DP World reports strong 1H2021 financial results
DUBAI This significant growth once again demonstrates that we are in the right locations and a focus on origin and destination cargo will continue to deliver the right
Cabinet to soon weigh National Logistics Policy aimed at reducing elevated costs
NEW DELHI : The Cabinet will soon take a proposal on the National Logistics Policy that aims to reduce elevated costs – long blamed for eroding the competitiveness
DB Schenker rejects DSV comments in an internal memo: No grounds for a hostile takeover
BERLIN : DSV’s stated interest in talking to DB Schenker about a possible acquisition, if the opportunity emerges, now makes the German freight forwarder’s Board of Management take
Deutsche Post DHL Group to acquire ocean freight forwarding expert J.F. Hillebrand Group
BONN : Deutsche Post DHL Group (“DPDHL”) has signed an agreement to acquire up to 100% of J.F. Hillebrand Group AG (“Hillebrand”) and its subsidiaries at an equity
APM Terminals, Navin Jindal Group among three bids for RNaval
MUMBAI : APM Terminals Management BV, Navin Jindal Group, and a consortium of Dubai’s GMS Inc and Turkey’s Besiktas Group have placed bids for Reliance Naval and Engineering
Brazil Federal Government signs concession contracts for five port terminals
The Federal Government of Brazil, through the Ministry of Infrastructure and the National Water Transport Agency (Antaq), has signed concession contracts for five port terminals tendered in April
JSW Infra plans Rs 10k-cr capex by 2025, including investment in logistics
MUMBAI : Moving from pure captive cargo player to a sizable third-party port business, JSW Infrastructure plans a capex of Rs 10,000 crore by 2025 which will also include investments in
A plan of Rs 100-trillion infrastructure to create jobs for ‘hundreds of thousands’: PM
NEW DELHI : The government will launch a Rs 100-trillion infrastructure plan that will beef up roads, ports, airports while providing jobs, said Prime Minister Shri Narendra Modi
Allcargo Logistics net grows over 3-folds to Rs 106 cr in June quarter
MUMBAI : Allcargo Logistics’ net profit surged over three-folds to Rs 106 crore in the June 2021 quarter over the same month a year ago, helped by volume
DBS Bank India partners with ODeX to provide hassle-free credit solutions to freight forwarders
MUMBAI : DBS Bank India announced that it has partnered with ODeX, one of India’s leading platforms to exchange shipping documents and facilitate payments, to introduce ODeX Pay