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
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
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
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
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
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
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%
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
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
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