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Railways freight customers may get fixed rate contracts
Transporting goods by train may soon get cheaper as the railways ministry is looking to launch special freight schemes with attractive long-term contracts for its customers as well as discounts on incremental freight loading. Official said that Several other usage charges will be waived for key customers as part of the plan. “All costumers transporting through railways will get a price predictability that ...
logisticsnews/31686/Railways-freight-customers-may-get-fixed-rate-contracts/
 
Bahri signs contract to provide Logistics services to SAR
Bahri signed a contract with Saudi Rail Company (SAR), for the provision of transportation and shipping services from around the world as well as customs clearance support through Bahri Logistics, one of the six business units of Bahri. The agreement was signed by Khalid Abdulrahman Abanami, CFO and Designate EVP – Common Services, SAR, and Ahmed Mohammed Al-Ghaith, President of Bahri Logistics, in the presen ...
logisticsnews/31685/Bahri-signs-contract-to-provide-Logistics-services-to-SAR/
 
Korean Air posts 2016 net loss of USD 485.9 million
Korean Air Lines Co. achieved a smaller net loss in 2016 at KRW556.8 billion (USD 485.9 million), compared to 2015's net loss of KRW562.97 billion, owing to a slight increase in sales. The company stated in a regulatory filing that sales rose 1.6% year on year to KRW11.73 trillion, while operating profit soared by 26.9% to KRW1.12 trillion. The company said that "Despite a rise in sales and improved op ...
logisticsnews/31677/Korean-Air-posts-2016-net-loss-of-USD-485.9-million/
 
Airbus signs MoU for setting up centre of excellence in Hyderabad
Airbus today signed a Memorandum of Understanding (MoU) for establishing a Centre of Excellence for aerospace skill development in Hyderabad, together with the Telangana government, National Skill Development Corporation India and AEROCAMPUS France. The Centre, which will come up at Begumpet Airport, will train candidates ranging from high school graduates to experienced aviation personnel on aircraft manufacturing ...
logisticsnews/31675/Airbus-signs-MoU-for-setting-up-centre-of-excellence-in-Hyderabad/
 
Ateli-Phulera rail link to be operational next year
The Ateli (near Rewari in Uttar Pradesh) – Phulera (near Jaipur in Rajasthan) link of western rail freight corridor, being implemented by L&T-Sojitz consortium, is expected to start commercial operations by March 2018. The corridor of about 190 kilometer (km) of routes and 380 km of tracks, is expected to smoothen container traffic movement to ports on the west coast, DS Rana, Director-Infrastructure, Ded ...
logisticsnews/31668/Ateli-Phulera-rail-link-to-be-operational-next-year/
 
1st Logistics Park to come up at Nagpur
The first Logistics park to be set up by the Road Ministry and National Highway Authority of India (NHAI) as part of the Union Budget announcement a few days ago will come up at the home constituency of the Union Transport Minister Shri Nitin Gadkari. Centre is drawing up a proposal to set up Warehousing zones on the outskirts of major cities through public private partnership while the NHAI has been entrusted with ...
logisticsnews/31658/1st-Logistics-Park-to-come-up-at-Nagpur/
 
Ashok Leyland eyes one-third share of ICV market in 2 years
Ashok Leyland Limited (ALL) is eyeing a one-third share of the intermediate commercial vehicles (ICV) market in the country within the next couple of years. ALL, which is already in the process of expanding its international footprint through establishing manufacturing assembly sites, is also targeting one-third of its total volumes coming from foreign shores in the next five years. The company has recently lau ...
logisticsnews/31654/Ashok-Leyland-eyes-one-third-share-of-ICV-market-in-2-years/
 
Concor focusing on building multi-modal logistics parks near ports
According to Chairman V. Kalyanarama, the Container Corporation of India (Concor) is mainly focusing on building multi-modal logistics parks (MMLP) in the vicinity of ports and in the hinterland to bring down logistics costs and to promote containerisation. He was here on Saturday to participate in the East Coast Maritime Business Summit organised by the Hyderabad-based magazine Maritime Gateway. "The Visa ...
logisticsnews/31652/Concor-focusing-on-building-multi-modal-logistics-parks-near-ports/
 
Longest container vessel berths at Haldia International Container Terminal, Haldia Dock Complex
M.V. SSL Visakhapatnam, a coastal container vessel under the agency of Shreyas Shipping & Logistics Private Limited, berthed at Haldia International Container Terminal of Haldia Dock Complex at 23:45 hours on February 6, 2017. The 193.03-metre vessel is the longest container carrier ever to call at HDC, said a release. It discharged 417 TEUs and loaded 530 Twenty Foot Equivalent Unit (TEU). On the occasion, ...
logisticsnews/31647/Longest-container-vessel-berths-at-Haldia-International-Container-Terminal%2C-Haldia-Dock-Complex/
 
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