October 21, 2021
March 27, 2026
October 21, 2021
Kuehne + Nagel reports performance excellence across all business units
SWITZERLAND : Strong global demand for transport services has boosted the Kuehne + Nagel Group’s latest quarterly financial results. All business units were reportedly able to exceed their prior-year results, in some cases significantly.
October 21, 2021
Maersk seems to cut out freight forwarders to attract larger BCOs
COPENHAGEN : Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders, In an effort to attract larger shippers . The Danish carrier
October 21, 2021
The shipping crisis has gotten so bad that some companies are chartering air cargo planes for $2 million or more for a single flight
The shipping crisis is driving some companies to ship their goods via air charters. A trans-Pacific Boeing 777 air freight charter has hit $2 million – more than double its peak pre-pandemic price. The shipping crisis is boosting
October 21, 2021
North America’s biggest container port faces record backlog
NEW YORK : Approximately 200,000 shipping containers remain on ships off the coast of Los Angeles as pandemic-related gridlock continues to disrupt various supply chains, according to Gene Seroka, the Executive Director of the
October 21, 2021
LNG shipping rates more than double in 2 weeks as power crisis drives demand
SINGAPORE : Tanker rates to ship liquefied natural gas (LNG) have more than doubled since the start of the month as a power crisis in Asia and Europe drives up demand for vessels, industry
October 21, 2021
How Maersk is reinventing itself through startup investments
COPENHAGEN : Shipping has never been in the spotlight like this, says Shereen Zarkani, Head of Maersk Growth. “In the past, you know, it never got all this attention and all this money.” All
October 20, 2021
Shri Sarbananda Sonowal lays Foundation Stone for various capacity augmentation projects at Deendayal Port, Kandla, Gujarat
GANDHIDHAM : Union Minister for Ports, Shipping & Waterways and AYUSH Shri Sarbananda Sonowal laid the Foundation Stone for various capacity augmentation projects at Deendayal Port on Tuesday, the 2nd day of his visit
October 20, 2021
Government testing blockchain technology to streamline logistics industry
NEW DELHI : In a move towards promoting secure paperless trade, CBIC_India of Finance Ministry explores new frontiers for promoting DigitalIndia by adopting Blockchain Technology for tracking movement of containers to a bonded warehouse.
October 20, 2021