at Tumb in Vapi from Navkar Corporation Ltd.
A brand-new Boeing 777 that is jointly owned by Singapore Airlines and DHL has just arrived.
Sanjay Bandopadhyaya, chairman of the Inland Waterways Authority of India (IWAI), stated on Wednesday that attempts are being made to expand waterways with the support of the private sector.
A contract between France and India to assist International Transport Forum (ITF) activities in the Indian transportation industry was authorised by the Union Cabinet, which is presided over by Prime Minister Narendra Modi, on Wednesday.
The purpose of the programme is to build an ecosystem to support local producers in producing Make in India containers, ultimately assisting our trading community in the EXIM sector and supporting the Prime Minister in achieving his goal of making India a USD 5 trillion economy.
In 2022, QuikJet might make a comeback to the skies over India, providing scheduled and charter air cargo services. Our source claims that the carrier might start flying with just 2 planes in a few more months.
The FIATA Paperless Bill of Lading streamlines the issuance process by eliminating double data entry and enabling the Freight-Forwarder to quickly issue secured eFBL using their standard tools (TMS and other applications). The document can then be shared with stakeholders digitally or as a secured printed copy, at the discretion of the freight forwarder.
Evergreen Marine Corp. has finished a systematic inspection and calculation of greenhouse gas emission inventories for its business operations, including its global operating fleet, office buildings, and container terminals in Taiwan.
Assam Chief Minister Hemanta Biswa Sarma chaired the cabinet meeting and approved the Assam logistics policy 2022, under which a dedicated logistics division headed by a secretary-rank officer is to be set up.
EeLain Ong has taken over as Chief Financial Officer (CFO) of international freight transport and logistics insurer TT Club, with effect from 1 August 2022. Following Julian Chowdhury’s retirement, Ong has replaced him.
Blue Dart will launch 15 retail stores on 15th August 2022 to facilitate trade in the nation. Through the ‘Har Ghar Tiranga’ campaign, Blue Dart stores will distribute 75,000 flags free and will encourage all employees to hoist the Tricolour at their homes and pin it on https://harghartiranga.com/
Minister of State for Tourism and Ports, Shipping and Waterways to address Valedictory Function
With domestic and international passenger flights returning back to the pre pandemic levels,
The Indian aviation sector is well positioned for substantial expansion in future. Piyush Srivastava, IES,Senior Economic Adviser, Ministry of Civil Aviation, GoI
Prime Minister Narendra Modi on Sunday lauded the Indian toy industry for achieving the success “no one could have imagined”, noting that its export has soared to Rs 2,600 crore from Rs 300-400 crore.
The center announces the relaxation of limits of custom clearance beyond the normal working hours, allowing 24X7 business transactions to various Inland Container Depots (ICDs), seaports, and air cargo complexes across the nation.
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said, “India is committed to unlocking the trade potential with the Central Asian region through…
The long-awaited National Logistics Policy will be unveiled by Prime Minister Narendra Modi this month. The policy formulation at the national level has been completed…
Union Road Transport Minister Nitin Gadkari said, “The Indian automakers are more than capable of producing the world’s best electric vehicles and the country…
Union Minister of Commerce and Industry Piyush Goyal said, “With signs of a global slowdown showing in international trade, India is keeping a “watchful”…
The Indian ports continue to bear the impact of the Sri Lanka economic crisis. There has been a 25 percent shortage of containers at the Chennai Port which has made it face a rise in shipping costs.
Ever Ace, the world’s largest cargo ship to ever exist, has recently arrived in the UK and has docked at the Port of Felixstowe.
AP Moller Maersk’s 40-feet ‘rainbow container’ arrived in India at the Ennore Port.
Kale Logistics Solutions has signed a contract extending its partnership with CHI Aviation Handling by a further five years.
Indian ports have recorded a growth of 11% in traffic during the April-June quarter of 2022-23 on the back of higher demand for crude oil and imported coal, signifying the opening up of the economy, a report by DAM Capital said.
Allcargo Logistics Ltd, India’s largest integrated, end-to-end logistics solutions provider, has appointed Kapil Mahajan as the Global Chief Information and Technology Officer.
After running 16 successful batches, the Indian Institute of Freight Forwarders (IIFF) on 3rd July 2022 IIFF launched its 3rd Online Diploma in Shipping, Logistics and Freight Forwarding on 2nd July 2022.
Regional conflict has introduced a degree of investor caution into…
The rupee faces 2026 on a weak footing after its…
India and Russia aim to fast-track the Chennai-Vladivostok maritime corridor, boosting trade opportunities.
CCSIA records 46 percent cargo surge in August 2023, driven by growing passenger traffic.
India’s railway investment fuels Bhutan-India railway, enhancing connectivity and trade prospects.
India’s hypersensitive airports to receive advanced full-body scanners for quicker and more accurate security checks.
JSW Infrastructure’s IPO, aimed at debt reduction and expansion, secures SEBI approval for launch this month.
Union Minister Nitin Gadkari announces the upcoming Chennai Express Highway, connecting metros and reducing travel time.
Defence Minister Rajnath Singh opens 90 projects worth Rs 2,900 crore in nine states and two UTs.
Shinde highlighted three pivotal areas of concern and urged all directors to contribute their ideas and initiatives in support of these areas.
This strategic transformation signifies a significant milestone in Blue Dart’s ongoing journey and highlights its unwavering commitment to catering to the diverse needs of Bharat, or India.
In anticipation of increased commerce activity, particularly in segments like white goods, consumer durables, and FMCG, GESCPL has expanded its warehousing and delivery capabilities.
JCB, a global construction equipment giant, will export 45 percent of its machinery made in India and invest in hydrogen technology.
DSV and Qatar Airways Cargo collaborate on oil and gas industry flights between Mexico, the US, Europe, and the Middle East.
The partnership seeks to enhance domestic manufacturing capabilities, aligning with the Indian Government’s vision.
FFFAI advocates for tech-driven cold chain infrastructure to boost India’s agro/food processing industry and logistics.
The funding will be used for scaling-up and deployment of Kale’s new-age Cargo Community Systems in key geographies such as North America and Europe.
The Air Cargo Agents Association of India (ACAAI) elected CK Govil as its President during its 53rd Annual General Meeting in Mumbai. Samir J Shah was chosen as Vice President.
Rajkot International Airport in Gujarat replaces the former Rajkot Airport and offers advanced infrastructure and sustainability features for travelers.
The event will be marked with a special ceremony attended by Chief Minister Pinarayi Vijayan and Union Minister for Ports Sarbananda Sonowal.
Celebi India expands ground handling services at Chennai Airport, focusing on quality and sustainability for passengers and airlines.
AMTOI convenes in Kolkata to enhance trade and logistics prospects, with a focus on Kolkata Port’s expansion.
FFFAI delegation discusses trade facilitation with CBIC Chairman Sanjay Kumar Agarwal to enhance Customs clearances.
Prime Minister Modi suggests a November virtual G20 meeting to review proposals and progress during India’s presidency.
India announces rail & shipping corridor at G20, challenging China’s influence, aiming to boost trade and connectivity.
India Post joins hands with Shiprocket to boost cross-border e-commerce exports, simplifying logistics for small businesses.
Kempegowda International Airport, Bengaluru (KIAB/BLR Airport), reports a three-year high with a 124 percent boost in mango exports, reaching 684,648 kgs in 2023.
FFFAI leaders discuss trade facilitation with Indian Revenue Secretary, aiming to boost logistics for $5T economy.
G20 Summit security may disrupt mobile phone supply, impacting sales and prompting retailers to strategise.
Kale Logistics Solutions joins the International Trade Council (ITC), enhancing global presence and access to resources for economic development and trade across 179 countries.
Xavier Avrard has been named Chief Strategy Officer at GEODIS, joining the Management Board to oversee corporate strategy, mergers & acquisitions, and more.
Safetytech Accelerator has confirmed that major UK maritime insurers, the UK P&I Club and TT Club have signed up for its Cargo Fire & Loss Innovation Initiative (CFLII).
Cathay Cargo celebrated its ‘Wings of Excellence’ – India event, recognising skilled employees and essential partners, marking the first national-level event since the onset of the pandemic.
Agriculture Minister Cheluvarayaswamy announces Bengaluru-Jalasuru road to be finished in six months, overcoming delays.
Ayodhya International Airport gears up for November debut, with construction progressing swiftly.
Reliance Retail Ventures bolsters Reliance Consumer Products with Rs 300 crore investment to fuel FMCG expansion.
ONDC CEO emphasises the need for wider involvement of buyers and sellers to boost India’s digital commerce.
Hybrid Shifting’s acquisition of Pikkol reshapes India’s moving industry, offering tech-enabled, hassle-free solutions.
Security for G20 Summit prompts Northern Railway to suspend parcel services in Delhi from September 8th to 10th.
Qatar Airways Cargo resumes dedicated freighter services to Bahrain, boosting weekly cargo capacity and strengthening economic ties.
Korean Air collaborates with cargo partners to offer Sustainable Aviation Fuel (SAF), reducing carbon emissions and promoting sustainability.
India eMobility Show’s second edition generates immense excitement, boasting top companies and speakers. Explore India’s eMobility potential and contribute to a greener future.
Kerala’s air cargo industry takes flight to new heights with the inauguration of ACFI Kerala Chapter, uniting industry leaders for growth.
Kerala’s Beypore, Vizhinjam, Kollam, and Azhikal ports secure ISPS certification, paving the way for international growth.
Gati collaborates with Tech Mahindra to develop GEMS 2.0, a cloud-native software for operational excellence and superior customer service.
Flipkart’s 10th edition of Big Billion Days will create over 1,00,000 direct and indirect jobs in its supply chain, spanning fulfillment centers, sortation centers, and delivery hubs across the country.
Virgin Atlantic marks a successful year of codesharing with IndiGo, expanding connectivity to 34 destinations and benefiting loyal customers.
Telecom Disputes Settlement and Appellate Tribunal (TDSAT) rulings benefit GMR Airports, potentially affecting Adani’s Mumbai airport.
Union Minister highlights India’s inland waterways growth and port development at GMIS 2023 roadshow.
Union Minister Hardeep Singh Puri announces India’s metro network expansion, highlighting progress in urban development.
The inauguration highlights the introduction of a direct flight route between Utkela and Bhubaneshwar.
Mahindra Logistics and Flipkart join forces to boost operational efficiency and innovation in line haul solutions.
Smiths Detection introduces advanced cabin baggage screening technology in India, complying with aviation security mandates.
ISRO achieves milestone with Aditya-L1, the first-ever Sun observatory, embarking on a groundbreaking mission.
Vistara Airlines, a joint venture of Tata Sons and Singapore Airlines, will launch its second daily flight service to Mumbai from Thiruvananthapuram on September 1.
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Jaya Verma Sinha as the first woman CEO and Chairperson of the Railway Board.
Blue Dart was awarded silver in the “Reduce” and “Contribute” categories, and bronze in the “Measure” category by the UNFCCC.
CargoMART will further advance Emirates SkyCargo’s digital customer experience and optimise the booking process with real-time information.
ShipEase, a SAAS-based logistics provider for D2C brands and SME e-tailers, has raised $1 million in a Pre-Series A funding round led by Inflection Point Ventures.
The Delhi-Ghaziabad-Meerut RRTS corridor achieves a major milestone as tunneling work is successfully finished.
TVS SCS names R Dinesh as Executive Chairman, succeeding S Mahalingam, to lead the company into a new growth phase.
FedEx plans rate hikes and fee adjustments from Jan 1, 2024, aiming to enhance profitability in parcel deliveries.
High-stakes meeting to advance Mumbai-Ahmedabad Bullet Train project, focusing on rolling stock costs and progress.
Pramod Sawant anticipates strong economic growth driven by the recently inaugurated Manohar International Airport in Goa.
Adityanath stressed the need for coordination between the Authority and the Inland Waterways Authority of India, underscoring its role in regulating inland water transport and tourism activities.
With Patna Junction witnessing a daily footfall of 3 to 4 lakh passengers, the Railway Board’s decision aligns with the goal of providing airport-level security at crucial stations.
Rail services have been impacted as third line electrification and non-interlocking work at Badhwabara railway station forces the cancellation of 22 trains.
Haryana’s Deputy Chief Minister reveals plans to tackle traffic congestion by exploring the construction of underpasses at critical intersections on the Delhi-Mathura National Highway in Faridabad.
The Airports Authority of India’s efforts to restore halted flight routes and pursue new connections from Mysuru Airport align with its commitment to bolster air travel accessibility.
Engineering exports to Russia surge, while US and China see decline; Indian engineering exports drop due to reduced demand.
Delhi’s Indira Gandhi International Airport’s latest runway to begin landings from September 7, coinciding with G20 Summit.
Uttarakhand’s Pantnagar airport moves closer to becoming the state’s first international airport as cabinet approves runway extension.
Apeejay Shipping expands its fleet with a Japanese-built vessel, strengthening its position in the maritime industry.
FFFAI and World Bank join forces to address low women’s participation in Indian logistics, aiming to identify challenges and implement corrective measures.
India’s Shipping Ministry plans to establish a Bureau of Port Security (BPS) to coordinate security audits for all ports, enhancing safety measures.
Dominion Energy and Metropolitan Washington Airports Authority commence groundbreaking on 200,000-panel solar farm at Dulles International Airport.
IWAI and NRL collaborate to enhance petroleum exports via waterways, promoting EXIM trade in the Northeast.
Worldwide Flight Services (WFS) is set to enhance its Madrid cargo operations with a new terminal, boosting growth capabilities.
The achievement places Kale among the elite group of only 60 IT companies in India with this highest certification.
NHPC partners with RITES to construct a railway siding at Pasighat, Arunachal Pradesh, enhancing Dibang Multi Purpose Project infrastructure.
Port Blair’s Veer Savarkar International Airport begins operations at its new terminal, inaugurated by PM Modi in July.
Lokpriya Gopinath Bordoloi International Airport pioneers ‘Digi Yatra,’ streamlining processes and enhancing convenience.
Ministry of Railways targets 1,300 stations, including Gwalior, for modernisation in the Amrit Bharat Station Scheme.
Cargo Insights joins hands with Gurugram Industrial Expo 2023, expanding the event’s horizons into the logistics sector.
PM Narendra Modi lauds ISRO’s success as Chandrayaan-3’s Vikram lander achieves a groundbreaking soft-landing on the Moon.
Max Sauberschwarz takes over as EVP of Global Airfreight at DHL Global Forwarding, succeeding Thomas Mack starting October 1.
Etihad Cargo responds to growing cargo demand, adds Boeing 777 freighter flights to Guangzhou, reinforcing China connections.
Union Minister Nitin Gadkari has introduced Bharat NCAP to enhance safety standards of Indian vehicles, encouraging safer driving.
Finance Ministry’s initiative aims to enhance private partnership in infrastructure projects, boost investment, and streamline implementation.
Sumita Dawra hails India’s rise in Logistics Performance Index at PHDCCI’s National Logistics Summit.
Odisha aims to construct Rs.12,000 crore inland waterway on Brahmani River to link industries with Paradip and Dhamra ports.
India’s Union Minister for Ports, Shipping and Waterways outlines plans to reach over 10,000 MTPA port capacity by 2047.
Chennai’s Integral Coach Factory introduces an orange-gray themed Vande Bharat Express.
MOVIN, a joint venture of UPS and InterGlobe Enterprises, initiates operations from a new Air Cargo hub in Delhi.
Modi highlighted the historical and civilisational connections between India and Iran, underscoring their strong people-to-people contacts.
DGCA greenlights IndiGo’s Tashkent flights, with services set to launch on September 6.
Tamil Nadu pioneers India’s maiden drone testing facility to bolster drone industry growth.
JN Port’s new PPP initiative boosts coastal steel and cement transport efficiency, reducing congestion and carbon emissions.
Railway speed boost between Chennai and Bengaluru to cut travel time by 20 minutes, benefiting major routes.
Union Minister Nitin Gadkari unveils 45 km highway expansion, fostering connectivity and regional growth.
Maersk India introduces dedicated rail service for export reefers from Dadri to JN Port, streamlining logistics.
Liu, who hails from an automotive background, brings a wealth of strategic experience to the aerospace giant.
Softlink Global’s Annual Day 2023 embraces ‘Disrupt’ theme, highlighting global expansion and innovation.
Cathay Pacific records 15 percent increase in July cargo, anticipates robust performance in second half of 2023.
A delegation led by Chaitaly Mehta, Convenor of FFFAI’s Women’s Wing, visited the Petrapole-Benapole border on August 6, 2023.
Adani Ports suggests extended 50-year concessions and robust dispute resolution in PPP infrastructure projects.
AAI plans to power over 100 airports with renewable energy by 2024, aligning with environmental goals for sustainable aviation.
IndiGo Airlines brings joy to Belagavi by reinstating direct flights to Delhi and introducing new Pune route.
DP World Chennai marks a significant feat as largest vessel, MV Navios Constellation, docks successfully.
Southern Railway reveals upcoming projects for the year, spanning tracks, safety, and speed.
Ahead of the assembly election, Chief Minister Ashok Gehlot unveils metro corridor expansion strategy for Jaipur.
Union Minister announces major investment for Bengal’s maritime industry, set to elevate it into a thriving hub.
New Delhi’s Continental Carriers Group celebrates India’s 76th Independence Day with unity and patriotism.
FIATA’s inaugural visit to Ethiopia showcases significant industry developments, boosting supply chain engagement.
Distribution Logistics Infrastructure’s flagship terminal in Nagpur efficiently manages Indorama Ventures’ Pet Resins shipment.
Chief Minister Eknath Shinde announces initiative to repair and smoothen one lane of Mumbai-Goa highway before Ganeshotsav festival.
Skyways Group marks 40th anniversary with zeal, reflecting four decades of excellence and community engagement.
Oman Air’s Minister of Transport unveils a multi-year restructuring plan to ensure financial stability and operational improvement.
FFFAI’s hybrid meet in Kolkata discusses leveraging inland waterways and land ports for enhanced cross-border trade.
The Ethics Group joins hands with SIDBI to introduce pioneering fintech services, bolstering Jan Aushadhi Pariyojana’s mission of affordable healthcare accessibility.
Hindalco and Texmaco join forces to create sustainable aluminium rail wagons, supporting India’s railway expansion and emission reduction goals.
Blue Dart’s ‘Azadi ka Amrit Mahotsav’ initiative brings 15 new retail stores, franchise centres, and enhanced services nationwide.
The YLP Award 2023 regional winners are acknowledged by FIATA and TT Club, promoting talent in logistics worldwide.
Global ice cream packaging market projected to surge, driven by innovation and rising consumer demand for unique flavors and sustainable options.
Kale Logistics’ Airport Cargo Community System has launched at GMR Hyderabad, streamlining cargo operations and boosting efficiency in a greenfield airport.
Amid import licensing concerns, government clarifies no significant price hike expected for laptops and tablets, ensuring supply stability.
Amazon teams up with Gujarat Government to enhance global e-commerce exports, empowering local MSMEs, artisans, and weavers.
Flipkart collaborates with Gujarat Government to empower local artisans and weavers, driving e-commerce growth.
Responsible for leading business development and revenue generation initiatives in his new role, Rajesh brings in more than two decades of extensive leadership experience in sales, operations, and more.
Falcon Autotech transforms DTDC’s Chennai hub with cutting-edge parcel sorting tech, boosting efficiency and service quality in logistics.
Drone Delivery Canada achieves milestone with Canary RPA’s successful commercial flights, showcasing improved performance and potential for revolutionising healthcare supply chains.
Sanjay Kumar Agarwal takes over as CBIC Chairman, succeeding Vivek Johri who retired on May 31.
Kazakhstan seeks a joint venture with Abu Dhabi Ports to ship agricultural exports via Iran and Gulf ports, expanding trade routes for its grains and oilseeds.
Haryana Chief Minister expresses gratitude to PM Modi and Railway Minister for selecting 15 stations for redevelopment.
The MSC takeover, set for 2024, will pave the way for AlisCargo’s revival with a Boeing 777 freighter.
Bangladesh approves four routes for goods transportation to merchants in Tripura and other northeastern Indian states, promoting bilateral trade and cooperation.
Union Minister Dr. Jitendra Singh announces Kashmir’s rail link to the country by year-end, lauds PM Modi’s development efforts.
Union Home Minister Amit Shah inaugurates highway projects, emphasises the link between infrastructure development and economic growth.
The Federation of Freight Forwarders’ Associations in India (FFFAI) hosted its 15th EC meeting in Kolkata, with a focus on Northeast India’s potential in the logistics industry.
Prime Minister Narendra Modi initiates a massive project to redevelop 508 railway stations, enhancing passenger experience and preserving cultural heritage.
Federation of National Industries organises National Logistics Summit in Gurugram, fostering dialogue on industry growth and solutions.
Despite a challenging comparison with the previous year’s exceptional volumes, the company achieved a 5 percent YoY growth in volumes.
86 Indian airports adopt green energy, with 55 achieving 100 percent green energy consumption, reducing carbon emissions in aviation.
Shipping container spot rates show significant rebound with the largest increase in over two years, indicating the end of the 16-month ocean-freight cost slump.
India’s Ministry of Civil Aviation reports issuing 993 Commercial Pilot Licences this year till July 24, along with aviation updates.
TVS Supply Chain Solutions’ IPO, with a fresh issue of Rs. 600 crore, will open on August 10, with plans to utilise the funds for debt repayment and general corporate purposes.
Indian Railways achieves 507.7 MT freight loading in Q1 of FY24, showcasing a customer-centric approach and agile policy-making.
Adani’s expansion plan for Sanghipuram port aims to accommodate larger vessel sizes and bolster cement capacity through strategic acquisition.
The aviation security culture week aimed to raise awareness among officials about the critical aspects of cargo and personnel security, as well as access control processes.
BLR Airport excels in perishable cargo exports, handling record tonnage in FY23, bolstering India’s global market presence.
IndiGo achieves unprecedented success with soaring revenue and profits in Q1 FY’24, poised for future growth.
Cargo movement on India’s national waterways has surged by 16 percent in 2022–23, as reported by Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal.
Airbus Beluga returns to Hyderabad Airport, showcasing its distinctive design and landing capabilities for oversized cargo.
Join the National Logistics Summit 2023 to explore cutting-edge ideas and trends in the logistics sector on August 4, 2023.
Snowman Logistics reports an impressive Q1 FY’24 performance, boasting a 48 percent revenue surge, 79 percent PAT growth, and the declaration of an interim dividend, driven by increased capacity utilisation and expansion initiatives in key growth areas.
Transport Corporation of India reports robust Q1 FY’24 results with 7.8% revenue and 8.7% net profit growth, driven by demand in warehousing and 3PL services despite industry challenges.
Union Transport Minister Nitin Gadkari assures swift completion of Dwarka Expressway to improve commuting in NCR.
SpiceJet introduces daily non-stop flight between Vizag and Hyderabad, enhancing travel connectivity in the region.
Aviation regulator DGCA greenlights Air India and IndiGo’s import of 970 planes as part of their expansion plans.
The round table meeting with Vietnam delegation and Ministry of Commerce and Industry, Govt of India was held on 1st August 2023.
Customers can now ship rakhis and gifts at an affordable price starting from INR 250 domestically, and 50 percent off internationally.
KKR’s Highways Infrastructure Trust (HIT) makes strategic acquisitions in India’s road sector, obtaining four assets from Macquarie India worth Rs 3,000 crore.
Challenging terrain & weather push Zojila tunnel’s completion to 2030, offering all-weather connectivity to Ladakh.
Union Minister Piyush Goyal highlights India’s strong footing in the footwear and leather sector, eyeing global leadership.
Rail Coach Factory, Kapurthala, to roll out India’s first double-decker cargo liner coach next month for time-bound freight movement.
The new tool allows customers to measure the carbon footprint of their shipments so they can improve transparency in their sustainability reporting.
Jalan-Kalrock Consortium announces Jatinderpal Singh Dhillon’s appointment as Accountable Manager for Jet Airways.
Cochin Port registers impressive growth in global liner shipping connectivity index, boosting international links.
Amazon India sets up its first floating store on Dal Lake, Srinagar, empowering small businesses for efficient deliveries.
Indian regulator approves AirAsia India’s flights under Air India Express brand, signaling closer integration.
The 9th Edition of the PHDCCI Global Aviation & Air Cargo Summit, themed “Scaling New Horizons – Trends for Future Sustainable Growth,” was successfully organised by the Civil Aviation committee on 26 July 2023 at the PHD House, New Delhi.
Sarbananda Sonowal, has announced a significant investment of Rs 1,126 crore to enhance waterway connectivity in Northeast India.
Rajasthan’s Public Works Department (PWD) has embraced a novel approach of using plastic waste to construct 15,000km of roads.
WFS, marks an important milestone with the opening of WFS Bangalore Gateway in partnership with Bengaluru International Airport Limited (BIAL).
Starting August 31, 2023, the airline will operate non-stop daily flights between Bengaluru and Shivamogga.
Vipin Vohra, Chairman of Continental Carriers and Chair of Civil Aviation Committee at PHDCCI, was honored with the prestigious ‘Air Cargo Innovator of the Year’ award for establishing India’s first Green Field Air Freight Station.
Air India seeks to boost its presence in air cargo with wide-body aircraft and sector-specific packages targeting telecom, electronics, and pharmaceutical industries.
Union Finance Minister Nirmala Sitharaman inspects Srimantapur Integrated Land Port, discusses bilateral trade and inland water connectivity.
Industry veteran Mike Jones brings expertise to BIFA as policy advisor, leading initiatives on environmental and sustainability issues.
DHL strengthens its European e-commerce presence by acquiring Turkish parcel delivery company MNG Kargo and its subsidiaries.
ICAO and WCO release “Moving Air Cargo Globally,” providing stakeholders with guidance on securing air cargo and embracing digitalisation.
Assam CM Himanta Biswa Sarma met Nitin Gadkari, urging assistance in expediting infrastructure projects and revealed plans for healthy food streets nationwide.
Visakhapatnam Port plans to introduce solar power projects, Shore to Ship, and Green Tugs to become an eco-friendly port.
Minister Nitin Gadkari grants Rs 250 crore under CRIF to enhance road conditions in Uttarakhand and discusses vital projects with CM Dhami.
Prime Minister Narendra Modi to inaugurate Hirasar Greenfield Airport, boosting industrial growth and connectivity in Gujarat.
Ministry of Civil Aviation discontinues air cargo services at Vijayawada and Tirupati airports, permitting self-handling at one, while Visakhapatnam operations remain unaffected.
The Commerce and Industry Ministry calls for standardising processes and reducing cargo release time to boost EXIM trade.
Indian Railways to unveil revamped ACT1 wagons, capable of transporting SUVs on both decks, cutting emissions and costs.
The Maharashtra government considers reclaiming airports leased to Anil Ambani Group due to non-maintenance and unpaid dues.
Tiger Logistics has partnered with OneNDF to introduce ‘Cargo Value Finance’ and integrate it into their digital freight platform FreightJar.
The facility will offer value-added services that will allow cargo storage for a short and medium term, enhancing service efficiency and cost benefits.
Slowing demand in US and China leads to a projected 10-15 percent decline in India’s gems and jewellery exports in FY23.
Ajay’s diverse experience with renowned 3PL companies makes him the perfect candidate for General Manager for North India.
India’s Airport Authority targets significant capital outlay for infrastructure expansion while prioritising safety measures and sustainable aviation initiatives.
Jet Airways strengthens leadership with the appointment of two Whole Time Directors and a Non-Executive Director to overcome challenges and execute its resolution plan.
The platform focuses on learning for freight forwarding & logistics service providers through digital learning and skill development programme.
Emirates SkyCargo meets rising demand for perishables, transporting 3,590 tonnes of fresh-cut flowers in May 2023, up by 20 percent.
Lucknow witnesses progress in Ring Road, Airport Expansion, and Railway Station re-development projects for remarkable growth.
Qatar Airways Cargo and Airlink partnership delivers 351 tonnes of humanitarian aid using Japanese tech to 17 countries.
Ministry of Road Transport & Highways and Japan International Cooperation Agency develop guidelines to boost hill road infrastructure in India.
Menzies Aviation, a leading airport services provider, acquires majority stake in Cargo Handling Services at Sofia International Airport.
With the IATA designator code “OY” and accounting prefix “651”, Dronamics gains official recognition as an airline entity.
A recent study by FuelTrust highlights the alarming fuel-related issues faced by over 600 vessels, despite meeting quality standards.
The establishment of the Mumbai office further solidifies SeaLead’s dedication to meeting customer needs and optimizing its offerings for enhanced service delivery in South Asia.
Adani Ports targets global dominance, aiming for carbon neutrality and revenue tripling by 2030, Says Chairman Gautam Adani.
In a bid to enhance its ongoing transformation, FedEx is implementing strategic shifts within its finance organisation.
With the theme of “Nurturing eCommerce Businesses of the Future”, the summit will take place on August 4th, 2023, in New Delhi.
WebCargo by Freightos introduces interlining functionality, facilitating collaboration among carriers for airfreight bookings.
CargoTech’s investment not only provides financial support but also enables collaborative developments and cross-selling among its members.
The new twice-weekly route will connect Ezhou to Frankfurt, utilising a Boeing 747-400 freighter.
The meeting facilitated constructive discussions on fostering collaboration between FIATA, VLA, and the Vietnamese government to drive the growth of the nation’s logistics sector.
With rents starting as low as Rs 10 per square foot, the warehouse spans 30,000 square feet, and already two clients have booked around 8,000 square feet of space.
Spanning across an expansive area of 5.25 lakh square feet, the logistics park offers unparalleled infrastructure and capabilities.
Swiggy has entered the food and grocery retail market with the acquisition of LYNK Logistics, a prominent FMCG retail distribution company.
CSafe, a leading provider of pharmaceutical shipping solutions to integrate -20°C temperature capability in CSafe RKN containers.
Spanning across an expansive area of 5.25 lakh square feet, the logistics park offers unparalleled infrastructure and capabilities.
Fadnavis emphasized the efforts of the central and state governments in making Vidarbha a thriving hub for logistics, industry, and economic prosperity.
MEP Infrastructure Developers’ subsidiary, Victory Infra, signs an agreement to operate and maintain a dry port in Congo.
The newly constructed Shivamogga Airport in Karnataka will be the first airport maintained by a state government institution.
Union Minister Nitin Gadkari inaugurates three National Highway projects in Tirupati, enhancing connectivity and tourism.
IndiGo and Delhi Airport celebrate a milestone as the airline becomes the first to operate from the newly constructed fourth runway, marking a significant moment for Indian aviation.
Airbus initiates the offering of up to 5 percent sustainable aviation fuel (SAF) to customers during aircraft delivery from its Toulouse and Hamburg centres.
Qatar Airways Cargo’s ground handling partner, Qatar Aviation Services Cargo, achieves IATA Smart Facility Certification for its cargo facility in the Doha hub.
This newly approved FTO will offer aspiring pilots in Tamil Nadu training opportunities in accordance with the standards set by the DGCA.
The second Over Dimensional Cargo (ODC) arrives at Pandu port via inland waterways for Numaligarh Refinery’s expansion project.
Munich Airport experiences a steady upward trend with freight volume reaching 132,404 tonnes in the first half of 2023.
The Railway Ministry has given the green light to the 129 km South Haryana Economic Rail Corridor, connecting Haryana with Gujarat ports via Rajasthan.
Godrej & Boyce, plans to establish a new facility in Khalapur, Maharashtra to expand the company’s operations and have four times the area of its existing facility in Vikhroli.
Amazon Air makes adjustments to its flight operations by scaling it down in Europe while assuring an uninterrupted delivery experience.
The program aims to address the truck driver shortage in India and empower women in the industry with higher earning opportunities.
3SC’s SCAI platform receives recognition in Gartner’s 2023 Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain.
Pune Airport’s new integrated freight terminal hasn’t sent a single metric tonne of cargo in the last seven months.
The Biju Patnaik International Airport (BPIA) will handle international cargo with direct flights to Dubai, Singapore, and Bangkok.
Noida International Airport (NIA) will get assistance in automating and streamlining airport operations from SITA.
Etihad Cargo is all set to achieve its goal of shipping up to 500 tonnes of berries in upcoming months via its FreshForward system.
Qatar Airways Cargo’s perishables expertise has been confirmed through a thorough IATA CEIV certification process, leading to IATA CEIV Fresh accreditation.
Mustafa Tonguç takes on the role of Managing Director of DHL Express Germany, bringing extensive experience to the position.
ASAP Kerala and Cochin Shipyard have collaborated to provide skill development programs for marginalised youth in Kerala.
Vizag Port’s Visakha Container Terminal sets a new milestone, handling 4,035 TEU containers in a single day.
Union Minister of Civil Aviation announces daily flights between Chennai and Jaffna, enhancing trade and tourism prospects.
Northern Railways reports significant progress with 95 percent completion of the Katra-Banihal Railway Line, overcoming challenges.
EFL Global’s UK facility, Black Arrow warehouse will meet high-street retailer demand and provide logistics services.
Ukraine gains control of Russian-owned AN-140-100 aircraft, acquired from sanctioned company Rostec, amid ongoing investigations.
The infrastructure projects worth Rs 6,100 Cr in Telangana will commend the state’s contributions to India’s progress.
The facility located near Gurumajra, Manpura, will boost Prime Minister’s Gati Shakti Plan.
Caparo Logistics announces Kajal Bagchi as their new CEO, bringing extensive experience and strategic leadership to the company.
Adani Ports and Special Economic Zone (APSEZ) witnesses significant cargo handling growth in Q1 FY24.
DGCA and EASA join forces in a Memorandum of Understanding to collaborate on unmanned aircraft systems and air mobility.
IATA adjusts projections, expects Hong Kong’s aviation sector to recover to pre-crisis levels by 2024, lauds government efforts.
Nitin Gadkari, Union Minister for Road Transport and Highways, launches eleven NH projects worth Rs 5600 Cr in Pratapgarh, Rajasthan.
Yashpal Singh Tomar, an IIT alumnus, takes charge as Director (NPM) at RailTel, aiming to enhance revenue and drive digital transformation.
Vipin Vohra, Chairman-Continental Group, along with PHDCCI delegation, invites Minister for Global Aviation Summit.
With 8400+ successful package deliveries to date, DRONECO by TSAW Drones has covered an impressive total distance of 6920 kms+ and delivered a cumulative weight of 620 Kgs+.
IndiGo will add Baku to its extensive network from August 11, 2023, fortifying economic ties, diplomatic connections, and vibrant cultural exchanges between the two nations.
DCBA’s 39th AGM, conducted on June 25, 2023, discussed activities of DCBA during the last one year and future course of action.
The green, multi-client, Grade A warehouse with 5 Lakh sq. ft of storage space is set up on a 15-acre private campus in Mumbai and has a rainwater harvesting facility.
The newly launched label printers are ergonomically designed for the logistics, manufacturing, and retail sectors, ensuring increased productivity.
MSC has confirmed the ongoing nature of the discussions to acquire Italian cargo airline AlisCargo, according to recent reports.
Maersk increases rates on Asia-North Europe trade route as market conditions remain challenging. The move aims to sustain high-quality services.
The launch of B2B Express services across air and surface modes will offer businesses access to Ekart’s extensive network of first-mile, mid-mile, and last-mile transportation fleet.
FFFAI launches India’s first smart e-FBL initiative on CODEX platform, enabling seamless and secure freight forwarding operations.
Mobility Solutions receives Top Operational Performance Award from Alstom Transport India, recognising their excellence and commitment to supplying metro train parts.
UN Chief urges maritime nations to take immediate action, setting ambitious targets for shipping emissions to achieve net zero by 2050.
British Airways’ Chief highlights balanced growth and expansion plans in India amidst increasing air travel demand.
The India-Myanmar-Thailand Highway project is inching closer to realisation as it reaches 70 percent completion, fostering regional connectivity.
The government’s bold initiative to construct greenfield expressways is set to revolutionise the country’s transportation infrastructure.
The commerce ministry has called a meeting to address declining exports, as outbound shipments continue to shrink.
Jeena & Company boosts warehousing capacity in Mumbai with a state-of-the-art facility, catering to diverse industries’ storage needs efficiently.
TVS Motor Company has joined forces with Zomato to promote sustainable urban transportation by deploying 10,000 electric scooters for last-mile delivery.
The successful conclusion of TIACA Event Africa in Nairobi brought together 200 delegates to discuss African air cargo market intricacies.
Port management will revolutionise with a digital radar and camera network launch, bolstering safety and efficiency in shipping traffic across the port area.
Successful conclusion of Third G20 IWG Meeting in Rishikesh, Uttarakhand on 28th June, shaping sustainable infrastructure for G20 nations.
The Haryana government plans to set up 3 multimodal logistics parks in Palwal & Ambala districts to boost economic growth and attract investments.
