Page 3 - Cargo Industry

How logistics tech became an unexpected gainer in the Covid economy

Start-ups in this space have made strides in modernising logistics with real-time tracking of cargo, algorithm-based route optimisation and big data in addresses

Blue Dart gains as economy reopens, demand from e-commerce segment grows

The unlock process and premium pricing have helped improve operational performance

SpiceJet handles 10,000 cargo flights since lockdown in late March

During the coronavirus-induced lockdown the government permitted operations of only cargo and special flights

International air cargo handled during Oct 90% of its year-ago level: Puri

International air cargo handled in India during October was 90 per cent of its year-ago level, Civil Aviation Minister Hardeep Singh Puri said on Friday. "With our skies & airports busy facilitating more than 1.81 crore domestic passengers since May 25, 2020, another area which witnessed robust activity & growth is air cargo," he said on Twitter. India had resumed scheduled domestic passenger services from May 25 after a gap of two months due to coronavirus-induced lockdown. Scheduled international passenger flights continue to remain suspended in India since March 23. However, air cargo operations - national and international - have not been suspended this year. The air cargo data across the country has shown multiple green shoots, Puri said. Air cargo at Indian airports has increased from 1.55 million metric tonnes (MMT) in 2006-07 to 3.56 MMT in 2018-19. It faced a minor dip to 3.33 MMT during 2019-20 as a result of global downturn due to COVID-19, he said. "India's ...

Air cargo biz seen recovering as exports rise, freight services increase

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

Major Port cargo volumes inch towards pre-Covid level amid ongoing pandemic

Private ports too strengthening contribution to cargo volume increase

SpiceJet starts cargo service in North East, strengthens supply chain

The service will carry both perishable and general cargo to 44 international destinations of the SpiceJet network, Singh said through video link from New Delhi

Cargo figures for few months cannot say Adani has overtaken JNPT: Sethi

We will revisit all the processes and facilities and the entire analysis will be done with a different lens hereon, said JNPT chairman

Covid-19 pandemic altered air cargo business dynamics: AAICLAS CEO

Domestic freight traffic reduced by 74 percent and international freight traffic by 57 percent for the period April to June, 2020 vis--vis the same period last year

Cargo handling at major ports dips 18% to 193 MT in April-July due to Covid

Cargo volumes at these 12 major ports under the control of the Centre declined for the fourth straight month in July 2020 and all ports barring Mormugao saw a negative growth

International air travel remains grounded, cargo demand faltering: AAPA

Widespread travel restrictions almost completely suppressed international air travel in Asia during the second quarter of 2020, preliminary June traffic figures released by the AAPA showed

What pulled down India's GDP growth in Q4? Most indicators contracted

Barring coal production, and to an extent cargo handled at sea ports, most of the main indicators that went into calculation of GDP growth contracted in the fourth quarter

Make in India: Govt invites global vessel owners to register ships in India

Shipping Minister Mansukh Mandaviya has reviewed the readiness of Indian shipping for implementation of the government's Cargo Transportation Policy, the statement said

Steps SpiceJet took to shift focus from passengers to products in lockdown

It roughly needs around $5 million to convert a Boeing 737 and around $1.5 to convert a Q400 from a passenger aircraft to a cargo aircraft

Shortage of workers in clearing cargo clogs airports, ports, railways

If lockdown continues, cargo movement is expected to drop another 10-15%

India ports at sea: Cargo handling sinks as coronavirus scuttles economies

Cargo handling at major ports grew 2.8% in FY19, but it grew just 1.4% in FY20 till February end

Railway deal, coronavirus' disruption of global trade to weigh on Concor

While valuations are attractive, disruption will keep volumes muted

Covid-19: Govt reduces penalty on uncleared airport cargo by half

However, customs dept feels move will only discourage importers and brokers from lifting their consignments and cause further congestion of ports

Special, cargo flights dot Indian airspace in times of coronavirus lockdown

In the last few days, at least half-a-dozen special flights have been operated by carriers from various countries, including Japan and Russia, from the Indira Gandhi International Airport (IGIA) here.

India will require 1,880 passenger, cargo aircraft by 2038: Airbus

Airbus has assumed the Indian middle-class population will grow to 1 billion or 68% of the total population by 2038, as compared to the present 540 million