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Logistics
DP World doubles Rail links with new London Gateway-Southampton service
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LONDON : DP World is expanding its rail capacity between two of the UK’s largest container ports with the launch of a second weekly rail service connecting the London!-->…
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Struggle underway to unload ships, remove cargo from ports amid US East and Gulf Coast Port strike
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NEW YORK : A crippling strike at US East and Gulf coast ports is just hours away, spurring a last-minute race to get as many containers off ships and onto terminals as!-->…
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Freigt rates surge in FEU and TEU container market spreads key considerations for shippers
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OSLO : Spiralling ocean container shipping freight rates dominate discussion in the wake of major events such as the Red Sea conflict – but beneath these easy-to-observe!-->…
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Lulu Group to make major investments in Vizag, Vijayawada and Tirupati
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VISAKHAPATNAM : Lulu Group Chairman M.A. Yusuff Ali said a day after meeting Andhra Pradesh Chief Minister Shri N. Chandrababu Naidu, in a message on the social media!-->…
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Container freight rates take a dip amid sluggish exports from India in Sept
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NEW DELHI : Freight rates on the main trades out of India got down in September as the pace of exports slowed.
On the westbound India-Europe trade, average spot rates!-->…
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Govt. of Kerala launches logistics park network
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THIRUVANANTHAPURAM : Looking out for the businesses connected to the soon-to-be operational Vizhinjam International Transshipment Port, the state government of Kerala is!-->…
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Allcargo Gati declares 10% GPI from January 1, 2025, 3% shares rise
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MUMBAI : Allcargo Gati Ltd (formerly Gati Ltd), a logistics firm on September 26 announced a 10.2% average General Price Increase (GPI) effective from January 1, 2025, for!-->…
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U.S. East Coast port strike set to start Tuesday, union says
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NEW YORK : A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association (ILA) union said on!-->…
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Low demand, costly logistics, China’s deflation hurting India’s goods exports. Services may give…
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NEW DELHI : India’s goods exports contracted by 9.3 percent to USD 34.71 billion in August, while the import bill rose by 3.3 percent to USD 64.36 billion, fuelled by a!-->…
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Warehousing sector in India gets boost as global supply chains shift from China
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NEW DELHI : India has witnessed a remarkable surge in warehousing demand across key sectors, with figures rising from 15% in 2019 to 25% in 2024. This increase is primarily!-->…
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