Ocean freight rates in rough waters on congestion, Red Sea crisis
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the global supply chain, causing container prices
Bridging East & West, Russia’s Buddy Kazakhstan key player to boost Global Trade via ‘Middle Corridor’
The European Union and Kazakhstan have been partners since the implosion of the Soviet Union in 1991. The two sides signed an Enhancement Partnership and Cooperation Agreement (EPCA) in 2015, which cemented their bilateral
ECU Worldwide of Allcargo Logistics, partners with ShipBob for freight services
MUMBAI : ECU Worldwide, a wholly-owned global subsidiary of Allcargo Logistics, on Thursday said it has partnered with ShipBob to offer its ocean and air freight services to the latter’s receiving hubs and fulfilment
Praveen Kumar selected as MD for DFCCIL
NEW DELHI : The Public Enterprise Selection Board (PESB) on Wednesday selected Praveen Kumar for the post of Managing Director, Dedicated Freight Corridor Corporation of India Limited; a Schedule ‘A’ Central PSU. A total four people were
Cargo volume to grow up to 8% along with Ports, Roads and Airports to get major investment boost in India
NEW DELHI : The cargo volumes in India are expected to grow 6-8 per cent in the current fiscal year on the back of healthy growth in the container and coal segments, amid increased
Largest multi-modal cargo hub of India’s at Noida Airport to be finished by November
NOIDA : The work for building the integrated multi-modal cargo hub (MMCH) at Noida International Airport is in full swing and expected to be ready by November end this year. “The work on the multimodal cargo hub
Logistics technology provider Pidge joins govt-backed ONDC
GURUGRAM : Logistics technology provider Pidge recently announced that it has joined the Government-run Open Network for Digital Commerce (ONDC). The collaboration aims to accelerate e-commerce growth, particularly focusing on hyperlocal and same-city deliveries across India. By utilizing
Mahindra & Mahindra to launch seven new LCVs by 2030
MUMBAI : Mahindra & Mahindra (M&M) plans to significantly expand its light commercial vehicle (LCV) portfolio, aiming to launch seven new models by 2030. This initiative focuses on the underserved multi-fuel, large (1.7-2 tonnes)