Indian Transport & Logistics

Schneider Electric, DHL launch multimodal shipping bridge from India

5 Feb 2024 6:58 PM IST
DHL 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 IST
Drewry 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 IST
For 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 IST
The 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 IST
Revenue 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 IST
The 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 IST
Vishal 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 IST
For 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 IST
Revenue 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 IST
Early 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 IST
Previously, he served as the Director of Enterprise Solutions (Business Development) at Delhivery, where his contributions significantly propelled the...
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