Red Sea attacks add urgency to alternate Mideast trade route
NEW DELHI : The volatile situation in the Red Sea increases the need for an alternate trade corridor to ship goods from India to Europe, India’s ambassador to the United Arab Emirates said. India
CMA CGM and Nike forge agreement for sustainable shipping solutions
MARSEILLE : Nike, a global leader in the apparel and sportswear sector, has recently forged an agreement with French ocean carrier CMA CGM to purchase eco-friendly biofuel for a part of its maritime shipping
Hong Kong Air Cargo announces E-commerce route to Riyadh
HONG KONG : Hong Kong Air Cargo announced a new E-commerce route, enhancing connectivity between Hong Kong and Riyadh, Saudi Arabia. The latest addition includes two weekly all-cargo flights, operated with an Airbus A330-200F
Nitin Gadkari lays foundation for 10 National Highway projects
NEW DELHI : Union Minister of Road Transport & Highways Shri Nitin Gadkari on Friday laid the foundation stone of 10 National Highway projects in Jaunpur, Uttar Pradesh. These projects, valued at Rs 10,000
Mahindra Logistics Limited expands its fulfilment operations in Bengal
KOLKATA : Mahindra Logistics Ltd is embarking on an expansion journey in West Bengal, bolstering its presence in the Eastern region with the inauguration of its third fulfilment centre in Malda. Covering an extensive
Transindia Real Estate signs deal to sell logistics park in Gurgaon for Rs 636.71 cr
MUMBAI : Transindia Real Estate Limited, an Allcargo Group company has signed a definitive agreement to sell its logistics park at Jhajjar in Haryana at an enterprise value of approximately Rs 636.71 crore. The
EFL 3PL expands operations in India with the launch of flagship distribution center in Mumbai
MUMBAI : EFL 3PL, a subsidiary of EFL Global announced the launch of its flagship Grade A warehousing facility in the vibrant Bhiwandi region of Mumbai. This strategic expansion, with an investment of USD 5Mn, marks a significant milestone in EFL 3PL’s
Maersk issues warning on prolonged Red Sea disruptions, supply chain challenges
COPENHAGEN : Maersk, a key player in the global shipping industry, has issued a cautionary note, indicating that disruptions to container shipping through the Red Sea may extend into the second half of the