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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.

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.

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).

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.

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.

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.

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.