COSCO SHIPPING launches new Warehouse in Los Angeles
SHANGHAI : COSCO SHIPPING officially launched its self-operated fulfillment warehouse in the United States. The Chinese company said this expansion of its global warehousing network represents a crucial step towards enhancing its ability to
China-Europe freight trains expand 10% in Q1 with 6,184 operations
BEIJING : The China Railway Express (CR Express), a major international freight train service, spans China, Europe, and Belt and Road Initiative (BRI) partner countries, offering new possibilities for collaborative and sustainable trade. According
Assam soon to witness India’s first river terminal in Guwahati
GUWAHATI : India’s first river terminal is set to be established in Guwahati, Assam. The development marks a significant milestone in the country’s transportation and logistics sector. The terminal promises to boost the state’s economy
HUDCO to develop Surat Multi-Modal Transportation Hub
SURAT : The Housing and Urban Development Corporation Limited (HUDCO)on Friday said that it has signed an memorandum of understanding (MoU) with the Surat Integrated Transportation Development Corporation Limited (SITCO) for the construction and
Shipping market conditions boost Yang Ming’s first Quarter results
KEELUNG CITY : Yang Ming Marine Transport Corporation (Yang Ming) held its 392nd Board Meeting on 10th May to approve its Q1 financial report of 2024. The consolidated revenues in Q1 totaled NT$ 43.8
UP Govt to invest Rs 45k crore to accelerate cargo movement
LUCKNOW : The Uttar Pradesh Government has announced plans to invest a staggering Rs 45,000 crore to expedite cargo movement across the state. This significant investment underscores the government’s commitment to bolstering infrastructure and
Analyst warns of congestions at Asian ports hit by Red Sea logjam
SHANGHAI : The Red Sea crisis is challenging Asian ports as congestion with “echoes of the pandemic” is seen in Asia and the Middle East with analysts warning logjam could also spread to European
A.P. Moller – Maersk launches air freight gateway in Miami to serve U.S., Asia, and Latin Amer…
FLORHAM PARK, N.J. : A.P. Moller – Maersk expanded its air freight operations footprint with the April activation of a full-service, in-transit gateway solution in Miami. This new air freight facility underscores Maersk’s commitment