Category: Shipping/Logistics

The Visakhapatnam port, performing very well during the current year, has handled 15.6 million tonnes (mt) of cargo during the first quarter, against 13.3 mt during the corresponding period last year. According to port...

Real estate private equity firms’ interest in warehousing and logistics park space is expected to rise with the proposed rollout of Goods & Services Tax. Given the current complicated tax structure, the logistics decision...

With a slew of concessions on cargo handling and labour levy amounts and initiatives taken to improve significantly for removal of bottlenecks for faster evacuation of cargo, Visakhapatnam Port was able to sustain its...

Logistics industry is projected to grow at a compounded annual growth rate of 15-20 per cent between 2015-16 and 2019-20 that will get a further boost if GST is rolled out from this year,...

The State government has apprised the Centre of its concerns about the in-principle clearance to set up a port at Eenayam in Colachel, 30 km from Vizhinjam, Chief Minister Pinarayi Vijayan has said. Replying...

The government has prepared a road map for setting up 15 multi-modal logistics parks around major cities, which have a share of about 40% of country’s freight movement by road. With an estimated investment...

These savings can be achieved if the logistics costs are brought down to 9% from 14% of the country’s GDP. India can save up to $50 billion (around Rs 3.33 lakh crore) if logistics...

The government is set to kick off an ambitious scheme to track the movement of freight containers through a smart chip as it looks to speed up cargo movement and decongest ports. In the...