LOGISTICS
AIRLINES
Low-cost airline, Indian ishtyle
Air India's proposed low-cost, no-frills airline will make air-travel more affordable, especially for those looking for budget travel to the Gulf and South-East Asia. They will also be able to catch a flight from a city close to where they stay.
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SHIPPING
Chennai port backlog likely to be cleared in a week
WITH normal operations resuming at the container terminal in Chennai port, it is likely to take at least a week to clear the backlog caused by the nearly fortnight-long strike by non-management workers of Chennai Container Terminal Ltd. The ...
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Multi-modal Transportation of Goods Act 1993 Law set for sweeping changes
Indian corporates are increasingly switching to multi-modal transportation systems for cost-effective movement of both raw material and finished goods, often outsourcing logistics requirements to third party service providers. It is thus fitting that the Directorate-General of Shipping plans to amend the Multi-modal Transportation of Goods Act with the objective of streamlining such operations.
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Unctad study on multimodal transport New international legal framework sought
Unctad recently conducted a study on the need for a new international legal framework governing various aspects of multi-modal transportation. The views of several governments and inter-governmental and non-governmental organisations, including all r elevant industry associations, on this issue were reported in the Unctad Review of Maritime Transport 2003.
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As strike ends at Chennai Container Terminal... Port users, trade want long-term solution
BOXED in. That is how users of the container terminal inside the Chennai port must have felt for almost a fortnight as workers at the terminal were on strike. Even as the trade heaves a sigh of relief as normal ...
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RAILWAYS
Railways flags off e-procurement system
WITH an annual purchase Budget of about Rs 12,000 crore and another Rs 10,000 crore expenditure on planned works, the Railways has decided to take advantage of IT by launching a pilot project on e-procurement. The Ministry of Railways has ...
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ROADWAYS
Roadblocks to Indo-Bangla trade
COME June 26 and the flow of trade by land route between India and Bangladesh is going to be hit. The Federation of Truck Operators Association, West Bengal, has given the call for strike from that date to protest ...
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