Omni Air announces ACMI service for MIAT Mongolian Airlines, connecting Mongolia to Germany and Turkey during the peak summer season.
Austrian logistics firm strengthens German network with B+A acquisition, enhancing services in Nuremberg.
Prestigious International Annual Awards Program honors standout AI and machine learning solutions and companies.
The Supply Chain Management & Logistics Summit 2023 highlights India’s role in the global transformation of supply chain and logistics, paving way for global leadership.
Etihad Cargo launches the Pharma Champions program, enhancing pharmaceutical business with training and tailored action plans for improved service levels.
DHL Express Estonia plans a new logistics facility at Tallinn Airport, meeting growth demands with an advanced sorting system and improved service quality.
Delays plague the Mumbai-Goa highway widening project, casting doubts on the completion deadline despite promises and pending land acquisition issues.
Port Authority partners with CWC and SDCL to enhance cargo handling and support exporters through a new container station and warehousing facility.
Santa Marta International Terminal Company marks Tideworks’ 15th deployment of its next-generation marine terminal operating system.
IATA’s World Sustainability Symposium in Madrid to drive aviation decarbonisation. Global leaders discuss net-zero emissions and sustainable solutions.
NHAI plans to raise Rs 15,000 crore through InvITs in FY24, as part of its road monetization strategy, to enhance infrastructure funding.
Prime Minister Narendra Modi launched five Vande Bharat trains, including routes connecting Madhya Pradesh, Jharkhand, Bihar, and Karnataka, boosting regional connectivity.
The call to reduce VAT on aviation turbine fuel (ATF) will improve cost competitiveness and support the financial viability of Indian carriers.
Odisha gears up to bolster its aviation sector with the establishment of a groundbreaking Aviation Security Training Institute (ASTI).
Global leaders hail Air India and IndiGo’s massive aircraft orders, praising their contribution to job creation and aviation sector growth.
‘BLR Pulse’ is a digital travel companion that provides real-time updates and personalised assistance for an enhanced airport experience.
The Ministry of Road Transport and Highways plans to increase road construction targets by close to 40 km per day, as Gadkari is dissatisfied with the existing target.
As the new Managing Director, Malay will continue to provide strategic direction and oversee the company’s overall operations, focusing on delivering exceptional value.
Sushil will be responsible for large contracts acquisition, procurement of warehouses, procurement of transportation, and growth of the contract logistics business.
The IRGC Navy Commander declared that the ships passing through the Strait of Hormuz must provide their name, nationality, and cargo information in Persian language.
The Inland Waterways Authority will promote water transport, enhance connectivity, and boost economic growth in the state.
Ayodhya Airport’s phase 1 expects an operational licence by October, enabling commercial flights. The runway is equipped with advanced navigation systems.
The upcoming completion of the ‘Missing Link’ promises seamless and safer journeys on the Mumbai-Pune Expressway, shortening travel time.
The German supplier of Aerospace materials seeks to leverage the strategic location to service manufacturing units in India’s Aerospace triangle of Belagavi, Bangalore, and Hyderabad.
The Toyota advanced logistics company, Bastian Solutions’ new facility will be operational just outside Bangalore by October 2023.
Delhi Metro’s Airport Express Line speeds up to 110 Kmph, reducing travel time to T-3 from New Delhi station and bringing the airport closer to the city centre.
With 90 percent of construction completed and plans for cargo connectivity, Kerala’s ambitious Vizhinjam Port is set to be commercially commissioned in May 2024.
Global logistics giant FedEx plans to ground additional aircraft amid declining revenues and rising costs as part of its cost-saving initiative.
The inauguration of the control tower in India will enhance supply chain operations with business intelligence dashboards, predictive analysis, and more.
Electric buses in Delhi gather dust at a depot, exacerbating the city’s bus shortage. Only one bus runs on trial with technical issues.
Dr. Ivan Petrov and Shankar Shinde meet to shed light on their collaboration to benefit the logistics fraternity.
Former Union finance secretary Hasmukh Adhia has been appointed Chairman of GIFT City, GMDC, and GACL, replacing S. G. Mankad.
The inability of the terminal’s marine completion due to the monsoon can delay the launch of the water metro service to Fort Kochi.
As announced by the Union road transport minister, all AC truck cabins from 2025 will address driver fatigue and safety concerns.
SpiceJet temporarily suspends Puducherry-Bengaluru-Hyderabad flights, benefiting competitors and alternative travel options.
The civil aviation fleet has soared 75 percent since 2013, reaching 700 aircraft, and is projected to reach 1,500–2,000 in 5–6 years.
Restricting vessel entry temporarily, Reliance Industries has resumed operations at Sikka Port in Gujarat.
Pakistan has formed a negotiation committee to finalise a deal with the United Arab Emirates (UAE) for the transfer of the Karachi port terminals.
Allcargo Group Company, Gati, increases the scope of a wider scale of operations for businesses with the introduction of 1,000 pin codes.
Pragati, a leading developer of Grade-A industrial and logistics parks, has successfully entered the Chennai market with the acquisition of a 36-acre site in Sriperumbdur, Tamil Nadu.
Union Minister Nitin Gadkari lays the foundation for Karnal’s Rs 1,700 crore ring road project, promising improved connectivity and reduced congestion.
The Jawaharlal Nehru Port Authority (JNPA) welcomes its longest-ever visitor, the MSC Hamburg cargo ship, setting a new record for Indian ports.
Boeing projects global commercial airplane numbers to double by 2042, driven by strong growth in Asia-Pacific and China.
Yogi Adityanath directs the completion of the Ganga expressway and the setting up of an industrial cluster by December 2024.
JCBL-MSL bags orders worth 100 crores with the objective of elevating the quality of Indian trains.
IRCTC introduces a tourist train from Ahmedabad to provide travel experiences in South India.
Chanchal Kumar, an IAS officer will serve as the new Civil Aviation Secretary from August 1, succeeding Rajiv Bansal.
DFCCI completes a key leg of the Dedicated Freight Corridor, enabling seamless Bihar-Gujarat freight connectivity boosts efficiency and reduces transit time.
Qatar Airways Cargo becomes the first airline worldwide to achieve IATA CEIV Fresh certification, ensuring safe and efficient transportation of perishable goods.
Based on the latest market study by CLIVE Data Services, airfreight rates in May reached their lowest level since March 2020, raising concerns among airlines and freight forwarders.
The Karnataka government has objected to Adani Group taking over the Mangaluru Airport and has planned to seek clarification from the centre.
Punjab CM seeks Nitin Gadkari’s intervention for speedy completion of Jalandhar-Hoshiarpur road project.
T K Ramachandran has assumed the position of Secretary in the Ministry of Ports, Shipping, and Waterways (MoPSW), succeeding Sudhansh Pant.
MT37, a state-of-the-art portable data collector equipped with advanced 6th Generation technology, launched by Newland AIDC.
Cool Chain Association welcomes two new joinees – Switzerland-based Lamprecht Pharma Logistics and France-based Logfret.
Royal Schiphol Group has spread its wings and acquired a 40% stake in Maastricht Aachen Airport, propelling the Dutch cargo industry to new heights.
Five new Vande Bharat trains will be launched on June 26 as per Railway officials.
Falcon Autotech launched its ‘NEO – An ASRS that everyone can own’ to transform the warehousing landscape through unparalleled efficiency.
BlueDart has appointed VN Iyer as Group CFO, and Sudha Pai as CFO.
Wisetech Global and FIATA have renewed their partnership for the second consecutive year.
Foundation laid by Nitin Gadkari for 10 NH projects in UP will encourage investment and employment opportunities.
The Diamond Jubilee celebration of FFFAI held on June 9, 2023, addressed the theme of “FFFAI Transcending Boundaries”.
iThink Logistics ‘Dark Mode’ feature will bring multiple well-being benefits for its users.
Due to several industry trends Grade A warehouses are witnessing significant demand today.
India’s Gujarat coast operations suspended by authorities as ‘Cyclone Biparjoy’ develops.
The 49th Network Planning Group meeting pushes the Tripura roadways project for better connectivity within the region.
Tideworks successfully launches its virtual training device for terminal yard tractor (UTR) drives.
Present IndiGo CEO Peter Elbers has been chosen as the Chair-elect of IATA’s Board of Governors, effective from June 2024.
Kerry Logistics seeks after-sales services to the electronic and technology supply chain, enriching customer satisfaction.
SpiceJet will induct 10 new B737s from September this year to address the increased passenger demand.
ACAAI is the premier recognized National Association representing the air cargo industry in India.
The renowned logistics company Allcargo Logistics announces a 30% stake acquisition in Gati-Kintetsu Express (GKEPL).
On completion of the 1350-kilometre expressway, the current 24-hour travel time between the two cities will reduce to 12 hours.
The upcoming ‘Solution de Technology, Automation & Robotics’ conference will illustrate the transformative technologies that are reshaping the logistics landscape.
Air India SATS (AISATS), with AeroTech Support Services, introduces India’s first robotic dry wash service for aircraft exteriors.
The 8th edition of ‘The Matrix Global Summit 2023’ illustrated the game-changing role of DeepTech startups and Make in India enterprises.
The new liquid cargo berths 3 and 4, which the JN port authority developed with internal funds, are in need of an operator to equip, operate, and maintain them.
As the company’s new CEO and President, Sanjay Kumar joins InterGlobe Technology Quotient.
The Navi Mumbai International Airport (NMIA) will have a passenger capacity of 9 crore per year. The first phase will include four terminals and accommodate 42 aircraft.
The Federation of Freight Forwarders’ Associations in India will hold its Diamond Jubilee ceremony in New Delhi on June 9, 2023, with the theme “FFFAI Transcending Boundaries.”
Chinese items, which account for the lion’s share of low-cost Asian imports into the US, are likely to fall below 50% for the first time in over a decade.
Transindia Real Estate firm announced plans to sell a number of ventures and subsidiaries to the major global investment company Blackstone for around ₹400 crore.
IndoSpace Core, the logistics and industrial real estate vehicle, has bought the Amazon Fulfilment Centre in Hyderabad from GMR Group.
The French government’s decarbonization strategy, which includes a ban on domestic short-haul passenger flights over train routes, will have “no impact” on AFKLMP’s operations.
Willie Walsh, Director General of the International Air Transport Association (IATA), predicted that airlines would earn an average of USD 2.25 per passenger.
Government officials stated that a third airline is not permitted to use the seats under the bilateral agreement between India and Dubai.
Nitin Gadkari, Union Minister of Road Transport and Highways, laid the foundation stone for two national highway (NH) projects in Assam on June 5.
Maastricht Aachen Airport (MST) has been recognised by Turkish Cargo for its operational excellence, teamwork, and customer-oriented approach.
ShipEase plans to use the funds largely for technological developments and expanding their brand in the D2C sector.
Stellar Value Chain Solutions scaled up its warehousing capacity by an additional 2 million sq ft in May this year.
Blue Dart has planted more than 111,000 trees annually, which as full-grown trees, would collectively offset over 13,320 tonnes of CO2 per year.
Allcargo Group has made several strategic appointments at the top management level following the demerger.
MSRDC has formally selected 18 areas for logistics hubs, townships, and Krishi Samruddhi Kendras on Samruddhi Mahamarg.
The PKZ Group’s current business operations and staff will be transferred to the recently founded Hellmann Worldwide Logistics Slovakia starting in June 2023.
Preliminary figures on worldwide tonnages for the entire month of May show a drop of 6% from the prior year, which is better than the first three months and April.
The Rapid Regional Transit System (RRTS) would be used to transport cargo during non-peak hours as RAPIDX will connect Delhi with industrial towns and suburban areas of Haryana, Rajasthan, and Uttar Pradesh.
For the fourth quarter that ended in March 2023, Adani Ports and Special Economic Zone (APSEZ) reported a 2.63 percent increase in consolidated net profit to Rs 1,140.97 crore on May 30.
NorthLink Aviation and Kale Logistics Solutions collaborate to provide distinctive digital infrastructure for the airport in Anchorage.
The ruling followed a dispute filed by the European Union, Japan, and Taiwan against these duties in the WTO. On May 30, Japan expressed displeasure with India’s plan to appeal a WTO trade dispute settlement panel decision on import taxes on specific information and technology items.
The study noted 10 major changes, including supply-side policy reforms, economic formalisation, Direct Benefit Transfer, the Insolvency and Bankruptcy Code, a focus on FDI, and flexible inflation targeting.
On the heels of policy measures and reforms during the last nine years, the Union government said on May 30 that military exports have dramatically increased while imports have decreased.
The upcoming Noida international airport would include a multi-modal freight centre, as per the concessionaire deal signed between AISATS and Yamuna International Airport on May 31.
InvIT’s third tranche is expected to be released in June, and NHAI expects to make Rs 12,000 crore from this deal.
Amit Mehta has been appointed as Regional Manager for South Asia, the Middle East, and Africa at Malaysia Airlines.
Gati begins using co-branded alternative fuel vehicles for pickup and delivery.
The three global associations will collaborate to improve coordination among forwarders, handlers, and airlines in order to establish unified, high standards.
King Abdulaziz Port has been added by container liner MSC to the Upper Gulf Express shipping service, according to the Saudi Ports Authority (Mawani).
The demand for warehouse spaces in Tamil Nadu is rising, and newer locations are emerging in this space.
India has joined three of IPEF’s four pillars, but it is still only an observer in the trade pillar.
This is the latest setback for Gatik, which has already had to secure new flags for 36 of its ships after the St. Kitts and Nevis International Ship Registry deflagged them.
Vande Bharat will travel from Guwahati to New Jalpaiguri in 5 hours and 30 minutes, while the current quickest train takes 6 hours and 30 minutes.
In the next financial year, Snowman plans to amplify their 5PL business along with building on their technological capabilities.
The first freight drone airline in the world, Dronamics, announced that the first flight of its signature model was successful.
Union Road Transport and Highways Minister Nitin Gadkari urges stakeholders to make alternative fuels like green hydrogen available to people at cost-effective rates.
The Prime Minister dedicates newly electrified train lines to the nation and declares Uttarakhand a 100% electric traction state.
GALAXY, Kale’s high-performance cloud-based cargo handling system, will be phased in at several airports in the near future.
For a global brand, Kerry Logistics Network (KLN) has used sorting robots to increase sorting and delivery efficiency and satisfy the booming demand for e-commerce fulfilment.
Gati launched the Bike Express Service, intended specifically for professionals, students relocating to new cities, tourists, and bikers seeking independent mobility.
The state-of-the-art Integrated Consumer Goods Manufacturing and Logistics (ICML) plant at Khurda was inaugurated by Chief Minister Naveen Patnaik on May 22.
As per Delhivery CEO Sahil Barua, inflationary pressures could create a minor slowdown in the Indian e-commerce business, with growth rates of 15% to 20% expected for this FY.
The forthcoming policy would oversee significant ports and give them the right to, under certain circumstances, extend leases to current terminal operators.
By the end of 2024, Rajasthan’s roads would resemble those in the United States, making it a happy and successful state, according to Union Minister for Road Transport and Highways Nitin Gadkari.
By the end of June, SpiceJet plans to begin operating two international UDAN flights on the Agartala-Chittagong and Imphal-Mandalay routes.
Porter intends to invest $6 million in the UAE over the next three years.
The largest crowdsourced 3PL network in India, Shadowfax, joined the government-sponsored Open Network for Digital Commerce (ONDC) to offer last-mile deliveries.
To further strengthen bilateral relations, 20 Broad Gauge (BG) locomotives were virtually flagged off to Bangladesh in a handover ceremony held on May 23 at Rail Bhavan, New Delhi.
WFS enters India through the launch of cargo handling operations at Kempegowda International Airport, Bengaluru, India’s 3rd largest air cargo hub.
The Asian Development Bank (ADB) has authorised a $300 million loan to connect Nepal’s Kakarbhitta-Laukahi road to international trade routes, particularly those to India and Bangladesh.
The Hanogi-Jhalogi tunnels on the Kiratpur-Manali route in the Mandi district were opened but have not yet been officially inaugurated.
The Biden administration prohibited the export of a variety of consumer items to Russia and placed 71 companies on a trade blacklist.
GATI, one of India’s leading express distribution and supply chain management companies, has reported its unaudited financial results for the quarter ended March 31, 2023.
IndiGo’s additional international connections from Kolkata will be enhanced via new flights to Bangkok beginning on June 3, 2023, and Surat, Hyderabad, beginning on July 3, 2023.
CMA CGM Air Cargo has established a new freighter route between Paris, France, and Mumbai, India, as part of its new cooperation with AFKLMP.
Japanese Digital Minister Kono Taro stated that UPI is a “very convenient system of payment,” and the Japanese government is seriously contemplating joining India’s UPI payment system.
In its financial statements for the fourth quarter and the year ended March 31, 2023, Transport Corporation of India (TCI) reported standalone revenue growth of 18.96per cent and a net profit of 13.49per cent.
In the upcoming India Warehousing Show from June 14 to 16, 2023, at Pragati Maidan, New Delhi, around 230 suppliers will be showcasing the next generation of technologies.
New routes include Bengaluru-Dubai, Kochi-Bahrain, Lucknow-Dammam beginning June 1, and Ahmedabad-Jeddah beginning August 11, 2023.
The airline pilot union declared, “Our goal is to reach an agreement, not to strike.”
This mango season, Bangladesh air cargo carriers are likely to experience an upsurge as traders want to elevate the fruit’s exports this year.
Jupiter Wagons (JWL) will reopen Stone India, a Kolkata-based engineering firm, over the next six months after undergoing a modernization process.
Aviation industry veteran Sanjiv Kapoor has joined the Saudia Group as an advisor to His Excellency Ibrahim Al-Omar, Director General of the Group.
AI and automated ships pose new challenges in casualty liability, warns the chairman of the Association of Average Adjusters.
The Ministry of Ports, Shipping, and Waterways (MoPSW) ranked second out of 66 ministries in the extremely influential DGQI assessment for 2022-2023 Q3.
At Air Cargo Europe 2023, Kale Logistics Solutions releases a booklet titled Kale Shaping Sustainability at Airports.
Natasha Solano-Vesela joins as Global Airfreight Director, Perishables; she was previously with Maersk.
Hybrid Shifting Solutions India secures a US$2.5 million investment from Transworld International, with an additional US$10 million in cash and infrastructure support.
Piyush Goyal delivers the keynote talk at the business meeting with the Federation of Belgian Enterprises with a focus on the 4Ts of Trade, Technology, Tourism, and Talent.
Union Minister Sarbananda Sonowal will kick off the two-day conference at Munnar on May 21.
The government estimates that the carbon tax will affect India’s exports by 1.8per cent, or $8 billion.
The second Alternative Investment Fund will be utilised to make investments in the industrial and warehousing assets of Welspun One.
Farmers claim that the low cost of these imported apples, particularly Iranian apples, made it impossible for Indian apple farmers to compete and resulted in significant losses.
According to Commerce Ministry figures released on May 15, India’s exports to the UAE fell by 22per cent to $2.23 billion from $2.86 billion in April.
By means of the capacity sharing arrangement, Teleport plans to utilise the space on the world’s first A320 freighter, which is flown by Pradhaan Air Express.
Frankfurt will soon become one of the world’s most prominent e-commerce hubs.
The new allocation features in myCargo are expected to completely change how clients handle their online cargo allocations.
Piyush Goyal discusses modalities of engagement for working towards a comprehensive TEPA with EFTA representatives.
The first ministerial meeting of the India-EU Trade and Technology Council will take place in Brussels on May 16, 2023.
According to Bank of Baroda, India’s imports of Russian oil increased tenfold last year.
The cargo and logistics division of Etihad Airways, Etihad Cargo, has received an advanced rating for a key criterion in a BlueSky Sustainability Verification Programme assessment.
Domestic inbound and outbound cargo operations will begin in Jaipur, next to the airport’s terminal building.
MSCI announced last week that it would reduce the free float of two Adani Group entities, Adani Total Gas and Adani Transmission.
With COSCO Shipping Specialised Carriers, GSBN has successfully executed a proof-of-concept (PoC) integrating the electronic bill of lading (eBL) for cargo discharge at Qingdao Port.
It is necessary to review ongoing railway projects to ensure economic efficiency and openness in operation, which will contribute to good governance as per CAG Murmu.
Narayan Rane urged global and domestic firms to continue to invest in India, which is on track to become the world’s third-largest economy.
The operation of freight trains in India has been increasing year-on-year and touched five lakh rakes in the just concluded financial year 2022–23.
The climate group has withdrawn its support for Adani Green, Adani Transmission, and Adani Ports and Special Economic Zone.
“Harit Sagar Guidelines 2023” call for the integration of ecosystem dynamics into port development, operation, and maintenance.
Ministers at MDTI discussed revamping and relaunching the CEO Forum between Canada and India.
PM laid the foundation stone, inaugurated, and dedicated to the nation; projects worth over Rs. 5500 crores on May 10, 2023.
With development of Sittwe Port, shipping products between Kolkata and Agartala and Aizwal will cost and take 50per cent less time.
Technology adoption and the inclusion of additional services have transformed India Post into a modern and diverse service provider.
India-UAE bilateral trade touched an all-time high of USD 84 billion in FY 2022–23 after the India-UAE CEPA was implemented, says DPIIT Secretary
With the addition of two Boeing 747-400Fs to its fleet of freighters, Emirates SkyCargo plans to double its current capacity over the next ten years.
Shantanu Thakur, Minister of State for Ports, Shipping, and Waterways, flagged off the vessel ‘M.V. MSS Galena’ from V.O. Chidambaranar Port as the direct shipping service between Tuticorin and the Maldives.
The South-Central Railway (SCR) Secunderabad division has chosen to build a new Gati Shakti Multi-Modal Cargo Terminal (GCT) near the Gadchandur station.
BPI Airport in Bhubaneswar has installed a 4MWp ground-mounted solar power plant in the operational area, making it one of India’s few airports that is completely sustainable.
Between April 2022 and January 2023, India imported around 600 tonnes of gold, a decrease caused by high import taxes, as per experts.
The collaboration between LSC and FFFAI would provide a big push for skill development initiatives pertaining to the logistics industry in India.
Deutsche Post DHL Group observed a significant reduction in airfreight volumes in the first quarter of 2023, which it attributed to “normalisation of market conditions.”
With the launch of its digital freight booking and management platform, Tiger Logistics intends to revolutionise the global logistics sector in India.
The safety app ‘i-Report’ will be available in over 200 locations across 22 states and will be manned 24 X 7, by 1000+ trained operators.
In five to six years, the food and beverage industry is expected to grow to a Rs 5,000 crore business, stated Mohit Malhotra, CEO of Dabur India.
The India-UAE CEPA beat virtually all other FTAs in terms of utilisation between May 2022 and March 2023, based on a Commerce Department report.
BizAmp, an outreach programme aiming at boosting MSMEs in the Northeastern states, was organised on May 4, 2023, at Dimapur, Nagaland.
In its Logistics Performance Index (LPI) Report for 2023, the World Bank said that JNPA turnarounds container ships in 22 hours.
Award-winning Atlanta-based logistics company Vector Global Logistics strives to serve as a one-stop shop for clients’ show freight needs.
The Air Cargo Forum India (ACFI) held its annual conclave at the Le Meridien Hotel in New Delhi on May 3, 2023, with the theme “Cargo Udaan- Connecting and Empowering Indian Skies.”
India has been working hard to improve connectivity both within and beyond the country. This is one of a few international efforts involving India, and it is part of India’s international strategy.
To conduct a trial run for a facility at Sittwe in Myanmar, a cargo ship will be flagged off from the Kolkata port now known as Syama Prasad Mookerjee Port (SMP) on May 4.
Railway Board Chairman Anil Kumar Lahoti announced on May 3 that the nation’s first hydrogen train is being developed and efforts are being made to start trials as soon as possible.
The airport, which would be located around 50 kilometres from Visakhapatnam, will have a capacity of 60 lakh passengers per year and is projected to be completed in 36 months.
Since its founding in 1963, IIFT has actively pursued all opportunities to develop itself as a recognised centre of excellence in global trade and commerce.
At the 16th IATA World Cargo Symposium (WCS) in Istanbul, Turkey, LATAM Cargo and Swiss Airtainer (SAT) were named the recipients of the IATA Air Cargo Innovation Awards for 2023.
The government has reduced the windfall tax on crude oil from ₹6,400 per tonne to ₹4,100 per tonne.
The China Merchants Group’s $392 million investment in a sizable logistics complex at Colombo Port marks the country’s first significant foreign investment since its recent economic crisis.
Spread over 4 lakh square feet, the new fulfilment centre will further strengthen Flipkart’s supply chain infrastructure in the state.
As per the World Bank’s Logistics Performance Index Report for 2023, India’s average container dwell time is only three days, compared to four to ten days for other nations.
Gadkari calls upon SCO Member States to collaborate on research and development for effective solutions to contemporary challenges in the road transport sector.
A strong, stable, decisive, and transparent government is the key to achieving our Hon. PM’s goal of making India a $5 trillion economy by 2025, stated Union Minister.
A comprehensive agreement known as CEPA was signed on February 18, 2022, and it became effective on May 1 of the same year.
The Gem & Jewellery Export Promotion Council (GJEPC) hosted the 49th India Gem & Jewellery Awards (IGJA) in Mumbai, with Union Minister Piyush Goyal as honorary chief guest.
The Minister for Road Transport and Highways said in an official statement that NHAI is creating world-class “Wayside Amenities (WSA)” at more than 600 spots along the National Highways.
Shankar Shinde’s selection to the Board of Governing Council would strengthen LSC’s ground-level reach in the end-to-end logistics business of PAN India.
The Transport Corporation of India Group (TCI Group) has partnered with IIM Bangalore to develop the TCI-IIMB Supply Chain Sustainability Lab.
Edward’s tenure began in April 2023, and he will be responsible for managing GMR’s cargo operations in New Delhi, Goa, Hyderabad, and all upcoming airports.
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 container shipping giant announced on Tuesday that it had stopped taking fresh bookings of goods for Sudan due to ongoing violence in the country.
The airline will own a fleet of ATR-72 aircraft with 76 seats. It will begin operations in the last quarter of 2023 with three aircraft and then scale up to six.
The inauguration date is yet to be finalised. Union Minister Nitin Gadkari will inspect the expressway before launch.
India’s largest expressway, 1,386 km long, is being built between Delhi and Mumbai, while the Delhi – Dausa – Lalsot section of this expressway is already operational.
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 Curtain Raiser was held at New Udaan Bhawan, New Delhi, and was attended by the Board of ACFI, along with the who’s who of the logistics industry.
On Friday, the Ministry of Civil Aviation started inviting bids from airlines for many routes under the fifth round of its regional connectivity scheme, UDAN.
The Union Minister for Ports, Shipping and Waterways inaugurated on Monday the National Technology Centre for Ports, Waterways and Coasts (NTCPWC) to bolster Make in India tech solutions.
The two major infrastructure development projects to boost the runway handling capacity from 35 to 45 flights per hour are nearing completion.
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.
Bureau of Civil Aviation Security (BCAS) gave the approval for the self-handling of outbound cargo by IndiGo.
Union Minister Sarabananda Sonowal announced on Sunday that the corridor will boost maritime trade between the two nations.
The 22-kilometres-long bridge, proposed over four decades ago, is targeting inauguration by year-end. The 18,000 crores bridge will link Sewri with Nhava Sheva.
Road construction was completed for 50,555 kilometres in 2022-23 from 30,692 kilometres in 2015-16, including 2,506 kilometres border roads.
The salaries of pilots and cabin crew has been revised effective April 1, 2023. The airline plans to hire over 4,200 trainee cabin crew and 900 pilots this year.
The oil company’s Eastern Trade arm pledged to work with the port authority to develop charging infrastructure to reduce emissions from vessels.
The national carrier may soon sport a new colour scheme, changed interiors, a new uniform for the cabin crew, and a female mascot to accompany the Maharaja.
Freight forwarders are pushing for enhanced data protection and confidentiality standards in digital trading and booking systems.
The Union Minister gave the nod to building Oil Jetty Number 9 to handle all kinds of liquid cargo at Kandla on a BOT basis under PPP Model.
Country’s overall gem and jewellery exports rose slightly by 2.48 per cent to cross ₹3,00,462 crores in 2022-23.
The Austrian logistics giant could fetch around USD 1 billion through the deal.
The drone tech startup aims to provide swift and efficient delivery of medicines at patients’ doorsteps while also cutting down on the delays caused due to traffic.
The Punjab Cabinet Minister stated that the Public Works Department (PWD) allotted the construction tenders, and civil works worth ₹46.91 crores had begun.
Y S Jagan Mohan Reddy, the state Chief Minister will lay the foundation for the greenfield port on April 19.
The two nations have agreed to boost combined efforts in renewable energy, ports, shipping, infrastructure, tourism, pharmaceuticals, food processing, and defence.
The state-owned airport operator searches for new places to deploy its workforce and secure a revenue stream as the government intends to privatise top 25 AAI-owned airports.
Union Minister Jyotiraditya M Scindia was speaking at the 8th National Leadership Conclave hosted by the All India Management Association (AIMA), New Delhi.
The move will help the group unlock value and utilise its retail business’s backend warehousing and related logistics assets.
The Dubai-based government-owned global port operator appointed Nath as the CCO to drive all logistics businesses in the Indian subcontinent.
The rail connectivity will carry freight and passengers and run between the two airports via Bijwasan, Gurugram, Garhi Harsaru – Sultanpur – Farukhnagar – Jhajjar.
The two ministers discussed the state of economy and commerce in the two countries, the existing investment scenarios and mutual topics of interest.
Four tunnels will be built between Rohtang and Ladakh. A route is being built from Kargil to Leh that joins the Zojila and Z-Morh tunnels.
The southern railway line reached an originating freight load of 46.7 million tonnes in 2022-23, the first in 15 years.
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.
The Minister spoke at an event hosted by the think tank, Icrier, where it was pointed out that NCAER in 2019 estimated the logistics cost at 8.8 per cent of GDP.
The proposed new highway between Gandhidham and Maliya is expected to shorten the travel time and distance.
India’s e-commerce logistics shipments and direct-to-consumer (D2C) brands witnessed growth in Tier 2 plus cities. The industry could log over 10 billion shipments by FY 2028.
After talks with Adani representatives, the state government decided to rename the Vizhinjam port as Vizhinjam International Seaport from the earlier Adani Port.
The rapid execution of doubling work has boosted cargo movement on multiple routes. 14,680 freight-carrying rakes were unloaded during the fiscal year 2023.
Cochin International Airport Ltd (CIAL) will receive the new cargo terminal as the construction nears completion and is expected to be inaugurated in September 2023.
Prime Minister Narendra Modi virtually flagged off the Vande Bharat Express from Jaipur to New Delhi via video conferencing.
The new centre will supply automation products like AC Drives, PLC, HMI, Servo Systems, and Temperature controllers designed by Fuji Electric Japan.
Chief Minister YS Jagan Mohan Reddy will lay the foundation stone for the upcoming airport in the Srikakulam district of Bhavanapadu village this month.
The ground handling company will meet Air India’s requirements and possibly other carriers’ demands.
Highways Ministry’s data shows around one-third of these projects are being constructed in Uttar Pradesh, Maharashtra, Karnataka, and Bihar.
This move will enable the Gujarat Infrastructure Development Board (GIDB) to jointly undertake infrastructure development projects through the PPP mode.
The newly appointed Chairman of Mormugao Port Authority (MPA), Dr N Vinod Kumar, shared the Port Authority’s aim to reduce its cargo operations’ impact on the environment.
The Central Board of Indirect Taxes and Customs issues the Certification to recognise business entities that comply with World Customs Organization’s SAFE Framework.
The cold supply chain marketplace raised Series A funding led by IvyCap Ventures; will focus on smart tech adoption to organise the sector.
Before his appointment, Maheshwari led Renewable Energy and Green Hydrogen Ecosystem Development for Reliance Industries.
The air express and ground logistics service provider commenced operations in October 2021 with ₹100 crores seed funding from IIFL and Smiti Holding and Trading.
Shyama Prasad Mookerjee Port transferred 15 per cent of cargo operations to private players and will curb its scope of operations to only maritime in the future.
Spread over 1.48 lakh square feet, the warehouse has 61 bays with dock levellers to manage around 200 trucks daily and a monthly throughput capacity of 150 thousand tonnes.
Brihanmumbai Custom Brokers Association highlighted the challenges with the non-payment of customs duty on the recently launched portal in their report.
The new 7.2-kilometres-long superhighway will be constructed on the existing four-lane Kona Expressway (NH117). Rail Vikas Nigam will complete the project in ₹720.6 crores.
The airport will pause all flight operations on the afternoon of May 2 to accommodate pre-monsoon repairs and maintenance work on its runways.
Global traffic scaled 89.7 per cent in February 2023 against February 2022, led by the Asia Pacific region.
The Union Minister made the announcement during CII’s International Conference on Advanced and Short-Haul Air Mobility for All (ASHA): Technologies for Ease of Transport.
The freight revenue logged on March 28th is the highest ever for the division, a 27.43 per cent rise over the total freight revenue logged during the financial year 2022.
Camille will join the Group’s executive committee chaired by Marie-Christine Lombard, the Chief Executive Officer of GEODIS.
The new highway will facilitate faster transportation of regional fruits and other produce from the Konkan area.
The air cargo veteran held leadership positions for the Swiss Air Cargo Division in Mumbai for nearly four decades.
Liladhar Pasoo’s warehousing arm became the preferred warehousing partner for top speciality chemical brands.
The Marketing and Finance professional with over two decades of experience managing P&L has been brought in to enhance business growth.
The FFFAI Chairman, Shankar Shinde, and MIFFA Chairman, Dr Aye Aye, signed the MOU in FFFAI’s Mumbai Headquarters.
The Vande Bharat Express train will run between Bhopal and Delhi to cover a 708 km distance in 7.45 hours.
Tata Advanced Systems will manufacture these doors in their new facility in Hyderabad. Each shipset will have one bulk cargo door and two cargo doors.
The UAE carrier is not concerned about competition from Indian carriers expanding aggressively to global destinations. It believes such competition will drive innovation.
The new Policy comes into effect on April 1, 2023, and has no end date. It will be updated as and when needed.
The Union Minister for Ports, Shipping and Waterways unveiled the app on Friday to give real-time updates to exporters, importers, and customs brokers.
APM is among the largest operators at Rotterdam Port and runs a kilometre-long quay in the city for serving the deep sea container ships.
The logistics software solutions provider hosted the event in New Delhi between March 27 and 29, 2023, led by Co-Founder and Director, Jasraj Chug.
Temporary parking and drop-off area are ready for operations. Bus, cab, and metro will be clubbed under one roof at the airport, leaving passengers’ commuting troubles unresolved.
Union Minister Sarbananda Sonowal said this development will boost regional development and strengthen eastern India’s trade across Bangladesh, Bhutan, India, and Nepal.
The Shipping Minister, Sarbananda Sonowal, announced the centre’s plans to operationalise the initial Green Tugs at all major ports by 2025.
The Union Minister will launch 31 highway projects worth ₹13,296 crores, including 21 in Ranchi, for an investment of ₹9,453 crores.
Union Minister Jyotiraditya Scindia inaugurated the flights and announced extending the runway to accommodate Airbus A320 and Boeing 737 aircraft.
The railway line connecting Kashmir Valley with the rest of the country is expected to be completed this year, ready to receive the Vande Bharat trains by next year.
The Senior Road, Transport, and Highways Ministry officials confirmed the government’s plan to bid out 6-7 multi-modal logistics parks in the financial year 2023-24.
The airline will operate two flights a day, four days every week; Tuesday, Thursday, Friday, and Sunday.
The transhipment cargo moved across the Bangladesh-India border at Benapole-Petrapole and reached Delhi International Airport to fly to Spain.
The Ministry of Civil Aviation (MoCA) encouraged the use of Sustainable Aviation Fuel (SAF) and other initiatives to reduce carbon emissions at airports.
The Tata Group-owned national carrier is upgrading its systems and planning to enhance its collaboration with international airlines.
The night navigation facility coming up at Kolkata dock and the ₹450 crores Balagarh Terminal are expected to boost the trade at Kolkata Port by 30 per cent.
The freight forwarders body has also nominated Kumar, Assistant Marketing Manager, for FIATA YLP-YIFFA 2023 from India.
Russian Railways Holding has shown keen interest in supporting Indian railway projects’ modernisation drive.
As air travel demand rose 54% year-on-year in February, the central government plans to revamp existing and build new greenfield airports by 2025.
The state government on Saturday launched the policy to boost infrastructure development, logistical cost reduction, and draw participation from the private sector.
The French-Japanese automotive alliance signed an agreement with Kamarajar Port to export cars made by Renault Nissan Automotive India in Chennai.
