CEVA Logistics continues strategic transformation, grows core products by integrating Bolloré Logistics
MARSEILLE : CEVA Logistics, the logistics subsidiary of the CMA CGM Group, announced a new vertical organization aimed at allowing its customers to more easily benefit from its global logistics capabilities across its breadth of
US trade deficit jumps in May to highest level since 2022, Gap widens 0.8%
WASHINGTON D.C. : The U.S. International Trade deficit widened 0.8% in May to $75.1 billion, the Commerce Department said Wednesday. It is the largest deficit since October 2022. Economists surveyed by The Wall Street
Dry Bulk Market: Freight Rates and Ships’ Prices on the Rise
ATHENS : The dry bulk market is witnessing a “euphoria” phase of past times, with freight rates and asset prices on the rise over the past few weeks. In its latest weekly report, shipbroker
JNPA scales new heights with 10.60% Traffic Growth in Q1 Performance for FY 2024-2025
MUMBAI : Jawaharlal Nehru Port Authority (JNPA), India’s best-performing port, continues to scale new heights by handling 1,688,145 TEUs of containers from April 2024 to June 2024. This represents a growth of 10.60%, compared
BCBA organised ‘Logistics Conclave 2024’ : A landmark towards ‘Logistics in Amritkaal’
MUMBAI : Brihanmumbai Custom Brokers Association( BCBA) organised ‘Logistics Conclave 2024‘ following the aim of “Logistics in Amritkaal: Paving the Path for India’s Golden Era” at Taj Mahal Palace Hotel, Mumbai on June 27,
Government constitutes Cabinet committees on security, economic and political affairs
NEW DELHI : The Narendra Modi Government on July 3 constituted various cabinet committees, including the country’s highest decision-making bodies on security, economic and political affairs. According to an official notification, the Cabinet Committee
FM Sitharaman eyes higher GDP growth target
NEW DELHI : Anticipating better economic expansion, the Finance Ministry is likely to increase its nominal gross domestic product (GDP) growth target for FY25 in the upcoming Budget from its assumption of 10.5 per
RBI’s proposal to rationalise regulations on export, import transactions will help traders : Exporters
NEW DELHI : The Reserve Bank of India‘s proposal to rationalise regulations that cover export and import transactions would simplify and streamline the processes for the trading community, say exporters. They said that it