Indian Railways’ aggressive plan to increase auto freight to impact road logistics
With Indian Railways (IR) chalking out well-laid plans for increasing its market share in freight transport from 28 percent to present to 44 percent in the long term, it is likely to impact the
Surging shipping rates pose new headwind for the global economy
Just a few weeks ago, the bottlenecks at ports from Singapore to Los Angeles and Rotterdam were looking like short-term headaches and added costs during peak season. Now they’re threatening to act more like
CBIC notifies Waiver of Bank Guarantee for Transhipment of Import & Export Cargo via Sri Lanka and Bangladesh
NEW DELHI: The Central Board of Indirect Taxes and Customs (CBIC) notified the waiver of Bank Guarantee for Transhipment of Import & Export Cargo via Sri Lanka and Bangladesh. The CBIC has received the
Höegh provides expert solution for critical breakbulk equipment
Höegh provides expert solution for critical breakbulk equipment When Om Freight Forwarders needed support to transport critical components in the oil and gas industry quickly and safely from India to Colombia, they turned to
PSA International handles 86.6 mn TEUs in 2020
SINGAPORE: PSA International Pte Ltd (PSA) handled 86.6 million Twenty-foot Equivalent Units (TEUs) of containers at its port projects around the world for the year ending 31 December 2020. The Group’s volume increased by
Road, rail connectivity for Vizhinjam progressing
Minister for Ports, Museums and Archaeology Kadannappally Ramachandran has said that the development of allied infrastructure, including road and rail connectivity, for the Vizhinjam International Seaport project is progressing. He informed the Assembly on
ICC International Maritime Bureau highlights benefits of joining IMB NVOCC Register
The ICC International Maritime Bureau (IMB) is inviting non-vessel owning common carriers or NVOCCs to sign up to its IMB NVOCC Register. NVOCCs that do so stand to benefit from being recognised as adhering
FM Logistic bags Pepperfry contract to manage fulfilment operations
Pune-based FM Logistic on Tuesday said it has bagged a contract from home products marketplace Pepperfry to manage its fulfilment operations for the western region. Under the contract, besides carrying out warehousing operations at