NATIONAL
Bangalore Became The Host Of The Opening Of PM Modi’s Infrastructure Projects.
Prime Minister Shri Narendra Modi visited Bangalore, Karnataka to inaugurate the INR 27000 Crore infrastructure project.Prime Minister Shri Narendra Modi earlier this week visited Kommaghatta in Bangalore to inaugurate the various road and rail infrastructure projects...
11 multi-modal logistics parks planned under phase-II Bharatmala Pariyojna
Bharatmala Pariyojna, which is a centrally funded scheme that was introduced by the government of India for the highway project, is entering a new phase. Under the second phase of the high project scheme, Bharatmala Pariyojna, 11 locations have been identified across...
Reliance’s logistics start-up Grab.in joins government’s ONDC
Logistics service provider start-up Grab has united its platform with the Open Network for Digital Commerce (ONDC) network. The move by Reliance Retail-owned start-up marks another branch of the retail giant to join the open network. Previously, Dunzo, which is a...
India reduces logistics expenses to boost growth
The central ministers of India in a statement have said that the logistics cost of India, which is currently far higher than major economies around the globe like the US, the EU, and China, is ready to become competitive in the upcoming five years with significant...
After FY 2019-20 Lose, AAI Started Collecting Dues Directly From Foreign Airlines As Navigation Charges
The process changed after an Indian organization in Europe seized $29 million in the Dewas arbitration case. According to the information, the Airports Authority of India (AAI) has returned to the collection of billing and navigation charges directly from foreign...
Port logistics require improvements to boost exports
India has been making collective efforts to enhance the impression of its merchandise exports globally and it is the appropriate thing for the nation to do as exports are the key factor for the growth. The efforts made by the authorities to achieve the objectives of...
Scrap Civil Aviation Ministry, Create Holistic Transport Ministry: TMC (MP)
After a competitive bidding process, the government had sold Air India to Talace Private Limited on October 8 which is a subsidiary of the Tata Group’s holding company for Rs 18,000 crore. Recently MP of Trinamool Congress (TMC) Mahua Moitra has demanded that the...
JSW infrastructure commissioned first terminal at NMPT
JSW infrastructure has made a 30-years of agreement with NMPT, they are planning to expand terminal container landing place of length of 350 meters and 15.5 hectares of backup storage area. JSW an Indian multinational conglomerate was founded in 1982. JSW Group...
INTERNATIONAL
Logistics Group Martin Bencher Set To Be Acquired For 61 Million
A.P. Moller-Maersk, a shipping business, announced on Friday that it had reached a $61 million agreement to acquire Danish logistics firm Martin Bencher Group.Martin Bencher, a company with 170 workers and its headquarters in Aarhus, Denmark, specializes in...
Fintech infrastructure start-up Geopagos bags $35 million funding
Based in Buenos Aires, the payments infrastructure start-up Geopagos has recently raised a funding of $35 million in a round that was led by the capital market company Riverwood Capital. This fresh funding marks the first-ever institutional funding of the company. The...
Senegal becomes latest African country to receive first C295 transport
Taking delivery of the Airbus C295 aircraft, Senegal has successfully become the latest African nation to receive two of the transport at the end of July. According to the armed forces of Senegal, the aircraft was received in Dakar, during a ceremony that was held at...
Asendia USA and Broad Reach collaborate on joint venture to expand the services for US retailer shipping to Canada
A joint venture has been announced by Asendia USA with Broad Reach and Dave Mays to strengthen and expand the network of its services for the retailers based in the US shipping to Canada. With this joint venture, the CEO of Broad Reach, Dave Mays will bring his...
Zakher Marine International Set To Be Acquired By ADNOC Logistics & Services
ADNOC Logistics and Services have big moves as they are set to finalize the takeover of Zakher Marine International The acquisition of Zakher Marine International (ZMI), an Abu Dhabi-based owner and operator of offshore support vessels with the largest fleet of...
Maersk Launches India-Bangladesh Inland Waterways Logistics Solution
Transporting containerized freight from Kolkata, India, to a river port close to Dhaka, Bangladesh, was the first operation on Maersk's end-to-end integrated logistics solution on the Indo-Bangladesh Protocol Route.For Coca-Cola Bangladesh Beverages, Maersk...
