Indian dockworker unions have tentatively agreed to defer a nationwide indefinite strike that was to begin March 9 by a week, setting the stage for negotiations between the stakeholders to reach a settlement.
Danish delegation led by Minister for Trade and Economic Affairs, Denmark visits APM Terminals CFS facility in Dadri
04 Mar 2015
Anticipating significant growth in freight traffic, the government of India will allow state-owned Railways to create a new arm to provide end-to-end logistics solutions.
04 Mar 2015
Indian dockworker union leaders and officials from the Ministry of Shipping are expected to hold talks on Wednesday in New Delhi in an attempt to avert an indefinite industrial action planned to begin March 9 at major ports, including Jawaharlal Nehru Port Trust, the nation’s largest container handler, port sources in Mumbai said.
02 Mar 2015
Spot rates on the Asia to the Middle East and South Asia are being undermined as carriers on the trades struggle to maintain load factors to support freight rate increases, according to Drewry Container Insight.
02 Mar 2015
The Indian federal government pledged to go ahead with its plans to make major ports independent companies instead of government-controlled landlord ports despite fierce opposition from the highly unionized labor force.
01 Mar 2015
Air cargo leaving India has been hit with severe delays because of poor weather and the lingering impact of U.S. West Coast port congestion on world trade, according to a U.S. freight forwarder specializing in air and ocean freight in the Far East.
28 Feb 2015
PSA International kick-started work on its $350 million expansion of Jawaharlal Nehru Port Trust after signing a contract related to dredging and reclamation work for a fourth container terminal at India’s largest container gateway.
27 Feb 2015
Mediterranean Shipping Co. is adding a new container service in the India-Australia-Mediterranean route, called the Australia Express, as the Geneva-based carrier beefs up its India connections to serve growing trade volumes.
26 Feb 2015
Mediterranean Shipping Co. plans in late April to launch a new container service directly linking India and China to capitalize on the booming intra-Asia cargo trade.
25 Feb 2015
A nationwide indefinite dockworker strike is planned to start March 9 in India, threatening to disrupt the country’s transport systems when port volumes see a turnaround.
24 Feb 2015
Trade between China and Iran has been growing at almost 40 percent a year since 2012, driven by rapidly rising consumer demand, according to a Seabury Group study.