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The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,533 per 40ft container, which is $3,546 higher than the five-year average of $1,987 per 40ft container.

Global container price increases 332% YoY to $8,061 per 40ft container

28 Jun 2021 1:54 PM IST

June 28, 2021: Drewry’s composite World Container index rose 15.9 percent or $1,104 to reach $8,061.65 per 40 ft container, which is 332 percent...

Consumers in Kolkata and neighbouring towns of Kharagpur, Bardhaman and Medinipur will get access to high-quality daily grocery essentials through safe doorstep delivery

Flipkart launches doorstep grocery delivery services in Kolkata

24 Jun 2021 5:47 PM IST

June 24, 2021: Flipkart has launched grocery services in Kolkata, which will now provide customers in the city and neighbouring towns access to...

Air and sea freight rates remain at record levels and are highly volatile following the disruption of the pandemic resulting in a capacity crunch and swings in volumes

Freight forwarding market to grow 11% in 2021, 5% CAGR till 2025

23 Jun 2021 10:38 AM IST

June 23, 2021: Transport Intelligence’s (Ti), latest report, Global Freight Forwarding 2021, shows the post-Covid-19 global forwarding market is...

UPS president for South Asia Matt Parkey believes that the robust e-commerce growth coupled with the shifting supply chains in and around Malaysia, will favor logistics specialist UPS in the long run.

UPS partners with ParcelHub to expand operations in Malaysia

22 Jun 2021 5:42 PM IST

June 22, 2021: Global shipping and supply chain management firm United Parcel Service (UPS) is set to extend its retail presence in Malaysia this year...

With Covid-19 lockdowns and restrictions being eased in various states, the company is optimistic of carry on the positivity in the business outlook gathered in June to the third and fourth quarter of FY2022.

Mahindra Logistics reports significant impact of Covid on Apr-May business

22 Jun 2021 11:44 AM IST

June 22, 2021: Mahindra Logistics saw a significant impact on its business in the last two months due to lockdowns in various states, but now it is...

The new upgraded version helps businesses across two key dimensions - First to alert e-tailers about orders with high return potential and the second is to ensure a smooth return process, with clearer visibility of stock movement and faster inventory turnaround.

Unicommerce unveils new version of its returns management solution

21 Jun 2021 6:06 PM IST

June 21, 2021: The e-commerce focused SaaS-based supply chain solution company, Unicommerce, has unveiled a revamped and future-ready returns...