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Air cargo services between India and Afghanistan will commence very soon, an Indian External Affairs Ministry official said on Friday, during a visit by Afghanistan's Taliban Trade Minister Al-Haj Nooruddin Azizi to India. "I am pleased to announce that the air freight corridor on the Kabul-Delhi sector and Kabul-Amritsar routes have been activated and cargo flights on these sectors will commence very soon," Anand Prakash, Joint Secretary in the Ministry of External Affairs, said. "This will significantly enhance their connectivity and further strengthen our trade and commercial ties," he added. The official further informed that on Thursday, both sides agreed to depute a trade attache in each other's embassy to oversee and support bilateral trade cooperation. Moreover, he said, the joint working group on trade, commerce and investment will be reactivated to boost bilateral trade between India and Afghanistan. "Bilateral trade stands at around 1 billion. However, there remains ..
Multimodal logistics operator Allcargo Terminals Ltd (ATL) on Tuesday said it plans to raise Rs 38.28 crore through the issuance of up to 1.32 crore fully convertible warrants to the promoters/promoter group. The proposed fundraise, which will kickstart ATL's three-year expansion plans, will be utilised for building capacity and setting up new container freight stations (CFS) and inland container depots (ICDs), the company said. An Allcargo group firm, ATL, specializes in CFS and ICD with pan-India presence, serving diverse logistical requirements at strategic locations such as JNPT, Mundra, Chennai, and Kolkata. "The Board of Directors of ATL has approved the preferential allotment in its meeting held on July 15, 2025," Allcargo Terminals said. "As India's logistics sector undergoes structural transformation, ATL is well positioned to scale up operational capacity while remaining capital-efficient and growth-focussed, creating sustainable value for all stakeholders," said Shashi .
A Bird Group's cargo vehicle hit the wing of a stationary Akasa Air aircraft at Mumbai Airport on Monday, causing some damage to the right winglet, according to sources. However, there was no impact to passengers or the employees in the incident, which took place early morning on Monday after the airline's flight QP-1736 arrived here from Bangalore and the baggage and cargo were being offloaded, they said. The driver of the cargo truck apparently misjudged the height of the Boeing 737-Max aircraft's wing, leading to the vehicle clipping with the aircraft's wing, according to sources. "A third party ground handler, while operating a cargo truck, came in contact with an Akasa Air aircraft that was parked at Chhatrapati Shivaji Maharaj International Airport, Mumbai. The aircraft is currently undergoing a thorough inspection," Akasa Air said in a statement. The airline also said that it is investigating the incident with the third party ground handler. Delhi-based Bird Group's company
India's ban on ships carrying Pakistani goods from anchoring at its ports has increased freight charges and transit time, according to a media report. Following the Pahalgam terror attack, India imposed a comprehensive ban, effective May 2, 2025, on the direct or indirect import or transit of goods originating in or exported from Pakistan. Pakistani importers said the Indian ban has resulted in longer shipping times and higher freight charges, Dawn newspaper reported on Sunday. Mother vessels are not coming to Pakistan due to this Indian action, which delays our imports by 30 to 50 days, said Javed Bilwani, President of the Karachi Chamber of Commerce and Industry. He said importers are now relying on feeder vessels, which raises costs. Exporters also reported a spike in shipping and insurance costs following the Indian ban. However, they said the overall impact on exports remains minimal, the paper reported. There is no significant impact on exports..., except for a rise in insu
India's major ports registered a 4.3 per cent rise in cargo handling to 855 million tonnes in 2024-25, an official statement said on Tuesday. The increase in traffic was driven by higher container throughput (10 per cent), fertiliser cargo handling (13 per cent), POL cargo handling (3 per cent), and handling of miscellaneous commodities (31 per cent) compared to the previous fiscal year, according to the statement. There are 12 major ports, wholly owned by the Government of India and governed by the provisions of the Major Port Authorities Act, 2021. These are Deendayal Port, Mumbai Port, Jawaharlal Nehru Port, Mormugao Port, New Mangalore Port, Cochin Port, VO Chidambaranar Port, Chennai Port, Kamarajar Port, Visakhapatnam Port, Paradip Port and Syama Prasad Mookerjee Port. Among commodities handled at major ports, Petroleum, Oil, and Lubricants (POL)-including crude, petroleum products, and LPG/LNG-led the charts with a volume of 254.5 million tonnes (29.8 per cent), followed by
Dubai-based cargo operator SolitAir Holding is looking to invest USD 25 million in the domestic market in the first year of operations, its founder and Chief Executive Officer Hamdi Osman has said. Osman, a logistics industry veteran who served a 30-year stint with the American multinational conglomerate FedEx till 2011, also said that India is very "critical" to global trade and SolitAir places it at the top of its 50-city mission and vision that it is looking at in the long-term. The UAE's only dedicated cargo-agnostic airline operating express daily scheduled services between Dubai and high-yield key trade routes across the Global South, started operations last year with a Boeing 737 freighter plans to connect and service 50 cities within a six-hour flight radius of the UAE through its air cargo network. "Based on cost and investment coming into India, we are talking anywhere between USD 20-25-million investment in the Indian market in the first year," Osman told PTI. The compan