Box lines announce new efforts to hike rates on India-US Trades
MUMBAI : Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game, unless cargo volumes tick up in
Foreign ships to have a tough time in ‘Amrit Kaal Vision 2047’ for Maritime
NEW DELHI : Far from removing a so-called cabotage law to permit foreign flag ships to carry all types of cargo on local routes to boost coastal shipping as proposed earlier, foreign shipping companies
Allcargo Standalone September 2023 Net Sales at Rs 384.43 crore, down 60.88% Y-o-Y
MUMBAI : Allcargo Standalone September 2023 Net Sales reported at Rs 384.43 crore, down 60.88% Y-o-Y Net Sales at Rs 384.43 crore in September 2023 down 60.88% from Rs. 982.75 crore in September 2022.
Plan to construct $28-mn warehouse in UAE raises prospects of Indian rice & polymer exporters
SINGAPORE : Companies exporting rice, white goods and polymer from India to the Persian Gulf have got a leg up from a proposal to construct a warehouse in the UAE. The Singapore-headquartered transportation solutions enterprise, BoxcoWorld
IIT Madras develops mobile app for inter-city goods logistics
CHENNAI : The Indian Institute of Technology Madras (IIT Madras) faculty, students and the alumni have developed a mobile application to enable easier and efficient transportation of goods within cities. The app is called
Hanjin signs MOU with AWOT Global Corp for logistics partnership
SEOUL : Hanjin Logistics Corp., an affiliate of airline-to-logistics conglomerate Hanjin Group, said it has signed an initial pact with a Chinese company for a business partnership in the Chinese logistics market. Hanjin Logistics
DP World gradually restarting operations around its Australian Ports after cyber-attack
SYDNEY : Australia’s biggest ports operator, DP World Australia which has been the target of a cyber-attack, has begun gradually restarting its operations, but key exports could be subject to prolonged delays. DP World