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 railway stations at Ajmer, Abu Road, Alwar, Asalpur, Balotra, Bandikui, Dausa, Chittorgarh, and Jobner, to receive the upgrade.
The state-owned ship-building facility bagged the order to construct world’s first zero-emission feeder container vessel from Rotterdam-based Samskip Group in a ₹550 crore deal.
Union Home Minister, Amit Shah, visited the city on Saturday to hand over the gazette notification permitting the airport to receive immigration and customs facilities.
The leading aviation advisory and research practice will host over 300 senior executives from the Indian aviation fraternity at Hyatt Regency, New Delhi.
The national transport company intends to increase its share of the total domestic cargo movement from around 27 per cent to 45 under its national rail plan.
The Middle East’s largest alternative asset holding company believes India’s manufacturing goals and the eCommerce demand will fuel the logistics industry.
The Association celebrated the occasion on March 8, 2023, at its Headquarters in Mumbai, with FFFAI Women’s Wing members attending in person and online.
The German warehousing and intralogistics giant opened its new facility in Maharashtra with an equipment and spare parts warehouse, workshop and training centre.
Haryana Chief Minister, Manohar Lal Khatter, announced on Sunday while addressing the audience at the Haryana Krishi Vikas Mela in Hisar.
Shazul was earlier Director, Fast Logistics, and handled several complex assignments for their Indian and global operations.
The Railways Minister attended the CII Partnership Summit 2023 and applauded the budget allocation of ₹2.40 lakh crores that will change the productivity of the Indian economy.
UAE’s Minister of Economy, Abdulla bin Touq Al Marri visited the Hind Terminals Logistics Park in Palwal, Haryana, to review the hub’s current operational scenario.
The terminal faced congestion due to berth closures at other ports and missed vessel schedules because of some events in China. The port authority plans to install a container scanner at the parking plaza to speed up the movement.
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.
Sunil Barthwal, Secretary, Department of Commerce, announced the plan to launch the new Foreign Trade Policy 2022-27 by March end.
CONCOR, Adani Ports, JSW Infrastructure among the ten entities to sign an EOI to build, run a container transhipment port at Galathea Bay in the Great Nicobar Island.
The drone tech startup aims to hire more drone pilots, designers, technicians, and operations heads by the year’s end.
India’s First RA-3 Certified an Off-Airport Facility Status Received by Continental Carriers for AFS
Continental Carriers Air Freight Station in Kapashera, New Delhi, becomes the first facility to be RA-3 certified, an off-airport common user facility by the European Union and the United Kingdom.
Gati extended its last-mile delivery partnership using EVs with IKEA in Bengaluru. It aims to fully convert its pickup and delivery fleet to EVs by 2025.
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.
The event held at the Taj, MG Road, Bengaluru, was attended by dignitaries from the customs, aviation, and logistics fraternity.
Chairman-Managing Director, CONCOR, Kalyana Rama, inaugurated the facility. It has a capacity of 4,416 pallets, equipped with the latest machinery and technology.
CONCOR’s wholly owned subsidiary, Fresh and Healthy Enterprises Limited (FHEL) launched Haryana’s largest modernised cold storage facility, over 30,860 square feet.
The Transport Services Sectional Committee, SSD 01, under the Bureau of Indian Standards, published the safety guidelines for dangerous goods transportation.
The two nations signed the MoU on forming the semiconductor supply chain and innovation partnership under the outline of the India-US Commercial Dialogue.
Transport Corporation India’s Safe Safar initiative to educate drivers across Delhi-NCR and pull them into the limelight is drawing crowds.
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.
Sutch served as CMA CGM Air Cargo’s Chief Commercial Officer based in Marseille. Before that, he worked with Cathay Pacific Airways for five years in Mumbai.
The airline partnered with the IT firm, CargoAi, to use the latter’s CargoGATE solution to launch its e-booking platform by mid-2023.
The Association announced last week that new incentives, investment programmes are needed to meet Sustainable Aviation Fuel production and usage targets.
Sumita Dawra, Special Secretary, Logistics Division, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, delivered the inaugural address.
The move aims to strengthen the company’s position in Contract Logistics and facilitate synergies with the express logistics division under Gati.
Air India, Air India Express, AirAsia India to fly all-women crew flights to celebrate Women’s Day and the 90th anniversary of Bharat Ratna JRD Tata’s first commercial flight.
The two-decades-old supply chain logistics providers announced on Thursday their plans to increase the female force to create a more diverse and balanced employee strength.
He stressed the need for an integrated process to accurately assess the demand for construction materials and skillsets needed for growth in the infrastructure sector.
Indian Ports Association recorded an 11.79 per cent year-on-year increase in cargo traffic to reach 65.45 million tonnes in February 2023.
JSW Infrastructure Limited will sign an MoU with the Andhra Pradesh state government to build and operate two cargo berths at the upcoming Ramayapatnam Port for 30 years.
Cochin International Airport Limited (CIAL) announced the latest addition to its summer schedule with 282 new flight operations per week.
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.
Tamil Nadu government will provide additional land to the Airports Authority of India (AAI) for building the proposed airport.
Rajiv Jalota, Chairman, Mumbai Port Authority (MbPA) and Indian Ports Association, has assumed additional charge of Director General of Shipping, succeeding Amitabh Kumar, IRS.
The Saudi Ports Authority (Mawani) announced that cargo operator MSC will add Jeddah Islamic Port to the East Africa – Red Sea and Red Sea shipping services route.
The trade industry, especially the automotive industry, is shifting from air to sea freight due to cheaper rates and improved sea reliability.
Adani Group is planning the upgradation of Lucknow’s Chaudhary Charan Singh International Airport (CCSIA). Phase I of the new terminal is expected to be ready by October 2023.
The Network Planning Group, formed under PM GatiShakti in October 2022, approved these big projects from different ministries.
Ministry of Road Transport and Highway (MoRTH) announced on Tuesday that the three-phased project has been awarded to GR Infraprojects Limited.
Gurugram-based industrial group has raised the amount from a Singaporean private equity fund and bid adieu to the existing financial associate, Morgan Stanley.
SOGEPP approached HAROPA PORT to increase river traffic to and from Gennevilliers. The goal is to develop this traffic between Normandy’s seaports and the Paris area.
Both released whitepaper addressing the uncertainty around the soon-to-be mandatory platform and push maritime industry to prioritise digitalisation to enhance efficiency.
Dr Pushpendra Pratap Singh, Country Head of the logistics giant, attended the Ms Ridz Dime Darrel Award Ceremony on February 17th in Mumbai as a Chief Guest.
The Union Minister for Housing and Urban Affairs and Minister for Petroleum and Natural Gas facilitated the duo at a ceremony this week.
The railway ministry is expediting the launch of hydrogen trains worth around ₹2,800 crores.
The Union Minister for Road Transport and Highways approved the construction of highways in Andhra Pradesh and West Bengal worth ₹1,292.65 crores.
In a bid to reduce France’s carbon footprint, the Elisabeth Borne government plans to expand and upgrade the country’s rail network.
The owner of Svelland Capital predicted that the industry could have a record year based on how things are moving in the shipping industry.
The port runs around the year and is working with IIT Madras to employ enterprise-level business software for digitising its operations.
The decision will assist the carrier in providing complete services to passengers of AirAsia India domestic to international flights of other airlines.
The cargo club is organising this year’s annual event at Bel-la-Monde, Rangpuri, Delhi.
Air India, AirAsia, Vistara, and IndiGo are contemplating making the Noida International Airport their transit hub for the Asia Pacific region.
This is expected to resolve the ultra-long-haul flights getting cancelled or delayed due to crew shortages.
The aircraft manufacturer had to stop deliveries of the 787-passenger jets after its supplier highlighted issues with a part near the airplane’s front.
One of India’s leading logistics companies, Bobba Group, opened the doors to its advanced tech micro-warehousing facility in Bengaluru on Friday.
RBB Ship Chartering Private Limited’s fully-owned subsidiary RSCPL (IFSC) Private Limited, becomes the first company to get a Ship leasing license in GIFT City.
The Cabinet Minister, Suresh Khanna, announced about the infrastructural development in his budget 2023-24 speech on Wednesday.
The agreement will facilitate seamless and advanced connectivity while offering commercial growth opportunities to the airlines of both the nations.
The land is next to Yamuna Expressway and will house the Central Industrial Security Force (CISF) who will look after the security of the upcoming international airport.
DGCA has directed all aircraft operators to set up Standard Operating Procedures (SOP) including a ‘no destination alternate’ to ensure safety of their commercial flights.
The country exported merchandise and services worth USD 641.24 billion in the current fiscal till January, while the imports stood at USD 753.19 Billion in the same period.
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.
The move comes while EV Cargo has been on an acquisition spree lately, securing a 60 per cent shareholding of Allport Netherlands and Fast Forward Freight last year.
This was a 9.2 per cent jump from December 2022 and pushed the share of Russian crude to 28 per cent from earlier 0.2 per cent of Indian oil imports.
CM Shivraj Singh Chouhan announced that the expressway will run from Bhopal to Singrauli via Damoh, Katni, Rewa, and Sidhi.
The Japanese cargo drone and flying car maker, SkyDrive, is approaching potential partners for entering the Indian drone logistics market.
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.
Over the next two years, several domestic carriers, including Indigo, are planning to order 1,000 – 1,200 aircraft.
The Syama Prasad Mookerjee Port handled 54.254 million tons of cargo in the first three quarters of FY 2023, a jump of 14.75 per cent over last year.
The Network Planning Group (NPG) under PM’s Gati Shakti has given the green signal to three projects to double the lines between Maharashtra’s Aurangabad and Ankai.
The fastest-growing packaging enterprise, Ardour Group, has entered flexible packaging. This packaging type uses non-rigid materials for better economical and customisable options.
Scoot will become Singapore’s first carrier to operate this 112-seater aircraft. The move will drive growth and enhance their network connectivity.
Around 150 senior representatives from the logistics industry are expected to grace the occasion with their presence. The event will be held at the Taj, MG Road, Bengaluru.
The Tacoma-based stevedoring company joined the global association of cargo handling service providers as a new corporate member earlier this month.
The two companies entered a partnership on February 15th, 2023, to develop innovative drone solutions for several industries.
Mr. Marine is known for marine elevators, gas detection, and ballast water treatment markets.
The joint venture between Tata Group and Singapore Airlines recognised the freight forwarder’s contribution to its domestic carrier, Vistara’s annual cargo movement.
The DCSA members will convert 50 per cent of the original bills of lading to digital within the next five years to save costs.
The Asian carrier will deploy iCargo as the new software to manage its cargo handling operations.
International and domestic shipments rose by 14 per cent. Domestic shipments of roses rose 31 per cent year-on-year to 178 tons, or 6.6 million rose stems.
The move is backed by Indian Oil’s take-or-pay deal to build the facility in Andhra Pradesh’s port. The port’s five lakh capacity will be underwritten by the oil major.
The Southeast Asian nation plans to increase the number of its civil airports from 22 to 20 to promote tourism and international trade.
The American aerospace giant plans to stock spare parts for speedier delivery to its customers in the country, including commercial and defence aircraft.
The senior executive joins the global air charter specialist from Inflite The Jet Centre, with whom he was posted at London Stansted Airport.
The airline has struck deals with the two airplane manufacturers in historic agreements worth USD 80 billion.
Last year, Union and Civil Aviation Minister Jyotiraditya Scindia appealed to eight states to reduce the VAT to allow proper recovery of the travel sector post-pandemic.
The state government’s new warehousing and logistics policy is set to encourage the private sector to transform the supply chain scenario in the area.
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 move comes as part of the agreement between Kerala government and Adani Ports to build the breakwater facility at the Thiruvananthapuram port.
Yamuna International Airport Private Limited (Noida Airport Operator) has selected the airport services company to design, build, finance, and operate the cargo hub in Jewar, Uttar Pradesh.
This is the third non-stop route for the national carrier between Mumbai and USA. The other two routes are Newark (EWR) and San Francisco (SFO).
The FFFAI Chairman was unanimously elected as the Chair of the International Federation of Customs Brokers Associations (IFCBA) in the AGM held on February 8th.
The Software provider has signed separate agreements with the GSSA, Airnautic, and the GSA, A.D. Aviation, to integrate its ERP platform with their existing software.
The integrated temperature-controlled logistics provider opened its first advanced A-Grade dry warehouse in Shoolagiri, Tamil Nadu, for storing, distributing hazardous chemicals.
Ministry of Railways is constructing Eastern and Western Dedicated Freight Corridors (DFCs) and has spent ₹92,957 crores till December 2022 on the project.
Agricultural and processed food products exports rise by 13 per cent to USD 19.7 billion and processed fruits and vegetables by 30.36 per cent to USD 1472 million by December 2022.
The Indian IT Logistics company powered the cargo management system for the newly launched airport in Goa to support sustainable operations.
Gati recorded the highest-ever quarterly revenue of ₹379 crores in Q3 FY23. Their Express business clocked ₹1,114 crores till December 2022, growing by 20.7 per cent against FY22.
Indian refiners’ intense negotiations managed to import the fuel at discounted rates, thus making Russia the top supplier of crude oil for the fourth month.
The shipping giant joins the list of shipping lines scrapping and selling off old vessels for recycling to correct the losses suffered during the pandemic.
India’s lack of infrastructure is expected to be corrected with an investment of ₹1,00,000 – ₹1,25,000 crores under the Maritima India Vision (MIV) 2030.
Samsung and Xiaomi enjoy a 23 per cent and 21 per cent market share, respectively, as the uber-premium smartphone segment witnesses over a 95 per cent hike year-on-year.
On Monday, Sarbananda Sonowal met with Qatar Transport Minister Jassim Saif Ahmed Al-Sulaiti in New Delhi to strengthen the port interaction and bilateral maritime cooperation.
The two companies have signed an agreement to dredge the stretch in the region, covering the areas of Brahmaputra, Barak, Dhansiri, and Kopili rivers.
Surat (STV), Bagdogra (IXB), and Bhubaneswar (BBI) to be served by Air Asia India. The move comes after Air Asia India was fully subsidiarised in November 2022.
The project that shall resolve many of the city’s traffic woes is 83per cent complete.
The eastern railway zone crossed 200.4 million tons, thus achieving its target for the current fiscal in less than a year.
AAI and other airport operators have major plans to build new airports and expand the existing ones by 2025.
The hub witnessed a jump in passenger traffic and cargo volumes in CY 2022 due to resumed airline operations worldwide.
Ministry of Ayush and the Ministry of Skill Development and Entrepreneurship have adopted the Master Plan.
KSH Logistics’ Operations Head, Deepak Tiwari, opens up on the recent budget and what it holds for the industry.
The government is expected to replace Foreign Trade Policy (FTP) with a vision statement on foreign trade, focusing on trade-oriented long-term goals.
‘Bright Star’ Budget 2023 Opinion by Debajyoti Bagchi, Vice President, Trucking & Air Cargo Charters
The current budget puts India on the path to sustainable economic development through investments in infrastructure, AI, women empowerment, and digitisation.
The two companies have signed a contract to develop and maintain a fairway on national waterways in the North East at an estimated cost of ₹204.50 crore.
The terminal operator to build, operate, and maintain the terminal at Tuna-Tekra via a public-private partnership on a Build-Operate-Transfer (BOT) model.
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.
According to the Union Ministry of Civil Aviation, the sector lost more than Rs 12,479 crores in FY 2020–21, and Rs 11,658 crores in FY 2021–22.
Ashok Leyland’s anticipated ₹2,000-cr investment under PLI will include some manufacturing of electric and hydrogen technology.
As per the Survey, total budgetary assistance for investments in the industry has been rising quickly over the last four years and was approximately 1.4 lakh crores for FY23.
The new benchmarking tool takes just seven minutes to provide firms with specific information and suggestions on the level of last-mile operations maturity.
See what leaders of the logistics industry are saying about the 2023 Union Budget Revealed by the Finance Minister Nirmala Sitaraman on Feb 1, 2023.
Turkish Cargo is now available on CargoAi’s marketplace solution (CargoMART) for users in four countries.
Finance Minister Nirmala Sitharaman presented the last full budget of the second term of the Modi government on Tuesday. She focused on 7 key areas while also mentioning significant growth areas for the automobile, road transportation, and energy sector.
Finance Minister Nirmala Sitharaman mentioned seven major sectors that the union budget focuses on. And, one of these was infrastructure and logistics.
Adani Group recently took over one of Israel’s biggest commercial ports i.e., the Haifa Port, responsible for handling half of the country’s container cargo.
One of the biggest integrated logistics companies, Maersk recently entered into a strategic partnership with berlin-based Cozero to improve the emission visibility for international e-commerce.
One of the leading providers of logistics data management, Enveyo was chosen by GEODIS to back their Logistics Analytics, Visibility, and Freight Audit.
A new distribution business line, soon to be added by AD Logistics that would be exclusively handling Healthcare products.
Saudi Logistics Services, commonly known as SAL, and Bangalore-based Menzies Aviation recently signed an MOU at the Saudi Airport to deliver best-in-all services.
Succeeding Anne Marie van Hemert, Royal Schiphol Group recently announced Joost van Doesburg as their new head of cargo.
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
In presence of several dignitaries, ITC’s state-of-the-art Integrated Food Manufacturing and Logistics Facility was inaugurated in Medak, Telangana
Canadian Pension Plan Investment Board has invested a whooping $205 Million towards the development of the logistics parks by India’s leading logistics operator IndoSpace.
India exported engineering goods of $111.63 billion in FY22, an increase of 45.51per cent year over year.
Two contracts have been negotiated between the new Indian airline and AFI KLM E&M through its wholly-owned subsidiary EPCOR.
With more than 150 staff members from its corporate headquarters and branch offices, Tiger Logistics, a top provider of global logistics solutions, hosted their Vision Fest 2023.
The logistics cost for air cargo will be reduced by approximately 10–14 per cent due to the road connectivity from Kolkata.
The Greenfield Logistics Park will be a world-class warehousing facility comprising a general warehouse, a bonded warehouse, a consolidation centre, cold storage facility, and office space.
The PMEGP scheme will generate approximately 26000 new job opportunities through the distribution of margin money grant amounts.
Through collaborations, the group will close the knowledge gap between the start-up ecosystems of G20 member countries and emerging economies.
Nitin Gadkari talks with a Japanese delegation about sustainable infrastructure development to reinforce their ongoing relationship.
New India-US service added by Hapag-Lloyd and CMA CGM via Jeddah.
In order to extend and expedite delivery throughout one of its key markets, Amazon.com launches Amazon Air, a dedicated air freight service, in India.
Nitin Gadkari is presiding over the Group of Infrastructure Committee’s 10th meeting to review ongoing inter-ministerial issues relating to the execution of key infrastructure projects.
In the presence of Shantanu Thakur, MoS, MoPSW, Shripad Naik, MoS, MoPSW, and other senior dignitaries, the Minister inaugurated Oil Jetty No. 7 at Deendayal Port, Kandla.
Piyush Goyal was speaking at the fourth plenary session of the B20 India Inception Meeting on Building Resilient Global Value Chains in Gandhinagar on January 23, 2023.
In Nagpur and Guwahati, Gati, one of India’s top suppliers of express logistics and supply chain solutions, has opened state-of-the-art and technologically advanced STCs.
The Federation of Freight Forwarders Association (FFFAI) held a webinar on January 18, 2023, to discuss significant developments on new routes from India to CIS nations.
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.
To increase its presence in European Union nations, the US, and Australia, the maker of wires and cables, Polycab India, plans to export 2,000 billion by FY26.
The first electronic Bill of Lading (eB/L) transaction using CargoDocs was recently completed by Tata Steel for exports to Turkey.
Continental carriers were honoured for the second year in a row at ASSOCHAM’s 14th International Aviation Conference and Awards, held on January 18, 2023, in New Delhi.
Section 54 of the Act envisages the constitution of an adjudicatory board, which is to perform the functions stipulated under Section 58 of the said Act.
The Indian Ports Association (IPA) and the Research and Information System for Developing Countries (RIS) signed a Memorandum of Understanding to establish a Centre for Maritime Economy and Connectivity.
On January 19, 2023, the Ministry of Ports, Shipping, and Waterways, GoI, in collaboration with India Ports Global, held a workshop in Mumbai on “Linking Chabahar Port with INSTC.”
500 new Vande Bharat trains, hydrogen-powered trains, and modernised rolling stock are among the things that would be covered for railways in the union budget.
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 Department of Financial Services (DFS), Ministry of Finance, organised a half-day symposium on cyber security titled Financial Services Cyber Security (FINSCY) on January 18, 2023.
The simplification of Composition Fee calculations aids in automation and faster service delivery by making the process more efficient and understandable.
DPIIT marks India’s presence at WEF through three lounges with a focus on an investment opportunity, sustainability and inclusive approach to complement economic growth.
With suggestions for last-mile connection and obtaining the optimal multimodal logistics share, NPG examines three projects and urges their implementation.
India’s ongoing negotiations for a proposed comprehensive FTA with the UK and the EU are on track, and the next round of talks with both regions will take place soon.
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 investigation into cases of under-invoicing of Chinese commodities imported into the country has begun, and customs officials have revised the risk-assessment process.
From April to December, imports from Russia increased five times to $32.9 billion, making it the fourth-largest trading partner.
In line with the development of next-generation manufacturing hubs, Scotland has given “Green Freeport” status to two of its ports.
As the government focuses on economic growth and job creation this year, it may consider expanding the designated industrial space provided for the MSME sector, which accounts for roughly 30 per cent of India’s GDP.
In the Series-A round of funding, ESP Logistics technology raised $5 million, with Japan Post Group as their lead investor.
A fund anchored by Temasek and logistics giant Kuehne & Nagel, Reefknot Investments, led a Series-A funding round that saw the logistics management business Locad raise $11 million.
In order to improve customer satisfaction and provide better supply chain solutions, the Good Glamm Group recently extended its partnership with Delhivery.
The Lightning Support Team, commonly abbreviated as LST, has set sky-high goals to be nailed, in order to provide for its customer base in the best and fastest way possible.
Leading technology logistics provider, Guardforce AI secures two long-term contracts for providing state-of-the-art Secured Logistics Services.
Logistics Start-up Porter recently announced that they would be expanding their offerings in terms of insurance and vehicle loans to truck and LCV drivers.
Sarbananda Sonowal and Dr. Manik Saha recently inaugurated India’s first-ever School of Logistics, Waterways and Communication, in Agartala.
World’s most broadly accepted cloud platform, AWS join hand with SAP to accelerate demand and bring in new-age digital transformation for the customers.
With increasing logistics costs, industrialists in Madhya Pradesh have started demanding freight subsidies.
In an official release, the Kolkata port announced that Eol of Rs. 17000cr is to be floated for India’s first mega container transhipment port in Nicobar Islands.
India’s leading logistics company, Allcargo, recently announced the acquisition of a 75 per cent stake in Fir Trade GmbH.
At the roundtable hosted by USIBC, Commerce Minister Piyush Goyal recently talked about the deepening trade engagement between India and the USA.
Swarup Bose, founder, and CEO, Celcius Logistics, India’s first cold chain marketplace player, talks about his expectations from the Union Budget 2023.
12 new weekly flights from London Gatwick have been announced by India’s leading airline and a Star Alliance member, Air India.
Present Hon General Secretary ACAAI, Samir J. Shah has been elected as the Vice–Chairman of the Customs Affairs Institute – FIATA.
Cold storage and warehousing company, FlexCold’s subsidiary is all set to establish warehousing facilities worth $50 Million near Port Charleston.
Astral-Aviation.com recently struck a strategic partnership with Air Logistics Group in order to materialise their vision of expansion into Europe and USA.
In line with the company’s vision of growth and expansion, leading logistics company, MD 3PL rebranded as IronLink Logistics.
Qatar Airways Cargo becomes the first ground handling company and second airline in the world to get CEIV-Li-Batt certification.
AAL transports 20,000 FRT of iron ore reclaimer on a single linear sailing for NMT in Australia.
Stellar Value Chain Solutions will invest approximately INR 200 crores to build seven million sq. ft. of state-of-the-art D2C fulfillment space in six cities by 2026.
Raymond West, a leading global provider of intralogistics solutions, acquires a major stake in Performance Plus Installations.
Coyne Airways is listing available freighter capacity with the online marketplace Airblox for air charter customers and freight forwarders to purchase and trade.
The Indo-Aus ECTA, signed on April 2, 2022, recently came into force after thorough ratification and exchange of written instruments.
The UK Government’s export credit agency, UK Export Finance, recently welcomed their new CEO, UKEF’s former Director of Business Group, Tim Reid.
The Saudi Post Authority, commonly referred to as Mawani, recently reported a 13per cent increase in their annual freight tons for the year 2022.
One of the biggest global end-to-end B2B e-commerce solutions providers, GigaCloud Technology recently appointed its new General Counsel and Vice President of logistics.
In line with Ascend LLC’s efforts toward augmenting customer service, they recently announced the acquisition of a Georgia-based terminal, McDonough.
MegaCorp Logistics, one of the fastest-growing logistics companies, recently partnered with RingCentral to provide seamless support and flexible customer service communication.
Saudi Ports Authority, commonly referred to as Mawani, nodded goodbye to the previous year with a host of remarkable achievements to its name.
Goa becomes the 7th airport for Celebi India’s active Ground handling services.
Harbor Logistics, LLC, one of Nova’s existing portfolio companies, recently acquired Charleston-based ATS.
New Shipping Service to Connect Jubail Commercial Port to 11 Global Ports of the India-East Med Route.
Mirae Asset Credit Opportunities Fund, a category II AIF has made its maiden acquisition of a logistics facility spread over 10-acre land in Bhiwandi near Mumbai.
Insurtech MGA Loadsure has recently received capacity backing from Tokio Marine Kiln (TMK) to improve and increase its data-driven freight offerings.
Vincent Clerc will be the new chief executive officer (CEO) of the Danish shipping company A. P. Møller – Mærsk A/S, replacing Soren Skou who will step down after almost seven years.
The appointments committee of the cabinet recently gave a green flag to the appointment of Anil Kumar Lahoti as the Chairman and CEO of the Railway Board.
Following the launch of their subsidiary in India the previous year, Karthi Baskar has been appointed the managing director of FFAF.
Withdrawal of permission to accept palletised air cargo leads to 100 tonnes of export cargo being withheld at the Chennai Airport.
Following the accelerated pace of business activities, ICRA expects a 13 per cent growth in road logistics in India for the upcoming year.
Prime Minister Narendra Modi’s vision for 2023 is to have mobile phone exports worth Rs 1 lakh crore to spur the growth of the sector.
Fearing supply chain disruptions due to China’s COVID crisis, consumer durable makers in India have stocked up inventories to prevent slack in meeting the demands.
Indian Railways’ freight loading exceeded last year’s loading and earnings by 16 per cent, thus generating Rs. 120,478 against the previous, i.e., Rs. 104,040.
One of the largest and most premier providers of transportation and logistics, Schneider, recently completed the transition of its western railway operations to the Union Pacific Railroad.
Recently, the Finance Ministry agreed on the disbursement of Rs. 4,000 crores to the states for the infrastructural projects aligned with the PM Gati Shakti Scheme.
The global logistics leader, A.P. Moller-Maersk, recently completed the acquisition of the project logistics expert, Martin Bencher Group.
The 62.65 km long, New electrified broad gauge DFCCIL double rail line, running between New Karchana and New Sujatpur is finally completed.
Initially developed only for the key government stakeholder, the PM Gati Shakti Portal, now, may soon be open to the private companies.
The federal budget for fiscal 2023 included increased funding of $1.7 trillion for the Department of Transportation (DOT), which is over and above the allocation requested by the White House.
The world’s largest industrial real estate investment trust, Lineage Logistics raised $700 million to fund investment, from its existing strategic partners.
Tata Steel and deep-tech startup TuTr recently signed a Memorandum of Agreement (MoA) to develop Hyperloop Transportation Technology.
Recently, one of India’s leading BPM solutions providers, One Point One Solutions ventured into the logistics domain by signing Porter as their new client.
In line with DFDS’s vision of expansion, it recently signed a £140 million agreement to acquire 100% of McBurney Transport Group.
2022 has been a rollercoaster of experiences. While many gave up to the odds, others, like the quick commerce companies, made lemonade out of the lemons thrown at them.
The Saudi Ports Authority recently signed a contract to build a state-of-the-art logistics park at the Dammam Port.
The Asian Development Bank recently approved a massive loan of $250 million to strengthen logistics and accelerate growth.
One of the fastest-growing transportation and logistics service providers, United Vision Logistics, commonly known as UVL, has been acquired by Bluestem Equity.
One of India’s leading cement manufacturers, JK Lakshmi Cement, ties up with GreenLine Logistics to bring forth India’s first LNG fleet.
The Chattanooga freight alley, a concentrated hub of transportation and logistics companies, recently welcomed another leading logistics company, Veritas Logistics.
B D Dhalla, a leading Indian transportation company, recently deployed AI-powered technology designed by Netradyne to improve driver and fleet safety.
In sync with its growth plans for 2023, Automated Logistics Systems (ALS) plans to aggressively expand its GR office as well as its employee strength.
OOCL, a global warehousing, and supply chain provider, has recently signed leases with Cainiao P.A.T. Logistics Park to support its warehousing diversification strategy.
In a recent tryst, NTPC and Tecnimont shook hands to sign an MoU for jointly exploring the possibility of green methanol production in India.
The sixth round of discussion on the FTA between India and the UK concluded recently, with the seventh round planned for January.
The mega infrastructural project taken up by the Indian Railways, i.e., establishing Dedicated Freight Corridors, is all set to boost e-commerce and the MSME market.
The logistics park owned by KSH Logistics Infra Industrial Park has been recently acquired by Mapletree Investment for about Rs. 320 crores ($38.7 million).
The Sittwe Port project started in 2009 as a part of the KMTT nears its completion and would be open soon for facilitating direct trade between India and Myanmar.
According to NHAI sources, with the drawings approved by the Indian Railways, the work for the Port- Maduravoyal project is all set to start in the next 3 months in Chennai.
Signing a five-year contract with Maruti Suzuki, Kamarajar adds to the list of ports contracted for exporting Maruti Suzuki cars.
The Indian Railways has issued a letter of Award to Siemens, India for the seamless manufacturing and maintenance of 9000 HP Electric Freight Locomotives.
The new Warehousing and Logistics Policy, which seeks to expedite land allotments, implement incentive programs, and jump-start the construction of logistics enclaves, received approval from the UP Cabinet on Thursday.
GEODIS, a leading global logistics provider, has established in Bangalore its sixth strategic control tower for its Supply Chain Optimization Line of Business, which specialises in supply chain management and advisory.
Celebi WhatsApp Connect was introduced by Celebi Delhi Cargo at Indira Gandhi International Airport, New Delhi, on December 22, 2022, and intended for real-time cargo tracking of international cargo.
With COVID fears resurfacing and the recession hitting hard all across the globe, the key is to keep sailing through with the help of technological integrations and automation, says Varun Gada, Director, LP Logiscience LLP.
Both Sri Lanka and Russia are in talks to use the rupee for their international trade soon after the government announced its intention to promote the Indian rupee trade settlement mechanism.
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.
The largest airport operator in India, the Adani Group, recently rolled out its all-in-one in-house consumer app, Adani One, for its airport vertical.
Lodha Green Digital Infrastructure acquired 8 acres of land in Mumbai for warehouse expansion and setting up around 4 lakh sq. ft. Grade-A multi-tenanted in-city fulfilment centre.
The logistics giant Delhivery is prepping up to acquire Pune-based tech firm Algorythm for Rs. 14.9 crores for enhancing their integrated supply chain solutions.
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.
Alongside the ongoing work in Chennai, the NHLM recently hinted towards investing in three more state-of-the-art logistics parks in the coming year.
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.
1Pay, a fintech startup, recently launched the first-of-its-kind multi-purpose virtual prepaid card for fleet management, with the goal of streamlining operations via a unified platform.
In the ninth edition of the SCALE Awards 2022, organised by the CII Institute in Mumbai, leading logistics service provider ProConnect bags the award for overall excellence in logistics and supply chain management.
The recently held conference, “Reconnecting with Resilience,” organised by the IFCBA, has been well-appreciated for its successful execution by the FFFAI.
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.
As per government directions, twenty-five airports lying under the Airport Authority of India are expected to be leased out in public interest in the next three years, i.e., 2022-2025.
The Paradip Port, located in the Jagatsinghpur district of Orissa, recently celebrated the momentous achievement of handling 6,49,730 metric tonnes of cargo traffic in a single day.
Aiming to expand its business vertical, Jet Freight plans to create employment by inducting 100 skilled logistics professionals for operations, sales, and pricing profiles.
India’s largest supply chain and logistics company, Safexpress, recently launched its 74th state-of-the-art Logistics Park near Mappedu in the Thiruvallur district of Chennai, Tamil Nadu.
The Danish shipping company, Maersk, signs its ninth green methanol deal globally, this time with US-based Sungas Renewables.
The India Infrastructure Finance Company Limited (IIFCL) recently approved loans totaling Rs. 8,244 crore with the goal of increasing port capacity by 836 million tonnes per annum (MTPA).
The honorable Prime Minister, Narendra Modi, attended the Golden Jubilee event organised by NEC, commemorating 50 years of their journey since 1972.
Nitin Gadkari, Union Minister for Road Transport and Highways, recently laid the foundation for eight National Highway Projects that would strengthen India’s road network.
Change is the only constant but what matters is the foundation laid. And that’s what called for a celebration as CBIC commemorated 60 years of the Customs Act, 1962.
Reports suggest that warehousing and logistic supplies are expected to show exponential growth in the years to come, crossing 700 million square feet by 2030.
Hoping to utilize the A321 narrow-body fleet to tackle modern-day supply chain issues, Indigo is seeking DGCA approval to operate Boeing 777 on a wet lease.
Moment of joy for the students of the Gati Shakti University as they prepare to welcome Railway Minister, Ashwini Vaishnaw, as the first-ever chancellor.
Good news drops in from the Deendayal Port Authority as they confirm the Kandla’s Liquid Jetty No. 7 is in its final stage.
Dachser is all set to pave the way to its future growth in the Air & Sea Logistics (ASL).
After a really long wait, Congo Republic and the Democratic Republic of Congo rejoice as they prepare themselves to welcome the newer avenues after being connected to the world.
Sudan on Tuesday signed a preliminary agreement with a group led by the UAE’s AD Ports Group and Invictus Investment to build and operate the Abu Amama port and economic zone.
Smartr has been known to conquer the markets with its pan-India air express service for the past 12 years.
Khalifa Port has grown from 2.43 square kilometres to 8.63 square kilometres, while its quay wall has been significantly extended from 2.3 kilometres to 12.5 kilometers.
FIEO has signed an agreement with Shiprocket, an e-commerce enablement platform, to assist MSME exporters in India in showcasing their products on the IBP.
As it strives for post-pandemic growth and replaces older, less efficient aircraft, United Airlines (UAL.O) announced that it is acquiring 100 Boeing (BA.N) 787 Dreamliners and 100 737 MAXs.
Flipkart’s service arm, Jeeves, was recognised as India’s Most Trusted Consumer Durables Service and Solution Provider 2022 for the second year in a row.
The 9th airport for Celebi India will open in early 2023, with an investment of close to $8 million.
The role of lean warehouse management becomes increasingly relevant with the growth of the global supply chain, warehouses are constantly under pressure for better, faster, and more efficient performance. So, given below is an insight into this new concept, and why it is an extremely important subject for the warehousing industry.
In an effort to cut weight on flights and CO2 emissions, Lufthansa Cargo will start utilising lightweight nets to secure cargo pallets in January.
Vincent Clerc will take over as CEO of the Danish shipping company A. P. Moller-Maersk A/S, succeeding Soren Skou, who will step down after nearly seven years in the position.
Before the sixth round of formal negotiations, UK Trade Secretary Kemi Badenoch will address both teams of senior negotiators.
The postal authorities will set up, operate, and maintain the PBE (Postal Bill of Export) Automated System for electronic declaration filing for goods exported via post.
Warehouse automation, if used effectively, results in the best cost savings, higher productivity levels, and a decrease in theft and pilferage.
The Mopa airport is built on the theme of sustainable infrastructure at a cost of approximately Rs 2,870 crores.
According to official data, the aviation regulator DGCA issued 1,081 commercial pilot licences in 2022, the most for any year in the last decade.
During a recent review meeting, the finance ministry asked stakeholders to look into expanding bilateral trade through SVRAs and internationalising indigenous payment modes.
By acquiring Tata’s fleet of 218 aircraft, Air India becomes the nation’s largest international carrier and the second-largest domestic carrier.
Senior representatives from India and the UK will begin the sixth round of negotiations for a planned free trade agreement (FTA) on Monday, an official announced.
