Logistics

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released July 2021 data for global air cargo markets showing that demand continued its strong growth trend. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons to …

Mumbai: Port Wings News Network: Subscription models have been in vogue across industries in the past few years. Be it software subscription or food & grocery delivery subscription, the pandemic has dramatically shifted consumer behavior. LogiNext, a global delivery management technology firm that works with some of the largest F&B …

Chennai: Port Wings News Network: CEO and Chairman of the Board of Russian Railways Oleg Belozerov and Chairman of the Board of JSC NC KTZ  Nurlan Sauranbayev recently signed a memorandum of cooperation in organizing of transporting agricultural products by rail in Nur-Sultan (Kazakhstan). Prime Ministers of Russia and Kazakhstan …

Chennai: Port Wings News Network: A.P. Moller – Maersk (Maersk) on 6 August announced the acquisition of Visible Supply Chain Management (Visible SCM), a business-to-consumer (B2C) logistics company focused on B2C parcel delivery and B2C fulfillment services in the US and headquartered in Salt Lake City, Utah, US. Furthermore, it …

Chennai: Port Wings News Network: Russian President Vladimir Putin opened the second Baikal tunnel on the Baikal-Amur Mainline to railway traffic on 28 July via videoconference. Oleg Belozerov, Chief Executive Officer – Chairman of the Executive Board of Russian Railways, Alexey Tsydenov, Head of the Republic of Buryatia and Ruslan …

New Delhi: Port Wings News Network: With an aim to further improve ease of doing business, Centre today launched the “Secured Logistics Document Exchange” along with a Calculator for Green House Gas Emissions. The Digital initiative is now set to improve logistics efficiency, reduce logistics cost, and promote multi-modality and …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released data for global air cargo markets for June showing a 9.9% improvement on pre-COVID-19 performance (June 2019). This pushed first half-year air cargo growth to 8%, its strongest first half performance since 2017 (when the industry posted 10.2% …

Chennai: Port Wings News Network: CSP Abu Dhabi container terminal, the first greenfield project of COSCO SHIPPING Ports Limited (CSP) operating within Abu Dhabi Ports’ flagship deep-water port Khalifa Port, has announced its terminal will be the first in the Middle East to implement an autonomous port truck system. Following …

New Delhi: Port Wings News Network: Domestic Cargo Agents Association of India (DACAAI) had its first Virtual meeting with Hon’ble Minister of Civil Aviation, Shri Hardeep S Puri. DACAAI brought out certain challenges that were hampering the growth of domestic air cargo in India. The suggestions from DACAAI related to …

Chennai: Port Wings News Network: The logistics sector reported a strong recovery over H2 FY2021, a sharp contrast to the steep decline in revenues and earnings reported over Q1 FY2021. The logistic sector reported a growth of ~9% sequentially in Q4 FY2021 backed by sustained recoveries across the sectors. Some …

New Delhi: Port Wings News Network: Federation of Indian Export Organisations (FIEO) has signed a Memorandum of Understanding (MoU) with Aramex India to support Micro, Small and Medium Enterprise (MSME) exporters in India. As part of the MoU, Aramex will provide preferential pricing to FIEO members, as well as access …

New Delhi: Port Wings News Network: Indian Railways’ PSU, Dedicated Freight Corridor Corporation of India (DFCCIL) has completed work of dismantling and reconstruction (after making way for DFC tracks) of Valsad Road Over Bridge (ROB) on the Western Dedicated Freight Corridor in the state of Gujarat in a record 20 …

Chennai: Port Wings News Network: Air One Aviation has increased its service portfolio for aviation industry clients with the acquisition of UK-based pilot training business, Quadrant Systems Limited (QSL). Formed in 1994, Quadrant Systems operates a purpose-built flight simulation and training facility at Burgess Hill, West Sussex, providing UK Civil …

New Delhi: Port Wings News Network: In a bid to protect thousands of Customs Brokers, their staff and family members, Delhi Customs Brokers Association (DCBA) has organized a 4-day COVID-19 vaccination camp at New Customs House (NCH), near IGI Airport, New Delhi from June 15 to 18, 2021. Supported by …

Mumbai: Port Wings News Network: Kale Logistics Solutions (Kale), a UN award winner and a trusted global IT solution partner for several Fortune 500 companies worldwide for the Logistics Industry, has been chosen by dnata, to develop the next generation Airport Cargo Community e-Commerce platform in Dubai. Dubai has been …