NEW DELHI : India’s logistics cost during 2023-24 turned out to be Rs 24.01 lakh crore, or 7.97 percent of the gross domestic product (GDP), according to a statement shared by the Department for
AHMEDABAD: Emirates Shipping Line, Shreenathji Worldwide and Cotton Comfort Friday dispatched its first dedicated block rake from Adani’s Virochannagar Inland Container Depot (ICD) to Mundra Port. The new service offers a direct, uninterrupted rail
WASHINGTON : President Donald Trump announced on Thursday (September 25, 2025) a 100% tariff on branded and patented pharmaceutical imports, effective October 1, 2025, unless companies establish manufacturing facilities in the United States. While
NEW DELHI : India’s government has drafted a proposal to ease foreign investment rules to allow E-commerce companies such as Amazon to buy products directly from Indian sellers and then sell them to overseas
KOCHI: DP World Friday inaugurated a dedicated warehouse facility for Mondelez India in Cochin, further strengthening Mondelez India’s supply chain and distribution capabilities across Kerala. The state-of-the-art facility, designed and operated by DP World,
Global maritime community celebrates “Our Ocean, Our Obligation, Our Opportunity” LONDON: The international shipping industry, which carries over 80% of global trade and uses more ocean space than any other sector, is stepping up
COPENHAGEN: “On the strength of demand in trade lanes not bound for the US, we have increased our ship demand growth forecast for 2025 to 4.5-5.5% while maintaining it at 2.5-3.5% for 2026. We
LONDON: Drewry’s World Container Index decreased 8% to $1,761 per 40ft container this week. The Drewry World Container Index (WCI) fell 8% to $1,761 per 40ft container, marking the 15th consecutive week of decline
MUMBAI: The Federation of Freight Forwarders Associations in India (FFFAI) held its 62nd Annual General Meeting (AGM) on Wednesday in Mumbai. The AGM was graced by distinguished guests: Shri Vimal Kumar Srivastava, Chief Commissioner,
MUMBAI : The Union Minister of Ports, Shipping & Waterways (MoPSW), Sarbananda Sonowal flagged off India’s first fleet of electric heavy trucks with swappable batteries at the Nhava Sheva Distribution Terminal in Jawaharlal Nehru