India can save over Rs 3.33 lakh crore on lower logistics costs
These savings can be achieved if the logistics costs are brought down to 9% from 14% of the country’s GDP. India can save up to $50 billion (around Rs 3.33 lakh crore) if logistics...
Category: Shipping/Logistics
Government to track freight containers movement via smart chip
The government is set to kick off an ambitious scheme to track the movement of freight containers through a smart chip as it looks to speed up cargo movement and decongest ports. In the...
Long Beach Cargo Volumes up 6% in First Quarter
Cargo shipments at the Port of Long Beach were up 6.1% for the first three months of 2016 compared to the same period last year, starting the year off strongly. Lifted by big gains...
Mormugao Port handles 20.78 mt Cargo during FY 2015-16
Mormugao Port handled 20.78 million tonnes (mt) cargo as compared to 14.71 mt handled during corresponding period of last year, an increase of 41 %. The traffic during the year mainly consisted of 3.57...
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