ZIM increases 2024 guidance to EBIT of $2.15-2.45bn
NYSE-listed ZIM joined other carriers in increasing its 2024 earnings outlook on higher rates, improved volumes and specific focus on spot...
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Thursday, 21 November 2024
Tuesday, 19 November 2024
UltraTech Cement scales up electric vehicle deployment
UltraTech Cement Limited is taking a significant step towards reducing its carbon footprint by scaling up the use of electric vehicles (EV...
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Tuesday, 12 November 2024
Blue Dart Q2FY2025 net profit down 14%
Blue Dart reported a 14 percent decline in consolidated net profit at Rs 62.84 crore for the second quarter of financial year 2024-25 (end...
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Monday, 11 November 2024
E-commerce to drive air cargo growth: IATA
The airline industry recorded a 13.4 percent annual increase in cargo tonne kilometres (CTK) in the first half of 2024. "Boosted by a l...
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Friday, 8 November 2024
Allcargo Gati reports 18% YoY EBITDA growth to Rs 39 crore in H1FY25
Allcargo Gati (formerly GATI) has reported its unaudited financial results for the second quarter and the EBITDA for H1FY25 stood at Rs 39 c...
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Drewry World Container Index up 7%
The Drewry World Container Index (WCI) increased seven percent to $3,444 per FEU for the week to November 7, which is 67% below the previous...
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Trump win and 10 pointers for container shipping in 2025
Donald Trump has won a second term in the White House with an economic policy pledging to revitalise American manufacturing and counter wh...
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Adani Gangavaram Port achieves new record in timber log handling
Adani Gangavaram Port set a new record of timber log handling on consecutive days of handling 4,392 metric tons and 4,206 metric tons of t...
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Tuesday, 5 November 2024
Hapag-Lloyd christens Hamburg Express in Port of Hamburg
Hamburg Express – the flagship of Hapag-Lloyd’s Hamburg Express class – was christened at the Container Terminal Burchardkai in the Port of ...
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Kaushalya Logistics to manage Maersk’s surface transportation in India
Kaushalya Logistics has announced its recent agreement with Maersk Line under which KLL will manage Maersk Line’s surface transportation req...
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Monday, 4 November 2024
Stranded ship carrying hazardous cargo sparks safety concerns
The Ruby, a Maltese-flagged bulk carrier, has been at the center of safety concerns since September 2024, after being stranded near the Dove...
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Friday, 25 October 2024
World’s first five-in-one foldable shipping container unveiled
Florida-based Compact Container Systems (CCS) has launched the SeaFold HC 40’ container, the world’s first five-in-one, foldable shipping ...
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Thursday, 24 October 2024
DSV Q3 revenue up 25% on higher air, sea volumes
DSV reported a 25 percent increase in revenue for the third quarter of 2024 at DKK 44.1 billion compared to the same period last year, drive...
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Maritime chokepoints expose supply chain vulnerability: UNCTAD
The global economy, food security and energy supplies are at increasing risk due to vulnerabilities at key maritime routes, according to T...
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Ritco Logistics appoints Surya Narayan Singh as VP, Multimodal
Gurugram-based logistics company Ritco Logistics announced the appointment of Surya Narayan Singh as Vice President of its Multimodal divi...
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Tuesday, 22 October 2024
Godrej Enterprises enhances warehouse safety with safety training
The Material Handling business of Godrej & Boyce, a part of the Godrej Enterprises Group, enhanced workplace safety and operational ef...
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Monday, 21 October 2024
Allcargo Gati expands reach in Meerut sports cluster; rebrands AFVs
Allcargo Gati announced that it is strengthening its market presence in Meerut's flourishing sports goods cluster. “Allcargo Gati has ...
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PSA Singapore’s supply chain hub to be ready by 2027
PSA Singapore (PSA) has unveiled the PSA Supply Chain Hub @ Tuas (PSCH), a central part of its expansion within Tuas Port. The state-of-th...
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Thursday, 17 October 2024
India’s exports grow by 5% to $393 billion in April-Sept 2024
India’s cumulative exports for April to September 2024 reached $393 billion, reflecting a 5 percent increase compared to $375 billion duri...
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Port of Long Beach reports strongest September on record
Demand for holiday-related goods nudged the Port of Long Beach to its most active September and busiest quarter on record as shippers cont...
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DP World boosts cargo capacity, acquires 47,000 TEUs
DP World, for the first time, has acquired 47,000 TEUs, which have been registered and branded for the company. The new containers will incr...
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Wednesday, 16 October 2024
Ecom Express empowers women partners during festive delivery season
Ecom Express is making efforts to promote women in logistics during this busy festive shipping period. With increasing demand for timely del...
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Tuesday, 15 October 2024
DP World plans £1bn expansion of London Gateway
DP World has announced a £1 billion expansion of London Gateway to make it Britain’s largest container port within five years in a boost to ...
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Xeneta, eeSea announce partnership for transit times data
Xeneta has announced a partnership with eeSea that will provide visibility into pro-forma transit times within the Xeneta platform. "...
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Thursday, 10 October 2024
Alexandra Maersk joins Maersk's dual-fuel methanol fleet
Danish carrier Maersk celebrated the naming of its latest dual-fuel methanol container vessel Alexandra Maersk at the Port of Felixstowe, ...
