DB Schenker appoints Niklas Wilmking as its Asia Pacific CEO
DB Schenker has named Niklas Wilmking (pictured above) as its new chief executive for the Asia Pacific region. Dr Wilmking was most recently executive vice president of global airfreight at DB Schenker’s head office,
Welspun One Logistics Parks launches India’s first warehousing AIF for domestic investors
MUMBAI: Welspun One Logistics Parks, a pan-India integrated fund, development and asset management platform backed by the USD 2.7 billion Welspun Group, announced the launch of its first Alternate Investment Fund (AIF) product “Welspun
Ocean carriers striving hard to manage supply chain disruptions caused by Covid-19, says analysis
Ocean carriers are taking all available measures to improve the speed and efficiency of cargo movement including employing all available vessel tonnage. When demand dropped some 20-30% in Q2 2020, carriers curtailed services and
Amazon India launches startup accelerator programme to boost exports
Amazon India on Tuesday launched Amazon Global Selling Propel (AGSP), its accelerator programme which will help early-stage consumer products startups go global. For the programme, Amazon has partnered with the Indian government’s Startup India, Invest India initiative,
Concor launches Container train service from Shalimar to JNPT
NAVI MUMBAI: Container Corporation of India Ltd (Concor) has introduced a container train service from its container terminal at Shalimar, to the Jawaharlal Nehru Port (JNPT, NhavaSheva). This will act as a gateway port
Uttar Pradesh retains 5th position in terms of exports from India despite the pandemic
Uttar Pradesh has been taking long strides of growth in terms of economic activity and exports under Yogi Adityanath government. Under his visionary leadership, the state managed to battle Covid-19 pandemic in an effective
Record Container throughput in Antwerp Port limits losses in 2020, the year of Coronavirus
ANTWERP: The total throughput of Port of Antwerp in 2020 amounted to 231 million metric tonnes of cargo, a fall of 3.1% compared with the previous year. Thanks to the buoyant container throughput rates,
OOIL announces Operational Update for the Q4 2020; Volumes rise 24%, Revenues rises 51% (YoY)
HONG KONG: For the fourth quarter ended 31st December 2020,Oriental Overseas International Limited (OOIL) total volumes were 23.7% up from the same period last year. Total revenues increased by 51.2% to US Dollars 2,423.0