Allcargo Gati records 8% volume growth in July 2024, driven by festive preparations
MUMBAI : Allcargo Gati Limited, a prominent player in the logistics and express delivery industry, has released its operational update for July 2024, revealing an 8% month-on-month increase in total volume. The company’s combined
Tech-Enabled Festive Season Logistics: Brands Setting New Standards in Efficiency and Speed
MUMBAI : As the festive season approaches, the logistics industry faces a surge in demand, with businesses striving to meet the heightened expectations of timely and efficient deliveries. The holiday rush brings its own
NYK secures charter for first methanol dual-fuel bulk carrier
TOKYO : NYK Bulk & Projects Carriers Ltd., an NYK Group company, concluded a basic agreement with Kambara Kisen Co., Ltd. for the time charter of a methanol dual-fuel bulk carrier. The vessel is
India will need more reforms to stay on growth path, create jobs: Gita Gopinath
NEW DELHI : India will need to undertake more reforms to be able to continue on the path of raising economic growth and to make sure that enough job creation happens in the country,
Maersk makes bold moves into inland shipping
SHANGHAI : Maersk will provide Chinese clients with integrated logistics solutions that are more efficient, secure and environmentally friendly to empower Chinese companies to expand their global business, an executive of Maersk Line Greater
India emerging as a global manufacturing hub: PM Modi
NEW DELHI : India is becoming Atmanirbhar in defence and emerging as a global manufacturing hub, Prime Minister Shri Narendra Modi said in his Independence Day address on Thursday (August 15). He also noted that defence exports touched
PM Modi highlights advancements of infrastructure growth in India
NEW DELHI : Prime Minister Shri Narendra Modi highlighted the significant advancements in India’s infrastructure sector over the past decade, emphasizing the government’s sustained efforts to enhance connectivity, urban development, and industrial growth. These
DP World H1 net profit drops 59% on Red Sea troubles
DUBAI : Dubai-based global port operator DP World (DPW) has reported a 59% drop in H1 2024 net profit, attributable after separately disclosed items, to $265 million on disruptions to shipping caused by the