Logistics

Chennai: Port Wings News Network: Kerry Logistics Network Limited has opened a logistics centre in the Cangzhou Lingang Economic and Technological Development Zone in Hebei province, China under Kerry IMS Chemical Logistics to capture the market potential in chemical logistics. The logistics centre was opened and commenced operation on 8 …

Chennai: Port Wings News Network: Abu Dhabi Ports, part of ADQ, one of the region’s largest holding companies, has signed an agreement with Transportr Ltd to manage its inland container depot (ICD) in Musaffah, provide handling facilities within the ICD and deliver fully inclusive transportation solutions for containers between the …

Mumbai: Port Wings News Network: Global logistics company DP World has started construction of its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai. The Rs 1000 Cr DP World FTZ investment comes under the Hindustan Infralog Private Limited (HIPL) joint venture between DP World (65%) and the …

Chennai: Port Wings News Network: Abu Dhabi Ports on 10 January announced a freeze on rent escalation during 2021 for all businesses in its Industrial Cities and Free Zone cluster, in a move aimed at providing further relief to its customers in KIZAD and ZonesCorp and boosting the Abu Dhabi …

Mumbai: Port Wings News Network: GatewayRail Freight Ltd is proud to be one of the first operators on the Western Dedicated Freight Corridor inaugurated by the Prime Minister Shri Narendra Modi by video conferencing on 7 January 2021. The prime minister flagged off the inaugural double stack formation of two …

New Delhi: Port Wings News Network: Prime Minister Shri Narendra Modi dedicated to the nation the 306 km long Rewari – Madar section of the Western Dedicated Freight Corridor (WDFC) through video conference on 7 January 2021. He also flagged off the Double Stack Long Haul Container Train on this …

Chennai: Port Wings News Network: Cargo at Indian ports has turned positive for the first time after seven consecutive months in October and November 2020, recording a 3% and 1% Y-o-Y growth respectively. During March-September 2020, the Indian port sector has been adversely impacted due to the Covid-19 outbreak and …

Mumbai: Port Wings News Network: Indian low-cost carrier, SpiceJet has announced the signing of a Memorandum of Understanding (MoU) with Pluss Advanced Technologies (PLUSS) for the supply of indigenously developed precise temperature control boxes required of maintaining the effectiveness of the vaccine during transport. According to the MoU, PLUSS will …

Mumbai: Port Wings News Network: Mumbai: Bharat Mumbai Container Terminals Private Limited (BMCT) and Container Corporation of India (“CONCOR”) recently signed a Memorandum of Understanding to launch dedicated shuttle trains running between BMCT and CONCOR’s Rail Transhipment Hubs (RTH) at Kathuwas and Jakhwada to consolidate containers railed between BMCT and …

Chennai: Port Wings News Network: India’s leading digital freight forwarding start-up Freightwalla announced joining hands with TradeLens – a blockchain enabled digital supply chain solution jointly developed by Maersk and IBM. The partnership will enable Freightwalla’s online platform to provide unparalleled visibility and connectivity for shipper’s international shipments. The announcement …

Chennai: Port Wings News Network: Often sea port congestion occurs due to various reasons like failure of equipment, labour unrest, natural calamities etc., In the recent days due to cyclone and incessant rain in Tamil Nadu, the port operations were suspended for some days, vessels not allowed to berth and …

Chennai: Port Wings News Network: Union Minister for Road Transport and Highways Shri Nitin Gadkari inaugurated and laid foundation of 33 NH projects in Karnataka through virtual mode on 19 December 2020. The event was presided over by Chief Minister Shri B S Yeddiyurappa and was attended by former Prime …

Chennai: Port Wings News Network: Worldwide Flight Services (WFS) has partnered with Transputec, a leading managed IT services provider, to boost cyber security monitoring across its global network in support of its commitment to delivering best-in-class safety and security. As its preferred supplier, Transputec will provide round-the-clock protection of WFS’ …

Chennai: Port Wings News Network: To bring more transparency and reliability in import and export shipments, India’s leading digital forwarding startup Freightwalla has partnered with Maersk to offer spot rates on its platform. Inaccuracy and un-reliability were the two significant challenges that are being solved by Freightwalla while providing end-to-end …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released October data for global air freight markets showing that air cargo demand continued to improve but at a slower pace than the previous month and remains below previous year levels. Global demand, measured in cargo tonne-kilometers (CTKs*), was …