Maersk launches first block train from China to Georgia

Maersk’s intercontinental rail product portfolio expands, with the recent introduction of a block train solution connecting China and Georgia, the first such product developed specifically for the needs of Georgian imports. On 4th October 2020, the first train from Xi’an (Shaanxi province), China arriv...Read more

Maersk makes AE19 ocean-rail service from Asia to Europe permanent  

  Just over a year after its launch in August 2019, Maersk’s AE19 ocean-rail product from Asia to Europe becomes a permanent weekly service responding to increased customer demand.  In July 2019, first cargo left the Russian Far East on A.P. Moller - Maersk’s AE19 service, a unique combinat...Read more

Maersk acquires KGH Customs Services

 A.P. Moller – Maersk, has now completed the acquisition of the European customs services specialist to further enhance its logistics and services offering.  The company has finalised on 2nd September the acquisition of KGH Customs Services, a pan-European customs services provider, further strengt...Read more

Maersk records strong performance in Q2 2020

     In Q2 2020, A.P. Moller - Maersk improved profitability across all businesses through agile capacity deployment, cost mitigation initiatives and adaption to changed customer needs. The earnings improvement was achieved despite the sharp drop in global volumes following the COVID-19 crisis.&nb...Read more

Karaikal Port holds fertilizer cargo with highest average discharge rate

Chennai based Karaikal Port Pvt. Ltd. (KPPL), one of the fastest-growing gateway ports in South India, recently announced the highest average discharge rate per day of fertilizer from Supramax vessel - M V Murgash which was imported by Indian Potash Limited (IPL) with a shipment size of 40,000 tonnes of&...Read more

Maersk launches digital supply chain management platform  

     The new platform strengthens the company’s position as global integrator of container logistics helping small and medium sized customers to connect and simplify their supply chains. To further assist small and medium sized businesses with the complexity of managing their supply chains,...Read more

Indian Raliways launches Kisan Rail to ensure seamless supply chain

Indian Railways has started the 'Kisan Rail' initiative under which the first train from Devlali to Danapur has been flagged off by Union Minister of Agriculture and Farmers Welfare, Rural Development and Panchyati Raj, Narendra Singh Tomar and Minister of Railways and Commerce & Industry, Piyush Goyal. The t...Read more

FACT begins coastal shipping of fertilizers

Shipping of fertilizers to the East and the West Coast of the country has commenced by the Fertilizers & Chemicals Travancore Limited (FACT), a PSU under the Ministry of Chemicals & Fertilizers. FACT has adopted Coastal Shipping as a new mode of transport for uninterrupted supply of fertilizers t...Read more

Snowman Logistics records revenue of Rs 55.12 crores in Q1 FY 20-21  

    During the quarter ended June 30, 2020, Snowman Logistics Ltd recorded a Revenue of Rs 55.12 Crores against Rs 62.07 Crores in Q1 FY19-20. The decline in revenue was attributable to the disruption in road transport due to migration of drivers, however the warehousing occupancy of the company increa...Read more

Rwanda focuses on sustainable cooling & cold chain

A new African Centre of Excellence for sustainable cooling and cold chain based in Kigali will help get farmers’ produce to market quickly and efficiently thereby creating jobs, reducing food waste and increasing profits. It has been inspired by the University of Rwanda’s existing Africa Centre of Exce...Read more

Snowman Logistics expands more warehousing capacity with GDL & ALL  

    Gateway Distriparks (“GDL”) and Adani logistics Limited (“ALL”) have resolved their disputes mutually in context to Snowman Logistics share purchase by Adani Logistic Limited. Gateway Distriparks Limited (“GDL”) had initiated arbitration proceeding against Adani ...Read more

Snowman Logistics records revenue of RS 60.98 crores in FY20  

  During the quarter ended March 31, 2020, Snowman Logistics Ltd recorded a revenue of INR. 60.98 Crores as against INR. 59.80 Crores for the same period in the previous year. EBITDA decreased to INR. 15.39 Crores from INR. 16.67 Crores for the same period in the previous year, PBT decreased to INR. (1.34) C...Read more