As far as India is concerned, the biggest pain point from the US-Iran war in the Gulf region has been the spike in the prices of not only o...

Japan’s core inflation slipped below the Bank of Japan’s 2% target for a second straight month in March, as subsidies and easing food price...

Indian businesses are seizing opportunities after the Iran war ceasefire. Exports are resuming, and factories are returning to full capacit...

Sustained disruption could destabilise the coastal economy and weaken India’s export competitiveness, say experts and stakeholders

Air cargo costs are soaring by up to 70% on some routes. A conflict in the Middle East is disrupting flights and blocking sea shipments. Th...

Officials from Commerce, Industry, and Finance ministries, along with shipping and industry stakeholders, are to meet on Friday to discuss ...

In the meantime, as per maritime research firm Drewry, global average ocean freight rates for a 40-foot container have jumped for five week...

The pandemic resulted in severe supply disruption across the globe, and as result the freight rates are much higher today than it was durin...

As disruptions become more frequent and widespread, supply chains will have to be more flexible, agile, and have back up plans to cater to ...

Freightify aims to make it easier for small and mid-size freight forwarders with little to no technology expertise to set up an online stor...

Airfreight rates to North America from Hong Kong have risen as much as 24% this year after more than doubling in 2020, as the Covid-19 pand...

"Engineering exporters are going through one of the most turbulent and trying times. Out of India's total merchandise export of $320 billio...

Global cargo company FedEx today launched a specialised ocean freight service between India and the United States.

Deliveries of new containerships will hit a record monthly high of 200,000 20-foot equivalent units (TEUs) in July, extending a year long i...

Shares of Essar Shipping and Logistic Ltd on Thursday hit the upper circuit after an increase in freight rates of very large crude carriers.

The State Trading Corporation of India’s tender calling quotes for an unspecified quantity of wheat.

Fall in ocean freight rates are expected to continue unabated at least for the next one year.