Latest News - Page 145

Ocean saw volume growth & higher freight rates, primarily in Asia exports, reflecting increased supply chain pressure

Ganesh Satam appointed CBO, Life Sciences & Healthcare and Yugal K Agrawal is CBO, Operations, Pan-India.

Kulkarni assumes new position after serving as Chief Growth Officer of Allcargo Group in Chairman’s office

Largest deployment growth on Asia/Europe route at 24%; container fleet up 10.6% between June 1, 2023 and June 1, 2024

"Ezhou is a new logistics focused airport with a large express carrier as base carrier - think the Memphis of China."

JNPA handled 7.54 Million Tonnes of total cargo & 603,219 TEUs of containers in July 2024.

Xeneta Shipping Index (XSI) reached 151.5 points in July, a MoM increase of 2.5%

Net profit increased 6% to Rs 9.5 crore

Maersk reported unaudited revenue of $12.8bn, underlying EBITDA of $2.1bn and underlying EBIT of $756mn for Q22024.

Fontana has more than 15 years of finance experience in container shipping and land-logistics businesses

Revenue increased 21% to Rs 7,560 crore and cargo handled was up 8% at 109 million tonnes

Average delay for late vessel arrivals deteriorated, increasing by 0.04 days M/M to 5.19 days