December 28, 2023
March 16, 2026
December 28, 2023
India’s logistics cost is not 13-14 percent of GDP : NCAER
NEW DELHI : At no point in time, in recent memory, India’s logistics cost is a steep 13-14 percent of the gross domestic product or GDP as top government functionaries, including Prime Minister Shri Narendra
December 28, 2023
CONCOR started container transportation for Nepal
NEW DELHI : Container Corporation of India Ltd. (CONCOR) started its maiden container train movement on 24.12.2023 to Indian Customs Yard (ICY) at Jogbani from TSIM siding of Tata steel. It is considered as
December 28, 2023
DTDC keen on transporting 60% cargo through rail : Chairman & MD Subhasish Chakraborty
BENGALURU : Home-grown logistics firm DTDC Express is waiting for the Indian Railways to address logistic infrastructure gaps in its network so that the company can expand its cargo movement through rail to around
December 28, 2023
Hapag-Lloyd says Red Sea route still ‘too dangerous’
HAMBURG : One of the world’s biggest shipping firms, Hapag-Lloyd, will not resume its use of the Suez Canal despite an international military operation to keep the area safe. Yemen’s Houthi rebels backing Hamas
December 28, 2023
MSC container ship ‘MSC United VIII’ attacked in Red Sea by Houthis
GENEVA : The world largest Shipping Line Mediterranean Shipping Company (MSC) has confirmed that one of its container ships was attacked on Tuesday while transiting the southern Red Sea. A statement from the group
December 28, 2023
What does Maersk’s move to resume Red Sea transits say?
COPENHAGEN : The 24 December move by Danish container shipping giant Maersk Line Ltd to prepare for allowing its ships to resume transits through the Red Sea/Gulf of Aden that were paused earlier this month in the
December 28, 2023
Container freight rates surge along India-Europe maritime route amid Red Sea risks
MUMBAI : Container freight rates along major trade routes between India and Europe have surged following the emergence of security risks to shipping companies. Sources said that the freight (freight) rate for the trade
December 28, 2023
SBI-led consortium to finance Auro Infra’s ₹3,000-crore Gateway Port in Kakinada SEZ
KAKINADA : A consortium of banks led by the State Bank of India is set to provide a loan of ₹3,000 crore to the Kakinada Gateway Port Private Limited (KGPPL) for building a gateway port
December 28, 2023