DP World’s Unifeeder launches new India-Middle East weekly service

The DP World Group company Unifeeder launched a new service ‘PIC2’ with a 2407 TEUs vessel capacity aimed at enhancing the connectivity of the East Coast to Cochin and ultimately to the Middle East. “The new service will provide seamless connectivity between Chennai, Krishnapatanam, Visakhapatnam, Tuticorin, Kandla, Karachi, and Jebel Ali,” reads the release. With […]

Logistics company MOVIN to add EVs to its fleet

The hub in Chennai will enhance direct delivery services offered by MOVIN from the city and its adjoining industrial districts to high-demand cities including Pune, Ahmedabad, Kolkata, Bengaluru, Mumbai, and Delhi.

Major overhaul. Airlines can propose routes they want to fly under UDAN 5.0

In a major overhaul of the UDAN programme, the Ministry of Civil Aviation has announced that airlines can now propose routes they want to fly under the new UDAN 5.0 version. The move replaces the previous system in which the Ministry predetermined the routes airlines could operate on. Another significant change is the withdrawal of […]

ONE increases Africa, India, Middle East service frequency to weekly

Ocean Network Express (ONE) announced that the Africa, India and Middle East (AIM) service will increase its sailing frequency from fortnightly to weekly starting from May 2023. “This is part of ONE’s commitment to enhance our services in Africa. This upgrade to a weekly sailing frequency, will provide greater flexibility and convenience to cater to […]

Stock market update: Nifty Realty index advances 2.75% in an upbeat market

NEW DELHI: The Nifty Realty index traded positive around 11:05AM(IST)on Monday in an upbeat market. Godrej Properties(up 7.1 percent), Prestige Estates Projects(up 4.06 per cent), SOBHA(up 3.76 per cent), DLF(up 3.15 per cent) and Brigade Enterprises(up 2.72 per cent) were among the top gainers.

Inside UPS’ big plans to make a deeper foray into India’s logistics landscape

The global shipping & logistics major, UPS, is making a strategic investment of $15-20 million to expand its network of technology centres in India. It says its industry-leading technology will get a boost from India’s talent pool as these centres will complement UPS’s in-house technology development teams in the US and Europe.