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Our Correspondent

The demand is driven by customers relying on e-commerce to navigate in a business environment which has seen record numbers of employees working from home.

Maersk reports 90% increase in digital platforms usage amid Covid-19

16 May 2020 10:49 AM IST

May 16, 2020: Maersk witnessed record demand increase of 90 percent in its digital applications for online business transactions amid lockdown and...

The cargo team of the airline transported a total of 70.27 CBM of fruits and vegetables in the flight.

IndiGo uplifts 20,212 kg from Kochi to Abu Dhabi, breaks record again

15 May 2020 4:55 PM IST

May 15, 2020: IndiGo has exceeded its own record on the highest ever tonnage carried on a passenger freighter by uplifting 20,212 kgs on its Kochi-Abu...

The UN aviation agency underscored to national governments that current disruptions to international air movements have %u201Cseverely disrupted the global aviation network.

ICAO bats for public health corridors to keep vital air cargo moving

15 May 2020 4:06 PM IST

May 15, 2020: International Civil Aviation Organization (ICAO) urged the establishment of special Covid-19-free Public Health Corridors (PHCs) to...

The company held its 346th Board Meeting on May 13 to approve its Q1 financial report of 2020.

Yang Ming reports $1.15 billion revenue & $27.15 million loss in Q1

15 May 2020 3:47 PM IST

May 15, 2020: Yang Ming Marine Transport Corporation (Yang Ming) announced its consolidated revenues of Q1 totalled NTD 34.64 billion ($1.15 billion),...

MSC Trade Finance has already started to help companies in India to get cash in more quickly and have better, more flexible control over their cash flow.

MSC selects India to launch its shippers trade finance solution

15 May 2020 2:31 PM IST

May 15, 2020: The transport and logistics firm MSC Mediterranean Shipping Company has selected India as the first market to launch its new trade...

In the first quarter, operating earnings increased by 23 percent year-on-year, and cash return on invested capital increased by 3.5 percentage points to 10.5 percent.

Maersk expects global Q2 volumes to decrease 20-25%, across all businesses

15 May 2020 1:03 PM IST

May 15, 2020: With its Q1 financial results registering a strong start to the year, A.P. Moller – Maersk also announced that it expects the Q2 volumes...

Before this appointment, Rao was serving as member (finance) in Delhi Development Authority (DDA).

K Vinayak Rao takes over as member (finance) at Airports Authority of India

14 May 2020 5:07 PM IST

May 14, 2020: K Vinayak Rao, Indian Railways Accounts Service (IRAS) officer of 1987 batch has taken over the charge of member (finance) from May 13,...

Sunil Rallan, founder and president, TASID pushes for the integration of SEZ online with Customs ICEGATE system and incentivize foreign supply chains to relocate into SEZs.

SEZ developers of Tamil Nadu seek immediate reforms; write to PM

14 May 2020 4:59 PM IST

May 14, 2020: Tamil Nadu Association of SEZ (Special Economic Zone) Infrastructure Developers (TASID) in a letter addressed to the Prime Minister’s...

Snowman noted that prawn culture crop is excellent this year with slow exports leading to increase in its core business of cold store warehousing.

Snowman denounces media reports on business being impacted by Covid-19

14 May 2020 3:20 PM IST

May 14, 2020: The cold chain logistics provider Snowman Logistics denounced all media reports on its business being adversely affected by the Covid-19...