Uncategorized

India jumps 6 places to 37th rank on IMD’s World Competitive. After a stable but stagnant five years, 2022 witnessed significant improvement in the competitiveness of the Indian economy, IMD said, adding that this is largely due to gains in economic performance. India has witnessed the sharpest rise among the Asian economies, with a six-position […]

S&P Cuts FY23 India Growth Forecast To 7.3% On Inflation. Due to rising inflation and the longer-than-expected Russia-Ukraine conflict, India’s growth projection for the current fiscal has been cut to 7.3 percent from 7.8 percent earlier, said S&P Global Ratings in its Global Macro Update to Growth Forecasts. Inflation remaining higher for long is a

Global Supply Chain Crises Flares Up Again Where It All Began China’s stringent rules to curb Covid-19 are about to unleash another wave of summer chaos on supply chains between Asia, the U.S., and Europe. Ports are already snarled, with the $22 trillion trade in global goods facing months of severe disruption. Beijing’s zero-tolerance approach

Gati Shakti National Master Plan The Prime Minister Mr. Narendra Modi on Wednesday launched the Rs 100 lakh crore PM Gati Shakti – National Master Plan for multimodal connectivity here. Foundation for next 25 years This Master Plan will give impetus (Gati Shakti) to 21st century India,” the Prime Minister stressed. “We have not only developed

Digtal Container Shipping In the 21st century digital container shipping , it is time for technology to lead a new revolution. In ocean freight supply chains, meaningful innovation is long overdue. The container shipping industry in the past decade and more has been characterized by intense peaks and troughs, rivalries and rate wars – but little

Progress Of Container Globalization The progress of container globalization was game changer in the 20th century, with a greater impact than the airplane or the microchip. It brought new designs for ships and cargo facilities, allowed for global door-to-door transportation, utilized early information technology, and caused structural change in the industry through mergers and alliances.

Growth Of Global Container Logistics. The growth of global container logistics over the past few decades has been nothing short of remarkable. The introduction of standardized shipping containers in the 1950s revolutionized the way goods are transported around the world, making it possible to move cargo more efficiently and at a lower cost. The first

Globalization Of Shipping Containers The globalization of shipping containers has revolutionized the way goods are transported around the world. Prior to the introduction of container shipping in the 1950s, cargo was loaded and unloaded by hand, which was a time-consuming and labor-intensive process. The use of standardized containers, which could be easily loaded onto different

History of Container Shipping Container shipping has come a long way since its inception in the 1950s. The history of container shipping is a fascinating story of innovation, efficiency, and globalization. Specifically, the origins of container shipping can be traced back to the 1950s, when Malcolm McLean, a trucking entrepreneur, had the idea to standardize

Container Shipping During Pandemic The container shipping during pandemic had an unprecedented impact on global economies. Lockdown measures worldwide meant that manufacturing was halted, ports were closed, and shipping companies were forced to make dramatic adjustments to their regular schedules Despite Asia’s prolonged struggles, it wasn’t until February 2020 that the global shipping sector started