Logistics

Chennai: Port Wings News Network: JSC UTLC (a subsidiary of JSC Russian Railways) and Belintertrans-Germany GmbH (BIT-Germany) are implementing joint end-to-end regular multimodal service along the route Altynkol (border with China) – Kaliningrad – Hamburg that will ensure timely and reliable transportation containers by rail and sea. To test the …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) called for the development and deployment of rapid, accurate, affordable, easy-to-operate, scalable and systematic COVID-19 testing for all passengers before departure as an alternative to quarantine measures in order to re-establish global air connectivity. IATA will work through the …

Chennai: Port Wings News Network: A new weekly rail shuttle service has commenced, providing Oslo and Norway with a rapid, dependable, climate-smart link to the largest port in Scandinavia. The service is can transfer 2,000 trucks from road to rail, with a resulting reduction in carbon emissions of over 700,000 …

Chennai: Port Wings News Network: The first transit container train from Xi’an, China, has arrived at its final destination – the BILK terminal in Budapest, Hungary. The order for the transportation was handled using the Freight Transport electronic trading platform (ETP FT). The train loaded with 41 forty-foot containers with …

New Delhi: Port Wings News Network: On a mission mode, Dedicated Freight Corridor (DFC) of Indian Railways is gathering speed. Constant weekly monitoring and meetings with all stake holders lead to acquisition of patches and sections of land which were long delayed. Indian Railways even deployed its experts to assist …

Chennai: Port Wings News Network: The first single-destination train made up of 50 forty-foot containers from the city of Shenyang in the Chinese province of Liaoning passed through the Grodekovo border station (Far Eastern Railway) to the Bely Rast terminal and logistics center (Moscow Oblast). The intermodal delivery for container …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets in July showing air cargo demand is stable but at lower levels than 2019. While there is some month-to-month improvement, it is at a slower pace than some of the traditional leading …

Chennai: Port Wings News Network: Virgin Atlantic Cargo will be launching flights between the UK and Pakistan in December 2020, supporting growing trade volumes between exporters and importers in both countries. Trade in goods and services between the UK and Pakistan is worth some £3.3 billion a year, rising 4.7% …

New Delhi: Port Wings News Network: Union Minister for Road Transport, Highways and MSMEs Shri Nitin Gadkari on 25 August 2020 inaugurated and laid the foundation stones for 45 highway projects for the State of Madhya Pradesh through video conference. Chief Minister Shri Shivraj Singh Chauhan presided over the virtual …

New Delhi: Port Wings News Network: Shri Piyush Goyal, Minister of Railways and Commerce & Industry, on 24 August 2020 reviewed the progress of Dedicated Freight Corridor Corporation India Limited (DFCCIL). During the meeting, the senior officials informed the current status of the project. It is expected that Western Corridor …

Chennai: Port Wings News Network: The International Air Cargo Association (TIACA) and Pharma.Aero have joined forces to develop global guidance for the air cargo industry to enable optimal transportation of the COVID-19 vaccine. The guidance will be developed gradually in four work packages through a joint working group to ensure …

Chennai: Port Wings News Network: Worldwide Flight Services’ (WFS) investment in state-of-the-art facilities as part of its long-term commitment to Brussels Airport has earned the world’s largest cargo handling company a new five-year contract with Air France KLM Martinair Cargo. Under the terms of the agreement, which commences this month, …

Chennai: Port Wings News Network: ICRA has revised the outlook on the Logistics sector from ‘Stable’ to ‘Negative’ given the prevailing circumstances and its near impact on the industry metrics. The rapid rise of Covid-19 pandemic and subsequent restrictive measures implemented by the central and state governments to contain the …

Mumbai: Port Wings News Network: DP World and National Investment & Infrastructure Fund (NIIF) joint venture Hindustan Infralog Private Limited (HIPL) has announced an investment of Rs 1000 Cr in developing its Nhava Sheva Business Park (NSBP) Free Trade Zone (FTZ) in Mumbai. NSBP, a Special Purpose Vehicle, is a …

New Delhi: Port Wings News Network: Inspite of COVID 19 related challenges, Indian Railways achieved a significant milestone of pulling freight traffic ahead of last year’s level. On 27 July 2020, the freight loading was 3.13 MT which is higher than last year for the same date. It may be …