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Logistics

IWAI To Hand Over Kolkata Terminals on PPP Mode

New Delhi: Port Wings News Network: Inland Waterways Authority of India (IWAI) will make its foray into Public Private Partnership (PPP) on 30 October 2018 when it hands over the operation and management of its terminals in Kolkata to M/s Summit Alliance Port East Gateway (India) Pvt Ltd. (SAPEL) on …

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Panalpina Increases Group Profitability

Chennai: Port Wings News Network: In the first nine months of 2018, international freight forwarding and logistics company Panalpina increased group profitability compared to the same period of last year. From January to September, gross profit increased from CHF 1,024.8 million to CHF 1,116.2 million. Year-on-year, Panalpina’s EBIT increased from …

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