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Schneider Electric, DHL launch multimodal shipping bridge from India
5 Feb 2024 6:58 PM ISTDHL has deployed two multi-modal shipping bridges - between Singapore and North America and between India and North America.
2023 schedule reliability up 19.5ppts; Drewry WCI down 4%
4 Feb 2024 11:00 AM ISTDrewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024
TCI Q3 net profit down 7%
3 Feb 2024 1:46 PM ISTFor the first nine months of financial year 2024, net profit increased 5% to Rs 251 crore
CULines launches CIX2 China-West India service
2 Feb 2024 3:14 PM ISTThe CIX2 service will provide direct shipping service from Tianjin and Kaohsiung to West India
Allcargo Terminals Q3FY24 profit up 11%
2 Feb 2024 1:50 PM ISTRevenue increased 6% to Rs 185 crore while EBITDA was down 18% to Rs 29 crore
Interim union budget unveils 3 new economic rail corridors
1 Feb 2024 9:31 PM ISTThe railway corridor programmes are namely energy, mineral and cement corridors, port connectivity corridors and high traffic density corridors.
XSI drops to 148pts in January, lowest since April 2021
1 Feb 2024 7:48 PM IST"Shippers will be reluctant to commit to long-term rates during the height of disruption due to the Red Sea crisis."
DB Schenker names Vishal Sharma new CEO for Asia Pacific
1 Feb 2024 4:41 PM ISTVishal has been serving as CEO for DB Schenker’s Cluster Greater China since 2021.
Adani Ports Q3 net profit up 65%
1 Feb 2024 4:35 PM ISTFor the first nine months of financial year 2024, profit was up 43 percent at Rs 6,089 crore
ONE Q3 net loss at $83mn, revenue down 46%
1 Feb 2024 11:44 AM ISTRevenue declined 46 percent to $3.4 billion compared to $6.2 billion in Q3FY2022
Red Sea crisis impact more than Covid on ocean freight rates: Xeneta
31 Jan 2024 8:46 PM ISTEarly indications suggest ocean freight shipping rates are set to increase further in early February
KSH Logistics appoints Vinay Patil as VP - business development
31 Jan 2024 7:50 PM ISTPreviously, he served as the Director of Enterprise Solutions (Business Development) at Delhivery, where his contributions significantly propelled the...













