March 30, 2026
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First quarter of 2024, earnings down with cost measures intensified : Kuehne+Nagel

April 24, 2024 Logistics, Trade, Trending News
Kuehne+Nagel GroupCHF million Q1 2024 Q1 2023 Δ Net turnover 5,508 6,748 -18% Gross profit 2,076 2,394  -13% EBITDA 576  803  -28% EBIT 376  612  -39% Earnings 278  462  -40% SCHINDELLEGI : The start

India’s Major Ports’ see 4.45 % cargo volume growth in FY24 : IPA

April 23, 2024 Ports, Export - Import, Logistics, Maritime, Shipping, Shipping Line, Trade, Trending News
NEW DELHI : India’s 12 major ports handled 819.227 million tonnes (mt) of cargo in FY24, some 4.45 percent more than the 784.305 mt handled during last year on the back of strong growth in

Mahindra Logistics Q4 loss widens to Rs 12.85 cr on subdued volume growth

April 23, 2024 Logistics, Shipping, Trade, Trending News
MUMBAI : Mahindra Logistics reported a fifth straight quarterly loss on Monday, hurt by subdued volume growth at its mainstay business of supply chain management. Consolidated net loss for the logistics arm of Mahindra

Shipping industry urges UN to protect vessels after Iran seizure

April 23, 2024 International Shipping, Defence, Logistics, Maritime, Shipping Line, Trade, Trending News
LONDON : Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect supply chains, the industry said in

World’s first Electric Straddle Carrier Fleet arrives at DP World’s London Gateway Hub

April 23, 2024 Logistics, Foreign Ports, International Shipping, Maritime, Trade, Trending News
LONDON : DP World has welcomed the arrival of eight fully electric straddle carriers for its soon-to-be-opened £350m new fourth berth at London Gateway. In a major step forward for sustainable logistics, the innovative

Falcon Autotech expands its wings by opening its office in The Netherlands, Europe

April 23, 2024 Logistics, Technology, Trade, Trending News, Warehousing
NEW DELHI : Falcon Autotech, a leading global intralogistics automation solutions provider, opens its office in Amsterdam, Netherlands, to expand its global presence further. This expansion would position Falcon as one of the global

India is emerging as a major manufacturing & export hub with launching of new schemes : Ashwini Vaishnav

April 22, 2024 EXPORT, Global Trade, Logistics, Transport, Trending News
NEW DELHI : The Union Minister Shri Ashwini Vaishnaw said, with the introduction of new schemes and  preparing a framework in about a dozen different industrial sectors in the field of transport, power supply,

Major container lines jointly launch Asia – East Coast South America service

April 22, 2024 Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
SINGAPORE : Five of the leading ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South America. In particular, CMA CGM, COSCO, OOCL, Evergreen

Dubai cargo disrupted after flash floods

April 22, 2024 Air cargo, Airports, Logistics, Trending News
DUBAI : Cargo operations in Dubai continue to face disruption following flash flooding that temporarily closed Dubai International (DXB) Airport. The UAE on Tuesday recorded its heaviest rainfall in 75 years as almost 26cm

Stormy weather disrupts Middle East supply chains network

April 22, 2024 Air cargo, Export - Import, International Shipping, Logistics, Sea Cargo, Shipping Line, Trade, Trending News
DUBAI : Unusual weather across the Persian Gulf region have sparked serious concerns for ocean and air freight stakeholders, dealing another blow to supply chains already caught up in worsening geopolitical setbacks after the
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