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MSC buys Brazilian port operator Wilson Sons for $783 million
21 Oct 2024 3:30 PM ISTTransaction to complete during H2 2025; MSC to make public offer at same price issued to seller - R$ 17.50/share.
PSA Singapore’s supply chain hub to be ready by 2027
21 Oct 2024 11:00 AM ISTWith more than 2 mn. sq.ft, PSA Supply Chain Hub @ Tuas to be equipped with advanced robotics and automation systems.
Xeneta sees container volumes growth slowing slightly in 2025
19 Oct 2024 1:14 PM IST2024 has been a year characterised by shippers’ extensive frontloading and ensure enough goods were on inventory.
Los Angeles Port reports record September, all-time best quarter
19 Oct 2024 11:27 AM ISTSeptember 2024 loaded imports landed at 497,803 TEUs, a 26% increase compared to the previous year.
Red Sea disruptions threaten competitiveness of Indian businesses
19 Oct 2024 10:00 AM ISTAs the conflict in the Middle East escalates and widens, the Bab-el-Mandeb Strait has become a perilous maritime chokepoint. With increased attacks on...
Machine learning to now predict ocean freight rate movements: Xeneta
18 Oct 2024 12:45 PM ISTModel leverages 500+ million data points, combined with 20+ parameters such as fleet data & macroeconomic factors.
Port of Long Beach reports strongest September on record
17 Oct 2024 1:00 PM ISTSeptember also marked the Port’s fourth consecutive monthly year-over-year cargo increase.
DP World boosts cargo capacity, acquires 47,000 TEUs
17 Oct 2024 11:11 AM ISTContainers set for long service involving multiple routes and diverse cargo.
DP World Nhava Sheva welcomes inaugural call of M.V. FOLK Jeddah
15 Oct 2024 10:29 PM ISTThe IRS service’s port rotation includes: Nhava Sheva, Mundra, Jeddah, and Salalah.
DP World plans £1bn expansion of London Gateway
15 Oct 2024 1:15 PM ISTDP World will increase capacity to six berths; expansion to create 400 permanent new jobs.
U.S. container market: Election, global uncertainty to impact outlook
14 Oct 2024 8:00 PM ISTImporters likely to frontload cargo ahead of disruptions in 2025, driven by labour negotiations and Chinese New Year.
Xeneta, eeSea announce partnership for transit times data
14 Oct 2024 12:15 PM ISTDeal to help shippers, freight forwarders and carriers to correlate transit times directly with rate fluctuations.
How Mercedes-Benz is using AI to manage supply-chain disruptions?
4 Dec 2024 9:00 AM ISTSwiggy Q2 consolidated loss declines to Rs 625cr
3 Dec 2024 6:53 PM ISTAir cargo demand up 9.8% in Oct, 15th month of consecutive growth
3 Dec 2024 4:41 PM ISTJNPA’s YTD growth stands at 13%
2 Dec 2024 9:11 PM ISTMaersk completes order of 20 dual-fuel vessels
2 Dec 2024 4:43 PM ISTDelhivery launches fifth all-women hub in Shahdara, Delhi
2 Dec 2024 3:31 PM ISTGreenLine deploys 25 LNG-powered trucks for Flipkart
2 Dec 2024 3:19 PM IST