Amazon sets sights on launching air cargo services in C 20 March 2017
Amazon Logistics is targeting China-based sellers, who offer products through Amazon or other businesses, as potential customers for its international air freight offering.
"We currently are developing (air freight) service, and plan to quickly introduce it to a large number of our sellers," Amazon Logistics' website said.
The company already offers one-st...
Ashok Leyland plans to set up a facility in Jharkhand 20 March 2017
Ashok Leyland Limited (ALL) is planning to set up a new facility in Jharkhand.
This will be the first investment from a major automobile company in the state, which has identified the sector as one of the key drivers to make it one of the industrial hubs in the country.
The government and company did not comment about investment. Sources said the company may look at an ...
VOC Port handles record cargo traffic of 37 mt 20 March 2017
V O Chidambaranar Port (VOC) has handled record cargo traffic of 36.91 million tonnes (MT) so far, registering a growth of 4.77% over the same period last fiscal.
Ministry of Shipping said in a statement, "The port has handled a record traffic of 36.91 mt till March 17, 2017, with an impressive cargo growth at 4.77% as compared with the same period of last financial year.&rdq...
GE Shipping adds Suezmax Tanker 20 March 2017
Great Eastern Shipping Company (G E Shipping) has taken delivery of Jag Leena, a secondhand Suezmax crude carrier.
In December 2016, the company inked contracts with Panama-based Bretta Tanker Holdings to buy two vessels including Jag Leena. According to data provided by VesselsValue, Jag Leena, previously known as Eugenie, was purchased for USD 36.4 million.
Railways aims to save up to INR 400 cr annually 20 March 2017
The Railways aims to cut down its water bill and save up to INR 400 crore annually with a roadmap for buying recycled water from private players.
With the dual aim of conserving the precious resource and reducing its consumption, the Railways will unveil its water policy, a first for the national transporter, for extensive use of treated water from water treatment plants for non-d...
Truckers threaten to go on strike from April 20 20 March 2017
According to SK Mittal, President, All India Motor Transport Congress (AIMTC), the apex body representing the truck industry, Over 90 lakh trucks across the country will stop plying indefinitely from April 20 if the government fails to meet various demands of truckers’ by March 30.
Truckers want the proposed third-party insurance premium hike by Insurance Regulatory and Deve...