TCI reports PAT growth of 94%, EBITDA of 36% YoY in Q3 FY2022
28 Jan 2022 8:01 AM ISTTransport Corporation of India (TCI) announced its financial results for the third quarter ending  December 31, 2021 with revenue from operations at...
Carrier reliability drops to 32% in Dec; Maersk still best performer
28 Jan 2022 7:57 AM ISTThe schedule reliability of container carriers dropped 1.2 percentage points month/month to 32 percent in December 2021, the lowest-ever global...
Mahindra Logistics Q3 FY22 revenue at ₹1118 crore, EBITDA at ₹50 crore
28 Jan 2022 7:45 AM ISTThe 3PL solutions provider Mahindra Logistics (MLL) announced its consolidated financial results for the quarter ended on December 31, 2021 with...
Blackstone set to expand its logistics presence with new Indian entityÂ
28 Jan 2022 7:34 AM ISTLed by Rahul Pandit, its CEO, the platform will focus on providing best-in-class solutions for India’s industrial and warehousing needs
o9 Solutions raises $295 mn to continue growth across verticals, markets
27 Jan 2022 5:20 PM ISTThe enterprise AI software platform provider o9 Solutions announced that it has received equity investments totaling $295 million from General...
Xeneta acquires air freight market intelligence provider CLIVE Data Services
27 Jan 2022 3:44 PM ISTXeneta has acquired Amsterdam-based air freight data analysts CLIVE Data Services. CLIVE’s managing director, Niall van de Wouw will be joining Xeneta...
Airbus’ deploys Beluga A300-600 ST fleet for outsized cargo transport
27 Jan 2022 2:23 PM ISTAirbus has launched a new service to offer outsized freight transportation for customers worldwide.
GEODIS adds multiple flights to Asia-Pacific including Chennai
27 Jan 2022 1:45 PM ISTIn response to surging demand for air cargo capacity in the region, GEODIS has expanded its AirDirect own operated network with three more intra-Asia...
Snowman Logistics reports ₹73 crore revenue, ₹19 crore EBITDA in Q3
27 Jan 2022 12:23 PM ISTDuring the quarter ended December 31, 2021, Snowman Logistics recorded a revenue of ₹73.40 crore against ₹60.18 crore in Q3 FY20-21.
DP World partners with Maersk Mc-Kinney Moller Center for zero-carbon shipping
27 Jan 2022 11:13 AM ISTDP World has entered a strategic partnership with Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, reinforcing its commitment to...
Chinese New Year factory closures to disrupt supply chains, delay transits
25 Jan 2022 2:52 PM ISTOver two-thirds of respondents to a global survey by logistics technology company Container xChange expect Chinese New Year factory closures to...
OOCL doubles 2021 revenue to $15.7 billion on higher freight rates
25 Jan 2022 1:30 PM ISTHong Kong-listed Orient Overseas Container Line (OOCL) more than doubled revenue (unaudited) to $15.7 billion for the year ended December 31, 2021...