Blue Dart escalates for expansion with more planes and a wider geographic area
One of the major leaders in the logistics sector, Blue Dart has plans to add Boeing 737 aircraft to its fleet as the business is looking forward to expanding its fleet as it is planning to increase its presence geographically. Also, the company is trying to boost its...
Companies in Europe likely to boost the SAF production
The ReFuelEU Aviation regulation which was proposed by the European Commission seems to meet its goal, which is reviving the sustainable aviation fuel (SAF) market. The proposed regulation seeks the imposition to expand the SAF percentage for flights departing from EU...
Scan Global Logistics Acquires Gelders Forwarding To Boost Logistics
Scan Global Logistics announced to acquire two logistics companies, Gelders Forwarding and Advection Logistics to boost their logistics service. Scan Global Logistics, established in 2007, has boosted its position in Europe. Scan Global logistics plans to...
Tiny second airport of Singapore Seletar views its future as a flying taxi hub
Seletar Airport, the second and very less-known airport in Singapore is 20 minutes to the northwest of Changi Airport, is the place where most private jets are landed and also where the future of aviation might take place. The neighborhood of the airport is working to...
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)
Elon Musk sued by Twitter for backing out of $44 Billion Deal
Elon Musk was sued by Twitter on Tuesday in order to complete the acquisition of the company which has a capital value of $44 billion, by setting the place for an extended legal battle over the destiny of the social media platform. Mr. Musk declared last week that he...
Quiltt supporting businesses seeking low-code fintech infrastructure possibility
To help the small businesses in the fintech industry, Quiltt is wrapping its blanket of warm low-code fintech infrastructure around these businesses that are looking forward to creating financial services for customers but are unable to do so due to a lack of budget...
Ivalua Collaborates Al-powered Innovation To Improve Supply Chain
Ivalua company launched Al-powered advanced innovation, it will provide help for the organization to improve resilience and profitability in supply chain Ivalua recently released an announcement, featuring AI- powered contract management, which is smooth...
Tiger Global to put halt on start-up investments for two quarters, views fresh fund later this year
Tiger Global, which is one of the winners in the technology market has shared its plans of slowing down its speed for investments in the industry start-ups for the next two quarters, the latest in the line of prominent investors concerned over the fact that the market...
Kyndryl Update IT Infrastructure For American Honda Company
Kyndryl manages infrastructure services for plant production applications. Kendryl through agreement plans to collaborate with Honda company to elevate its security and IT transformation.On July 14, 2022 world’s largest IT infrastructure services provider, the company...
Oracle Cloud With Sustainable Supply Chain Supports New Cloud Service
New Oracle cloud service built to expand its cloud services, with more visibility and transparency to unlock further new opportunities. Oracle cloud, offers a cloud computing service and it has announced plans to expand its merchandising acquiring capabilities...
Indonesian start-up McEasy is digitizing logistics, transportation and supply chain business
Tech start-up based out of Indonesia, McEasy has raised the capital of $6.5 million in its Series A funding. The company is trying to change the old-fashioned system that is used by most of the logistics companies in Indonesia to track the operations and fleet. This...
Körber completely acquires Siemens Logistics’ mail and parcel business
Korber, which is an international technology group announced the fortunate completion of Siemens Logistics’ acquisition, which is a company dealing in the mail and parcel business globally. Alongside, Korber has also announced the shift of its Business Area Supply...
Astrocast Collaborated With ArrowSpot For Supply Chain Solutions
ArrowSpot and Astrocast partner for advanced global asset tracking devices for supply chain solutions, with the advanced tool of Satellite IoT. Recently, Astrocast announced about the partnership with ArrowSpot. (SatloT) Astrocast is integrating its Satellite...
Oracle Cloud With Sustainable Supply Chain Supports New Cloud Service
New Oracle cloud service built to expand its cloud services, with more visibility and transparency to unlock further new opportunities. Oracle cloud, offers a cloud computing service and it has announced plans to expand its merchandising acquiring capabilities...