HCMC port stops receiving bulk cargo amid container pileup
HCMC’s Cat Lai Terminal will not accept certain cargoes until August 16 since containers have piled up and there is little space left, its operator said. Saigon New Port Corporation said it has stopped
Taiwan receives delivery of first EMU3000 train from Japan
Taipei : The first of 50 new intercity express trains ordered by the Taiwan Railways Administration (TRA) arrived at Hualien Port from Japan recently and could enter service on the east coast line by
Allcargo acquires 65% stake in Swedish logistics firm Nordicon Group
MUMBAI : Allcargo Logistics, the country’s largest integrated logistics player in the private sector,on Friday announced its second large overseas acquisition snapping up a 65 per cent ownership in a USD 44 million joint
ONE forecasts $6bn profit for H1
TOKYO : Underscoring the huge turnaround in fortunes for containers shipping financially Ocean Network Express (ONE) booked a profit of $2.56bn for the first quarter ended 30 June 2021. Reporting a 1,432% increase in
Stiff target : New Foreign Trade Policy aims for exports of $1 trillion by FY26
NEW DELHI : India will aim to more than double its annual goods and services exports to over $1 trillion by FY26 under the new Foreign Trade Policy (FTP), as it seeks to tailor its policies
Second Ro-Ro ferry set to begin service in Kochi from Today
KOCHI : The second roll on-roll off (Ro-Ro) vessel of the Inland Waterways Authority of India (IWAI), which was handed over to the Kerala Shipping and Inland Navigation Corporation (KSINC) for operation, is set
CBIC introduces auto-renewal for tier 1 AEO license holders
NEW DELHI : The Central Board of Indirect Taxes and Customs (CBIC) has carried out away with renewal of Authorised Economic Operator (AEO) certification after each three years for Tier 1 or T1 stage entities, it stated in
Supply chain tech firm 3SC raises $15 mn to expand across Europe, SE Asia
BENGALURU : The company plans to strengthen its existing software as a service (SaaS) and Analytics as a service (AaaS) based SCM solutions through both organic and inorganic routes. 3SC (SS Supply Chain Solutions Pvt Ltd),