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Agility reports 61% fall in net profit to $52 mn for first half of 2020
17 Aug 2020 12:13 PM ISTAugust 17, 2020: The global logistics provider Agility today reported a first-half net profit of $52.93 million, a decrease of 61.3 percent over the...
Maersk suspends ME1, connects ME2 to India and revamps AE1 & AE7
7 Aug 2020 5:26 PM ISTAugust 7, 2020: A.P. Moller - Maersk announced changes to its network between Europe and the Middle East & Indian Subcontinent (West Central Asia) by...
Indian sea & road freight recovering; air still impacted: Ind-Ra
7 Aug 2020 12:42 PM ISTAugust 7, 2020: India Ratings and Research (Ind-Ra) has published the first edition of its credit news digest on India’s logistics sector highlighting...
APM Pipavav reports Rs 1,590 mn revenue & Rs 481 mn profit in Q1 FY21
7 Aug 2020 12:35 PM ISTAugust 7, 2020: APM Terminals Pipavav (Gujarat Pipavav Port) reported 13 percent decline in consolidated net profit at Rs 481 million for the first...
DP World container volume fell 8% in Apr-Jun quarter & 4% in 1H 2020
4 Aug 2020 2:10 PM ISTAugust 4, 2020: Across the global portfolio of DP World container terminals, container volumes fell by 7.9 percent in the April to June quarter and...
Shipping lines perform ‘delicate balancing act’ to hold long-term freight rates steady: Xeneta
30 July 2020 5:33 PM ISTJuly 30, 2020: According to the latest XSI Public Indices report from Oslo-based Xeneta, the shipping lines are safeguarding its vital long-term ocean...
