MSME highlight their biggest pain points and preferences, reveals Borzo data
MUMBAI : At the heart of the Indian economy lies the Micro, Small, and Medium-Sized Enterprises – MSME segment, playing a vital role in India’s overall GDP as a driving force of growth and
ShipFlex from Locus expands Global Carrier Network to over 160 Carriers, enhancing Multi-Carrier Par…
MUMBAI : Locus.sh, a global AI-powered integrated logistics management SaaS company, announced its global carrier network for ShipFlex (its innovative multi-carrier parcel management solution) now has over 160 carriers. This significant expansion reflects ShipFlex’s continued commitment
Container ship deliveries hit new YTD record of 1m TEU : BIMCO
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
Rail freight grows at 1.4% in April ; coal cargo rises by 6.3%
NEW DELHI : Indian Railways in April rang up a tepid 1.45 per cent growth rate in its freight volumes, transporting 128.29 million tonnes of goods, according to government officials. While coal freight rose
New 6-lane highway promises convenience for freight transport between Bengaluru to Mumbai and commut…
NEW DELHI : The Ministry of Road Transportation and Highways (MoRTH) has been taking several steps aimed at enhancing connectivity and slashing travel time across India. Another much-anticipated development in that direction is the
Mumbai to Russia in 18 days, Small Indian Shipping Lines streamline routes via Suez Canal
MOSCOW : Small Indian shipping companies offer shortened delivery times for cargo through the Suez Canal – shipments from Mumbai to Novorossiysk can take about 18 days instead of 25 days, according to information provided
SeaLead appoints Ashok Pillay as Managing Director for North and Southeast Asia
SINGAPORE : SeaLead, a fast-growing global shipping line, announced the appointment of Ashok Pillay as the new Managing Director for North and Southeast Asia. This strategic move encompasses responsibilities across a diverse group of
Milaha reports QR 365 million in net profit for Q1 2024
QATAR : Qatar Navigation Q.P.S.C. (Milaha), has announced recently its financial results for the three months ended March 31, 2024. Key Financial Highlights: Milaha Maritime & Logistics’ net profit decreased by QAR 33 million, driven by reduced