For the construction of a MMLP in Bengaluru, Reliance Industries (RIL) and Prakash Asphalting & Toll Highways (PATH India) submitted bids totalling roughly Rs 1,800 crore.
The ADB loan will fund the program’s first sub-program, strengthening and modernising the multimodal and integrated logistics ecosystem.
ITA Airways Cargo, in collaboration with Air Logistics Group, announced the launch of direct flights from New Delhi to Rome Fiumicino on December 4, 2022.
V-Trans (India), a provider of single-window logistics solutions, announces six new branches in East India with deeper penetration in business verticals.
From December 15, the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme will be extended to Chemicals, Pharmaceuticals, and Iron & Steel Articles.
As part of the nationwide celebrations, the Ministry of Finance’s Central Board of Indirect Taxes and Customs (CBIC) hosted an event at Mumbai’s New Custom House.
Kale and Dagang NeXchange are to pilot a first-of-its-kind digital platform to connect airport stakeholders at Kuala Lumpur International Airport, Malaysia.
Delivery Linked Checkout (DLC), a first-of-its-kind integrated capability, enables retail businesses to achieve profitability in their last-mile logistics.
Short-range aircraft, turbojets, and helicopter imports that are not strictly necessary have been restricted, according to the Ministry of Civil Aviation of India.
New Delhi has also intensified its scrutiny of Chinese companies operating in India.
The Kerala government has said it is committed to the project, which supporters say will create jobs in the region.
The GCT terminals will enhance CMA CGM’s capabilities, which already include 24 shipping lines and a fleet of nine ships under the American President Lines (APL) Lines flag.
FICCI-CMSME organised the annual MSME Summit 2022 with the theme “Pushing Sustainable MSME Growth in India,” on December 5, 2022, in New Delhi.
According to the average estimate from five traders with trading companies, India imported 1.14 million tonnes of palm oil last month.
The Airbus Beluga, known for its ability to transport oversized air cargo, landed at Hyderabad airport.
What3words is a mapping technology start-up that develops a proprietary geocoding system for logistics companies.
The future of Hisar as a major business hub seems bright with the construction and planning of several manufacturing units.
Importers-Exporters rejoice as the ECTA is coming to them as a new year gift.
In spite of being promised such a huge investment, the Chamber feels that government should bear the entire cost of the project in question.
With the shaping of seamless payment mechanism between both the countries, it is highly likely for trade to go up as well.
The privatisation under NMP is supposed to boost up revenue of these airports.
FFFAI completes its 60 years and commemorates the occasion by thanking everyone while looking at a brighter future.
The fast-paced startup is all buckled up to deliver small quantities of various perishable at your doorstep.
ACFI is excited to launch its newest chapter which would open a room for discussion & implementation of best practices for the industry.
Blue Dart’s tech upgrade would be no less than a game changer in the industry which would help its customers to have smooth experience.
Northeast is graced with a latest air route to increase its connectivity.
There is no looking back for JFLL as the company plans to expand its wings to other countries as well.
The merger is expected to complete by 2024 and might challenge Indian domestic leader IndiGo.
RITES is focused in continuing its exploration of overseas market for its rolling stock.
The MoU is drafted around strong collaboration between both the parties which is expected to pave high growth in the future.
Blackstone buys a whopping area of 2.5 mn sq ft warehousing space near Delhi.
Local fishermen continue their protest to save their livelihood by halting construction of the upcoming port.
The new logistics cost index would give out comprehensive data to make the sector more efficient and growth-oriented.
Boeing sees a bright and busy future for the air cargo industry with the doubling of traffic and freighter fleet.
Aligarh to get over its ‘only glass exporter’ image soon as the city prepares itself for bigger things.
AD Ports Group which is known to be operating industrial cities & free zones in Abu Dhabi has joined hands with China Harbour Engineering Company to develop world-class infra for CMA Terminals Khalifa Port.
Pratigya Express’ launched by A.P. Moller-Maersk to connect NCR & Pipavav. The weekly cargo rail service is all set to connect NCR to APM Terminals Pipapav Port (Gujarat).
The Minister announced the project to boost tourism activities and inter-state connectivity.
Nitin Gadkari Approves 4-Laning of Bhiwani-Hansi Road Section of NH-148B Under Bharatmala Pariyojana
The Minister gave a big thumbs up to the project which is all set to benefit Haryana.
The IICS Exhibition is all about the people from logistics & cargo fraternity to come under one roof and explore new horizons.
The FTA is much needed to expand & diversify trade between both the countries which would impact living standard of a lot of people.
The much anticipated air cargo convention is already live at Marriott Marquis Queens Park, Bangkok.
APM Terminals recently announced the top management changes.
Indian exporters rejoice as the pact might bring them a steep rise in demand, the pact might get finalised in Jan 2023.
Airlines & regulators are considering having just one pilot in the cockpit and not two. However, this change could be overwhelming for some.
JSW rejoices as the government of India scraps export tax on steel, which might help the industry to compete globally.
Depreciation of the rupee & increasing cost of raw materials may hamper the effects of export duty removal.
The new logistics policy is a big step towards focussing on integration, modernisation and standardisation of the logistics industry.
Maersk has joined hands with LF Logistics to strengthen its business in India.
Located in Hollongi, the Donyi Polo Airport is all set to boost connectivity, trade & tourism in Arunachal Pradesh.
Ministry of Ports to bear 50% of the costs of deepening the draft at the port.
Only 15,77,694 two-wheelers were sold domestically in October, while exports stood at 2,87,319 units.
India is currently in FTA talks with the UK, the European Union, Canada, and Israel.
Indigo launched its very first A321 freighter aircraft from Delhi to Mumbai on the 15th of November.
The export tax on jet fuel or ATF stands unaltered at ₹5/litre. The last review was conducted on November 1.
As per Doha scientists, harmful bacteria have been found in shipments.
The new player is ambitious to deliver better than anyone else, especially between Indian & Gulf Markets.
V-Trans (India) has opened eight new branches in Varanasi, Sitapur, Noida, Secunderabad (UP), Delhi, Gurgaon, Ajmer, and Ratangarh.
As per sources, large Indian banks are hesitant to process direct rupee trade transactions with Russia, months after the mechanism was put in place, for fear of becoming the target of US and European sanctions.
As many as 13 firms, including MapMyIndia, CargoExchange, Freight Fox, Conmove, Intugine, Eikonatech, Yes Bank, Superprocure, CargoShakti, CloudStrats, Shyplite, APSEZL, and AITWA, have signed a non-disclosure agreement with the government to access data from the Unified Logistics Interface Platform (ULIP), as per the commerce and industry ministry.
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Prime Minister’s Development Initiative for the North East Region (PM-DevINE), a Rs. 6,600 crore scheme to support infrastructure, industries, and other livelihood projects in the Northeastern states.
The next annual budget will have to be carefully structured to maintain the country’s growth momentum, according to Finance Minister Nirmala Sitharaman, who also mentioned that it will address inflation concerns.
The Steel Authority of India Limited (SAIL) becomes the first Central Public Sector Enterprise (CPSE) to reach the major milestone of Rs 10,000 (Ten Thousand) Crore in procurement value through the Government-e-Marketplace (GeM) since its inception.
The German government is close to reaching a compromise over a disputed sale of a stake in a Hamburg container terminal to China’s state-owned shipping conglomerate Cosco Shipping Holdings Co.
Kale Logistics Solutions is a pioneer in providing state-of-the-art community and enterprise solutions.
Pursuant upon the launch of National Logistics Policy by Hon’ble Prime Minister Shri Narendra Modi ji, The Air Cargo Agents Association of India, a premier Association of Freight Forwarders, organiSed a Symposium “New Logistics Policy – Embracing New Opportunities” on Oct 17th 2022 in New Delhi. It was the first event organized post-Covid pandemic.
SG Panicker is all set to manage airport activities across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Kerala and Puducherry.
Coming back to action after a year, Lufthansa Cargo Service is expected to boost Hyderabad’s pharmaceutical sector.
The Ministry is set to levy INR 10k per departure on major routes from Jan 1 to March 31 and INR 15k per departure from April 2023 to April 2027.
Foundation for Aviation Sustainable Tourism (FAST) organises a seminar on October 07th, 2022 on the topic: Challenges & Opportunities for Air Cargo during the decade ahead.
Logistics, like all other fields, is evolving. Dr. Pramod Sant, Industry Expert & Former Vice President Head, Import-Export and Customs, Siemens, South Asia, in an exclusive interview with CargoInsights tells us, it will be difficult to predict how logistics will look in the future, but we can always make our best efforts to shape the “Next Generation in Logistics.”
For a new generation of supply-chain recruits, automation is changing the nature of work on warehouse floors and in leadership positions.
Altair, a global leader in computational science and artificial intelligence, has signed an agreement to collaborate in multiple simulation areas with Mazagon Dock Shipbuilders (MDL).
The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Narendra Modi, has approved the development of a container terminal at Tuna-Tekra, Deendayal Port on a Build, Operate, and Transfer (BOT) basis through a Public-Private Partnership (PPP).
The tech giant is set to integrate its supply chain offerings into a single package thus connecting ERPs & other supply chain solutions.
Rise in prices of sugar feared due to differences between exporters & the mills.
IMO has pledged to substantially reduce their carbon emissions to curb pollution.
As per the report, 160 million sq ft area has been leased across 7 cities for Grade-A Warehousing Space.
To strengthen its position in Europe, Intermarine is collaborating with breakbulk cargo specialist WeShip Projects to launch Intermarine Asia.
The airport-based cargo community system will be transformational for profitability and sustainability in the sector, Amar More (CEO, Kale Logistics) tells delegates at the TIACA Air Cargo Forum.
To decarbonize ocean, VC fund to invest $100M.
In line with the Make-In-India and make for the world initiatives, another domestic player has been able to export cargo containers to Europe despite direct competition from China.
Russian airline Aeroflot will begin operating flights from Goa to Moscow on November 2.
To reduce emissions from ocean freight, Grundfos uses the GEODIS Sustainable Marine Fuel Insetting programme.
The update of the CTU Code is shared by FIATA, the International Federation of Freight Forwarders Associations, and the six other CIG Group members.
To expand the Italian market, ITA Airways Cargo will list its capacity on the online travel agency cargo.one.
BLR Airport is at the forefront of innovation with its world-class facilities, and it is one of the country’s preferred cargo airports for agricultural exporters.
The company received the Social Impact Award in the category of Best Public Health/Safety Initiative at the 11th edition of the ACEF Asian Leaders Awards, 2022, held in Mumbai on September 29, 2022.
SriLankan Airlines received the prestigious Best Aviation Sustainability Program Award.
The newly built MMLP should have modern logistics offerings to both domestic & international traffic.
The licence is given to an airport operator who takes charge of the entire operation.
DP World to welcome 240 staff members in its upcoming Gurugram innovation centre.
SAF (Sustainable Aviation Fuel) & DB Scenker Joins Hand For Pollutionless Air Freights.
Tata Projects contract for Western DFC cancelled by DFCCIL, delaying the project further by 2 years.
Silk Way West Orders 777-8 Freighters From Boeing Azerbaijani cargo carrier becomes the first to have new fuel-efficient freighters in Eurasia.
The association is super stoked to welcome Transport Events, one of the organisations which is into coordinating the largest trade events across.
India’s bellwether logistic company, Snowman Logistics reports record growth of 55%revenue in Q2 2022 and an EBITDA of 27%.
Long-hauled carrier Emirates is buying 5 Boeing 777 freighters in a deal worth $1.7 billion, according to the companies.
Due to a potentially larger cargo load in the coming days, Celebi Delhi Cargo Management plans to invest Rs 150 Crore for better infrastructure.
The deal will stimulate additional funding in the state and assist in fulfilling the rising demand from sectors related to warehousing and logistics.
TVS Motor and Amazon India will collaborate to explore EV use cases for various Amazon businesses in terms of network and logistical requirements.
Amazon is covertly starting to provide its transportation and logistics network as a service to third-party retailers, companies, and direct-to-consumer brands in India.
Awery Aviation Services (Awery) and A.D. Aviation have reached an agreement that will streamline both companies’ sales, operations, and finance functions.
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.
Until May 31 of the current 2022–23 season, the government has permitted the export of 6 million tonnes of sugar and may consider allowing more exports.
Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), stated that India should have a GST with a single rate and a taxation system with no exemptions.
Iron ore exports from India in October were ‘near zero,’ according to a mining body official.
According to the CBRE report, comprehensive policy initiatives such as PM GatiShakti and the National Logistics Policy would revolutionise the industry and bring it up to international standards.
At the Invest Karnataka: Global Investors Meet in Bangalore, Welspun inked the MoU to enhance its foothold in the South Indian warehousing industry.
For the first time since March of this year, imports were down 0.7 percent year over year in October as local slowdowns and the prospect of a worldwide recession hurt foreign trade.
Vipin Vohra, Chairman of Continental Carriers Pvt Ltd, was invited as a panelist on MRO: New Avenues and Challenges.
As part of its efforts to simplify its process structures, Lufthansa Cargo will reduce its sales regions from seven to five.
Cochin Shipyard signs an agreement with IIT Madras to help accelerate the growth of marine start-ups with the aim of incorporating new and emerging technologies.
The “Mission 3000 MT” report is a road map for reaching 3,000 million tonnes (MT) of freight by FY27, up from 1,418 MT in FY22.
BIAL becomes the first Airport in the country to offer 5G connectivity across the new terminal.
Global logistics provider’s Freight Forwarding Line of Business has established a new service hub for customers in the Andalusia and Extremadura regions of Spain. The office in Seville commenced business as of October 1,2022.
Etihad Cargo has opened a pharmaceutical cold storage facility at Abu Dhabi International Airport.
Shri Piyush Goyal, Minister of Commerce and Industry and H.E. Don Farrell, Minister of Trade and Tourism of Australia, discuss IndAus ECTA (India-Australia Economic Cooperation and Trade Agreement).
Freight Earnings increases by 17 per cent as compared to the same period of last year.
During the campaign, the Ministry of Civil Aviation eliminates 13202 files, resolves 539 public grievances, and frees up 35208 square feet of space.
The direct flights between Indore and Chandigarh will operate three days a week.
The direct flight from Bhopal to Udaipur will begin operations on November 1, 2022, and will operate three days per week.
On November 2, 2022, AAAGL, the holding company of Capital A’s airline group, announced that it had sold its remaining stake in the airline’s India operations to Air India.
The “PPP Grievance Redressal Forum” was formed to address PPP issues. Ports also implemented several ‘Best Practices’ as part of Special Campaign 2.0.
In Kashipur, Uttarakhand, KIFTPL owns and operates a rail-connected inland container depot (ICD). The 41-acre facility includes three rail sidings and 17,000 square feet of warehouse space.
In a report by Redseer Strategy Consultants, with new-age tech-enabled players, it is now easier for small- and medium-sized businesses to transport goods.
The Central Board of Indirect Taxes and Customs (CBIC) has made it mandatory for the customs brokers to register themselves online.
Russian airline Aeroflot will begin operating flights from Goa to Moscow on November 2. The airline now operates an Airbus A330 on a twice-weekly Moscow-Delhi-Moscow route.
Amazon Air which has been in operation since 2016 with its staggering fleet that stands at a 110 aircrafts as on date is committed to reaching its customers across the length and breadth of this globe.
While laying the foundation for the Tata-Airbus manufacturing plant in Gujarat, Prime Minister, Narendra Modi stated that India has the world’s fastest-growing aviation sector.
COVID-19 and its aftermath subjected the supply chain to much fragility which companies like Mondelez are learning to deal with on a daily basis.
WiseTech Global’s service partner wing empowers logistics service providers to consolidate on a single global database, thereby eliminating the intricacy of organizing multitudinous systems and also enhancing the access of accurate data and information.
A.P. Moller-Maersk launches air freight service between the United States and Korea and expands its integrated air cargo operation.
Sales will be far below expectations in the current quarter, sending a new shock wave through the retail sector.
The impact of robots on logistics operations is becoming more complex as businesses consider how automation affects recruiting both management leaders and warehouse workers.
Pacific International Lines (PIL) launched PIL Intermodal Services, which offers train, truck, and barge services across its existing intra-Asian, Africa, Middle East, Latin America, and Oceania networks.
As per Concor, the goal is to build capacity and capability in the country to manufacture shipping-grade containers as a step toward Atmanirbhar Bharat.
Maersk has hired, trained, and created jobs for 84 women from nearby villages who needed work but did not have the right opportunities.
Analysts stated on October 27, 2022, that Indian importers should take advantage of the rupee’s recovery against the greenback to hedge their liabilities due this year.
German officials are nearing an agreement on the contentious sale of a share in a Hamburg container terminal to China’s state-owned Cosco Shipping Holdings Co.
While pushing 100 Indian brands as international leaders, India hopes to increase its existing 2.1per cent export share to 3per cent by 2027 and 10per cent by 2047.
The TT Club has endorsed a UN initiative to coordinate the activities of the world’s insurance industry to improve environmental sustainability.
The Dubai-based container terminal company will look at locations to set up other free commerce zones and increase its footprint in coastal transport.
The Department of Commerce will spare no effort during the Campaign Phase, (2nd – 31st Oct., 2022), to get rid of every reference found during the Preparatory Phase.
Various offline and online promotional methods are adapted to sensitise officials about salient aspects of SCDPM 2.0.
Key markets like the EU, the UK, and the US are experiencing a decline in clothing demand.
Various regulatory organisations, such as drug controllers, must examine a number of export consignments; all of these will be integrated into the new customs system.
According to Commerce and Industry Minister Piyush Goyal, India can decide its policy only after a change of guard occurs in the UK.
Piyush Goyal, Union Minister of Commerce and Industry, addresses the third exports summit organised by the CII.
Reduced manual intervention, precise pre-weighed quantity, quicker loading, and better coal quality are all benefits of the FMC projects.
Concor’s stock price increased 6.94 per cent to close at ₹ 771.15 per share on the BSE. The stake sale might yield more than ₹14,000 crore.
As part of a campaign, the Pune Customs employees and the Revenue Secretary cleaned Ratnagiri Beach and the Customs Floating Jetty.
With effect from October 31st, 2022, Amrit Lal Meena, Special Secretary-Logistics, will assume control of the position and succeed Anil Kumar Jain (IAS).
On October 19, 2022, the NHAI Chairperson visited the Delhi-Jaipur section of NH 48 from Delhi to Dharuhera to review the pace of maintenance activities being undertaken.
15 GCTs have been commissioned, and 96 additional GCT locations have been identified. It is planned to build 100 Gati Shakti cargo terminals in the next three years.
On October 18, 2022, Union civil aviation minister Jyotiraditya Scindia urged Punjab, West Bengal, Delhi, and five other states to reduce VAT on air turbine fuel (ATF).
Dr. Pushpendra Pratap Singh, the Country Head of Asia Shipping India Pvt. Ltd., was named “Business Mentor of the Year 2022,” at the India Business Awards held on October 15, 2022.
The conference’s goal was to encourage greater collaboration and synergy between state civil aviation departments and the MoCA to accelerate the development of the civil aviation sector.
National Logistics Policy will be cost-effective and efficient in limiting perishable commodity losses by improving cold supply chain efficiency and cold storage facilities.
Adani Airport Holdings has restructured its top management, naming Ericsson veteran Arun Bansal as CEO.
Snowman Logistics has launched Fifth-Party Logistics (or 5PL) services in India, making it the first company in the country to do so in the cold chain logistics and supply chain management sectors.
The court ruled that the question of who owns the land on which the airport is built would remain open as long as Adani Group continues to operate, manage, and develop the airport for the next 50 years.
The Ministry of Road Transport and Highways intends to take over high-traffic state highways from state governments for a 25-year period.
India’s exports will be worth $2 trillion by 2030. Merchandise exports will grow at a CAGR of 11-12%, while service exports will grow at a CAGR of 18-19%.
Foreign Direct Investment (FDI) inflows into India have steadily increased over the last decade, with FY2021-22 receiving USD 84.8 billion.
During the period, Maruti Suzuki India (MSI) led the segment, followed by Hyundai Motor India and Kia India in second and third place, respectively.
The conversion of the aircraft into a freighter boosts the airline’s cargo shipment capacity and enhances its service.
Indigenously developed through joint efforts of Railways, Besco Ltd Wagon Division and Hindalco Aluminum rake has several advantages over traditional ones.
The scheme may invest in sectors or stocks that form a part of the Nifty Transportation and Logistics TRI.
As the GatiShakti initiative will reduce project delays and cost overruns, it will allow various infrastructure ministries and departments to meet their goals.
Digitisation has enabled the Indian government to accomplish tasks that would have been impossible otherwise.
Honeywell’s technology would maximize production efficiency, resulting in a cost-effective and lower carbon-intensity aviation fuel.
The freight train will function as a superfast parcel service, capturing high-value and time-sensitive cargo consignments.
The Solar-Electric Hybrid High-Speed Ferry and Floating Jetty projects are expected to boost tourism in Goa while making transport more environment-friendly.
India is the world’s only large economy in a “bright spot,” with strong indicators indicating robust growth this year and next.
The new Vande Bharat Express will operate between Una Railway Station and New Delhi.
PM GatiShakti’s NMP will go down in history as a powerful action that fueled country’s rapid growth and development: Goyal.
India wants to take NaVIC global, which will happen if more satellites, say around 30, are launched.
Kandla’s development of a multipurpose cargo berth will give it a strategic advantage due to its proximity to the vast hinterland of northern India.
Continental Carriers Chairman Vipin Vohra had the honour of attending the “South Asia Customer Listening Forum 2022,” hosted by IAG Cargo on October 8, 2022, at The Oberoi Sukhvilas in Chandigarh.
Shiprocket and Shadowfax Technologies have teamed up to enable same-day and next-day deliveries for D2C businesses, including boAT, Mamaearth, and MyGlamm.
J M Baxi Ports & Logistics intends to raise around Rs 3,000–3,300 crores, along with Rs 1,200 and Rs 1,500 crores, by advertising the latest shares.
To increase collaboration in funding railway infrastructure projects with forward and backward links to the Indian Railways sector, IRFC and IIFCL have signed a contract.
Sri Lankan Airlines’ engineering section keeps winning with another C-Check for a client airline.
To establish an “India Fast Track Mechanism in the UAE” to address challenges faced by Indian firms there.
In light of the World Commerce Organization’s (WTO) prediction of a steep decrease in global trade in 2019, Indian exporters have urged the government to reinstate the 18per cent goods and services tax (GST) exemption on export freight and expand the rupee payment mechanism to more nations.
In an effort to stop revenue leaks, the government is probably going to start requiring businesses with a goods and services tax (GST) annual turnover of over INR 5 crore to switch to electronic invoicing from January 1.
After receiving approval from the Cabinet for Indian Railways’ property leasing policy, the government is prepared to announce its proposal to privatise Concor.
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.
Adani Ports and Special Economic Zone (APSEZ) gained approval from the NCLTs of Ahmedabad and Hyderabad on Monday to buy the remaining 58.1per cent share in Gangavaram Port under a composite scheme of arrangement.
Foreign food production facilities that export certain “high-risk” categories to India must be registered with the Food Safety and Standards Authority of India (FSSAI) by February 1, 2023.
Minister of Civil Aviation, Jyotiraditya M. Scindia said that a civil enclave will be built in Jammu at a cost of Rs. 861 crores, and Srinagar’s present terminal will be expanded three times, from 20,000 square metres to 60,000 square meters, at a cost of Rs. 1500 crores.
The Daksh Foundation, in collaboration with a group of committed young volunteers, is trying to end the insensitivity, neglect, and abuse of the elderly by their children that exists in our society.
Continental Carriers, the group’s flagship company, was founded in 1957 and has now been in the freight forwarding industry for 65 years, led by the visionary Late TN Vohra. In the year 2005, Vipin Vohra, the current Chairman, took over management. Vaibhav Vohra and Viraj Vohra, members of the third generation, joined the company in 2007 and 2013, respectively, bringing a contemporary approach, a management degree from a foreign university, and IT skills. More than 35 percent of staff is over 25 years old.
As per Afzal Malbarwala, President of ACAAI, “It will definitely affect our and exporters’ business. Cash flow will be the biggest hurdle.
Union Food Secretary Sudhanshu Pandey urged the Food Corporation of India and the Central Warehousing Corporation (CWC) on Friday to capitalize on the increased demand for warehousing from e-commerce enterprises.
“In order to support the New Logistics Policy, the industry expected the government to extend the Goods and Service Tax (GST) freight exemption notification. However, this has not happened, “said Vipin Vohra, Chairman of Continental Carriers.
With the National Master Plan for Multi-Modal Connectivity in place, Ahmedabad-based Adani Group plans to accelerate its logistics business by launching six more Multi-Modal Logistics Parks (MMLPs) in five states over the next two years, including Uttar Pradesh, Haryana, Rajasthan, Gujarat, and Telangana.
GST Advisory for Ocean and Air Export Freight, effective 01/10/2022 reg.
Cargo handling at India’s major ports continues to grow, with traffic increasing 11per cent in the first half of this fiscal year to 384 million tonnes (mt) from 346 mt in the same period last year.
Air Canada Cargo stated that it will expand its cargo network into the United States for the first time in November, with flights to Dallas and Atlanta.
Lithuania resolved on Thursday to improve control over cargo trains entering the nation and the Russian exclave of Kaliningrad by installing an X-ray scanning system at the Kenna border crossing with Belarus.
The long-stalled rehabilitation of crowded and outmoded cargo warehouses at Los Angeles International Airport has begun after city officials recently invited ideas for the entire redevelopment of 27 cargo buildings.
The Indian Railways has announced that it will begin transporting liquefied natural gas (LNG) on its network.
Pradhaan Air Express performed its first commercial flight on the Delhi-Bombay-Delhi route earlier this week.
The government’s decision to remove the GST exemption on export freight at the beginning of the month has made exporters worried since they expect liquidity to fall at a time when they are coping with sluggish demand in advanced countries, pushing them to seek a rethink.
EasyEcom, a warehouse management provider, stated that their analysis is based on data collected by its software-as-a-service platform, which focuses on omnichannel inventory and warehouse management, as well as reconciliations.
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal announced that 7 new PLI schemes that are not part of the original program had just been approved and reiterated the Government’s commitment to promote manufacturing in India.
AIT Worldwide Logistics has formed a Civil Reserve Air Fleet (CRAF) partnership with cargo airline Kalitta Air in order to strengthen US and global supply chains.
Jackson Square Aviation (JSA) has placed an order with Aeronautical Engineers, Inc. for six B737-800 conversions (AEI).
Airbus has announced a design competition for the livery of its new A350F freighter aircraft. The contest will end on November 28, with the winner being announced on March 15.
Cathay Pacific is presumably in talks with Boeing and Airbus about a potential order for up to six next-generation freighters to expand and replenish its fleet of 20 747 cargo jets.
Cathay Pacific Airways of Hong Kong expects cargo demand to pick up after the Chinese National Day holidays in the first week of October.
Adani Ports & Special Economic Zone (APSEZ) reported a 13per cent year-on-year increase in cargo volumes.
As global trade shifts from backlogs to empty containers, cargo shipowners cancel sailings.
The IATA WCS 2022 conference, held in the last week of September 2022, was the largest in IATA’s history with 1,350 delegates from 73 countries.
On September 29, IndiGo, a no-frills carrier, announced the arrival of its first freighter aircraft, a converted passenger plane. With a fleet of over 275 aircraft and over 1,600 daily flights to and from 74 domestic locations, the airline is already a market leader.
The CBDT has extended the deadline for filing various audit reports for the Assessment Year 2022–23 under the Income-tax Act 1961.
According to Dimerco, intra-Asian ocean freight rates are “falling,” although the market is holding up better than long-haul shipments.
On September 29, the Services Export Promotion Council (SEPC) hosted an interactive session with Piyush Goyal, Union Minister of Commerce and Industry, and Dr. Subhas Sarkar, Minister of State, Ministry of Education of India.
Ecom Express, a new-age technology-driven full-stack logistics solutions provider to the e-commerce industry, announced the opening of its 55th fulfillment centre in Hyderabad on Wednesday.
Shippers traveling between India and Europe who are experiencing periodic schedule problems now have the option of connecting some cargo via transshipment options via Jeddah, Saudi Arabia’s main gateway.
Prime Minister Narendra Modi will be in Gujarat for two days beginning September 29 to launch different development and infrastructural projects totaling Rs. 29,000 crores across the state.
A senior Delhi Police officer claimed on Wednesday that the Economic Offences Wing had arrested a top former government official for cheating and theft to the tune of around Rs 30 crore.
Boeing has delivered the 100th contracted B737-800 Boeing Converted Freighter (BCF) to the rapidly expanding e-commerce business.
The 52nd AGM of the Air Cargo Agents Association of India (ACAAI) was held in Mumbai today.
For a ground handler at Singapore Changi Airport, Hermes Logistics Technologies (HLT) has incorporated tech partner SPEEDCARGO’s solutions into its Cargo Management System (CMS).
Customers of Emirates SkyCargo will have quick and simple direct access to the cargo airline’s flights and inventory to make direct bookings through WebCargo by Freightos, the market’s leading air cargo booking platform.
In FY 2021–22, BLR Airport received 52,366 metric tonnes (MT) of perishable cargo, up from 48,130 MT in the prior year. Banglore Airport now handles 41% of South India’s air cargo perishable tonnage, making it India’s busiest airport for perishables.
In 2021 and 2022, SAL Renewables bought the jack-up ships Wind Lift I and Thor and carried out a number of projects in and near northern European waters.
The B2B express business of Rivigo Services Private Limited (RSPL) will be acquired by Mahindra Logistics for INR 225 crore, according to a statement from the company.
The need for storage space among e-commerce companies like Amazon, Flipkart, Bigbasket, and FirstCry has dramatically decreased this year as a result of the widely anticipated slowdown in customer demand.
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.
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.
National Airlines reported receiving its first Boeing 747-400ERF (extended range freighter). For ultra-long-haul cargo operations, the new freighter with the registration N663CA offers a more fuel-efficient option.
The National Centre for Sustainable Coastal Management in Chennai recently granted CRZ (coastal regulation zone) clearance for the seaport that was planned to be built at Machilipatnam in the Krishna district.
In order to go live globally on CargoAi, Lufthansa Cargo is starting a pilot in three nations. The instant rate offer and booking confirmation will be used for the first time by a CargoAi customer.
The Releye RLP & RAP containers, the latest products from Envirotainer, have received approval from IAG Cargo, the cargo business of International Airlines Group (IAG), for use by customers shipping pharmaceutical products.
With a new loading mechanism for the Beluga A300-600ST aircraft for military cargo, Airbus is enhancing its outsized air freight capabilities.
Within its CargoStack CMS suite, Wiremind Cargo has now introduced a new module: The goal of Revenue Optimization is to assist sales steerers and flight controllers in three key aspects of their jobs.
Caribbean Airlines Cargo is the most recent of more than thirty airlines to offer real-time air freight pricing and booking on the international freight booking platform WebCargo.
In order to go live globally on CargoAi, Lufthansa Cargo is starting a pilot in three nations. The quick rate offer and booking confirmation will be used for the first time by a CargoAi customer.
Indonesian palm oil producers are reducing their large inventory surplus by offering discounts to competitors and aggressive sales to India, where demand is increasing in preparation for the Diwali festival next month.
Ninjacart, the premier agri-startup in India has increased its global reach by introducing the “Ninja Global” platform for Agri export-import enterprises in the UAE and GCC nations.
The new framework places a strong emphasis on process simplification for seamless coordination and a reduction in total logistics value, in addition to encouraging the use of technology and personnel skill development.
India is scrambling to replace cancelled Russian gas deliveries, driving GAIL India to pay $40 per million BTUs for LNG. That’s the most expensive LNG cargo to ship to India in history, traders told Bloomberg.
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.
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.
The total cargo volume at Amsterdam Airport Schiphol dropped by roughly 14% to 721,746 tonnes in the first half of 2022 compared to H12021.
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…
On September 17, Prime Minister Narendra Modi is due to present the eagerly awaited National Logistics Policy, which aims to…
Sam Katgara, a fourth generation leader, received the Lifetime Achievement Award at the 14th ‘Express Logistics and Supply Chain Leadership Awards 2022’, which were…
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…
According to Friday’s announcement by Railway Minister Ashwini Vaishnaw, the Railways have developed a plan to start…
According to a Niti Aayog report titled “Transforming Trucking in India: Pathways to Zero-Emission Truck Deployment,” which was…
India’s exports have suffered as a result of the collapse in demand in some developed nations caused by record-high inflation and…
The PM Gati Shakti programme, which the government claims will help establish 300 freight terminals and create 1.25 lakh jobs, received approval from the Union Cabinet on Wednesday for a long-term lease of railway land.
India, the world’s largest exporter of the grain, tried to increase supplies and stabilise local prices on Thursday after planting was hampered by below-average monsoon rainfall
The Committee, formed by the International Financial Services Centres’ Authority…
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.
At the Safe-Tech Awards & Conference, AdaniPorts received two national-level awards in recognition of their heroic actions in saving the lives of three truck drivers during a crucial road accident rescue operation.
Germany’s DB Schenker intends to acquire businesses in India in order to grow its business and focus on developing end-to-end contract logistics operations
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.
The Board of Trade, a body that advises on international trade policy, will convene the following month to discuss methods to increase India’s exports.
For the expansion of the nation’s air cargo infrastructure, the minister of roads, transport, and highways recommended encouraging public-private partnerships.
The 46th Annual Convention of ACAAI will take place in Bangkok, Thailand from November 24 to November 27 at the Hotel Bangkok Marriott Marquis Queen’s Park
Mahindra Logistics launched its eleventh fulfilment centre in India, enabling speedy client commerce and collaboration with top e-commerce companies.
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.
The MoRTH ordered on Monday that all goods vehicles used to transport hazardous or dangerous commodities must be fitted with a location tracking device.
The Railway Ministry stated on Monday that 734 km of track on the Western DFC and 618 km of rail on the Eastern DFC have been commissioned in a report on the corridors’ progress.
At its meeting held on August 22, 2022, the board of directors of Shreeji Translogistics Limited considered and approved investing in a proposed new subsidiary company, TKD Digitrans Tech Private Limited.
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.
For us to successfully make the switch to sustainable energy, a large-scale supply of green methanol is essential, as per Jens Eskelund, China Chief Representative of Maersk.
To celebrate India’s 75th Independence Day and the start of “Amrit Kaal,” the South East Central Railways (SECR) ran the Super Vasuki on August 15.
Sarbananda Sonowal, the Union Minister of Ports, Shipping, and Waterways, departed for Iran on Thursday for a four-day visit. During this time, he will examine the first phase of the Chabahar port’s development.
Adani Logistics Ltd. has successfully acquired the inland container depot (ICD) at Tumb in Vapi from Navkar Corporation Ltd.
A brand-new Boeing 777 that is jointly owned by Singapore Airlines and DHL has just arrived.
Sanjay Bandopadhyaya, chairman of the Inland Waterways Authority of India (IWAI), stated on Wednesday that attempts are being made to expand waterways with the support of the private sector.
A contract between France and India to assist International Transport Forum (ITF) activities in the Indian transportation industry was authorised by the Union Cabinet, which is presided over by Prime Minister Narendra Modi, on Wednesday.
The purpose of the programme is to build an ecosystem to support local producers in producing Make in India containers, ultimately assisting our trading community in the EXIM sector and supporting the Prime Minister in achieving his goal of making India a USD 5 trillion economy.
In 2022, QuikJet might make a comeback to the skies over India, providing scheduled and charter air cargo services. Our source claims that the carrier might start flying with just 2 planes in a few more months.
The FIATA Paperless Bill of Lading streamlines the issuance process by eliminating double data entry and enabling the Freight-Forwarder to quickly issue secured eFBL using their standard tools (TMS and other applications). The document can then be shared with stakeholders digitally or as a secured printed copy, at the discretion of the freight forwarder.
Evergreen Marine Corp. has finished a systematic inspection and calculation of greenhouse gas emission inventories for its business operations, including its global operating fleet, office buildings, and container terminals in Taiwan.
Assam Chief Minister Hemanta Biswa Sarma chaired the cabinet meeting and approved the Assam logistics policy 2022, under which a dedicated logistics division headed by a secretary-rank officer is to be set up.
EeLain Ong has taken over as Chief Financial Officer (CFO) of international freight transport and logistics insurer TT Club, with effect from 1 August 2022. Following Julian Chowdhury’s retirement, Ong has replaced him.
