Business Standard

Transportation

Rail freight loading slowdown continues; November sees 1.4% growth

Data from the core sector up to October reveals a 5.3 per cent increase in electricity generation so far this year

Rail freight loading slowdown continues; November sees 1.4% growth
Updated On : 09 Dec 2024 | 12:57 AM IST

HP govt bans gutkha, liquor ads from state buses, promoting public welfare

HP government to remove gutkha and liquor ads from buses and it will modernise the bus fleet by introducing electric and diesel buses

HP govt bans gutkha, liquor ads from state buses, promoting public welfare
Updated On : 28 Nov 2024 | 5:41 PM IST

Japan plans automated transport to address driver shortage, cut emissions

Japan is planning to build an automated cargo transport corridor between Tokyo and Osaka, dubbed a conveyor belt road by the government, to make up for a shortage of truck drivers. The amount of funding for the project is not yet set. But it's seen as one key way to help the country cope with soaring deliveries. A computer graphics video made by the government shows big, wheeled boxes moving along a three-lane corridor, also called an auto flow road, in the middle of a big highway. A trial system is due to start test runs in 2027 or early 2028, aiming for full operations by the mid-2030s. We need to be innovative with the way we approach roads, said Yuri Endo, a senior deputy director overseeing the effort at the Ministry of Land, Infrastructure, Transport and Tourism. Apart from making up for a shrinking labour force and the need to reduce workloads for drivers, the system also will help cut carbon emissions, she said. The key concept of the auto flow-road is to create dedicated

Japan plans automated transport to address driver shortage, cut emissions
Updated On : 02 Nov 2024 | 11:24 AM IST

MSRTC reports profit of Rs 16 crore in August, first time in 9 years

The Maharashtra State Road Transport Corporation (MSRTC) has for the first time in nine years reported a profit after facing difficulties for the past five to six years, in the process achieving a significant financial turnaround, officials said on Thursday. The state owned MSRTC's recorded a profit of Rs 16.86 crore in August, the said. A total of 20 out of 31 divisions have reported profits, an MSRTC release said, adding the turnaround came about from discontinuing bus services on loss-making routes and diverting them to routes with high passenger demand, which optimized operations. "Additionally, the percentage of non-operational buses has been reduced by half, from 12 per cent to 6 per cent, compared to the previous year. Regular training sessions for drivers and mechanics have also resulted in a 0.52 km increase in diesel efficiency, leading to significant fuel savings. These concerted efforts culminated in the MSRTC reporting a profit of Rs 16.86 crore in August," the release

MSRTC reports profit of Rs 16 crore in August, first time in 9 years
Updated On : 13 Sep 2024 | 7:18 AM IST

Freight rates rise as India-Bangladesh trade gathers pace: Shriram Mobility

The festive season's approach, coupled with increased post-election activities, has significantly driven demand across various transportation routes

Freight rates rise as India-Bangladesh trade gathers pace: Shriram Mobility
Updated On : 05 Sep 2024 | 4:37 PM IST

Substantial subsidies for electric vehicles are no longer required: Gadkari

At the BNEF Summit, Union Minister Nitin Gadkari highlighted the lower GST rates on electric vehicles compared to those on petrol and diesel vehicles

Substantial subsidies for electric vehicles are no longer required: Gadkari
Updated On : 05 Sep 2024 | 4:04 PM IST

Schneider looks to raise India's share in industrial automation biz to 25%

In 2020, Schneider Electric completed the purchase of Larsen & Toubro's switchgear business which was acquired by Schneider Electric in 2020

Schneider looks to raise India's share in industrial automation biz to 25%
Updated On : 01 Sep 2024 | 10:28 PM IST

Indian family offices change startup bets after funding peaked in 2021

Consumer, retail and transportation and logistics technology startups have been the largest beneficiaries

Indian family offices change startup bets after funding peaked in 2021
Updated On : 28 Jun 2024 | 11:29 PM IST

Public procurement order: DPIIT wants 'local content' calculation narrowed

The components include transportation, insurance, installation, profit, commissioning, training, and after-sales support

Public procurement order: DPIIT wants 'local content' calculation narrowed
Updated On : 02 May 2024 | 11:29 PM IST

Qatar Airways Cargo launches advanced animal centre to transport animals

The animal centre will be built on a 5,260 sq m of land, and will have a capacity of 140 dog kennels and 40 cat kennels, and 24 horse stables distributed in four zones

Qatar Airways Cargo launches advanced animal centre to transport animals
Updated On : 02 May 2024 | 12:32 PM IST

Digital infra solutions company iBUS raises $200 mn from govt's NIIF

Firm says it will use the funding to strengthen its market position and expand in new sectors

Digital infra solutions company iBUS raises $200 mn from govt's NIIF
Updated On : 10 Apr 2024 | 11:53 PM IST

