Adani group sells a part of its stake in Snowman Logistics
Adani Logistics Ltd, a part of the diversified Adani group, has sold almost a fourth of its stake in Snowman Logistics Ltd. Adani Logistics had acquired the stake through an
Narendra Modi and Sheikh Hasina likely to inaugurate Trans-border rail service after 55 years betwee
In a decision that will have huge geopolitical implications, India and Bangladesh have decided to resume Trans-border railway connectivity between Haldibari in West Bengal and Chilahati located across
Honda two-wheelers India makes logistics gains with inland waterway route in Gujarat
Honda Motorcycle & Scooter India (HMSI) today announced that the company has adopted the inland waterway route in Gujarat to transport its newly-produced two-wheelers. HMSI despatched its first
Freight forwarders fed up with excess costs passed on by container shipping lines
The news that a leading container shipping line is introducing an ‘Emergency Space Surcharge’ (ESS) on services from South East India ports to the North Continent, the Mediterranean,
Trade imbalance causes container shortage; freight rates hit the roof
Container shortage in India due to the uneven import-export scenario is taking costs through the roof for both, shipping lines as well as the importers and exporters. “Freights
Bain Capital in talks to invest Rs 1,500 crore in JM Baxi Group
Global private equity fund Bain Capital is in advanced talks with JM Baxi Group to invest up to 1,500 crore ($ 200 million) in exchange for a 30%
DP World Cochin records highest ever Monthly Volumes
COCHIN: Global logistics company DP World operated International Container Transshipment Terminal (ICTT) at Cochin has consistently surpassed monthly volumes of over 60,000 TEUs in the past three months.