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Union minister for finance and corporate affairs, Nirmala Sitharaman along with the minister of state for finance and corporate affairs, Anurag Singh Thakur arrives at Parliament House to present the Union Budget 2019-20, in New Delhi on July 5, 2019.

Budget 2019 reactions: Transport, logistics, shipping sectors welcome connectivity push

6 July 2019 12:53 PM IST
July 6, 2019: Transport, logistics and shipping professionals welcomed the Budget 2019 presented by Union minister for finance and corporate affairs...
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The certificate was presented by Alexandre de Juniac, director general and CEO of IATA, to Schenker Korea CEO Dirk Lukat.

DB Schenker Korea awarded IATA CEIV pharma certification

5 July 2019 11:09 AM IST
July 5, 2019: The International Air Transport Association (IATA) has awarded Schenker Korea with the IATA CEIV pharma certification for pharmaceutical...
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Dubai-headquartered Shelf Drilling has operations in four key regions – South East Asia, India, West Africa and MENAM (Middle East, North Africa and Mediterranean).

CEVA Logistics extends contract with Shelf Drilling till March 2021

4 July 2019 12:26 PM IST
July 4, 2019: CEVA Logistics and shallow water drilling services specialist Shelf Drilling will continue their association through to March 2021 with...
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The CSafe RAP active container system leverages the performance and capabilities of the CSafe RKN to remove any operational and environmental challenges encountered with temperature-controlled shipments.

CSafe RAP adds SWISS WorldCargo to airline partner network

3 July 2019 11:54 AM IST
July 3, 2019: CSafe RAP, CSafe Global's latest innovation in active temperature-controlled containers, has been approved to fly on SWISS WorldCargo's...
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Freight Tiger works closely with 3PLs, logistics service companies/transporters and consignors.

Logistics startup Freight Tiger gets $8 million funding boost

3 July 2019 10:27 AM IST
July 3, 2019: Mumbai-based logistics technology startup Freight Tiger has received a funding of $8 million. The funding round is led by Lightspeed...
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Blue Hub will also be home to B.Lab, a regional innovation platform fostering collaborative work between sector stakeholders, with the aim of developing value-creating solutions using robotics, digital, and sustainable technologies.

Bolloré Logistics unveils state-of-the-art Blue Hub in Singapore

1 July 2019 5:27 PM IST
July 2, 2019: Bolloré Logistics has unveiled its 50,000 sq metre state-of-the-art warehouse, Blue Hub, in western Singapore.
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Many of SEKO MedTec’s customers manufacture high-value medical devices and technology equipment such as ultrasound, x-ray, mammography, anesthesia, ventilators, personal health and rehabilitation devices, incubators, surgical robots and hospital beds.

Amsterdam becomes SEKO Logistics’ Medtec hub in Europe

29 Jun 2019 3:25 PM IST
June 29, 2019: SEKO Logistics has gained the ISO 13485 quality management certification for its facility in Amsterdam, which will now be a major...
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Fred Smith, chairman and CEO, FedEx Corporation, said that global trade disputes and low global growth rates create significant uncertainty for the express business leading them to be cautious and projecting FY 2020 earnings for this segment.

Trade disputes affected FedEx 2019 earnings; delivery giant positive about fiscal 2020

27 Jun 2019 1:42 PM IST
June 27, 2019: US delivery giant FedEx Corporation, in an earnings call for Q4, has said that financial year 2019 [June 2018 to May 2019] was...
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According to the independent global property consultancys report, top warehousing markets in India witnessed a growth of 77 percent year-on-year in leasing in April 2018-March 2019.

Indian warehouse space leasing saw 77 percent YoY growth in 2018: Knight Frank report

26 Jun 2019 4:59 PM IST
June 26, 2019: Knight Frank launched the latest edition of its flagship report, India Warehousing Market 2019 at the recently concluded 9th India...
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Blowhorn has been in advanced discussions with multiple stakeholders including several EV and battery manufacturers, technologies targeting EV alternatives, and the broader mobility ecosystem.

Blowhorn plans complete switch to eco-friendly solutions by 2025

26 Jun 2019 1:14 PM IST
June 26, 2019: Tech-logistics start-up Blowhorn has made an environmentaly friendly commitment by announcing that it would move 50 percent of its...
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The partnership will enable forwarders in the Middle East region to access access import rates of China and India on the go and book shipments instantly.

FreightBro to help Dubai freight forwarders to digitise their services with NAFL MoU

26 Jun 2019 11:51 AM IST
June 26, 2019: FreightBro signed a Memorandum of Understanding (MoU) with The National Association of Freight and Logistics (NAFL), Dubai at the...
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The comments refer to an incident in June 2019 when FedEx returned a Huawei-marked package to its sender, and claimed the error was caused by “mishandling”.

FedEx files suit against US export regulations; invokes violation under Fifth Amendment

26 Jun 2019 11:07 AM IST
June 26, 2019: FedEx has moved the district court in Columbia against the prohibitions imposed on it by the Export Administration Regulations (EAR).
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