Page 8 - Cargo Industry

International air travel remains grounded, cargo demand faltering: AAPA

Widespread travel restrictions almost completely suppressed international air travel in Asia during the second quarter of 2020, preliminary June traffic figures released by the AAPA showed

What pulled down India's GDP growth in Q4? Most indicators contracted

Barring coal production, and to an extent cargo handled at sea ports, most of the main indicators that went into calculation of GDP growth contracted in the fourth quarter

Make in India: Govt invites global vessel owners to register ships in India

Shipping Minister Mansukh Mandaviya has reviewed the readiness of Indian shipping for implementation of the government's Cargo Transportation Policy, the statement said

Steps SpiceJet took to shift focus from passengers to products in lockdown

It roughly needs around $5 million to convert a Boeing 737 and around $1.5 to convert a Q400 from a passenger aircraft to a cargo aircraft

Shortage of workers in clearing cargo clogs airports, ports, railways

If lockdown continues, cargo movement is expected to drop another 10-15%

India ports at sea: Cargo handling sinks as coronavirus scuttles economies

Cargo handling at major ports grew 2.8% in FY19, but it grew just 1.4% in FY20 till February end

Railway deal, coronavirus' disruption of global trade to weigh on Concor

While valuations are attractive, disruption will keep volumes muted

Covid-19: Govt reduces penalty on uncleared airport cargo by half

However, customs dept feels move will only discourage importers and brokers from lifting their consignments and cause further congestion of ports

Special, cargo flights dot Indian airspace in times of coronavirus lockdown

In the last few days, at least half-a-dozen special flights have been operated by carriers from various countries, including Japan and Russia, from the Indira Gandhi International Airport (IGIA) here.

India will require 1,880 passenger, cargo aircraft by 2038: Airbus

Airbus has assumed the Indian middle-class population will grow to 1 billion or 68% of the total population by 2038, as compared to the present 540 million

Letter to BS: Why Indian Railways privatisation should not be hasty

The Rakesh Mohan Committee Report of 2002 must be salvaged from railway godowns and action must be taken to corporatise Indian Railways.

Cargo volume at 12 major ports marginally up at 524 MT in April-December

The ports had handled 518.93 MT of cargo during the corresponding period of the last financial year

Cargo volume of top 12 ports marginally up at 463MT during Apr-Nov: Report

The 12 ports had handled 26.07 MT of iron ore and 70.79 MT of coal during the April-November period of the previous fiscal

Kolkata Port Trust on track to surpass FY19 cargo throughput: Chairman

In the 2018-19 financial year, KoPT handled 63 million tonne of cargo and 830,000 containers, he said

Letter to BS: Delhi airport's 'blink green' making trade more competitive

Our hopes to join the top 50 club in terms of ease of doing business should get a leg up with all this

Cargo handled by major ports in Apr-Oct almost unchanged at 405 mt: IPA

Ports -Deendayal, Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar, V.O. Chidambaranar, Visakhapatnam, Paradip and Kolkata-- saw only 0.44% growth in cargo handled during the period

Cargo industry must grow at 12.9% annually to meet aviation target: Report

The study suggested introducing a separate comprehensive air cargo policy to reduce bottlenecks in freight movement