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Logistics
MSC faces financial penalty of over US$63 million relating to reefer overcharges
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GENEVA : Mediterranean Shipping Company (MSC) is facing a fine of at least US$63 million after the US Federal Maritime Commission (FMC) accused the world’s largest liner!-->…
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Evergreen suspends Haiti calls amid security concerns
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TAIPEI : Due to the escalating security concerns in Port-au-Prince in Haiti and the heightened levels of street violence, Evergreen has decided to suspend all calls at the!-->…
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Houthis claim to have fired rockets and drones at Israeli, US, and British ships
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YEMEN : Houthi forces in Yemen claimed to have launched rockets and drones at British, US, and Israeli ships, the latest in a campaign of attacks on shipping in support of!-->…
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Maersk’s new warehouse in Sri Lanka to strengthen integrated logistics solutions for customers
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COLOMBO : A.P. Moller – Maersk (Maersk) inaugurated its brand new warehouse in Sri Lanka at Wattala, spread over 100,000 sq. ft. Present at the inauguration were Mr. Vikash!-->…
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Indian road logistics industry revenues to grow at 3%-6% in FY25 says ICRA
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NEW DELHI : The Indian road logistics industry’s revenue will remain range-bound and grow at a slower pace of 3-6 per cent in the current financial year, rating agency ICRA!-->…
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Integrating logistics and infrastructure development courses and curriculum of CTIs for high skill :…
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VADODARA : Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Mr. Rajesh Kumar Singh highlighted on integrating logistics and infrastructure!-->…
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Jeena & Company merges with JBS Group
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With an eye on further strengthening its cargo reach, the company anticipates 100% growth
MUMBAI / AHMEDABAD : Jeena & Company, a global leader in freight forwarding!-->…
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India secures second overseas port: Sittwe agreement approved by MEA
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NEW DELHI : After Chabahar, India has gained the rights to operate a second overseas port, Sittwe, in Myanmar. The Ministry of External Affairs (MEA) has approved a!-->…
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Red Sea shipping diversions are boosting airfreight volumes and rates
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OSLO : Retailers and manufacturers are flying more goods around the shipping crisis in the Red Sea, industry experts say, helping boost international airfreight operators!-->…
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Baltimore shipping set to resume by end of April with full capacity by end of May
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BALTIMORE : The U.S. Army Corps of Engineers said that it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked!-->…
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