Exporters unable to leverage rupee depreciation to boost export order value
NEW DELHI : Despite the rupee hovering around 83.40 to the dollar, exporters are not able to leverage the price competitiveness to boost exports due to a paucity of foreign
DP World and Brazilian railway operator to build new terminal at Santos
SAO PAULO : DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos to handle 12.5 million tonnes
Hapag-Lloyd introduces new JDX Shipping Service to enhance connectivity between Saudi and African Po
RIYADH : Maritime connectivity between Saudi and African Ports is set to improve with the introduction of a new shipping service by German container transportation firm Hapag-Lloyd. The
Panama Canal drought could threaten global supply chain : S&P
MEXICO CITY : The severe drought which has forced the Panama Canal, one of the world’s busiest trade passages, to limit daily crossings could impact global supply chains
DP World achieves 66% increase in freight moving from Road to Rail at its Southampton Hub
LONDON : DP World has achieved a significant increase in the share of freight being transported by rail from its Southampton logistics hub. The Modal Shift Programme trial,
GEODIS invests in New Container Freight Station in Singapore
SINGAPORE : Enabling customers to streamline their supply chains by offering consolidation and access to a range of multi-modal options of sea, air and/or road transportation amidst ongoing
Chennai and Kamarajar Ports cross ₹1,000 crore operating income in FY 2023-24
CHENNAI : Chennai Port Authority (CPA) and its subsidiary, Kamarajar Port Ltd (KPL) in Ennore, North Chennai, crossed ₹1,000 crore (each) in operating income in a financial year
Cochin Port registers record cargo throughput during 2023-24
KOCHI : The Cochin Port under the Cochin Port Authority (CPA) performed considerably well during the financial year 2023-24 registering a record cargo throughput of 36.32 million metric
Railways registers highest revenue of Rs 2.56 lakh crore in FY24
NEW DELHI : The Indian Railways registered highest revenue of Rs 2.56 lakh crore for the financial year 2023-24, said Rail Minister Shri Ashwini Vaishnaw, as against Rs
PSA BDP opens first office in the Philippines
PHILADELPHIA : PSA BDP, a leading global logistics and supply chain solutions provider, has announced the opening of its first office in the Philippines, located in Paranaque City.