Blue Dart will launch 15 retail stores on 15th August 2022 to facilitate trade in the nation. Through the ‘Har Ghar Tiranga’ campaign, Blue Dart stores will distribute 75,000 flags free and will encourage all employees to hoist the Tricolour at their homes and pin it on https://harghartiranga.com/
Minister of State for Tourism and Ports, Shipping and Waterways to address Valedictory Function
With domestic and international passenger flights returning back to the pre pandemic levels,
The Indian aviation sector is well positioned for substantial expansion in future. Piyush Srivastava, IES,Senior Economic Adviser, Ministry of Civil Aviation, GoI
Prime Minister Narendra Modi on Sunday lauded the Indian toy industry for achieving the success “no one could have imagined”, noting that its export has soared to Rs 2,600 crore from Rs 300-400 crore.
The center announces the relaxation of limits of custom clearance beyond the normal working hours, allowing 24X7 business transactions to various Inland Container Depots (ICDs), seaports, and air cargo complexes across the nation.
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said,…
The long-awaited National Logistics Policy will be unveiled by Prime…
Union Road Transport Minister Nitin Gadkari said, “The Indian automakers…
Union Minister of Commerce and Industry Piyush Goyal said, “With…
The Indian ports continue to bear the impact of the Sri Lanka economic crisis. There has been a 25 percent shortage of containers at the Chennai Port which has made it face a rise in shipping costs.
Ever Ace, the world’s largest cargo ship to ever exist, has recently arrived in the UK and has docked at the Port of Felixstowe.
AP Moller Maersk’s 40-feet ‘rainbow container’ arrived in India at the Ennore Port.
Kale Logistics Solutions has signed a contract extending its partnership with CHI Aviation Handling by a further five years.
Indian ports have recorded a growth of 11% in traffic during the April-June quarter of 2022-23 on the back of higher demand for crude oil and imported coal, signifying the opening up of the economy, a report by DAM Capital said.
Allcargo Logistics Ltd, India’s largest integrated, end-to-end logistics solutions provider, has appointed Kapil Mahajan as the Global Chief Information and Technology Officer.
After running 16 successful batches, the Indian Institute of Freight Forwarders (IIFF) on 3rd July 2022 IIFF launched its 3rd Online Diploma in Shipping, Logistics and Freight Forwarding on 2nd July 2022.
Regional conflict has introduced a degree of investor caution into Dubai’s real estate market, but…
The rupee faces 2026 on a weak footing after its sharpest yearly fall in three…
India and Russia aim to fast-track the Chennai-Vladivostok maritime corridor, boosting trade opportunities.
CCSIA records 46 percent cargo surge in August 2023, driven by growing passenger traffic.
India’s railway investment fuels Bhutan-India railway, enhancing connectivity and trade prospects.
India’s hypersensitive airports to receive advanced full-body scanners for quicker and more accurate security checks.
JSW Infrastructure’s IPO, aimed at debt reduction and expansion, secures SEBI approval for launch this month.
Union Minister Nitin Gadkari announces the upcoming Chennai Express Highway, connecting metros and reducing travel time.
Defence Minister Rajnath Singh opens 90 projects worth Rs 2,900 crore in nine states and two UTs.
Shinde highlighted three pivotal areas of concern and urged all directors to contribute their ideas and initiatives in support of these areas.
This strategic transformation signifies a significant milestone in Blue Dart’s ongoing journey and highlights its unwavering commitment to catering to the diverse needs of Bharat, or India.
In anticipation of increased commerce activity, particularly in segments like white goods, consumer durables, and FMCG, GESCPL has expanded its warehousing and delivery capabilities.
JCB, a global construction equipment giant, will export 45 percent of its machinery made in India and invest in hydrogen technology.
DSV and Qatar Airways Cargo collaborate on oil and gas industry flights between Mexico, the US, Europe, and the Middle East.
The partnership seeks to enhance domestic manufacturing capabilities, aligning with the Indian Government’s vision.
FFFAI advocates for tech-driven cold chain infrastructure to boost India’s agro/food processing industry and logistics.
The funding will be used for scaling-up and deployment of Kale’s new-age Cargo Community Systems in key geographies such as North America and Europe.
The Air Cargo Agents Association of India (ACAAI) elected CK Govil as its President during its 53rd Annual General Meeting in Mumbai. Samir J Shah was chosen as Vice President.
Rajkot International Airport in Gujarat replaces the former Rajkot Airport and offers advanced infrastructure and sustainability features for travelers.
The event will be marked with a special ceremony attended by Chief Minister Pinarayi Vijayan and Union Minister for Ports Sarbananda Sonowal.
Celebi India expands ground handling services at Chennai Airport, focusing on quality and sustainability for passengers and airlines.
AMTOI convenes in Kolkata to enhance trade and logistics prospects, with a focus on Kolkata Port’s expansion.
FFFAI delegation discusses trade facilitation with CBIC Chairman Sanjay Kumar Agarwal to enhance Customs clearances.
Prime Minister Modi suggests a November virtual G20 meeting to review proposals and progress during India’s presidency.
India announces rail & shipping corridor at G20, challenging China’s influence, aiming to boost trade and connectivity.
India Post joins hands with Shiprocket to boost cross-border e-commerce exports, simplifying logistics for small businesses.
Kempegowda International Airport, Bengaluru (KIAB/BLR Airport), reports a three-year high with a 124 percent boost in mango exports, reaching 684,648 kgs in 2023.
FFFAI leaders discuss trade facilitation with Indian Revenue Secretary, aiming to boost logistics for $5T economy.
G20 Summit security may disrupt mobile phone supply, impacting sales and prompting retailers to strategise.
Kale Logistics Solutions joins the International Trade Council (ITC), enhancing global presence and access to resources for economic development and trade across 179 countries.
Xavier Avrard has been named Chief Strategy Officer at GEODIS, joining the Management Board to oversee corporate strategy, mergers & acquisitions, and more.
Safetytech Accelerator has confirmed that major UK maritime insurers, the UK P&I Club and TT Club have signed up for its Cargo Fire & Loss Innovation Initiative (CFLII).
Cathay Cargo celebrated its ‘Wings of Excellence’ – India event, recognising skilled employees and essential partners, marking the first national-level event since the onset of the pandemic.
Agriculture Minister Cheluvarayaswamy announces Bengaluru-Jalasuru road to be finished in six months, overcoming delays.
Ayodhya International Airport gears up for November debut, with construction progressing swiftly.
Reliance Retail Ventures bolsters Reliance Consumer Products with Rs 300 crore investment to fuel FMCG expansion.
ONDC CEO emphasises the need for wider involvement of buyers and sellers to boost India’s digital commerce.
Hybrid Shifting’s acquisition of Pikkol reshapes India’s moving industry, offering tech-enabled, hassle-free solutions.
Security for G20 Summit prompts Northern Railway to suspend parcel services in Delhi from September 8th to 10th.
Qatar Airways Cargo resumes dedicated freighter services to Bahrain, boosting weekly cargo capacity and strengthening economic ties.
Korean Air collaborates with cargo partners to offer Sustainable Aviation Fuel (SAF), reducing carbon emissions and promoting sustainability.
India eMobility Show’s second edition generates immense excitement, boasting top companies and speakers. Explore India’s eMobility potential and contribute to a greener future.
Kerala’s air cargo industry takes flight to new heights with the inauguration of ACFI Kerala Chapter, uniting industry leaders for growth.
Kerala’s Beypore, Vizhinjam, Kollam, and Azhikal ports secure ISPS certification, paving the way for international growth.
Gati collaborates with Tech Mahindra to develop GEMS 2.0, a cloud-native software for operational excellence and superior customer service.
Flipkart’s 10th edition of Big Billion Days will create over 1,00,000 direct and indirect jobs in its supply chain, spanning fulfillment centers, sortation centers, and delivery hubs across the country.
Virgin Atlantic marks a successful year of codesharing with IndiGo, expanding connectivity to 34 destinations and benefiting loyal customers.
Telecom Disputes Settlement and Appellate Tribunal (TDSAT) rulings benefit GMR Airports, potentially affecting Adani’s Mumbai airport.
Union Minister highlights India’s inland waterways growth and port development at GMIS 2023 roadshow.
Union Minister Hardeep Singh Puri announces India’s metro network expansion, highlighting progress in urban development.
The inauguration highlights the introduction of a direct flight route between Utkela and Bhubaneshwar.
Mahindra Logistics and Flipkart join forces to boost operational efficiency and innovation in line haul solutions.
Smiths Detection introduces advanced cabin baggage screening technology in India, complying with aviation security mandates.
ISRO achieves milestone with Aditya-L1, the first-ever Sun observatory, embarking on a groundbreaking mission.
Vistara Airlines, a joint venture of Tata Sons and Singapore Airlines, will launch its second daily flight service to Mumbai from Thiruvananthapuram on September 1.
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Jaya Verma Sinha as the first woman CEO and Chairperson of the Railway Board.
Blue Dart was awarded silver in the “Reduce” and “Contribute” categories, and bronze in the “Measure” category by the UNFCCC.
CargoMART will further advance Emirates SkyCargo’s digital customer experience and optimise the booking process with real-time information.
ShipEase, a SAAS-based logistics provider for D2C brands and SME e-tailers, has raised $1 million in a Pre-Series A funding round led by Inflection Point Ventures.
The Delhi-Ghaziabad-Meerut RRTS corridor achieves a major milestone as tunneling work is successfully finished.
TVS SCS names R Dinesh as Executive Chairman, succeeding S Mahalingam, to lead the company into a new growth phase.
FedEx plans rate hikes and fee adjustments from Jan 1, 2024, aiming to enhance profitability in parcel deliveries.
High-stakes meeting to advance Mumbai-Ahmedabad Bullet Train project, focusing on rolling stock costs and progress.
Pramod Sawant anticipates strong economic growth driven by the recently inaugurated Manohar International Airport in Goa.
Adityanath stressed the need for coordination between the Authority and the Inland Waterways Authority of India, underscoring its role in regulating inland water transport and tourism activities.
With Patna Junction witnessing a daily footfall of 3 to 4 lakh passengers, the Railway Board’s decision aligns with the goal of providing airport-level security at crucial stations.
Rail services have been impacted as third line electrification and non-interlocking work at Badhwabara railway station forces the cancellation of 22 trains.
Haryana’s Deputy Chief Minister reveals plans to tackle traffic congestion by exploring the construction of underpasses at critical intersections on the Delhi-Mathura National Highway in Faridabad.
The Airports Authority of India’s efforts to restore halted flight routes and pursue new connections from Mysuru Airport align with its commitment to bolster air travel accessibility.
Engineering exports to Russia surge, while US and China see decline; Indian engineering exports drop due to reduced demand.
Delhi’s Indira Gandhi International Airport’s latest runway to begin landings from September 7, coinciding with G20 Summit.
Uttarakhand’s Pantnagar airport moves closer to becoming the state’s first international airport as cabinet approves runway extension.
Apeejay Shipping expands its fleet with a Japanese-built vessel, strengthening its position in the maritime industry.
FFFAI and World Bank join forces to address low women’s participation in Indian logistics, aiming to identify challenges and implement corrective measures.
India’s Shipping Ministry plans to establish a Bureau of Port Security (BPS) to coordinate security audits for all ports, enhancing safety measures.
Dominion Energy and Metropolitan Washington Airports Authority commence groundbreaking on 200,000-panel solar farm at Dulles International Airport.
IWAI and NRL collaborate to enhance petroleum exports via waterways, promoting EXIM trade in the Northeast.
Worldwide Flight Services (WFS) is set to enhance its Madrid cargo operations with a new terminal, boosting growth capabilities.
The achievement places Kale among the elite group of only 60 IT companies in India with this highest certification.
NHPC partners with RITES to construct a railway siding at Pasighat, Arunachal Pradesh, enhancing Dibang Multi Purpose Project infrastructure.
Port Blair’s Veer Savarkar International Airport begins operations at its new terminal, inaugurated by PM Modi in July.
Lokpriya Gopinath Bordoloi International Airport pioneers ‘Digi Yatra,’ streamlining processes and enhancing convenience.
Ministry of Railways targets 1,300 stations, including Gwalior, for modernisation in the Amrit Bharat Station Scheme.
Cargo Insights joins hands with Gurugram Industrial Expo 2023, expanding the event’s horizons into the logistics sector.
PM Narendra Modi lauds ISRO’s success as Chandrayaan-3’s Vikram lander achieves a groundbreaking soft-landing on the Moon.
Max Sauberschwarz takes over as EVP of Global Airfreight at DHL Global Forwarding, succeeding Thomas Mack starting October 1.
Etihad Cargo responds to growing cargo demand, adds Boeing 777 freighter flights to Guangzhou, reinforcing China connections.
Union Minister Nitin Gadkari has introduced Bharat NCAP to enhance safety standards of Indian vehicles, encouraging safer driving.
Finance Ministry’s initiative aims to enhance private partnership in infrastructure projects, boost investment, and streamline implementation.
Sumita Dawra hails India’s rise in Logistics Performance Index at PHDCCI’s National Logistics Summit.
Odisha aims to construct Rs.12,000 crore inland waterway on Brahmani River to link industries with Paradip and Dhamra ports.
India’s Union Minister for Ports, Shipping and Waterways outlines plans to reach over 10,000 MTPA port capacity by 2047.
Chennai’s Integral Coach Factory introduces an orange-gray themed Vande Bharat Express.
MOVIN, a joint venture of UPS and InterGlobe Enterprises, initiates operations from a new Air Cargo hub in Delhi.
Modi highlighted the historical and civilisational connections between India and Iran, underscoring their strong people-to-people contacts.
DGCA greenlights IndiGo’s Tashkent flights, with services set to launch on September 6.
Tamil Nadu pioneers India’s maiden drone testing facility to bolster drone industry growth.
JN Port’s new PPP initiative boosts coastal steel and cement transport efficiency, reducing congestion and carbon emissions.
Railway speed boost between Chennai and Bengaluru to cut travel time by 20 minutes, benefiting major routes.
Union Minister Nitin Gadkari unveils 45 km highway expansion, fostering connectivity and regional growth.
Maersk India introduces dedicated rail service for export reefers from Dadri to JN Port, streamlining logistics.
Liu, who hails from an automotive background, brings a wealth of strategic experience to the aerospace giant.
Softlink Global’s Annual Day 2023 embraces ‘Disrupt’ theme, highlighting global expansion and innovation.
Cathay Pacific records 15 percent increase in July cargo, anticipates robust performance in second half of 2023.
A delegation led by Chaitaly Mehta, Convenor of FFFAI’s Women’s Wing, visited the Petrapole-Benapole border on August 6, 2023.
Adani Ports suggests extended 50-year concessions and robust dispute resolution in PPP infrastructure projects.
AAI plans to power over 100 airports with renewable energy by 2024, aligning with environmental goals for sustainable aviation.
IndiGo Airlines brings joy to Belagavi by reinstating direct flights to Delhi and introducing new Pune route.
DP World Chennai marks a significant feat as largest vessel, MV Navios Constellation, docks successfully.
Southern Railway reveals upcoming projects for the year, spanning tracks, safety, and speed.
Ahead of the assembly election, Chief Minister Ashok Gehlot unveils metro corridor expansion strategy for Jaipur.
Union Minister announces major investment for Bengal’s maritime industry, set to elevate it into a thriving hub.
New Delhi’s Continental Carriers Group celebrates India’s 76th Independence Day with unity and patriotism.
FIATA’s inaugural visit to Ethiopia showcases significant industry developments, boosting supply chain engagement.
Distribution Logistics Infrastructure’s flagship terminal in Nagpur efficiently manages Indorama Ventures’ Pet Resins shipment.
Chief Minister Eknath Shinde announces initiative to repair and smoothen one lane of Mumbai-Goa highway before Ganeshotsav festival.
Skyways Group marks 40th anniversary with zeal, reflecting four decades of excellence and community engagement.
Oman Air’s Minister of Transport unveils a multi-year restructuring plan to ensure financial stability and operational improvement.
FFFAI’s hybrid meet in Kolkata discusses leveraging inland waterways and land ports for enhanced cross-border trade.
The Ethics Group joins hands with SIDBI to introduce pioneering fintech services, bolstering Jan Aushadhi Pariyojana’s mission of affordable healthcare accessibility.
Hindalco and Texmaco join forces to create sustainable aluminium rail wagons, supporting India’s railway expansion and emission reduction goals.
Blue Dart’s ‘Azadi ka Amrit Mahotsav’ initiative brings 15 new retail stores, franchise centres, and enhanced services nationwide.
The YLP Award 2023 regional winners are acknowledged by FIATA and TT Club, promoting talent in logistics worldwide.
Global ice cream packaging market projected to surge, driven by innovation and rising consumer demand for unique flavors and sustainable options.
Kale Logistics’ Airport Cargo Community System has launched at GMR Hyderabad, streamlining cargo operations and boosting efficiency in a greenfield airport.
Amid import licensing concerns, government clarifies no significant price hike expected for laptops and tablets, ensuring supply stability.
Amazon teams up with Gujarat Government to enhance global e-commerce exports, empowering local MSMEs, artisans, and weavers.
Flipkart collaborates with Gujarat Government to empower local artisans and weavers, driving e-commerce growth.
Responsible for leading business development and revenue generation initiatives in his new role, Rajesh brings in more than two decades of extensive leadership experience in sales, operations, and more.
Falcon Autotech transforms DTDC’s Chennai hub with cutting-edge parcel sorting tech, boosting efficiency and service quality in logistics.
Drone Delivery Canada achieves milestone with Canary RPA’s successful commercial flights, showcasing improved performance and potential for revolutionising healthcare supply chains.
Sanjay Kumar Agarwal takes over as CBIC Chairman, succeeding Vivek Johri who retired on May 31.
Kazakhstan seeks a joint venture with Abu Dhabi Ports to ship agricultural exports via Iran and Gulf ports, expanding trade routes for its grains and oilseeds.
Haryana Chief Minister expresses gratitude to PM Modi and Railway Minister for selecting 15 stations for redevelopment.
The MSC takeover, set for 2024, will pave the way for AlisCargo’s revival with a Boeing 777 freighter.
Bangladesh approves four routes for goods transportation to merchants in Tripura and other northeastern Indian states, promoting bilateral trade and cooperation.
Union Minister Dr. Jitendra Singh announces Kashmir’s rail link to the country by year-end, lauds PM Modi’s development efforts.
Union Home Minister Amit Shah inaugurates highway projects, emphasises the link between infrastructure development and economic growth.
The Federation of Freight Forwarders’ Associations in India (FFFAI) hosted its 15th EC meeting in Kolkata, with a focus on Northeast India’s potential in the logistics industry.
Prime Minister Narendra Modi initiates a massive project to redevelop 508 railway stations, enhancing passenger experience and preserving cultural heritage.
Federation of National Industries organises National Logistics Summit in Gurugram, fostering dialogue on industry growth and solutions.
Despite a challenging comparison with the previous year’s exceptional volumes, the company achieved a 5 percent YoY growth in volumes.
86 Indian airports adopt green energy, with 55 achieving 100 percent green energy consumption, reducing carbon emissions in aviation.
Shipping container spot rates show significant rebound with the largest increase in over two years, indicating the end of the 16-month ocean-freight cost slump.
India’s Ministry of Civil Aviation reports issuing 993 Commercial Pilot Licences this year till July 24, along with aviation updates.
TVS Supply Chain Solutions’ IPO, with a fresh issue of Rs. 600 crore, will open on August 10, with plans to utilise the funds for debt repayment and general corporate purposes.
Indian Railways achieves 507.7 MT freight loading in Q1 of FY24, showcasing a customer-centric approach and agile policy-making.
Adani’s expansion plan for Sanghipuram port aims to accommodate larger vessel sizes and bolster cement capacity through strategic acquisition.
The aviation security culture week aimed to raise awareness among officials about the critical aspects of cargo and personnel security, as well as access control processes.
BLR Airport excels in perishable cargo exports, handling record tonnage in FY23, bolstering India’s global market presence.
IndiGo achieves unprecedented success with soaring revenue and profits in Q1 FY’24, poised for future growth.
Cargo movement on India’s national waterways has surged by 16 percent in 2022–23, as reported by Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal.
Airbus Beluga returns to Hyderabad Airport, showcasing its distinctive design and landing capabilities for oversized cargo.
Join the National Logistics Summit 2023 to explore cutting-edge ideas and trends in the logistics sector on August 4, 2023.
Snowman Logistics reports an impressive Q1 FY’24 performance, boasting a 48 percent revenue surge, 79 percent PAT growth, and the declaration of an interim dividend, driven by increased capacity utilisation and expansion initiatives in key growth areas.
Transport Corporation of India reports robust Q1 FY’24 results with 7.8% revenue and 8.7% net profit growth, driven by demand in warehousing and 3PL services despite industry challenges.
Union Transport Minister Nitin Gadkari assures swift completion of Dwarka Expressway to improve commuting in NCR.
SpiceJet introduces daily non-stop flight between Vizag and Hyderabad, enhancing travel connectivity in the region.
Aviation regulator DGCA greenlights Air India and IndiGo’s import of 970 planes as part of their expansion plans.
The round table meeting with Vietnam delegation and Ministry of Commerce and Industry, Govt of India was held on 1st August 2023.
Customers can now ship rakhis and gifts at an affordable price starting from INR 250 domestically, and 50 percent off internationally.
KKR’s Highways Infrastructure Trust (HIT) makes strategic acquisitions in India’s road sector, obtaining four assets from Macquarie India worth Rs 3,000 crore.
Challenging terrain & weather push Zojila tunnel’s completion to 2030, offering all-weather connectivity to Ladakh.
Union Minister Piyush Goyal highlights India’s strong footing in the footwear and leather sector, eyeing global leadership.
Rail Coach Factory, Kapurthala, to roll out India’s first double-decker cargo liner coach next month for time-bound freight movement.
The new tool allows customers to measure the carbon footprint of their shipments so they can improve transparency in their sustainability reporting.
Jalan-Kalrock Consortium announces Jatinderpal Singh Dhillon’s appointment as Accountable Manager for Jet Airways.
Cochin Port registers impressive growth in global liner shipping connectivity index, boosting international links.
Amazon India sets up its first floating store on Dal Lake, Srinagar, empowering small businesses for efficient deliveries.
Indian regulator approves AirAsia India’s flights under Air India Express brand, signaling closer integration.
The 9th Edition of the PHDCCI Global Aviation & Air Cargo Summit, themed “Scaling New Horizons – Trends for Future Sustainable Growth,” was successfully organised by the Civil Aviation committee on 26 July 2023 at the PHD House, New Delhi.
Sarbananda Sonowal, has announced a significant investment of Rs 1,126 crore to enhance waterway connectivity in Northeast India.
Rajasthan’s Public Works Department (PWD) has embraced a novel approach of using plastic waste to construct 15,000km of roads.
WFS, marks an important milestone with the opening of WFS Bangalore Gateway in partnership with Bengaluru International Airport Limited (BIAL).
Starting August 31, 2023, the airline will operate non-stop daily flights between Bengaluru and Shivamogga.
Vipin Vohra, Chairman of Continental Carriers and Chair of Civil Aviation Committee at PHDCCI, was honored with the prestigious ‘Air Cargo Innovator of the Year’ award for establishing India’s first Green Field Air Freight Station.
Air India seeks to boost its presence in air cargo with wide-body aircraft and sector-specific packages targeting telecom, electronics, and pharmaceutical industries.
Union Finance Minister Nirmala Sitharaman inspects Srimantapur Integrated Land Port, discusses bilateral trade and inland water connectivity.
Industry veteran Mike Jones brings expertise to BIFA as policy advisor, leading initiatives on environmental and sustainability issues.
DHL strengthens its European e-commerce presence by acquiring Turkish parcel delivery company MNG Kargo and its subsidiaries.
ICAO and WCO release “Moving Air Cargo Globally,” providing stakeholders with guidance on securing air cargo and embracing digitalisation.
Assam CM Himanta Biswa Sarma met Nitin Gadkari, urging assistance in expediting infrastructure projects and revealed plans for healthy food streets nationwide.
Visakhapatnam Port plans to introduce solar power projects, Shore to Ship, and Green Tugs to become an eco-friendly port.
Minister Nitin Gadkari grants Rs 250 crore under CRIF to enhance road conditions in Uttarakhand and discusses vital projects with CM Dhami.
Prime Minister Narendra Modi to inaugurate Hirasar Greenfield Airport, boosting industrial growth and connectivity in Gujarat.
Ministry of Civil Aviation discontinues air cargo services at Vijayawada and Tirupati airports, permitting self-handling at one, while Visakhapatnam operations remain unaffected.
The Commerce and Industry Ministry calls for standardising processes and reducing cargo release time to boost EXIM trade.
Indian Railways to unveil revamped ACT1 wagons, capable of transporting SUVs on both decks, cutting emissions and costs.
The Maharashtra government considers reclaiming airports leased to Anil Ambani Group due to non-maintenance and unpaid dues.
Tiger Logistics has partnered with OneNDF to introduce ‘Cargo Value Finance’ and integrate it into their digital freight platform FreightJar.
The facility will offer value-added services that will allow cargo storage for a short and medium term, enhancing service efficiency and cost benefits.
Slowing demand in US and China leads to a projected 10-15 percent decline in India’s gems and jewellery exports in FY23.
Ajay’s diverse experience with renowned 3PL companies makes him the perfect candidate for General Manager for North India.
India’s Airport Authority targets significant capital outlay for infrastructure expansion while prioritising safety measures and sustainable aviation initiatives.
Jet Airways strengthens leadership with the appointment of two Whole Time Directors and a Non-Executive Director to overcome challenges and execute its resolution plan.
The platform focuses on learning for freight forwarding & logistics service providers through digital learning and skill development programme.
Emirates SkyCargo meets rising demand for perishables, transporting 3,590 tonnes of fresh-cut flowers in May 2023, up by 20 percent.
Lucknow witnesses progress in Ring Road, Airport Expansion, and Railway Station re-development projects for remarkable growth.
Qatar Airways Cargo and Airlink partnership delivers 351 tonnes of humanitarian aid using Japanese tech to 17 countries.
Ministry of Road Transport & Highways and Japan International Cooperation Agency develop guidelines to boost hill road infrastructure in India.
Menzies Aviation, a leading airport services provider, acquires majority stake in Cargo Handling Services at Sofia International Airport.
With the IATA designator code “OY” and accounting prefix “651”, Dronamics gains official recognition as an airline entity.
A recent study by FuelTrust highlights the alarming fuel-related issues faced by over 600 vessels, despite meeting quality standards.
The establishment of the Mumbai office further solidifies SeaLead’s dedication to meeting customer needs and optimizing its offerings for enhanced service delivery in South Asia.
Adani Ports targets global dominance, aiming for carbon neutrality and revenue tripling by 2030, Says Chairman Gautam Adani.
In a bid to enhance its ongoing transformation, FedEx is implementing strategic shifts within its finance organisation.
With the theme of “Nurturing eCommerce Businesses of the Future”, the summit will take place on August 4th, 2023, in New Delhi.
WebCargo by Freightos introduces interlining functionality, facilitating collaboration among carriers for airfreight bookings.
CargoTech’s investment not only provides financial support but also enables collaborative developments and cross-selling among its members.
The new twice-weekly route will connect Ezhou to Frankfurt, utilising a Boeing 747-400 freighter.
The meeting facilitated constructive discussions on fostering collaboration between FIATA, VLA, and the Vietnamese government to drive the growth of the nation’s logistics sector.
With rents starting as low as Rs 10 per square foot, the warehouse spans 30,000 square feet, and already two clients have booked around 8,000 square feet of space.
Spanning across an expansive area of 5.25 lakh square feet, the logistics park offers unparalleled infrastructure and capabilities.
Swiggy has entered the food and grocery retail market with the acquisition of LYNK Logistics, a prominent FMCG retail distribution company.
CSafe, a leading provider of pharmaceutical shipping solutions to integrate -20°C temperature capability in CSafe RKN containers.
Spanning across an expansive area of 5.25 lakh square feet, the logistics park offers unparalleled infrastructure and capabilities.
Fadnavis emphasized the efforts of the central and state governments in making Vidarbha a thriving hub for logistics, industry, and economic prosperity.
MEP Infrastructure Developers’ subsidiary, Victory Infra, signs an agreement to operate and maintain a dry port in Congo.
The newly constructed Shivamogga Airport in Karnataka will be the first airport maintained by a state government institution.
Union Minister Nitin Gadkari inaugurates three National Highway projects in Tirupati, enhancing connectivity and tourism.
IndiGo and Delhi Airport celebrate a milestone as the airline becomes the first to operate from the newly constructed fourth runway, marking a significant moment for Indian aviation.
Airbus initiates the offering of up to 5 percent sustainable aviation fuel (SAF) to customers during aircraft delivery from its Toulouse and Hamburg centres.
Qatar Airways Cargo’s ground handling partner, Qatar Aviation Services Cargo, achieves IATA Smart Facility Certification for its cargo facility in the Doha hub.
This newly approved FTO will offer aspiring pilots in Tamil Nadu training opportunities in accordance with the standards set by the DGCA.
The second Over Dimensional Cargo (ODC) arrives at Pandu port via inland waterways for Numaligarh Refinery’s expansion project.
Munich Airport experiences a steady upward trend with freight volume reaching 132,404 tonnes in the first half of 2023.
The Railway Ministry has given the green light to the 129 km South Haryana Economic Rail Corridor, connecting Haryana with Gujarat ports via Rajasthan.
Godrej & Boyce, plans to establish a new facility in Khalapur, Maharashtra to expand the company’s operations and have four times the area of its existing facility in Vikhroli.
Amazon Air makes adjustments to its flight operations by scaling it down in Europe while assuring an uninterrupted delivery experience.
The program aims to address the truck driver shortage in India and empower women in the industry with higher earning opportunities.
3SC’s SCAI platform receives recognition in Gartner’s 2023 Market Guide for Analytics and Decision Intelligence Platforms in Supply Chain.
Pune Airport’s new integrated freight terminal hasn’t sent a single metric tonne of cargo in the last seven months.
The Biju Patnaik International Airport (BPIA) will handle international cargo with direct flights to Dubai, Singapore, and Bangkok.
Noida International Airport (NIA) will get assistance in automating and streamlining airport operations from SITA.
Etihad Cargo is all set to achieve its goal of shipping up to 500 tonnes of berries in upcoming months via its FreshForward system.
Qatar Airways Cargo’s perishables expertise has been confirmed through a thorough IATA CEIV certification process, leading to IATA CEIV Fresh accreditation.
Mustafa Tonguç takes on the role of Managing Director of DHL Express Germany, bringing extensive experience to the position.
ASAP Kerala and Cochin Shipyard have collaborated to provide skill development programs for marginalised youth in Kerala.
Vizag Port’s Visakha Container Terminal sets a new milestone, handling 4,035 TEU containers in a single day.
Union Minister of Civil Aviation announces daily flights between Chennai and Jaffna, enhancing trade and tourism prospects.
Northern Railways reports significant progress with 95 percent completion of the Katra-Banihal Railway Line, overcoming challenges.
EFL Global’s UK facility, Black Arrow warehouse will meet high-street retailer demand and provide logistics services.
Ukraine gains control of Russian-owned AN-140-100 aircraft, acquired from sanctioned company Rostec, amid ongoing investigations.
The infrastructure projects worth Rs 6,100 Cr in Telangana will commend the state’s contributions to India’s progress.
The facility located near Gurumajra, Manpura, will boost Prime Minister’s Gati Shakti Plan.
Caparo Logistics announces Kajal Bagchi as their new CEO, bringing extensive experience and strategic leadership to the company.
Adani Ports and Special Economic Zone (APSEZ) witnesses significant cargo handling growth in Q1 FY24.
DGCA and EASA join forces in a Memorandum of Understanding to collaborate on unmanned aircraft systems and air mobility.
IATA adjusts projections, expects Hong Kong’s aviation sector to recover to pre-crisis levels by 2024, lauds government efforts.
Nitin Gadkari, Union Minister for Road Transport and Highways, launches eleven NH projects worth Rs 5600 Cr in Pratapgarh, Rajasthan.
Yashpal Singh Tomar, an IIT alumnus, takes charge as Director (NPM) at RailTel, aiming to enhance revenue and drive digital transformation.
Vipin Vohra, Chairman-Continental Group, along with PHDCCI delegation, invites Minister for Global Aviation Summit.
With 8400+ successful package deliveries to date, DRONECO by TSAW Drones has covered an impressive total distance of 6920 kms+ and delivered a cumulative weight of 620 Kgs+.
IndiGo will add Baku to its extensive network from August 11, 2023, fortifying economic ties, diplomatic connections, and vibrant cultural exchanges between the two nations.
DCBA’s 39th AGM, conducted on June 25, 2023, discussed activities of DCBA during the last one year and future course of action.
The green, multi-client, Grade A warehouse with 5 Lakh sq. ft of storage space is set up on a 15-acre private campus in Mumbai and has a rainwater harvesting facility.
The newly launched label printers are ergonomically designed for the logistics, manufacturing, and retail sectors, ensuring increased productivity.
MSC has confirmed the ongoing nature of the discussions to acquire Italian cargo airline AlisCargo, according to recent reports.
Maersk increases rates on Asia-North Europe trade route as market conditions remain challenging. The move aims to sustain high-quality services.
The launch of B2B Express services across air and surface modes will offer businesses access to Ekart’s extensive network of first-mile, mid-mile, and last-mile transportation fleet.
FFFAI launches India’s first smart e-FBL initiative on CODEX platform, enabling seamless and secure freight forwarding operations.
Mobility Solutions receives Top Operational Performance Award from Alstom Transport India, recognising their excellence and commitment to supplying metro train parts.
UN Chief urges maritime nations to take immediate action, setting ambitious targets for shipping emissions to achieve net zero by 2050.
British Airways’ Chief highlights balanced growth and expansion plans in India amidst increasing air travel demand.
The India-Myanmar-Thailand Highway project is inching closer to realisation as it reaches 70 percent completion, fostering regional connectivity.
The government’s bold initiative to construct greenfield expressways is set to revolutionise the country’s transportation infrastructure.
The commerce ministry has called a meeting to address declining exports, as outbound shipments continue to shrink.
Jeena & Company boosts warehousing capacity in Mumbai with a state-of-the-art facility, catering to diverse industries’ storage needs efficiently.
TVS Motor Company has joined forces with Zomato to promote sustainable urban transportation by deploying 10,000 electric scooters for last-mile delivery.
The successful conclusion of TIACA Event Africa in Nairobi brought together 200 delegates to discuss African air cargo market intricacies.
Port management will revolutionise with a digital radar and camera network launch, bolstering safety and efficiency in shipping traffic across the port area.
Successful conclusion of Third G20 IWG Meeting in Rishikesh, Uttarakhand on 28th June, shaping sustainable infrastructure for G20 nations.
The Haryana government plans to set up 3 multimodal logistics parks in Palwal & Ambala districts to boost economic growth and attract investments.
Omni Air announces ACMI service for MIAT Mongolian Airlines, connecting Mongolia to Germany and Turkey during the peak summer season.
Austrian logistics firm strengthens German network with B+A acquisition, enhancing services in Nuremberg.
Prestigious International Annual Awards Program honors standout AI and machine learning solutions and companies.
The Supply Chain Management & Logistics Summit 2023 highlights India’s role in the global transformation of supply chain and logistics, paving way for global leadership.
Etihad Cargo launches the Pharma Champions program, enhancing pharmaceutical business with training and tailored action plans for improved service levels.
DHL Express Estonia plans a new logistics facility at Tallinn Airport, meeting growth demands with an advanced sorting system and improved service quality.
Delays plague the Mumbai-Goa highway widening project, casting doubts on the completion deadline despite promises and pending land acquisition issues.
Port Authority partners with CWC and SDCL to enhance cargo handling and support exporters through a new container station and warehousing facility.
Santa Marta International Terminal Company marks Tideworks’ 15th deployment of its next-generation marine terminal operating system.
IATA’s World Sustainability Symposium in Madrid to drive aviation decarbonisation. Global leaders discuss net-zero emissions and sustainable solutions.
NHAI plans to raise Rs 15,000 crore through InvITs in FY24, as part of its road monetization strategy, to enhance infrastructure funding.
Prime Minister Narendra Modi launched five Vande Bharat trains, including routes connecting Madhya Pradesh, Jharkhand, Bihar, and Karnataka, boosting regional connectivity.
The call to reduce VAT on aviation turbine fuel (ATF) will improve cost competitiveness and support the financial viability of Indian carriers.
Odisha gears up to bolster its aviation sector with the establishment of a groundbreaking Aviation Security Training Institute (ASTI).
Global leaders hail Air India and IndiGo’s massive aircraft orders, praising their contribution to job creation and aviation sector growth.
‘BLR Pulse’ is a digital travel companion that provides real-time updates and personalised assistance for an enhanced airport experience.
The Ministry of Road Transport and Highways plans to increase road construction targets by close to 40 km per day, as Gadkari is dissatisfied with the existing target.
