Cargo Breaking News

According to the latest data from TAC Index, global air freight rates have increased despite mixed outlook for trade and markets. The global Baltic Air Freight Index (BAI00) calculated by TAC was up another +2.3 per cent YoY over the week to March 24, leaving it ahead by +3.5 per … Read More »

The Lok Sabha passed the Bills of Lading Bill, 2024, which aims to update and simplify the legal framework for shipping documents replacing the colonial era Act of 1856. The current law, a brief three-Section Act, primarily governs the transfer of rights and confirmation that goods were loaded onto a … Read More »

According to Vestian’s report, the Indian warehousing and logistics sector received investments worth $1.96 billion in 2024, accounting for 29 per cent of the total institutional investment garnered in the real estate sector last year. The investment inflows surged to 203 per cent year-on-year in the sector, driven by the … Read More »

DP World has announced the launch of SARAL- 3, a rail-led multimodal service, which will now connect Gandhidham in Gujarat to the National Capital Region (NCR). The SARAL- 3, a part of ‘Sustainable, Assured, Reliable and Agile Logistics’ (SARAL) initiative, builds on the success of SARAL and SARAL 2, which … Read More »

The Container Corporation of India’s (CONCOR) MMLP at Khatuwas, Rajasthan gets LNG station to promote environment-friendly logistics solutions in the country. CONCOR has commissioned in-house LNG station at MMLP Khatuwas, in collaboration with IOCL, to ensure un-interrupted supply of LNG to be used primarily for first and last mile services … Read More »