Concor cuts rates for Nepal-bound import boxes by 35%
NEW DELHI : Container Corporation of India Ltd (Concor) has cut rates by some 35 percent for hauling import containers landing at Visakhapatnam, Haldia and Kolkata ports and bound for Nepal. This follows entry
Bengal industrial growth corridor may see Rs 43,000cr investment: WBIDC
KOLKATA : West Bengal’s proposed industrial growth corridor between Haldia and Durgapur may see an investment of Rs 43,000 crore over the next three to five years spread, a senior WBIDC official said. An
Welspun One Logistics Parks acquires two land parcels in Lucknow, Farukhnagar
Welspun One Logistics Parks (WOLP), backed by Welspun Group, said it has acquired two land parcels in Lucknow and Farukhnagar in Haryana, marking its entry in north India. The development cost of these two
Coca-Cola turns to bulk carriers in face of sold-out containerships
SINGAPORE : Coca-Cola , Soft drinks giant has opted to ship cargo on bulk carriers rather than containerships in the face of port congestion and rising freight costs. The manufacturer has chartered three handysize
MSC moves into fruit packing
Medlog, the logistics arm of shipping group MSC, has opened a US$20m fresh fruit packing plant in Peru, marking MSC’s first foray into fruit packing. The facility is based in the Piura Futura industrial
Scan Global Logistics acquires Horizon International Cargo Limited
COPENHAGEN : The Nordic-based logistics forwarder, Scan Global Logistics (SGL) acquires Horizon International Cargo Limited (Horizon), a traditional air and ocean forwarder headquartered in the UK effective October 1, 2021. Recently, SGL announced an
First consignment of Kashmir walnuts from Budgam despatched
2,000 kgs flagged off to Bengaluru as part of ODOP Import Substitution efforts NEW DELHI : The first consignment of Kashmiri walnuts was recently flagged off from Budgam. A truck carrying 2,000 kgs was
Chinese power cuts may disturb US$120 billion of trade flows
SHANGHAI : The current Chinese power shortages that have gripped the country could see US$120 billion of trade flows delayed, according to the risk modelling company, Russell Group. Some of China’s key ports, including