As the new Managing Director, Malay will continue to provide strategic direction and oversee the company’s overall operations, focusing on delivering exceptional value.
Sushil will be responsible for large contracts acquisition, procurement of warehouses, procurement of transportation, and growth of the contract logistics business.
The IRGC Navy Commander declared that the ships passing through the Strait of Hormuz must provide their name, nationality, and cargo information in Persian language.
The Inland Waterways Authority will promote water transport, enhance connectivity, and boost economic growth in the state.
Ayodhya Airport’s phase 1 expects an operational licence by October, enabling commercial flights. The runway is equipped with advanced navigation systems.
The upcoming completion of the ‘Missing Link’ promises seamless and safer journeys on the Mumbai-Pune Expressway, shortening travel time.
The German supplier of Aerospace materials seeks to leverage the strategic location to service manufacturing units in India’s Aerospace triangle of Belagavi, Bangalore, and Hyderabad.
The Toyota advanced logistics company, Bastian Solutions’ new facility will be operational just outside Bangalore by October 2023.
Delhi Metro’s Airport Express Line speeds up to 110 Kmph, reducing travel time to T-3 from New Delhi station and bringing the airport closer to the city centre.
With 90 percent of construction completed and plans for cargo connectivity, Kerala’s ambitious Vizhinjam Port is set to be commercially commissioned in May 2024.
Global logistics giant FedEx plans to ground additional aircraft amid declining revenues and rising costs as part of its cost-saving initiative.
The inauguration of the control tower in India will enhance supply chain operations with business intelligence dashboards, predictive analysis, and more.
Electric buses in Delhi gather dust at a depot, exacerbating the city’s bus shortage. Only one bus runs on trial with technical issues.
Dr. Ivan Petrov and Shankar Shinde meet to shed light on their collaboration to benefit the logistics fraternity.
Former Union finance secretary Hasmukh Adhia has been appointed Chairman of GIFT City, GMDC, and GACL, replacing S. G. Mankad.
The inability of the terminal’s marine completion due to the monsoon can delay the launch of the water metro service to Fort Kochi.
As announced by the Union road transport minister, all AC truck cabins from 2025 will address driver fatigue and safety concerns.
SpiceJet temporarily suspends Puducherry-Bengaluru-Hyderabad flights, benefiting competitors and alternative travel options.
The civil aviation fleet has soared 75 percent since 2013, reaching 700 aircraft, and is projected to reach 1,500–2,000 in 5–6 years.
Restricting vessel entry temporarily, Reliance Industries has resumed operations at Sikka Port in Gujarat.
Pakistan has formed a negotiation committee to finalise a deal with the United Arab Emirates (UAE) for the transfer of the Karachi port terminals.
Allcargo Group Company, Gati, increases the scope of a wider scale of operations for businesses with the introduction of 1,000 pin codes.
Pragati, a leading developer of Grade-A industrial and logistics parks, has successfully entered the Chennai market with the acquisition of a 36-acre site in Sriperumbdur, Tamil Nadu.
Union Minister Nitin Gadkari lays the foundation for Karnal’s Rs 1,700 crore ring road project, promising improved connectivity and reduced congestion.
The Jawaharlal Nehru Port Authority (JNPA) welcomes its longest-ever visitor, the MSC Hamburg cargo ship, setting a new record for Indian ports.
Boeing projects global commercial airplane numbers to double by 2042, driven by strong growth in Asia-Pacific and China.
Yogi Adityanath directs the completion of the Ganga expressway and the setting up of an industrial cluster by December 2024.
JCBL-MSL bags orders worth 100 crores with the objective of elevating the quality of Indian trains.
IRCTC introduces a tourist train from Ahmedabad to provide travel experiences in South India.
Chanchal Kumar, an IAS officer will serve as the new Civil Aviation Secretary from August 1, succeeding Rajiv Bansal.
DFCCI completes a key leg of the Dedicated Freight Corridor, enabling seamless Bihar-Gujarat freight connectivity boosts efficiency and reduces transit time.
Qatar Airways Cargo becomes the first airline worldwide to achieve IATA CEIV Fresh certification, ensuring safe and efficient transportation of perishable goods.
Based on the latest market study by CLIVE Data Services, airfreight rates in May reached their lowest level since March 2020, raising concerns among airlines and freight forwarders.
The Karnataka government has objected to Adani Group taking over the Mangaluru Airport and has planned to seek clarification from the centre.
Punjab CM seeks Nitin Gadkari’s intervention for speedy completion of Jalandhar-Hoshiarpur road project.
T K Ramachandran has assumed the position of Secretary in the Ministry of Ports, Shipping, and Waterways (MoPSW), succeeding Sudhansh Pant.
MT37, a state-of-the-art portable data collector equipped with advanced 6th Generation technology, launched by Newland AIDC.
Cool Chain Association welcomes two new joinees – Switzerland-based Lamprecht Pharma Logistics and France-based Logfret.
Royal Schiphol Group has spread its wings and acquired a 40% stake in Maastricht Aachen Airport, propelling the Dutch cargo industry to new heights.
Five new Vande Bharat trains will be launched on June 26 as per Railway officials.
Falcon Autotech launched its ‘NEO – An ASRS that everyone can own’ to transform the warehousing landscape through unparalleled efficiency.
BlueDart has appointed VN Iyer as Group CFO, and Sudha Pai as CFO.
Wisetech Global and FIATA have renewed their partnership for the second consecutive year.
Foundation laid by Nitin Gadkari for 10 NH projects in UP will encourage investment and employment opportunities.
The Diamond Jubilee celebration of FFFAI held on June 9, 2023, addressed the theme of “FFFAI Transcending Boundaries”.
iThink Logistics ‘Dark Mode’ feature will bring multiple well-being benefits for its users.
Due to several industry trends Grade A warehouses are witnessing significant demand today.
India’s Gujarat coast operations suspended by authorities as ‘Cyclone Biparjoy’ develops.
The 49th Network Planning Group meeting pushes the Tripura roadways project for better connectivity within the region.
Tideworks successfully launches its virtual training device for terminal yard tractor (UTR) drives.
Present IndiGo CEO Peter Elbers has been chosen as the Chair-elect of IATA’s Board of Governors, effective from June 2024.
Kerry Logistics seeks after-sales services to the electronic and technology supply chain, enriching customer satisfaction.
SpiceJet will induct 10 new B737s from September this year to address the increased passenger demand.
ACAAI is the premier recognized National Association representing the air cargo industry in India.
The renowned logistics company Allcargo Logistics announces a 30% stake acquisition in Gati-Kintetsu Express (GKEPL).
On completion of the 1350-kilometre expressway, the current 24-hour travel time between the two cities will reduce to 12 hours.
The upcoming ‘Solution de Technology, Automation & Robotics’ conference will illustrate the transformative technologies that are reshaping the logistics landscape.
Air India SATS (AISATS), with AeroTech Support Services, introduces India’s first robotic dry wash service for aircraft exteriors.
The 8th edition of ‘The Matrix Global Summit 2023’ illustrated the game-changing role of DeepTech startups and Make in India enterprises.
The new liquid cargo berths 3 and 4, which the JN port authority developed with internal funds, are in need of an operator to equip, operate, and maintain them.
As the company’s new CEO and President, Sanjay Kumar joins InterGlobe Technology Quotient.
The Navi Mumbai International Airport (NMIA) will have a passenger capacity of 9 crore per year. The first phase will include four terminals and accommodate 42 aircraft.
The Federation of Freight Forwarders’ Associations in India will hold its Diamond Jubilee ceremony in New Delhi on June 9, 2023, with the theme “FFFAI Transcending Boundaries.”
Chinese items, which account for the lion’s share of low-cost Asian imports into the US, are likely to fall below 50% for the first time in over a decade.
Transindia Real Estate firm announced plans to sell a number of ventures and subsidiaries to the major global investment company Blackstone for around ₹400 crore.
IndoSpace Core, the logistics and industrial real estate vehicle, has bought the Amazon Fulfilment Centre in Hyderabad from GMR Group.
The French government’s decarbonization strategy, which includes a ban on domestic short-haul passenger flights over train routes, will have “no impact” on AFKLMP’s operations.
Willie Walsh, Director General of the International Air Transport Association (IATA), predicted that airlines would earn an average of USD 2.25 per passenger.
Government officials stated that a third airline is not permitted to use the seats under the bilateral agreement between India and Dubai.
Nitin Gadkari, Union Minister of Road Transport and Highways, laid the foundation stone for two national highway (NH) projects in Assam on June 5.
Maastricht Aachen Airport (MST) has been recognised by Turkish Cargo for its operational excellence, teamwork, and customer-oriented approach.
ShipEase plans to use the funds largely for technological developments and expanding their brand in the D2C sector.
Stellar Value Chain Solutions scaled up its warehousing capacity by an additional 2 million sq ft in May this year.
Blue Dart has planted more than 111,000 trees annually, which as full-grown trees, would collectively offset over 13,320 tonnes of CO2 per year.
Allcargo Group has made several strategic appointments at the top management level following the demerger.
MSRDC has formally selected 18 areas for logistics hubs, townships, and Krishi Samruddhi Kendras on Samruddhi Mahamarg.
The PKZ Group’s current business operations and staff will be transferred to the recently founded Hellmann Worldwide Logistics Slovakia starting in June 2023.
Preliminary figures on worldwide tonnages for the entire month of May show a drop of 6% from the prior year, which is better than the first three months and April.
The Rapid Regional Transit System (RRTS) would be used to transport cargo during non-peak hours as RAPIDX will connect Delhi with industrial towns and suburban areas of Haryana, Rajasthan, and Uttar Pradesh.
For the fourth quarter that ended in March 2023, Adani Ports and Special Economic Zone (APSEZ) reported a 2.63 percent increase in consolidated net profit to Rs 1,140.97 crore on May 30.
NorthLink Aviation and Kale Logistics Solutions collaborate to provide distinctive digital infrastructure for the airport in Anchorage.
The ruling followed a dispute filed by the European Union, Japan, and Taiwan against these duties in the WTO. On May 30, Japan expressed displeasure with India’s plan to appeal a WTO trade dispute settlement panel decision on import taxes on specific information and technology items.
The study noted 10 major changes, including supply-side policy reforms, economic formalisation, Direct Benefit Transfer, the Insolvency and Bankruptcy Code, a focus on FDI, and flexible inflation targeting.
On the heels of policy measures and reforms during the last nine years, the Union government said on May 30 that military exports have dramatically increased while imports have decreased.
The upcoming Noida international airport would include a multi-modal freight centre, as per the concessionaire deal signed between AISATS and Yamuna International Airport on May 31.
InvIT’s third tranche is expected to be released in June, and NHAI expects to make Rs 12,000 crore from this deal.
Amit Mehta has been appointed as Regional Manager for South Asia, the Middle East, and Africa at Malaysia Airlines.
Gati begins using co-branded alternative fuel vehicles for pickup and delivery.
The three global associations will collaborate to improve coordination among forwarders, handlers, and airlines in order to establish unified, high standards.
King Abdulaziz Port has been added by container liner MSC to the Upper Gulf Express shipping service, according to the Saudi Ports Authority (Mawani).
The demand for warehouse spaces in Tamil Nadu is rising, and newer locations are emerging in this space.
India has joined three of IPEF’s four pillars, but it is still only an observer in the trade pillar.
This is the latest setback for Gatik, which has already had to secure new flags for 36 of its ships after the St. Kitts and Nevis International Ship Registry deflagged them.
Vande Bharat will travel from Guwahati to New Jalpaiguri in 5 hours and 30 minutes, while the current quickest train takes 6 hours and 30 minutes.
In the next financial year, Snowman plans to amplify their 5PL business along with building on their technological capabilities.
The first freight drone airline in the world, Dronamics, announced that the first flight of its signature model was successful.
Union Road Transport and Highways Minister Nitin Gadkari urges stakeholders to make alternative fuels like green hydrogen available to people at cost-effective rates.
The Prime Minister dedicates newly electrified train lines to the nation and declares Uttarakhand a 100% electric traction state.
GALAXY, Kale’s high-performance cloud-based cargo handling system, will be phased in at several airports in the near future.
For a global brand, Kerry Logistics Network (KLN) has used sorting robots to increase sorting and delivery efficiency and satisfy the booming demand for e-commerce fulfilment.
Gati launched the Bike Express Service, intended specifically for professionals, students relocating to new cities, tourists, and bikers seeking independent mobility.
The state-of-the-art Integrated Consumer Goods Manufacturing and Logistics (ICML) plant at Khurda was inaugurated by Chief Minister Naveen Patnaik on May 22.
As per Delhivery CEO Sahil Barua, inflationary pressures could create a minor slowdown in the Indian e-commerce business, with growth rates of 15% to 20% expected for this FY.
The forthcoming policy would oversee significant ports and give them the right to, under certain circumstances, extend leases to current terminal operators.
By the end of 2024, Rajasthan’s roads would resemble those in the United States, making it a happy and successful state, according to Union Minister for Road Transport and Highways Nitin Gadkari.
By the end of June, SpiceJet plans to begin operating two international UDAN flights on the Agartala-Chittagong and Imphal-Mandalay routes.
Porter intends to invest $6 million in the UAE over the next three years.
The largest crowdsourced 3PL network in India, Shadowfax, joined the government-sponsored Open Network for Digital Commerce (ONDC) to offer last-mile deliveries.
To further strengthen bilateral relations, 20 Broad Gauge (BG) locomotives were virtually flagged off to Bangladesh in a handover ceremony held on May 23 at Rail Bhavan, New Delhi.
WFS enters India through the launch of cargo handling operations at Kempegowda International Airport, Bengaluru, India’s 3rd largest air cargo hub.
The Asian Development Bank (ADB) has authorised a $300 million loan to connect Nepal’s Kakarbhitta-Laukahi road to international trade routes, particularly those to India and Bangladesh.
The Hanogi-Jhalogi tunnels on the Kiratpur-Manali route in the Mandi district were opened but have not yet been officially inaugurated.
The Biden administration prohibited the export of a variety of consumer items to Russia and placed 71 companies on a trade blacklist.
GATI, one of India’s leading express distribution and supply chain management companies, has reported its unaudited financial results for the quarter ended March 31, 2023.
IndiGo’s additional international connections from Kolkata will be enhanced via new flights to Bangkok beginning on June 3, 2023, and Surat, Hyderabad, beginning on July 3, 2023.
CMA CGM Air Cargo has established a new freighter route between Paris, France, and Mumbai, India, as part of its new cooperation with AFKLMP.
Japanese Digital Minister Kono Taro stated that UPI is a “very convenient system of payment,” and the Japanese government is seriously contemplating joining India’s UPI payment system.
In its financial statements for the fourth quarter and the year ended March 31, 2023, Transport Corporation of India (TCI) reported standalone revenue growth of 18.96per cent and a net profit of 13.49per cent.
In the upcoming India Warehousing Show from June 14 to 16, 2023, at Pragati Maidan, New Delhi, around 230 suppliers will be showcasing the next generation of technologies.
New routes include Bengaluru-Dubai, Kochi-Bahrain, Lucknow-Dammam beginning June 1, and Ahmedabad-Jeddah beginning August 11, 2023.
The airline pilot union declared, “Our goal is to reach an agreement, not to strike.”
This mango season, Bangladesh air cargo carriers are likely to experience an upsurge as traders want to elevate the fruit’s exports this year.
Jupiter Wagons (JWL) will reopen Stone India, a Kolkata-based engineering firm, over the next six months after undergoing a modernization process.
Aviation industry veteran Sanjiv Kapoor has joined the Saudia Group as an advisor to His Excellency Ibrahim Al-Omar, Director General of the Group.
AI and automated ships pose new challenges in casualty liability, warns the chairman of the Association of Average Adjusters.
The Ministry of Ports, Shipping, and Waterways (MoPSW) ranked second out of 66 ministries in the extremely influential DGQI assessment for 2022-2023 Q3.
At Air Cargo Europe 2023, Kale Logistics Solutions releases a booklet titled Kale Shaping Sustainability at Airports.
Natasha Solano-Vesela joins as Global Airfreight Director, Perishables; she was previously with Maersk.
Hybrid Shifting Solutions India secures a US$2.5 million investment from Transworld International, with an additional US$10 million in cash and infrastructure support.
Piyush Goyal delivers the keynote talk at the business meeting with the Federation of Belgian Enterprises with a focus on the 4Ts of Trade, Technology, Tourism, and Talent.
Union Minister Sarbananda Sonowal will kick off the two-day conference at Munnar on May 21.
The government estimates that the carbon tax will affect India’s exports by 1.8per cent, or $8 billion.
The second Alternative Investment Fund will be utilised to make investments in the industrial and warehousing assets of Welspun One.
Farmers claim that the low cost of these imported apples, particularly Iranian apples, made it impossible for Indian apple farmers to compete and resulted in significant losses.
According to Commerce Ministry figures released on May 15, India’s exports to the UAE fell by 22per cent to $2.23 billion from $2.86 billion in April.
By means of the capacity sharing arrangement, Teleport plans to utilise the space on the world’s first A320 freighter, which is flown by Pradhaan Air Express.
Frankfurt will soon become one of the world’s most prominent e-commerce hubs.
The new allocation features in myCargo are expected to completely change how clients handle their online cargo allocations.
Piyush Goyal discusses modalities of engagement for working towards a comprehensive TEPA with EFTA representatives.
The first ministerial meeting of the India-EU Trade and Technology Council will take place in Brussels on May 16, 2023.
According to Bank of Baroda, India’s imports of Russian oil increased tenfold last year.
The cargo and logistics division of Etihad Airways, Etihad Cargo, has received an advanced rating for a key criterion in a BlueSky Sustainability Verification Programme assessment.
Domestic inbound and outbound cargo operations will begin in Jaipur, next to the airport’s terminal building.
MSCI announced last week that it would reduce the free float of two Adani Group entities, Adani Total Gas and Adani Transmission.
With COSCO Shipping Specialised Carriers, GSBN has successfully executed a proof-of-concept (PoC) integrating the electronic bill of lading (eBL) for cargo discharge at Qingdao Port.
It is necessary to review ongoing railway projects to ensure economic efficiency and openness in operation, which will contribute to good governance as per CAG Murmu.
Narayan Rane urged global and domestic firms to continue to invest in India, which is on track to become the world’s third-largest economy.
The operation of freight trains in India has been increasing year-on-year and touched five lakh rakes in the just concluded financial year 2022–23.
The climate group has withdrawn its support for Adani Green, Adani Transmission, and Adani Ports and Special Economic Zone.
“Harit Sagar Guidelines 2023” call for the integration of ecosystem dynamics into port development, operation, and maintenance.
Ministers at MDTI discussed revamping and relaunching the CEO Forum between Canada and India.
PM laid the foundation stone, inaugurated, and dedicated to the nation; projects worth over Rs. 5500 crores on May 10, 2023.
With development of Sittwe Port, shipping products between Kolkata and Agartala and Aizwal will cost and take 50per cent less time.
Technology adoption and the inclusion of additional services have transformed India Post into a modern and diverse service provider.
India-UAE bilateral trade touched an all-time high of USD 84 billion in FY 2022–23 after the India-UAE CEPA was implemented, says DPIIT Secretary
With the addition of two Boeing 747-400Fs to its fleet of freighters, Emirates SkyCargo plans to double its current capacity over the next ten years.
Shantanu Thakur, Minister of State for Ports, Shipping, and Waterways, flagged off the vessel ‘M.V. MSS Galena’ from V.O. Chidambaranar Port as the direct shipping service between Tuticorin and the Maldives.
The South-Central Railway (SCR) Secunderabad division has chosen to build a new Gati Shakti Multi-Modal Cargo Terminal (GCT) near the Gadchandur station.
BPI Airport in Bhubaneswar has installed a 4MWp ground-mounted solar power plant in the operational area, making it one of India’s few airports that is completely sustainable.
Between April 2022 and January 2023, India imported around 600 tonnes of gold, a decrease caused by high import taxes, as per experts.
The collaboration between LSC and FFFAI would provide a big push for skill development initiatives pertaining to the logistics industry in India.
Deutsche Post DHL Group observed a significant reduction in airfreight volumes in the first quarter of 2023, which it attributed to “normalisation of market conditions.”
With the launch of its digital freight booking and management platform, Tiger Logistics intends to revolutionise the global logistics sector in India.
The safety app ‘i-Report’ will be available in over 200 locations across 22 states and will be manned 24 X 7, by 1000+ trained operators.
In five to six years, the food and beverage industry is expected to grow to a Rs 5,000 crore business, stated Mohit Malhotra, CEO of Dabur India.
The India-UAE CEPA beat virtually all other FTAs in terms of utilisation between May 2022 and March 2023, based on a Commerce Department report.
BizAmp, an outreach programme aiming at boosting MSMEs in the Northeastern states, was organised on May 4, 2023, at Dimapur, Nagaland.
In its Logistics Performance Index (LPI) Report for 2023, the World Bank said that JNPA turnarounds container ships in 22 hours.
Award-winning Atlanta-based logistics company Vector Global Logistics strives to serve as a one-stop shop for clients’ show freight needs.
The Air Cargo Forum India (ACFI) held its annual conclave at the Le Meridien Hotel in New Delhi on May 3, 2023, with the theme “Cargo Udaan- Connecting and Empowering Indian Skies.”
India has been working hard to improve connectivity both within and beyond the country. This is one of a few international efforts involving India, and it is part of India’s international strategy.
To conduct a trial run for a facility at Sittwe in Myanmar, a cargo ship will be flagged off from the Kolkata port now known as Syama Prasad Mookerjee Port (SMP) on May 4.
Railway Board Chairman Anil Kumar Lahoti announced on May 3 that the nation’s first hydrogen train is being developed and efforts are being made to start trials as soon as possible.
The airport, which would be located around 50 kilometres from Visakhapatnam, will have a capacity of 60 lakh passengers per year and is projected to be completed in 36 months.
Since its founding in 1963, IIFT has actively pursued all opportunities to develop itself as a recognised centre of excellence in global trade and commerce.
At the 16th IATA World Cargo Symposium (WCS) in Istanbul, Turkey, LATAM Cargo and Swiss Airtainer (SAT) were named the recipients of the IATA Air Cargo Innovation Awards for 2023.
The government has reduced the windfall tax on crude oil from ₹6,400 per tonne to ₹4,100 per tonne.
The China Merchants Group’s $392 million investment in a sizable logistics complex at Colombo Port marks the country’s first significant foreign investment since its recent economic crisis.
Spread over 4 lakh square feet, the new fulfilment centre will further strengthen Flipkart’s supply chain infrastructure in the state.
As per the World Bank’s Logistics Performance Index Report for 2023, India’s average container dwell time is only three days, compared to four to ten days for other nations.
Gadkari calls upon SCO Member States to collaborate on research and development for effective solutions to contemporary challenges in the road transport sector.
A strong, stable, decisive, and transparent government is the key to achieving our Hon. PM’s goal of making India a $5 trillion economy by 2025, stated Union Minister.
A comprehensive agreement known as CEPA was signed on February 18, 2022, and it became effective on May 1 of the same year.
The Gem & Jewellery Export Promotion Council (GJEPC) hosted the 49th India Gem & Jewellery Awards (IGJA) in Mumbai, with Union Minister Piyush Goyal as honorary chief guest.
The Minister for Road Transport and Highways said in an official statement that NHAI is creating world-class “Wayside Amenities (WSA)” at more than 600 spots along the National Highways.
Shankar Shinde’s selection to the Board of Governing Council would strengthen LSC’s ground-level reach in the end-to-end logistics business of PAN India.
The Transport Corporation of India Group (TCI Group) has partnered with IIM Bangalore to develop the TCI-IIMB Supply Chain Sustainability Lab.
Edward’s tenure began in April 2023, and he will be responsible for managing GMR’s cargo operations in New Delhi, Goa, Hyderabad, and all upcoming airports.
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 container shipping giant announced on Tuesday that it had stopped taking fresh bookings of goods for Sudan due to ongoing violence in the country.
The airline will own a fleet of ATR-72 aircraft with 76 seats. It will begin operations in the last quarter of 2023 with three aircraft and then scale up to six.
The inauguration date is yet to be finalised. Union Minister Nitin Gadkari will inspect the expressway before launch.
India’s largest expressway, 1,386 km long, is being built between Delhi and Mumbai, while the Delhi – Dausa – Lalsot section of this expressway is already operational.
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 Curtain Raiser was held at New Udaan Bhawan, New Delhi, and was attended by the Board of ACFI, along with the who’s who of the logistics industry.
On Friday, the Ministry of Civil Aviation started inviting bids from airlines for many routes under the fifth round of its regional connectivity scheme, UDAN.
The Union Minister for Ports, Shipping and Waterways inaugurated on Monday the National Technology Centre for Ports, Waterways and Coasts (NTCPWC) to bolster Make in India tech solutions.
The two major infrastructure development projects to boost the runway handling capacity from 35 to 45 flights per hour are nearing completion.
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.
Bureau of Civil Aviation Security (BCAS) gave the approval for the self-handling of outbound cargo by IndiGo.
Union Minister Sarabananda Sonowal announced on Sunday that the corridor will boost maritime trade between the two nations.
The 22-kilometres-long bridge, proposed over four decades ago, is targeting inauguration by year-end. The 18,000 crores bridge will link Sewri with Nhava Sheva.
Road construction was completed for 50,555 kilometres in 2022-23 from 30,692 kilometres in 2015-16, including 2,506 kilometres border roads.
The salaries of pilots and cabin crew has been revised effective April 1, 2023. The airline plans to hire over 4,200 trainee cabin crew and 900 pilots this year.
The oil company’s Eastern Trade arm pledged to work with the port authority to develop charging infrastructure to reduce emissions from vessels.
The national carrier may soon sport a new colour scheme, changed interiors, a new uniform for the cabin crew, and a female mascot to accompany the Maharaja.
Freight forwarders are pushing for enhanced data protection and confidentiality standards in digital trading and booking systems.
The Union Minister gave the nod to building Oil Jetty Number 9 to handle all kinds of liquid cargo at Kandla on a BOT basis under PPP Model.
Country’s overall gem and jewellery exports rose slightly by 2.48 per cent to cross ₹3,00,462 crores in 2022-23.
The Austrian logistics giant could fetch around USD 1 billion through the deal.
The drone tech startup aims to provide swift and efficient delivery of medicines at patients’ doorsteps while also cutting down on the delays caused due to traffic.
The Punjab Cabinet Minister stated that the Public Works Department (PWD) allotted the construction tenders, and civil works worth ₹46.91 crores had begun.
Y S Jagan Mohan Reddy, the state Chief Minister will lay the foundation for the greenfield port on April 19.
The two nations have agreed to boost combined efforts in renewable energy, ports, shipping, infrastructure, tourism, pharmaceuticals, food processing, and defence.
The state-owned airport operator searches for new places to deploy its workforce and secure a revenue stream as the government intends to privatise top 25 AAI-owned airports.
Union Minister Jyotiraditya M Scindia was speaking at the 8th National Leadership Conclave hosted by the All India Management Association (AIMA), New Delhi.
The move will help the group unlock value and utilise its retail business’s backend warehousing and related logistics assets.
The Dubai-based government-owned global port operator appointed Nath as the CCO to drive all logistics businesses in the Indian subcontinent.
The rail connectivity will carry freight and passengers and run between the two airports via Bijwasan, Gurugram, Garhi Harsaru – Sultanpur – Farukhnagar – Jhajjar.
The two ministers discussed the state of economy and commerce in the two countries, the existing investment scenarios and mutual topics of interest.
Four tunnels will be built between Rohtang and Ladakh. A route is being built from Kargil to Leh that joins the Zojila and Z-Morh tunnels.
The southern railway line reached an originating freight load of 46.7 million tonnes in 2022-23, the first in 15 years.
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.
The Minister spoke at an event hosted by the think tank, Icrier, where it was pointed out that NCAER in 2019 estimated the logistics cost at 8.8 per cent of GDP.
The proposed new highway between Gandhidham and Maliya is expected to shorten the travel time and distance.
India’s e-commerce logistics shipments and direct-to-consumer (D2C) brands witnessed growth in Tier 2 plus cities. The industry could log over 10 billion shipments by FY 2028.
After talks with Adani representatives, the state government decided to rename the Vizhinjam port as Vizhinjam International Seaport from the earlier Adani Port.
The rapid execution of doubling work has boosted cargo movement on multiple routes. 14,680 freight-carrying rakes were unloaded during the fiscal year 2023.
Cochin International Airport Ltd (CIAL) will receive the new cargo terminal as the construction nears completion and is expected to be inaugurated in September 2023.
Prime Minister Narendra Modi virtually flagged off the Vande Bharat Express from Jaipur to New Delhi via video conferencing.
The new centre will supply automation products like AC Drives, PLC, HMI, Servo Systems, and Temperature controllers designed by Fuji Electric Japan.
Chief Minister YS Jagan Mohan Reddy will lay the foundation stone for the upcoming airport in the Srikakulam district of Bhavanapadu village this month.
The ground handling company will meet Air India’s requirements and possibly other carriers’ demands.
Highways Ministry’s data shows around one-third of these projects are being constructed in Uttar Pradesh, Maharashtra, Karnataka, and Bihar.
This move will enable the Gujarat Infrastructure Development Board (GIDB) to jointly undertake infrastructure development projects through the PPP mode.
The newly appointed Chairman of Mormugao Port Authority (MPA), Dr N Vinod Kumar, shared the Port Authority’s aim to reduce its cargo operations’ impact on the environment.
The Central Board of Indirect Taxes and Customs issues the Certification to recognise business entities that comply with World Customs Organization’s SAFE Framework.
The cold supply chain marketplace raised Series A funding led by IvyCap Ventures; will focus on smart tech adoption to organise the sector.
Before his appointment, Maheshwari led Renewable Energy and Green Hydrogen Ecosystem Development for Reliance Industries.
The air express and ground logistics service provider commenced operations in October 2021 with ₹100 crores seed funding from IIFL and Smiti Holding and Trading.
Shyama Prasad Mookerjee Port transferred 15 per cent of cargo operations to private players and will curb its scope of operations to only maritime in the future.
Spread over 1.48 lakh square feet, the warehouse has 61 bays with dock levellers to manage around 200 trucks daily and a monthly throughput capacity of 150 thousand tonnes.
Brihanmumbai Custom Brokers Association highlighted the challenges with the non-payment of customs duty on the recently launched portal in their report.
The new 7.2-kilometres-long superhighway will be constructed on the existing four-lane Kona Expressway (NH117). Rail Vikas Nigam will complete the project in ₹720.6 crores.
The airport will pause all flight operations on the afternoon of May 2 to accommodate pre-monsoon repairs and maintenance work on its runways.
Global traffic scaled 89.7 per cent in February 2023 against February 2022, led by the Asia Pacific region.
The Union Minister made the announcement during CII’s International Conference on Advanced and Short-Haul Air Mobility for All (ASHA): Technologies for Ease of Transport.
The freight revenue logged on March 28th is the highest ever for the division, a 27.43 per cent rise over the total freight revenue logged during the financial year 2022.
Camille will join the Group’s executive committee chaired by Marie-Christine Lombard, the Chief Executive Officer of GEODIS.
The new highway will facilitate faster transportation of regional fruits and other produce from the Konkan area.
The air cargo veteran held leadership positions for the Swiss Air Cargo Division in Mumbai for nearly four decades.
Liladhar Pasoo’s warehousing arm became the preferred warehousing partner for top speciality chemical brands.
The Marketing and Finance professional with over two decades of experience managing P&L has been brought in to enhance business growth.
The FFFAI Chairman, Shankar Shinde, and MIFFA Chairman, Dr Aye Aye, signed the MOU in FFFAI’s Mumbai Headquarters.
The Vande Bharat Express train will run between Bhopal and Delhi to cover a 708 km distance in 7.45 hours.
Tata Advanced Systems will manufacture these doors in their new facility in Hyderabad. Each shipset will have one bulk cargo door and two cargo doors.
The UAE carrier is not concerned about competition from Indian carriers expanding aggressively to global destinations. It believes such competition will drive innovation.
The new Policy comes into effect on April 1, 2023, and has no end date. It will be updated as and when needed.
The Union Minister for Ports, Shipping and Waterways unveiled the app on Friday to give real-time updates to exporters, importers, and customs brokers.
APM is among the largest operators at Rotterdam Port and runs a kilometre-long quay in the city for serving the deep sea container ships.
The logistics software solutions provider hosted the event in New Delhi between March 27 and 29, 2023, led by Co-Founder and Director, Jasraj Chug.
Temporary parking and drop-off area are ready for operations. Bus, cab, and metro will be clubbed under one roof at the airport, leaving passengers’ commuting troubles unresolved.
Union Minister Sarbananda Sonowal said this development will boost regional development and strengthen eastern India’s trade across Bangladesh, Bhutan, India, and Nepal.
The Shipping Minister, Sarbananda Sonowal, announced the centre’s plans to operationalise the initial Green Tugs at all major ports by 2025.
The Union Minister will launch 31 highway projects worth ₹13,296 crores, including 21 in Ranchi, for an investment of ₹9,453 crores.
Union Minister Jyotiraditya Scindia inaugurated the flights and announced extending the runway to accommodate Airbus A320 and Boeing 737 aircraft.
The railway line connecting Kashmir Valley with the rest of the country is expected to be completed this year, ready to receive the Vande Bharat trains by next year.
The Senior Road, Transport, and Highways Ministry officials confirmed the government’s plan to bid out 6-7 multi-modal logistics parks in the financial year 2023-24.
The airline will operate two flights a day, four days every week; Tuesday, Thursday, Friday, and Sunday.
The transhipment cargo moved across the Bangladesh-India border at Benapole-Petrapole and reached Delhi International Airport to fly to Spain.
The Ministry of Civil Aviation (MoCA) encouraged the use of Sustainable Aviation Fuel (SAF) and other initiatives to reduce carbon emissions at airports.
The Tata Group-owned national carrier is upgrading its systems and planning to enhance its collaboration with international airlines.
The night navigation facility coming up at Kolkata dock and the ₹450 crores Balagarh Terminal are expected to boost the trade at Kolkata Port by 30 per cent.
The freight forwarders body has also nominated Kumar, Assistant Marketing Manager, for FIATA YLP-YIFFA 2023 from India.
Russian Railways Holding has shown keen interest in supporting Indian railway projects’ modernisation drive.
As air travel demand rose 54% year-on-year in February, the central government plans to revamp existing and build new greenfield airports by 2025.
The state government on Saturday launched the policy to boost infrastructure development, logistical cost reduction, and draw participation from the private sector.
The French-Japanese automotive alliance signed an agreement with Kamarajar Port to export cars made by Renault Nissan Automotive India in Chennai.
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 railway stations at Ajmer, Abu Road, Alwar, Asalpur, Balotra, Bandikui, Dausa, Chittorgarh, and Jobner, to receive the upgrade.
The state-owned ship-building facility bagged the order to construct world’s first zero-emission feeder container vessel from Rotterdam-based Samskip Group in a ₹550 crore deal.
Union Home Minister, Amit Shah, visited the city on Saturday to hand over the gazette notification permitting the airport to receive immigration and customs facilities.
The leading aviation advisory and research practice will host over 300 senior executives from the Indian aviation fraternity at Hyatt Regency, New Delhi.
The national transport company intends to increase its share of the total domestic cargo movement from around 27 per cent to 45 under its national rail plan.
The Middle East’s largest alternative asset holding company believes India’s manufacturing goals and the eCommerce demand will fuel the logistics industry.
The Association celebrated the occasion on March 8, 2023, at its Headquarters in Mumbai, with FFFAI Women’s Wing members attending in person and online.
The German warehousing and intralogistics giant opened its new facility in Maharashtra with an equipment and spare parts warehouse, workshop and training centre.
Haryana Chief Minister, Manohar Lal Khatter, announced on Sunday while addressing the audience at the Haryana Krishi Vikas Mela in Hisar.
Shazul was earlier Director, Fast Logistics, and handled several complex assignments for their Indian and global operations.
The Railways Minister attended the CII Partnership Summit 2023 and applauded the budget allocation of ₹2.40 lakh crores that will change the productivity of the Indian economy.
UAE’s Minister of Economy, Abdulla bin Touq Al Marri visited the Hind Terminals Logistics Park in Palwal, Haryana, to review the hub’s current operational scenario.
The terminal faced congestion due to berth closures at other ports and missed vessel schedules because of some events in China. The port authority plans to install a container scanner at the parking plaza to speed up the movement.
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.
Sunil Barthwal, Secretary, Department of Commerce, announced the plan to launch the new Foreign Trade Policy 2022-27 by March end.
CONCOR, Adani Ports, JSW Infrastructure among the ten entities to sign an EOI to build, run a container transhipment port at Galathea Bay in the Great Nicobar Island.
