The Hindu Business Line : Monday, August 25, 2008

LOGISTICS

OUTLOOK: Global shipping: Drifting into recession?
Is world shipping heading for recession? It is too early to predict anything firmly at this moment but the indications appear ominous. And traditionally, as everyone knows, shipping has been the leading ...

AIRLINES: Air India hopes to save Rs 1,500 cr from cost cutting
Airline estimates loss for the year to be around Rs 4,000 cr. New Delhi, Aug. 24 Air India is working on a multi-pronged cost reduction strategy, which the management hopes will help save about Rs 1,500 crore or 10 per cent of the annual cost ...

SUPPLY CHAIN MANAGEMENT: Xpress Deliveries launches retail couriers
Chennai, Aug. 24 Chennai-based corporate courier company Xpress Deliveries launched its retail courier business unit, Speedmail Deliveries, recently. ...

SHIPPING/PORTS: Coastal shipping: The cost-competitive route
The Indian peninsula has a long coastline of 7,517 km, dotted with 12 major ports and 185 non-major ports, and a vast hinterland. All these factors are ideal for vibrant coastal shipping, but the sector is still in a nascent stage and not ...

RAILWAYS: Dedicated Freight Corridor: Short-listing of vendors begins
Even as Indian Railways tries to tie up finances for the dedicated freight corridor project, the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) has started initial work on the project that includes taking up certain segments ...

SHIPPING/PORTS: Major changes in shipping sector
A lot of changes are now taking place in the country’s shipping sector. Companies which were not in shipping are now entering the business of operating ships and these include both private and public sector players. This is presumably ...

SHIPPING/PORTS: US containers screened at Karachi
US Customs has begun talks with Pakistan on expanding a pilot programme for 100 per cent screening of all US-bound containers at the port of Karachi. The success of similar exercise at the nearby Port of Qasim is believed to have prompted the US ...

SHIPPING/PORTS: Lawsuit over price fixing
Asian shippers threaten lawsuit over price fixing, says a report in the Lloyd’s List. The shippers say they are ready to take the shipping lines to court should operators collectively fix prices in China, where a new antitrust law came into ...

RAILWAYS: Now, bullet-proof locomotives
Perhaps for the first time in the country, the locomotives are being made bullet-proof. The first batch of eight locomotives — in operation in areas served by North Frontier Railway (NFR) — have already been made bullet-proof and the ...

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Markets (Aug 22)

Nifty (at close)	4327.45(+43.60)
US Dollar (Buy/Sell)	43.43/44
Brent crude (a bbl) Rs	5,196
Gold (a gram) Rs	1,115
Silver (a kg) Rs	20,940

Ports

In Focus
Remembering Ramachander

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Other Top Stories
How to make gains from the pains

‘Budget deficit starving pvt sector of resources’

Bond yields stable amid tight liquidity, rising oil prices

Air India hopes to save Rs 1,500 cr from cost cutting

NRIs upbeat on investing in real estate

Looking back
Aug. 17-Aug. 23
Shipping stocks sailing through rough weather

ONGC to reimburse service tax dues to shipping cos

SCI in talks with foreign firms to start new liner services

Hike in haulage hits container train operators in domestic segment