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Stepping into food processing and logistics business in the GCC— SOHAR Port and Freezone...

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The Sultanate of Oman’s SOHAR Port and Freezone, in collaboration with the Federation of Indian Chambers of Commerce and Industry (FICCI) is conducting its second webinar “Food for Thought: Setting up your Food Business in SOHAR to...

UNCTAD, IATA extend partnership to facilitate global trade leveraging improved exchanges of data and...

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United Nations Conference on Trade and Development (UNCTAD) and The International Air Transport Association (IATA) has extended their collaboration to facilitate international trade, particularly e-commerce. This includes the successful integration of air cargo messaging...

World Container Index rose 15.9% to $8,061.65 per 40ft container, reports Drewry

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Drewry’s World Container Index (WCI) saw its steepest climb since it started in 2012. The index, published yesterday, reported a rise of 15.9% or US$1,104 to reach US$8,061.65 per forty-foot equivalent unit (FEU)—which is 332% higher than...

Avalara Treaty and Trade Restriction Management capabilities to empower sellers in cross-border commerce

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Avalara Inc, a leading provider of cloud-based tax compliance automation for businesses of all sizes, recently added ‘Trade Treaty Support’ and ‘Trade Restrictions Management’ capabilities to its cross-border solution. These new features enable businesses to take advantage...

CMA CGM Group and Hasti Petro Chemical & Shipping launch weekly block train service...

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The CMA CGM Group and The Thar Dry Port (A unit of Hasti Petro Chemical & Shipping) jointly received their first-ever block train. This new service is the first block train by a shipping line between Mundra...

Amazon and Karnataka govt sign MoU for prosperity of MSMEs and their e-commerce exports

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Amazon India recently signed a Memorandum of Understanding (MoU) with Department of Industries & Commerce, Government of Karnataka to help drive e-commerce exports from the state. As part of the MoU, Amazon will train...

DHL GCI 2020 signals recovery; Netherlands tops followed by Singapore, Belgium, UAE and Ireland

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DHL and the NYU Stern School of Business have released the DHL Global Connectedness Index 2020 (GCI). The report, now in its seventh edition, is the first comprehensive assessment of globalisation during the spreading COVID-19 pandemic. It...

Miami International Airport surpass annual cargo handling record

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Miami International Airport (MIA) is set for a record-high year in cargo handling. The hub, which has processed 1.9m tonnes of cargo from January to October this year, is on-track to surpass its annual...

40% discount on cargo movement between India and Chabahar Port extended for a year

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India's Ministry of Shipping on Friday stated that it has increased the current 40 per cent discount for transportation of cargo between India and Chabahar port in Iran for one more year as a measure to boost...

GMR Hyderabad receives ACI ASQ Best Airport awards

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GMR Hyderabad International Airport Limited (GHIAL) recently received the trophies of the Airports Council International (ACI) Airport Service Quality (ASQ) Departures Awards for being 'Best Airport by Size and Region' and its first-ever 'Best Environment and Ambience by...

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Air Cargo demand up 12% in April compared to Pre-COVID Levels,...

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The International Air Transport Association (IATA) released April 2021 data for global air cargo markets showing that air cargo demand continued to...

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