SINGAPORE : After six consecutive quarters of falling profits, container lines rebounded in the first quarter 2024 with rate support from geopolitical disruption. Container line earnings have been on a downward trajectory since the
NEW DELHI : Container Corporation of India (CONCOR) plans to enhance its first-mile and last-mile logistics services by adding 200 more Liquefied Natural Gas (LNG) trucks to its fleet. This initiative aligns with Concor’s
NEW DELHI : India’s coal cargo throughput at ports is estimated to grow at a CAGR of 3-4 per cent from FY24 to FY26, despite an anticipated decline in coal imports by 2-3 per
Courbevoie : Analyst Alphaliner outlines the current capacity shortages in the trades between Asia and Europe and in doing so also reveals the extent of the potential overcapacity that could affect the industry if
NEW DELHI : Shri Sanjay Swarup, CMD of Container Corporation of India Ltd (CONCOR), interacted with representatives from leading shipping lines and Freight Forwarders in Taiwan to apprise them of CONCOR’s robust infrastructure, which
NEW YORK : Shares of major container shipping firms soared on Monday, fueled by the climbing freight rates. Notably, the Shanghai Container Freight Index, a key indicator of shipping rates from major Chinese ports,
MUMBAI : The Custom Central Intelligence Unit (CIU) of Jawaharlal Nehru Custom House (JNCH) has put on hold 122 containers on suspicion of containing banned Chinese fireworks, electronic items, microchips, and other contraband, in
LONDON : “In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already
MUMBAI : Container freight rates on trades out of India have continued to soften from the Red Sea crisis-driven highs, according to the latest market analysis. On the westbound India-Europe trade, average short-term contract
NEW DELHI : Container Corporation of India (CONCOR) and PSA have signed an MoU on 18th April 2024, to explore collaboration in offering seamless and cost-effective end-to-end logistics service to customers. CONCOR is a