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CSafe acquires Softbox to consolidate position in temperature-controlled solutions
16 Dec 2021 1:04 PM ISTWhile the terms of the deal were not disclosed, Softbox CEO Kevin Valentine will assume the role of president of CSafe’s passive temperature...
Earnings of shipping companies likely to fall from 2021 peaks: Moody’s
9 Dec 2021 1:01 PM ISTThe outlook for the global shipping industry has changed to stable from positive for the next 12-18 months due to demand slightly outstripping supply,...
2022 to be another challenging year for container logistics industry
9 Dec 2021 12:49 PM ISTMajority of the global container logistics industry (75 percent) is rethinking strategy for 2022, according to a survey by Container xChange.
Maersk unveils methanol-powered container carrier
9 Dec 2021 12:30 PM ISTDenmark-based A.P. Moller-Maersk unveiled an ocean-going container vessel with a nominal capacity of approximately 16,000 TEUs capable of being...
CMA CGM buys US-based Ingram Micro CLS for $3bn
9 Dec 2021 12:26 PM ISTFrench carrier CMA CGM has signed a deal with US-based Ingram Micro to buy most of its commerce & lifestyle activities (CLS) for an enterprise value...
Tech upgrades are changing warehousing
21 Sept 2021 6:33 PM ISTWarehouses today are tech-driven hubs using WMS, guided vehicles for stacking and related services and blockchain-linked IoT devices so that the...
