IFCBA launches ‘International Customs Brokers Day’ on January 26, celebrated across the world
MUMBAI : The International Federation of Customs Brokers Associations (IFCBA) has announced the Association will celebrate International Customs Brokers Day on January 26 every year to honor and celebrate the outstanding efforts of customs
Interim Budget 2024: Simplified GST structure tops logistics industry wish list
NEW DELHI : With Finance Minister Smt. Nirmala Sitharaman set to present the interim budget for 2024-25 today on February 1, the logistics industry is expecting measures to propel the country’s logistics sector towards
Red Sea Crisis : Surge in Ocean Freight Rates Outpaces COVID-19
OSLO : Houthi attacks on shipping have triggered a sharp rise in ocean freight rates, surpassing the speed of increase experienced during the initial phase of the Covid-19 pandemic, reports Xeneta, an ocean freight benchmarking firm
DTDC widens its presence by launching operations in Malaysia, sets sights on Southeast Asian Expansion
KUALA LAMPUR/ MUMBAI : DTDC, India‘s leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, announced its foray into the Malaysian Market further strengthening its global footprint. The company inaugurated
DP World raises incentive to £100 for customers switching freight from road to rail
LONDON : DP World is increasing its financial incentive by almost 50 per cent for customers taking advantage of its ‘Modal Shift Programme’. The scheme was introduced in September last year and is designed
UNCTAD : Red Sea conflict adds insult to global trade’s injuries
LONDON : UNCTAD has raised profound concerns over escalating disruptions to global trade. The Intergovernmental Body noted that recent attacks on ships in the Red Sea, combined with geopolitical tensions affecting shipping in the Black
Contrasting schedule reliability in Taiwan’s container lines, Evergreen tops in December 2023
COPENHAGEN : Sea-Intelligence has released the 149th issue of the Global Liner Performance (GLP) report, providing schedule reliability data up to and including December 2023 and covering schedule reliability across 34 different trade lanes
Logistics startups slash jobs as freight volumes drop
SAN FRANCISCO : Last year saw a surge in layoffs in the logistics sector as freight volumes declined. So far, 2024 isn’t shaping up to be much better for the industry, according to a report on