India to pitch for changes to West Bengal Logistics Index
NEW DELHI : India is looking closely at the World Bank’s Logistics Performance Index to identify gaps and pitch for changes while focussing on areas it is lagging in, people familiar with the development said. Officials said the present perception-based methodology captures India’s
Sea-Intelligence sees major short-term impact of Red Sea crisis on container capacity
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are changing daily. The transit times will
Gujarat Govt and DP World sign agreements to strengthen Logistics in Gujarat State
GANDHINAGAR : DP World has signed multiple Memorandums of Understanding (MoUs) worth INR 25,000 crores (INR 250 billion) with the Government of Gujarat, covering the development of new ports, terminals, and economic zones, strengthening
PM Modi holds bilateral meeting with CEO of DP World, Sultan Ahmed bin Sulayem
GANDHINAGAR : Prime Minister Shri Narendra Modi met with the CEO of DP World in Gandhinagar on Jan 09. He held a bilateral meeting with Sultan Ahmed bin Sulayem on the sidelines of the
Red Sea Crisis: Shipping rates from Mundra to US, Europe skyrocket
MUMBAI : The Container Shipping Lines Association, (CSLA) a significant group of foreign container shipping lines in India, currently comprising 24 members, has raised an alarm about a substantial increase in freight rates on
PSA Mumbai celebrating a historic milestone achievement, surpasses 2 million TEUs mark in 2023
MUMBAI : PSA Mumbai, located in Jawaharlal Nehru Port (JNP) in Maharashtra, one of the leading container terminals in India, is proud to announce that it handled over 2 million TEUs in 2023. The
India-US shippers hit by three rounds of hefty rate hikes in January
MUMBAI : Indian shippers are getting flooded with general rate increase (GRI) and peak season surcharge (PSS) notices as container lines attempt to maximise pricing out of the troubled Red Sea waters. MSC has
Indian Railways achieve 6,577 Route Kilometers electrification in the calendar year 2023
NEW DELHI : With a vision of providing eco-friendly, faster and energy-efficient mode of transportation, Indian Railways is marching ahead towards 100% electrification of Broad Gauge tracks. During the calendar year 2023, Indian Railways