Kerala offers investment subsidy for logistics parks, unveils draft policy
KOCHI : Kerala Industry Minister Shri P Rajeeve has released the Draft Logistics Policy, announcing an investment subsidy of up to ₹7 crore for logistics parks in the State. According to the proposal, a
Integration into the DACHSER Food Logistics network begins
KEMPTEN : Frigoscandia AB is a wholly owned subsidiary of DACHSER and thus part of the logistics provider’s Food Logistics network. This also marks the start of the Scandinavian company’s full integration into the
DP World launches multimodal service ‘SARAL-2’ connecting Chennai to Delhi-NCR
CHENNAI : DP World, a leading global provider of smart end-to-end supply chain solutions, announced its multimodal service ‘SARAL-2’, connecting Chennai to the National Capital Region under the ‘SARAL’ initiative. This service is the
Maersk raises freight rates to US, Canada from India and West Asia
COPENHAGEN : Maersk has announced a rate increase of $1,000 per container to the US and Canada ports from March 2. The increase is applicable to cargo originating from India and West Asia, and
CMA CGM climbs to the top of Schedule Reliability in January 2024
COPENHAGEN : Sea-Intelligence has released the 150th edition of the Global Liner Performance (GLP) report, featuring schedule reliability data up to and including January 2024. Amidst the ongoing Red Sea crisis, global schedule reliability
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