Cargo Movement

Dec traffic at major ports sails to highest in FY23, rises 10.4 per cent

Twelve major ports handled cargo of 69.5 million tonnes in December, which is highest during current fiscal year

Omega Seiki Mobility to supply over 5K electric cargo 3-wheelers to Porter

Omega Seiki Mobility (OSM) will supply over 5,000 electric cargo three-wheelers to Porter for last-mile delivery under a collaboration with the logistics operator, the company said on Tuesday. The vehicles are to be delivered to Porter by 2023. The logistics firm already has 1,000 EVs in its fleet and it is looking to expand it five times by next year, it said. Consumers across the world, including in India, have been shopping online in much larger numbers than earlier, increasing the demand for green mobility in the last-mile delivery solutions. The collaboration with Porter is aimed at catering to the surging demands in this space, the company said. According to a recent report, India's e-commerce firms are expected to see 28 per cent year-on-year sales growth at USD 11.8 billion during the festive month with a spurt in the fashion category. "We are seeing the last and middle-mile segment for the trucks growing significantly stronger with demand coming in not just from the ...

What is an e-way bill?

Commercial vehicles that transporting goods worth more than Rs 50,000 within a state or between states, need to carry a document called e-way bill. What is this bill and what purpose does it serve?

Plans afoot for speeding up cargo movement on Brahmaputra: Union minister

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Sunday said plans are afoot for accelerating cargo movement on the Brahmaputra river

Suez canal blockage: Snarl halts $9.6 billion a day worth of ship traffic

So far efforts by tugs and diggers to dislodge the Ever Given -- the 400-meter long vessel that became wedged in the canal on Tuesday -- have failed

Suez Canal blockage is a signal of what's ahead as ships get bigger

The 200,000-ton cargo ship currently lodged in the Suez Canal, bringing 13% of the world's trade to a halt, may be the biggest vessel to get stuck in a major waterway

SpiceJet adds two wide-body aircraft to its cargo fleet for long haul

SpiceJet has added two wide-body planes, a B767 and a A330 model, to its cargo fleet to transport items

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

Govt planning e-gate pass facility at major cargo terminals by year-end

E-gate pass facility reduces paperwork, makes entry and exit quicker, and helps in social distancing as it ensures minimum physical contact

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

Covid-19: 5 Air India pilots test positive, had flown cargo planes to China

The pre-flight Covid-19 test is carried out 72 hours before the pilots are rostered for flight duties

IndiGo may expand cargo ops to China, Malaysia to ferry essential goods

Most of these flights have been operated on a "Free-of-Cost" basis to ferry medical equipment and other essentials

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

Spicejet launches cargo-on-seat flights to carry essentials amid Covid-19

It is the first such service in India. The plane will complete five rounds today

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

Kolkata Port Trust on track to surpass FY19 cargo throughput: Chairman

In the 2018-19 financial year, KoPT handled 63 million tonne of cargo and 830,000 containers, he said

Improving ease of doing biz: Govt to identify what's slowing cargo movement

The Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue, is carrying out the study

Cargo volume at major ports grows 2% in April-July as sectors slow down

Ports in Karnataka's New Mangalore, Goa's Mormugao, and Tamil Nadu's Chennai and Kamarajar (Ennore) reported cargo shipment decelerating.