SINGAPORE : PSA International has signed an agreement to buy 75% of the shares of privately held ALISAN Logistics through its wholly-owned subsidiary, PSA-BDP Turkey Supply Chain Solutions. ALISAN is a Turkish logistics firm
NEW DELHI : The central government’s PM Gatishakti National Master Plan (NMP) platform has over 1,450 data layers mapped onto it by various ministries and departments of the central and state governments for integrated
NEW DELHI / MOSCOW : India and Russia are discussing a free trade agreement (FTA) India’s Foreign Minister S. Jaishankar said on Monday, a move that would further deepen bilateral commercial ties that have
HUBBALLI ; VRL Logistics plans to expand its fleet size to approximately 7,200 trucks by the next financial year, following its latest order of 1,560 trucks. Currently, it has around 5,700 trucks. In line
MUMBAI : Hapag-Lloyd on Wednesday successfully completed its acquisition of 40% shareholding in the J M Baxi Ports & Logistics Limited (JMBPL) previously approved by the relevant antitrust authority. In January 2023, Hapag-Lloyd had
NEW DELHI : India must bring down the overall cost of logistics to improve its ranking in the ‘ease of doing business’ index. The movement of goods and services through this vast country is
NEW DELHI : PM Mitra Park in Lucknow and Hardoi will help generate employment opportunities for the skilled manpower of Uttar Pradesh, Shri Piyush Goyal, Union Minister of Textiles, Consumer Affairs, Food and Public
NEW DELHI : Under the Bharatmala Pariyojna – the Government of India’s highway development scheme – the National Highway Authority of India (NHAI) has been working on developing the Delhi-Mumbai Expressway, and released a
MARSEILLE : CMA CGM SA has entered exclusive talks to buy Bollore SE’s logistics arm for an enterprise value of €5 billion ($5.5 billion), in a sign shipping billionaire Rodolphe Saade isn’t through with
TOKYO : Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said. The parties are negotiating terms of a potential deal and may reach an