Allcargo Gati launches State-of-the-Art Logistics Hub in Bengaluru
HOBLI : Allcargo Gati Ltd formerly known as GATI, has unveiled a cutting-edge Surface Transhipment Centre and Distribution Warehouse (STCDW) in Mayasandra, Hobli, on the outskirts of Bengaluru, Karnataka. Positioned strategically just 5.5 km from NH
Commerce Ministry ropes in E-comm players to propel districts as export hubs
NEW DELHI : In its push for Micro, small and medium enterprises (MSMEs) and as part of efforts to boost e-commerce exports from the country, the Directorate General of Foreign Trade (DGFT) under the commerce and
Anish Shah of Mahindra Group is the next FICCI President
NEW DELHI : Mahindra Group’s Chief Executive Officer (CEO) Anish Shah has been appointed as the President of Federation of Indian Chambers of Commerce and Industry (FICCI). The industry body announced his appointment on Friday. Shah
Carriers on India-US Trade attempt higher rate hikes for December
MUMBAI : Container carriers serving India-US Trades seem to have regained some strength to attempt higher rate increases amid promising export trade indications. CMA CGM has doubled the amount of a previously announced peak
CMA CGM, new Panama surcharges
MERSEILLE : CMA CGM is the first major carrier to announce a new surcharge on shipments going through the Panama Canal. The shipping company has been forced to take this decision due to continuous
Hapag-Lloyd CEO optimistic that shipping markets will rebalance
HAMBURG : Global shipping markets, which are due to add more capacity than anticipated demand will support, have a good chance of rebalancing within two years, said the Chief Executive of Germany’s Hapag-Lloyd to the
Govt should cut import tax on goods to lessen need for export schemes : GTRI
NEW DELHI : Reducing import duties on inputs and capital goods could help the government cut down the need for many of the existing export schemes, think tank GTRI said on Friday. This would be
Paper imports jump 43% in H1 of FY24 : IPMA
CHENNAI : Following a 25% jump in FY23 in volume terms, India’s paper imports have further gone up by a staggering 43% in the first half of FY24, reveals data released by DGCI&S. The massive growth
