Spot rates on the Asia to the Middle East and South Asia are being undermined as carriers on the trades struggle to maintain load factors to support freight rate increases, according to Drewry Container Insight.
Danish delegation led by Minister for Trade and Economic Affairs, Denmark visits APM Terminals CFS facility in Dadri
31 Jan 2015
Blue Dart Express, India’s leading air express and logistics service provider, reported a 19 percent rise in net income to Rs. 27.13 crore (US $4.4 million) for its third quarter, which ended Dec. 31.
30 Jan 2015
Strong gains across multiple segments, particularly intermodal, fueled a 70 percent year-over-year increase in Gateway Distriparks Ltd.’s consolidated net earnings in its third fiscal quarter, which ended Dec. 31.
28 Jan 2015
Capacity additions and a significant acceleration in cargo volumes helped drive strong third-quarter results for Adani Ports and Special Economic Zone (APSEZ), India’s largest private port infrastructure developer.
27 Jan 2015
Leading container shipping groups are under fire from a safe shipbreaking campaign group for continuing to send vessels to "sub-standard" beach demolition yards on the Indian sub-continent.
27 Jan 2015
Gati Ltd., India’s leading express distribution and supply chain solutions provider, on Tuesday said the growth of e-commerce helped increase net earnings by 60 percent in its third fiscal quarter, which ended on Dec. 31.
26 Jan 2015
Cargo volumes at non-major, also known as minor, ports in India expanded at nearly three times the pace of “major” ports owned by the federal government, reflecting rerouting of traffic to avoid ongoing congestion problems at major ports.
25 Jan 2015
Only 60-70 percent of India’s port capacity was currently being utilized, and that issue should be addressed before the country embarked on ambitious new port projects, according to Visakhapatnam port chairman M.T. Krishna Babu.
23 Jan 2015
Blue Dart Express is denying that its parent DHL Express Singapore Pte. Ltd. is negotiating to sell its holdings in the Indian subsidiary to U.S. e-commerce giant Amazon.
22 Jan 2015
A labor dispute involving crane operators that produced intermittent gate closings and resultant violent protests by truck drivers over long waits at APM Terminals-managed Gateway Terminals India was settled Wednesday, giving beleaguered shippers relief after months-long cargo delays and congestion surcharges in Nhava Sheva, also known as Jawaharlal Nehru Port Trust.
21 Jan 2015
APM Terminals management at India’s Port of Nhava Sheva (Jawaharlal Nehru Port Trust) on Wednesday said it is making all efforts to restore "complete" normalcy in the terminal operation and bring “vessel calls back on schedule.”