Logistics Industry: A Global Powerhouse Undergoing Technological Transformation The logistics industry has seen tremendous growth over the past decade, driven by increased globalization, e-commerce, and significant technological advancements. Valued at over $8 trillion globally,
BALTIMORE : The MV Dali containership, which caused the collapse of Baltimore’s Francis Scott Key Bridge in March, has departed American waters and is headed to Ningbo, China, for extensive repairs. The vessel left Norfolk, Virginia, escorted by
KYIV : A Russian missile strike has damaged infrastructure and an Antigua-flagged civilian vessel Golden Lion, in the Ukrainian Port of Odesa, the regional governor said on Friday. Four people were wounded in the
TOKYO : Nippon Yusen Kabushiki Kaisha (“NYK”) and Oono Development Co.,Ltd. (“Oono Development”) have agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures are dismantled in Japan
NEW DELHI : Prime Minister Shri Narendra Modi will visit the U.S. from Sept. 21-23, the Foreign Ministry said on Tuesday. During the visit, Modi will attend a meeting of the Quad group comprising
NEW DELHI : Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal signed extended MoU on Maritime issues with Denmark Minister Mr. Morten Bodskov, Minister for Industry, Business and Financial Affairs here. India
NEW DELHI : An inter-ministerial meeting was held here on Thursday under the chairmanship of Union Minister of Commerce & Industry, Shri Piyush Goyal to address rising freight cost, shipping delays, shortage & non-availability
NEW DELHI : India’s logistics cost is set to fall to single digits within the next five years, according to Union Road Transport and Highways Minister Shri Nitin Gadkari. Speaking at the Deloitte’s Summit
NEW DELHI : Commerce Secretary Sunil Barthwal announced that, the next round of negotiations for the India-EU Free Trade Agreement (FTA) will take place here from September 23 to 27. Both sides will discuss
NEW DELHI : The Commerce Ministry has imposed an interest subvention cap of Rs 5 crore per IEC (import-export code) for MSME manufactures till September 30, 2024 for the current fiscal. In a trade notice on
