The Pakistan Goods Transport Alliance (PGTA) has announced a 40% reduction in freight transport fares following a recent cut in fuel prices across the country. The decision is expected to provide relief to businesses and consumers affected by rising logistics costs. Read More: PM Shehbaz launches digital fuel relief for transport sector PGTA President Malik Shahzad Awan confirmed the […]
LOGISTICS
Pakistan welcomes largest-ever container ship
Pakistan’s maritime industry reached a historic milestone as Karachi’s Hutchison Ports terminal received the largest container ship ever to dock in the country — the MSC Micol, a 400-meter-long vessel operated by the Mediterranean Shipping Company (MSC) with capacity for over 24,000 containers (TEUs). The arrival marks a new era for Pakistan’s port infrastructure, aligning […]
China port backlog will take weeks to clear, Maersk says
A backlog at China’s largest container terminal caused by a Covid-19 outbreak among port workers will take several weeks to clear, the world’s biggest shipping firm said Monday. Yantian port, in China’s southern trade hub Shenzhen, stopped accepting new export containers in May after a local infection cluster involving port workers — stifling trade at a […]