The Jawaharlal Nehru Port Trust (JNPT) expansion project is poised to kick off in 2025, ushering in a promising decade of employment growth and economic development. As one of India’s premier maritime hubs, JNPT plays a pivotal role in facilitating trade and commerce, and the expansion project is expected to further enhance its capacity and capabilities to meet the evolving needs of global shipping and logistics.
The expansion of JNPT comes at a crucial juncture as India seeks to bolster…
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Category: Logistics
Alps Logistics Co Ltd – Logisteed Unit LDEC To Launch Tender Offer For Its Shares At 5,774 Yen Per Share
Alps Logistics Co Ltd – Logisteed Unit LDEC To Launch Tender Offer For Its Shares At 5,774 Yen Per Share
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Cargo plane lands without front wheels in terrifying viral video, watch
A terrifying video depicting a Boeing 767 making a precarious landing without its front landing gear has sent shockwaves across social media platforms. The dramatic incident unfolded during the cargo plane’s journey from Paris to Istanbul when its landing gear failed to deploy.COMMERCIAL BREAKSCROLL TO CONTINUE READING
According to reports from Turkey’s transport ministry, the aircraft, which belonged to FedEx Express, successfully managed to touch down on the runway without causing any…
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JINGDONG Property Continues Global Expansion with Key Overseas Projects
JINGDONG Property, Inc. (“JDP”), a leading and the fast-growing infrastructure investment and asset management platform of JD.com, and EZA Hill Property Management Pte Ltd (“EZA Hill”), a Singapore-based real asset business, successfully completed the joint acquisition of a logistics portfolio from ESR-Logos REIT for a total consideration of approximately SG$350 million including land premium. This represents the first acquisition for both JDP and EZA Hill in Singapore. In…
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Source: https://jdcorporateblog.com/jingdong-property-continues-global-expansion-with-key-overseas-projects/
VPA becomes lifeline for industries hit by strike at Gangavaram Port
Visakhapatnam: With several ships getting diverted to the ports in the neighbourhood following a strike by the workers of Adani Gangavaram Port Private Limited (AGPPL) since April 12, Visakhapatnam Port Authority (VPA) has emerged as a Good Samaritan in coming to the rescue of several industries including RINL-Visakhapatnam Steel Plant which faced the threat of closure due to standstill in supply of imported coking coal.The strike is still continuing due to failure in talks initiated by the…
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Probe launched after Boeing cargo plane lands in Istanbul without front landing gear – Reuters
Probe launched after Boeing cargo plane lands in Istanbul without front landing gear Reuters
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Mangalore Today
Last cruise ship of current season arrives at New Mangalore Port
Mangalore Today News NetworkMangaluru, May 08, 2024: The ninth and last cruise ship of the current season arrived at New Mangaluru Port on Tuesday. ‘Riviera’ with 1,141 passengers and 752 crew members called at the port at 8.30 a.m.
The Marshall Islands-flagged ship berthed alongside berth No. 4 in the port. The ship had highest number of…
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Shopify Falls on Surprise Loss, Hit From Logistics Unit Sale
Shopify Inc. shares tumbled after the Canadian e-commerce company reported a surprise net loss in the first quarter after the sale of its logistics business last year.The company posted a loss of $273 million after a profit of $68 million a year earlier. The loss per share was 21 cents on revenue of $1.86 billion, the company said in a statement on Wednesday.The US-traded shares tumbled 18 percent in premarket trading in New York.After rallying more than 120 percent last year, Shopify shares…
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Visakhapatnam Steel Plant employees take out a rally seeking release of coking coal from Adani Gangavaram Port
Regular and contract employees of Rashtriya Ispat Nigam Limited (RINL), the corporate body of Visakhapatnam Steel Plant (VSP), along with trade union leaders took out a rally towards Adani Gangavaram Port Limited (AGPL), here on Wednesday, demanding release of coking coal. The coal has been stocked at the port since April 12.Over 1,000 employees including RINL Chief General Manager (HR) G. Gandhi, walked from Balacheruvu Gate of Vizag Steel Plant and interacted with the agitated workers of…
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Varying opinions on the tracks regarding STB’s adopted reciprocal switching rule
Feedback regarding the recent adoption of the reciprocal switching rule by the Washington, D.C.-based Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, could be viewed as mixed.
Reciprocal switching has long been a prevalent topic in freight railroad circles. As previously reported by LM, STB’s previously proposed reciprocal…
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