LOGISTICS
AIRLINES
7 pc growth in Indian air cargo seen
The fate of the cargo is still closely linked to passenger traffic since almost 60 to 70 per cent of air cargo is currently carried in the belly of the passenger aircraft.
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INFRASTRUCTURE
Concor plans to double its wagon strength
The orders for 1,450 high-speed wagons have already been placed with various wagon-builders. There is a proposal for acquiring another 550 by the end of December.
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SHIPPING
SCI board approves Rs 300-cr fleet acquisition plan
NOT willing to lose any further time, the Shipping Corporation of India (SCI) has begun to put its act together and steam ahead with its fleet acquisition programme, after the recent Government decision to lift the ban that was imposed on the ...
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`All port facilities must be privatised'
THE domestic port sector has witnessed some significant developments in the last decade, especially after it was opened up for private participation, which saw the entry of global terminal operators and shipping lines. With the Government going ...
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TAMP decision on Kochi port tariff hailed
THE Cochin Chamber of Commerce and Industry has welcomed the decision of the Tariff Authority for Major Ports (TAMP) to reject the Kochi Port's proposal to increase its tariffs by 25 per cent. The Chamber has consistently maintained that any ...
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SCI net income higher
RIDING on the wave of an unprecedented freight market boom and reduction in operational costs, Shipping Corporation of India Ltd (SCI) has posted a 74.79 per cent rise in net profit in the third quarter of the current fiscal to touch the Rs ...
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Row over iron ore handling at Kakinada port
THE handling of iron ore at the deepwater port here has kicked up a controversy, with the old anchorage port workers, hailing from the fishermen community, opposing it on the ground that ore must not be handled at the new port, as it is ...
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ROADWAYS
Call taxi service in twin cities
HARSHA Travels has started call taxi services in the twin cities. "We have a fleet of 35 Maruti vans, 10 Scorpios, two Sonata Gold cars and one Mercedes Benz," a company representative said. The Chief Minister, Mr N. Chandrababu Naidu, today ...
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