Logistics

FOR WEB AND PRINT/Upload online after 10 p.m./VOC Port Trust issues termination notice to PSA-Sical Terminals

FOR WEB AND PRINT/Upload online after 10 p.m./VOC Port Trust issues termination notice to PSA-Sical Terminals

Move follows Madras High Court order dismissing petition by the terminal operator

Air India to resume US ops from January 21

Air India to resume US ops from January 21

The airline said Boeing has cleared it to operate in the US on B777

CESL floats tender for procuring more than 5,500 electric buses

CESL floats tender for procuring more than 5,500 electric buses

To be deployed across five major cities, the first tranche is likely to be deployed by July this year. 

Omicron impact: Domestic air traffic nosedives week-on-week in January

Number of daily fliers dropped to 1.92 lakh from 2.88 lakh within a week

Two IndiGo flights avert mid-air collision; DGCA orders probe

The incident reportedly occurred at an altitude of 3,000 feet

Airbus to hire 6,000 globally in 2022

A third of the total recruitment will be allocated to young graduates

Air India suspends some flights to US over 5G deployment

The carrier serves four destinations in the US with Boeing 777s

Omicron impact: Aviation recovery estimates revised downward by ICRA

ICRA moderates its FY2022 recovery estimates to 52% of pre-Covid level as against 62% earlier

Porter announces ESOP liquidation worth $5 million

January 19, 2022 Porter, an on-demand intra-city logistics company, has announced an Employee Stock Ownership Plan (ESOP) monetisation programme wor

DGCA extends ban on international flights till Feb 28

Scheduled international passenger flights to and from India remain suspended since March 2020 amid the Covid-19 pandemic

Covid impact: IATA agents launch e-signature campaign for commission

Travel agents seek restoration of 5% commission amid pandemic-induced losses

Matchlog raise $3 million from Blue Ashva Capital, Rainmatter Climate and Capital-A

The funds will be deployed to develop the tech platform further for AI and machine learning-based pairing of cargo across India

Vikram Dev Dutt appointed as Air India’s new CMD

He will get the rank of Additional Secretary

EaseMyTrip enters into exclusive pact with regional airline Flybig agreement for ticket bookings of regional airline Flybig

Abhishek Law / New Delhi 

Container shortage forces exporters to shift to break bulk

Cargoes like rice, maize, chilly, soya bean meal, jute, cement in bags and steel products are now shipped this way

SCI sale: Ravi Mehrotra’s Foresight Group ‘may not make financial bid’ 

JAN 16

Aviation sector to be impacted by twin headwinds of high ATF prices, Covid third wave

CRISIL report says the loss would be 44 per cent more than it had reported in FY21. 

DCI Chairman Rao “abstains” from voting on AGM resolution for appointing MD & CEO

Rama Mohana Rao is the chairman of the board that “unanimously” approved the appointment of Victor as MD and CEO from 01 March 2021.

Fresh Covid wave may slow down logistics activity pickup

December clocked uptick aided by consumer spending, exports

RailTel seeks business partners for data centres in rural, semi-urban areas

Involves investment opportunity of over ₹500 crore in PPP model

Deendayal Port achieves new milestone in cargo handling in FY22

Deendayal Port becomes the first government port to handle 100 million tonnes cargo

Boeing airliner sales jump but deliveries lag rival Airbus

Boeing said Tuesday that it delivered 340 commercial planes in 2021

Amid pandemic disruptions, Maersk tapped rail to move containers over land

For Indian import and export combined, the rail movement of cargo containers grew by 23 per cent, the Danish company said

Air passenger traffic dip by a lakh in 10 days of 2022

Around 500 flights were off the airs

Automotive Korean EV maker to drive SsangYong out of M&M

A consortium led by Edison Motors agrees to buy debt-ridden firm for $254.65 million

Domestic air passenger traffic up 6% in December: ICRA

The airlines’ capacity deployment for December 2021 at 86,465 departures was 35 per cent more than that in in December 2020 64,002 departures.

Omciron-led curbs across States pose serious threat to domestic air passenger recovery: ICRA

Few States like West Bengal have already announced curbs on flights to and from Delhi and Mumbai

Pristine Logistics front runner to buy Sical Logistics under IBC

Only sectoral player to submit resolution plan

Virgin Australia to cut capacity by 25% as Covid-19 cases rise

Airline cites reduced travel demand and staff being required to isolate as Covid infections spike

Water metro Kochi becomes first city with water metro project

The project envisages an integrated water transport system with 15 identified routes

Bengaluru airport to commission 3 MW rooftop solar plant

‘Hyperloops are cheaper than high-speed trains’

Their size brings down construction cost markedly: Virgin Hyperloop co-founder

Bio fuels is the future of aviation industry, says Ajay Singh

Air fares will go up, says SpiceJet chief

SpiceJet to receive first Boeing Max plane in a few days

Battery-powered trucks can save ₹15/km in fuel costs: Infraprime Logistics

Hyperloop is cheaper than high-speed rail, says IIT-M research

‘Avishkar project’ team hopeful of setting up a 400-metre loop in upcoming campus of the IIT

STMicroelectronics, Aligarh University tie up to develop wireless chargers for EVs

Partners to bring home-grown tech to project, which is part of Imprint-2 initiative

Ashok Leyland, Hindustan Zinc team up with IIT-M to develop Zinc air battery

A worldwide search is under way for a good alternative to Lithium-ion battery