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NEWS

 

TK will fly to Kathmandu (Nepal) from Sept 2013

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Turkish Airlines adds yet another city and country to its Far East network.


SA Cargo expands network via its Nairobi hub

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Saudi Airlines Cargo has announced the re-launch of its Nairobi hub and expansion of its network coverage in sub-Saharan Africa.


Duty-free import of flat TV sets banned from 26/08

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Bogged down by the current economic slide downs – with rupees touching all time low in relation to US Dollars and continued erosion in foreign exchange reserves, Government of India is resorting to some panic measures as per economists.


Key Developments in the Ports & Shipping Sector

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The Ministry of Shipping (MoS) has decided to involve the Competition Commission of India (CCI) to ensure that companies do not indulge in cartelisation or any unfair trade practices, once the new guidelines for tariffs at major ports come into force.


Weakening of global economy in third quarter

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The global economy has weakened slightly in the third quarter, mainly due to deceleration in Asia and Latin America, while North America shows signs of continuing recovery, according to a survey of more than 1,000 economists by the International Chamber of Commerce (ICC) and the Munich-based economic research institute IFO.


European Shippers Council protests weight-based air freight surcharges

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Plans of Lufthansa, Emirates and Korean Air to base surcharges on the weight of consignments have aroused protests from the European Shipper Council (ESC), reports Londons Loadstar.


Suez Canal is still a delicate area due to civil strife in Egypt

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Suez Canal operations are currently unaffected by civil strife, but risk is growing due to violence spreading across Egypt and no end being seen in the near future


Chinas VAT reform – highlights

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On 1st August 2013, China’s new Value-Added Tax (VAT) reform was extended nationwide. This reform implies the shift from turnover tax (Business Tax - BT) to a value-added tax across many industries and service types, including transportation services and logistics-related services.



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With the power of global muscle, local insight, uncanny instinct, state of the art technology, innovative ideas and time-tested values, We Deliver The World To Our Customers. We have 15 office across India, a 200-member team strength, partnerships in 48 countries. Armed with these strengths we are geared to manage and handle cargo across the globe. What’s more, we go that extra mile, everytime, to serve YOU. 
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