Hapag-Lloyd ups rates USD 200 TEU from South America to 21 April 2017
Hapag-Lloyd has announced it will increase rates for all cargo from Brazil, Argentina, Uruguay and Paraguay to Canada, the US Mexico, Central America and Caribbean ports.
The increase, USD 200 per Twenty Foot Equivalent Unit (TEU) and USD 300 per FEU will take effect May 15 and apply equally to dry and reefer cargo....
India steel import falls 36% to 7.4 mt in 2016-17 21 April 2017
According to official data, India’s import of total finished steel fell 36% to 7.4 million tonnes (MT) and exports jumped 102% to 8.2 MT in 2016-17.
In terms of production too the country did well, according to Joint Plant Committee’s annual report on the sector for 2016-17.
Export of total finished steel rose 102.1% in April-March 2016-17 to 8.244 MT as aga...
Yogi Adityanath govt. pushes for new airport in NCR 21 April 2017
The Minister of State for Civil Aviation, Jayant Sinha, said today at a press conference here, the BJP Government in UP has approached the Centre seeking technical evaluation for an airport in Jewar.
The State cabinet cleared the propsal for Jewar airport at a late night meeting recently.
Currently, the rules do not allow a new airport to come up within 150 kilometer (k...
Adani Logistics commissions multimodal logistics park i 21 April 2017
Adani Logistics Limited, a subsidiary of Adani Ports and Special Economic Zone Limited (APSEZ) and part of Adani Group, on Thursday said it has commissioned and commenced commercial operations at its multimodal logistics park at Kila Raipur, Ludhiana in Punjab.
The company said here in a statement, the latest terminal was dedicated to the nation by Railway Minister Suresh Prabhu.<...
TM International Logistics gets nod to acquire special 21 April 2017
TM International Logistics Limited has received sanction to procure three rakes of special wagons with a 22.9-tonne axle load under the Special Freight Train Operator (SFTO) scheme.
A rake consists of a set of wagons or coaches.
The scheme was introduced to increase the rail share of non-traditional commodities such as coils, molasses, fly ash, edible oil, caustic soda,...