Freight Shipping

Indian Railways has undertaken a mega-infrastructure project namely the Dedicated Freight Corridor (DFC), comprising Western Dedicated Freight Corridor (WDFC- from Dadri to Jawaharlal Nehru Port Trust 1506 Km) and Eastern Dedicated Freight Corridor(EDFC- from Ludhiana to Sonnagar-1337 Km) covering 2843 route Km in totality.This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Lok Sabha.A total route length of 1610 Km (799 Km of EDFC and 811 Km of WDFC) has been completed out of total 2843 Km till October, 2022.In this regard, a pilot project for 'JPP' has been launched on 31.03.2022, by attaching a Parcel Van in Tapti Ganga Express (19045/46) between Surat and Varanasi.Joint Parcel Product (JPP) has been launched by Indian Railways in collaboration with India Post which aims to target business-to-customer (B2C) and business-to-business (B2B) markets focusing on ...

The Centre, in this fiscal year's Union budget, had laid out a target to roll out 400 Vande Bharat trains by the end of 2024-25

Previous government had banned earthwork for project, following an order by Pune Bench of NGT

For the April-June quarter (Q1FY23), GE Shipping reported a jump of 142 per cent in consolidated net profit at Rs 457 crore as against Rs 189 crore in Q4FY22.

Analysts, which expect improvement in the second half, are currently bearish on the stock

The transporter has recorded 11 per cent increase in cumulative freight loading this financial year

NFR loaded 0.910 MT during the month of June, 2022. This is an increase of 7.9 per cent as compared to the corresponding period of last year, a spokesperson said on Monday

Indian importer is liable to pay IGST on the 'composite supply' in a CIF contract, a separate levy for the supply of services' by the shipping line would be in violation of ... the CGST Act: SC

Other indicators show strengthening revival

The power generation recovered sharply week on week basis as a lull in monsoon rains raised temperatures across the country

Shipping Corporation of India, Great Eastern Shipping, Tolani Shipping, and Essar Shipping are into bulk carriers along with other segment fleets in the domestic market

Freight loading crossed 5 million tonnes on February 28, the ministry said

Workplace visits are rising again

The development comes at a time exports from India have started picking up and merchandise exports turned positive for the first time in the last seven months, growing 5.3 per cent

Bengaluru airport shows positive growth. Delhi and Hyderabad airports handle over 90 per cent of September 2019 volume

It holds out great promise for improving India's logistics and therefore needs to be pushed aggressively

The latest revision retains the 11 delivery terms in the current Incoterms 2010 version. The only change being that Delivery at Terminal is being replaced with Delivery at Place Unloaded

Hostile tanker indices could make debt servicing difficult