Logistics

Chennai: Port Wings News Network: Lufthansa Cargo has awarded a three-year contract to Worldwide Flight Services (WFS) at São Paulo–Guarulhos International Airport to handle cargo carried onboard its passenger, freighter and ‘preighter’ services. The agreement, which commenced this month, is WFS’ first contract including cargo-only operations in Brazil. Lufthansa Cargo …

Chennai: Port Wings News Network: On 22 October 2021, Dr. Uma Shanker, IRS, Chief Commissioner of Customs (Prev) Zone Trichy, inaugurated the Facilitation Centre of Customs Preventive Division Cuddalore at Maraimalai Nagar. According to a media release, the facilitation centre is inaugurated to furthermore enhance the trade facilitation measures carried …

New Delhi: Port Wings News Network: Welcoming the launch of PM Gati Shakti National Master Plan for the multi-model connectivity, Dr A Sakthivel, President FIEO said that this will improve India’s productive capacity and global competitiveness with regard to not only manufacturing but also exports from India. To have all …

Special Article by Shri Sanjay Sethi, IAS, Chairman, JNPT The PM Gati Shakti National Master Plan for Multimodal Infrastructure Connectivity to Economic Zone aims to enable efficient connectivity for the flow of products and people while also improving the comfort of living and doing business.  The plan aims to boost …

Tuticorin: Port Wings News Network: V.O. Chidambaranar Port, the economic engine of South Tamil Nadu, offers a maximum draft of 14.20 metres to accommodate bulk carriers upto 95,000 DWT and Container vessels upto LOA of 300 metres. The port’s two container terminals, with the capacity to handle 1.17 Million TEUs …

New Delhi: Port Wings News Network: Indian Railways has successfully operated two long haul freight trains “Trishul” and “Garuda” for the first time over South Central Railway (SCR). Long haul trains, which are twice or multiple times longer than the normal composition of freight trains, provide a very effective solution …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) announced that China Eastern Airlines will host the 78th IATA Annual General Meeting (AGM) and World Air Transport Summit in Shanghai, People’s Republic of China, on 19-21 June 2022. This will be the third time China will host the global gathering …

Chennai: Port Wings News Network: The International Air Transport Association (IATA) released August 2021 data for global air cargo markets showing that demand continued its strong growth trend but pressure on capacity is rising. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, …

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% …