Latest News - Page 26

For Q4FY2025, TCI reported consolidated net profit of Rs 115 crore (up 11%) and revenue of Rs 1,197 crore (up 9%).

Outlook for 2025 unchanged: lower earnings expected in a difficult market environment.

MSC, Hapag announce emergency charges; Hapag, CMA CMA alters routes.

1,10,000 sq. ft. Taloja space expands DP World’s India warehousing footprint to over 5 million sq. ft.

Round saw participation from Caret Capital, Indigram Labs Foundation and a strategic investor from the shipping sector.

U.S. will lower tariffs on Chinese goods from 145% to 30%; China will reduce duties on American imports to 10%.

Adani’s natural resources division first in India to opt for hydrogen-powered truck that can carry 40 tonnes of cargo.

CMA CGM will charge $800/unit from Pakistan to Europe/Med/U.S & $300/unit from Europe/Med/U.S./Africa to Pakistan.

"Global TEU-mile demand would decline 6% if container ships begin sailing through the Red Sea and Suez Canal again."

Funds will be used to strengthen technological infrastructure and invest in AI-driven inventory management solutions.

International cargo handled increased 14 percent to 2.32 million tonnes, according to data from AAI.

Ocean saw improved profitability to an EBIT of $743 million due to higher rates and stable volumes.