Indian Railways’ freight revenue increases by 11.12% in June 2024
NEW DELHI : In June 2024, Indian Railways earned Rs 14,798.11 crore from freight, marking an improvement of approximately 11.12% compared to Rs 13,316.81 crore in the same month last year, as per a
Delhivery gets MCA approval to incorporate Drone subsidiary
GURGAON : Delhivery said that MCA approved the incorporation of its wholly-owned subsidiary ‘Delhivery Robotics India Private Limited’ on July 3, The new entity will have an authorised share capital of INR 5 Cr,
US East Coast strike risk could mean more spikes in freight rates
NEW YORK : There is a real risk of labour disruptions in US East Coast Ports, given the breakdown in negotiations between the union and the terminals in June, according to Baltic Exchange‘s latest
India developing Chabahar Port holds ‘great value’ to landlocked Central Asian states: PM Modi
NEW DELHI : The progress made by India in developing Iran’s Chabahar Port not only holds “great value” to landlocked Central Asian states but also “de-risks” commerce between India and Eurasia, Prime Minister Shri
12 major Indian Ports’ cargo traffic surges 6.8 % to 69.8 MT in June : IPA
NEW DELHI : Indian Ports Association (IPA) data showing that, cargo traffic across 12 major Indian Ports rose 6.8 per cent to 69.08 million tonnes (MT) in June from 64.69 MT in the year-ago
Strengthening the bonds of national growth
NEW DELHI : The times, they used to be so much simpler. Companies used to offer a product and service by deploying a linear value chain and tapping into the customer base with varying
India’s warehousing and logistics sector attracts $2.5 billion in Q2 2024, led by foreign investors
NEW DELHI : As India aspires to energise its land bank to scale up the efforts for boosting the manufacturing and services economy, warehousing and logistics have become a newfound love, attracting foreign investors
MSC’s market share now at 20% as fleet nears 6 million TEUs
GENEVA : MSC now has a market share of 20%, as its aggressive newbuilding drive and ship purchases placed the largest liner operator’s fleet at just under 6 million TEUs. Alphaliner’s report stated that