Chinese New Year (CNY), traditionally, sees a production slowdown in Asia, and shipping lines blank sailings to bring supply in line with demand. "In 2020, we saw an extension of CNY due to the Covid
Maruti Suzuki India signed an agreement with Kamarajar Port for the export of passenger vehicles to global markets. Kamarajar Port will be used for exports to Africa, Middle East, Latin America, ASEAN
Maruti Suzuki India signed an agreement with Kamarajar Port for the export of passenger vehicles to global markets. Kamarajar Port will be used for exports to Africa, Middle East, Latin America, ASEAN
The Indian exports of agricultural and processed food products rose by 16 percent in the eight months (April-November) of the current financial year 2022-23 in comparison to the corresponding period o
DP World and Saudi Arabia-based Hassana Investment Company (Hassana), the investment manager for the General Organisation for Social Insurance (GOSI) which owns one of the world's largest pension fund
Lufthansa Cargo is optimistic about 2023, and is positive about fundamental trends such as digitalisation and sustainability as well as the associated challenges in air freight. "The global logistics
Delhivery will acquire the Pune-based Algorhythm Tech which delivers intelligent planning & optimization solutions for enterprise supply chain operations for ₹14.90 crore. The company said the transac
Shipping Major development project with total investment of AED 4 billion ($1 billion) 13 Dec 2022 9:41 AM GMT X Mohamed bin Zayed Al Nahyan, President of the UAE, being briefed on the Khalifa Port ex
With an aim to understand the changing digital penetration and awareness in the shipping and logistics industry among MSMEs in EXIM fraternity, Freightwalla, the digital freight forwarding digitise pl
The Georgia Ports Authority moved 464,883 TEUs in November, a decrease of 6.2 percent, or 30,866 TEUs, compared to the same month last year. "Compared to November 2019, the Port of Savannah's performa
Some shippers may have an element of payback in mind since recession has started to bite in some markets, and demand for goods is dropping, says Xeneta in its latest ocean freight update. "Shippers we
FTH Daily, the subscription-based e-grocery initiative of FreshToHome, through partners launched a state-of-the-art warehousing facility spanning up to 75000 sq. ft. in Bengaluru. Built with a capacit
Shipping Poll of over 250 market participants found that 57% spent over two hours finding real-time data 14 Dec 2022 11:37 AM GMT X Photo by Antoine Petitteville on Unsplash Jyothi Shankaran 14 Dec 20
Shipping Drewry’s Global Container Terminal Earnings Index peaked in Q122 followed by a 13% drop in Q222 15 Dec 2022 4:30 AM GMT X Photo by M Anink on Unsplash Jyothi Shankaran 15 Dec 2022 4:30 AM GMT
Shipping Container movement down 7% year-to-date at Los Angeles compared to 2021, down marginally at Long Beach 15 Dec 2022 5:27 AM GMT X Credit: Port of Los Angeles Our Correspondent 15 Dec 2022 5:27
Road After establishing pan-India air express service over the last 12 months, Smartr expanded its offering to include door-to-door ground express service through a line-haul vehicular network and 10
Lufthansa Cargo will use new, lighter transport networks to secure cargo pallets starting January 2023. "By using a special fibre, the new nets save more than 50 percent in weight compared to conventi
Vincent Clerc, currently CEO of Ocean & Logistic business, A. P. Møller-Mærsk will succeed Soren Skou as CEO of Maersk effective January 1,, 2023. "Soren has contributed to our Group's development ove
Dachser is setting the course for future growth in its Air & Sea Logistics (ASL) business through long-term succession planning. Tobias Burger (45) will succeed Edoardo Podestà (60) as COO, Air & Sea
Shipping Avg long-term rate for contracts entering validity in past three months at least $1,900/FEU higher than avg spot rate 8 Dec 2022 6:07 AM GMT X Photo by william william on Unsplash Our Corresp
Indian Transport & Logistics News organised the sixth edition of the premier automotive supply chain management conference AutoSCM Summit in Four Points by Sheraton Hotel, Pune on Tuesday, December 6,
Global container volumes in 2022 will end approximately 4 percent lower than in 2021 and growth prospects for 2023 appear weak due to weak prospects for global economic growth. "At the same time, high
AA Holdings, an industrial and warehousing development and funding firm helmed by real estate veteran Abhijit Verma, today announced a strategic partnership with a logistic development company, Avinya
Air cargo revenue is expected to reach $201.4 billion in 2022, largely unchanged from 2021 and more than double the $100.8 billion in 2019, helping airlines reduce losses, according to the latest upda
The CMA CGM Group has signed a binding agreement to acquire GCT Bayonne and New York terminals, currently held by Global Container Terminals (GCT). The Port of New York and New Jersey is a key entry p
Pathway, the female-led deeptech startup unlocking the power of real-time data, has raised a $4.5 million pre-seed round from early-stage investors Inovo Venture Partners and Market One Capital. Strat
Ford Pro and Deutsche Post DHL Group signed a memorandum of understanding to accelerate the deployment of electrified vans used for logistics operations worldwide. Ford Pro will equip Deutsche Post DH
The board of Georgia Ports Authority (GPA) has approved a plan to renovate and realign the docks at the Port of Savannah's ocean terminal to better accommodate its expanding container operation. GPA p
Bobba Group is a 30-year-old Bengaluru-based logistics company that has operations in aviation and airport cargo terminal handling. The Group recently launched a new division called Bobba Logistics to
Manoj Singh, senior vice president & head – cargo, Mumbai International Airport - Adani Airports, will lead the Mumbai Chapter of Air Cargo Forum India (ACFI) which was launched on December 1, 2022, i