Page 2 - Freight Rates

Subdued demand reduced freight rates for mining, steel in Nov: Crisil

Freight rates for mining, cement, and steel have seen some corrections on-month in November as infrastructure-building activities were subdued, ratings agency Crisil said.

Road freight rates to cool off 10-12% following diesel price cut: IFTRT

The expected fall in truck rentals will be the first in five months

Winners and losers in shipping crisis

Indian exporters complain of increase in freight rates by 300% to 1000% for various destinations and additional charges

Indian exporters allege global shipping companies are forming cartels

Ask govt to regulate them, bat for a larger Indian shipping company

Pick up in economic activities boosts freight rates, CV sales in August

For the first time since Covid outbreak, revenue of the operators is outpacing income and prompting them not only to replace older trucks but also expand fleet

Signals through the fog

Logistical disruptions are pushing apparent demand away from real demand, exacerbating the bull-whip effect

India rice rates at 4-1/2-year low on weak demand, high shipping costs

Top exporter India's 5% broken parboiled variety was quoted at $352 to $356 per tonne this week, down from last week's $354 to $358

Exporters likely to move CCI on 'cartelisation' in shipping industry

Based on estimates of the Directorate General of Shipping, the country has seen a 15 per cent fall in the supply of containers in 2021 for various reasons

Recovery tracker: Power generation flat, mobility shows signs of moderation

Power generation was above the 2019 levels but remained flat on a week-on-week basis

Double whammy for food buyers as freight costs spike amid high grain prices

Rising costs to ship crops globally are adding to concerns about food inflation that are already at decade-highs and hitting cost-sensitive consumers in import-dependent markets

North Central Railway records highest ever growth in freight revenue in Q1

North Central Railway recorded the highest ever growth in loading and collection of freight revenue during the first quarter of the current financial year 2021-22

Railways loads highest ever freight of 114.8 MT in May, earn Rs 11,604 cr

Indian Railways' Freight made the highest ever loading of 114.8 Metric Tonne (MT) for the month of May and earned Rs 11604.94 crores from freight loading, said Ministry of Railways on Tuesday.

Recovery tracker: Mobility, railway indicators hold steady as cases rise

Traffic and emissions are lower in some places than others relative to pre-pandemic days

Southern Rly records Rs 1,167 cr freight earnings in April-October period

Southern Railway on Sunday said it clocked several milestones between the April-October period in handling of freight besides earning revenues of Rs 1,167.57 crore.

Centre may penalise shipping companies for spike in freight rates

Exporters are facing an almost 60% hike in freight cost since July

Exporters feel pinch as sea freight to US and Europe rises by 30-40%

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

Trade groups ask govt to set up shipping regulator to check freight charges

Several trade bodies have urged the Centre to set up a regulator to deal with the rising freight charges, amid the problem of container shortages that exporters are facing

Freight rates on coal supply: CIL asks for discount, Railways says no

The national transporter has indicated that it has no plans to give concession for distances between 701 to 1400 km

Coronavirus: Air freight rates skyrocket amid passenger flight cuts

About half of the air cargo carried worldwide normally flies in the belly of passenger jets rather than in dedicated freighters

Railways asks premium customers for advance payments to boost balance sheet

Around 50 freight customers had a business of Rs 500 crore or above with the railways in the previous calendar year, and hence, they are eligible for the scheme.