Indian Transport & Logistics

Houthis/Somali pirates attack 13% of global seaborne trade

19 March 2024 5:17 PM IST
In 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 IST
With 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 IST
Amar 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 IST
Profit 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 IST
DAY 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 IST
Trade 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 IST
The 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 IST
Sachin, 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 IST
Group 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 IST
Average 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 IST
New 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 IST
For the fourth quarter of 2023, revenue declined 45% to $1.2 billion & net loss came in at $147 million
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