Construction of RRTS viaduct in Delhi section to be completed by April-end

The National Capital Region Transport Corporation (NCRTC) on Friday said the construction of the Regional Rapid Transit System viaduct in the Delhi section is likely to be completed by April-end. Track-laying activities, along with electric traction and signalling work, are underway in the New Ashok Nagar-Sahibabad section, officials said here. The Delhi section is anticipated to be completed by the end of this year, paving the way for trial runs between Delhi and Sahibabad, they said. The NCRTC officials said the construction of the RRTS viaduct in the Delhi section was nearing completion. "Less than 500 metres of the viaduct in the Delhi section is now left for construction, which is scheduled for completion by the end of this month. The Delhi section is about 14 kilometres long which consists of about nine kilometres of elevated section and five km of underground section," an official said. Construction of more than eight kilometres of viaduct has already been completed in addi

Construction of RRTS viaduct in Delhi section to be completed by April-end
Updated On : 05 Apr 2024 | 5:52 PM IST

India lags behind in geospatial patents but is scrambling to catch up

Geospatial technology data helps in urban planning, transportation, environment management, agriculture, public health and natural resource management

India lags behind in geospatial patents but is scrambling to catch up
Updated On : 18 Mar 2024 | 12:15 PM IST

Bike taxis get Centre's legal kick-start paving way for new riding option

This move now allows motorcycles to operate legally as contract carriages in India, potentially opening up new transportation options and income opportunities

Bike taxis get Centre's legal kick-start paving way for new riding option
Updated On : 14 Feb 2024 | 10:59 PM IST

NITI Aayog report bats for incentives to promote LNG as transportation fuel

Government think tank NITI Aayog has pitched for providing fiscal and non-fiscal incentives to promote liquified natural gas (LNG) as a transportation fuel in medium and heavy commercial vehicles. In a report titled LNG as a Transportation Fuel in Medium and Heavy Commercial Vehicle', the Aayog said the government's think-tank suggested setting up a demand aggregator company for buying LNG trucks, similar to Energy Efficiency Services (EESL) in the electric vehicle sector. According to the Aayog, India's rapidly expanding trucking market, which is expected to more than quadruple, from 4 million trucks in 2022 to roughly 17 million trucks by 2050, offers immense scope for lowering emissions and encouraging investments for growth. The Aayog suggested that priority lane access, for LNG vehicles can be provided as non-fiscal incentives to promote LNG. "Major cities and roadways need to be recognised, and such priority lane access can be tested first in major cities and roads," it ...

NITI Aayog report bats for incentives to promote LNG as transportation fuel
Updated On : 07 Feb 2024 | 7:08 PM IST

Dense fog in National Capital delays 26 trains, check the full list here

Dense fog continues in the national capital disrupting transportation in the entire northern region. Some of the trains are delayed by 6 hours. Check the full list here

Dense fog in National Capital delays 26 trains, check the full list here
Updated On : 02 Jan 2024 | 10:52 AM IST

Rajeev Prakash appointed as govt nominee director of BEML's board

State-owned BEML on Tuesday said Rajeev Prakash has been appointed as the Government Nominee Director on its board. Prakash will replace Surendra Prasad Yadav, the company said in a filing. "The President of India has appointed Rajeev Prakash as Government Nominee Director (Part Time Official Director) on the Board of Directors of the company in place of Surendra Prasad Yadav," the filing said. Prakash is a 1995 batch, Indian Post & Telecommunication Accounts and Finance Service officer. He has experience in the field of telecommunications and held various important positions at the Centre. He has been working as Joint Secretary (Naval Systems) in the Department of Defence Production, Ministry of Defence, since June last year. Prakash is not related to the directors of the company. Shares of BEML settled 2.09 per cent higher at Rs 2,500.75 apiece on the BSE.

Rajeev Prakash appointed as govt nominee director of BEML's board
Updated On : 12 Dec 2023 | 9:10 PM IST

Railway ministry raises freight rates for transportation of automobiles

Short-distance rates see major rise in modern auto-carrier wagons

Railway ministry raises freight rates for transportation of automobiles
Updated On : 01 Dec 2023 | 11:03 PM IST

Karnataka's Shakti scheme records over 100 cr free rides worth Rs 2397 cr

The transport corporations in Karnataka have offered free services to over 100 crore users in five months. The free tickets are worth over Rs 2,397 crore

Karnataka's Shakti scheme records over 100 cr free rides worth Rs 2397 cr
Updated On : 24 Nov 2023 | 5:04 PM IST

IIT Madras develops app for efficient, easy inter-city goods transportation

Researchers at Indian Institute of Technology (IIT), Madras, have developed a mobile application for easier and efficient transportation of goods within cities, and eliminating the role of middlemen. Called 'OptRoute', the app connects a consumer with a driver sans any commission or on-boarding fee. The payment from the consumer goes directly to the driver, with no intermediaries. The first version of the App has been developed and commercialised through OptRoute Logistics, an IIT Madras-incubated start-up co-founded by N.S. Narayanaswamy, Professor at Department of Computer Science and Engineering, IIT Madras and Anuj Fulia, an IIT Madras alumnus. The basic ideas behind the app were presented during the 2020 Genetic and Evolutionary Computation Conference held in Cancun, Mexico. "OptRoute aims to solve the issues in connectivity between drivers and customers in the goods logistics and transport domain. The main issues faced are unavailability of return load for transporters and ..

IIT Madras develops app for efficient, easy inter-city goods transportation
Updated On : 13 Nov 2023 | 4:23 PM IST