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Logistics
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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Balmer Lawrie plans Rs 700-crore capital expenditure, to diversify into ethanol production
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KOLKATA : Diversified PSU Balmer Lawrie & Co has planned a capital expenditure of Rs 700 crore with the aim to achieve a revenue of Rs 6,000 crore by 2030, a company!-->…
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NLDSL unveils ULIP Hackathon 2.0 and launches Track Your Transport App to tackle key challenges in…
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NEW DELHI : NICDC Logistics Data Services Ltd. (NLDSL) announces the launch of Unified Logistics Interface Platform (ULIP) Hackathon 2.0, a competitive event aimed at!-->…
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US East Coast port strike looms for first time since 1977
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NEW YORK : Thousands of dockworkers at every major in the US East and Gulf coast port are girding to strike starting early next week, threatening to close trade gateways!-->…
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Inauguration of the first batch at FFFAI Skill Development Center, Dronagiri under PMKVY 4.0
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MUMBAI : The Federation of Freight Forwarders’ Associations in India (FFFAI) is proud to announce the inauguration of the first batch on 17th Sep 2024 at its Skill!-->…
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