Freight rates for the ten metrictonne load section for Ahmedabad and Mumbai fell by Rs 500in the local truck transport markets today on restrictedcargo movements against easy availability of trucks.Transporters said restricted cargo movements againsteasy availability of trucks led to decline in Ahmedabad andMumbai freight rates.Freight rates from Delhi to Ahmedabad and Mumbaiwas enquired lower by Rs...
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A major partner in the Indian Railways’ Rs 60,000 crore dedicated freight corridor project, Japan said it would like the project implemented at the earliest. Japanese Prime Minister Yukio Hatoyama said the building of exclusive rail lines for freight carriers along with dedicated industrial corridor should take shape fast.“The prime minister underscored the importance of an early finalisation of major...
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Government of Japan has committed an amount of 2,606 million yen for the Engineering Services Loan under Dedicated Freight Corridor Project (Phase-I).The objective of the project is to cope with the increase of freight transport demand in India by constructing new dedicated freight railway system, thereby promoting comprehensive regional economic development along the freight corridor, through improvement...
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Government of Japan has committed an amount of 2,606 million yen for the Engineering Services Loan under Dedicated Freight Corridor Project (Phase-I).The objective of the project is to cope with the increase of freight transport demand in India by constructing new dedicated freight railway system, thereby promoting comprehensive regional economic development along the freight corridor, through improvement...
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Government of Japan has committed an amount of Yen 2,606 million (Rs.130 crores at current exchange rate) for the Engineering Services Loan under Dedicated Freight Corridor Project (Phase-I).The objective of the project is to cope with the increase of freight transport demand in India by constructing new dedicated freight railway system, thereby promoting comprehensive regional economic development...
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Government of Japan has committed an amount of 2,606 million yen for the Engineering Services Loan under Dedicated Freight Corridor Project (Phase-I).The objective of the project is to cope with the increase of freight transport demand in India by constructing new dedicated freight railway system, thereby promoting comprehensive regional economic development along the freight corridor, through improvement...
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Railways have carried 501.28 million tonnes (MT) of revenue earning freight during April-October 2009. The freight carried shows an increase of 33.31 MT over the freight traffic of 467.97 MT actually carried during the corresponding period last year, registering an increase of 7.12 per cent. According to an official release issued here today, during the month of October 2009, the revenue earning freight...
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Soft Limited today announced its flagship product, 4S eTrans, has successfully gone live at multiple locations of Writer Logistics, one of the major freight forwarding companies in India.Writer Logistics provides end-to-end logistics solutions for its clients across the globe and comprehensive freight forwarding solutions to a cross section of corporates across India and is the business division of...
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Transport Corporation of India Limited (TCIL), Indias leading integrated logistics solutions provider, in association with IIM-Calcutta, today unveiled a study report on Operational Efficiency of National Highways for Freight Transportation in India. The report was unveiled by Mr. Brahm Dutt, Secretary, Ministry of Road Transport and Highways, in the presence of Mr. D.P. Agarwal, VCMD, TCI, Mr. Vineet...
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Railways have whipped up a nine per cent rise in revenue from freight traffic, generating Rupees 32,216.25 crore during April-October this year, against Rupees 29,555.92 crore in the corresponding period last year.There was also a 7.12 per cent increase in commodity-wise freight traffic this year during April-October as Railways carried 501.28 million tonnes as compared to 467.97 million tonnes carried...
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