LOGISTICS
AIRLINES
Jagson Airlines to buy 3 Bombardiers
THE private sector domestic airline, Jagson Airlines, is to shortly purchase three Canadian 50-seater Bombardier aircraft. The Jagson Chairman, Mr Jagdish P. Gupta, while confirming the move to purchase the aircraft, said on Friday that they ...
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Virgin may take up open sky offer
VIRGIN Atlantic Airways (VAA) plans to make use of the concessions being offered to international airlines during the forthcoming limited open sky offer by the Government. "Virgin will probably take up the offer of the Indian Government. ...
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SHIPPING
Kochi Port congestion: Chamber plea to CM
THE Cochin Chamber of Commerce and Industry has urged the State Chief Minister to intervene in the issues being faced by Kochi Port on account of congestion, saying that the current situation will have severe and adverse backlash on the socio ...
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Maersk may bid for fourth box terminal at JNPT
EVEN while it is in the process of setting up the third container terminal at Jawaharlal Nehru Port, Maersk India Pvt Ltd is exploring the option of participating in the bidding process for the proposed fourth container terminal. "We will be ...
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Congestion at Kochi port hits seafood exports
EXPORTS of seafood from Kerala have come to a near standstill as the heavy congestion of containers at the Kochi port has affected cargo movement, stockpiling marine products worth crores of rupees. Seafood exporters are worried that any ...
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Rising freight rates cheer VLCC operators
IT is champagne time for Indian shipping companies, especially those having presence in the VLCC (Very Large Crude Carrier) segment. Oil companies, who contract these VLCCs for importing crude, meanwhile, have begun counting their losses. ...
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SOFTWARE
FourSoft to acquire Dutch logistics firm
FOURSOFT Ltd, a Hyderabad-based software services provider for the transportation and logistics sector, has signed a stock purchase agreement for acquisition of 100 per cent stock of Cargo Mate, a Netherlands-based software development company ...
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RAILWAYS
ICF annual production likely to touch 1,250 coaches
THE Integral Coach Factory (ICF) is likely to touch an annual production of 1,250 coaches in the next couple of years. This is to meet the demand for coaches due to increasing passenger traffic in the country, said Mr Shivendra Kumar, General ...
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SER spots 3 projects to boost freight traffic
SOUTH Eastern Railway (SER) has identified at least three projects for immediate implementation to boost its freight traffic. These are doubling of the track on the Rajagora-Haldia stretch of the Panskura-Haldia section, laying of a third line ...
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Konkan Rly engages PwC to hawk SkyBus technology
UNDETERRED by an accident that claimed the life of one of its employees, Konkan Railway Corporation is offering to licence the technology to operators who want to implement metro rail transport projects. "We do not envisage for ourselves a ...
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