Gati Ltd., India’s leading express distribution and supply chain solutions company, reported its group net profit in the fiscal second quarter totaled about $2 million, a more than two-fold increase from the same period in 2013.
News & Analysis
08 Nov 2014
European retail services company Musgrave Retail Partners expands refrigerated transportation services by acquiring Irish firm Allied Logistics.
04 Nov 2014
In an effort to tap growing Asian perishable demand, a Japanese logistics firm and a Chinese fishing company today joined to create a cold chain logistics provider that will serve China and then eventually Southeast Asia.
30 Oct 2014
U.S. shippers’ increasing difficulties in finding long-haul trucks to move their loads is making intermodal rail, including the transport of refrigerated goods, more a “capacity play” than about saving money.
30 Oct 2014
Russia, struggling after it enforced food embargoes on European Union countries, is ramping up its chicken imports from Brazil, registering a massive 291 percent year-over-year increase in imports of the white meat in September.
30 Oct 2014
A group of Mexican produce and meat exporters are sold on the idea of starting weekly ocean service between the ports of Veracruz, Mexico, and Philadelphia, saying it would be faster, cheaper and provide better security and cargo integrity than current trucking routes.
29 Oct 2014
Fruit shippers in Central Washington hoping for refrigerated rail service to be reinstated at the Port of Quincy, Washington, have a long wait. After Cold Train suspended the reefer service, BNSF stopped any intermodal service to the port.
28 Oct 2014
In its first attempt to regulate transportation-related food safety, the Food and Drug Administration has confused quality with safety, a move that could force the automatic rejection of countless loads and push cargo claims and insurance rates up sharply, shippers, carriers and industry associations say.
24 Oct 2014
Russia's ban on food imports from a number of Western countries has created new shipping opportunities; fruits and vegetables traditionally supplied by European producers are being replaced by suppliers from other countries.
23 Oct 2014
Chiquita International and Irish banana seller Fyffes are busy wooing shareholders, saying the synergies of a combined company would result in $60 million in annual savings, much of it from lower transportation and fuel bills.