A great opportunity that can contribute to the betterment of the national economy continues to be unexploited, even unmentioned, while so much is being said and written about its poor state. As far as balance of payments issues are concerned, the shipping industry can become a major economic contributor. It is unfortunate that no in-depth […]
07
Apr
Apr
APL has announced the launch of the India Pakistan-Mediterranean Express (IPM) service—its first weekly service that directly connects India and Pakistan with the Mediterranean markets. “APL’s new IPM service signifies another milestone in broadening our Indian Subcontinent (ISC) service offerings. APL customers in South Asia can expect to benefit from its direct shipping route and […]
Logistics Information, News & Updates
Bottlenecks and resulting supply shortages to persist for some time
10
Dec
Dec
It might be a long wait before prices stabilize for everyone This whole year has been nothing less than apocalyptic for several economies. Port congestions brought forth series of business conundrums, aggravated by climate-related pressures. Soaring shipping rates also became the public enemy. Obsession with inflation warranted When port congestion dominated headlines, many businesses were either […]
10
Dec
Dec
China’s declining steel supply became an opportunity for Indonesia The United Kingdom-based steel analyst, MEPS, increased its global crude stainless steel production forecast to 56.8 million tones for 2021. It observed that Indonesia had also overtaken India to be the second largest stainless steel producer. The stage for 2022’s growth China was battered by an […]
News & Updates
Historic step – Islamabad-Tehran-Istanbul Road Corridor Becomes Operational for Trade
15
Oct
Oct
ISLAMABAD – The first two National Logistics Company (NLC) Trucks carrying goods from Pakistan reached Turkey via Iran, under the Transports Internationaux Routiers (TIR) convention. A ceremony was held on Friday at Murat Bey Customs Post in Istanbul to mark the launch of the tri-nation road corridor. The NLC trucks departed from Karachi on September […]