Maersk Is Heading for Biggest Profit in Danish History
COPENHAGEN : A.P. Moller-Maersk A/S is heading for a full-year profit that will match its combined results from the past nine years and make business history in its
Retailers in US forced to find creative ways to overcome shortages and price hikes
A record number of container ships are causing backlogs in key US ports, causing shortages and price hikes. Major retailers like Walmart, Home Depot, and Lululemon have taken
“If you’re shopping for the holidays, start now”: Supply chain issues worsen as Ca
CALIFORNIA : A backlog of cargo ships waiting to get into the Ports of Los Angeles and Long Beach are helping drive up the cost of goods and
Los Angeles & Long Beach Ports extend gate hours to curb congestion
CALIFORNIA : The main US marine gateway complex is pulling out all the stops in an effort to reduce congestion that is suffocating import flows. The Ports of
Analysis : Freight surcharges will remain even after rates ease
Surcharges of 70%-80% of the total freight cost are no longer uncommon as carriers seek to handle the crisis in equipment and slot capacity, and are unlikely to
DP World Partners with the Jane Goodall Institute
Three-year agreement to support the Jane Goodall Institute’s global humanitarian and environmental youth programme Roots & Shoots DUBAI : DP World, the global trade enabler has signed a
MSC continues support for Mercy ships with Global Mercy project
BELGIUM : MSC, through and with MSC Foundation, is proud to continue its support for Mercy Ships by providing logistics support for the organisation’s Global Mercy, the world’s largest purpose-built NGO hospital ship. MSC Belgium recently delivered the first
Agri exports jump 22% to $7.9 bn in April-August
NEW DELHI : Exports of 37 agriculture and processed products, promoted by Agricultural and Processed Food Products Export Development Authority (Apeda), jumped 22% to $7.9 billion during first
2M Alliance announces Transatlantic network changes
COPENHAGEN : 2M Alliance, the largest container alliance of Maersk and MSC, will enhance its TA2/NEUATL2 service, which connects Europe with the United States. The two container shipping
Adani Group clarifies on 3,000 kg Heroin Seized at Mundra Port
AHMEDABAD : Adani Group has issued a clarification on the seizure of almost 3,000 kg of heroin at Mundra port in Gujarat’s Kutch district. The company said that it is