India-Gulf container rates plunge as capacity returns and cargo backlogs ease
Container shipping rates from India to the Persian Gulf have significantly softened from the peaks ...
Maersk and IB Cargo, a Romanian freight forwarding and logistics provider, announce their partnership for the operation of a 75.000sq-metre regional distribution centre for IKEA Supply AG, located in CTPark Bucharest West industrial park. The facility, to be completed by end of 2020 and operational by mid-2021, will be the largest warehouse in Romania and will be used by IKEA Supply AG as their distribution centre for inbound and outbound operations for stores in South Eastern Europe and Eastern Mediterranean.
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