Page 3 - Transport Sector

Govt probe panel finds safety flaws behind electric two-wheeler fires

The expert committee has found that the EV manufacturers offered no mechanism to identify overheating of cells and isolate failed battery cells

Uttarakhand CM Dhami suspends RTO for not coming to office on time

Uttarakhand Chief Minister Pushkar Singh Dhami on Wednesday ordered the suspension of a Regional Transport Officer here for failing to reach office on time. Dhami issued the orders for the suspension of Dinesh Chandra Pathoi during a surprise inspection of the Regional Transport Office at Rajpur Road here. During the visit, the chief minister found Pathoi absent along with 80 percent of the staff despite people standing in queue to get their vehicle related issues resolved. He was visibly unhappy to find Pathoi absent from office during duty hours. Dhami had recently issued orders for strict implementation of the biometric system of attendance in government offices to ensure that officials come to office on time. He asked state Transport Secretary Arvind Singh Hyanki, who was accompanying him, to suspend Pathoi with immediate effect and also take stern action against others who were absent from office at 10.30 am. Orders for Pathoi's suspension have already been issued, official

Govt bringing major changes in transport sector for better: V K Singh

The Union government is brining major changes in the transport sector and their effects will soon be visible on the ground, Minister of State for Road Transport and Highways V K Singh said on Saturday

Bumpy road to profitability seen for Shriram Transport amid merger plans

Trucking finance firm's merger plans stoke fears of truck financing dilution

Shriram Transport second quarter profit rises 13% to Rs 771 crore

The non-banking finance company had reported a standalone profit after tax of Rs 684.56 crore in the year-ago quarter

Commerce ministry extends time limit for filing claims under TMA scheme

The commerce ministry on Tuesday extended the time limit for filing claims under the Transport Marketing Assistance (TMA) scheme for specified agricultural products.

Truck rentals on key trunk routes down by further 5-7% in past fortnight

Poor fleet utilisation, lack of return loads weighs on capacity of transporters to repay truck loans, puts question mark on business viability

Truckers demand relief as losses mount to Rs 42,000 cr due to lockdowns

Around 65 per cent of the total truck fleet in the country out of the road owing to lockdown and lockdown-like conditions in most of the states

How India's small truck aggregator industry is accelerating deliveries

The Deloitte study pointed out that in 1991, there was one driver per truck in India, but now at least one in four trucks (27 per cent) lies idle due to lack of drivers

IIMA sets up centre for research in transportation, logistic segment

IIMA said it has recently established a Centre for Transportation and Logistics to facilitate cutting-edge research in the segment

Transporters against e-way bill validity period reduction from Jan 1

Transporters' apex body AIMTC said the move will disrupt the supply chain

Support to bandh successful, transporters incur Rs 2,000 cr loss: AIMTC

All India Motor Transport Congress (AIMTC) represents about 95 lakh truckers and other entities

Transporters threaten to halt North India ops to support farmers' protest

The All India Motor Transport Congress (AIMTC) is the apex body of transporters, representing about 95 lakh truckers and other entities.

Covid-19 impact: As debt piles up, transporters surrender or sell trucks

IFTRT says 30,000 trucks have either been impounded or surrendered

Covid-19 accelerated innovations in transport business: Ola co-founder

Aggarwal said while the initial impact of the pandemic on the industry was hard, it also provided an opportunity for new business models to come up

Ind-Ra maintains negative outlook on transport, energy infra for H2 of FY21

It said toll collections rebound was strong at around 90 per cent of pre-Covid-19 levels in the first 15 days of September 2020, exceeding Ind-Ra's April 2020 expectations

Traders' body urges govt to probe Chinese investments in Indian startups

In a letter to Commerce and Industry Minister Piyush Goyal, CAIT shared a list of 141 prominent Indian startups claiming they have significant Chinese investments

Covid impact: VRL Logistics, India's biggest trucker, to scrap 15% of fleet

The operator of about 5,000 vehicles, including tankers, cranes and buses, has identified some 700 low capacity trucks for possible scrappage

Railways trusts competition; rules out fare regulator for private trains

Railway board chairman VK Yadav had earlier stated that the ministry is considering setting up a regulatory authority in the future

Domestic road transport sector likely to contract by 18-20% in FY21: Icra

40-day nationwide lockdown aggravated the prevailing softness in the Indian economic activity