DHL Express to add 14 new Boeing 777 Freighters

DHL Express, the express division of global logistics major Deustche Post DHL, has embarked on a major fleet strengthening plan.  The company has placed an order for 14 Boeing 777 Freighters, which also includes options and purchase rights for 7 additional aircraft. The delivery of the first four planes is expected to be completed in 2019. “The acquisition of the 14 Boeing airplanes reflects a gradual replacement of our older intercontinental fleet. As the most fuel-efficient, most reliable freighter type with the best long-haul range, these aircraft will contribute to…

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Modest growth for major ports in April-July period

The major ports in India have recorded a growth of 4.13% and together handled 231.48 Million Tonnes of cargo during the period April to July, 2018 as against 222.29 Million Tonnes handled during the corresponding period of previous year. During this period nine Major Ports – Kolkata (incl. Haldia), Paradip, Visakhapatnam, Kamarajar, Chennai, Cochin, New Mangalore, JNPT and Deendayal have registered positive growth in traffic. The highest growth was registered by Kamarajar Port (12.18%), followed by Cochin (10.30%), Paradip (8.31%), New Mangalore ( 7.88%) and Kolkata [inc. Haldia] (7.74%). Deendayal (Kandla) Port…

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Exports growth continues to be in positive territory

Exports during July 2018 were valued at US $ 25.77 billion as compared to US $ 22.54    billion during July 2017 exhibiting a positive growth of 14.32 per cent. In Rupee terms, exports were valued at Rs. 1,77,041.47crore in July 2018 as compared to Rs. 1,45,308.10 crore during July 2017, registering a positive growth of 21.84 per cent.        During July 2018, major commodity groups of export showing positive growth over the corresponding month of last year are engineering goods, gems and jewellery, drugs & pharmaceuticals. Cumulative value of exports…

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FIEO’s mobile app Niryat Mitra unveiled

The apex industry association of Indian exporters, Federation of Indian Export Organisations (FIEO) has unveiled a dedicated mobile app which will provide a wide range of information at all stages of transaction. The app named as Niryat Mitra was launched by Union Minister of Commerce & Industry and Aviation Suresh Prabhu in Delhi. The app,  available both on Android and IOS, will provide information required to undertake international trade right from the policy provisions for export and import, applicable GST rate, available export incentives, tariff, preferential tariff, market access requirements…

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Future- MaxWholesale partnership to target grocery stores

Future Consumer has joined hands with MaxWholesale for the larger penetration of the humumgous grocery stores market Delhi/ NCR. Future Consumer is India’s first sourcing-to-supermarket food vertical under the Future Group umbrella. MaxWholesale is a new age e-wholesale platform disrupting using the efficiencies of its proprietary digital platform. As a part of the agreement, MaxWholesale will make its technology platform available to Future Consumer and enable distribution of the staples assortment of Future Consumer’s products to the neighbourhood grocery stores. The product assortment includes daily use commodity items like pulses,…

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Fastags adoption at a fast pace

The Ministry of State for Road Transport and Highways’ Fastags (cashless movement of vehicles  via toll plaza ) adoption programme is unfolding at a steady pace. According to a recent ministry release, at the beginning of this month, 26,59,042 RFID Tags have been issued in the country.  “Government has taken a number of steps to popularise FASTags among highway users. To facilitate easy availability of FASTag, it is being made available through kiosks set up by tag-issuer banks and also through online platforms. Mobile applications such as My FASTag have…

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Akshay Kumar is the new face of road safety campaigns

A day prior to independence day celebrations,  Union Minister for Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari  launched three short films for generating public awareness towards road safety. Film actor Akshay Kumar has featured in these films and on the occasion Gadkari also announced the appointment of the popular actor as Road Safety Brand Ambassador. Appreciating Akshay Kumar’s concern for social activism, the Minister recalled his recent movies ‘Padman’and ‘Toilet : Ek Prem Katha’ which have gone a long way in passing the…

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76 additional flights for passengers affected by Kerala floods

Domestic aviation major SpiceJet has put into the service an additional 76 flights to help passengers affected by the floods in Kerala which has resulted in the closure of the Kochi airport. Effective from 17th August 2018, the airline is operating new and additional direct flights on the routes of Chennai-Thiruvanathapuram, Bengaluru-Kozhikode, Male-Thiruvananthapuram, Bengaluru-Thiruvananthapuram, Kozhikode-Chennai, and Dubai-Kozhikode. SpiceJet will be deploying a mix of both Boeing 737 and Q400 on these routes. The new flights are expected to lend a strong hand to the rescue operations that are currently on after the Kerala…

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Record breaking quarter for American Airlines

Driven by nearly 350 million pounds (158 million kilograms) of freight, up from 318 million (144 million kilograms) the same time last year, American Airlines Cargo achieved record-setting growth in the second quarter, while also posting a record month in June. Several key trends contributed to the record month and quarter. E-Commerce related movements supported significant growth across the network, particularly out of Asia, Europe and Brazil, while pharmaceuticals, fruit and flowers were the largest growing commodities throughout the timeframe. Other factors driving the success of the second quarter included:trucking…

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APSEZ reports 9% growth in cargo volume in Q1

Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest private sector port developer has announced 9 percent growth in cargo in the first quarter ending 30th June, 2018. The total cargo volume in the first quarter shot upto 48.07 MT as against 43.99 MT in the corresponding quarter last year.   The growth was primarily driven by crude which grew by 65% and containers which grew by 16%.The cargo volume growth at three larger ports operated by the company stood at: Mundra (5%), Hazira (14%) and Kattupalli (13%). The company…

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