Shipping containers to post two consecutive years of decline: Drewry
LONDON : The global pool of shipping containers is expected to contract in both 2023 and 2024, according to Drewry’s latest report on the container equipment market. “While stubbornly high levels of inflation in
Piyush Goyal launches Bharat Startup Ecosystem Registry and website with logo of Startup Mahakumbh
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal said that Startup Mahakumbh is reflective of the India growth story. While delivering the
KSH Distriparks announced an impressive 25% surge in import value for 2023, marked by an 8% rise in TEUs compared to the previous year
PUNE : KSH Distriparks, a leading logistics service provider specialising in container logistics solutions, has announced a remarkable 8% growth in container volumes, recording 74,150 TEUs (Twenty-foot Equivalent units) for the fiscal year 2022-2023
AVG Logistics to operate Chennai-Guwahati parcel express train
NEW DELHI : AVG Logistics Ltd has taken on lease a goods train running from Chennai to Guwahati for Rs 105 crore. The train will be used by AVG Logistics to transport its goods
CMA CGM, COSCO, Evergreen and OOCL extend OCEAN Alliance to 2032
SHANGHAI : On 27 February, the Chief Executive Officers of the CMA CGM Group, COSCO SHIPPING, Evergreen, and OOCL gathered in Shanghai to sign a Memorandum of Understanding, extending the operational cooperation of the
Cargo volumes in Red Sea area drop 21% due to attacks on ships : BIMCO
LONDON : “During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number of ships arriving in these ports
Allcargo Supply Chain Private Limited aims to add 3 million sq ft of warehousing space in 2-3 years
MUMBAI : Allcargo Group’s logistics arm Allcargo Supply Chain Private Limited (ASPL) on Monday said it aims to add a 3 million square feet of warehousing space in the next two-three years as part
Tripura positioned as Gateway to Southeast Asia via Chittagong Port : Manik Saha
AGARTALA : Tripura Chief Minister Shri Manik Saha outlined the northeastern state’s strategic role as a gateway not only to Southeast Asian nations but to numerous others through the utilization of Chittagong Port in