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INTERMODAL FREIGHT
Fairfax sells 51% stake in Saurashtra Freight to Japan Co. for Rs 662 croreFairfax India has sold its majority stake in Saurashtra Freight. The buyer is Japan's Kamigumi Co. Ltd. The deal is worth Rs. 662 crore. Fa...- NITI Aayog maps freight shift to boost container cargo by railNITI Aayog plans to boost rail container freight to the hinterland. It seeks a study to address policy issues and improve rail's share in c...
- NITI Aayog invites expression of interest for a study on augmenting rail container freight movement to hinterlandAs per the terms of reference, the study will analyse container freight pricing methodology in Indian railways and assess container pricing...
- The freight industry is in for another bumpy holiday seasonWhile intermodal shipments and imports surged, excess trucking capacity and weak pricing continue to challenge the industry.
- A corridor to power: The project that will speed up India and boost its economyDFCs will help India reduce its high logistics costs from some 13-15 per cent of the GDP and help it move towards the target of 8 per cent ...
- Freight market pendulum swings back toward normalIn the meantime, as per maritime research firm Drewry, global average ocean freight rates for a 40-foot container have jumped for five week...
- How multimodal logistics parks are revolutionising India’s logistics landscapeLogistics parks drive reduction in overall freight cost by enabling freight transportation on higher-sized trucks and rail.
- Blume Global is helping India transform into a logistics powerhouseThe company is also helping introduce sophisticated techniques to the industry.
- Gateway Distriparks Q4 results: Net profit jumps four-fold to Rs 47 crTotal income rose 16.1 per cent to Rs 353.11 crore as against Rs 304.18 crore in the March quarter of fiscal 2019-20.
- Gateway Distriparks' two subsidiaries file amalgamation scheme before NCLTThe merged entity will have four rail-linked inland container depots for the exports-imports business, a domestic rail terminal in Navi Mum...
- Maersk is said to weigh sale of $1 billion cold container unitThe unit has seen high demand for its containers during the coronavirus crisis, with lockdowns clogging global trade routes and upending fl...
- CMA CGM India introduces Python train service on Western Dedicated Freight CorridorThe private rail service will benefit industries in Gurgaon, Manesar, Rewari, Neemrana industrial areas of Haryana and Rajasthan and ensure...
- Freight boom fires Buffett trains, Maersk ships and oil pricesThe recent closing of freight deliveries from France into the U.K. serves as a reminder that things could become even more snarled, but als...
- Trial run of double-stack freight train conducted on Rewari-Madar sectionA trial run of a double-stack freight train on the newly built 306-km-long Rewari-Madar section of the Western Dedicated Freight Corridor (...
- GDL acquires Blackstone stake in GatewayRail for Rs 850 croreGDL has also acquired shares from the management of GatewayRail and with this GDL shareholding in GatewayRail is now 99.93 percent, on a fu...
- JICA extends loan of Rs 6,170 crores for Dedicated Freight Corridor ProjectJapan International Cooperation Agency (JICA) today said it will provide an assistance of Rs 6,170 crore for the Dedicated Freight Corridor...
- Substantial carbon footprint reduction in railways: GovernmentRailways contribute to substantial reduction of carbon footprint than roadways, Lok Sabha was informed today.
- Assocham asks govt to introduce 'freight village' conceptFreight villages are logistic concentration points developed at strategic locations to provide various activities such as warehousing, pack...
- Stone India shares gain 5% on deal with US firmStone India shares rose nearly 5 per cent after the locomotives parts maker said it entered into a pact with US-based RailRunner to introdu...
- India should go top gear to integrate freightingGoods transport is must for trade and business and thus our affluence but it is contributing to air pollution and traffic congestion. 32nd ...
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