Schedule reliability improves, Maersk and Hamburg Süd top rankings
COPENHAGEN : Sea-Intelligence published issue 146 of the Global Liner Performance (GLP) report, which includes schedule reliability figures from January to September 2023. According to the analysis, in September 2023, global schedule reliability rose
How new-age companies are contributing to sustainability in logistics industry
MUMBAI : The logistics industry, which facilitates the movement of goods globally, is actively looking at “green logistics” to minimise the impact on the environment. It is employing sustainable transport methods, choosing sustainable suppliers, tapping green
Tamil Nadu Cabinet approves projects worth 7,000 INR-Crore
CHENNAI : Tamil Nadu Cabinet, on Tuesday, October 31, approved “structured packages” for eight projects worth 7,000 INR-Crore. These projects include various fields ranging from electronic vehicle components to footwear, glass manufacturing, and aerospace. The
Services exports decline 2.7 pc to USD 28.42 bn in September
NEW DELHI : In September, India’s services exports witnessed a year-on-year decline of 2.7 per cent, totaling USD 28.42 billion, according to the Reserve Bank of India. Simultaneously, services imports also saw a significant decrease, with a sharper decline of 10.3 percent,
C.H. Robinson has weak quarter as expected, but productivity rises
EDEN PRAIRIE(U.S) : The quarterly numbers for C.H. Robinson came in as one might expect for a 3PL operating in the midst of a weak freight market that has been particularly brutal for brokerages.
US $ 100 billion in apparel exports by 2030: Bangladesh garment makers demand action to achieve this goal
DHAKA : In spite of the prevailing global economic downturn, Bangladesh’s readymade garment (RMG) sector is demonstrating resilience, as reported by the country’s apparel manufacturers. Nonetheless, the sector faces certain non-tariff obstacles that are
PM Modi and Sheikh Hasina inaugurate cross-border rail link & 2 other India-backed projects
NEW DELHI : Prime Minister Shri Narendra Modi and his Bangladeshi counterpart Sheikh Hasina on Wednesday jointly inaugurated three projects via virtual mode, including a key rail link between Tripura’s Nischintapur and Gangasagar in
PM Gati Shakti : Four Infra projects worth Rs 23,500 Cr recommended for approval
NEW DELHI : Four infrastructure projects of roads and railways worth Rs 23,500 crore have been recommended for approval under the PM Gati Shakti Initiative. These projects were assessed in the 58th Network Planning