Saturday, Aug 20 2022 | Time 01:26 Hrs(IST)
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Business Economy


Cargolux selects IBS Software’s iCargo solution as next generation Cargo Management System

Thiruvananthapuram, Dec 13 (UNI) IBS Software has signed a strategic long-term deal with Cargolux, Europe’s No. 1 all-cargo airline, for the replacement of its cargo management system. Cargolux will deploy IBS Software’s iCargo SaaS solution to transform and manage its global air cargo business.
The iCargo implementation will enable Cargolux to further deliver and improve services and streamline customer experience, a press release said here on Monday.
iCargo’s air cargo ecosystem will allow the airline to realize improved efficiencies through lean business processes. With APIs providing enhanced rich data sharing, Cargoluxwill facilitate improved co-ordination with partners and deliver a superior experience to customers.
“Cargolux is in the midst of a digital transformation and the implementation of iCargo as our next generation cargo management system is another important step for us.” said Richard Forson, CEO of Cargolux.
“Cargolux is a pioneer in the global air cargo industry and commands great respect from peers and technologists like us at IBS Software, who are deeply embedded in the global air cargo industry. Technology is driving change and raising the strategic profile of cargo, and we’re proud to be at the forefront of such a significant shift," said Ashok Rajan, Senior Vice President & Head, Cargo & Logistics Solutions, IBS Software.
As an undisputed leader in air cargo, Cargolux is Europe’s biggest all-cargo airline with a fleet of Boeing 747-8 and 747-400 freighters.
UNI DS SHK2327
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Telangana Govt conducts Diplomatic Outreach Programme to promote State as Investment Destination

19 Aug 2022 | 8:45 PM

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19 Aug 2022 | 8:06 PM

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Kottayam-Kochi Rubber Market Rates

19 Aug 2022 | 5:40 PM

Kottayam, Aug 19 (UNI) Following were the Rubber Market rates announced by the Rubber Board here Friday per quintal
KOTTAYAM
RSS FOUR: 16200
RSS FIVE : 15600
ISNR TWENTY: 15900
SIXTY PERCENT LATEX: 10675
KOCHI
RSS FOUR : 16200
RSS FIVE : 15600
INTERNATIOAL RATES (BANGKOK)
RSS One : 13655
RSS Two : 13520
RSS Three:13397
RSS Four : 13330
RSS Five : 13229
KUALALUMPUR
SMR TWENTY : 11699($146.85)
SIXTY PERCENT LATEX : 9131($114.60)
UNI PA SHK1740.

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Flipkart inks MoU with IIMR to enable market access for FPOs & SHGs

19 Aug 2022 | 4:22 PM

Hyderabad, Aug 19 (UNI) Flipkart, India's homegrown e-commerce marketplace, on Friday signed a Memorandum of Understanding (MoU) with the Indian Institute of Millets Research (IIMR) to enable market access for Farmer Producer Organizations (FPOs) and Self-Help Groups (SHGs).

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Rupee falls 10 paise against USD

19 Aug 2022 | 4:15 PM

Mumbai, Aug 19 (UNI) The Rupee on Friday slipped 10 paise to close negative at 79.77 against the USD on rising demand for the US Dollar from bankers and exporters, dealers at the Foreign Exchange said.

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