Cargo Breaking News

DHL’s latest Airfreight report suggests soaring inflation is likely to see reduced purchasing power and demand for air freight going into 2023. The monthly report details the latest developments of the global air freight market and is undertaken by DHL Global Forwarding. It shows that lower sales and high inventory … Read More »

The state government will soon prepare Odisha Maritime Perspective Plan (OMPP) and Odisha Ports Capacity Augmentation Plan (OPCAP) as part of its newly formulated Port Policy 2022 for the development of ports and improving cargo handling capacities. Both OMPP and OPCAP would be prepared after studying the maritime ecosystem involving … Read More »

DHL Express has strengthened its network in the Delhi-NCR region with the expansion of Faridabad service center. Inaugurated by John Pearson, CEO, DHL Express, this is DHL Express India’s eighth service center in Delhi/NCR region and 53rd in the country. The sustained expansion is in line with the company’s commitment … Read More »

The Ministry of Railways will roll out projects worth Rs. 90,000 crore in the months ahead to remove bottlenecks in the movement of freight, said Union minister for railways, Ashwini Vaishnaw at the 17th Foundation Day of Dedicated Freight Corridor Corporation of India Ltd (DFCC). “Till now, we have identified … Read More »

Onmove, a high-speed, long-distance trucking aggregator, has recently announced that it has acquired 100% stake of Transin Logistics, a Hyderabad based trucking aggregation platform. Transin is a 100% asset light technology enabled trucking solution business operating in the Port ecosystem of India, with an annual revenue rate of INR 200 … Read More »