Logistics parks construction to kick off at 4 major cities

The construction of logistics parks starting with four major cities – Bengaluru, Mumbai, Surat and Nagpur – has received a major push from the government following the Union Cabinet’s approval last month to set up logistics parks at 35 locations under the Bharatmala programme. The multimodal parks are being planned as centres of freight aggregation, … Continue reading “Logistics parks construction to kick off at 4 major cities”

Zunum’s hybrid-electric airliner to launch by 2022

Image by: Zunum Aero Zunum, a Seattle based startup backed by venture arms of Boeing Co. and Jet Blue Airways Corp. plans to deliver hybrid e-planes by 2022 which could reduce the time and cost of trips under 1,600 km. The hybrid electric jet will seat up to 12 people, fly up to 700 miles … Continue reading “Zunum’s hybrid-electric airliner to launch by 2022”

Freight forwarders in India need to cease acting as ‘mom-and-pop shops’

India’s freight forwarders must evolve and cease to act as “mom-and-pop shops” as they face industry disruption from ocean carrier consolidation, automation and a tax system overhaul. However, with local shippers experiencing gradual increases in ad-hoc freight rates, one potential side effect, as well as an advantage for forwarders, is the trend towards long-term contracts. … Continue reading “Freight forwarders in India need to cease acting as ‘mom-and-pop shops’”

India’s 7,200 km multi-modal transport corridor to ease freight movements in Eurasia

India plans to construct the International North South Transport Corridor, a 7,200-kilometre goods corridor including rail, road, air and maritime connections from Mumbai to St. Petersburg via Iran. The mega-project is one of many transnational trade routes that will ease international freight movements through poly lateral trade agreements and standardised transport policies. India joins the … Continue reading “India’s 7,200 km multi-modal transport corridor to ease freight movements in Eurasia”