After negative growth in 2022-23, air cargo volumes grew 18% year-on-year from October 2023 to March 2024 and 20% year-on-year from April 2024 to August 2024.
With the ongoing conflict at the Red Sea, India needs to take a long-term view of the PLI scheme and its ambition to emerge as a hub of shipping containers.
Massive demand and ultra-cold temperatures needed to store vaccines present an unprecedented logistical challenge, but these companies think they’re in good shape to tackle it.
With hundreds of those jets parked in deserts waiting out the pandemic, airfreight costs have spiraled: rates to North America from Hong Kong are up almost 70% from early January.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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