Logistics sector expects Union Budget 2023 to announce policies for transport sector
India freight transportation sector is rapidly growing to ensure demand is met for the rising number of consumers. As per NITI Ayog, India is presently transporting ~4.6 billion tonnes of freight annually, generating transport
Shipping Giants suspend bookings due to China’s strict port quarantine
Global shipping giants have told customers they are temporarily halting some bookings due to a suspension of service by feeder operators in southern China Analysts say weeks-long suspension of services is likely to have
Positivity flows around trade prospects
Maritime trade is predicted to increase by 4.3% in 2021 and the medium-term outlook is positive, according to the latest annual UNCTAD Review of Maritime Transport. However, the compound annual growth in maritime trade
Specific colour coded tokens for city bound trucks
KOLKATA : Transport Minister Firhad Hakim on Monday met police officers and gave sanction to the idea of issuing tokens for Kolkata Port-bound trucks as they will now need a destination-specific colour coded token
Vietnam-Malaysia-India container shipping route to be inaugurated
SINGAPORE : The Vietnam Maritime Corporation (VIMC) announced on November 23 that it will inaugurate a container shipping route linking Vietnam, Malaysia and India on November 25. A VIMC representative said the route is
RÖHLIG India trusted to offer secure logistics solution for third year running
MUMBAI : Last month marked the third year in a row that one of our valued customers has trusted in Röhlig India to transport highly confidential printed material from India to the capital city of Lusaka, Zambia. Since
PSA signs statement of support to accelerate decarbonisation of the freight industry
SINGAPORE : As a member of the World Economic Forum (WEF) Supply Chain & Transport CEO community, PSA has signed a statement of support committing to the joint effort in decarbonising the freight industry,
Police, RTO add to India’s logistics costs
NEW DELHI : Gujarat has topped the ranking of states on ease of logistics, and was followed by Haryana and Punjab, but frequent stoppages by police and transport authorities were cited as a major