Reefer container freight rates to stay firm in 2022: Drewry
3 Nov 2021 12:35 PM ISTReefer container freight rates are likely to be higher through 2022, outpacing earlier estimates as well as expectations for dry container freight...
Hypermotion Dubai 2021, Materials Handling Middle East start in Dubai
3 Nov 2021 11:28 AM ISTHypermotion Dubai, the Middle East edition of the German-initiated industry convex that reimagines the transportation and logistics industries,...
Zypp Electric unveils India’s first electric vehicle mounted D2C business
2 Nov 2021 6:54 PM ISTThe EV logistics tech delivery startup Zypp Electric announced that it has built India’s first EV D2C business.
Go First, Lulu Group ink MoU to transport cargo from Srinagar to Sharjah
2 Nov 2021 6:35 PM ISTThe UAE-based Lulu Group is expected to initially source horticulture, agricultural products and handicrafts from J&K and Go First is expected to...
See you at Global Pharma Logistics Summit 2021 in Mumbai on Nov 18
2 Nov 2021 5:17 PM ISTIndian Transport and Logistics News (ITLN), a STAT Media Group publication, is pleased to announce the fourth edition of our Global Pharma Logistics...
Maersk Q3 EBIT up almost 5 times to $6bn, maintains 2021 outlook
2 Nov 2021 4:19 PM ISTDenmark-based A.P.Moller-Maersk, the world's largest container carrier, today reported a 68 percent increase in Q3 revenue to $16.6 billion while EBIT...
Lufthansa Cargo digitalises special product handling with IBS software
2 Nov 2021 3:51 PM ISTLufthansa Cargo has partnered with IBS Software to digitalize critical handling processes for special products and services like dangerous goods,...
Maersk buys German airfreight company Senator for $644 million
2 Nov 2021 1:30 PM ISTDenmark-based A.P. Moller - Maersk, the world’s largest container shipping company, today announced the acquisition of German air-based freight...
Hapag-Lloyd may end year with profit of $11 billion
2 Nov 2021 11:33 AM ISTGerman carrier Hapag-Lloyd has revised its expected EBIT to $10.3 billion - $11.3 billion for 2021 from the earlier estimate of $7.5 billion - $9.5...
Mitsui invests in TCI’s cold chain logistics business
1 Nov 2021 5:16 PM ISTJapanese major Mitsui & Co has invested in TCI Cold Chain Solutions, the cold chain logistics division of Transport Corporation of India (TCI).
Mahindra Logistics H1 net profit at ₹18 crore on higher revenue
1 Nov 2021 1:41 PM ISTMahindra Logistics reported a net profit of Rs 18 crore for the first half ended September 30, 2021, compared to a loss of Rs 2 crore in the...
Maersk to invest $136 mn over 25 years for logistics park in Saudi
1 Nov 2021 12:50 PM ISTA. P. Moller - Maersk signed an agreement with Saudi Ports Authority “Mawani” committing to an investment of $136 million (510 million Saudi Riyals)...
