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Indian EXIM trade on a roll; container shortage, freight rallies hurt traders

28 Aug 2021 8:56 PM IST

July exports hit a record high of $35 bn and imports zoomed to $46 bn but supply lines remain key concern areas for both importers and exporters.

The winners will be announced on October 31, 2021. All case studies by finalists in the national jury round will be showcased in the logistics excellence gallery.

India launches national excellence awards for logistics industry

21 July 2021 6:02 PM IST

July 21, 2021: With a view to turning the spotlight on the logistics sector, the government of India on Monday announced the launch of the National...

Mandaviya suggested that the seafaring industry should not get hampered due to non-vaccination and emphasized that all efforts should be made to get the seafarers vaccinated before joining their scheduled duties on board.

Indian government prioritises Covid-19 vaccination of seafarers

9 Jun 2021 11:36 AM IST

June 9, 2021: Union minister of state for ports, shipping and waterways (I/C) Mansukh Mandaviya has reviewed the status of vaccination to the...

General Average has been declared on the X-Press Feeders ship, which was carrying around 25 tonnes of acid among the 1,486 containers onboard. (Photo: Sri Lanka Air Force)

X-Press Pearl was not allowed to offload leaking box in India, Qatar

29 May 2021 5:11 PM IST

May 29, 2021: 2021-built 186 metres-long X-Press Feeders-operated Singaporean container ship, X-Press Pearl, caught fire on May 20, 2021, off the Sri...

Among the top 25 export destinations for Indian engineering goods, exports only to Malaysia and Singapore fell in April.

Indian engineering exports to China grows 128% to $4.8 in FY21

24 May 2021 12:39 PM IST

May 24, 2021: Indian engineering exports to China rose sharply by 128 percent to $4.8 billion in FY 2020-21 compared to the previous year.

An additional 1.5 lakh to 2 lakh pallet capacity (frozen and chilled) may be added as part of temperature-controlled storage space in the next two to three years.

Indian cold chain logistics to grow at 20% CAGR by 2025: JLL

13 May 2021 6:23 PM IST

May 13, 2021: India's cold chain sector is expected to grow at over 20 percent CAGR by 2025, according to JLL, due to its transformation from...

Currently most of the demand comes from metro and tier I cities. However, by 2025 this trend is expected to change, as tier II and lesser cities are emerging as new demand centres owing to higher internet penetration.

Indian e-commerce logistics to be worth ₹492 bn by 2025 with 23% CAGR

27 April 2021 10:52 AM IST

April 27, 2021: The report titled Indian E-commerce Logistics Industry Outlook to 202 by Ken Research suggested that the e-commerce logistics industry...