Congestion, Delays and Supply Chain Challenges will continue into 2022
Across all segments of the shipping industry, one thing that everyone agrees on is that there is no quick solution to the supply chain disruptions and challenges that have been experienced in 2021. The
JM Baxi is planning upto Rs 2,500 Crore IPO
MUMBAI : Mumbai-based logistics firm JM Baxi Group plans to raise ₹2,000-2,500 crore through an initial public offering, people aware of the development said JM Baxi, backed by global private equity fund Bain Capital,
Balmer Lawrie is planning to expand in Bengal
KOLKATA : Diversified public sector enterprise Balmer Lawrie plans to expand in Bengal. The company plans to scale up its warehousing capacity at its existing facility on Hyde Road in Calcutta. The miniratna PSU
Allcargo is considering selling stake in ECU Worldwide unit
MUMBAI : Allcargo Logistics Ltd. considers selling a stake in its container shipping firm ECU Worldwide. ECU Worldwide is a prominent international cargo and air freight logistics company present in around 180 countries with
Drewry introduces container carrier industry ‘maturity and risk’ dashboard
LONDON : To support growing investor and industry interest in the now extremely profitable container shipping sector, Drewry will introduce in its flagship, end-September edition of Container Forecaster a new ’Container Carrier Industry Maturity
CONCOR has not increased fares despite container shortage, says CMD
MUMBAI : India has taken steps to provide relief to the exporters facing global container shortages, including giving priority to containers basis the efficiency of the movement. V Kalyana Rama, Chairman and Managing Director
New logistics park to come up in Ratlam, MP
INDORE : The Madhya Pradesh state governmen aimed at reducing cost of logistics and developing a market for local products in landlocked , is working on developing multimodal logistics parks, a move seen to
Express Global Logistics transports and barges complex heavy cargo through India
THIRUVANANTHAPURAM : Express Global Logistics (EXG), member to the Worldwide Project Consortium (WWPC) in India, executed a transportation from Walchand Nagar, Pune to Thiruvananthapuram, Kerala. The initial part of the journey was 782 km