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Vessel utilisation remains low, rates to be weak: Sea-Intelligence
21 Oct 2022 12:30 PM ISTOn Transpacific, utilisation dropped below 90% for much of 2022, becoming a catalyst for the freight rate decline.
Stellar Value Chain Solutions launches in 7 new cities across India
20 Oct 2022 5:55 PM ISTThe company has set up operations in 5 new Tier 2 cities namely Surat, Nagpur, Indore, Raipur, and Patna, and shall be shortly launching in Lucknow...
Nathanaël de Tarade, CEO, Wiremind Cargo - conversations from IATA WCS in London
20 Oct 2022 5:21 PM ISTOn the side-lines of the IATA World Cargo Symposium in London Nathanaël de Tarade, CEO, Wiremind Cargo, speaks to Reji John, Editor of STAT Media...
Adani Defence & Aerospace to acquire Indian legacy MRO Air Works for ₹400 Crore
20 Oct 2022 1:12 PM ISTAir works is the oldest MRO in India with a presence across 27 cities, 6 maintenance bays, and 900+ maintenance experts
Los Angeles port handled 4% lesser containers in 9-months
20 Oct 2022 1:00 PM ISTPort handled 709,873 TEUs in September, a 21% decrease from September 2021.
Antonoaldo Neves appointed CEO of Etihad Aviation Group
19 Oct 2022 6:35 PM ISTTony Douglas to pursue a new opportunity after completing Etihad’s initial transformation programme.
Pescafresh launches new processing facility in Mumbai
19 Oct 2022 4:19 PM ISTThe Lower Parel CAD Unit is built on HACCP guidelines; to have better and safer quality products
CABT Logistics invests nearly Rs 5cr for festive operations
19 Oct 2022 2:00 PM ISTCurrently handling around 20 lakh orders per day; expected to reach 30 lakh orders per day during festival season.
Flomic plans to touch ₹500 cr revenue; actively scouting, retaining talent
18 Oct 2022 9:01 PM ISTThe 33-year-old BSE Listed company after establishing a network of offices offering freight forwarding and custom clearance services all over India,...
Lufthansa Group raises 2022 earnings/cash flow forecast
18 Oct 2022 12:15 PM ISTLikely to report adjusted EBIT of over €1 billion & adjusted free cash flow of over €2 billion.
Siemens Logistics, Qatar Airways Cargo, QAS Cargo sign deal
17 Oct 2022 8:05 PM ISTOperational efficiency improvement seen using state-of-the-art data analytics and predictive maintenance
Gavi, Moderna update agreement for 100mn doses of Covid vaccines
17 Oct 2022 7:45 PM ISTGavi and Moderna agree to cancel remaining volumes under their previous agreement in 2022












