Business Daily from THE HINDU group of publications
Monday, February 26, 2007
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LOGISTICS

ACCIDENTS
Dredger hits Venduruthy Bridge
Curbs on rail, vehicular traffic; panel to assess damage More

Retro-fitting
LIFEBUOYS BEING FITTED on a private boat operating in Kochi backwater on Sunday. The State Government has ordered strict adherence to safety norms by such boats following the recent boat mishap in which 15 school children and three teachers ... More

AIRLINES
IOC pumping up fuelling infrastructure at airports
More

SHIPPING
Port Louis Harbour charts expansion course
The Mauritius Ports Authority (MPA) has embarked on a massive expansion initiative. The plan envisages turning the island-nation into a `Regional Hub' in the next 5-10 years and tap a sizeable portion of the growing sea trade. Given the ... More

Shippers' council re-starts voyage
If the report doing the rounds is any indication, the All India Shippers Council (AISC), the apex body of the various regional shippers' associations, is set to come back into action after being all but dormant for nearly 20 years. The credit ... More

Gangavaram port to be ready next year
Trial runs planned for December More

Pakistan, China sign MoU
Pakistan and China recently entered into a Memorandum of Understanding (MoU) allowing a joint venture company Pak China Sost Dry Port Trust to manage and operate Sost dry port located in Pakistan-occupied Kashmir. The MoU was signed by the ... More

MERGERS & ACQUISITIONS
Air India, Indian propose to revalue assets
`The value of the airlines assets that have been built over the years shows a very depreciated value in their respective balance sheets.' Consultant to be appointed to get a realistic figure More

SUPPLY CHAIN MANAGEMENT
Australia commits $1.6 m for logistics
The Australian Government has committed $1.6 million to the country's freight and logistics sector over the next four years. This was announced by Australia's acting Prime Minister, who is also the Minister for Transport & Regional Services, ... More

Globe Express opens 4 new offices
Globe Express Services, an international third-party logistics service provider, has opened four new offices in Tuticorin, Kochi, Tirupur and Coimbatore as part of its drive to expand its network in Asia. It plans to open two more offices, in ... More

RAILWAYS
Uncertainty on Panskura-Haldia line
The doubling of the Panskura-Haldia railway line faces an uncertain future due to what the Railways calls an "honest disagreement between the Railways and the authorities of the Haldia dock over the traffic potential." The cargo inducement, ... More

ROADWAYS
Heavy-axle-load truck sales rev up
This information may be significant, especially for the Railways, which earns a large portion of its revenues by moving bulk commodities on long-distance routes. Demand for moving bulk goods on trucks appears to have gone up, given that truck ... More

Use road users' money to enhance safety
Investment in road infrastructure in India is massive. It is upwards of $40 billion and, from a socio-economic point of view, this is a very desirable investment, says Mr Amrit Pandurangi, leader Infrastructure Practice, PricewaterhouseCoopers. ... More

OUTLOOK
Hikes unlikely in Railway budget
Lalu unlikely to hike current freight, passenger fares More






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