Logistics News - Latest Updates & Headlines
India withdraws transshipment facility for Bangladesh
New Delhi, April 9: The Ministry of External Affairs (MEA) on Wednesday announced the withdrawal of the transshipment facility previously extended to Bangladesh, citing logistical challenges and congestion at Indian ports and airports.
MSC Turkiye makes historic berth at Vizhinjam Port, marking milestone in Indian maritime sector
Thiruvananthapuram, April 9: Vizhinjam International Seaport, developed and operated by Adani Ports and SEZ Ltd (APSEZ), today welcomed one of the world's largest and most eco-friendly container vessels -- MSC Turkiye -- in a landmark moment for India's maritime industry.
Foreign capital makes strong comeback in Indian real estate sector in FY25
Mumbai, April 7: Foreign capital made a strong comeback in the Indian real estate sector in FY25, with cumulative investments at 3.1 billion, compared to $2.6 billion in FY24, a report showed on Monday.
Japan launches new maritime unit to counter China amid tensions over Taiwan Strait
Hiroshima, April 7: Japan's Defence Minister Gen Nakatani on Sunday expressed commitment to enhancing the transport capabilities of the Self-Defense Forces for remote southern islands via a newly established unit focused on maritime logistics amid rising tensions over the Taiwan Strait, as reported by Kyodo News.
Lok Sabha passes Coastal Shipping Bill, 2024
New Delhi, April 3: The Lok Sabha passed the Coastal Shipping Bill, 2024, paving the way for a dedicated legal framework for coastal trade as the maritime sector aims to provide a economical, reliable and sustainable mode of transportation as it decongest road and rail network.
Rajasthan: CM Bhajanlal Sharma launches Rajasthan Logistics Policy 2025
Jaipur, April 3 .: To make Rajasthan a 350 billion economy by 2030 and ensure an investment-friendly industrial environment, Chief Minister Bhajanlal Sharma has launched the Rajasthan Logistics Policy--2025, an official statement said.
Mundra Port becomes India's first to handle 200 million tonne cargo
Ahmedabad, April 2: Mundra Port in Gujarat, the largest private port, has set a new benchmark by becoming the first Indian port to handle over 200 million metric tonnes (MMT) of cargo.
Railways poised to cross record 1.6 billion tonnes freight loading in 2024-25: Vaishnaw
New Delhi, April 2: Indian Railways is set to achieve 1.6 billion tonnes freight loading in FY 2024-25, making it the third largest freight handling railway system in the world, the Parliament was informed on Wednesday.
Railways freight movement surpasses 1,617.3 million tonnes in 2024-25
New Delhi, April 1: Indian Railways has recorded a robust 19.72 per cent growth in loading of domestic container freight to register an incremental loading of 1.68 per cent across all commodities in 2024-25, compared with the previous financial year.
India's express parcel market to add 24-29 bn shipments to logistics sector by FY30
Bengaluru, March 28: India's express parcel market is set for exponential growth, adding 24-29 billion shipments to the logistics sector by FY2030, a report showed on Friday.
India's Industrial and Logistics sector set for strong growth in 2025 due to high demand from E-commerce: CBRE
New Delhi, March 28: India's industrial and logistics (I&L) sector is expected to witness strong growth in 2025, driven by increasing demand for warehousing, particularly from e-commerce companies, according to a report by CBRE.
The 90th Network Planning Group meeting reviews key infrastructure projects
New Delhi, March 27: The 90th meeting of the Network Planning Group (NPG) took place on Thursday to assess infrastructure projects in the road, railway, and metro sectors. According to a release, the meeting focused on improving multimodal connectivity and enhancing logistics efficiency in accordance with the PM Gati Shakti National Master Plan (PMGS NMP).
IIM Mumbai and CAG of India signs MoU on Logistics, Supply Chain, and Inventory Management
New Delhi, March 25: In a significant move to enhance the efficiency and transparency of public sector logistics, supply chain, and inventory management, the Indian Institute of Management Mumbai (IIM Mumbai) and the Comptroller and Auditor General (CAG) of India signed a Memorandum of Understanding (MoU) here today.
