India may hope for a reprieve from US’ reciprocal tariffs on April 2, at least partially, if trade and tariff negotiations go well with the visiting team of American officials led by Assistant US Trade Representative Brendan Lynch this week. US President Donald Trump’s recent assurance that he may give a “lot of countries” a break […]
In a significant boost to India’s freight & logistics infrastructure, a first double stack container train was flagged off on Tuesday from Hind Terminals Logistics Park in Palwal by Ashok Kumar Verma, General Manager of Northern Railway and Praveen Kumar, Managing Director of the Dedicated Freight Corridor Corporation of India (DFCCIL). Senior officials from Northern Railway […]
DTDC Express Ltd., a leading express logistics service provider in India unveiled its 3rd All-Women-Operated-Branch at Thane, Mumbai. The initiative was inaugurated by Abhishek Chakraborty, CEO, DTDC Express Ltd. on the occasion of International Women’s Day. Building on the success of its all-women-operated branch launched earlier at Marol (Mumbai) & Kolkata, the Thane branch will […]
A proposal from the United States Trade Representative’s (USTR) office that would charge Chinese ships up to $1.5 million to call at U.S. ports could disrupt ocean carriers and potentially cause headaches for shippers and end consumers alike. The hawkish measure from the USTR office was recommended after a months-long probe into China’s maritime, logistics […]
India’s onion exports have declined by ₹696 crore compared to last year, mainly due to the imposition of export duties. Between April and November of this financial year, the total value of onion exports stood at ₹2,663 crore, down from ₹3,359 crore during the same period last year—a sharp decline of 20%. Interestingly, the quantity of […]
Grape export from Nashik district declined by 25% in the Jan-Feb period this year when compared to the corresponding period in 2024. Grape exports usually begin in the first week of Jan and continue until mid-April. Nashik district has exported 66,000 tonnes of grapes between Jan and Feb this year. In comparison, last year, the district […]
The International Air Transport Association (IATA) has released data for January 2025, marking the 18th consecutive month of growth in global air cargo demand. Total demand, measured in cargo tonne-kilometers (CTK), rose by 3.2% compared to January 2024, while capacity, measured in available cargo tonne-kilometers (ACTK), increased by 6.8% year-on-year. India’s logistics sector stands to benefit […]
The UK is imposing a new wave of sanctions against the Russian oil trade, targeting an additional 40 ships. The biggest sanctions package against Russia’s shadow fleet brings the total number of oil tankers sanctioned by the UK to 133—more than any other European nation. Publishing details of the sanctions, Britain said the ships being targeted had […]
The Indian government has taken immediate and decisive action to control the export of unapproved combination drugs containing Tapentadol and Carisoprodol manufactured by Aveo Pharmaceuticals, Mumbai, to certain countries in West Africa, the ministry of health and family welfare said in a statement. The ministry said that in January, the Central Drugs Standard Control Organisation (CDSCO), […]
India achieved a major milestone in its agricultural exports with the successful first ever trial shipment of pomegranates to Australia via sea, an official statement confirmed on Monday. This marks a crucial step in expanding market access for Indian produce while optimising costs compared to air freight. Until now, pomegranate exports to Australia were primarily carried […]