The drone tech startup aims to hire more drone pilots, designers, technicians, and operations heads by the year’s end.
India’s First RA-3 Certified an Off-Airport Facility Status Received by Continental Carriers for AFS
Continental Carriers Air Freight Station in Kapashera, New Delhi, becomes the first facility to be RA-3 certified, an off-airport common user facility by the European Union and the United Kingdom.
Gati extended its last-mile delivery partnership using EVs with IKEA in Bengaluru. It aims to fully convert its pickup and delivery fleet to EVs by 2025.
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.
The event held at the Taj, MG Road, Bengaluru, was attended by dignitaries from the customs, aviation, and logistics fraternity.
Chairman-Managing Director, CONCOR, Kalyana Rama, inaugurated the facility. It has a capacity of 4,416 pallets, equipped with the latest machinery and technology.
CONCOR’s wholly owned subsidiary, Fresh and Healthy Enterprises Limited (FHEL) launched Haryana’s largest modernised cold storage facility, over 30,860 square feet.
The Transport Services Sectional Committee, SSD 01, under the Bureau of Indian Standards, published the safety guidelines for dangerous goods transportation.
The two nations signed the MoU on forming the semiconductor supply chain and innovation partnership under the outline of the India-US Commercial Dialogue.
Transport Corporation India’s Safe Safar initiative to educate drivers across Delhi-NCR and pull them into the limelight is drawing crowds.
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.
Sutch served as CMA CGM Air Cargo’s Chief Commercial Officer based in Marseille. Before that, he worked with Cathay Pacific Airways for five years in Mumbai.
The airline partnered with the IT firm, CargoAi, to use the latter’s CargoGATE solution to launch its e-booking platform by mid-2023.
The Association announced last week that new incentives, investment programmes are needed to meet Sustainable Aviation Fuel production and usage targets.
Sumita Dawra, Special Secretary, Logistics Division, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, delivered the inaugural address.
The move aims to strengthen the company’s position in Contract Logistics and facilitate synergies with the express logistics division under Gati.
Air India, Air India Express, AirAsia India to fly all-women crew flights to celebrate Women’s Day and the 90th anniversary of Bharat Ratna JRD Tata’s first commercial flight.
The two-decades-old supply chain logistics providers announced on Thursday their plans to increase the female force to create a more diverse and balanced employee strength.
He stressed the need for an integrated process to accurately assess the demand for construction materials and skillsets needed for growth in the infrastructure sector.
Indian Ports Association recorded an 11.79 per cent year-on-year increase in cargo traffic to reach 65.45 million tonnes in February 2023.
JSW Infrastructure Limited will sign an MoU with the Andhra Pradesh state government to build and operate two cargo berths at the upcoming Ramayapatnam Port for 30 years.
Cochin International Airport Limited (CIAL) announced the latest addition to its summer schedule with 282 new flight operations per week.
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.
Tamil Nadu government will provide additional land to the Airports Authority of India (AAI) for building the proposed airport.
Rajiv Jalota, Chairman, Mumbai Port Authority (MbPA) and Indian Ports Association, has assumed additional charge of Director General of Shipping, succeeding Amitabh Kumar, IRS.
The Saudi Ports Authority (Mawani) announced that cargo operator MSC will add Jeddah Islamic Port to the East Africa – Red Sea and Red Sea shipping services route.
The trade industry, especially the automotive industry, is shifting from air to sea freight due to cheaper rates and improved sea reliability.
Adani Group is planning the upgradation of Lucknow’s Chaudhary Charan Singh International Airport (CCSIA). Phase I of the new terminal is expected to be ready by October 2023.
The Network Planning Group, formed under PM GatiShakti in October 2022, approved these big projects from different ministries.
Ministry of Road Transport and Highway (MoRTH) announced on Tuesday that the three-phased project has been awarded to GR Infraprojects Limited.
Gurugram-based industrial group has raised the amount from a Singaporean private equity fund and bid adieu to the existing financial associate, Morgan Stanley.
SOGEPP approached HAROPA PORT to increase river traffic to and from Gennevilliers. The goal is to develop this traffic between Normandy’s seaports and the Paris area.
Both released whitepaper addressing the uncertainty around the soon-to-be mandatory platform and push maritime industry to prioritise digitalisation to enhance efficiency.
Dr Pushpendra Pratap Singh, Country Head of the logistics giant, attended the Ms Ridz Dime Darrel Award Ceremony on February 17th in Mumbai as a Chief Guest.
The Union Minister for Housing and Urban Affairs and Minister for Petroleum and Natural Gas facilitated the duo at a ceremony this week.
The railway ministry is expediting the launch of hydrogen trains worth around ₹2,800 crores.
The Union Minister for Road Transport and Highways approved the construction of highways in Andhra Pradesh and West Bengal worth ₹1,292.65 crores.
In a bid to reduce France’s carbon footprint, the Elisabeth Borne government plans to expand and upgrade the country’s rail network.
The owner of Svelland Capital predicted that the industry could have a record year based on how things are moving in the shipping industry.
The port runs around the year and is working with IIT Madras to employ enterprise-level business software for digitising its operations.
The decision will assist the carrier in providing complete services to passengers of AirAsia India domestic to international flights of other airlines.
The cargo club is organising this year’s annual event at Bel-la-Monde, Rangpuri, Delhi.
Air India, AirAsia, Vistara, and IndiGo are contemplating making the Noida International Airport their transit hub for the Asia Pacific region.
This is expected to resolve the ultra-long-haul flights getting cancelled or delayed due to crew shortages.
The aircraft manufacturer had to stop deliveries of the 787-passenger jets after its supplier highlighted issues with a part near the airplane’s front.
One of India’s leading logistics companies, Bobba Group, opened the doors to its advanced tech micro-warehousing facility in Bengaluru on Friday.
RBB Ship Chartering Private Limited’s fully-owned subsidiary RSCPL (IFSC) Private Limited, becomes the first company to get a Ship leasing license in GIFT City.
The Cabinet Minister, Suresh Khanna, announced about the infrastructural development in his budget 2023-24 speech on Wednesday.
The agreement will facilitate seamless and advanced connectivity while offering commercial growth opportunities to the airlines of both the nations.
The land is next to Yamuna Expressway and will house the Central Industrial Security Force (CISF) who will look after the security of the upcoming international airport.
DGCA has directed all aircraft operators to set up Standard Operating Procedures (SOP) including a ‘no destination alternate’ to ensure safety of their commercial flights.
The country exported merchandise and services worth USD 641.24 billion in the current fiscal till January, while the imports stood at USD 753.19 Billion in the same period.
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.
The move comes while EV Cargo has been on an acquisition spree lately, securing a 60 per cent shareholding of Allport Netherlands and Fast Forward Freight last year.
This was a 9.2 per cent jump from December 2022 and pushed the share of Russian crude to 28 per cent from earlier 0.2 per cent of Indian oil imports.
CM Shivraj Singh Chouhan announced that the expressway will run from Bhopal to Singrauli via Damoh, Katni, Rewa, and Sidhi.
The Japanese cargo drone and flying car maker, SkyDrive, is approaching potential partners for entering the Indian drone logistics market.
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.
Over the next two years, several domestic carriers, including Indigo, are planning to order 1,000 – 1,200 aircraft.
The Syama Prasad Mookerjee Port handled 54.254 million tons of cargo in the first three quarters of FY 2023, a jump of 14.75 per cent over last year.
The Network Planning Group (NPG) under PM’s Gati Shakti has given the green signal to three projects to double the lines between Maharashtra’s Aurangabad and Ankai.
The fastest-growing packaging enterprise, Ardour Group, has entered flexible packaging. This packaging type uses non-rigid materials for better economical and customisable options.
Scoot will become Singapore’s first carrier to operate this 112-seater aircraft. The move will drive growth and enhance their network connectivity.
Around 150 senior representatives from the logistics industry are expected to grace the occasion with their presence. The event will be held at the Taj, MG Road, Bengaluru.
The Tacoma-based stevedoring company joined the global association of cargo handling service providers as a new corporate member earlier this month.
The two companies entered a partnership on February 15th, 2023, to develop innovative drone solutions for several industries.
Mr. Marine is known for marine elevators, gas detection, and ballast water treatment markets.
The joint venture between Tata Group and Singapore Airlines recognised the freight forwarder’s contribution to its domestic carrier, Vistara’s annual cargo movement.
The DCSA members will convert 50 per cent of the original bills of lading to digital within the next five years to save costs.
The Asian carrier will deploy iCargo as the new software to manage its cargo handling operations.
International and domestic shipments rose by 14 per cent. Domestic shipments of roses rose 31 per cent year-on-year to 178 tons, or 6.6 million rose stems.
The move is backed by Indian Oil’s take-or-pay deal to build the facility in Andhra Pradesh’s port. The port’s five lakh capacity will be underwritten by the oil major.
The Southeast Asian nation plans to increase the number of its civil airports from 22 to 20 to promote tourism and international trade.
The American aerospace giant plans to stock spare parts for speedier delivery to its customers in the country, including commercial and defence aircraft.
The senior executive joins the global air charter specialist from Inflite The Jet Centre, with whom he was posted at London Stansted Airport.
The airline has struck deals with the two airplane manufacturers in historic agreements worth USD 80 billion.
Last year, Union and Civil Aviation Minister Jyotiraditya Scindia appealed to eight states to reduce the VAT to allow proper recovery of the travel sector post-pandemic.
The state government’s new warehousing and logistics policy is set to encourage the private sector to transform the supply chain scenario in the area.
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 move comes as part of the agreement between Kerala government and Adani Ports to build the breakwater facility at the Thiruvananthapuram port.
Yamuna International Airport Private Limited (Noida Airport Operator) has selected the airport services company to design, build, finance, and operate the cargo hub in Jewar, Uttar Pradesh.
This is the third non-stop route for the national carrier between Mumbai and USA. The other two routes are Newark (EWR) and San Francisco (SFO).
The FFFAI Chairman was unanimously elected as the Chair of the International Federation of Customs Brokers Associations (IFCBA) in the AGM held on February 8th.
The Software provider has signed separate agreements with the GSSA, Airnautic, and the GSA, A.D. Aviation, to integrate its ERP platform with their existing software.
The integrated temperature-controlled logistics provider opened its first advanced A-Grade dry warehouse in Shoolagiri, Tamil Nadu, for storing, distributing hazardous chemicals.
Ministry of Railways is constructing Eastern and Western Dedicated Freight Corridors (DFCs) and has spent ₹92,957 crores till December 2022 on the project.
Agricultural and processed food products exports rise by 13 per cent to USD 19.7 billion and processed fruits and vegetables by 30.36 per cent to USD 1472 million by December 2022.
The Indian IT Logistics company powered the cargo management system for the newly launched airport in Goa to support sustainable operations.
Gati recorded the highest-ever quarterly revenue of ₹379 crores in Q3 FY23. Their Express business clocked ₹1,114 crores till December 2022, growing by 20.7 per cent against FY22.
Indian refiners’ intense negotiations managed to import the fuel at discounted rates, thus making Russia the top supplier of crude oil for the fourth month.
The shipping giant joins the list of shipping lines scrapping and selling off old vessels for recycling to correct the losses suffered during the pandemic.
India’s lack of infrastructure is expected to be corrected with an investment of ₹1,00,000 – ₹1,25,000 crores under the Maritima India Vision (MIV) 2030.
Samsung and Xiaomi enjoy a 23 per cent and 21 per cent market share, respectively, as the uber-premium smartphone segment witnesses over a 95 per cent hike year-on-year.
On Monday, Sarbananda Sonowal met with Qatar Transport Minister Jassim Saif Ahmed Al-Sulaiti in New Delhi to strengthen the port interaction and bilateral maritime cooperation.
The two companies have signed an agreement to dredge the stretch in the region, covering the areas of Brahmaputra, Barak, Dhansiri, and Kopili rivers.
Surat (STV), Bagdogra (IXB), and Bhubaneswar (BBI) to be served by Air Asia India. The move comes after Air Asia India was fully subsidiarised in November 2022.
The project that shall resolve many of the city’s traffic woes is 83per cent complete.
The eastern railway zone crossed 200.4 million tons, thus achieving its target for the current fiscal in less than a year.
AAI and other airport operators have major plans to build new airports and expand the existing ones by 2025.
The hub witnessed a jump in passenger traffic and cargo volumes in CY 2022 due to resumed airline operations worldwide.
Ministry of Ayush and the Ministry of Skill Development and Entrepreneurship have adopted the Master Plan.
KSH Logistics’ Operations Head, Deepak Tiwari, opens up on the recent budget and what it holds for the industry.
The government is expected to replace Foreign Trade Policy (FTP) with a vision statement on foreign trade, focusing on trade-oriented long-term goals.
‘Bright Star’ Budget 2023 Opinion by Debajyoti Bagchi, Vice President, Trucking & Air Cargo Charters
The current budget puts India on the path to sustainable economic development through investments in infrastructure, AI, women empowerment, and digitisation.
The two companies have signed a contract to develop and maintain a fairway on national waterways in the North East at an estimated cost of ₹204.50 crore.
The terminal operator to build, operate, and maintain the terminal at Tuna-Tekra via a public-private partnership on a Build-Operate-Transfer (BOT) model.
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.
According to the Union Ministry of Civil Aviation, the sector lost more than Rs 12,479 crores in FY 2020–21, and Rs 11,658 crores in FY 2021–22.
Ashok Leyland’s anticipated ₹2,000-cr investment under PLI will include some manufacturing of electric and hydrogen technology.
As per the Survey, total budgetary assistance for investments in the industry has been rising quickly over the last four years and was approximately 1.4 lakh crores for FY23.
The new benchmarking tool takes just seven minutes to provide firms with specific information and suggestions on the level of last-mile operations maturity.
See what leaders of the logistics industry are saying about the 2023 Union Budget Revealed by the Finance Minister Nirmala Sitaraman on Feb 1, 2023.
Turkish Cargo is now available on CargoAi’s marketplace solution (CargoMART) for users in four countries.
Finance Minister Nirmala Sitharaman presented the last full budget of the second term of the Modi government on Tuesday. She focused on 7 key areas while also mentioning significant growth areas for the automobile, road transportation, and energy sector.
Finance Minister Nirmala Sitharaman mentioned seven major sectors that the union budget focuses on. And, one of these was infrastructure and logistics.
Adani Group recently took over one of Israel’s biggest commercial ports i.e., the Haifa Port, responsible for handling half of the country’s container cargo.
One of the biggest integrated logistics companies, Maersk recently entered into a strategic partnership with berlin-based Cozero to improve the emission visibility for international e-commerce.
One of the leading providers of logistics data management, Enveyo was chosen by GEODIS to back their Logistics Analytics, Visibility, and Freight Audit.
A new distribution business line, soon to be added by AD Logistics that would be exclusively handling Healthcare products.
Saudi Logistics Services, commonly known as SAL, and Bangalore-based Menzies Aviation recently signed an MOU at the Saudi Airport to deliver best-in-all services.
Succeeding Anne Marie van Hemert, Royal Schiphol Group recently announced Joost van Doesburg as their new head of cargo.
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
In presence of several dignitaries, ITC’s state-of-the-art Integrated Food Manufacturing and Logistics Facility was inaugurated in Medak, Telangana
Canadian Pension Plan Investment Board has invested a whooping $205 Million towards the development of the logistics parks by India’s leading logistics operator IndoSpace.
India exported engineering goods of $111.63 billion in FY22, an increase of 45.51per cent year over year.
Two contracts have been negotiated between the new Indian airline and AFI KLM E&M through its wholly-owned subsidiary EPCOR.
With more than 150 staff members from its corporate headquarters and branch offices, Tiger Logistics, a top provider of global logistics solutions, hosted their Vision Fest 2023.
The logistics cost for air cargo will be reduced by approximately 10–14 per cent due to the road connectivity from Kolkata.
The Greenfield Logistics Park will be a world-class warehousing facility comprising a general warehouse, a bonded warehouse, a consolidation centre, cold storage facility, and office space.
The PMEGP scheme will generate approximately 26000 new job opportunities through the distribution of margin money grant amounts.
Through collaborations, the group will close the knowledge gap between the start-up ecosystems of G20 member countries and emerging economies.
Nitin Gadkari talks with a Japanese delegation about sustainable infrastructure development to reinforce their ongoing relationship.
New India-US service added by Hapag-Lloyd and CMA CGM via Jeddah.
In order to extend and expedite delivery throughout one of its key markets, Amazon.com launches Amazon Air, a dedicated air freight service, in India.
Nitin Gadkari is presiding over the Group of Infrastructure Committee’s 10th meeting to review ongoing inter-ministerial issues relating to the execution of key infrastructure projects.
In the presence of Shantanu Thakur, MoS, MoPSW, Shripad Naik, MoS, MoPSW, and other senior dignitaries, the Minister inaugurated Oil Jetty No. 7 at Deendayal Port, Kandla.
Piyush Goyal was speaking at the fourth plenary session of the B20 India Inception Meeting on Building Resilient Global Value Chains in Gandhinagar on January 23, 2023.
In Nagpur and Guwahati, Gati, one of India’s top suppliers of express logistics and supply chain solutions, has opened state-of-the-art and technologically advanced STCs.
The Federation of Freight Forwarders Association (FFFAI) held a webinar on January 18, 2023, to discuss significant developments on new routes from India to CIS nations.
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.
To increase its presence in European Union nations, the US, and Australia, the maker of wires and cables, Polycab India, plans to export 2,000 billion by FY26.
The first electronic Bill of Lading (eB/L) transaction using CargoDocs was recently completed by Tata Steel for exports to Turkey.
Continental carriers were honoured for the second year in a row at ASSOCHAM’s 14th International Aviation Conference and Awards, held on January 18, 2023, in New Delhi.
Section 54 of the Act envisages the constitution of an adjudicatory board, which is to perform the functions stipulated under Section 58 of the said Act.
The Indian Ports Association (IPA) and the Research and Information System for Developing Countries (RIS) signed a Memorandum of Understanding to establish a Centre for Maritime Economy and Connectivity.
On January 19, 2023, the Ministry of Ports, Shipping, and Waterways, GoI, in collaboration with India Ports Global, held a workshop in Mumbai on “Linking Chabahar Port with INSTC.”
500 new Vande Bharat trains, hydrogen-powered trains, and modernised rolling stock are among the things that would be covered for railways in the union budget.
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 Department of Financial Services (DFS), Ministry of Finance, organised a half-day symposium on cyber security titled Financial Services Cyber Security (FINSCY) on January 18, 2023.
The simplification of Composition Fee calculations aids in automation and faster service delivery by making the process more efficient and understandable.
DPIIT marks India’s presence at WEF through three lounges with a focus on an investment opportunity, sustainability and inclusive approach to complement economic growth.
With suggestions for last-mile connection and obtaining the optimal multimodal logistics share, NPG examines three projects and urges their implementation.
India’s ongoing negotiations for a proposed comprehensive FTA with the UK and the EU are on track, and the next round of talks with both regions will take place soon.
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 investigation into cases of under-invoicing of Chinese commodities imported into the country has begun, and customs officials have revised the risk-assessment process.
From April to December, imports from Russia increased five times to $32.9 billion, making it the fourth-largest trading partner.
In line with the development of next-generation manufacturing hubs, Scotland has given “Green Freeport” status to two of its ports.
As the government focuses on economic growth and job creation this year, it may consider expanding the designated industrial space provided for the MSME sector, which accounts for roughly 30 per cent of India’s GDP.
In the Series-A round of funding, ESP Logistics technology raised $5 million, with Japan Post Group as their lead investor.
A fund anchored by Temasek and logistics giant Kuehne & Nagel, Reefknot Investments, led a Series-A funding round that saw the logistics management business Locad raise $11 million.
In order to improve customer satisfaction and provide better supply chain solutions, the Good Glamm Group recently extended its partnership with Delhivery.
The Lightning Support Team, commonly abbreviated as LST, has set sky-high goals to be nailed, in order to provide for its customer base in the best and fastest way possible.
Leading technology logistics provider, Guardforce AI secures two long-term contracts for providing state-of-the-art Secured Logistics Services.
Logistics Start-up Porter recently announced that they would be expanding their offerings in terms of insurance and vehicle loans to truck and LCV drivers.
Sarbananda Sonowal and Dr. Manik Saha recently inaugurated India’s first-ever School of Logistics, Waterways and Communication, in Agartala.
World’s most broadly accepted cloud platform, AWS join hand with SAP to accelerate demand and bring in new-age digital transformation for the customers.
With increasing logistics costs, industrialists in Madhya Pradesh have started demanding freight subsidies.
In an official release, the Kolkata port announced that Eol of Rs. 17000cr is to be floated for India’s first mega container transhipment port in Nicobar Islands.
India’s leading logistics company, Allcargo, recently announced the acquisition of a 75 per cent stake in Fir Trade GmbH.
At the roundtable hosted by USIBC, Commerce Minister Piyush Goyal recently talked about the deepening trade engagement between India and the USA.
Swarup Bose, founder, and CEO, Celcius Logistics, India’s first cold chain marketplace player, talks about his expectations from the Union Budget 2023.
12 new weekly flights from London Gatwick have been announced by India’s leading airline and a Star Alliance member, Air India.
Present Hon General Secretary ACAAI, Samir J. Shah has been elected as the Vice–Chairman of the Customs Affairs Institute – FIATA.
Cold storage and warehousing company, FlexCold’s subsidiary is all set to establish warehousing facilities worth $50 Million near Port Charleston.
Astral-Aviation.com recently struck a strategic partnership with Air Logistics Group in order to materialise their vision of expansion into Europe and USA.
In line with the company’s vision of growth and expansion, leading logistics company, MD 3PL rebranded as IronLink Logistics.
Qatar Airways Cargo becomes the first ground handling company and second airline in the world to get CEIV-Li-Batt certification.
AAL transports 20,000 FRT of iron ore reclaimer on a single linear sailing for NMT in Australia.
Stellar Value Chain Solutions will invest approximately INR 200 crores to build seven million sq. ft. of state-of-the-art D2C fulfillment space in six cities by 2026.
Raymond West, a leading global provider of intralogistics solutions, acquires a major stake in Performance Plus Installations.
Coyne Airways is listing available freighter capacity with the online marketplace Airblox for air charter customers and freight forwarders to purchase and trade.
The Indo-Aus ECTA, signed on April 2, 2022, recently came into force after thorough ratification and exchange of written instruments.
The UK Government’s export credit agency, UK Export Finance, recently welcomed their new CEO, UKEF’s former Director of Business Group, Tim Reid.
The Saudi Post Authority, commonly referred to as Mawani, recently reported a 13per cent increase in their annual freight tons for the year 2022.
One of the biggest global end-to-end B2B e-commerce solutions providers, GigaCloud Technology recently appointed its new General Counsel and Vice President of logistics.
In line with Ascend LLC’s efforts toward augmenting customer service, they recently announced the acquisition of a Georgia-based terminal, McDonough.
MegaCorp Logistics, one of the fastest-growing logistics companies, recently partnered with RingCentral to provide seamless support and flexible customer service communication.
Saudi Ports Authority, commonly referred to as Mawani, nodded goodbye to the previous year with a host of remarkable achievements to its name.
Goa becomes the 7th airport for Celebi India’s active Ground handling services.
Harbor Logistics, LLC, one of Nova’s existing portfolio companies, recently acquired Charleston-based ATS.
New Shipping Service to Connect Jubail Commercial Port to 11 Global Ports of the India-East Med Route.
Mirae Asset Credit Opportunities Fund, a category II AIF has made its maiden acquisition of a logistics facility spread over 10-acre land in Bhiwandi near Mumbai.
Insurtech MGA Loadsure has recently received capacity backing from Tokio Marine Kiln (TMK) to improve and increase its data-driven freight offerings.
Vincent Clerc will be the new chief executive officer (CEO) of the Danish shipping company A. P. Møller – Mærsk A/S, replacing Soren Skou who will step down after almost seven years.
The appointments committee of the cabinet recently gave a green flag to the appointment of Anil Kumar Lahoti as the Chairman and CEO of the Railway Board.
Following the launch of their subsidiary in India the previous year, Karthi Baskar has been appointed the managing director of FFAF.
Withdrawal of permission to accept palletised air cargo leads to 100 tonnes of export cargo being withheld at the Chennai Airport.
Following the accelerated pace of business activities, ICRA expects a 13 per cent growth in road logistics in India for the upcoming year.
Prime Minister Narendra Modi’s vision for 2023 is to have mobile phone exports worth Rs 1 lakh crore to spur the growth of the sector.
Fearing supply chain disruptions due to China’s COVID crisis, consumer durable makers in India have stocked up inventories to prevent slack in meeting the demands.
Indian Railways’ freight loading exceeded last year’s loading and earnings by 16 per cent, thus generating Rs. 120,478 against the previous, i.e., Rs. 104,040.
One of the largest and most premier providers of transportation and logistics, Schneider, recently completed the transition of its western railway operations to the Union Pacific Railroad.
Recently, the Finance Ministry agreed on the disbursement of Rs. 4,000 crores to the states for the infrastructural projects aligned with the PM Gati Shakti Scheme.
The global logistics leader, A.P. Moller-Maersk, recently completed the acquisition of the project logistics expert, Martin Bencher Group.
The 62.65 km long, New electrified broad gauge DFCCIL double rail line, running between New Karchana and New Sujatpur is finally completed.
Initially developed only for the key government stakeholder, the PM Gati Shakti Portal, now, may soon be open to the private companies.
The federal budget for fiscal 2023 included increased funding of $1.7 trillion for the Department of Transportation (DOT), which is over and above the allocation requested by the White House.
The world’s largest industrial real estate investment trust, Lineage Logistics raised $700 million to fund investment, from its existing strategic partners.
Tata Steel and deep-tech startup TuTr recently signed a Memorandum of Agreement (MoA) to develop Hyperloop Transportation Technology.
Recently, one of India’s leading BPM solutions providers, One Point One Solutions ventured into the logistics domain by signing Porter as their new client.
In line with DFDS’s vision of expansion, it recently signed a £140 million agreement to acquire 100% of McBurney Transport Group.
2022 has been a rollercoaster of experiences. While many gave up to the odds, others, like the quick commerce companies, made lemonade out of the lemons thrown at them.
The Saudi Ports Authority recently signed a contract to build a state-of-the-art logistics park at the Dammam Port.
The Asian Development Bank recently approved a massive loan of $250 million to strengthen logistics and accelerate growth.
One of the fastest-growing transportation and logistics service providers, United Vision Logistics, commonly known as UVL, has been acquired by Bluestem Equity.
One of India’s leading cement manufacturers, JK Lakshmi Cement, ties up with GreenLine Logistics to bring forth India’s first LNG fleet.
The Chattanooga freight alley, a concentrated hub of transportation and logistics companies, recently welcomed another leading logistics company, Veritas Logistics.
B D Dhalla, a leading Indian transportation company, recently deployed AI-powered technology designed by Netradyne to improve driver and fleet safety.
In sync with its growth plans for 2023, Automated Logistics Systems (ALS) plans to aggressively expand its GR office as well as its employee strength.
OOCL, a global warehousing, and supply chain provider, has recently signed leases with Cainiao P.A.T. Logistics Park to support its warehousing diversification strategy.
In a recent tryst, NTPC and Tecnimont shook hands to sign an MoU for jointly exploring the possibility of green methanol production in India.
The sixth round of discussion on the FTA between India and the UK concluded recently, with the seventh round planned for January.
The mega infrastructural project taken up by the Indian Railways, i.e., establishing Dedicated Freight Corridors, is all set to boost e-commerce and the MSME market.
The logistics park owned by KSH Logistics Infra Industrial Park has been recently acquired by Mapletree Investment for about Rs. 320 crores ($38.7 million).
The Sittwe Port project started in 2009 as a part of the KMTT nears its completion and would be open soon for facilitating direct trade between India and Myanmar.
According to NHAI sources, with the drawings approved by the Indian Railways, the work for the Port- Maduravoyal project is all set to start in the next 3 months in Chennai.
Signing a five-year contract with Maruti Suzuki, Kamarajar adds to the list of ports contracted for exporting Maruti Suzuki cars.
The Indian Railways has issued a letter of Award to Siemens, India for the seamless manufacturing and maintenance of 9000 HP Electric Freight Locomotives.
The new Warehousing and Logistics Policy, which seeks to expedite land allotments, implement incentive programs, and jump-start the construction of logistics enclaves, received approval from the UP Cabinet on Thursday.
GEODIS, a leading global logistics provider, has established in Bangalore its sixth strategic control tower for its Supply Chain Optimization Line of Business, which specialises in supply chain management and advisory.
Celebi WhatsApp Connect was introduced by Celebi Delhi Cargo at Indira Gandhi International Airport, New Delhi, on December 22, 2022, and intended for real-time cargo tracking of international cargo.
With COVID fears resurfacing and the recession hitting hard all across the globe, the key is to keep sailing through with the help of technological integrations and automation, says Varun Gada, Director, LP Logiscience LLP.
Both Sri Lanka and Russia are in talks to use the rupee for their international trade soon after the government announced its intention to promote the Indian rupee trade settlement mechanism.
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.
The largest airport operator in India, the Adani Group, recently rolled out its all-in-one in-house consumer app, Adani One, for its airport vertical.
Lodha Green Digital Infrastructure acquired 8 acres of land in Mumbai for warehouse expansion and setting up around 4 lakh sq. ft. Grade-A multi-tenanted in-city fulfilment centre.
The logistics giant Delhivery is prepping up to acquire Pune-based tech firm Algorythm for Rs. 14.9 crores for enhancing their integrated supply chain solutions.
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.
Alongside the ongoing work in Chennai, the NHLM recently hinted towards investing in three more state-of-the-art logistics parks in the coming year.
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.
1Pay, a fintech startup, recently launched the first-of-its-kind multi-purpose virtual prepaid card for fleet management, with the goal of streamlining operations via a unified platform.
In the ninth edition of the SCALE Awards 2022, organised by the CII Institute in Mumbai, leading logistics service provider ProConnect bags the award for overall excellence in logistics and supply chain management.
The recently held conference, “Reconnecting with Resilience,” organised by the IFCBA, has been well-appreciated for its successful execution by the FFFAI.
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.
As per government directions, twenty-five airports lying under the Airport Authority of India are expected to be leased out in public interest in the next three years, i.e., 2022-2025.
The Paradip Port, located in the Jagatsinghpur district of Orissa, recently celebrated the momentous achievement of handling 6,49,730 metric tonnes of cargo traffic in a single day.
Aiming to expand its business vertical, Jet Freight plans to create employment by inducting 100 skilled logistics professionals for operations, sales, and pricing profiles.
India’s largest supply chain and logistics company, Safexpress, recently launched its 74th state-of-the-art Logistics Park near Mappedu in the Thiruvallur district of Chennai, Tamil Nadu.
The Danish shipping company, Maersk, signs its ninth green methanol deal globally, this time with US-based Sungas Renewables.
The India Infrastructure Finance Company Limited (IIFCL) recently approved loans totaling Rs. 8,244 crore with the goal of increasing port capacity by 836 million tonnes per annum (MTPA).
The honorable Prime Minister, Narendra Modi, attended the Golden Jubilee event organised by NEC, commemorating 50 years of their journey since 1972.
Nitin Gadkari, Union Minister for Road Transport and Highways, recently laid the foundation for eight National Highway Projects that would strengthen India’s road network.
Change is the only constant but what matters is the foundation laid. And that’s what called for a celebration as CBIC commemorated 60 years of the Customs Act, 1962.
Reports suggest that warehousing and logistic supplies are expected to show exponential growth in the years to come, crossing 700 million square feet by 2030.
Hoping to utilize the A321 narrow-body fleet to tackle modern-day supply chain issues, Indigo is seeking DGCA approval to operate Boeing 777 on a wet lease.
Moment of joy for the students of the Gati Shakti University as they prepare to welcome Railway Minister, Ashwini Vaishnaw, as the first-ever chancellor.
Good news drops in from the Deendayal Port Authority as they confirm the Kandla’s Liquid Jetty No. 7 is in its final stage.
Dachser is all set to pave the way to its future growth in the Air & Sea Logistics (ASL).
After a really long wait, Congo Republic and the Democratic Republic of Congo rejoice as they prepare themselves to welcome the newer avenues after being connected to the world.
Sudan on Tuesday signed a preliminary agreement with a group led by the UAE’s AD Ports Group and Invictus Investment to build and operate the Abu Amama port and economic zone.
Smartr has been known to conquer the markets with its pan-India air express service for the past 12 years.
Khalifa Port has grown from 2.43 square kilometres to 8.63 square kilometres, while its quay wall has been significantly extended from 2.3 kilometres to 12.5 kilometers.
FIEO has signed an agreement with Shiprocket, an e-commerce enablement platform, to assist MSME exporters in India in showcasing their products on the IBP.
As it strives for post-pandemic growth and replaces older, less efficient aircraft, United Airlines (UAL.O) announced that it is acquiring 100 Boeing (BA.N) 787 Dreamliners and 100 737 MAXs.
Flipkart’s service arm, Jeeves, was recognised as India’s Most Trusted Consumer Durables Service and Solution Provider 2022 for the second year in a row.
The 9th airport for Celebi India will open in early 2023, with an investment of close to $8 million.
The role of lean warehouse management becomes increasingly relevant with the growth of the global supply chain, warehouses are constantly under pressure for better, faster, and more efficient performance. So, given below is an insight into this new concept, and why it is an extremely important subject for the warehousing industry.
In an effort to cut weight on flights and CO2 emissions, Lufthansa Cargo will start utilising lightweight nets to secure cargo pallets in January.
Vincent Clerc will take over as CEO of the Danish shipping company A. P. Moller-Maersk A/S, succeeding Soren Skou, who will step down after nearly seven years in the position.
Before the sixth round of formal negotiations, UK Trade Secretary Kemi Badenoch will address both teams of senior negotiators.
The postal authorities will set up, operate, and maintain the PBE (Postal Bill of Export) Automated System for electronic declaration filing for goods exported via post.
Warehouse automation, if used effectively, results in the best cost savings, higher productivity levels, and a decrease in theft and pilferage.
The Mopa airport is built on the theme of sustainable infrastructure at a cost of approximately Rs 2,870 crores.
According to official data, the aviation regulator DGCA issued 1,081 commercial pilot licences in 2022, the most for any year in the last decade.
During a recent review meeting, the finance ministry asked stakeholders to look into expanding bilateral trade through SVRAs and internationalising indigenous payment modes.
By acquiring Tata’s fleet of 218 aircraft, Air India becomes the nation’s largest international carrier and the second-largest domestic carrier.
Senior representatives from India and the UK will begin the sixth round of negotiations for a planned free trade agreement (FTA) on Monday, an official announced.
For the construction of a MMLP in Bengaluru, Reliance Industries (RIL) and Prakash Asphalting & Toll Highways (PATH India) submitted bids totalling roughly Rs 1,800 crore.
The ADB loan will fund the program’s first sub-program, strengthening and modernising the multimodal and integrated logistics ecosystem.
ITA Airways Cargo, in collaboration with Air Logistics Group, announced the launch of direct flights from New Delhi to Rome Fiumicino on December 4, 2022.
V-Trans (India), a provider of single-window logistics solutions, announces six new branches in East India with deeper penetration in business verticals.
From December 15, the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme will be extended to Chemicals, Pharmaceuticals, and Iron & Steel Articles.
As part of the nationwide celebrations, the Ministry of Finance’s Central Board of Indirect Taxes and Customs (CBIC) hosted an event at Mumbai’s New Custom House.
Kale and Dagang NeXchange are to pilot a first-of-its-kind digital platform to connect airport stakeholders at Kuala Lumpur International Airport, Malaysia.
Delivery Linked Checkout (DLC), a first-of-its-kind integrated capability, enables retail businesses to achieve profitability in their last-mile logistics.
Short-range aircraft, turbojets, and helicopter imports that are not strictly necessary have been restricted, according to the Ministry of Civil Aviation of India.
New Delhi has also intensified its scrutiny of Chinese companies operating in India.
The Kerala government has said it is committed to the project, which supporters say will create jobs in the region.
The GCT terminals will enhance CMA CGM’s capabilities, which already include 24 shipping lines and a fleet of nine ships under the American President Lines (APL) Lines flag.
FICCI-CMSME organised the annual MSME Summit 2022 with the theme “Pushing Sustainable MSME Growth in India,” on December 5, 2022, in New Delhi.
According to the average estimate from five traders with trading companies, India imported 1.14 million tonnes of palm oil last month.
The Airbus Beluga, known for its ability to transport oversized air cargo, landed at Hyderabad airport.
What3words is a mapping technology start-up that develops a proprietary geocoding system for logistics companies.
The future of Hisar as a major business hub seems bright with the construction and planning of several manufacturing units.
