Logistics

Chennai: Port Wings News Network: APM Terminals Pipavav, one of India’s leading multipurpose ports is now connected to ICD Kanpur via train.  The new connection, established by CONCOR, gives customers an opportunity to connect to the Gateway Port of Pipavav. The maiden export train started from ICD Kanpur (JRY) to …

Chennai: Port Wings News Network: Global trade enabler DP World on 6 December 2018 announced the successful closing of the acquisition of 100% of the Unifeeder Group (Unifeeder), an integrated logistics company with the largest and best-connected feeder and growing shortsea network in Northern Europe with connectivity to approximately 100 …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 3.1% in October 2018, compared to the same period the year before. This pace of growth was up from a 29-month low …

Chennai: Port Wings News Network: Federation of Freight Forwarders’ Associations in India had its 8th Executive Committee Meeting on 30 November, 2018 and 1 December, 2018 elected Mr. S. Ramakrishna as Chairman of FFFAI for the period December 1, 2018 till 30th September, 2019 unanimously. Mr. A. V. Vijayakumar – …

New Delhi: Port Wings News Network: Ms PS Atree & Co Pvt Ltd was honoured with Award for their Outstanding Contribution by an Air Cargo Custom Broker at recently held “4th PHD Chamber of Commerce Air Cargo Summit 2018” in New Delhi. Mr PS Atree, MD, PS Atree & Company, …

Chennai: Port Wings News Network: Volga-Dnepr Airlines, the leading carrier for the transportation of oversize and heavy shipments, has performed another unique delivery involving the sequential loading of two IL-76TD-90VD freighters to expedite the cargo’s arrival in China. Volga-Dnepr’s specialists successfully used the airline’s unique technology and special loading equipment …

Chennai: Port Wings News Network: On 18 November, Avianca Cargo made its maiden cargo voyage under its own operation to connect cargo between Europe and South America. With its own fleet of A330-200 cargo aircraft, the company intends to offer its customers an extended network in Europe, operating direct cargo …

Chennai: Port Wings News Network: The recently inaugurated Multimodal Terminal on Inland Waterways-1 for transporting containerized cargo between Varanasi in Uttar Pradesh and Haldia Port in West Bengal is expected to provide a significant push to exim trade from Eastern India, especially from Kolkata and its catchment areas. It is …

Chennai: Port Wings News Network: DP World and the government of Rwanda have setup a state-of-the-a­ logistics hub, located 20 kilometers from the capital city Kigali, close to the international airport­. The facility is East Africa’s first ever Inland Dry Port developed by DP World. DP World Kigali is a …

Chennai: Port Wings News Network: As it approaches its 50th year, FONASBA has demonstrated increasing global reach by appointing the first President from an Arabic and North African country. Aziz Mantrach, Partner and General Managing Director of Transports Marocaines S.A. of Casablanca, President of the Moroccan association APRAM and previously …

Chennai: Port Wings News Network: Volga-Dnepr Airlines, the market leader of heavy and outsize air cargo transportations, together with its partner Bolloré Logistics, are supporting a milestone mission for the global aerospace industry with the delivery of the first European Space Module (ESM) for the historic space program which, in …

New Delhi: Port Wings News Network: Running of freight trains in a block through Convoy Movement by creating coaching free corridors has been a major initiative undertaken since September, 2018, for improving freight throughput, especially on the coal carrying routes. Minister of Railways & Coal, Shri Piyush Goyal has been …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.0% in September 2018, compared to the same period the year before. This pace of growth was relatively unchanged from the previous …

Chennai: Port Wings News Network: International Container Terminal Services, Inc. (ICTSI) on 7 November 2018 reported unaudited consolidated financial results for the first nine months of 2018 posting revenue from port operations of US$1.0 billion, an increase of 10 percent over the US$918.3 million reported in the same period in …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) announced global passenger traffic results for September showing that demand (measured in revenue passenger kilometers, or RPKs) rose 5.5% compared to the same month in 2017. This was a slowdown from the 6.4% growth recorded in August year-over-year. Capacity …