Varuna Group to construct 30 warehouses over five years
GURUGRAM : Varuna Group, a Gurugram-based third-party logistics warehousing firm, wants to invest around Rs 500 crore to set up 30 ‘Grade A+’ warehousing facilities across the country
DP World near deal to build Bangladesh’s largest rail ICD
DUBAI : Talks between UAE-based DP World and the government of Bangladesh are advancing regarding the construction of Bangladesh’s largest rail container depot in Gazipur district, close to
Kerry Logistics Network announces double-digit profit growth in H1
Kerry Logistics Network (KLN) has announced its interim financial results for the six months ended 30 June 2021, presenting improved financial performance. In particular, the Asia-based logistics company
Hapag Lloyd opens new quality service center in Vietnam
HAMBURG : Hapag-Lloyd has announced the establishment of a new Quality Service Center (QSC) in South-East Asia as part of its Strategy2023 ambition “to become number one for
MSC to push up European rates in September
GENEVA : The Swiss shipping line MSC will implement new rate increases for shipments in Europe that will take effect in September. Firstly, the Geneva-based carrier will rise
AI’s role in revolutionising the logistics in the post-pandemic era
Soham Chokshi, Founder and CEO, Shipsy shares insights on how AI helps tackle the logistics challenges posed by COVID-19 by bringing visibility to the entre supply chain Implementing Artificial intelligence
Sustainable shipping initiative EcoClipper announces first local agent for the Asia-Pacific region
ALKMAAR : EcoClipper has partnered with Wachter Oriental, trade facilitators and merchants, to represent the sail cargo company in India and the South Pacific. Wachter Oriental will become
Digital container release with a blockchain option for German Ports
A new platform called “German Ports” will offer digital release for import containers with a blockchain option. German IT providers and port community system specialists DAKOSY AG and
Indian exporters boxed in by container crunch as rates rise to $7,000-10,000 in a fortnight
NEW DELHI : Indian exporters throughout merchandise — from attire and agricultural commodities to client electronics and furnishings — are looking at a hunch in exports due to a worldwide scarcity
Discussions on FTAs with several countries progressing fast: Piyush Goyal
NEW DELHI : Highlighting the role that traders play, Commerce Minister Shri Piyush Goyal said that they are “the twin pistons powering the economic growth engine of the