August 3, 2021
April 1, 2026
August 3, 2021
South Western Railway transports 14 million tonne freight in current fiscal
BENGALURU : The South Western Railway (SWR) transported a record 14 million tonnes of essential freight, including cement, coal, iron ore, and fertilisers from April to July of this fiscal, a zonal official said . “We
August 3, 2021
Bigger ships, more frequent and severe transit delays
When national lockdowns stopped or slowed the flow of goods, the generally efficient maritime shipping industry suddenly had to contend with numerous challenges and supply chain disruptions became common. While the proximate causes varied,
August 3, 2021
IPO-bound Delhivery inks $200 mn deal to acquire rival Spoton Logistics
The logistics startup, backed by marquee investors such as Carlyle, Softbank, and Tiger Global Management has sealed the $200 million deal to acquire a 100% stake in the rival logistics player IPO-bound Delhivery has
August 3, 2021
HCMC port stops receiving bulk cargo amid container pileup
HCMC’s Cat Lai Terminal will not accept certain cargoes until August 16 since containers have piled up and there is little space left, its operator said. Saigon New Port Corporation said it has stopped
August 3, 2021
Taiwan receives delivery of first EMU3000 train from Japan
Taipei : The first of 50 new intercity express trains ordered by the Taiwan Railways Administration (TRA) arrived at Hualien Port from Japan recently and could enter service on the east coast line by
August 2, 2021
Allcargo acquires 65% stake in Swedish logistics firm Nordicon Group
MUMBAI : Allcargo Logistics, the country’s largest integrated logistics player in the private sector,on Friday announced its second large overseas acquisition snapping up a 65 per cent ownership in a USD 44 million joint
August 2, 2021
ONE forecasts $6bn profit for H1
TOKYO : Underscoring the huge turnaround in fortunes for containers shipping financially Ocean Network Express (ONE) booked a profit of $2.56bn for the first quarter ended 30 June 2021. Reporting a 1,432% increase in
August 2, 2021
Stiff target : New Foreign Trade Policy aims for exports of $1 trillion by FY26
NEW DELHI : India will aim to more than double its annual goods and services exports to over $1 trillion by FY26 under the new Foreign Trade Policy (FTP), as it seeks to tailor its policies
August 2, 2021