Cargo Movement

Adani Ports up 6% on healthy volume guidance; Motilal reiterates BUY call

Motilal Oswal Financial Services believes that the company is very well placed to continue to outpace industry growth and gain market share.

Indian Railways plans 23 new container terminals to enhance cargo movement

The container terminals will be spread across various states, including five in Maharashtra, four in Tamil Nadu, three in Rajasthan, and two each in Delhi and Haryana

Adani Ports sees 12% growth in June 2024, clocks 37 MMT cargo volume

Adani Ports and Special Economic Zone Ltd (APSEZ) handled its highest-ever monthly cargo volume of 420 MMT in April 2024

Uttar Pradesh govt to invest Rs 45K crore to accelerate cargo movement

These projects encompass bridges and over-bridges across the 75 districts of the state. Of the proposed Rs 45,000 cr, the public works department (PWD) will spend nearly Rs 34,000 cr, or 75 per cent

Indian Embassy in US condoles unfortunate accident at Baltimore bridge

The Indian Embassy in Washington condoled the "unfortunate accident" after a cargo ship lost power and rammed into a major bridge in Baltimore on Tuesday, destroying the span in a matter of seconds and plunging it into the river in a terrifying collapse that could disrupt a vital shipping port for months. Six people were missing. The ship's crew -- all Indian, 22 in total -- issued a mayday call moments before the crash took down the Francis Scott Key Bridge, enabling authorities to limit vehicle traffic on the span, Maryland's governor said. Owners and managers of the Singapore-flagged container ship Dali report that the vessel collided with one of the pillars of the Francis Scott Key Bridge, Baltimore, whilst under pilotage with two pilots onboard, at approximately 01:30 local time on March 26, ship management company Synergy Marine Group said in a statement. "Our heartfelt condolences to all affected by the unfortunate accident at the Francis Scott Key Bridge in Baltimore," the

Denmark's Maersk continues to pause all cargo shipments through the Red Sea

The Houthi group, which controls parts of Yemen after years of war, in November started attacking international ships traversing the Red Sea, saying it was a response to Israel's assault on Gaza

Govt app to allow live tracking of cargo across land, rail, sea & air

Over 700 companies involved in courier, logistics, shipping, and manufacturing have already signed up on the app that will be launched soon by the government

Traffic in Suez Canal remains unaffected after collision of two tankers

The two tankers were separated after the collision

Dec traffic at major ports sails to highest in FY23, rises 10.4 per cent

Twelve major ports handled cargo of 69.5 million tonnes in December, which is highest during current fiscal year

Omega Seiki Mobility to supply over 5K electric cargo 3-wheelers to Porter

Omega Seiki Mobility (OSM) will supply over 5,000 electric cargo three-wheelers to Porter for last-mile delivery under a collaboration with the logistics operator, the company said on Tuesday. The vehicles are to be delivered to Porter by 2023. The logistics firm already has 1,000 EVs in its fleet and it is looking to expand it five times by next year, it said. Consumers across the world, including in India, have been shopping online in much larger numbers than earlier, increasing the demand for green mobility in the last-mile delivery solutions. The collaboration with Porter is aimed at catering to the surging demands in this space, the company said. According to a recent report, India's e-commerce firms are expected to see 28 per cent year-on-year sales growth at USD 11.8 billion during the festive month with a spurt in the fashion category. "We are seeing the last and middle-mile segment for the trucks growing significantly stronger with demand coming in not just from the ...

What is an e-way bill?

Commercial vehicles that transporting goods worth more than Rs 50,000 within a state or between states, need to carry a document called e-way bill. What is this bill and what purpose does it serve?

Plans afoot for speeding up cargo movement on Brahmaputra: Union minister

Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Sunday said plans are afoot for accelerating cargo movement on the Brahmaputra river

Suez canal blockage: Snarl halts $9.6 billion a day worth of ship traffic

So far efforts by tugs and diggers to dislodge the Ever Given -- the 400-meter long vessel that became wedged in the canal on Tuesday -- have failed

Suez Canal blockage is a signal of what's ahead as ships get bigger

The 200,000-ton cargo ship currently lodged in the Suez Canal, bringing 13% of the world's trade to a halt, may be the biggest vessel to get stuck in a major waterway

SpiceJet adds two wide-body aircraft to its cargo fleet for long haul

SpiceJet has added two wide-body planes, a B767 and a A330 model, to its cargo fleet to transport items

Covid-19 pandemic altered air cargo business dynamics: AAICLAS CEO

Domestic freight traffic reduced by 74 percent and international freight traffic by 57 percent for the period April to June, 2020 vis--vis the same period last year

Govt planning e-gate pass facility at major cargo terminals by year-end

E-gate pass facility reduces paperwork, makes entry and exit quicker, and helps in social distancing as it ensures minimum physical contact

Steps SpiceJet took to shift focus from passengers to products in lockdown

It roughly needs around $5 million to convert a Boeing 737 and around $1.5 to convert a Q400 from a passenger aircraft to a cargo aircraft

Covid-19: 5 Air India pilots test positive, had flown cargo planes to China

The pre-flight Covid-19 test is carried out 72 hours before the pilots are rostered for flight duties

IndiGo may expand cargo ops to China, Malaysia to ferry essential goods

Most of these flights have been operated on a "Free-of-Cost" basis to ferry medical equipment and other essentials