Page 2 - Transport Sector

How India's small truck aggregator industry is accelerating deliveries

The Deloitte study pointed out that in 1991, there was one driver per truck in India, but now at least one in four trucks (27 per cent) lies idle due to lack of drivers

IIMA sets up centre for research in transportation, logistic segment

IIMA said it has recently established a Centre for Transportation and Logistics to facilitate cutting-edge research in the segment

Transporters against e-way bill validity period reduction from Jan 1

Transporters' apex body AIMTC said the move will disrupt the supply chain

Support to bandh successful, transporters incur Rs 2,000 cr loss: AIMTC

All India Motor Transport Congress (AIMTC) represents about 95 lakh truckers and other entities

Transporters threaten to halt North India ops to support farmers' protest

The All India Motor Transport Congress (AIMTC) is the apex body of transporters, representing about 95 lakh truckers and other entities.

Covid-19 impact: As debt piles up, transporters surrender or sell trucks

IFTRT says 30,000 trucks have either been impounded or surrendered

Covid-19 accelerated innovations in transport business: Ola co-founder

Aggarwal said while the initial impact of the pandemic on the industry was hard, it also provided an opportunity for new business models to come up

Ind-Ra maintains negative outlook on transport, energy infra for H2 of FY21

It said toll collections rebound was strong at around 90 per cent of pre-Covid-19 levels in the first 15 days of September 2020, exceeding Ind-Ra's April 2020 expectations

Traders' body urges govt to probe Chinese investments in Indian startups

In a letter to Commerce and Industry Minister Piyush Goyal, CAIT shared a list of 141 prominent Indian startups claiming they have significant Chinese investments

Covid impact: VRL Logistics, India's biggest trucker, to scrap 15% of fleet

The operator of about 5,000 vehicles, including tankers, cranes and buses, has identified some 700 low capacity trucks for possible scrappage

Railways trusts competition; rules out fare regulator for private trains

Railway board chairman VK Yadav had earlier stated that the ministry is considering setting up a regulatory authority in the future

Domestic road transport sector likely to contract by 18-20% in FY21: Icra

40-day nationwide lockdown aggravated the prevailing softness in the Indian economic activity

India's petrol, diesel demand falls again due to high prices, lockdown

India on Friday became the third country in the world to record more than one million cases of the new coronavirus, behind only the United States and Brazil

Best of BS Opinion: A military set free, search for Covid-19 vaccine & more

Here's a selection of Business Standard Opinion pieces for the day

Sell unsold units at 'no-profit-no-loss' to boost liquidity: Nitin Gadkari

The outbreak of coronavirus disease has impacted the real estate sector, which was already reeling from the demand slowdown, the road, transport and highways minister said

Lockdown 2.0: Our targets for project award won't decline, says Gadkari

In an interview to Megha Manchanda, Union Road Transport and Highways Minister Nitin Gadkari says he is optimistic about the sector meeting its project execution target in a time-bound manner

Transporters demand reduction in fuel prices amid Covid-19 lockdown

AIMTC said Covid-19 and the lockdown have hit the transport sector adversely, and exerting acute pressure on the sector.

Idling trucks, staff shortage: Bottlenecks for industries amid lockdown

Close to 3.5 million trucks (along with their drivers and assistants) are off the road - some because of manpower shortage, and some because they are stuck in various parts of the country.

Coronavirus outbreak: A 21-day lockdown may have cost India Rs 8 trillion

The sectors that have been most impacted are transport, hospitality, and real estate

Essential supplies face disruption as Covid-19 cripples road transport

The possibility of harassment by cops and fear of the unknown have forced a large number of truck drivers to abandon vehicles at the transport centres and flee home.