June 11, 2026
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Empty container movements surge by 20% : Sea Intelligence

March 2, 2024 Container, Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
COPENHAGEN : Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements. Empty container volumes, when compared to 2019 levels

FM Nirmala Sitharaman launches Electronic Data Interchange (EDI) at remote Land Customs Stations in North Eastern States

March 1, 2024 Customs, Export - Import, Logistics, Trade, Trending News
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Electronic Data Interchange (EDI) at Land Customs Stations (LCS) of the North East Region (NER), via virtual mode in

Union Minister Pralhad Joshi launches “Coal Logistics Plan and Policy”

March 1, 2024 Logistics, Infrastructure, Railway, Transport, Trending News
NEW DELHI : Union Minister of Coal, Mines and Parliamentary Affairs Shri Pralhad Joshi has launched a groundbreaking initiative, the “Coal Logistics Plan and Policy” organized by the Indian National Committee World Mining Congress

CMA CGM Group finalise Bolloré Logistics takeover

March 1, 2024 Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
SWEDEN : The Bolloré Group and the CMA CGM Group announce the completion of the sale of 100 % of Bolloré Logistics to CMA CGM, it being specified that the transfer of Bolloré Logistics

Freight rates on major Indian trades see downward corrections after January highs

March 1, 2024 EXPORT, International Shipping, Logistics, Shipping, Shipping Line, Trade, Trending News
MUMBAI : After spiking dramatically amid the Red Sea crisis-linked shipping disruption, container freight rates seen on trades out of India have held firm or even declined in some cases in February, month-on-month, according

NICDC and IIT Delhi sign MoU to collaborate on assessment of location optimality for the NICD Programme using PM GatiShakti Portal

March 1, 2024 Trade, Economy, Logistics, Trending News
NEW DELHI : National Industrial Corridor Development Corporation Limited (NICDC) under Department for Promotion of Industry & Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India and the Foundation for Innovation and

Indian Railways started survey work for multi-modal lines connecting economic corridors

March 1, 2024 Logistics, DFC, Railway, Trending News
NEW DELHI : The Indian Railways has begun the survey work on four multi-modal lines to complement the Eastern and Western Dedicated Freight Corridors, which were proposed in the Interim Budget 2024-25. These multimodal lines

NYK Group acquires UK-based delivery platform business for E-Commerce operators

March 1, 2024 International Shipping, Economy, Logistics, Trending News
TOKYO : Recently, International Logistics Group Limited (“ILG”), a U.K. subsidiary of Yusen Logistics Co., Ltd., acquired Noel Topco Limited, a U.K.-based holding company of 10 companies, including Global Freight Solutions Limited (“GFS”). The

FedEx unveils LCL priority service for seamless Asia Pacific-Middle East connections

February 29, 2024 Logistics, Shipping, Terminals, Trending News
MEMPHIS : FedEx Logistics and FedEx Express, subsidiaries of FedEx Corp, are launching the new FedEx Less-than-Container Load (LCL) Priority service, offering a customs-cleared port-to-door and door-to-door solution with a strategic balance of speed

New container line starts operations in Saudi Arabia

February 29, 2024 Export - Import, Foreign Ports, Global Trade, International Shipping, Logistics, Maritime, Shipping, Trade, Trending News
RIYADH : A new shipping company has started operations in Saudi Arabia, called Folk Maritime, offering feeder vessel services and short-sea transportation solutions. Mr. Poul Hestbaek is the first Chief Executive Officer (CEO) of
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