HMM to launch new Far East Asia- Latin America Service (FIL)
SEOUL : HMM announced that it will launch a new service connecting Far East Asia and Latin America to deliver a more comprehensive service. The new service is
Shiprocket launches AI-platform Engage to help sellers reduce returns to origin
NEW DELHI : Tech-enabled logistics startup Shiprocket on Wednesday launched an AI-driven platform Engage to help sellers reduce returns to origin (RTO) up to 40-45 per cent, automate
Snowman Logistics sustains improved performance in Q2
MUMBAI : Snowman Logistics surged 5.13% to Rs 45.10 after the company reported net profit of Rs 0.47 crore in Q2 September 2021 compared with net loss of
‘New Quad’ lists areas of co-operation
Foreign ministers of India, Israel, the UAE, and the US discussed enhancing cooperation in maritime security and global public health, besides joint infrastructure projects in transportation and technology
Imports from China : After over a year, has call for boycott of Chinese goods fizzled out for MSMEs
NEW DELHI : China has managed to remain too competitive to be ignored by Indian MSME and other manufacturers for importing goods despite the anti-China sentiment that gained
As supply chain crisis deepens Maersk diverts more vessels away from Felixstowe
FELIXTOWE : The world’s biggest shipping company has diverted another of its container vessels away from Britain’s largest port after warning congestion is causing “significant disruption” to the arrival of goods from
The next inflation risk? Chinese suppliers to the U.S., booked for months, are raising prices by dou
A spike in demand since the pandemic has led to a backlog of orders lasting until next April and has given the company enough confidence to raise prices
Kuehne + Nagel reports performance excellence across all business units
SWITZERLAND : Strong global demand for transport services has boosted the Kuehne + Nagel Group’s latest quarterly financial results. All business units were reportedly able to exceed their
Maersk seems to cut out freight forwarders to attract larger BCOs
COPENHAGEN : Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders, In an effort to attract
The shipping crisis has gotten so bad that some companies are chartering air cargo planes for $2 mil
The shipping crisis is driving some companies to ship their goods via air charters. A trans-Pacific Boeing 777 air freight charter has hit $2 million – more than double its peak pre-pandemic
