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June 15, 2024

Praveen Kumar selected as MD for DFCCIL

DFC, Infrastructure, Logistics, Trade, Trending News
NEW DELHI : The Public Enterprise Selection Board (PESB) on Wednesday selected Praveen Kumar for the post of Managing Director, Dedicated Freight Corridor Corporation of India Limited; a Schedule ‘A’ Central PSU. A total four people were
June 15, 2024

DPIIT organizes Workshop with Flipkart and Indian Toy Industry

Trending News, Business, COMMERCE, Economy, Export - Import, Trade
NEW DELHI : In line with the objective of providing an impetus to the growing Indian toy sector, DPIIT organised a “Workshop with Flipkart and Indian Toy Industry” here, which played a pivotal role
June 15, 2024

Cargo volume to grow up to 8% along with Ports, Roads and Airports to get major investment boost in India

Logistics, Infrastructure, Ports, Transport, Trending News
NEW DELHI : The cargo volumes in India are expected to grow 6-8 per cent in the current fiscal year on the back of healthy growth in the container and coal segments, amid increased
June 15, 2024

Largest multi-modal cargo hub of India’s at Noida Airport to be finished by November

Logistics, AIR LOGISTICS, Airports, Trending News
NOIDA : The work for building the integrated multi-modal cargo hub (MMCH) at Noida International Airport is in full swing and expected to be ready by November end this year. “The work on the multimodal cargo hub
June 15, 2024

TMS launches programme for 2024 Tanker Conference

Tanker, International Shipping, Trending News
DUBAI : The Maritime Standard is launching the programme for the 2024 edition of its well established Tanker Conference, now in its 9th year, which will take place on Thursday, 7th November at the
June 15, 2024

Logistics technology provider Pidge joins govt-backed ONDC

Logistics, COMMERCE, Company, Digitalisation, Trade, Trending News
GURUGRAM : Logistics technology provider Pidge recently announced that it has joined the Government-run Open Network for Digital Commerce (ONDC). The collaboration aims to accelerate e-commerce growth, particularly focusing on hyperlocal and same-city deliveries across India. By utilizing
June 15, 2024

Mahindra & Mahindra to launch seven new LCVs by 2030

Logistics, Electric Vehicles, Transport, Trending News
MUMBAI : Mahindra & Mahindra (M&M) plans to significantly expand its light commercial vehicle (LCV) portfolio, aiming to launch seven new models by 2030. This initiative focuses on the underserved multi-fuel, large (1.7-2 tonnes)
June 15, 2024

Container spot rate growth set to rise further and ocean container shipping market will remain extremely challenging

International Shipping, Container, Export - Import, Logistics, Trade, Trending News
OSLO : Ocean freight container shipping spot rates are set to increase further, but growth may be slowing, according to ocean freight rate benchmarking firm Xeneta. Xeneta data indicates average spot rates from the
June 15, 2024

GAC to acquire Quadrant Pacific’s ship agency business

Logistics, International Shipping, Trade, Trending News
TAURANGA (NEW ZEALAND) : GAC Group, a leading provider of shipping, logistics and marine services in the Asia-Pacific market, has entered into an agreement with Quadrant Pacific to acquire its agency business, formerly its
June 15, 2024

Malaysia to build port near Kuala Lumpur amid supply chain shift

Foreign Ports, Maritime, Trending News
KUALA LUMPUR : Malaysia will build a $425 million AI-powered container port near Kuala Lumpur to meet the changing demands of the supply chain and improve the quality of logistics services. Malaysia will build
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