Nippon Express in talks to buy Logistics firm Cargo-Partner
TOKYO : Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said. The parties are negotiating terms of a
Container spot rates on a ‘likely recovery path’: HSBC
LONDON : Spot container freight rates have stabilised and HSBC Global Research notes sign of a recovery in its latest report. n its Global Freight Monitor HSBC noted
Port of Antwerp-Bruges throughput hit by macroeconomics, war
ANTWERP : First quarter throughput at the Port of Antwerp-Bruges dropped by 4.5% on-year, reflecting changing European trade flows. The port said that Q1 throughput of 68.7m tonnes
Sarbananda Sonowal approves development of Oil Jetty at Deendayal Port for Rs.123.40 Crore
NEW DELHI : Union Minister for Ports, Shipping & Waterways and AYUSH Sarbananda Sonowal approved the project of Development of Oil Jetty No.09 at Deendayal Port, Kandla to
PM Gatishakti NMP evaluates 76 key Central infra projects which leads to cost savings of Rs 5.14 lak
NEW DELHI : The PM Gatishakti National Master Plan (NMP) has completed the evaluation of 76 central government key infrastructure projects relating to railways, roads and transport, etc.
DGFT lays out procedure for exporters to apply for amnesty scheme
NEW DELHI : The commerce ministry on Monday laid out a procedure for applying for amnesty scheme for one-time settlement of default in export obligation by certain exporters.
DPIIT to get a clear picture of India’s logistics cost in about 4 months : Sumita Dawra
NEW DELHI : The Department for Promotion of Industry and Internal Trade (DPIIT) is aiming to get a clear picture of the country’s logistics costs in the next
Indian Railways registers record Revenue of Rs. 2.40 Lakh Cr. for FY 2022-23
NEW DELHI : Indian Railways has registered record revenue figures of Rs. 2.40 Lakh Crores for Financial Year 2022-23. This is nearly Rs.49,000 Crores more than the previous
ESR Group plans Rs 400-Cr logistics park in Gujarat
AHMEDABAD : Asia Pacific-focused real estate services and investment major ESR Group plans to set up a 1-million-sq-ft warehousing logistics park in Gujarat’s Sanand with an investment of
EY India proposes four-pronged strategy to empower India’s logistics sector
Global consulting firm EY has proposed a four-pronged strategy to empower India’s logistics sector: adopt advanced technology and explore new business models; accelerate infrastructure development; focus on sustainable