Baltic index hits two-week low as larger vessel rates dip
LONDON : The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to its lowest level in two weeks on Tuesday,
First commercial electric cargo handlers operate at Port of Los Angeles
LOS ANGELES : The Port of Los Angeles has achieved another significant milestone in its journey towards becoming a zero-emission (ZE) port by deploying the first commercially available
Memorandum signed on the development of the European gauge railway line to Klaipėda
KLAIPEDA : A Memorandum was signed in Klaipėda, providing for closer cooperation in decision-making on developing the new European gauge railway line to Klaipėda. The Memorandum was signed
MIT Center for Transportation & Logistics launches new lab supported by Mecalux to research the
CAMBRIDGE : The Massachusetts Institute of Technology Center for Transportation & Logistics (MIT CTL) has commissioned a new research lab to investigate high-impact applications of new data-driven technologies in
Sarbananda Sonowal reviews Inland Water Transport Projects at IWAI Headquarters
NOIDA : The Hon’ble Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, visited the Noida Head Office of the Inland Waterways Authority of India (IWAI) on
BCBA focuses on Logistics in AMRITKAL VISION-2047
MUMBAI : The Brihanmumbai Custom Brokers Association (BCBA) is proud to announce the Logistics Conclave 2024, a major step towards fulfilling India’s vision of “Viksit Bharat 2047.” This
Adani sees huge growth on the Indian markets; Forecasts infra spending to exceed $2.5 Trillion
AHMEDABAD : The Adani Group, based here, Gujarat, India, is a diverse conglomerate consisting of 10 publicly traded companies. Led by Chairman Gautam Adani, it operates in various
Develop Indian shipping lines, lower duty on precious metals: Exporters in pre-Budget meet
NEW DELHI : As Covid-19 and the ongoing Red Sea crisis pushed shipping rates several fold higher, hitting exports, exporters have urged the government to develop Indian shipping
RBI Governor confident of 7.2% GDP growth in FY25
MUMBAI : The Reserve Bank of India (RBI) Governor Shaktikanta Das, on June 25, said he is confident that India’s growth will touch 7.2 percent in the current financial
Industry pitches for tax reduction, rationalisation of duty structure in Budget
NEW DELHI : In an effort to boost the economy, representatives of various industries on Tuesday urged Finance Minister Smt Nirmala Sitharaman to reduce the incidence of indirect