NEW DELHI : Exporters are worried that a spike in freight and container charges will hit shipments as it will make Indian goods costly and erode their competitive advantage. “The industry is worried that
ESSEN : Maersk and CMA CGM both have declared ambitions of expanding in logistics. At German DB Schenker, COO, Mr. Thorsten Meincke warns container lines against this strategy. “If you’re a carrier, your focus
PSA International has entered into a Memorandum of Understanding (MoU) with the RHT Group of Companies (RHT) to explore co-creation and investment in Environmental, Social, and Governance (ESG) digital assets solutions to further advance the goals
NEW DELHI : Officials announced on Friday that RITES Limited, a prominent transport infrastructure consultancy and engineering firm, has received the Railway Ministry’s highest-ever work order for railway track construction, costing Rs 4,027 crore. This
Over the next four weeks, The Alliance (Hapag-Lloyd, ONE, Yang Ming, HMM) has announced 12 cancellations, followed by 2M (Maersk, MSC) and Ocean Alliance (CMA CGM, COSCO, Evergreen) with four and two cancellations, respectively,
COPENHAGEN : Maersk has appointed a new Chief People Officer, Susana Elvira, set to assume the position from September 1, reads an announcement from Maersk released on Monday. Elvira will take over from Ulf
TOKYO : Ocean Network Express (ONE) Inland Operations and PARIS Optimal Transport Planning Solution (PARIS), a wholly owned subsidiary of Hutchison Port Holdings, have jointly announced a collaboration on an exciting new project in
ISRAEL : In a joint venture, ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and Data Science Group (DSG) are establishing a Center of Excellence in the field of artificial intelligence (AI). The center will develop artificial intelligence and
DUBAI : The DP World TIS Pivdennyi container terminal has enjoyed a successful first 12 months of operation, culminating in winning Maersk’s’ Ukrainian business. DP World acquired 51% acquisition of TIS Pivdennyi in June
India has defined the vision of SAGAR – Security and Growth for All in the Region – on the basis of this open and inclusive ethos, said the PM NEW DELHI : Prime Minister