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FREIGHT CHARGES TRANSPARENCY
Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily lifeFuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil ...
Ports listing concessions for stranded containers on websiteIndian ports are now displaying stranded cargo eligible for concessions on their websites. This move aims for transparency and ensures expo...
Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
West Asia crisis is not a profiteering opportunity: Shipping Minister Sarbananda SonowalMinister Sarbananda Sonowal stated the West Asia crisis must not be exploited for profit. He directed transparency in shipping charges and ...
DG Shipping orders ports to pass export concessions upfront, flags war-risk chargesIndia's Directorate General of Shipping is ensuring exporters with stranded Gulf-bound cargo receive immediate concessions. Ports must pass...
DGS asks port authorities, terminal operators to immediately pass on concessions to exportersThe Directorate General of Shipping has ordered port authorities and terminal operators to directly pass on concessions to exporters. This ...
DG Shipping directs ports to immediately give concessions to exportersThe Directorate General of Shipping has mandated ports to directly pass on concessions to exporters for Gulf-bound stranded cargo, eliminat...
Exporters, freight forwarders seek government help as war surcharges on cargo surgeAmid escalating geopolitical tensions, Indian exporters and freight forwarders are appealing for government support. Shipping lines worldwi...
Shipping lines cite higher costs beyond their control for surchargesShipping lines state freight rates are already at a multi-year low. Port operators express concern over proposals for extended free storage...
Dedicated freight corridor to bring down charges by 50 per centThe haulage charges on Dedicated Freight Corridor Corporation of India Ltd network will be 50 per cent lower compared to the freight tariff...
Cogoport-CMA CGM partnership to extend risk-coverage to merchants during transitCogoport uses cutting-edge technology to make the most cost-effective match between exporters and importers on one hand and ocean and air f...
Railways to allow corporates to run own freight trains, move may pave way for private passenger trainsIndian Railways is slowly moving to bring in more private investment in the areas which are of high traction for private companies.
Railways to join billion-dollar cargo club soon: Suresh PrabhuRailways is targetting to carry 1.2 billion tonne of cargo this year and will be join the billion-dollar cargo club soon, which has only fi...
Fertiliser output likely to set new record at 25.5 MT in FY17The urea output had reached a record 24.5 MT last year. India imports 7-8 MT of urea to meet the local requirement of about 32 MT.
Rail Budget 2013: Iron ore export ban hits Railways freight earningsAfter coal, iron ore is the second biggest contributor in Railways' freight earnings. While coal accounts for over 40 per cent of its total...
Cargo firms like FedEx, Gati and Blue Dart allege local airlines fix fuel prices"All domestic airlines have been increase the fuel surcharge by the same amount at more or less the same time," said Vijay Kumar, COO, EICI.
- Only way to grow Railways is to split it
Indian Railways’ vision document for the next decade envisages a cumulative investment of Rs 13.87 lakh crore by 2020 to achieve an annual ...
- CCI asked to probe wave of shipping tariff hikes
Flooded with complaints from exporters about high tariffs, the commerce department has asked the CCI to investigate the cartelisation by sh...
- Ship service regulator likely
The government is considering establishing a regulator for the shipping industry to check the arbitrariness in shipping charges.
We want to reflect true market forces of supply and demandETSL talks to John Lu of the Singapore National Shippers’ Council, chairman of the Asian Shippers’ Council.