NATIONAL
Italian firm Metra is brought in by Hindalco to produce high-precision extruded goods for high-speed aluminium rail coaches in India
Known for its skill in creating structured and value-added aluminium extrusions, Metra SpA in Italy has inked a technical agreement with Hindalco Industries Ltd., the largest aluminium rolling and recycling company in the world. Underscoring Hindalco's role as a...
India and Bhutan will have their first international train service thanks to Indian Railways
The Indian Railways is about to launch its first international train service, which would create a crucial connectivity link between India and Bhutan. This historic move is anticipated to strengthen diplomatic and economic ties between the two close neighbours. The...
Guidelines for the Usage of two-wheelers for Business Purposes will be Developed by Bengal Transport Department
An official said on Tuesday that the West Bengal transport department will soon provide comprehensive rules for enhanced policing and secure operation of non-transport two-wheelers for commercial reasons in the state. He claimed that the unregulated use of...
Operation of Mumbai’s Iconic Red Double Decker Bus will Cease, New Version Electric Double-decker Bus will Launched Soon
This Monday, Mumbai's iconic red double-decker buses, a vital component of the city's public transport for more than eight decades, will stop running. On September 12, a representative of the Brihanmumbai Electricity Supply and Transport (BEST) Undertaking reaffirmed...
Strong Demand for Warehouses, Drives Institutional Investors’ Interest
Institutional investors, including sovereign funds, real estate funds, AIF (Alternate Investment Funds) funds, and pension funds, are increasingly interested in these assets because of the substantial development in demand for the warehouse and logistics sector...
To Promote and Regulate Water Transport, Uttar Pradesh Will Set Up IWA
Officials in charge of the matter announced that Uttar Pradesh would soon create an Inland Waterways Authority (IWA) to promote and manage water transport in the state and boost the transportation sector. The planned statutory agency, which will be called the Inland...
IndiGo Announces Order For 500 Airbus Narrowbody Aircraft, With Delivery Anticipated In 2030 and 2035
The cheapest airline in the world, IndiGo, revealed on Monday that it had placed a firm order for 500 Airbus A320 family narrowbody aircraft. This is the largest single aircraft order placed by any airline in history. Deliveries of the newly-ordered aircraft will take...
UP CM Yogi Adityanath Inaugurates New Civil Enclave At Kanpur
The New Civil Enclave at Kanpur Airport was officially inaugurated by the CM of Uttar Pradesh Yogi Adityanath on Thursday. In order to improve passenger amenities and connections, the Airports Authority of India (AAI) worked to construct the civil enclave at Kanpur...
INTERNATIONAL
The Federal Government Names a New CEO for the National Transportation Commission
Michael Hopkins was appointed as the Chief Executive of the National Transport Commission (NTC) by the Federal Government for a five-year term in the first week of July. The Federal, State, and Territorial Governments established the National Transport Commission...
Flowspace Strengthens Leadership in Supply Chain SaaS with Acquisition of RetailOps
RetailOps, a San Diego-based software firm that helps omnichannel brands manage and optimise their supply chain operations, has been acquired by Flowspace, the software platform enabling autonomous fulfilment, which has improved its fulfilment technology. The whole...
Menzies Aviation will be part of IATA’s Focus Africa Initiative
Menzies Aviation, which operates out of 40 airports in Africa, has announced that it has joined the IATA's Focus Africa project, which aims to improve aviation connectivity, safety, and security on the continent. At airports all throughout the world, Menzies offers...
Asian carriers are more impacted by the cargo downturn than international competition.
Korean Air, the fifth-largest airline for cargo shipping, reported on Wednesday that its cargo income fell 56% to $748.8 million in the second quarter, underscoring the fact that Asian carriers have been particularly hard hit by the sluggish freight market. With 155...
Maersk Adds a New Atlanta Strategic Air Cargo Hub to Its Global Air Freight Service
One of the most significant financial, commercial, and transportation hubs in the Southeast is Atlanta. Around 1,250 global organisations maintain headquarters in the Atlanta area, which is home to more than 75% of Fortune 1000 companies. The new air cargo facility,...
The Signing of a Global Pharma Freight Forwarding Agreement between AD Ports Logistics and Acino
Acino, a Swiss pharmaceutical company that develops and produces well-proven and innovative medicines, and AD Ports Logistics (ADPL), a subsidiary of the logistics cluster, AD Ports Group, the leading global facilitator of trade, logistics, and industry based in Abu...
Recovery for Hong Kong’s Aviation is Happening Much Quicker Than Expected
As a result of Hong Kong's stronger-than-anticipated economic rebound following Manipal China's reopening, the International Air Transport Association (IATA) has updated its recovery estimates for the city. The organization stated in a statement on July 4 that by the...
