Maersk releases API- integrated reefer solution
A.P. Moller – Maersk (Maersk) has announced the launch of the new Captain Peter Integrated package, enabling data integration with Application Programming Interface (API). The solution will reportedly allow customers to get the raw data log with temperature readings into their own system of choice. It could be their own transportation management system or a […]
Baring EQT could deploy $4-5 b in India over 3 years: Jean Salata, Chairman, EQT Asia
Since 1998, BPEA EQT has deployed $5.5 billion in India in companies like Mphasis, Hexaware, CitiusTech, VFS, RBL Bank, among others. Of this, over $4-5 billion was in the last five years. Stockholm’s EQT also has a $1-billion commitment in renewable and data centre platforms in India and has already deployed 50% of that. In […]
Stock market update: Nifty Pharma index falls 0.32% in a weak market
NEW DELHI: The Nifty Pharma index traded negative around 11:06AM(IST)on Wednesday in a weak market. Natco Pharma(up 1.27 per cent), Laurus(up 0.63 per cent), Divis Laboratories(up 0.6 per cent), Alkem Laboratories(up 0.42 per cent) and Glaxosmithkline Pharmaceuticals(up 0.35 per cent) were among the top gainers. Glenmark Pharmaceuticals(down 1.97 per cent), Sun Pharmaceutical Industries(down 0.84 per […]
Echo Global Logistics Named a 2023 Best Place to Work by Built In
Echo Global Logistics, Inc. (“Echo”), a leading provider of technology-enabled transportation and supply chain management services, has been named a 2023 Best Place to Work by Built In, an online community for technology companies. Now in its fifth year, this award honors companies who strongly value their employees, weighing criteria such as flexible work opportunities, […]
IBS Software acquires Accenture Freight & Logistics team for unknown sum
IBS Software, a leading SaaS solutions provider to the travel industry globally, has announced the completion of a transaction to acquire the team of Accenture Freight and Logistics Software (AFLS). AFLS provides technology platforms to help airline and ocean transportation companies manage their freight operations and grow through digital transformation and innovation. The acquisition will […]
DCSA members commit to standardised eBL by 2030
Digital Container Shipping Association (DCSA) has announced that nine ocean carrier members have committed to 100 percent adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. "Switching away from the transfer of physical paper bills of lading could save $6.5 billion in direct costs for stakeholders, enable $30-40 billion in […]
