What Are Logistics Parks?

Most successful organizations these days rely on outsourcing. What is outsourcing? It is a successful business strategy where an organization makes use of third-party service providers to carry out some […]

India and Bangladesh fear trade disruption and payment challenges

Amid uncertainty over receiving timely payments, due to sanctions imposed by western nations on Russia, Bangladeshi garment makers have been urged to be cautious in exporting to Moscow. The Bangladesh […]

THE Alliance unveils updated service network for 2022

THE Alliance, comprising Hapag-Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, has announced an updated service setup, which will be effective from spring 2022. Among several modifications, a key […]

Evolution and Upsizing of Container Vessels

The ubiquitous container has brought about a revolution in global trade, since its introduction in 1956 by Malcolm McLean. The invention of the container not surprisingly heralded the advent of […]

Hapag-Lloyd revises WS3 service linking Chile with Peru

The German carrier Hapag-Lloyd will update the rotation and the vessel deployment in its West Coast of South America (WS3) service, connecting the Port of San Vicente in Chile with […]

Indian importers continually receive taxmen notices to pay ocean freight taxes, but cases remain pending

Despite a number of cases on imposition of integrated goods and services tax (IGST) on ocean freight in case of imports remained pending in various courts, Indian taxmen have started […]

Freight rates, box prices continue to rise

Not a happy start to the New Year for exporters and freight forwarders in India and Asia as the volatility of spot rates and contract rates continues to spill over […]

CMA CGM to push up South America rates

After four months of pausing increases in freight rates, CMA CGM has now announced fresh push-ups take will take effect on 15 February and will be applied in shipments to […]

2021: a year of Covid variants and milking the freight rate cash cow

Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic film Groundhog Day, but in between we did […]

Top 10: The busiest container ports in Asia

The vast majority of the largest and busiest container ports in the world are located in Asia. The continent is a crucial part of the global supply chain, which has […]

59% of all containers leave US ports empty

The Covid-19 has truly put the global supply chain in turbulence. After several months, when the global economy has reopened, the blue transport corridor is witnessing plenty of problems- bottlenecks, […]

HMM launches India/East Asia-Latin America service via African Cape

HMM has introduced a new loop, linking India to key ports in East Asia and Latin America, as major tradelanes see a rebound in containerised cargo movements amid pandemic-induced demand […]

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