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Logistics
Indian container cargo to grow at 8% in FY25 amid Red Sea crisis
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NEW DELHI : India’s coal cargo throughput at ports is estimated to grow at a CAGR of 3-4 per cent from FY24 to FY26, despite an anticipated decline in coal imports by 2-3!-->…
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Transport Corp to acquire two cargo ships worth $40 mn in FY25 : Vineet Agarwal, MD
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GURUGRAM : Logistics and supply chain management company Transport Corporation of India Ltd. (TCI) plans to acquire two cargo ships worth $35-40 million in the current!-->…
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Supply Chain and Storage expansion can fuel the Cargo Traffic as it hits 12.31M TEUs in FY 2023-24
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SINGAPORE : India’s cargo volume, managed by 12 key ports, is increasing rapidly and has reached 12.31 Million TEUs in FY 2023-24, up from 11.39 Million TEUs in FY 2022-23,!-->…
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Centre to reform logistics infrastructure for faster payment and distribution of foodgrains
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NEW DELHI : The Centre is planning to introduce logistics reforms for faster payment and distribution of foodgrains, said Union Food and Public Distribution Secretary!-->…
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Tamil Nadu is one of the best states in country for economic zone : DP World CEO
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CHENNAI : Tamil Nadu is one of the best states in the country for an economic zone as the state is one of the most industrialised in India, a senior official of global!-->…
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Concor Q4 results: Net profit rises 5.5% to Rs 315 crore, declares Rs 2.5 dividend
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NEW DELHI : Container Corporation of India’s (Concor) March quarter profit jumped 5.5 percent to Rs 315.1 crore from the year-ago period, aided by volume growth and!-->…
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DPA Kandla achieves extraordinary milestone by handling a record-breaking 18.5 MMT of cargo
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GANDHIDHAM : Deendayal Port Authority, Kandla has achieved an extraordinary milestone by handling a record-breaking 18.5 million metric tons (MMT) of cargo within the first!-->…
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Centre’s capex cut logistics cost for businesses : FM Sitharaman
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NEW DELHI : The Central Government has allocated ₹43.5 trillion for building infrastructure in the last 10 years, which boosted the economy through a multiplier effect,!-->…
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Logistics Trade Bodies unite in calls for Industry Action on New EU Import Declarations
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LONDON : Global and European trade associations representing shippers, forwarders and vessel operators have issued an urgent alert to all businesses involved in the!-->…
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Adani Ports’ revenue projected at Rs 50,000 crore in next four years
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AHMEDABAD : Adani Ports and Special Economic Zone Ltd. surpassed its guidance for cargo, revenue, and Ebitda in fiscal year 2024. These metrics continued to grow in the!-->…
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