NASA Develops All-Electric Aircraft For Progress In Electric Aviation
The US climate goal of achieving net-zero greenhouse gas emissions from the aviation industry by 2050 will be supported by NASA's development of all-electric aviation, which will not only open the way for electric aviation. By the end of September, NASA's X-57 Maxwell...
Fully Electric Freight Train Launched by Varamis for Logistics Services In The UK
A zero-carbon goods service employing high-speed rail has been introduced by UK train operator Varamis Rail and its partners for the nation's logistics industries. The launch comes after successful trial operations to confirm the operation's reliability and viability...
Argentina Seeks China For Investment In Freight And Passenger Wagons
The Argentinean transport ministry seeks to bring in Chinese investments in passenger and goods wagons and to start construction on the 862 million US dollar railway infrastructure. Argentina is also looking for ways to facilitate direct Chinese investments in Yuan,...
INTERVIEW
The Goal Of The Digital Supply Chain Is Ambitious
In this interview, Sunil Talvadkar, Managing Director, Logistics Solutions Group (LSG), discusses the company’s growth plans, emerging trends in the logistics and supply chain industry and impact of GST. Q- What are your views on the current scenario of the Indian...
Woman Of Logistic Substance
From heading the marketing team at Continental AG to playing a doting mother to her son, Mallika Rawal dons several roles throughout the day and essays all of them to perfection. She has carved a niche for herself in a field where most people find it hard to strive....
Initiatives Like Sagar Mala Project, Corporatization Of Ports Will Give India A Positive Boost
Ravindra Gandhi, Regional Director, Peel Ports Group & Director, Hans Maritime Services Pvt, Ltd. Q- What are your views on the current scenario of ports in India? A- Indian ports are a gateway to the country’s international trade by sea,handling a significant...
INFORMATION TECHNOLOGY (IT)
Complex End To End Supply Chain Will Be Solve By Comprehensive Technology In The Near Future
Businesses must manage their supply chains effectively if they want to survive in the cutthroat marketplace of today. It entails controlling how products and services move from their point of origin to their destination for consumption. Downstream fulfilment is a...
$ 100 Million Will Be Raised Via Warehouse InvIT By TVS ILPT
Industrial Warehouse facilities and logistics infrastructure parks are the focus of TVS ILP’s development and leasing activities. Its present clientele includes those in the automotive, FMCG, e-commerce, and agricultural industries, and it is spread through out the...
GST Envasion: Data Analytics Will Be Used To Find “Missing Link” in Supply Chain
The method adopted by the fraudsters included undervaluing taxable goods and services in order to underpay tax, incorrectly claiming input tax credits, failing to pay tax on the supply of taxable goods and services (clandestine removal), and fraudulently claiming...
India-US Chip Partnership Could Robust Global Chip Supply Chain
India is attempting to establish itself as a competitive alternative to China in the semiconductor industry as the chip war between the US and China heats up. The previous week, an agreement between India and the United States was signed on establishing a...
The Future Of E-Commerce Tech and SaaS Logistics In Third Party Logistics Companies
In recent years, the e-commerce industry has experienced remarkable growth, and experts predict that this trend will continue. This has increased demand for third-party logistics companies that manage e-commerce logistics. To compete in the market, these companies...
Government likely to introduce UPI-like platforms for education, agriculture, logistics, says Ashwini Vaishnav
After the notable success of the Unified Payments Interface (UPI) platform, the Indian government has decided to take a step forward in this plan and come up with similar model plans that will help to widen the scope of good governance that will be driven by tech....
Mintoak raises $20 million in funding round led by PayPal Ventures
Using internal grading systems and tools including improved visibility, Circle Logistics (Circle), a top asset-based full-service logistics provider, today revealed it is assisting its team in matching freight with the most suitable carriers to reduce claims. The...
Microsoft continues to beat Amazon in cloud infrastructure market, despite growth slowdown
As businesses sought to reduce spending in an unsteady economy, it was a challenging quarter for the cloud infrastructure sector. The growth of the market slowed to 21%, a sharp decline from the 36% increase which was experienced the previous year when taking into...
Airtel Vice Chairman Meet UP CM To Discuss The Company’s Investment Plan, Digital India Mission
Bharti Enterprises (Airtel) vice-chairman Rakesh Bharti Mittal recently met UP (Uttar Pradesh) CM Yogi Adityanath at the Chief Minister’s residence, Lucknow, and discussed the implementation of the Digital India Mission, ways to improve the communication facilities...
Government likely to introduce UPI-like platforms for education, agriculture, logistics, says Ashwini Vaishnav
After the notable success of the Unified Payments Interface (UPI) platform, the Indian government has decided to take a step forward in this plan and come up with similar model plans that will help to widen the scope of good governance that will be driven by tech....