100-acre logistic parks to come up in Krishnapatnam, Kakinada
VIJAYWADA : Andhra Pradesh Industries Minister Mekapati Goutham Reddy said, two multi-modal logistics parks will be set up in the state. The logistics parks are expected to come up in about 100 acres of
Jeena and Company and Hermes Germany enter into a partnership
MUMBAI : Leading logistics and supply chain company Jeena & Co. and German-based Hermes World have come together in a strategic and exclusive partnership, where Hermes will represent Jeena in Germany and Jeena will
35 MMLPs to be developed under PPP
NEW DELHI : The Cabinet Committee on Economic Affairs (CCEA) had mandated the Ministry of Road Transport and Highways (MoRTH) to develop 35 Multi-Modal Logistics Parks (MMLP) across the country. As part of it,
Bokaro Steel purchases first freight train
BOKARO : The steel giant Bokaro Steel Plant (BSL) purchased its first goods train (rake) for the transport of iron ore. The entire train of 59 wagons costs around Rs 20 crore. The company
New trade data exchange to allow better tracking of cargo, optimise supply chain logistics
SINGAPORE : Logistics and shipping firms will be able to securely share more data on the movement of goods when a new trade data exchange is rolled out in 2022, enabling them to optimise operations.
ESR India to invest around Rs 300 crore on industrial and logistics park in Gujarat
NEW DELHI : ESR India will invest about Rs 300 crore to develop an industrial and logistics park in Gujarat as part of its expansion plan. ESR is a leading industrial and logistics real estate platform
Pakistan’s first company joins TradeLens
Al-Hamd International Container Terminal (AICT) has been the first inland depot operator in Pakistan to join TradeLens, a blockchain-powered digital container logistics. TradeLens is an open and neutral industry platform developed by Maersk and
Maersk changes the logistics landscape in Bulgaria and launches intermodal weekly service connecting…
Sofia, Cargo transport in Bulgaria is highly dominated by road. In the mid-2000s, railways remained a major mode of freight transportation, but with increasing problems with the maintenance of the infrastructure and lowering speeds, highways