Commercial operations begin at Multi Modal Logistics Park in Nagpur

The Multi Modal Logistics Park (MMLP), Nagpur, developed by NHLML and JNPA, began operations with the arrival of its first cargo on April 28.
Spread over 150 acres and costing ₹673 crore (~$79.42 million), the park aims to boost intermodal freight movement, reduce travel time, and enhance logistics efficiency with warehousing, cold storage, and customs facilities.Read More

01.05.2025Comments Off
US’ ILWU slams tariffs as ‘economic war on workers’ amid tariff war

The ILWU has strongly condemned the US tariffs on Chinese imports—now at 145 per cent—calling them an economic assault on working families.
It warned of job losses, rising costs, and worsening inequality.
Highlighting Ocean Network Express cancelling a shipping route and surging construction costs, the union argued tariffs do little to balance trade but instead burden consumers.Read More

01.05.2025Comments Off
Kuwait’s PIC invests $638 mn for 25% stake in Wanhua Chemical

Wanhua Chemical and PIC signed a joint venture agreement, with PIC investing $638 million for a 25 per cent stake in Wanhua Chemical (Yantai) Petrochemical.
Leaders from both sides attended the ceremony.
The partnership marks a new phase of collaboration, aiming to drive innovation, expand cooperation, and set a benchmark in the global petrochemical industry.Read More

01.05.2025Comments Off