Container

Nearly 25 percent of the country's cargo passes through ports in Colombo, Singapore, and Klang, adding to transit times and pushing up freight costs. This logistical reliance on foreign ports makes Indian exports less competitive on the global stage.

Global container crunch is causing logistical and inflationary headaches

Congestion at global container ports is nearing COVID levels, leading to spikes in shipping costs and clouding the outlook for corporate bottom lines and the economy

Logistics aggregator Raaho raises Rs 20 crore in pre-series A extension round

Raaho will use the funding secured in this round to build data science technology and expand its operations from the current 15 cities to 25 cities in the next six months

MC Explains: Challenges the govt needs to address to make the National Logistics Policy a success

With 20 million trips made by trucks every month to transport goods across the country, pivoting from gas-guzzling road transport will be among the biggest challenges.

India Inc expects NLP to transform the nation into a global manufacturing hub

The NLP is expected to embed India in global supply chains and energise the economy across multiple sectors. It is also expected to enhance green transportation, among others.

Logistics aggregator Raaho is looking to raise $20 million next year to fund expansion across India

Raaho is targeting revenues of Rs 250 crore in 2022-23 and is aiming to grow its revenues to around $ 1 billion or Rs 7,500 crore in the next five years.

Shipping industry expects container prices to rise 15-20% ahead of festival period

Container prices in India had fallen around 10 percent in July when compared to June due to a fall in demand but expectations are that with the upcoming festival season, the rates will rise once again

INSTC route between India and Russia to see pick-up in trade volumes from next month, say officials

The INSTC is India's grand plan to cut short the time taken for trade shipments to reach Russia and Europe, and enter the central Asian markets, and vice versa.

India should do away with import bond to increase global presence in shipping industry: Christian Roeloffs

The political and economic uncertainties in Sri Lanka and congestion at Colombo port have created an opportunity for India to increase transshipment traffic in the country. And in order to take advantage of this opportunity, the Indian government should adopt digitisation to improve the efficiency of its ports and look to incentivise global shipping to set up base in India, Roeloffs said.

Logistics platform MatchLog raises $3mn from Blue Ashva Capital, Rainmatter Climate and Capital-A

MatchLog plans to grow the multi-modal share in addition to road transport and expand its footprint to more ports in India and abroad

Container prices rise 10-15% in India as Omicron hits operations at major global ports

Prolonged turnaround times at Chinese ports and congestion at US and UK centres are driving up container rates

Amid Omicron concerns, trade bodies, shippers fret over supply chain disruptions

India has not yet imposed any restrictions on the shipment of goods to contain the virus’s spread, but many European countries, the US and Canada have announced strict restrictions on the movement of passengers to contain the spread of the virus and are considering trade curbs.

Second wave of shipping containers scarcity haunts exporters

The shortage of containers and sky-high freight rates are a threat to Indian exports that rose to a record in the first quarter of FY22. This is eroding the profitability and competitiveness of exporters

Will high Baltic Dry Index and its correlation with markets hold this time? 

A high Baltic Dry Index this time around has more to do with supply-side issues and logistical logjam hurdles which will keep inflation high

To end Chinese supremacy, Concor to procure containers from domestic manufacturers

Till now, the state-run company was procuring around 8,000 containers from China on an annual basis, at a total cost of around Rs 200 crore.

Excess capacity no bother for port operators as tariffs and volumes improve

Profitability of port operators is projected to improve next fiscal year, helped by improvement in volumes and better operating leverage

High freight rates hurt India Inc, but no panic yet

Despite paying higher tariffs, some customers are unable to secure time-bound shipments. Transportation constraints are weighing on exports

Rise in freight cost needs urgent attention 

Regulation or policy re-orientation — What should the government do to ease container scarcity and help exporters?

Adani Ports Q2 net jumps 61% to Rs 1091 cr, cargo volumes up 17%

Adani Ports and Special Economic Zone's second quarter earnings surpassed analysts' expectations on Tuesday with consolidated profit surging 61 percent year-on-year to Rs 1,090.8 crore on strong operational performance.

Liquid cargo division to drive growth ahead: Guj Pipavav

In an interview with CNBC-TV18‘s Reema Tendulkar and Ekta Batra, the company‘s managing director Prakash Tulsiani spoke about the quarter gone by and his outlook for its performance ahead.

Citi: Three stocks to play India's logistics sector

In a 57-page report, analysts at Citi discussed prospects for the sector, and outlined three stocks – Adani Ports and SEZ, Container Corporation and Gujarat Pipavav – that they believe could be potential beneficiaries of an expected economic turnaround.

SCI 'restores' rates to beat losses, boost demand: Hajra

S Hajra, CMD, Shipping Corporation of India (SCI), explains to CNBC-TV18 that the rates were restored to levels prevalent five years ago in order to boost demand and control supply. Low container rates, he adds, forced the SCI to post its first loss in 28 years.

Freight rates likely to stabilise by mid-2012: SCI

S Hajara, the chairman and managing director of Shipping Corporation of India (SCI) in an interview with CNBC-TV18 fuel cost comprise of a very large percentage of the operating expense and hence the container rates were restored to cover these expenses.