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Brussels Airlines Enters Into Joint Agreement With Lufthansa Cargo

Chennai: Port Wings News Network: Lufthansa Cargo will market the cargo capacities of Brussels Airlines from 1 September 2018. The networks of both companies complement each other perfectly. Freight customers of both airlines benefit from this: Brussels Airlines customers have access to Lufthansa Cargo’s route network: the largest network with …

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Kerry Logistics Posts 7% Growth in Net Profit in 2017

Chennai: Port Wings News Network: Kerry Logistics Network Limited on 27 March announced the group’s annual results for 2017. Group’s Financial Highlights Turnover increased by 28% to HK$30,788 million (2016: HK$24,036 million) Core operating profit rose by 13% to HK$2,128 million (2016: HK$1,878 million) Core net profit increased by 7% …

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DP World Intermodal Enhances Connectivity To Central India

    Mumbai: Port Wings News Network: Global trade enabler DP World operated Container Rail Road Service (CRRS) in partnership with leading freight forwarder Pinkcity Logistics, flagged off their maiden train service from ICD Loni, Uttar Pradesh to Hindalco Industries Limited’s plant in Mahan, Madhya Pradesh. The new service aims …

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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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