December 29, 2025
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Mawani, CMA CGM Group launch $129 million logistics park at Jeddah Islamic Port

November 17, 2023 International Shipping, Foreign Ports, Logistics, Logistics Park, Trade, Trending News, Warehousing
RIYADH : The Saudi Ports Authority ‘Mawani’ and CMA CGM on Wednesday launched a new logistics park at Jeddah Islamic Port, with a total area exceeding 130,000 square metres and an investment value nearing

MSC and Ferrovie dello Stato Italiane sign MoU on development of Intermodal Hubs across Italy

November 17, 2023 International Shipping, Logistics, Shipping Line, Trade, Trending News
GENEVA : MSC and FS Italiane have agreed to form a new company specializing in intermodal transport and logistics, to design, build and operate new cargo terminals at sites controlled by the two groups

Bolloré Logistics and Sarcona to use electric truck for the last mile delivery in New York

November 17, 2023 Logistics, Company, Trade, Transport, Trending News
NEW YORK : Bolloré Logistics and its partner Sarcona will launch a new sustainable logistics service with the commissioning of an electric truck to deliver the last mile between New Jersey and New York

cargo-partner joins United Nations Global Compact

November 17, 2023 Logistics, Company, Global Trade, Trade, Trending News
NEW YORK : Global transportation and logistics provider cargo-partner has joined the UN Global Compact, a United Nations project that encourages businesses throughout the world to adopt and report on sustainable and socially responsible

Regional Dialogue for India-Pacific 2023: FM Sitharaman calls India-Middle East-Europe Corridor “pro…

November 16, 2023 Logistics, Business, COMMERCE, Economy, Global Trade, Ports, Trade, Transport, Trending News
NEW DELHI : At the Indo-Pacific Regional Dialogue 2023 on November 15 here, Union Finance Minister Smt Nirmala Sitharaman declared the “promising prospects” of the India-Middle East-Europe Connectivity Corridor (IMEC). Sitharaman explained in detail

CWIT first phase likely to be operational by Dec 2024 : Karan Adani

November 16, 2023 Ports, Company, Container Terminal, Logistics, Trending News
COLOMBO : The first phase of Colombo West International Terminal (CWIT) is likely to be operational by December 2024, Adani Ports and Special Economic Zone (APSEZ) Whole Time Director and CEO Mr. Karan Adani

Railways set to cross 1.5 lakh crore on freight push

November 16, 2023 Logistics, Railway, Trending News
NEW DELHI : Indian Railways’ revenue is set to cross Rs 1.5 lakh crore on Wednesday, a day after earnings from freight hit the Rs 1 lakh crore mark. While overall revenues climbed 6.5%

DFCCIL opens bids for 2 multi-modal cargo terminals under GatiShakti

November 16, 2023 Logistics, Trending News
NEW DELHI : State-run Dedicated Freight Corridor Corporation of India Limited (DFCCIL) opened bids for the development of two cargo terminals under GatiShakti on Tuesday — one at New Marwar station in Pali district

ZIM reports over US$2.2 billion loss in third quarter

November 16, 2023 International Shipping, Logistics, Shipping Line, Trade, Trending News
HAIFA : Israeli container line ZIM has announced a net loss of US$2.27 billion in the third quarter of the year, while the company achieved a US$1.66 billion net income in the same period

Box volumes grow at Saudi Ports in October

November 16, 2023 Foreign Ports, Logistics, Shipping, Trending News
RIYADH : For October 2023, the Saudi Ports Authority (Mawani) announced a 5.31% growth in container handling throughout its ports. A total of 741,905 TEUs were handled, translating to an increase over the 704,486 TEUs
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