BRINGING THE MODAL SHIFT
Maritime Gateway|April 2020
The freight corridors will take off 70 per cent of freight load in the form of goods trains from the passenger network and the logistics cost will be trimmed by 50 per cent
BRINGING THE MODAL SHIFT

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.

This story is from the April 2020 edition of Maritime Gateway.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the April 2020 edition of Maritime Gateway.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MARITIME GATEWAYView All
Impact Of Covid-19 On Shipping And Logistics
Maritime Gateway

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

time-read
10+ mins  |
May 2020
Digital Platforms Defy Lockdown
Maritime Gateway

Digital Platforms Defy Lockdown

Digital trading modules such as eNAM are enabling farmers to move their produce from farm to market even during the lockdown

time-read
4 mins  |
May 2020
GARMENT TRADE TRAMPLED
Maritime Gateway

GARMENT TRADE TRAMPLED

As retailers face a shutdown in US and Europe, the cascading affect has caused mass cancellation of orders in Bangladesh

time-read
2 mins  |
May 2020
TRADE RESUMES WITH CHINA
Maritime Gateway

TRADE RESUMES WITH CHINA

While India has allowed uninterrupted movement of imports into Nepal even during lockdown, China is reopening its borders as it emerges from the pandemic

time-read
2 mins  |
May 2020
Maritime Gateway

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

time-read
6 mins  |
May 2020
SHAKEN AND STIRRED
Maritime Gateway

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

time-read
9 mins  |
May 2020
TRADE STUCK, ECONOMY SLOWS DOWN
Maritime Gateway

TRADE STUCK, ECONOMY SLOWS DOWN

Sri Lankan economy slows down as trade deficit widens and supply chain disrupts amidst lockdown

time-read
2 mins  |
May 2020
LENDING INTELLIGENCE TO SUPPLY CHAIN
Maritime Gateway

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…

time-read
10+ mins  |
May 2020
CONTAINER LINES SIGNAL ‘SOS'
Maritime Gateway

CONTAINER LINES SIGNAL ‘SOS'

As the per-unit cost of operations increases many lines are forced to blank sailings which has hit their bottom line real hard. The Government and Terminal Operators therefore need to actively consider reduction in Vessel Related Costs

time-read
2 mins  |
May 2020
IMO 2020 And The Covid-19 Curse
Maritime Gateway

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

time-read
10+ mins  |
April 2020