Futures show more downside to freight rates in 2025
SHANGHAI : Shanghai container futures trades suggest that Asia-Europe freight rates could fall further in 2025, after appearing to have peaked now. On 5 August, the index points
Snowman Logistics registers 9% growth in revenue in the first quarter of FY 2024-25
MUMBAI : During the quarter ended June 30, 2024, the recorded during the quarter ended June 30, 2024, Snowman Logistics Ltd recorded revenue of INR 140.23 Crores as
India’s crude oil imports from Russia surge 1000%
NEW DELHI : India now sources 40% of its crude oil imports from Russia, with year-to-date volumes averaging 1.6 million barrels per day (mbpd), according to BIMCO. This marks
India trying to reduce tariff and non-tariff barriers globally to spur trade between nations
NEW DELHI : Indian authorities made a case for reduction in tariff and non-tariff barriers across the world to reinforce growth and spur trade among nations. “When you
Indo-Bangla trade via Bengal land ports to normalise soon
KOLKATA : Despite ongoing political turmoil in Bangladesh, trade between India and the neighbouring country through land ports in West Bengal is expected to normalise soon while some
Ashapura Logistics makes market debut with at 28.5% premium on NSE SME
AHMEDABAD : Ashapura Logistics Limited‘s Initial Public Offering (IPO) made a strong debut on the NSE SME on August 6, with its shares listing at 28.5 percent premium.
APM Terminals Pipavav consolidated net profit rises 62% to INR 1,096.75 million in Q1 FY24-25
PIPAVAV : APM Terminals Pipavav (Gujarat Pipavav Port Ltd), one of the leading gateway ports in Western India reported 62% rise in consolidated net profit at INR 1,096.75 million for the first
KSH Distriparks expands Fleet with Advanced Trailers to enhance Logistics operations and improve Cus
MUMBAI : KSH Distriparks, a leading logistics service provider specialising in container logistics solutions, announces a significant expansion of its fleet by adding new trailers, including advanced reefer
TVS SCS wins Multi-Year Contract with JCB for In-Plant Logistics at Vadodara
CHENNAI : TVS Supply Chain Solutions Limited, a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, has
Launch of FEDERALBOXX in India : The World’s First Unified Digital Networking Shipping Platfor
NEW DELHI : FEDERALBOXX announce the launch of their services in India. FEDERALBOXX is the world’s first unified digital networking shipping platform. This revolutionary platform is set to