Snowman Logistics Q3 results announced
MUMBAI: During the quarter ended December 31, 2020, Snowman Logistics Ltd recorded a Revenue of INR 60.18 Crores against INR 58.76 Crores in Q3 FY19-20. EBITDA increased to
Opposition takes on Adani’s Kattupalli Port project ahead of public hearing
Opposition parties are putting pressure on the Tamil Nadu administration to cancel the public hearing on Adani’s expansion at Kattupalli Port near Chennai. The public hearing is scheduled
Indian Railways’ aggressive plan to increase auto freight to impact road logistics
With Indian Railways (IR) chalking out well-laid plans for increasing its market share in freight transport from 28 percent to present to 44 percent in the long term,
Union Minister Nitin Gadkari pitches for more R&D to identify Import substitutes
NAGPUR: Union MSME Minister Nitin Gadkari has pitched for more research to identify products that can be indigenously manufactured as cost-effective import substitutes. The industries and industrial associations
The SPIC that DPT is developing could be ideal for Tesla : DPT Chairman
AHMEDABAD: Jostling has started to host the assembling or production plant of Tesla Inc, after the Elon Musk-led electric car-maker opened a research and development unit in Bengaluru
Indian crew members from China reaches Japan; First batch of crew to fly back tonight
MV Jag Anand, the Indian ship which was stranded at Chinese port of Jingtang has reached Japan on 18th January for crew change. Sufferings of 23 Indian crew
Surging shipping rates pose new headwind for the global economy
Just a few weeks ago, the bottlenecks at ports from Singapore to Los Angeles and Rotterdam were looking like short-term headaches and added costs during peak season. Now
Exports grow after 3 months in Dec, Gold imports widen trade gap to above 2 year high
NEW DELHI: India’s exports in December returned to the positive territory after three months even as the country’s trade deficit swelled to a 25-month high on high imports
Number-two ocean carrier Msc joins partnership on Hydrogen Fuel
Joining global shipping giants like NYK and CMA CGM, number-two ocean carrier MSC has recently joined the Hydrogen Council. MSC joined as a steering member, vowing to accelerate
OOCL reports all-round growth for Q4 & calendar year
For the fourth quarter ended December 31, 2020, OOCL’s total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to $2,423 million.