NEW YORK : In March, US container import volumes saw marginal growth compared to February, edging up by only 0.4% to reach 2,145,341 TEUs. However, TEU volumes experienced a significant increase of 15.7%, compared
MUMBAI : DTDC Express Ltd., a leading express logistics provider in India has recently elevated Mr. Abhishek Chakraborty as its Chief Executive Officer, effective from April 3rd, 2024. In his new role, Abhishek will
COPENHAGEN : Maersk has unveiled upgrades to its ME2 service, extending its operations to North Europe. The ME2 service, formerly turning in the Mediterranean (Algeciras and Tangiers), is undergoing expansion. This revamped service will
HAMBURG : German ocean carrier Hapag-Lloyd has announced the implementation of a Peak Season Surcharge (PSS) for shipments from India to Arabian Gulf Ports. The surcharge will apply to all sailings starting from 20
GENEVA : Reducing the environmental impact of transporting goods is one of the key ways we can reduce our overall impact on the planet’s health. In Europe, road transport currently accounts for over half
SHANGHAI : Maersk, a global leader in integrated container logistics, achieved a milestone as the large methanol-enabled vessel “Astrid Mærsk” berths at Yangshan port in Shanghai, for the first green methanol bunkering with simultaneous
LEVALLOIS (FRANCE) : GEODIS achieves the Leadership level and receives an “A-” score for disclosing action on climate through CDP, reflecting its commitment to the fight against climate change. GEODIS’ A- score highlights its
OSLO : The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight
LONDON : The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourteenth consecutive session on Tuesday as rates for the larger vessel segments slipped. The
NEW DELHI : Container Corporation of India Ltd. (CONCOR) will be a key beneficiary of the Dedicated Freight Corridor (DFC), which is likely to result in volume growth driven by a modal shift and enhanced operating