Latest News - Page 103

The One District One Product (ODOP) initiative aims to promote a unique product from each district across India.

EBITDA recorded at Rs 23 crore as against Rs 25 crore, in the corresponding quarter of the previous year.

Air cargo is already responsible for transporting 80% of cross-border e-commerce goods but this is rapidly increasing.

Shipping revenue increased 43% to $10.8 billion and EBITDA nearly tripled to $4.3 billion.

The port surpassed its previous record of 2,900 metric tons in a single day by 52 percent on growth.

Ocean container shipping freight rates spiked more than 70% during the first term of Donald Trump (2017-21).

Freight rates from Shanghai to Genoa zoomed 21% to $4,399/FEU and from Shanghai to Rotterdam surged 16% to $3,954/FEU.

For Q2FY25 EBITDA was up 26 percent as compared to the same period last year.

Simons succeeds Boudewijn Siemons, who was appointed CEO and interim COO in February 2024.

Last time Trump ramped up tariffs on Chinese imports, container shipping freight rates spiked more than 70%.

Emirates placed orders for 10 additional Boeing 777 freighters to support growth during the first six months of 2024-25.

Ships will feature liquefied gas dual-fuel propulsion and be ammonia-ready; deliveries between 2027 and 2029.