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|  Kerala govt. intends developing Azhikkal port  |    |  Civil Aviation Policy envisages growth of air cargo volumes to 10 mt by 2027  |    |  Milaha new PQX to establish a second weekly service to & from Mundra  |    |  Swire Shipping to start weekly services to Micronesia  |    |  Centre plans INR 1L crore worth road projects  |    |  APL to launch new Asia Latin America Express 3 service  |    |  Pace of air cargo rate improvement slows in July  |    |  Asia-Europe rate inches up 0.5% to USD 923 TEU, off 7% to USWC  |    |  Shapoorji Pallonji Group bids for LNG regasification terminal  |    |  PPT launches massive plantation drive inside Harbour Area  |    |  Delhi Metro launches WiFi on Blue Line stations  |    |  Vistara to restart New Delhi-Varanasi services in October  |    |  Railway projects launched in Odisha  |    |  SCR will run two special trains  |    |  MOL to levy USD 500 TEU hike on cargo for southern Africa September 1  |    |  Ethiopian Airlines to purchase 59 more aircraft from now until 2025  |    |  GDL announces profit after Tax of INR 12 crore in Q1 FY 2018  |    |  Air Odisha & Air Deccan to start services by Sept 30 under RCS 1  |    |  VCT aiming at new cargoes  |    |  Re-export of cotton likely from Kochi port  |   
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Milaha new PQX to establish a second weekly service to & from Mundra
Milaha has announced the launch of a direct service between Pakistan and Qatar, the PQX (Pakistan Qatar Express service), which will also establish a second weekly service to and from Mundra, India. This will add to Milaha’s existing Mundra call as part of the IQX (India Qatar Express service), said a release. PQX will be operated with two 1,700 Twenty Foot Equivalent Unit (TEU) vessels and a weekly call ...
VCT aiming at new cargoes
Visakhapatnam, the port city with the presence of the world class Visakha Container Terminal (VCT), has witnessed a variety of cargoes and is now planning to expand its horizon further, targeting new cargoes. Dr D.K. Srinivas, IRS, Commissioner of Customs, Visakhapatnam, after having taken charge recently, visited Visakha Container Terminal to understand the cargo growth potential wherein new cargoes like white goo ...
Milaha to start Direct container service between Qatar & Kuwait
Milaha has launched the first ever Direct feeder service between Qatar and Kuwait. The new service, named KQX (Kuwait Qatar Express Service), will operate between Hamad Port in Qatar and Shuwaikh Port in Kuwait once a week initially, using a 515 Twenty Foot Equivalent Unit (TEU) vessel. With 50 reefer plugs available on the vessel and a highly competitive transit time of 1 day, the new service is ideal for tran ...
Ashok Leyland bags INR 120 cr Rivigo order
Ashok Leyland (AL) has received a INR 120 crore plus order from logistics company Rivigo for supply of 500 fully-built vehicles, with iEGR (Intelligent Exhaust Gas Recirculation) technology, developed by AL. This fresh order is a testimonial to the Indian, intelligent and innovative offerings of iEGR BS-IV technology. Anuj Kathuria, President, Global Trucks, Ashok Leyland said that “Today, our BS-IV iEGR ...
DB Cargo spends USD 294 million on 60 engines for Euro rail freight
A company said in statement, Deutsche Bahn is relying on rail freight growth to justify its purchase of 60 Vectron multi-current locomotives from Siemens. The locomotives, which can be used in cross-border transport and are worth EUR 250 million (USD 294.35 million), are part of a master agreement with Siemens for up to 100 new mainline locomotives for DB Cargo. The first five locomotives will go into operation as ...
Agility air cargo beats market, but net revenue falls 24.9%
Agility's air freight tonnage grew 14.7% in the second quarter. The air cargo performance contributed to a 9.6% increase in revenue for Agility Global Integrated Logistics (GIL), the company's core logistics business, in the quarter, to KWD255.2 million (USD 843.8 million). The company said, Ocean container volume grew 12.9%, again above the market average. Contract logistics revenue also grew, particul ...
Milaha sets up warehousing and 3PL operations in Oman
Milaha has announced the launch of in-country operations in Oman. Milaha is initially setting up warehousing and 3PL services within the Sohar Free Zone, while it continues to explore further expansion in Oman of its diverse portfolio of services. The announcement comes on top of the company also shifting its regional transshipment hub to the Port of Sohar, where Milaha is offering competitive transit time for loca ...
Goods to Nepal flagged off at Visakhapatnam port
A rake of 90 containers bound for Nepal was flagged off today by Visakhapatnam port Chairman MT Krishnababu at the Visakha Container Terminal Private Limited. He said the Nepal government had notified Visakhapatnam as the second port of call after Kolkata-Haldia and this is the first time a full-fledged rail rake is going to Nepal from here. He said that“We expect the volumes to grow in future, as the dra ...
Allcargo Logistics to expand warehouse space
Allcargo Logistics Limited is looking at new opportunities to expand in the warehouse space. It wants to ramp up capacity by 5 times to 10 million square feet in the next five years. The company will require about INR 700-1,000 crore for warehouse capacity expansion. Since Allcargo is a very under leveraged company, it will raise money from debts as well as internal accruals, said Shashi Kiran Shetty, Chairman, ...
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