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Emirates Group H1 loss at $1.6 billion; cargo volume grows 39%
11 Nov 2021 3:00 PM ISTRevenue increased 81 percent to $6.7 billion and EBITDA was $1.5 billion compared to a negative $12 million. The group continued to maintain a healthy...
Capital A makes undisclosed investment in B2B logistics startup RoaDo
11 Nov 2021 1:36 PM ISTCapital A, a venture fund for seed to early-stage start-ups, has made a pre-series A investment of an undisclosed amount in Bengaluru based B2B...
Supply chain crisis to continue next year, says Accenture
11 Nov 2021 10:34 AM ISTLow safety stock globally is fueling demand beyond Christmas, and full relaxation is not like before Q42022, consultancy firm Accenture said in its...
12 players in race for 30-year deal to operate JNPT container terminal
10 Nov 2021 4:44 PM ISTMajor global port operators including India’s biggest private port operator APSEZ (Adani Ports and Special Economic Zone Ltd), Dubai government-owned...
Maersk, wind turbines maker Vestas sign deal for container transport
10 Nov 2021 4:23 PM ISTA.P. Moller-Maersk and Vestas, a global leader of offshore wind turbines, have formed a long-term strategic partnership for containerised transport.
ECU Worldwide study on API adoption among freight forwarders out now
10 Nov 2021 3:33 PM ISTECU Worldwide, global multi-modal logistics major and the leading player in Less-than Container Load (LCL) ocean freight consolidation, today launched...
Container availability still worrying, prices decline
10 Nov 2021 10:32 AM ISTHuangpu, China continued to have the highest Container Availability Index (CAx) value in October, followed by Memphis and Dallas, according to data...
Mahindra Logistics acquires MERU to combine capabilities with AlyteÂ
9 Nov 2021 7:59 PM ISTMahindra Logistics Ltd. (MLL), one of India’s largest third-party logistics solution providers, today announced its acquisition of Meru
Lufthansa Cargo 9-months revenue grows 37% to €2.4 billion
9 Nov 2021 7:52 PM ISTFor the third quarter ended September 30, revenue was up 50 percent to €834 million. While capacity increased 18 percent, sales was up 11 percent.
Turkish Cargo 9-months revenue grows 45% to $2.7 billion
9 Nov 2021 7:38 PM ISTRevenue from cargo carried in passenger aircraft more than doubled to $307 million in Q32021, and income from cargo carried in freighters increased 19...
UPS begins its first direct flight from India to Europe with Boeing 747
9 Nov 2021 3:27 PM ISTA UPS 747 flight is now connecting India directly to Europe and connecting UPS customers to North and Latin American markets five days per week.
Tacoma terminals to collect dwell fees
9 Nov 2021 3:04 PM ISTTerminals at the Port of Tacoma, Washington have decided to collect dwell fees from importers.













