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May 9, 2024

E-Way Bill generation dropped to 9.66 crore in April

Trade, Business, COMMERCE, Economy, Trending News
NEW DELHI : After recording all-time high number in March, E-Way Bill generation dipped to 9.66 crore in April. This could have some impact on Goods and Services Tax (GST) collection number for May, which will be made
May 9, 2024

Sugar producers seek export resumption as output is likely to outdo demand

EXPORT, Trade, Trending News
NEW DELHI : Expecting this sugar season’s (September 2023 – October 2024) output to exceed demand, India’s sugar producers are demanding 20 lakh tonnes be allowed to be exported. The Indian Sugar and Bio-Energy
May 9, 2024

Colombo Plan seeking greater collaboration in maritime and logistics sector

Global Trade, Economy, Trending News
COLOMBO : The Indian High Commissioner to Sri Lanka Santosh Jha met with Dr. Benjamin P. Reye -, Secretary General of Colombo Plan and Rohan Masakorala – Lead Consultant of the Port of Colombo
May 9, 2024

6th WCO Global AEO Conference opens in Shenzhen, China

Customs, Economy, Global Trade, Trending News
SHENZHEN : On 8 May 2024, the 6th WCO Global AEO Conference was launched in Shenzhen, China, by the Secretary General of the World Customs Organization (WCO), Mr. Ian Saunders. This event, themed “Harnessing
May 9, 2024

MSME highlight their biggest pain points and preferences, reveals Borzo data

Logistics, Business, COMMERCE, Economy, Trade, Trending News
MUMBAI : At the heart of the Indian economy lies the Micro, Small, and Medium-Sized Enterprises – MSME segment, playing a vital role in India’s overall GDP as a driving force of growth and
May 9, 2024

ShipFlex from Locus expands Global Carrier Network to over 160 Carriers, enhancing Multi-Carrier Parcel Management capabilities

Logistics, COMMERCE, Company, Trade, Trending News
MUMBAI : Locus.sh, a global AI-powered integrated logistics management SaaS company, announced its global carrier network for ShipFlex (its innovative multi-carrier parcel management solution) now has over 160 carriers. This significant expansion reflects ShipFlex’s continued commitment
May 9, 2024

Container ship deliveries hit new YTD record of 1m TEU : BIMCO

Container, International Shipping, Logistics, Maritime, Shipping Line, Trade, Trending News
LONDON : “In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already
May 9, 2024

ClassNK releases report ‘ClassNK Alternative Fuels Insight‘

International Shipping, Maritime, Shipping Line, Trending News
TOKYO : ClassNK has released the report ‘ClassNK Alternative Fuels Insight,’ which summarizes the characteristics and latest trends of alternative fuels to support our customers’ future fuel selection. Amidst the pressing need for society-wide
May 8, 2024

Vadhavan Port: Japan International Cooperation Agency expresses interest in funding Rs 76,000 Crore Project near Mumbai

Maritime, Ports, Shipping, Trade, Trending News
MUMBAI : The Japan International Cooperation Agency (JICA) has initiated discussions with the Jawaharlal Nehru Port Authority (JNPA) regarding financing for the ambitious mega port project proposed at Vadhavan in Maharashtra. This marks the
May 8, 2024

Rail freight grows at 1.4% in April ; coal cargo rises by 6.3%

Logistics, Railway, Trending News
NEW DELHI : Indian Railways in April rang up a tepid 1.45 per cent growth rate in its freight volumes, transporting 128.29 million tonnes of goods, according to government officials. While coal freight rose
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