Over the past many decades since 1950s, the Indian Railways has been losing market share to road transport because of inadequate infrastructure and poor services. In 1970, railway was carrying nearly 86 per cent of the total freight volume, which has now come down to 33 per cent. On the other hand, freight traffic by road has jumped from 14 per cent to 59 per cent. Now compare this with countries like China and United States, where railway freight share is 47 per cent and 48 per cent respectively. As on date, 90 per cent of India's passenger traffic and 65 per cent of its freight uses road transport and these shares are growing, as per DFCCIL. India is placed at fourth position in the world in railway freight traffic after China, US and Russia.
The Dedicated Freight Corridor Corporation of India Limited (DFCCIL) is developing the eastern and western DFCs as part of the Golden Quadrilateral connecting New Delhi, Mumbai, Chennai and Kolkata. While the western sector will be connecting all major ports, including Mumbai, Kandla, Pipavav and Mundra, the eastern corridor will connect most of the coalfields. The haulage charges on DFCs network will be 50 per cent lower compared to the freight tariff in the Indian Railways, said Anurag Sachan, MD, DFCCIL.
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Denne historien er fra April 2020-utgaven av Maritime Gateway.
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Impact Of Covid-19 On Shipping And Logistics
Industry stalwarts discuss threadbare the prevailing logistics and supply chain scenario and issues in clearing cargo during the COVID-19 lockdown
Digital Platforms Defy Lockdown
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GARMENT TRADE TRAMPLED
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TRADE RESUMES WITH CHINA
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LESS HUMAN INTENSIVE, MORE DATA DRIVEN
AI provides transformational opportunity for logistics industry by improving customer experience, operational efficiency, faster turnaround time and lower cost while ensuring security and transparency. Macro environment requires industry to transform to be less human intensive, agile and data driven, all of which can be accelerated by AI adoption, shares Gangadhar Gude, Founder & CEO, atai.ai
SHAKEN AND STIRRED
The COVID-19 pandemic has partially paralysed the logistics and supply chain, but the industry is still deterred to ensure supply of essentials continues
TRADE STUCK, ECONOMY SLOWS DOWN
Sri Lankan economy slows down as trade deficit widens and supply chain disrupts amidst lockdown
LENDING INTELLIGENCE TO SUPPLY CHAIN
If you’re shipping millions of dollars’ worth of pharmaceuticals, high-end electronics, expensive seafood, or precious metals, what would you be willing to pay for the ability to ‘ask’ your shipment where it is right now and whether it’s ok? What would you pay for a freight smart enough to raise an alarm before it spoils? Artificial Intelligence enables that and much more…
CONTAINER LINES SIGNAL ‘SOS'
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IMO 2020 And The Covid-19 Curse
The COVID-19 outbreak has shaken and stirred the already volatile bunker market. While the refiners adjust their capacities and shipping lines choose their path to compliance, the market dynamics are yet to reach an equilibrium