Maersk charters more tonnage to catch up with MSC
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
Hapag-Lloyd increases rates from Indian Subcontinent to US East and West Coasts
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
How new-age companies are contributing to sustainability in logistics industry
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
Tamil Nadu Cabinet approves projects worth 7,000 INR-Crore
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
Services exports decline 2.7 pc to USD 28.42 bn in September
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
C.H. Robinson has weak quarter as expected, but productivity rises
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
US $ 100 billion in apparel exports by 2030: Bangladesh garment makers demand action to achieve this
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
Shipping industry steers container production away from China
LONDON: The shipping industry is stepping up efforts to build steel containers outside China, lining up the spare capacity needed to shield a key component of global trade
PM Modi and Sheikh Hasina inaugurate cross-border rail link & 2 other India-backed projects
NEW DELHI : Prime Minister Shri Narendra Modi and his Bangladeshi counterpart Sheikh Hasina on Wednesday jointly inaugurated three projects via virtual mode, including a key rail link
PM Gati Shakti : Four Infra projects worth Rs 23,500 Cr recommended for approval
NEW DELHI : Four infrastructure projects of roads and railways worth Rs 23,500 crore have been recommended for approval under the PM Gati Shakti Initiative. These projects were