Financial Daily from THE HINDU group of publications
Saturday, Jul 16, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Logistics - Shipping


Multi-modal transport — Ministry may amend Act to deter unregistered operators

Our Bureau

Chennai , July 15

THE Shipping Ministry is moving an amendment to the Multi-modal Transport and Goods Act, 1993, to ensure that unregistered multi-modal transport operators (MTOs) will not be allowed to operate, according to Mr D.T. Joseph, Union Shipping Secretary. "We also want to bring in penal provision to deter unregistered operators," he said.

The MTOs need to present their registration and validity to custodians, financial institutions and banks. "We need to liberalise and allow any internationally accepted document to be used along with the multi-modal transport document. We will also amend the Act to ensure that a multi-modal transaction was not getting divided into uni-modal transport segment to avoid the responsibilities under the Act. We want to make the Act applicable to import leg too," Mr Joseph said.

The Ministry is also considering a proposal to introduce a Shipping Trade Practices Bill for transparency among intermediaries, including custom house agents (CHAs) and freight forwarders, he said at a meeting here.

Speaking at the 17th biennial convention of the Federation of Freight Forwarders Associations of India , Mr Joseph said that there are some intermediaries who do not come under any regulation. There is no transparency and there is unproductive transaction for which the trade is charged. Sometimes, the increase is not justified, and the trade does not know why there is an increase. Sometimes, the trade could not understand why so much of additional charges are levied, he said.

"I do hope that we will work to ensure quality, update our technology, introduce transparency and work through consultation and consensus so that the trade and trade intermediaries together flourish and augment their yields," he said.

Mr Joseph advised the CHAs and freight forwarders to realise the changes taking place around them and recognise the customer needs. "Redefine your role from a cargo delivery agent to an e-logistics manager. You are a vital link in the supply chain management. You must upgrade yourselves to meet the demands of e-commerce through e-logistics," he said.

According to Mr Joseph, the Centre is considering putting up a dedicated rail corridor for creating a separate rail network between Delhi and transhipment gateways through double-stack container block trains.

The Japanese Prime Minister has also shown interest in this, he added.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Patel for settting up panel to study IA deal with Airbus


Qatar Airways launches daily Doha-Delhi flight
US Air official to head IndiGO
Environmental watch on Sethusamudram
Port unions threaten nationwide stir
Posco to invest $900 m for port in Orissa
Multi-modal transport — Ministry may amend Act to deter unregistered operators
`Emerging markets have thrown open opportunity for container trade'
Software to regulate pvt buses at Kochi
Safexpress to distribute new Harry Potter book in India
E-ticketing will give fillip to travel industry: Kale Consultants
Expansion to boost Delhi Metro revenues


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line