Century Plyboards decided to hive off logistics business
KOLKATA : Century Plyboards (India) Limited has decided to hive off its container freight station (CFS) business into a wholly owned subsidiary as the company focuses on its
Cybercriminals selling access to shipping, logistics firm networks, report warns
Cybercriminals have attempted to sell network access to multiple transportation, logistics and shipping companies in recent months, highlighting the risk of devastating ransomware attacks in the supply chain,
Port of New York and New Jersey reports slower growth pace after 13 months
NEW YORK : The Port Authority of New York and New Jersey (PANYNJ) has registered a stable growth in its container volumes during September completing 724,418TEU, which translates
APM Terminals and ENNA signed concession agreement for Rijeka Gateway Container Terminal
CROATIA : APM Terminals and ENNA formalize the project for the design, construction and operation of the new container terminal in Rijeka with the signature of the 50-year
You shop, it ships : Maersk’s bid to challenge Amazon
COPENHAGEN : A Danish shipping giant is betting that your online purchases of appliances, furniture and sweatpants will be the next phase of its growth. Maersk, which moves
Adani Group preparing to buy CONCOR
AHMEDABAD: Adani Ports and Special Economic Zone Ltd (APSEZ) is aggressively building up a war chest of debt and cash to acquire Container Corporation of India Ltd (Concor),
CMA CGM acquires major Los Angeles terminal for US$2.3 billion
MARSEILLES : CMA CGM Group has signed an agreement to buy a 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, currently held by EQT
Maersk ,the biggest shipping company of the World,reports 68% rise in revenue
COPENHAGEN : The world’s biggest shipping company, Denmark’s A.P. Moller-Maersk, reported a sharp rise in earnings amid strong worldwide demand for shipments of goods as the economy bounces
ECU Worldwide eyes investment to accelerate global network expansion
MUMBAI : India’s Allcargo is looking for investment to accelerate the development of its global network via ECU Worldwide, its LCL consolidator subsidiary. A note to the stock
DP World, HashMove sign agreement to integrate terminal off-dock & logistics services
KARACHI : Qasim International Container Terminal (DP World- Karachi) has signed an agreement to integrate Terminal Off-Dock and Logistics services with HashMove (a global multi-modal logistics platform) to
