Rising demand from importers reckoning with the costs of detention and demurrage have fueled an $11 million investment into container management provider BlueCargo. READ SOURCE...
Operator ICTSI makes $343 million bid for new Melbourne container terminalThe port is unlikely to decide for another year or so how the terminal will be developed, meaning it could negotiate with ICTSI over its proposal or invite bids from other...
The Indian Railways has begun preparations for the first Vande Metro, a short-distance variant of the indigenous Vande Bharat trains, to be rolled out within the next 16 months.A top government official told ET that these may be deployed in...
Chinese electric vehicle maker Nio is planning to launch a new budget EV brand, sources have revealed. The auto firm is looking to build a factory in Chuzhou city in the eastern province of Anhui to produce the EVs,...
The Canadian military found and retrieved Chinese monitoring buoys in the Arctic at the end of last year, The Globe and Mail reported on Wednesday. The Department of National Defence and Canadian Armed Forces (CAF) said in a statement...
Tradepoint Atlantic will design and construct a 500,000-square-foot warehouse distribution center that will help ease the flow of cargo through Port Tampa Bay. READ SOURCE...
Russia picks up rail freight slack as China-Europe volume slumps Official data shows overall volumes on the China-Europe rail network rose 6 percent last year over the then-record throughput handled in 2021, but there is no distinction between cargo destined...
Israel's strategic Haifa port will be Adani Ports & SEZ's (APSEZ) biggest revenue generator outside India, a senior executive told ET.APSEZ is also building an incubation centre at the port there which will be the biggest startup accelerator for the...
IndiGo on Monday said its flight from the national capital to Deogarh was diverted to Lucknow following a "specific bomb threat".After following all necessary security protocols, the aircraft was cleared for takeoff and the airline is following the rules of...
Singapore-based Ocean Network Express, the sixth-largest global container line, will work with a division of Sony to track its global fleet of boxes. READ SOURCE...
