Nagpur will soon become ‘Logistics Capital’ of India : Nitin Gadkari
The Union Minister Shri Nitin Gadkari on Thursday said that although Sindi Railway is geographically a part of Wardha district, it is not considered separate from Nagpur. Therefore efforts will be made to bring
Niti Aayog comes up with roadmap to boost exports from MSME sector
NEW DELHI : Niti Aayog has made a case for a single information portal for exporters to promote e-commerce exports and improve access to finance, especially for micro, small & medium enterprises (MSMEs). In
DGFT signs agreement with DHL to make MSMEs in 76 districts export-ready
NEW DELHI : The Directorate General of Foreign Trade (DGFT), an arm of the Commerce and Industry Ministry, on Thursday signed an agreement with global logistics service provider DHL to make Indian micro, small
EDFC’s Sahnewal-New Khurja section opens, freight transit from Ludhiana to Mumbai now possible…
LUDHIANA : City industrialists of Ludhiana will now benefit from a swift 20-hour transit of goods to the Jawaharlal Nehru Port Trust (JNPT) in Maharashtra, thanks to the inauguration of the Sahnewal-New Khurja section
As the highest throughput in its history, King Abdul Aziz Port in Dammam continued breaking records …
DAMMAM : In February 2024, King Abdul Aziz Port in Dammam achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput of 166,956 TEUs in 2023. This
Container rates drop to unsustainable levels : Maersk CEO
COPENHAGEN : The global container shipping market faces overcapacity in the coming years and the rates paid by customers have fallen to an unsustainable level, Maersk, CEO Mr. Vincent Clerc told the group’s annual meeting
Hapag-Lloyd records third-highest group profit in history despite significant financial declines
HAMBURG : Hapag-Lloyd has reported revenues of US$19.4 billion and profit of US$3.2 billion in 2023, translating to massive year-on-year drops from US$36.4 billion and US$18 billion, respectively. Additionally, the company’s earnings before interest
Mawani records growth in Imported Containers by 16.88% and Cargo Throughput Tonnage by 1.44% in Febr…
RIYADH : The ports supervised by the Saudi Ports Authority ‘Mawani’ have recorded a growth in the statistics of imported containers by 16.88%, reaching 266,672 TEUs, compared to 193,937 TEUs in 2023. They also