Latest News - Page 106

Traffic through Panama and Suez Canals - critical arteries of global trade - dropped by over 50% by mid-2024.

Net turnover for sea logistics increased 36% to CHF 2.6 billion and EBIT was up 9% at CHF 256 million in Q32024.

The MGX service will operate on a weekly basis, providing dedicated shipping routes that connect Jebel Ali, Djibouti, Aliaga, and Damietta.

Indore has emerged as a prominent industrial hub, attracting companies keen to improve their operational efficiency.

Agreement plans for the production of up to 100,000 tonnes of biomethane per year between now and 2030.

Approximately 30% of the seasonal workforce will be sourced from Tier 3 cities.

Maersk now expects underlying EBITDA of $11-11.5 billion and EBIT of $5.2-5.7 billion for 2024.

For H1FY2025, Mahindra Logistics revenue increased 11% to Rs 2,941 crore and loss was down to Rs 20.1 crore.

The business has trained over 3500 operators and aims to train a further 300 operators by FY25.

Transaction to complete during H2 2025; MSC to make public offer at same price issued to seller - R$ 17.50/share.

The key markets serviced by Allcargo Gati include retail hubs in Surajkund, Sports Complex, Partapur Industrial Area, and Victoria Park, where large...

With more than 2 mn. sq.ft, PSA Supply Chain Hub @ Tuas to be equipped with advanced robotics and automation systems.