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If union members walk off the job at ports stretching from Maine to Texas, it would be the first coast-wide ILA strike since 1977, affecting ports that handle about half the nation's ocean shipping
Container traffic at DP World-operated International Container Transshipment Terminal (ICTT) at Cochin fell 7 per cent to 73,376 TEUs in July as compared to the previous month, the company said. The ICTT handled 79,044 twenty-foot equivalent units (TEUs) in June, the company said in a statement. This was, however, for the third consecutive month that the container handling at the facility stood at more than 72,000 TEUs, it said. DP World's ICTT provides mother vessel (mainline) connectivity to the Far East, Southeast Asia, Middle East, Europe/Mediterranean, and Singapore.
The company's fleet, which includes a significant number of chartered vessels, consists of more than 700 container ships, Maersk has said
Shipment of potatoes to other states will be considered after retail prices in West Bengal stabilise at Rs 30 per kg, an official in Kolkata said on Monday. West Bengal, one of the largest producers of potatoes in the country, has restricted shipment of the commodity to other states because of a steep rise in prices in the local market. Neighbouring states such as Assam, Jharkhand, Odisha and Bihar depend on West Bengal for potatoes. "We have been able to control prices, but our aim is to achieve Rs 30 per kg at the retail level before allowing shipment to neighbouring states," an official of West Bengal's Agriculture Marketing Department said. The situation is being closely monitored, and the next steps would be decided after a thorough review, he said. At present, the Jyoti variety of potatoes is retailing at Rs 36 per kg in Kolkata, while the cold storage price stands at Rs 26 per kg. The state-run Sufal Bangla outlets are selling potatoes at Rs 29 per kg. The Progressive Pota
The 'San Fernando' container ship, which is 300 metres long and 48 metres wide, will offload about 1,900 containers at the port on Friday
National transporter is facing shipment delays of forged wheel imports
Looks to monetise assets worth Rs 10,000 crore in FY25
At 02:30 PM; the stock of Concor was trading 6.29 per cent lower at Rs 1,103.25. In comparison, the S&P BSE Sensex was up by 0.39 per cent
The global shipping industry that is responsible for about 3 per cent of the global GHG emissions and carries nearly 90 per cent of international cargo is one such
Outbound shipments fall 2.6%; imports decline 15%
D2C brands across channels are expected to grow overall GMV at 35 per cent in next few years, with brand.com accounting for a significant share of this growth
India's smart TV shipments recorded double-digit growth of 28 per cent in 2022, which was led primarily by the festive season in the third quarter of multiple new launches, discount events, and promotions, said a Counterpoint Research report. Moreover, demand for bigger screen-size TVs in the lower price tier also fueled the growth, it said. While in the December quarter, after the festival sales, smart TV shipments were almost flat at 2 per cent Year-on-Year (YoY) due to a slowdown in demand. Smart device maker Xiaomi continued to lead India's smart TV market in 2022 with an 11 per cent share. This was followed by Samsung, LG, One Plus and TCL, respectively in the fast-growing Indian smart TV market. OnePlus and TCL were among the fastest-growing smart TV brands in 2022, said the Counterpoint Research report. While Sony was among the preferred brands in the premium segment. In 2022, over 99 per cent of the TVs were assembled locally, while only some high-end TV sets were import
India's TWS (True Wireless Stereo earbuds) shipments registered 85 per cent (year-on-year) growth in 2022, with boAt leading the market for the third time in a row, a new report showed on Tuesday.
What's behind Indian CEOs' cautious outlook? Will UPI disrupt the billion-dollar remittances market? Will cold wave keep power stocks warm this winter? Why is a trans-shipment hub? All answers here
Empty container boxes crucial are getting stuck in the port of Rotterdam as a growing backlog of undelivered goods at Europe's export hub forces ocean carriers to prioritise shipments of filled boxes
The Port of Los Angeles is two nautical miles from the Port of Long Beach, and the two account for about 40% of U.S. container traffic
RBI rules allow AD Category-1 banks to close BoE for such import transactions where write-off is due to short shipment or destruction of goods by port/Customs/health authorities
Shipments of Maruti Suzuki and Bajaj Auto vehicles see record jump
Price on October 25 was $5,400, compared with $5,700 in September, despite Covid-driven container shortage across the globe