IATA includes 11 new locations for e-freight implementation

Surge in Hong Kong International Airport cargo volume

Big Bazaar, Globus and Benetton to make huge investments for new outlets

4

New Globe handles Aston Martin racing car for Bandra-Worli Sealink event

5

India-Pakistan agree to operate more freight trains

6

Maersk and Emirates enhance West Coast-India service

7

Survey finds better time ahead

With CargoTalk you are well-connected  

IATA includes 11 new locations for e-freight implementation

The International Air Transport Association (IATA) announced that 11 new locations had been identified as ready for e-freight. These are: USA, Dubai, Luxembourg, France, Spain, Australia, New Zealand, Switzerland, Iceland, Denmark and Norway.
 
Since 2007, e-freight has been operational in six locations: Canada, Sweden, UK, Hong Kong, Singapore and the Netherlands. A further three—Germany, Mauritius and South Korea have launched projects to go live within 2008. Five of the 11 new locations will be selected to launch e-freight in 2008 with the remaining targeted for launch in 2009.

For more details Email us
Top                                                                                                          

Surge in Hong Kong International Airport cargo volume

Hong Kong International Airport is maintaining its sterling performance in its cargo volume. According to available statistics for April 2008, the airport handled 320,000 tonnes of cargo, up 7.3 per cent compared to the same month a year ago. Quoting Stanley Hui, Chief Executive, Hong Kong Airport Authority, sources said that a substantial growth was recorded in transshipment volumes in April 2008, and those to and from North America and Mainland China were the strongest.

For more details Email us
Top                                                

Big Bazaar, Globus and Benetton to make huge investments for new outlets

Targeting a turnover of Rs 5,000 crore in this fiscal, Future Group's retail chain Big Bazaar will open additional 61 stores by the year end. The company is looking for a turnover of Rs 5,000 crore during the current fiscal. As part of the plan, 61 new hypermarkets are going to be established across the country.
 
Apparel retail chain Globus will invest Rs 350 crore for opening 74 new stores in the next 30 months across India. Seeing the growth in the organised retail industry in India, the company has planned to increase the number of outlets to 100 from the current 26 stores in the next two-and-a-half years. This can entail an investment up to Rs 350 crore. To start with, the company would add 15 stores in the current fiscal in Tier I and Tier II cities, including Nagpur, Kochi, Rajkot and Surat. While, aiming deep market penetration, Italian apparel chain Benetton also plans to set up 20 new outlets in Tier II and Tier III cities across the country by the end of next year.

For more details Email us
Top                                                

New Globe handles Aston Martin racing car for Bandra-Worli Sealink event

Mumbai-Based New Globe Logistics handled the import and re-export of Aston Martin racing car for the event organised on Bandra-Worli Sealink (in Mumbai) as part of Gulf Oil programme. The shipment arrived on CX058 from Paris. New Globe took care of total Customs clearance at Mumbai Airport along with loading/unloading, and processed all CARNET documents within just 1.5 days, and re-exported the car back on BAWC freighter direct to London.

For more details Email us
Top

India-Pakistan agree to operate more freight trains

According to the ministry of railways, government of India sources, more freight trains would be operated between India and Pakistan. Recently, railways delegations of both countries have met to decide on running of longer freight trains and container train services.
 
At present two pairs of freight trains run between the two countries every day on the Wagah-Attari rail link. The two sides have agreed to eventually increase the frequency of trains to five pairs per day. Several proposals to increase the level of freight interchange between India and Pakistan at Wagah and Attari are being discussed, particularly with a view to increasing import of cement from Pakistan.

For more details Email us
Top

Maersk and Emirates enhance West Coast-India service
Service to India’s West Coast ports have been upgraded with the new Maersk-Emirates Shipping Line container loops to Middle East and Arabian Gulf that also enhances connections to India and China. Maersk has deployed 6,250 TEU ships from June 1 to replace 5,500 TEU vessels in its weekly Europe/Middle East (ME3) service that calls at JNPT.
 
For more details Email us
Top

Survey finds better time ahead

The results of FICCI’s latest Business Confidence Survey show that Indian industry’s perceptions have reached a trough and expectation about a possible rise is now on the horizon. In their assessment of the economic situation, members of corporate India have reported that the economic trends may have reached their worst levels and from now on one can expect some improvement.
 
However, while the situation may improve somewhat in the near future, the country will still fall short of the strong performance that was witnessed till about a year ago. The FICCI survey also shows that manufacturing inflation will go up in the months ahead and that it would be a persistent trend throughout 2008. The pressure on industry on account of rising interest costs and rising inputs costs has breached the absorptive capacity for many companies and they are being forced to revise prices upwards.

For more details Email us
Top

DELHI 

E-mail: cargotalk@ddppl.com

MUMBAI 

E-mail: mumbai@ddppl.com

Chennai 

E-mail: chennai@ddppl.com

MIDDLE EAST 

E-mail: uae@ddppl.com

Unsubscribe

                                                                                                                                           Disclaimer