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Container carriers order 550 ships in 2021, up nearly 400%; Maersk warns of tough times
12 Jan 2022 12:30 PM ISTNew building orders for container vessels increased 386 percent to 555 for the year to date (YTD) December 2021 compared to 114 in 2020 and 107 in...
Lenovo joins DB Schenker, Lufthansa Cargo on their CO2-neutral flights
11 Jan 2022 6:58 PM ISTAnother major global player joins DB Schenker and Lufthansa Cargo on their way towards greener supply chains: Global hardware technology provider...
Kale Logistics forms partnership to set up multimodal e-marketplace in Uganda
11 Jan 2022 6:19 PM ISTKale Logistics Solutions (Kale), IT solutions provider for the global logistics industry, has partnered with Private Sector Foundation Uganda (PSFU)...
Container turnaround time accelerates in Asia but congestion in US/Europe ports delay supply chain recovery
11 Jan 2022 7:26 AM ISTContainers are moving in and out of China at record speeds as shippers desperately source capacity but port congestion in Europe and the US continues...
Drewry WCI increased 1%, indicators point to another bullish year for freight
10 Jan 2022 1:07 PM ISTDrewry’s composite World Container Index (WCI) increased 1.1 percent to $9,408.81 per 40ft container for the week to January 6, 2022.
Industrial & warehousing records in excess of 44 million sq ft space absorption in 2021
6 Jan 2022 9:08 PM ISTIndustrial and warehousing space absorption stood at 44 mn sq. ft in 2021 to include 35.1 mn sq. ft from Tier I cities and 8.6 mn sq. ft from Tier II...