Importers-Exporters rejoice as the ECTA is coming to them as a new year gift.
In spite of being promised such a huge investment, the Chamber feels that government should bear the entire cost of the project in question.
With the shaping of seamless payment mechanism between both the countries, it is highly likely for trade to go up as well.
The privatisation under NMP is supposed to boost up revenue of these airports.
FFFAI completes its 60 years and commemorates the occasion by thanking everyone while looking at a brighter future.
The fast-paced startup is all buckled up to deliver small quantities of various perishable at your doorstep.
ACFI is excited to launch its newest chapter which would open a room for discussion & implementation of best practices for the industry.
Blue Dart’s tech upgrade would be no less than a game changer in the industry which would help its customers to have smooth experience.
Northeast is graced with a latest air route to increase its connectivity.
There is no looking back for JFLL as the company plans to expand its wings to other countries as well.
The merger is expected to complete by 2024 and might challenge Indian domestic leader IndiGo.
RITES is focused in continuing its exploration of overseas market for its rolling stock.
The MoU is drafted around strong collaboration between both the parties which is expected to pave high growth in the future.
Blackstone buys a whopping area of 2.5 mn sq ft warehousing space near Delhi.
Local fishermen continue their protest to save their livelihood by halting construction of the upcoming port.
The new logistics cost index would give out comprehensive data to make the sector more efficient and growth-oriented.
Boeing sees a bright and busy future for the air cargo industry with the doubling of traffic and freighter fleet.
Aligarh to get over its ‘only glass exporter’ image soon as the city prepares itself for bigger things.
AD Ports Group which is known to be operating industrial cities & free zones in Abu Dhabi has joined hands with China Harbour Engineering Company to develop world-class infra for CMA Terminals Khalifa Port.
Pratigya Express’ launched by A.P. Moller-Maersk to connect NCR & Pipavav. The weekly cargo rail service is all set to connect NCR to APM Terminals Pipapav Port (Gujarat).
The Minister announced the project to boost tourism activities and inter-state connectivity.
Nitin Gadkari Approves 4-Laning of Bhiwani-Hansi Road Section of NH-148B Under Bharatmala Pariyojana
The Minister gave a big thumbs up to the project which is all set to benefit Haryana.
The IICS Exhibition is all about the people from logistics & cargo fraternity to come under one roof and explore new horizons.
The FTA is much needed to expand & diversify trade between both the countries which would impact living standard of a lot of people.
The much anticipated air cargo convention is already live at Marriott Marquis Queens Park, Bangkok.
APM Terminals recently announced the top management changes.
Indian exporters rejoice as the pact might bring them a steep rise in demand, the pact might get finalised in Jan 2023.
Airlines & regulators are considering having just one pilot in the cockpit and not two. However, this change could be overwhelming for some.
JSW rejoices as the government of India scraps export tax on steel, which might help the industry to compete globally.
Depreciation of the rupee & increasing cost of raw materials may hamper the effects of export duty removal.
The new logistics policy is a big step towards focussing on integration, modernisation and standardisation of the logistics industry.
Maersk has joined hands with LF Logistics to strengthen its business in India.
Located in Hollongi, the Donyi Polo Airport is all set to boost connectivity, trade & tourism in Arunachal Pradesh.
Ministry of Ports to bear 50% of the costs of deepening the draft at the port.
Only 15,77,694 two-wheelers were sold domestically in October, while exports stood at 2,87,319 units.
India is currently in FTA talks with the UK, the European Union, Canada, and Israel.
Indigo launched its very first A321 freighter aircraft from Delhi to Mumbai on the 15th of November.
The export tax on jet fuel or ATF stands unaltered at ₹5/litre. The last review was conducted on November 1.
As per Doha scientists, harmful bacteria have been found in shipments.
The new player is ambitious to deliver better than anyone else, especially between Indian & Gulf Markets.
V-Trans (India) has opened eight new branches in Varanasi, Sitapur, Noida, Secunderabad (UP), Delhi, Gurgaon, Ajmer, and Ratangarh.
As per sources, large Indian banks are hesitant to process direct rupee trade transactions with Russia, months after the mechanism was put in place, for fear of becoming the target of US and European sanctions.
As many as 13 firms, including MapMyIndia, CargoExchange, Freight Fox, Conmove, Intugine, Eikonatech, Yes Bank, Superprocure, CargoShakti, CloudStrats, Shyplite, APSEZL, and AITWA, have signed a non-disclosure agreement with the government to access data from the Unified Logistics Interface Platform (ULIP), as per the commerce and industry ministry.
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Prime Minister’s Development Initiative for the North East Region (PM-DevINE), a Rs. 6,600 crore scheme to support infrastructure, industries, and other livelihood projects in the Northeastern states.
The next annual budget will have to be carefully structured to maintain the country’s growth momentum, according to Finance Minister Nirmala Sitharaman, who also mentioned that it will address inflation concerns.
The Steel Authority of India Limited (SAIL) becomes the first Central Public Sector Enterprise (CPSE) to reach the major milestone of Rs 10,000 (Ten Thousand) Crore in procurement value through the Government-e-Marketplace (GeM) since its inception.
The German government is close to reaching a compromise over a disputed sale of a stake in a Hamburg container terminal to China’s state-owned shipping conglomerate Cosco Shipping Holdings Co.
Kale Logistics Solutions is a pioneer in providing state-of-the-art community and enterprise solutions.
Pursuant upon the launch of National Logistics Policy by Hon’ble Prime Minister Shri Narendra Modi ji, The Air Cargo Agents Association of India, a premier Association of Freight Forwarders, organiSed a Symposium “New Logistics Policy – Embracing New Opportunities” on Oct 17th 2022 in New Delhi. It was the first event organized post-Covid pandemic.
SG Panicker is all set to manage airport activities across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Kerala and Puducherry.
Coming back to action after a year, Lufthansa Cargo Service is expected to boost Hyderabad’s pharmaceutical sector.
The Ministry is set to levy INR 10k per departure on major routes from Jan 1 to March 31 and INR 15k per departure from April 2023 to April 2027.
Foundation for Aviation Sustainable Tourism (FAST) organises a seminar on October 07th, 2022 on the topic: Challenges & Opportunities for Air Cargo during the decade ahead.
Logistics, like all other fields, is evolving. Dr. Pramod Sant, Industry Expert & Former Vice President Head, Import-Export and Customs, Siemens, South Asia, in an exclusive interview with CargoInsights tells us, it will be difficult to predict how logistics will look in the future, but we can always make our best efforts to shape the “Next Generation in Logistics.”
For a new generation of supply-chain recruits, automation is changing the nature of work on warehouse floors and in leadership positions.
Altair, a global leader in computational science and artificial intelligence, has signed an agreement to collaborate in multiple simulation areas with Mazagon Dock Shipbuilders (MDL).
The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Narendra Modi, has approved the development of a container terminal at Tuna-Tekra, Deendayal Port on a Build, Operate, and Transfer (BOT) basis through a Public-Private Partnership (PPP).
The tech giant is set to integrate its supply chain offerings into a single package thus connecting ERPs & other supply chain solutions.
Rise in prices of sugar feared due to differences between exporters & the mills.
IMO has pledged to substantially reduce their carbon emissions to curb pollution.
As per the report, 160 million sq ft area has been leased across 7 cities for Grade-A Warehousing Space.
To strengthen its position in Europe, Intermarine is collaborating with breakbulk cargo specialist WeShip Projects to launch Intermarine Asia.
The airport-based cargo community system will be transformational for profitability and sustainability in the sector, Amar More (CEO, Kale Logistics) tells delegates at the TIACA Air Cargo Forum.
To decarbonize ocean, VC fund to invest $100M.
In line with the Make-In-India and make for the world initiatives, another domestic player has been able to export cargo containers to Europe despite direct competition from China.
Russian airline Aeroflot will begin operating flights from Goa to Moscow on November 2.
To reduce emissions from ocean freight, Grundfos uses the GEODIS Sustainable Marine Fuel Insetting programme.
The update of the CTU Code is shared by FIATA, the International Federation of Freight Forwarders Associations, and the six other CIG Group members.
To expand the Italian market, ITA Airways Cargo will list its capacity on the online travel agency cargo.one.
BLR Airport is at the forefront of innovation with its world-class facilities, and it is one of the country’s preferred cargo airports for agricultural exporters.
The company received the Social Impact Award in the category of Best Public Health/Safety Initiative at the 11th edition of the ACEF Asian Leaders Awards, 2022, held in Mumbai on September 29, 2022.
SriLankan Airlines received the prestigious Best Aviation Sustainability Program Award.
The newly built MMLP should have modern logistics offerings to both domestic & international traffic.
The licence is given to an airport operator who takes charge of the entire operation.
DP World to welcome 240 staff members in its upcoming Gurugram innovation centre.
SAF (Sustainable Aviation Fuel) & DB Scenker Joins Hand For Pollutionless Air Freights.
Tata Projects contract for Western DFC cancelled by DFCCIL, delaying the project further by 2 years.
Silk Way West Orders 777-8 Freighters From Boeing Azerbaijani cargo carrier becomes the first to have new fuel-efficient freighters in Eurasia.
The association is super stoked to welcome Transport Events, one of the organisations which is into coordinating the largest trade events across.
India’s bellwether logistic company, Snowman Logistics reports record growth of 55%revenue in Q2 2022 and an EBITDA of 27%.
Long-hauled carrier Emirates is buying 5 Boeing 777 freighters in a deal worth $1.7 billion, according to the companies.
Due to a potentially larger cargo load in the coming days, Celebi Delhi Cargo Management plans to invest Rs 150 Crore for better infrastructure.
The deal will stimulate additional funding in the state and assist in fulfilling the rising demand from sectors related to warehousing and logistics.
TVS Motor and Amazon India will collaborate to explore EV use cases for various Amazon businesses in terms of network and logistical requirements.
Amazon is covertly starting to provide its transportation and logistics network as a service to third-party retailers, companies, and direct-to-consumer brands in India.
Awery Aviation Services (Awery) and A.D. Aviation have reached an agreement that will streamline both companies’ sales, operations, and finance functions.
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.
Until May 31 of the current 2022–23 season, the government has permitted the export of 6 million tonnes of sugar and may consider allowing more exports.
Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), stated that India should have a GST with a single rate and a taxation system with no exemptions.
Iron ore exports from India in October were ‘near zero,’ according to a mining body official.
According to the CBRE report, comprehensive policy initiatives such as PM GatiShakti and the National Logistics Policy would revolutionise the industry and bring it up to international standards.
At the Invest Karnataka: Global Investors Meet in Bangalore, Welspun inked the MoU to enhance its foothold in the South Indian warehousing industry.
For the first time since March of this year, imports were down 0.7 percent year over year in October as local slowdowns and the prospect of a worldwide recession hurt foreign trade.
Vipin Vohra, Chairman of Continental Carriers Pvt Ltd, was invited as a panelist on MRO: New Avenues and Challenges.
As part of its efforts to simplify its process structures, Lufthansa Cargo will reduce its sales regions from seven to five.
Cochin Shipyard signs an agreement with IIT Madras to help accelerate the growth of marine start-ups with the aim of incorporating new and emerging technologies.
The “Mission 3000 MT” report is a road map for reaching 3,000 million tonnes (MT) of freight by FY27, up from 1,418 MT in FY22.
BIAL becomes the first Airport in the country to offer 5G connectivity across the new terminal.
Global logistics provider’s Freight Forwarding Line of Business has established a new service hub for customers in the Andalusia and Extremadura regions of Spain. The office in Seville commenced business as of October 1,2022.
Etihad Cargo has opened a pharmaceutical cold storage facility at Abu Dhabi International Airport.
Shri Piyush Goyal, Minister of Commerce and Industry and H.E. Don Farrell, Minister of Trade and Tourism of Australia, discuss IndAus ECTA (India-Australia Economic Cooperation and Trade Agreement).
Freight Earnings increases by 17 per cent as compared to the same period of last year.
During the campaign, the Ministry of Civil Aviation eliminates 13202 files, resolves 539 public grievances, and frees up 35208 square feet of space.
The direct flights between Indore and Chandigarh will operate three days a week.
The direct flight from Bhopal to Udaipur will begin operations on November 1, 2022, and will operate three days per week.
On November 2, 2022, AAAGL, the holding company of Capital A’s airline group, announced that it had sold its remaining stake in the airline’s India operations to Air India.
The “PPP Grievance Redressal Forum” was formed to address PPP issues. Ports also implemented several ‘Best Practices’ as part of Special Campaign 2.0.
In Kashipur, Uttarakhand, KIFTPL owns and operates a rail-connected inland container depot (ICD). The 41-acre facility includes three rail sidings and 17,000 square feet of warehouse space.
In a report by Redseer Strategy Consultants, with new-age tech-enabled players, it is now easier for small- and medium-sized businesses to transport goods.
The Central Board of Indirect Taxes and Customs (CBIC) has made it mandatory for the customs brokers to register themselves online.
Russian airline Aeroflot will begin operating flights from Goa to Moscow on November 2. The airline now operates an Airbus A330 on a twice-weekly Moscow-Delhi-Moscow route.
Amazon Air which has been in operation since 2016 with its staggering fleet that stands at a 110 aircrafts as on date is committed to reaching its customers across the length and breadth of this globe.
While laying the foundation for the Tata-Airbus manufacturing plant in Gujarat, Prime Minister, Narendra Modi stated that India has the world’s fastest-growing aviation sector.
COVID-19 and its aftermath subjected the supply chain to much fragility which companies like Mondelez are learning to deal with on a daily basis.
WiseTech Global’s service partner wing empowers logistics service providers to consolidate on a single global database, thereby eliminating the intricacy of organizing multitudinous systems and also enhancing the access of accurate data and information.
A.P. Moller-Maersk launches air freight service between the United States and Korea and expands its integrated air cargo operation.
Sales will be far below expectations in the current quarter, sending a new shock wave through the retail sector.
The impact of robots on logistics operations is becoming more complex as businesses consider how automation affects recruiting both management leaders and warehouse workers.
Pacific International Lines (PIL) launched PIL Intermodal Services, which offers train, truck, and barge services across its existing intra-Asian, Africa, Middle East, Latin America, and Oceania networks.
As per Concor, the goal is to build capacity and capability in the country to manufacture shipping-grade containers as a step toward Atmanirbhar Bharat.
Maersk has hired, trained, and created jobs for 84 women from nearby villages who needed work but did not have the right opportunities.
Analysts stated on October 27, 2022, that Indian importers should take advantage of the rupee’s recovery against the greenback to hedge their liabilities due this year.
German officials are nearing an agreement on the contentious sale of a share in a Hamburg container terminal to China’s state-owned Cosco Shipping Holdings Co.
While pushing 100 Indian brands as international leaders, India hopes to increase its existing 2.1per cent export share to 3per cent by 2027 and 10per cent by 2047.
The TT Club has endorsed a UN initiative to coordinate the activities of the world’s insurance industry to improve environmental sustainability.
The Dubai-based container terminal company will look at locations to set up other free commerce zones and increase its footprint in coastal transport.
The Department of Commerce will spare no effort during the Campaign Phase, (2nd – 31st Oct., 2022), to get rid of every reference found during the Preparatory Phase.
Various offline and online promotional methods are adapted to sensitise officials about salient aspects of SCDPM 2.0.
Key markets like the EU, the UK, and the US are experiencing a decline in clothing demand.
Various regulatory organisations, such as drug controllers, must examine a number of export consignments; all of these will be integrated into the new customs system.
According to Commerce and Industry Minister Piyush Goyal, India can decide its policy only after a change of guard occurs in the UK.
Piyush Goyal, Union Minister of Commerce and Industry, addresses the third exports summit organised by the CII.
Reduced manual intervention, precise pre-weighed quantity, quicker loading, and better coal quality are all benefits of the FMC projects.
Concor’s stock price increased 6.94 per cent to close at ₹ 771.15 per share on the BSE. The stake sale might yield more than ₹14,000 crore.
As part of a campaign, the Pune Customs employees and the Revenue Secretary cleaned Ratnagiri Beach and the Customs Floating Jetty.
With effect from October 31st, 2022, Amrit Lal Meena, Special Secretary-Logistics, will assume control of the position and succeed Anil Kumar Jain (IAS).
On October 19, 2022, the NHAI Chairperson visited the Delhi-Jaipur section of NH 48 from Delhi to Dharuhera to review the pace of maintenance activities being undertaken.
15 GCTs have been commissioned, and 96 additional GCT locations have been identified. It is planned to build 100 Gati Shakti cargo terminals in the next three years.
On October 18, 2022, Union civil aviation minister Jyotiraditya Scindia urged Punjab, West Bengal, Delhi, and five other states to reduce VAT on air turbine fuel (ATF).
Dr. Pushpendra Pratap Singh, the Country Head of Asia Shipping India Pvt. Ltd., was named “Business Mentor of the Year 2022,” at the India Business Awards held on October 15, 2022.
The conference’s goal was to encourage greater collaboration and synergy between state civil aviation departments and the MoCA to accelerate the development of the civil aviation sector.
National Logistics Policy will be cost-effective and efficient in limiting perishable commodity losses by improving cold supply chain efficiency and cold storage facilities.
Adani Airport Holdings has restructured its top management, naming Ericsson veteran Arun Bansal as CEO.
Snowman Logistics has launched Fifth-Party Logistics (or 5PL) services in India, making it the first company in the country to do so in the cold chain logistics and supply chain management sectors.
The court ruled that the question of who owns the land on which the airport is built would remain open as long as Adani Group continues to operate, manage, and develop the airport for the next 50 years.
The Ministry of Road Transport and Highways intends to take over high-traffic state highways from state governments for a 25-year period.
India’s exports will be worth $2 trillion by 2030. Merchandise exports will grow at a CAGR of 11-12%, while service exports will grow at a CAGR of 18-19%.
Foreign Direct Investment (FDI) inflows into India have steadily increased over the last decade, with FY2021-22 receiving USD 84.8 billion.
During the period, Maruti Suzuki India (MSI) led the segment, followed by Hyundai Motor India and Kia India in second and third place, respectively.
The conversion of the aircraft into a freighter boosts the airline’s cargo shipment capacity and enhances its service.
Indigenously developed through joint efforts of Railways, Besco Ltd Wagon Division and Hindalco Aluminum rake has several advantages over traditional ones.
The scheme may invest in sectors or stocks that form a part of the Nifty Transportation and Logistics TRI.
As the GatiShakti initiative will reduce project delays and cost overruns, it will allow various infrastructure ministries and departments to meet their goals.
Digitisation has enabled the Indian government to accomplish tasks that would have been impossible otherwise.
Honeywell’s technology would maximize production efficiency, resulting in a cost-effective and lower carbon-intensity aviation fuel.
The freight train will function as a superfast parcel service, capturing high-value and time-sensitive cargo consignments.
The Solar-Electric Hybrid High-Speed Ferry and Floating Jetty projects are expected to boost tourism in Goa while making transport more environment-friendly.
India is the world’s only large economy in a “bright spot,” with strong indicators indicating robust growth this year and next.
The new Vande Bharat Express will operate between Una Railway Station and New Delhi.
PM GatiShakti’s NMP will go down in history as a powerful action that fueled country’s rapid growth and development: Goyal.
India wants to take NaVIC global, which will happen if more satellites, say around 30, are launched.
Kandla’s development of a multipurpose cargo berth will give it a strategic advantage due to its proximity to the vast hinterland of northern India.
Continental Carriers Chairman Vipin Vohra had the honour of attending the “South Asia Customer Listening Forum 2022,” hosted by IAG Cargo on October 8, 2022, at The Oberoi Sukhvilas in Chandigarh.
Shiprocket and Shadowfax Technologies have teamed up to enable same-day and next-day deliveries for D2C businesses, including boAT, Mamaearth, and MyGlamm.
J M Baxi Ports & Logistics intends to raise around Rs 3,000–3,300 crores, along with Rs 1,200 and Rs 1,500 crores, by advertising the latest shares.
To increase collaboration in funding railway infrastructure projects with forward and backward links to the Indian Railways sector, IRFC and IIFCL have signed a contract.
Sri Lankan Airlines’ engineering section keeps winning with another C-Check for a client airline.
To establish an “India Fast Track Mechanism in the UAE” to address challenges faced by Indian firms there.
In light of the World Commerce Organization’s (WTO) prediction of a steep decrease in global trade in 2019, Indian exporters have urged the government to reinstate the 18per cent goods and services tax (GST) exemption on export freight and expand the rupee payment mechanism to more nations.
In an effort to stop revenue leaks, the government is probably going to start requiring businesses with a goods and services tax (GST) annual turnover of over INR 5 crore to switch to electronic invoicing from January 1.
After receiving approval from the Cabinet for Indian Railways’ property leasing policy, the government is prepared to announce its proposal to privatise Concor.
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.
Adani Ports and Special Economic Zone (APSEZ) gained approval from the NCLTs of Ahmedabad and Hyderabad on Monday to buy the remaining 58.1per cent share in Gangavaram Port under a composite scheme of arrangement.
Foreign food production facilities that export certain “high-risk” categories to India must be registered with the Food Safety and Standards Authority of India (FSSAI) by February 1, 2023.
Minister of Civil Aviation, Jyotiraditya M. Scindia said that a civil enclave will be built in Jammu at a cost of Rs. 861 crores, and Srinagar’s present terminal will be expanded three times, from 20,000 square metres to 60,000 square meters, at a cost of Rs. 1500 crores.
The Daksh Foundation, in collaboration with a group of committed young volunteers, is trying to end the insensitivity, neglect, and abuse of the elderly by their children that exists in our society.
Continental Carriers, the group’s flagship company, was founded in 1957 and has now been in the freight forwarding industry for 65 years, led by the visionary Late TN Vohra. In the year 2005, Vipin Vohra, the current Chairman, took over management. Vaibhav Vohra and Viraj Vohra, members of the third generation, joined the company in 2007 and 2013, respectively, bringing a contemporary approach, a management degree from a foreign university, and IT skills. More than 35 percent of staff is over 25 years old.
As per Afzal Malbarwala, President of ACAAI, “It will definitely affect our and exporters’ business. Cash flow will be the biggest hurdle.
Union Food Secretary Sudhanshu Pandey urged the Food Corporation of India and the Central Warehousing Corporation (CWC) on Friday to capitalize on the increased demand for warehousing from e-commerce enterprises.
“In order to support the New Logistics Policy, the industry expected the government to extend the Goods and Service Tax (GST) freight exemption notification. However, this has not happened, “said Vipin Vohra, Chairman of Continental Carriers.
With the National Master Plan for Multi-Modal Connectivity in place, Ahmedabad-based Adani Group plans to accelerate its logistics business by launching six more Multi-Modal Logistics Parks (MMLPs) in five states over the next two years, including Uttar Pradesh, Haryana, Rajasthan, Gujarat, and Telangana.
GST Advisory for Ocean and Air Export Freight, effective 01/10/2022 reg.
Cargo handling at India’s major ports continues to grow, with traffic increasing 11per cent in the first half of this fiscal year to 384 million tonnes (mt) from 346 mt in the same period last year.
Air Canada Cargo stated that it will expand its cargo network into the United States for the first time in November, with flights to Dallas and Atlanta.
Lithuania resolved on Thursday to improve control over cargo trains entering the nation and the Russian exclave of Kaliningrad by installing an X-ray scanning system at the Kenna border crossing with Belarus.
The long-stalled rehabilitation of crowded and outmoded cargo warehouses at Los Angeles International Airport has begun after city officials recently invited ideas for the entire redevelopment of 27 cargo buildings.
The Indian Railways has announced that it will begin transporting liquefied natural gas (LNG) on its network.
Pradhaan Air Express performed its first commercial flight on the Delhi-Bombay-Delhi route earlier this week.
The government’s decision to remove the GST exemption on export freight at the beginning of the month has made exporters worried since they expect liquidity to fall at a time when they are coping with sluggish demand in advanced countries, pushing them to seek a rethink.
EasyEcom, a warehouse management provider, stated that their analysis is based on data collected by its software-as-a-service platform, which focuses on omnichannel inventory and warehouse management, as well as reconciliations.
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal announced that 7 new PLI schemes that are not part of the original program had just been approved and reiterated the Government’s commitment to promote manufacturing in India.
AIT Worldwide Logistics has formed a Civil Reserve Air Fleet (CRAF) partnership with cargo airline Kalitta Air in order to strengthen US and global supply chains.
Jackson Square Aviation (JSA) has placed an order with Aeronautical Engineers, Inc. for six B737-800 conversions (AEI).
Airbus has announced a design competition for the livery of its new A350F freighter aircraft. The contest will end on November 28, with the winner being announced on March 15.
Cathay Pacific is presumably in talks with Boeing and Airbus about a potential order for up to six next-generation freighters to expand and replenish its fleet of 20 747 cargo jets.
Cathay Pacific Airways of Hong Kong expects cargo demand to pick up after the Chinese National Day holidays in the first week of October.
Adani Ports & Special Economic Zone (APSEZ) reported a 13per cent year-on-year increase in cargo volumes.
As global trade shifts from backlogs to empty containers, cargo shipowners cancel sailings.
The IATA WCS 2022 conference, held in the last week of September 2022, was the largest in IATA’s history with 1,350 delegates from 73 countries.
On September 29, IndiGo, a no-frills carrier, announced the arrival of its first freighter aircraft, a converted passenger plane. With a fleet of over 275 aircraft and over 1,600 daily flights to and from 74 domestic locations, the airline is already a market leader.
The CBDT has extended the deadline for filing various audit reports for the Assessment Year 2022–23 under the Income-tax Act 1961.
According to Dimerco, intra-Asian ocean freight rates are “falling,” although the market is holding up better than long-haul shipments.
On September 29, the Services Export Promotion Council (SEPC) hosted an interactive session with Piyush Goyal, Union Minister of Commerce and Industry, and Dr. Subhas Sarkar, Minister of State, Ministry of Education of India.
Ecom Express, a new-age technology-driven full-stack logistics solutions provider to the e-commerce industry, announced the opening of its 55th fulfillment centre in Hyderabad on Wednesday.
Shippers traveling between India and Europe who are experiencing periodic schedule problems now have the option of connecting some cargo via transshipment options via Jeddah, Saudi Arabia’s main gateway.
Prime Minister Narendra Modi will be in Gujarat for two days beginning September 29 to launch different development and infrastructural projects totaling Rs. 29,000 crores across the state.
A senior Delhi Police officer claimed on Wednesday that the Economic Offences Wing had arrested a top former government official for cheating and theft to the tune of around Rs 30 crore.
Boeing has delivered the 100th contracted B737-800 Boeing Converted Freighter (BCF) to the rapidly expanding e-commerce business.
The 52nd AGM of the Air Cargo Agents Association of India (ACAAI) was held in Mumbai today.
For a ground handler at Singapore Changi Airport, Hermes Logistics Technologies (HLT) has incorporated tech partner SPEEDCARGO’s solutions into its Cargo Management System (CMS).
Customers of Emirates SkyCargo will have quick and simple direct access to the cargo airline’s flights and inventory to make direct bookings through WebCargo by Freightos, the market’s leading air cargo booking platform.
In FY 2021–22, BLR Airport received 52,366 metric tonnes (MT) of perishable cargo, up from 48,130 MT in the prior year. Banglore Airport now handles 41% of South India’s air cargo perishable tonnage, making it India’s busiest airport for perishables.
In 2021 and 2022, SAL Renewables bought the jack-up ships Wind Lift I and Thor and carried out a number of projects in and near northern European waters.
The B2B express business of Rivigo Services Private Limited (RSPL) will be acquired by Mahindra Logistics for INR 225 crore, according to a statement from the company.
The need for storage space among e-commerce companies like Amazon, Flipkart, Bigbasket, and FirstCry has dramatically decreased this year as a result of the widely anticipated slowdown in customer demand.
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.
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.
National Airlines reported receiving its first Boeing 747-400ERF (extended range freighter). For ultra-long-haul cargo operations, the new freighter with the registration N663CA offers a more fuel-efficient option.
The National Centre for Sustainable Coastal Management in Chennai recently granted CRZ (coastal regulation zone) clearance for the seaport that was planned to be built at Machilipatnam in the Krishna district.
In order to go live globally on CargoAi, Lufthansa Cargo is starting a pilot in three nations. The instant rate offer and booking confirmation will be used for the first time by a CargoAi customer.
The Releye RLP & RAP containers, the latest products from Envirotainer, have received approval from IAG Cargo, the cargo business of International Airlines Group (IAG), for use by customers shipping pharmaceutical products.
With a new loading mechanism for the Beluga A300-600ST aircraft for military cargo, Airbus is enhancing its outsized air freight capabilities.
Within its CargoStack CMS suite, Wiremind Cargo has now introduced a new module: The goal of Revenue Optimization is to assist sales steerers and flight controllers in three key aspects of their jobs.
Caribbean Airlines Cargo is the most recent of more than thirty airlines to offer real-time air freight pricing and booking on the international freight booking platform WebCargo.
In order to go live globally on CargoAi, Lufthansa Cargo is starting a pilot in three nations. The quick rate offer and booking confirmation will be used for the first time by a CargoAi customer.
Indonesian palm oil producers are reducing their large inventory surplus by offering discounts to competitors and aggressive sales to India, where demand is increasing in preparation for the Diwali festival next month.
Ninjacart, the premier agri-startup in India has increased its global reach by introducing the “Ninja Global” platform for Agri export-import enterprises in the UAE and GCC nations.
The new framework places a strong emphasis on process simplification for seamless coordination and a reduction in total logistics value, in addition to encouraging the use of technology and personnel skill development.
India is scrambling to replace cancelled Russian gas deliveries, driving GAIL India to pay $40 per million BTUs for LNG. That’s the most expensive LNG cargo to ship to India in history, traders told Bloomberg.
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.
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.
The total cargo volume at Amsterdam Airport Schiphol dropped by roughly 14% to 721,746 tonnes in the first half of 2022 compared to H12021.
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…
On September 17, Prime Minister Narendra Modi is due to present the eagerly awaited National Logistics Policy, which aims to…
Sam Katgara, a fourth generation leader, received the Lifetime Achievement Award at the 14th ‘Express Logistics and Supply Chain Leadership Awards 2022’, which were…
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…
According to Friday’s announcement by Railway Minister Ashwini Vaishnaw, the Railways have developed a plan to start…
According to a Niti Aayog report titled “Transforming Trucking in India: Pathways to Zero-Emission Truck Deployment,” which was…
India’s exports have suffered as a result of the collapse in demand in some developed nations caused by record-high inflation and…
The PM Gati Shakti programme, which the government claims will help establish 300 freight terminals and create 1.25 lakh jobs, received approval from the Union Cabinet on Wednesday for a long-term lease of railway land.
India, the world’s largest exporter of the grain, tried to increase supplies and stabilise local prices on Thursday after planting was hampered by below-average monsoon rainfall
The Committee, formed by the International Financial Services Centres’ Authority (IFSCA) of India, submitted its…
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.
At the Safe-Tech Awards & Conference, AdaniPorts received two national-level awards in recognition of their heroic actions in saving the lives of three truck drivers during a crucial road accident rescue operation.
Germany’s DB Schenker intends to acquire businesses in India in order to grow its business and focus on developing end-to-end contract logistics operations
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.
The Board of Trade, a body that advises on international trade policy, will convene the following month to discuss methods to increase India’s exports.
For the expansion of the nation’s air cargo infrastructure, the minister of roads, transport, and highways recommended encouraging public-private partnerships.
The 46th Annual Convention of ACAAI will take place in Bangkok, Thailand from November 24 to November 27 at the Hotel Bangkok Marriott Marquis Queen’s Park
Mahindra Logistics launched its eleventh fulfilment centre in India, enabling speedy client commerce and collaboration with top e-commerce companies.
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.
The MoRTH ordered on Monday that all goods vehicles used to transport hazardous or dangerous commodities must be fitted with a location tracking device.
The Railway Ministry stated on Monday that 734 km of track on the Western DFC and 618 km of rail on the Eastern DFC have been commissioned in a report on the corridors’ progress.
At its meeting held on August 22, 2022, the board of directors of Shreeji Translogistics Limited considered and approved investing in a proposed new subsidiary company, TKD Digitrans Tech Private Limited.
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.
For us to successfully make the switch to sustainable energy, a large-scale supply of green methanol is essential, as per Jens Eskelund, China Chief Representative of Maersk.
To celebrate India’s 75th Independence Day and the start of “Amrit Kaal,” the South East Central Railways (SECR) ran the Super Vasuki on August 15.
Sarbananda Sonowal, the Union Minister of Ports, Shipping, and Waterways, departed for Iran on Thursday for a four-day visit. During this time, he will examine the first phase of the Chabahar port’s development.
Adani Logistics Ltd. has successfully acquired the inland container depot (ICD) at Tumb in Vapi from Navkar Corporation Ltd.
A brand-new Boeing 777 that is jointly owned by Singapore Airlines and DHL has just arrived.
Sanjay Bandopadhyaya, chairman of the Inland Waterways Authority of India (IWAI), stated on Wednesday that attempts are being made to expand waterways with the support of the private sector.
A contract between France and India to assist International Transport Forum (ITF) activities in the Indian transportation industry was authorised by the Union Cabinet, which is presided over by Prime Minister Narendra Modi, on Wednesday.
The purpose of the programme is to build an ecosystem to support local producers in producing Make in India containers, ultimately assisting our trading community in the EXIM sector and supporting the Prime Minister in achieving his goal of making India a USD 5 trillion economy.
In 2022, QuikJet might make a comeback to the skies over India, providing scheduled and charter air cargo services. Our source claims that the carrier might start flying with just 2 planes in a few more months.
The FIATA Paperless Bill of Lading streamlines the issuance process by eliminating double data entry and enabling the Freight-Forwarder to quickly issue secured eFBL using their standard tools (TMS and other applications). The document can then be shared with stakeholders digitally or as a secured printed copy, at the discretion of the freight forwarder.
Evergreen Marine Corp. has finished a systematic inspection and calculation of greenhouse gas emission inventories for its business operations, including its global operating fleet, office buildings, and container terminals in Taiwan.
Assam Chief Minister Hemanta Biswa Sarma chaired the cabinet meeting and approved the Assam logistics policy 2022, under which a dedicated logistics division headed by a secretary-rank officer is to be set up.
EeLain Ong has taken over as Chief Financial Officer (CFO) of international freight transport and logistics insurer TT Club, with effect from 1 August 2022. Following Julian Chowdhury’s retirement, Ong has replaced him.
Blue Dart will launch 15 retail stores on 15th August 2022 to facilitate trade in the nation. Through the ‘Har Ghar Tiranga’ campaign, Blue Dart stores will distribute 75,000 flags free and will encourage all employees to hoist the Tricolour at their homes and pin it on https://harghartiranga.com/
Minister of State for Tourism and Ports, Shipping and Waterways to address Valedictory Function
With domestic and international passenger flights returning back to the pre pandemic levels,
The Indian aviation sector is well positioned for substantial expansion in future. Piyush Srivastava, IES,Senior Economic Adviser, Ministry of Civil Aviation, GoI
Prime Minister Narendra Modi on Sunday lauded the Indian toy industry for achieving the success “no one could have imagined”, noting that its export has soared to Rs 2,600 crore from Rs 300-400 crore.
The center announces the relaxation of limits of custom clearance beyond the normal working hours, allowing 24X7 business transactions to various Inland Container Depots (ICDs), seaports, and air cargo complexes across the nation.
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal said, “India is committed to unlocking…
The long-awaited National Logistics Policy will be unveiled by Prime Minister Narendra Modi this month. The…
Union Road Transport Minister Nitin Gadkari said, “The Indian automakers are more than capable of…
Union Minister of Commerce and Industry Piyush Goyal said, “With signs of a global slowdown …
The Indian ports continue to bear the impact of the Sri Lanka economic crisis. There has been a 25 percent shortage of containers at the Chennai Port which has made it face a rise in shipping costs.
Ever Ace, the world’s largest cargo ship to ever exist, has recently arrived in the UK and has docked at the Port of Felixstowe.
AP Moller Maersk’s 40-feet ‘rainbow container’ arrived in India at the Ennore Port.
Kale Logistics Solutions has signed a contract extending its partnership with CHI Aviation Handling by a further five years.
Indian ports have recorded a growth of 11% in traffic during the April-June quarter of 2022-23 on the back of higher demand for crude oil and imported coal, signifying the opening up of the economy, a report by DAM Capital said.
Allcargo Logistics Ltd, India’s largest integrated, end-to-end logistics solutions provider, has appointed Kapil Mahajan as the Global Chief Information and Technology Officer.
After running 16 successful batches, the Indian Institute of Freight Forwarders (IIFF) on 3rd July 2022 IIFF launched its 3rd Online Diploma in Shipping, Logistics and Freight Forwarding on 2nd July 2022.
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