A.P. Moller – Maersk to open 100,000 sq ft warehouse at Chattogram, Bangladesh

The three-storied facility is expected to go live by December 2022, to help in addressing the warehousing capacity crunch faced by exporters out of Chattogram, Bangladesh A.P. Moller – Maersk (Maersk), the integrated logistics company, is expanding its warehousing footprint in Bangladesh with a brand new 100,000 sq. ft. facility being built in Chattogram. The […]

DHL Global Forwarding, GoodShipping sign deal for sustainable fuel

Latest purchase of approximately 60mn liters; collaboration includes piloting new framework of Smart Freight Centre. DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, and GoodShipping, the global pioneer and market leader in insetting to decarbonise the container shipping industry by changing the marine fuel mix, are further expanding their […]

Kuehne+Nagel 9-month revenue up 40% at $30.6bn

K+N reported a 55% increase in yields in sea logistics and 38% increase for air logistics. The Kuehne+Nagel Group reported a 40 percent increase in turnover at CHF 30.6 billion ($30.6 billion) for the first nine months of the current financial year (January-September) on a 55 percent increase in yields in sea logistics. EBIT increased […]

Shadowfax partners with Shiprocket for same-day and next-day deliveries

In partnership with Shiprocket, Shadowfax is all set to facilitate same-day & next-day deliveries for D2C brands like boAT,Mamaearth, and MyGlamm Shadowfax Technologies, India’s largest crowdsourced third-party logistics platform for last-mile delivery, has partnered with Shiprocket to facilitate same-day and next-day deliveries for D2C brands like boAT, Mamaearth, and MyGlamm. The service will be enabled […]

Cargo traffic growth momentum continues at major ports

Increased handling of POL and coal, and easing of the supply chain globally have helped in the increased cargo handling Cargo handling at India’s major ports continues to be on the growth trajectory as there was an 11 percent increase in traffic in the first half of this fiscal to 384 million tonnes (mt) as […]