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Our Correspondent

The budget allocated Rs 1.7 lakh crore for the transportation sector in 2020-21, Rs 19.6 lakh crore for roads, Rs 13.69 lakh crore for railways, Rs 1.43 lakh crore for airports and Rs 1.01 lakh crore for ports.

Budget 2020: What does it mean for transportation & logistics?

3 Feb 2020 6:18 PM IST

February 3, 2020: Finance minister Nirmala Sitharaman delivered her Union Budget 2020-21 speech on February 1 which received a negative response from...

The upgrade to ups.com shipping helps take the complexity out of cross-border trade by harmonized tariff code and estimates of duties and taxes.

UPS website now guides exporters on customs forms and duties

1 Feb 2020 1:51 PM IST

February 1, 2020: To help simplify international shipping for its small and medium business (SMB) customers in 116 countries, the global logistics...

While LogiNext%u2019s user base is spread across 20 countries, its team is spread across 8 cities including Fremont, Dubai, Delhi, Kuala Lumpur, Singapore and Jakarta as of now with plans to expand their presence to New York, London, and Sydney.

Five things you need to know about LogiNext, beyond its new $39 mn fund

30 Jan 2020 3:37 PM IST

January 30, 2020: The transportation automation platform headquartered in Fremont, CA with its R&D offices in Mumbai, LogiNext solutions received an...

This vessel is part of the order for a series of 4 vessels viz; 02 500 pax cum 150T cargo vessels and 02 1200 pax cum 1000T cargo vessels, placed on CSL by the A&N administration.

Cochin Shipyard launches passenger ship for Andamans with 1000 tonne cargo capacity

29 Jan 2020 6:13 PM IST

January 29, 2020: Cochin Shipyard (CSL) launched the first of the two vessels built for the Andaman & Nicobar administration with 1000 tonne cargo and...

The rail service will allow customers to connect their cargo directly to the Europe, Middle-East and Mediterranean services via ICTT Cochin instead of routing it through port of Colombo, Sri Lanka.

DP World flags off new rail service from Kochi to Bangalore

29 Jan 2020 5:03 PM IST

January 29, 2020: DP World operated International Container Transshipment Terminal (ICTT) at Cochin has flagged-off a new weekly rail service,...

The company hopes that the upcoming budget will introduce a major stimulus package to revive manufacturing, address low consumer demand and support MSME%u2019s to improve overall business confidence.

TCI Express registers 36.4% profit increase in Q3 FY2020

29 Jan 2020 4:12 PM IST

January 29, 2020: TCI Express, the Indian express distributor, announced its financial results with 36.4 percent profit growth for the quarter ended...

The 76.84-acre warehouse is close to the international airport and business hubs of New Delhi, Gurugram and Faridabad.

ESR plans to build 76-acre logistics park in Sohna, Gurugram

28 Jan 2020 2:42 PM IST

January 28, 2020: ESR, the APAC focused logistics real estate platform, announced its plan to build a logistics park in ‘Sohna’ - Tehsil of South...

The release is approved by the newly constituted Air India Specific Alternative Mechanism (AISAM) headed by Home Minister Amit Shah.

Air India: government invites expression of interest from bidders for 100% disinvestment

27 Jan 2020 6:17 PM IST

January 27, 2020: Hardeep Singh Puri, minister of civil aviation, in a press conference today informed that the government of India has released the...

This product guarantees equipment availability and cargo loading on Maersk and Safmarine services irrespective of the peak season at a fixed price.

FreightBro now allows to book container space online with Maersk Spot APIs

27 Jan 2020 11:21 AM IST

January 27, 2020: The freight-tech start-up FreightBro today announced the integration of Maersk Spot into its digital platform that allows to book...