April 3, 2026
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Baltic Dry Index Hits 12-year Peak

September 24, 2021 Logistics, Trending News
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session to a 12-year high, buoyed by higher rates across vessel segments. The overall index, which factors in rates for

Gustavo Santi appointed Managing Director of BOLLORÉ Logistics Brazil

September 23, 2021 Logistics, Trending News
SAO PAULO : Bolloré Logistics is pleased to announce the appointment of Gustavo Santi as Managing Director for Brazil. Mr Santi will be responsible for leading the company’s strategy in the country and adapting

Analysis : Freight surcharges will remain even after rates ease

September 23, 2021 Logistics, Trending News
Surcharges of 70%-80% of the total freight cost are no longer uncommon as carriers seek to handle the crisis in equipment and slot capacity, and are unlikely to disappear even when rates begin to

Crane Worldwide Logistics appoints Robert Gulyas

September 22, 2021 Logistics, Trending News
HOUSTON : Gulyas has over 20 years of experience in the transportation and logistics industry. Following assignments with established logistics service providers, he has held various commercial positions supporting multinational clients’ growth across a

Key milestone : DHL delivers 1 billion COVID-19 vaccine doses

September 20, 2021 Logistics, Trending News
Since the global vaccine campaign began in December 2020, DHL has safely delivered more than 1 billion COVID-19 vaccine doses to more than 160 countries, playing a key role in the global vaccination roll-out.

Cargo terminals on freight corridor run into hurdles

September 20, 2021 Logistics, Trending News
MUMBAI : Investors seeking to set up Private Freight Terminals (PFT) alongside the Dedicated Freight Corridor (DFC) have urged the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) to remove the hurdles that are

Soaring freight cost a global phenomenon: Goyal

September 18, 2021 Logistics, Trending News
SURAT : Union Industries Minister Shri Piyush Goyal claimed that the government has limited role in this role to play in the demand-driven market after describing shortage of containers and the spiralling freight costs

DHL Express to hike prices in India by 6.9 pc on average next year

September 18, 2021 Logistics, Trending News
MUMBAI : DHL Express will hike its prices in India by 6.9 per cent on an average from January 1, 2022, as part of its annual price revision exercise globally, the company said on

Improved volumes, margins point to strong FY22 for CONCOR

September 18, 2021 Trending News, Logistics
NEW DELHI : The Container Corporation of India (Concor) stock has gained over 11 per cent since the last week of August on the back of a recovery in trade volumes and expectations of

GEODIS partners with AHS to implement Exotec robotic solution to optimize ecommerce fulfillment

September 17, 2021 Logistics, Trending News
LEVALLOIS-PERRET : GEODIS, a leading transport and logistics provider, and Advanced Handling Systems (AHS), a provider of integrated fulfillment and distribution solutions, today announced a new partnership to implement the Exotec Skypod System into GEODIS’ eLogistics site
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