India set to double its startup count by 2030, create 5 crore jobs: Minister
Vadodara, March 23: The number of Indian startups is expected to double from 1.2 lakh to 2.4 lakh by 2030, creating 50 million new jobs, Minister of State (Independent Charge), Skill Development and Entrepreneurship, Jayant Chaudhary, said on Sunday.
Skill gap issues need to be addressed through industry-academia-govt partnerships: Jayant Chaudhary
New Delhi, March 23: Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship Jayant Chaudhary highlighted that in today's knowledge driven world, right skill set gives both the merit as well as national growth.
Delhi-NCR has potential to develop additional 34.6 mn sq ft warehousing space: Report
New Delhi, March 22: Delhi-NCR recorded 9.2 million square feet (mn sq ft) of warehousing transactions in 2024, which is 16 per cent of the overall market share, a report showed on Saturday.
India eyes single-digit logistics costs to rival China & US, says Nitin Gadkari
New Delhi, March 20: Nitin Gadkari, Minister for Road Transport & Highways emphasized the nation's commitment to reducing logistics costs from the current 14-16 per cent to single digits, positioning India to compete effectively with global economic powerhouses like China and the US, at 32nd Convergence India & 10th Smart Cities India Expo.
Govt's infrastructure push to enable India's logistics compete with China, US: Gadkari
New Delhi, March 20: With the rapid development of infrastructure, the government aims to bring down logistics costs by more than 5 percentage points to less than 10 per cent of GDP so that India becomes more competitive with China and the USA, Union Minister for Road Transport and Highways Nitin Gadkari said on Thursday.
India's warehousing and logistics sector sees massive 203 pc investment surge in 2024
New Delhi, March 20: 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, a report showed on Thursday.
ULIP surpasses 100 crore API transactions in big boost to logistics sector
New Delhi, March 19: The Unified Logistics Interface Platform (ULIP) has surpassed a landmark 100 crore API transactions, reinforcing its role as a game-changer in India's logistics sector.
Cabinet okays Rs 4,500 crore 6-lane highway for high-speed link to JNPA port
New Delhi, March 19: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday, approved the construction of a 6-lane, access-controlled greenfield high-speed National Highway starting from JNPA port (Pagote) to Chowk (29.219 km) in Maharashtra.
Cabinet approves 6-lane Greenfield Highway in Maharashtra on BOT mode
New Delhi, March 19: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the construction of a 6-lane access-controlled Greenfield High-Speed National Highway starting from JNPA Port (Pagote) to Chowk (29.219 km) in Maharashtra.
DMRC to begin South Asia's first metro-enabled logistics service
New Delhi, March 16: The Delhi Metro Rail Corporation (DMRC) on Sunday announced a groundbreaking partnership with Blue Dart, a leading express logistics provider, to launch an urban logistics service --marking a first-of-its-kind initiative in the entire South Asia Pacific region.
Highways built under Bharatmala Pariyojana near 20,000 km-mark: Gadkari
New Delhi, March 15: Contracts for constructing highways across 26,425 km in the country have been awarded under Bharatmala Pariyojana, out of which 19,826 km have been completed so far, according to information tabled in the Lok Sabha.
Railways freight movement shoots over 1,465 MT in FY24-25
New Delhi, March 15: Indian Railways loaded 1,465.371 metric tonnes (MT) of freight in FY 2024-25 so far, up from 1,443.166 MT in the full financial year 2023-24, according to the latest figures compiled by the Ministry of Railways.
Railways freight movement shoots up to 1.47 million tonnes in April-Feb
New Delhi, March 15: Indian Railways loaded 1,465.371 million tonnes (MT) of freight in the 11 months of FY 2024-25 so far, up from 1,443.166 MT in the full financial year 2023-24, according to the latest figures compiled by the Ministry of Railways.
NFR GM inspects railway infrastructural work progress at Jogighopa
Guwahati, March 12: Northeast Frontier Railway's General Manager, Chetan Kumar Shrivastava, recently inspected the ongoing construction of the Multi-Modal Logistics Hub (MMLP) at Jogighopa, a critical infrastructure project under the Gati Shakti Multi-Modal Cargo Terminal Master Plan.
