Container freight rates take a dip amid sluggish exports from India in Sept
NEW DELHI : Freight rates on the main trades out of India got down in September as the pace of exports slowed. On the westbound India-Europe trade, average
Lulu Group to make major investments in Vizag, Vijayawada and Tirupati
VISAKHAPATNAM : Lulu Group Chairman M.A. Yusuff Ali said a day after meeting Andhra Pradesh Chief Minister Shri N. Chandrababu Naidu, in a message on the social media platform,
Freigt rates surge in FEU and TEU container market spreads key considerations for shippers
OSLO : Spiralling ocean container shipping freight rates dominate discussion in the wake of major events such as the Red Sea conflict – but beneath these easy-to-observe headline
Inauguration of the first batch at FFFAI Skill Development Center, Dronagiri under PMKVY 4.0
MUMBAI : The Federation of Freight Forwarders’ Associations in India (FFFAI) is proud to announce the inauguration of the first batch on 17th Sep 2024 at its Skill Development Center in
US East Coast port strike looms for first time since 1977
NEW YORK : Thousands of dockworkers at every major in the US East and Gulf coast port are girding to strike starting early next week, threatening to close trade gateways
World Maritime Day 2024 : Quote by Homyar Desai, Director – Sea Freight, Jeena & Company
“World Maritime Day 2024’s theme, ‘Navigating the future: safety first!’ underscores the critical need to prioritise safety as the backbone of a sustainable and resilient maritime industry. For
NLDSL unveils ULIP Hackathon 2.0 and launches Track Your Transport App to tackle key challenges in l
NEW DELHI : NICDC Logistics Data Services Ltd. (NLDSL) announces the launch of Unified Logistics Interface Platform (ULIP) Hackathon 2.0, a competitive event aimed at fostering innovation and
Balmer Lawrie plans Rs 700-crore capital expenditure, to diversify into ethanol production
KOLKATA : Diversified PSU Balmer Lawrie & Co has planned a capital expenditure of Rs 700 crore with the aim to achieve a revenue of Rs 6,000 crore
Warehousing sector in India gets boost as global supply chains shift from China
NEW DELHI : India has witnessed a remarkable surge in warehousing demand across key sectors, with figures rising from 15% in 2019 to 25% in 2024. This increase
Low demand, costly logistics, China’s deflation hurting India’s goods exports. Services may give
NEW DELHI : India’s goods exports contracted by 9.3 percent to USD 34.71 billion in August, while the import bill rose by 3.3 percent to USD 64.36 billion,