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P. Manoj 11:25 PM | November 12,2009
The increase in trade to Europe has led many carriers to seek higher rates between $100 and $200 for a 20ft container from November
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P.R. Sanjai 12:30 AM | November 07,2009
The takeover of ECU, which had five times the acquirer’s revenue in 2006, for 23 million euros, made Allcargo the world’s No. 2 LCL firm, after OTS Logistics Group of the US
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P. Manoj and P.R. Sanjai 09:41 PM | October 22,2009
Varun Shipping’s move shows that fleet owners are willing to adapt to rules framed by maritime nations to do business as ship earnings globally remain depressed in all segments of the trade
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P. Manoj 10:22 PM | October 12,2009
“From September, container ships calling at Kolkata/Haldia are facing delays due to depth restrictions and lack of space to store containers,” said an executive at Shipping Corp. of India
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P. Manoj 10:41 PM | October 11,2009
The cargo volumes handled by the 12 ports in the first six months of the current fiscal year were some 6% below the target of 285 mt set by the shipping ministry
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PTI 05:11 PM | September 23,2009
The company is confident that the vehicle is going to be ‘realignment of categories’ in the small commercial vehicle segment
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Sui-Lee Wee / Reuters 12:30 PM | September 09,2009
Boeing’s regional director says air cargo growth typically leads economic and passenger traffic growth by 3-6 months
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P.R. Sanjai and Satish John 10:55 PM | August 17,2009
The value of India’s export and import trade is pegged at at least $400 billion (Rs19.5 trillion), while the transportation component is as much as $40 billion
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P.R. Sanjai 01:15 AM | August 17,2009
Banks are now insisting that shipowners must bring in more equity when it comes to vessel acquisition
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PTI 10:26 AM | August 12,2009
Improvement in the international trade situation and higher operational days with respect to cargo movement due to weak monsoon are said to be the main reason driving the growth
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P. Manoj 09:55 PM | August 07,2009
Though the Centrally owned ports were working at full capacity, recession was a constraint last fiscal
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Reuters 03:46 PM | July 30,2009
IATA has estimated airlines will lose $9 billion in 2009 after shedding $8.5 billion in 2008
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Reuters 03:04 PM | July 30,2009
The combination of the global economic downturn, the outbreak of H1N1 influenza and fuel hedging resulted in a loss of S$307.1 million ($212.7 million) for its first quarter ended June 2009
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P. Manoj 12:42 AM | July 17,2009
Private players have invested in buying rakes and developing cargo terminals, but the economic slowdown has put the brakes on their plans
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All Above Board | P Manoj 10:32 PM | July 09,2009
The service tax comes at a time when more logistics firms are entering coastal shipping to move cargo containers rather than rely on other shipping firms to do this
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