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May 16, 2023

Dedicated Freight Corridor : A faster lane for India’s freight transport

Logistics, Trending News
NEW DELHI : The Indian logistics sector has a reason to cheer. The exim cargo movement in India is getting cost-competitive, faster and predictable giving much-needed certainty for the trade, thanks to the Dedicated
May 16, 2023

India’s overall exports in April 2023 estimated at USD 65.02 billion; a positive growth of 2 percent.

Export - Import, Trade, Trending News
NEW DELHI : India’s overall exports (Merchandise and Services combined) in April 2023* is estimated to be USD 65.02 Billion, exhibiting a positive growth of 2.00 per cent over April 2022. Overall imports in
May 16, 2023

April 2023 exports show positive growth, however order bookings for festival and New Year season remains the key for its renewed growth : FIEO President

EXPORT, Trending News
NEW DELHI : Reacting to the April, 2023 overall (goods & services) export figures, FIEO President, Dr A Sakthivel said that starting the new financial year 2023-24 on a positive note with US$ 65.02
May 16, 2023

India trade deficit in April falls to lowest in 21 months

Export - Import, Trade, Trending News
NEW DELHI : India’s merchandise and services trade deficit fell to a 21 month low in April partly due to lower oil imports, a senior government official said on Monday. The merchandise and services deficit fell to $1.38 billion compared with
May 16, 2023

India’s exports to EU & US grow but Asia and Africa suffer in FY23

EXPORT, Trending News
NEW DELHI : India’s Merchandise Shipments to certain Asian and African regions contracted in FY23, thus weighing on overall growth in exports. There was growth in exports to the European Union and the US,
May 16, 2023

Rahul Pillai & Transworld International floats new venture disrupting Indian Relocation Market

Logistics, Trade, Trending News, warehouse
BANGALORE : Rahul Pillai, the former CEO of Interem Relocations for India and Middle East, which is a subsidiary of the 200 million-dollar Freight Systems Group, has unveiled the plans to join hands with
May 16, 2023

Nestlé India takes green steps with LNG-powered fleet from GreenLine

Logistics, Trending News
MUMBAI : Nestlé India, in partnership with GreenLine, pioneers of LNG-fuelled heavy trucking logistics in India, has taken one more step towards a sustainable future with an LNG-powered fleet. The partnership will help reduce
May 16, 2023

30 countries now ready to accept BRICS currency

Trade, Business, COMMERCE, Trending News
SHANGHAI : A growing number of countries are showing interest to join the BRICS Alliance and accept the new currency. BRICS could soon become BRICS+ as the South African Ambassador, Anil Sooklal hinted that
May 16, 2023

DP World inks agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport 

Foreign Ports, Logistics, Maritime, Trade, Trending News
DUBAI : Dubai’s state-owned DP World signed agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport on Friday, to cooperate on automobile industry chain services and logistics. Ningbo-Zhoushan said it will boost the deal as part of
May 16, 2023

A.P. Moller – Maersk expands its warehousing footprint to over half a million sq. ft. in Bangladesh

Logistics, Company, EXPORT, Shipping Line, Trade, Trending News, warehouse
DHAKA : A.P. Moller – Maersk (Maersk) on Monday announced the expansion of its warehousing footprint in Chattogram. Commissioned in cooperation with ISATL, Maersk has embarked on the second phase of its partnership with ISATL, which
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