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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...
Suez Canal revenues hit new record at $6.3 bn in 2021
4 Jan 2022 2:09 PM ISTEgypt Suez Canal Authority (SCA) said the key waterway, connecting the Red Sea and the Mediterranean, reported a record-breaking revenue of $6.3...
‘We are looking at servicing a total of 3 crore customers with support from close to 15 lakh driver partners'
3 Jan 2022 10:23 AM ISTOver the weekend, Lakshmi Ajay, ITLN virtually caught up with founders Pranav Goel, CEO, and Uttam Digga, COO of logistics marketplace Porter about...
Zypp Electric turnover likely to cross Rs 25 crore in FY22
27 Dec 2021 5:33 PM ISTZypp Electric, India’s leading Tech-Enabled EV Shared Mobility platform, expects its turnover to jump more than five times to around Rs. 25 crore...
