GOA : The Mormugao Port Authority (MPA) on Tuesday evening created history by being the first port in the country and the Southeast Asian region to offer discounts to environment-friendly ships under the ‘Harit
NEW DELHI : The full-fledged operation of the 175.1-km section from Sahnewal in Punjab to Pilkhani in Uttar Pradesh of the Eastern Dedicated Freight Corridor will start next month. The project was divided into
COPENHAGEN : Sea-Intelligence published issue 146 of the Global Liner Performance (GLP) report, which includes schedule reliability figures from January to September 2023. According to the analysis, in September 2023, global schedule reliability rose
COPENHAGEN : Maersk Line has been actively chartering vessels in the last fortnight, as the Danish giant tries to close the gap with its rival Mediterranean Shipping Company (MSC), which displaced the former at
HAMBURG : Hapag-Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from India, Pakistan, Sri Lanka and Bangladesh to the United States East Coast and West Coast. The rate
MUMBAI : The logistics industry, which facilitates the movement of goods globally, is actively looking at “green logistics” to minimise the impact on the environment. It is employing sustainable transport methods, choosing sustainable suppliers, tapping green
CHENNAI : Tamil Nadu Cabinet, on Tuesday, October 31, approved “structured packages” for eight projects worth 7,000 INR-Crore. These projects include various fields ranging from electronic vehicle components to footwear, glass manufacturing, and aerospace. The
NEW DELHI : In September, India’s services exports witnessed a year-on-year decline of 2.7 per cent, totaling USD 28.42 billion, according to the Reserve Bank of India. Simultaneously, services imports also saw a significant decrease, with a sharper decline of 10.3 percent,
EDEN PRAIRIE(U.S) : The quarterly numbers for C.H. Robinson came in as one might expect for a 3PL operating in the midst of a weak freight market that has been particularly brutal for brokerages.
DHAKA : In spite of the prevailing global economic downturn, Bangladesh’s readymade garment (RMG) sector is demonstrating resilience, as reported by the country’s apparel manufacturers. Nonetheless, the sector faces certain non-tariff obstacles that are