Warehousing demand in India records 12 pc growth, Mumbai leads: Report
Mumbai, March 12,: Warehousing transaction volumes in India's eight primary markets reached 56.4 million square feet (mn sq ft) in 2024, a 12 per cent year-on-year (YoY) increase from 50.3 mn sq ft in 2023, according to a report by real estate consultancy Knight Frank India released on Wednesday.
NHLML , IWAI sign treaty for state-of-art multi-modal logistics park in Varanasi
New Delhi, March 11: National Highways Logistics Management Limited (NHLML) and Inland Waterways Authority of India (IWAI) on Tuesday signed a Mamorandum of Understanding (MoU) to develop a state-of-the-art Multi-Modal Logistics Park (MMLP) in Varanasi.The Ministry of Ports, Shipping and Waterways said in a release on Tuesday that the 50-acre park is strategically connected to NH7 via a 650m access road and is just 1.5 km from the NH7-NH2 junction.
Adani Ports well positioned for strong growth amid India's development push: Macquarie Report
New Delhi, March 11: Adani Ports and Special Economic Zone (ADSEZ) is well positioned to benefit from India's long-term growth due to its strategic business model and alignment with the country's development goals, according to a report by Macquarie Equity Research.
Macquarie says Adani Ports poised to capitalise on India's long-term growth, gives 'outperform' rating
Ahmedabad, March 11: Adani Ports and Special Economic Zone Ltd (APSEZ) is well positioned to capitalise on India's long-term growth potential due to its businesses' thematic alignment with the nation's development, a Macquarie Equity Research report has said, giving the country's leading ports operator an 'outperform' rating.
AI, automation likely to drive growth in India's warehouse sector: Report
New Delhi, March 11: As India’s warehousing sector is expanding rapidly, companies are increasingly adopting artificial intelligence (AI) and automation to improve efficiency and safety, a new report said on Tuesday.
DPIIT releases study on Enabling Women's Participation in India's Logistics Sector
New Delhi, March 8: Amardeep Singh Bhatia, secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) in the Ministry of Commerce and Industry, on Saturday released a study titled "Enabling Women's Participation in India's Logistics Sector."
Time to enhance gender diversity in $380 billion logistics sector: DPIIT
New Delhi, March 8: A new study by the Department for Promotion of Industry and Internal Trade (DPIIT) on Saturday recommended policy measures to enhance gender diversity in the rapidly growing logistics industry, which is projected to reach $380 billion by 2025.
French shipping giant to invest USD 20 billion in US; create 10,000 new jobs in America: Trump
Washington DC, March 7: President Donald Trump said the French-based CMA CGM, one of the largest shipping companies in the world, will invest USD 20 billion into America's shipping and logistics sector thereby creating approximately "10,000 new jobs in the US."
DHL to cut 8000 jobs in Germany
Frankfurt, March 6: Germany's logistics giant DHL Group announced on Thursday that it will cut 8,000 jobs at Post and Parcel Germany, a division dealing with post and parcels in Germany, as part of a broader cost-cutting initiative aimed at saving up to 1 billion euros (1.08 billion US dollars) in 2025.
Kia India crosses 60,000 SUV deliveries via rail network across Northern, Eastern, and Western Regions
New Delhi, March 6: Kia India has transported over 60,000 SUVs via the railway network to the northern, eastern, and western regions of the country.
Indian railways signals weak container growth trend amid global uncertainty: Nuvama
New Delhi, March 5: Indian Railways (IR) latest data indicates a sluggish growth trend in container volumes, raising concerns over the performance of container train operators (CTOs) in Q4FY25, according to a report by Nuvama.
JLL facilitates NDR InvIT's key industrial park acquisition, boosting Gujarat's manufacturing sector
Mumbai, March 4: JLL India has successfully advised NDR InvIT Trust, India's first listed Warehousing and Industrial Parks InvIT, on the acquisition of a premium Grade A industrial warehouse near Surat, Gujarat.
Adani Group launches its latest film celebrating impact of Adani Ports: A new addition to Hum Karke Dikhate Hain stories
Ahmedabad, March 4: In continuation of its "Hum Karke Dikhate Hain" stories, the Adani Group announces the launch of its latest film, "Journey of Dreams," which highlights the transformative power of Adani Ports.