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Logistics

Government Clarifies on E-Way Bill in Parliament

New Delhi: Port Wings News Network: Responding to a question on E-way bill in written reply in Parliament on 22 March 2018, Shri Shiv Pratap Shukla, Minister of State for Finance stated that Government of India has received various representations from Association of Exporters as well as Corporate Bodies seeking …

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DP World Holds Talks With Tata Group on Opportunities For Cooperation

Chennai: Port Wings News Network: Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, has met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing and best practice. Discussions covered logistics and supply chain operations, innovative customer care and creating high quality, sustainable …

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DP World, NIIF Joint Venture Hindustan Infralog Acquires 90% in CWCNSL

Chennai: Port Wings News Network: Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announces the acquisition of a 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd (CWCNSL), an integrated multimodal logistics player in India. CWCNSL’s founders, the Reddy …

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Virgin Atlantic Cargo Goes Double Daily to Johannesburg

Chennai: Port Wings News Network: Virgin Atlantic Cargo is to launch a second daily service between London and Johannesburg in October, creating additional cargo capacity to and from South Africa. Commencing 28 October 2018, the additional daily frequency will be operated by one of the airline’s Boeing 787-9 aircraft, which …

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Amsterdam Container Terminal Connects with New Silk Road

Chennai: Port Wings News Network: A new direct connection has been launched between Amsterdam Container Terminal and Yiwu in China as part of the new Silk Road connecting two of the world’s leading economies. The first train set off on its 11,000 kilometre, 16-day journey on 7 March 2018 from …

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Air Cargo Off to a Robust Start in 2018: IATA

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 8.0% in January 2018 compared to the year-earlier period. This was up from the 5.8% annual growth recorded in December 2017. Freight …

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