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Centre plans INR 1L crore worth road projects
Union minister for road transport Nitin Gadkari said the Centre plans to launch road projects worth INR 1 lakh crore over the next 2 years in the state to provide a robust road infrastructure in Rajasthan. Modi is scheduled to inaugurate 11 projects and lay the foundation stones of six others, in all worth INR 15,000 crore, in Udaipur on August 29. He will dedicate to the nation, highway projects totalling 873 ...
logisticsnews/32438/Centre-plans-INR-1L-crore-worth-road-projects/
 
SCR will run two special trains
South Central Railways (SCR) will run two special trains between Howrah - Secunderabad as detailed below: Train No. 07183 Howrah - Secunderabad Special Train will depart Howrah at 1:30 hours on August 27 and arrive Secunderabad at 09:15 hours on the next day. Train No. 07183 Howrah - Secunderabad Special Train will depart Howrah at 01:05 hours on August 29 and arrive Secunderabad at 04:00 hours on the next day. Hal ...
logisticsnews/32430/SCR-will-run-two-special-trains/
 
GDL announces profit after Tax of INR 12 crore in Q1 FY 2018
Gateway Distriparks Limited (GDL) announced its “Stand-Alone” financial results for Q-1 FY 18. The company has witnessed an increase in PAT at INR 12 cr as compared to 9.7 cr of Q1 FY17. GDL CFS at Krishnapatnam - which commenced operations in March 2017 has achieved positive numbers at the operating level in Q-1. Operations are being stepped up at the recently commissioned Viramgam terminal of ...
logisticsnews/32427/GDL-announces-profit-after-Tax-of-INR-12-crore-in-Q1-FY-2018/
 
Re-export of cotton likely from Kochi port
The Cochin Port Trust is expected to have facilities soon at its special economic zone for re-export of cotton that is imported from different countries and not used in the domestic market. A.V. Ramana, Deputy Chairman of the port, said the Chief Commissioner of Customs was finalising the response for the proposal. The port currently handles cotton imported in containers. But, it did not allow re-export of the cott ...
logisticsnews/32425/Re-export-of-cotton-likely-from-Kochi-port/
 
Railway projects launched in Odisha
Union minister Manoj Sinha today launched several railway projects and flagged off a train in the newly commissioned electrified section between Sambalpur and Jharsuguda in Odisha. The minister of state for communication and railways launched the railway projects through video conferencing from Rail Sadan at Chandrasekharpur here. Sinha laid the foundation of Road Over Bridge (RoB) at Khetarajpur (Sambalpur) and fl ...
logisticsnews/32424/Railway-projects-launched-in-Odisha/
 
SWR and JSW Steel sign MoU for long-term tariff contract
South Western Railway (SWR) and JSW Steel Limited, Toranagallu have signed long-term tariff contract agreement for a period of 3 years by which Railways will retain the existing traffic of JSW Steel Limited, Toranagallu besides encouraging them to load incremental traffic on cumulative basis during the contract period and also strive to divert the traffic from road to rail thereby increase the rail coefficient. K S ...
logisticsnews/32416/SWR-and-JSW-Steel-sign-MoU-for-long-term-tariff-contract/
 
VPT handles 22 mt cargo during first 5 months of FY 2018
M V Krishnababu, Chairman of the port said, Visakhapatnam Port Trust (VPT) has handled 22 million tonnes (mt) of cargo during first five months of the current financial year. Speaking in the port after hoisting the National Flag, he said the port was well on its way to reaching the annual target of 65 mt. The port handled 61.02 mt during the last financial year. The port was measuring up to the challenge from p ...
logisticsnews/32412/VPT-handles-22-mt-cargo-during-first-5-months-of-FY-2018/
 
Oakland handles 209,883 TEU in July, increasing port volume 1.6%
The Port of Oakland handled a total of 209,883 Twenty Foot Equivalent Unit (TEU) in July, up 1,6% year on year, said port authorities. Import cargo volume reached a record 84,835 laden TEU, breaking the previous record of 84,023 TEU set in March 2015, reported American Shipper. Laden exports in July totalled 74,821 TEU, down from 77,573 TEU last year. July import volumes rose 5.4% year on year, with the surge c ...
logisticsnews/32407/Oakland-handles-209%2C883-TEU-in-July%2C-increasing-port-volume-1.6%25/
 
Major Ports profit to rise 40 % this fiscal at INR 7000 crore in FY 2018
Union Shipping Minister Nitin Gadkari recently said Major Ports are witnessing an improvement in efficiencies and he expects up to 40% jump in their profits to INR 7,000 crore this year. He added that "This year, I am hoping we will make a profit of INR 6,000-7,000 crore.” Of this, the Minister said he expects up to INR 2,000 crore from the largest container port, Jawaharlal Nehru Port Trust (JNPT), ...
logisticsnews/32403/Major-Ports-profit-to-rise-40-%25-this-fiscal-at-INR-7000-crore-in-FY-2018/
 
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