Business Standard

Letters: Competing with Panama

Related News

This refers to the report “Container rail freight rates set to rise 31 per cent” (November 19). Concor managing director’s statement that rail movements are not competitive below 300 km universally is likely to be belied by China. China is building a 220-km rail line through Columbia — three times the length of the Panama Canal, and connecting the ports of the Atlantic and the Pacific in order to boost its exports to the Americas. It says its success depends “on the cost of transporting per tonne, the cost of investment, and they all work out”. In this regard, thus, our container operators should neither have concerns of margins being hit, nor passing of some of the proposed rate rise to consumers.

S Subramanyan Navi Mumbai

Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number

Read more on:   
|
|

Read More

Letters: Crossing the line

This refers to the report “UBS fined $47.5 million in rogue trading scandal” (November 27). Despite robust internal controls and risk management ...

Advertisements

Quick Links

Financial X-Ray Rss icon

M&M: Weak tractor sales mar Q2 performance

Operating margins down 230 basis points q-o-q on higher employee costs and other expenses

ITC: Pricing gains offset cigarettes volume decline

Analysts expect volume pressure to continue; profit growth likely to be intact

Back to Top