Hapag-Lloyd introduces new JDX Shipping Service to enhance connectivity between Saudi and African Ports
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 new route, called JDX, will connect
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 during a period of high demand,
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, introduced last September, is designed to
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 supply chain disruptions. GEODIS, a global
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 in 2023-24, For the first time.
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 tonnes (Mt), which is also the
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 2.40 lakh crore clocked a year
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. This newest office, PSA BDP Philippines,