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Container ships reach highest avg age on record of 14.2 years
28 Oct 2023 2:54 PM ISTCurrently, 21% of ships in the container fleet are older than 20 years, and thereby prime candidates for recycling
Blue Dart Q2 net profit down 23%
28 Oct 2023 12:18 PM ISTBlue Dart carried 918 lakh shipments weighing 307,480 tonnes during the quarter ended September 30, 2023.
Zepto FY23 revenue zooms 14x, loss up 3x
27 Oct 2023 8:24 PM ISTZepto recently raised $200 million in a Series E funding round, valuing the company at $1.4 billion
APM Terminals, DP World to accelerate decarbonisation
27 Oct 2023 5:22 PM ISTAPM Terminals and DP World to promote widespread electrification of container handling equipment
Messe München, World Trade Center Miami to jointly organise summit
27 Oct 2023 5:15 PM ISTThe first edition of carga logistica Americas Summit will take place from October 15 to 16, 2024 in Panama City and will focus on the Latin American...
Allcargo Group commits to achieving carbon neutrality by 2040
26 Oct 2023 7:16 PM ISTAllcargo Logistics Limited, ECU Worldwide and Gati Limited to partner with carriers that use greener fuels.
Delivery hiring platform Vahan places 4 lakh riders across India
26 Oct 2023 6:20 PM ISTFounded by Madhav Krishna, Vahan is an AI-powered platform that assists blue-collar delivery riders in finding jobs within 48 hours, through a...
Industrial, logistics leasing likely to touch 5-year high in 2023
26 Oct 2023 5:56 PM IST3PL players dominated the leasing activity with a 45% share in Jan-Sep’23.
Shipsy acquires WMS provider Stockone
26 Oct 2023 4:54 PM ISTShipsy expands its product portfolio with Stockone acquisition for holistic fulfilment and logistics management.
2028 is earliest for overcapacity absorption: Sea-Intelligence
26 Oct 2023 12:08 PM ISTLower demand growth, modest supply growth or lower structural factor could push 2019-level balance to 2030 or beyond
Container carriers to report $15bn loss next year: Drewry
25 Oct 2023 8:00 PM ISTDrewry is expecting a 60% reduction in freight rates this year to be followed by a drop of 33% in 2024
Toll to become majority shareholder in its Dubai JV CWT-SML Logistics
25 Oct 2023 7:54 PM ISTCWT-SML operates five distribution centres Dubai, providing warehousing, logistics, and transport services to long-term, blue-chip customers across a...













