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IATA, Eurofins Partner To Boost Travel With Testing

Chennai: Port Wings News Network: The International Air Transport Association (IATA) announced an agreement with Eurofins to incorporate its worldwide COVID-19 testing network into IATA Travel Pass. Eurofins is a leader in bio-analytical testing with 800 laboratories across 50 countries. As part of the partnership, Eurofins’ dedicated COVID-19 portfolio encompassing …

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Domestic Road Transportation Sector Rebounds, To Grow By 10-12% In FY2022; Outlook Revised To ‘Stable’ From ‘Negative’: ICRA

Chennai: Port Wings News Network: The Indian logistics sector has witnessed a significant sequential recovery after experiencing severe disruption in Q1 FY2021, on account of the nation-wide lockdown. This had created demand-side and supply-side challenges which eased in subsequent months   as economic activity recovered. As per ICRA note, as lockdown-related …

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JNPT Inaugurates Inter Terminal Route

Mumbai: Port Wings News Network: In a major push and with a vision to achieve seamless trade, new Inter Terminal Route connecting BMCT Terminal with all the other four Container Terminals of JNPT was inaugurated at Jawaharlal Nehru Port Trust (JNPT), India’s premier container port on 27 March. The Inter …

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Gateway Distriparks Group Merger & Amalgamation Process On Track

Mumbai: Port Wings News Network: Gateway Distriparks Limited (GDL) had announced an amalgamation scheme between GDL and its subsidiaries Gateway Rail Freight Limited and Gateway East India Private Limited in September 2020. Now, both NSE and BSE have conveyed their “No-objection” on 12 March, 2021 enabling the Company to go …

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January Air Cargo Demand Recovers to pre-COVID Levels: IATA

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released January 2021 data for global air cargo markets showing that air cargo demand returned to pre-COVID levels (January 2019) for the first time since the onset of the crisis. January demand also showed strong month-to-month growth over December …

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