US launches fourth round of strikes on Houthi targets in Yemen
WASHINGTON : The US has carried out a fourth round of strikes on Iranian-backed Houthis in Yemen, Pentagon officials confirmed on Wednesday night. Some 14 Houthi missiles, which
Long Beach surpasses 8 million TEUs in 2023
LONG BEACH : The conclusion of 2023 saw the Port of Long Beach (POLB) handle 8,018,668 TEUs, marking a 12.2% decrease from the previous year, but surpassing pre-pandemic
China widens trade highway in South America with new mega port project
BEIJING : In September, a group of Brazilian farmers and officials arrived in the Peruvian fishing town of Chancay. The draw: a new Chinese mega port rising on
Ministry of Textiles approves 11 R&D projects valuing INR 103 Crores across different areas of T
NEW DELHI : The Union Minister for Textiles, Commerce and Industry and Consumer Affairs, Food and Public Distribution, Shri Piyush Goyal, while chairing the 8th Meeting of the
Indian Railways targets Switzerland-like efficiency, gets ready to learn Swiss Railway’s trick
DAVOS : Indian Railways is seeking to take a leaf out Swiss Railways in an effort to try and imbibe some of the legendary clockwork precision of the European nation’s famed
A.P. Moller – Maersk to strengthen its Cold Chain Logistics footprint with a new Cold Store fa
MUMBAI : A.P. Moller – Maersk, the global integrated logistics company, broke ground for its upcoming Cold Store facility at Mehsana, Gujarat, in the western part of India.
JSW Infra setting in motion to acquire Navkar Corp
MUMBAI : JSW Infrastructure Ltd., part of the JSW Group is leading the race to acquire logistics service provider Navkar Corp Ltd. JSW Infra is said to be
Yes Bank becomes first Indian bank to conduct export finance transaction on RXIL’s ITFS platform
MUMBAI : Yes Bank on Wednesday became the first Indian bank to execute an export finance transaction on the International Trade Financing Services Platform (ITFS) of RXIL Global IFSC Limited (RXIL), a leading
Indian Exporters’ suggest to have their own shipping line to avoid hurting the World Trade due
NEW DELHI : Freight rates have skyrocketed by up to 600 per cent due to the Red Sea crisis which would hurt the world trade, say Indian exporters
India says situation in Red Sea ‘matter of concern’, closely monitoring : EAM
NEW DELHI : India on Thursday dubbed the security situation in the Red Sea as a “matter of concern”, adding that it is closely watching the developments in