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Logistics

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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DP World Signs Agreement with Government of Jammu and Kashmir

Chennai: Port Wings News Network: The government of Dubai, global trade enabler DP World and the government of Jammu and Kashmir have signed a Memorandum of Understanding (MoU) to explore opportunities to develop trade infrastructure in the Indian state. The agreement will see discussions take place on a multi-modal logistics …

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Air Freight Demand up 9% in 2017, Strongest Growth Since 2010

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0%. This was more than double the 3.6% annual growth recorded in 2016. Freight capacity, measured in available freight …

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