Indian Railways now has a ‘freight drawback’ — Finances paperwork present that the expansion of its key income supply, freight volumes, is slower than anticipated, within the low single digits somewhat than the anticipated excessive single digits. Additionally learn: Rail Finances’s capex increase welcome, however issues stay At ₹1.8 lakh crore, the anticipated freight earnings … Read more
The 2 liquid cargo berths which can be beneath growth by Jawaharlal Nehru Port Authority (JNPA) will turn into totally operational throughout the subsequent six months, says Unmesh Wagh, Chairman, JNPA. “We’re very wanting liquid cargo berths. There’s plenty of ready concerned for ships because of this. However now we’re including two berths and they … Read more
Freight loading by Indian Railways noticed a 1.45 per cent rise y-o-y in April to 128.29 mt. Earnings from the phase noticed a 1.30 per cent rise, for the interval beneath overview, to ₹14,075 crore, it stated in an announcement. Additionally learn:Railways gives file rakes for ferrying coal to energy vegetation in March Freight earnings … Read more
In 12-odd hours — about half the time it takes by street — Maruti Suzuki’s automotive elements journey the 659 km between New Rewari in Haryana to Palanpur in Gujarat on the truck-on-train service (ToT) offered by the Devoted Freight Hall Company of India Ltd (DFCCIL). Logistics firm Vinsum Axpress, which handles the consignment, shifted … Read more
The Pink Sea disaster precipitated by the assaults by Yemen’s Houthi rebels on container vessels has began taking a toll on transport commerce, with main traces saying a surcharge on ocean freights. Official sources within the transport trade in Kochi advised businessline that the surcharge varies from $1,500 for 20 ft containers and $3,000 for … Read more
Operations at container freight stations (CFS) in Chennai and Thoothukudi stay disrupted as they proceed to take care of the aftermath of the latest heavy rains. The deluge dumped by Cyclone Michaung in Chennai and the North-East monsoon in Thoothukudi led to in depth waterlogging and injury to cargo on the CFSs. There are round … Read more