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Houthis/Somali pirates attack 13% of global seaborne trade
19 March 2024 5:17 PM ISTIn the first three weeks of March, the number of ships transiting through the Suez Canal was down 51% YoY
LA Port Feb volume jumps 60%, LB Port volume up 24%
19 March 2024 4:14 PM ISTWith American consumers still spending & economic indicators +ve, LA/LB Ports well-positioned to recapture market share
How is Kale Logistics spearheading digital transformation in cargo operations?
18 March 2024 6:34 PM ISTAmar More, co-founder, and CEO of Kale Logistics, sat down for an interview with Nehal Gautam of STAT Media Group at the Air Cargo India 2024 event....
DP World 2023 revenue up 7%
16 March 2024 2:26 PM ISTProfit for 2023 declined 18% to $1.5 billion, mainly due to higher finance costs
CMA CGM, OCEAN Alliance roll out Day 8 Product
15 March 2024 6:07 PM ISTDAY 8 Product will offer CMA CGM customers optimised solutions to transport their goods, in particular to and from Asia
Over 80% U.S. SMB leaders say trade directly benefits them
15 March 2024 5:16 PM ISTTrade Index reveals the impact of global trade, technology, and trade policy on U.S. businesses
IndoSpace launches first in-city warehousing facility in Mumbai
14 March 2024 8:53 PM ISTThe facility spans over 1.5 lakhs+ sq. ft offers scalability options ranging from 5000 to 35,000 sq. ft, enhancing urban logistics across several...
ProcMart appoints Sachin Jain as chief financial officer
14 March 2024 8:46 PM ISTSachin, a seasoned financial leader with a rich background in finance, strategic planning, and implementation, brings close to two decades of...
Hapag 2023 profit drops 82% to $3.2bn
14 March 2024 8:10 PM ISTGroup revenue was down 47% to $19.4 billion even as transport volume in liner shipping segment was flat at 11.9mn TEUs
Ships above 12,000 TEU drive 100% increase in average ship size
14 March 2024 4:10 PM ISTAverage container ship could be larger than 5,000 TEU at the end of 2025: BIMCO
DHL Express introduces automatic sorting hub in New Delhi
14 March 2024 1:11 PM ISTNew hub will be the first-of-its-kind in the international express logistics industry in India
ZIM reports 2023 loss of $2.7bn on lower freight rates
13 March 2024 6:01 PM ISTFor the fourth quarter of 2023, revenue declined 45% to $1.2 billion & net loss came in at $147 million












