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FREIGHT TRADE HISTORY
Ajmer’s hidden engine: From steam locomotives to Vande Bharat — inside the 150-year-old railway workshop quietly powering the city’s growth since 1876Set up in 1876, the Ajmer Railway Workshop has completed 150 years as one of the city’s most important institutions. Beyond locomotives and...- Listed new-age internet firms brace for a costly ride as war clouds mathThe March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operat...
- A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
- India’s exporters are winning. The money hasn’t caught upExtended transit and receivable cycles, coupled with currency volatility, are straining liquidity. Despite policy interventions, a substant...
- Trading in turbulence: How geopolitics is redefining global riskAs geopolitical tensions intensify across West Asia, global trade dynamics are undergoing a structural shift, with political risk insurance...
- US stocks: FedEx shares jump 7% on resilient demand forecast amid geopolitical risks, surging fuel costsFedEx shares surged about 7% in morning trading on Friday, after the package-delivery giant raised its full-year profit forecast and signal...
- Trade war is back as America strikes back! China’s container cranes now hit with brutal 270% tariff hikeUS China trade war: The US has imposed significant new tariffs, reaching up to 270%, on Chinese-made container cranes and shipbuilding equi...
- Red Sea crisis: Over 700% rise in freight rates give exporters a sinking feelingSupply chain woes mount for traders as the Houthi attacks increase freight rates, insurance costs and travel time.
- Uber Q3 Results: Co swings to black on ride-hailing demand; posts first operating profitUber's cost controls ranging from layoffs to lower transaction costs and maintaining a steady headcount have helped the company maintain it...
- Shipping, allied industries battle choppy waters as margins sinkAs things stand, freight rates in key transit routes have declined over the past 3-4 months to as much as just a quarter of what they avera...
- MV Ganga Vilas has put India and Bangladesh on world's river cruise map: Sarbananda SonowalWelcoming ‘MV Ganga Vilas’, the world’s longest river cruise at its culminating destination in Dibrugarh, Sonowal hailed it as a historic a...
- Old is gold: sky-high cost of ageing ships sounds inflation SOSGreek firm Euroseas bought it in 2019 for $10 million when it was already a decade old. As world trade spiralled into chaos last year, it r...
- China exploits West’s sweeping sanctions on RussiaThe economic void created by the sanctions on Russia has provided a window of opportunity for China to exploit the circumstances for its ow...
- Freight boom fires Buffett trains, Maersk ships and oil pricesThe recent closing of freight deliveries from France into the U.K. serves as a reminder that things could become even more snarled, but als...
- Pakistan blocking normal access between India and Afghanistan: M J AkbarRECCA was initiated in 2005 to support the peace process in Afghanistan and build greater stability through economic co-operation in South,...
- Shipping assets plunge unparalleled: HSBCA plunge in the price of ships as assets, caused by a collapse in global growth just after owners had placed record orders for new vessels,...
- India's transition from sugar exporter to importer is up for discussionIndia could play a key role in recharging a stuporous global commodity market in the thick of an economic downturn.
- Lufthansa to launch big cost cuts: CompanyLufthansa, the leading German airline, is to launch cost cuts to save one billion euros (1.4 billion dollars) per year from 2011, a spokesw...
- CHAs mull action plan against Customs departmentLarge number of termination of agency licenses by the Customs has infuriated Custom House Agents.
- Buoyant bulk trade lifts local shipping majorsWith global transportation of grain, iron ore and coal increasing by the day, dry-bulk freight market is on fire.
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