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Wednesday, 9 October 2024
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JSW Infrastructure to develop Murbe Port near Vadhvan
The Maharashtra Maritime Board (MMB) has granted a letter of intent to JSW Infrastructure to develop a multipurpose port at Murbe in Palgh...
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Tuesday, 8 October 2024
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IndoSpace to invest Rs 4500 cr in Tamil Nadu over next three years
IndoSpace today announced plans to increase its investments up to Rs 4,500 crore in new logistics and warehouse parks in Tamil Nadu. “Follow...
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Swiggy IPO - should you invest or stay away?
In its revised draft public issue prospectus filed on September 27, 2024, Swiggy is planning to raise Rs 3,750 crore by way of fresh issue o...
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Monday, 7 October 2024
JNPA reports 13% YTD growth, 16% YoY increase in Sept
JNPA handled 3,527,487 TEUs of containers from April 2024 to September 2024. Jawaharlal Nehru Port Authority (JNPA) handled 596,790 TEUs o...
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Tuesday, 1 October 2024
Strike cripples US East Coast ports
Workers affiliated to the International Longshoremen's Union (ILU) walked off their jobs at midnight on October 1 across the U.S. East...
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Friday, 27 September 2024
Allcargo Gati hikes prices by 10% from January 1, 2025
Allcargo Gati, one of India’s leading premier express distribution and supply chain management companies, announces a 10.2 percent average g...
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Tuesday, 24 September 2024
Maritime makeover: India’s bold moves in global supply chains
As India is poised for transformation with major infrastructure projects and strategic agreements, the shipping industry faces a crossroads ...
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Friday, 6 September 2024
India coal imports up 10%, but growth could slow
India, the world’s second largest coal importer, saw its electricity generation rise nine percent year-on-year between January and July 20...
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TVS ILP enters Andhra Pradesh with 3 lakh sqft facility in Vijayawada
TVS Industrial and Logistics Parks (TVS ILP) has expanded into the heart of Andhra Pradesh with a state-of-the-art warehousing facility in V...
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Flipkart expands network, hiring ahead of The Big Billion Days 2024
Ahead of The Big Billion Days (TBBD) 2024, Flipkart has launched 11 new fulfillment centers (FCs) across nine cities, bringing the total n...
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Amazon to enable $13 billion in exports from India by 2024-end
Amazon Global Selling, in the last nine years, has empowered over 150,000 Indian exporters to build globally recognised brands across 18+ ...
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Thursday, 5 September 2024
JNPA handles all-time high monthly container traffic in August 2024
Jawaharlal Nehru Port Authority (JNPA) handled 639,336 TEUs in August 2024 which is an all-time high monthly container traffic at the port...
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Wednesday, 4 September 2024
Patel Integrated Logistics takes FreightPILL app pan-India
Patel Integrated Logistics, a leading logistics and supply chain service provider in India, is set to expand its reach nationwide with the...
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AD Ports’ Noatum Logistics launches rail service in Middle East
Noatum Logistics, an AD Ports Group company and a logistics provider, announced the launch of its rail logistics solution for the Middle E...
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Tuesday, 3 September 2024
Group Concorde becomes IAG Cargo GSA across 8 countries
IAG Cargo, the cargo division of International Airlines Group (IAG), has appointed Group Concorde as its general sales agent (GSA) across ei...
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IPCSA's Foresight to boost port community systems
The International Port Community Systems Association (IPCSA) announced the launch of Foresight - an initiative which will consider future ...
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Monday, 2 September 2024
Global schedule reliability drops MoM in July, Maersk most reliable
Global schedule reliability dropped by -2.1 percentage points M/M to 52.1 percent in July. "Schedule reliability in July is almost at t...
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Lufthansa Cargo appoints Elodie Berthonneau as VP, Asia-Pacific
Elodie Berthonneau will take on the role of Vice President, Asia-Pacific, Lufthansa Cargo in Singapore, effective October 1, 2024. Berthon...
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Flipkart opens new fulfilment centres in Unnao, Varanasi
Flipkart announced the opening of two new Fulfillment Centers (FCs) in Uttar Pradesh. The facilities include an FC and sortation centre in...
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SeaLead relaunches Far East India Express 2 Service
SeaLead is set to relaunch its Far East India Express 2 (FIX 2) service, enhancing connectivity between Central China and West India with ...
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Friday, 30 August 2024
DP World Mundra achieves record throughput in July
DP World Mundra handled its highest ever monthly throughput of 1,29,368 TEUs in July 2024. "This milestone highlights DP World Mundra&#...
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Govt approves wage structure revision for port workers
A memorandum of understanding (MoU) was signed between the Bipartite Wage Negotiation Committee (BWNC) and the Indian Port Association (IPA)...
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Amazon India expands partnership with Indian Railways
Amazon India is expanding its partnership with Indian Railways to scale up the rail network’s use for faster movement of customer packages. ...
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Tuesday, 27 August 2024
Flomic Global Logistics integrates advanced AI into operations
BSE-listed Flomic Global Logistics announced that it has integrated advanced Artificial Intelligence (AI) technologies across its operations...
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Ecom Express unveils new brand identity
Ecom Express has unveiled a new Magenta coloured brand identity. “This transformation reflects the company’s conscious commitment to being c...
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