June 10, 2026
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With logistics costs now in single digits, Rajesh Menon of DPIIT Logistics Division says focus must shift to speed, execution and multimodal efficiency

June 8, 2026 Organisation, Infrastructure, Logistics, Trade, Transport, Trending News
NEW DELHI: India’s logistics costs have moved into the 8 to 9 per cent range of GDP, but further gains will depend on moving goods faster and making multimodal transportation work more effectively on

APEDA facilitates first export of fresh mangoes from Jharkhand to UK

June 8, 2026 EXPORT, Business, COMMERCE, Global Trade, Trade, Trending News
KOLKATA : In a significant development for agricultural exports from Jharkhand, the Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, flagged off the first commercial consignment

Delhi–Siliguri Bullet Train announced: Via Lucknow, Varanasi and Patna, travel time to drop from 20 hours to 6

June 8, 2026 Railway, Business, Infrastructure, Trade, Trending News
NEW DELHI : Announcing a wave of rail infrastructure plans for West Bengal, Railways Minister Shri Ashwini Vaishnaw on Saturday (6 June) unveiled a bullet train project linking Delhi with Siliguri, the gateway to

‘No hope’: Indian crew stranded off Turkey for months

June 8, 2026 Maritime, Global Trade, International Shipping, Trade, Trending News
In a message sent to AFP, the stranded crew members said they were losing hope after 10 months trapped on board the Mongolia-flagged AZRA C that has been moored in the Sea of Marmara

Middle East conflict, fuel price surge to halve global airline profits in 2026: IATA

June 8, 2026 Air cargo, AIR LOGISTICS, Export - Import, Logistics, Trade, Trending News
RIO DE JANERIO: Global airline industry profits are expected to halve in 2026 as the conflict in the Middle East and a sharp rise in jet fuel prices weigh heavily on carriers worldwide, according

Iran lawmaker says ships pay up to $2 million to cross Hormuz

June 8, 2026 International Shipping, Foreign Ports, Maritime, Maritime safety, Maritime Security, Shipping Line, Trade, Trending News
TEHRAN: Iran currently receives an average of $1.5 million to $2 million from each ship passing through the Strait of Hormuz, Mohsen Zanganeh, a member of parliament’s budget and planning committee, told IRGC-linked Fars

Iran says Strait of Hormuz to be managed jointly with Oman under international law

June 8, 2026 International Shipping, Global Trade, Maritime, Trending News
TEHRAN : Iran and Oman will jointly manage the Strait of Hormuz in line with international law, said Iranian Foreign Minister Abbas Araghchi on Thursday. In remarks carried by Iran’s state broadcaster IRIB citing

US forces shoot down two Iranian attack drones in Strait of Hormuz amid fresh escalation

June 8, 2026 Export - Import, Foreign Ports, International Shipping, Maritime, Maritime Security, Navy, Ocean Attack, Seafarers, Shipping Line, Trade, Trending News
FLORIDA: The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the Strait of Hormuz, according to an official statement by the

Middle East Crisis: Why Are Freight Rates Rising in Waves and what’s next? Xeneta Chief Analyst Answers

June 8, 2026 Export - Import, Business, COMMERCE, Container, Container Shipping, Logistics, MSME, Shipping, Shipping Line, Trade, Trending News
OSLO: Latest data shows containerized imports into the Middle East collapsed in the month immediately following the escalation of conflict at the end of February, down 64% in March year-on-year. Exports from the region

Container freight market tightens as carriers impose new surcharges and GRIs

June 8, 2026 International Shipping, Container, Global Trade, Logistics, Supply Chain, Trade, Trending News
Global shipping markets remained under significant pressure at the beginning of June 2026 as continued disruption in the Gulf region matched with an earlier than expected peak- season demand surge. The combination of heightened
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