Xeneta Shipping Index (XSI®): Long term rates edge up globally as Red Sea conflict continues to cast uncertainty across the market
OSLO : Ocean freight container carriers are treading a fine line between risk and reward during new contract negotiations as the market remains gripped by uncertainty in the Red Sea, according to new data
DP World expands Indian warehousing reach with cutting-edge facility launch in Goa
GOA : DP World has launched warehousing operations in Loutulim in Goa, enhancing its presence in India. Situated near key transportation hubs, including Mormugaon Port and Dabolim Airport, the Grade A warehouse offers seamless
Houthis may strike more ships beyond Red Sea: Bad news for Indian exports?
NEW DELHI : In what could prove to be bad news for Indian exporters, Yemen’s Iranian-backed Houthis are extending their attacks on merchant shipping hundreds of miles out into the wider Indian Ocean, with
Pramod Raj appointed as Managing Director of KSA at WeFreight
DUBAI : In a significant move to bolster its leadership team, WeFreight has announced the appointment of Mr. Pramod Raj as the new Managing Director for its Kingdom of Saudi Arabia (KSA) operations. With
Freight Bridge Logistics stuffed First LCL container from CONCOR, ICD-Ankleshwar
AHMEDABAD : Freight Bridge Logistics Pvt. Ltd. (FBL) stuffed their First LCL container from CONCOR, ICD-Ankleshwar, according to a official Communique. With this FBL have added another ICD in its list to provide LCL
Gati Shakti Vishwavidyalaya observed “National Rail Transport Day 2024”
NEW DELHI : Gati Shakti Vishwavidyalaya, a Central University under the Ministry of Railways, marked the observance of “National Rail Transport Day 2024” on April 16, 2024. Distinguished leaders and experts convened to commemorate the
Karnataka Mango exporters faces headwinds due to surging air freight charges
BENGALURU : Mango growers in Karnataka are hit by a double whammy this year — low yield and a dramatic surge in air freight charges. The crisis in the Middle East is impacting the
Evergreen and COSCO to transfer giant ships from North Europe to Mediterranean services
TAIPEI : Evergreen Marine Corporation and COSCO Shipping Lines will replace 13,000 TEU vessels with 20,000 TEU ships on their jointly operated Far East-Mediterranean service. The 20,000 TEU ships will be deployed from the