Freight rates on Indian trades move up amid Suez Canal routing disruptions
MUMBAI : After a long streak of declining trends, container freight rates on major trades out of India have begun to rise amid carrier routing disruptions through the Suez Canal, according to the latest
Egypt and Jordan agree to operate new maritime route, an alternative to shipping via the Red Sea
CAIRO : Jordan is considering alternatives route for shipping and maritime transport, in light of the ongoing turmoil in the Red Sea, including operating the land and sea transport line with Egypt, according to a report
Again another cargo ship hit by drone, on the way to India; was fired by Houthis : US
MUMBAI : A Gabon–flagged commercial oil tanker on its way to India with 25 crew, all of them Indian nationals, came under a drone attack in the southern Red Sea though no casualty was
KSRTC launches Namma Cargo services
BENGALURU : Foraying into logistics business, Karnataka State Road Transport Corporation launched ‘Namma Cargo’ services Saturday. Aimed at generating more non-fare box revenue, KSRTC in the first phase will operate 20 trucks carrying goods
How rail freight is powering India’s express delivery future
NEW DELHI : India’s thriving economy relies heavily on its express delivery sector, which has long been dependent on road transport. Yet, the industry is undergoing a significant transformation, driven by the imperatives of
Hapag-Lloyd increases rates from Indian Subcontinent and Middle East to North America
HAMBURG : Hapag-Lloyd will apply a new General Rate Increase (GRI) or General Rate Adjustment (GRA) for cargo shipments from India to the United States and Canada West Coast effective 18 January 2024. Hapag-Lloyd
Allcargo Logistics and Allcargo Gati boards approve businesses restructuring
MUMBAI : Allcargo Logistics Ltd and Allcargo Gati boards on Thursday approved restructuring of businesses, Allcargo Group said in a statement. As per the scheme, International Supply Chain (ISC) business will be demerged into
India, Bangladesh agree to extend crucial Indo-Bangladesh Protocol route
NEW DELHI : India and Bangladesh have agreed to extend Indo-Bangladesh Protocol (IBP) route and declare Safardighi in West Bengal as the new port of call under Protocol on Inland Water Transit & Trade