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Maersk Q32024 revenue up 30% on higher freight rates
31 Oct 2024 3:23 PM ISTMaersk is expecting underlying EBIT of $5.2-5.7 billion for 2024 on strong Q3 results & strong container market demand.
Eyeing global expansion, FourKites appoints new President Rocky Subramanian
6 April 2023 11:53 AM ISTA veteran business leader from SAP, Oracle, and Ceridian, Subramanian will lead the company’s customer growth strategy as it drives digital supply...
Kuehne+Nagel Project Logistics powers pilot phase of Haru Oni project
27 Dec 2022 4:06 PM ISTThe Haru Oni project explores the future of fuel from wind and water
Multimodal supply chain visibility startup Intugine raises Rs 19 crores in pre-series A
29 Nov 2022 11:29 AM ISTFunds raised to be primarily used for hiring, product development, increasing the network of integrations, and international expansion
Maersk Q3 EBIT up almost 5 times to $6bn, maintains 2021 outlook
2 Nov 2021 4:19 PM ISTDenmark-based A.P.Moller-Maersk, the world's largest container carrier, today reported a 68 percent increase in Q3 revenue to $16.6 billion while EBIT...
Amazon, others commit to using zero-carbon fuels ocean services by 2040
20 Oct 2021 5:03 PM ISTLeading global corporations including Amazon, IKEA, Unilever and Michelin are the among first signatories to an ambition statement for purchasing...
MSC reports good traction for Asia to Europe ocean, rail solution
1 Jun 2021 12:17 PM ISTJune 1, 2021: In mid-May, the first shipment of MSC containers was moved via MSC block train from Vostochniy to St. Petersburg in Russia, as part of a...
CMA CGM to up presence along Europe-Mediterranean-Middle East, India
17 Dec 2020 4:13 PM ISTDecember 17, 2020: The CMA CGM Group is reinforcing its presence through improved port coverage and vessel deployment on its EPIC, EPIC2, MEDEX and...