LOGISTICS
AIRLINES
Airlines propose hike in fuel surcharge
Increase in aviation turbine fuel price
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SHIPPING
Chennai Customs' revenue mop-up rises 35%
Chennai Customs saw a 35 per cent jump in revenue collection last year — in line with the record handling of cargo at the Chennai port. The record Rs 12,815-crore collection in 2006-07 is a reflection of the buoyancy in trade, observed ...
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`Every one in supply chain must play a role to cut cargo delay'
Customs Dept to provide info on dwell time of each port/airport
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Chennai Container Terminal's tariff hike plans: TAMP says no
The Tariff Authority of Major Ports (TAMP) has declined to give the 11-per cent increase in tariff sought by the Chennai Container Terminal (P) Ltd, which runs the private container terminal at Chennai. The existing rates would continue till ...
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MERGERS & ACQUISITIONS
`AI, Indian merger process will take 2 years'
The formalities for completing the merger of Air India and Indian will take nearly two years, according to Mr V. Thulasidas, Chairman and Managing Director of Air India. He told newspersons here that the legal issues would be gone through by ...
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RAILWAYS
Sical Logistics buying 2 rakes for Rs 25 crore
Sical Logistics intends to buy two rakes shortly, for use in its freight train operations. A rake is a train of 45 flat beds, each of which can hold two standard containers. A rake therefore can transport 90 containers. Each rake will cost a ...
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