260,000 TEU not shipped from Shanghai in April: Drewry
19 May 2022 3:49 PM ISTEquivalent to almost 26 10,000 TEU containerships that will have to be found as supply chains are reactivated.
Delhivery IPO subscribed 1.63 times; QIBs bail out offer
13 May 2022 9:29 PM ISTRetail portion was under-subscribed: out of 11 million shares on offer, bids were received only for 6 million shares.
LA/LB ports automation will lead to more work, hours, new study says
5 May 2022 6:21 PM ISTPurpose of automation is to replace human workers with machines, and in this case to harm U.S.-based workforce: ILWU
Delhivery Rs 5,200 cr IPO in Rs 462-487 band
5 May 2022 11:46 AM ISTDelhivery has reported a loss of Rs 891cr for the nine months ended December 31, 2021 on total income of Rs 4,911cr
Global Logistics launches containers to tackle shortages
3 May 2022 8:08 PM ISTContainers will operate both ways between major Indian ports and Singapore, Malaysia, Bangladesh & China
Celebi Spartans wins first Cricket league for logistics superstars
2 May 2022 5:03 PM ISTEight teams in two pools competed over three weeks, each team played a minimum of three matches.
Schedule reliability improves in March; Maersk still over 50%
30 April 2022 10:43 AM ISTDespite being the highest 2022 reliability figure so far, the score is still slightly below the 2021 level
Container prices decline in India amidst global disruptions
27 April 2022 6:45 PM ISTAvg price of a 40 ft HC container in Chennai was $5,127 in mid-Jan 2022, which was down 16% to $4,297 on April 18, 2022.
Salmon demand growing in India: Catch of Norway MD Mark Alzawahra
23 April 2022 2:09 PM ISTDemand increasing due to pandemic which pushed B2C demand, and middle class becoming health-conscious.
Empty containers piling up in U.S pushing down prices
19 April 2022 5:20 PM ISTContainer prices have dropped by 30% in two months across east and west coast and more than halved at some ports.
TCI Express ahead of curve: Jefferies
7 April 2022 5:38 PM ISTTCI Express, according to Jefferies, is a profitable express player unlike new age peers like Delhivery, Rivigo & Ecomm
China lockdowns, Russia-Ukraine conflict cloud container outlook
6 April 2022 2:00 PM ISTConflict to affect container availability globally but it will vary from port to port: Container xChange
