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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

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...

APEDA facilitates first export of fresh mangoes from Jharkhand to UK

KOLKATA : In a significant development for agricultural exports from Jharkhand, the Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry...

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

NEW DELHI : Announcing a wave of rail infrastructure plans for West Bengal, Railways Minister Shri Ashwini Vaishnaw on Saturday (6 June) unveiled a...

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

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...

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

RIO DE JANERIO: Global airline industry profits are expected to halve in 2026 as the conflict in the Middle East and a sharp rise...

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

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...

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

FLORIDA: The United States military has intercepted and destroyed two Iranian attack drones that posed an immediate hazard to commercial shipping lanes in the...

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

OSLO: Latest data shows containerized imports into the Middle East collapsed in the month immediately following the escalation of conflict at the end of...

Container freight market tightens as carriers impose new surcharges and GRIs

Global shipping markets remained under significant pressure at the beginning of June 2026 as continued disruption in the Gulf region matched with an earlier...

DP World launches Nuclear Energy study at Port of Constanta in Romania

CONSTANŢA /ROMANIA : DP World has signed an agreement with French research organisation Commissariat à l’Energie Atomique et aux Energies Alternatives (CEA) and strategy...
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