We are specially focused on consumption-led sectors’: MD & CEO Mahindra Logistics
MUMBAI : Rampraveen Swaminathan, Managing Director and CEO of Mahindra Logistics Ltd, told newsperson that the company has significant investments lined up from warehousing business as well. Edited excerpts: Mahindra Logistics Ltd, the logistics arm
Hapag Lloyd and MSC apply new Asia – America rates
HAMBURG : The European container shipping companies Hapag Lloyd and MSC have announced the implementation of fresh increases in rates from the Middle East and the Indian Subcontinent to several ports in America, which
To reach containers to exporters faster, govt mulls rail movement of empties
MUMBAI : The government may not have a handle on the steep freight rates, but it can speed up movement of empty containers from ports to the hinterland for loading export goods and stop
Boosting Exports: Govt mulls sops to soften shipping cost blow; TMA scheme to be reintroduced
NEW DELHI : Under the TMA, which was valid for two years through March 2021, the government reimbursed exporters a certain portion of freight charges and offered assistance for the marketing of select agricultural
Xiaomi gave clarification on increasing the price of mobile phones, blamed the supply chain problems, increased shipping costs
BENGALURU : Xiaomi has come out clean for the price hike of all its mobile phones including its popular smartphone Redmi Note 10 during the last few weeks. The company says that it has had
China’s trade accelerates in August despite coronavirus
China’s import and export growth accelerated in August despite disruptions due to the spread of the coronavirus’s delta variant. Exports rose 25.6% over a year earlier to $294.3 billion, up from July’s 18.9% growth,
China Ningbo Containerized Freight Index up 8.6 pct in August
The China Ningbo Containerized Freight Index (NCFI), a wind vane of China’s busiest port’s freight rates for the international container shipping market, stood at 3,862.6 points in August, up 8.6 percent compared with the
World’s 1st LNG-powered VLCC kicks off sea trials
The world’s first liquefied natural gas (LNG)-fuelled very large crude carrier (VLCC) has commenced its sea trials in Chinese waters, after completing the construction phase. The 318,000 dwt vessel was built by Dalian Shipbuilding