Latest News - Page 196

With remarkable growth in 2023, Emirates SkyCargo is poised for ambitious strides in 2024.

MSC introduces a new acronym - contingency adjustment charge (CAC), Maersk, CMA CGM announce diversions

Allcargo Logistics and Allcargo Gati shareholders to get shares in operating entities eliminating complex structure

New terminal consolidates multiple operations & includes an automated hub, sortation, freight handling, and e-commerce returns operations.

Concor, DB Schenker joining hands to provide bouquet of end-to-end services in a seamless manner

This collaboration opens opportunities for forwarders seeking capacity and charter services on a global scale

FedEx Express revenue declined 5% to $10.3 billion and operating income was down 60% to $137 million

"With rising e-comm logistics, there is high demand for enterprise-grade warehousing and integrated logistics support."

Banking sources have said DB Schenker could be worth as much as €20 billion: Reuters

~920,000 TEUs have diverted south of Africa & another ~1,002,000 are delayed in Suez area: Anders Schulze, Flexport

Bhattacharjya instrumental in shaping network planning and overseeing control tower operations at Ecom Express

MSC, CMA CGM halt Red Sea sailing after attacks; only positive - Panama Canal increases crossings from January 2024