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Jyothi Shankaran
Associate Editor, STAT Media Group. He has worked with IndiaSpend, Bloomberg TV, Business Standard and Indian Express Group. Jyothi can be reached at jyothi@statmediagroup.com
Schedule reliability improves in March; Maersk still over 50%
30 April 2022 10:43 AM ISTDespite being the highest 2022 reliability figure so far, the score is still slightly below the 2021 level
Container prices decline in India amidst global disruptions
27 April 2022 6:45 PM ISTAvg price of a 40 ft HC container in Chennai was $5,127 in mid-Jan 2022, which was down 16% to $4,297 on April 18, 2022.
Salmon demand growing in India: Catch of Norway MD Mark Alzawahra
23 April 2022 2:09 PM ISTDemand increasing due to pandemic which pushed B2C demand, and middle class becoming health-conscious.
Empty containers piling up in U.S pushing down prices
19 April 2022 5:20 PM ISTContainer prices have dropped by 30% in two months across east and west coast and more than halved at some ports.
TCI Express ahead of curve: Jefferies
7 April 2022 5:38 PM ISTTCI Express, according to Jefferies, is a profitable express player unlike new age peers like Delhivery, Rivigo & Ecomm
China lockdowns, Russia-Ukraine conflict cloud container outlook
6 April 2022 2:00 PM ISTConflict to affect container availability globally but it will vary from port to port: Container xChange
Zomato, Swiggy under regulatory scanner
5 April 2022 10:44 AM ISTCompetition Commission probing irregularities including preference for own partners and commissions as high as 24%.
Agility-Menzies agree on £571mn deal, shareholders get £6.08/share
30 March 2022 4:34 PM ISTMenzies-NAS revenue was more than $1.5bn 2021; to have approx 35,000 employees with presence at more than 250 airports
Maersk ship drops 90 containers in "very serious incident"
24 March 2022 9:36 PM ISTApproximately 100 other containers were damaged while no crew members were injured.
Drewry's WCI drops 4%; spot rates continue rally, says Xeneta
24 March 2022 6:59 PM ISTThe World Container Index, however, remains 74% higher than a year ago.
U.S. Senate debates Shipping Act; WSC says address supply chain woes
23 March 2022 1:15 PM ISTAmericans continue to import goods at record levels; ports and landside workforce unable to process cargo: WSC
Zomato promises 10-min food delivery; Can Blinkit model work here?
22 March 2022 12:56 PM ISTZomato's finishing stations will house bestseller items based on demand predictability and hyperlocal preferences.