Agility Reports KD 926.9 Million Net Profit for the Third Quarter 2021
3 2021 (Million KD) Q3 2020 (Million KD) Variance (%) 9 months 2021 (Million KD) 9 months 2020 (Million KD) Variance (%) Revenue 124.5 97.5 27.7% 344.7 292.4 17.9% Net Revenue 65.8 50.6 30.2% 185.8 161.4
MSC invests to ease supply chain “Crunch” for customers : Soren Toft
GENEVA : Mediterranean Shipping Company (MSC), a global leader in transportation and logistics, is continuing to invest in ships and services to help clients tackle global supply chain disruption, said CEO Soren Toft. MSC
PSA signs statement of support to accelerate decarbonisation of the freight industry
SINGAPORE : As a member of the World Economic Forum (WEF) Supply Chain & Transport CEO community, PSA has signed a statement of support committing to the joint effort in decarbonising the freight industry,
Pandemic, supply chain, and more — how quickly is the shipping industry rebounding after global difficulties?
COVID-19 took the world to a near standstill, slowing down major sectors, including the transportation sector. According to a report by Statistica, the global airline industry lost an estimated revenue of $370 billion in
Chassis and carrier terminal ownership worsen US congestion
Interlocking terminal-carrier ownerships coupled with cartel-like conditions in the container chassis market have emerged as prime suspects for the US supply chain crisis. “There is a sort of ‘wink and nod’ situation,” says a
OOCL Named “Best Shipping Line – Intra-Asia” at the 2021 Asian Freight, Logistics and Supply Chain (AFLAS) Awards
OCL Named “Best Shipping Line – Intra-Asia” at the 2021 Asian Freight, Logistics and Supply Chain (AFLAS) Awards Orient Overseas Container Line (OOCL) is proud to be named the “Best Shipping Line – Intra-Asia”
Mahindra Logistics H1 net profit at ₹18 crore on higher revenue
MUMBAI : Mahindra Logistics reported a net profit of Rs 18 crore for the first half ended September 30, 2021, compared to a loss of Rs 2 crore in the corresponding period last year
Shipping container crisis will possibly continue until mid-2022
SINGAPORE : With 90% of the world’s goods transported by sea, the current shipping crisis has resulted in spiralling costs and bottlenecks in global supply chains. The situation has been exacerbated by a shortage