Pakistan Army’s logistics firm to run national shipping corporation, confirm officials

The government has decided to transfer the state-run Pakistan National Shipping Corporation’s (PNSC) management to the military-run National Logistics Corporation (NLC), officials confirmed on Thursday, saying the move is expected to save $6 billion that Islamabad currently pays in foreign freight annually. A week earlier, Prime Minister Shehbaz Sharif’s government sold 75 percent of its …

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