DP World, Deendayal Port Authority (DPA), and Nevomo have signed an agreement to set up a first-of-its-kind magnetic rail system for freight movement within Kandla port in Gujarat, according to an official release. The Memorandum of Understanding (MoU) will explore feasibility of this futuristic freight transportation through development and implementation of a pilot project using […]
Centre Rolls Out First-Ever E-Truck Subsidy, Targets 5,600 Vehicles in Green Freight Push In a major push towards decarbonising India’s freight sector, the Union government has unveiled a new incentive scheme for electric trucks (e-trucks) under the flagship PM E-Drive programme, promising subsidies of ₹5,000 per kilowatt-hour (kWh) of battery capacity, capped at ₹9.6 lakh […]
DIAMOND LOOP: A section of the western dedicated freight corridor in Sanand, Gujarat India’s big-ticket rail infrastructure project, the dedicated freight corridor (DFC), is nearing completion. The ₹1.25-lakh-crore twin-corridor initiative, aimed at overhauling the country’s freight movement, is expected to be fully commissioned by December, a senior official of the Dedicated Freight Corridor Corporation of […]
No casualties have been reported | Photo Credit: ANI A wagon of a goods train carrying diesel caught fire and the blaze spread to other wagons on Sunday morning near Tiruvallur, a Railway official said. No casualties have been reported, he said. Fire tenders have been rushed to the spot and overhead power supply for […]
This is an AI-generated image, used for representational purposes only. Indian Railways recorded a modest rise in freight traffic during the April–June quarter of FY26, with double-digit growth seen in key sectors like pig iron, finished steel, food grains, and container movement. However, this growth was tempered by a slowdown in coal, cement, and fertiliser […]
India’s ban on ships carrying goods originating in or exported from Pakistan has led to a sharp rise in freight charges and longer shipping times for Pakistani importers, Dawn newspaper reported, citing industry officials.The ban, imposed on May 2, 2025, following the Pahalgam terror attack, prohibits both direct and indirect movement of Pakistani goods through […]
India’s ban on Pakistani goods at ports leads to increased freight charges and transit time, impacting trade relations. | Photo Credit: REUTERS India’s ban on ships carrying Pakistani goods from anchoring at its ports has increased freight charges and transit time, according to a media report. Following the Pahalgam terror attack, India imposed a comprehensive […]
Manufacturers of white goods have stated that they are witnessing a significant increase in freight charges while they are facing delays in arrivals of raw material shipments | Photo Credit: Getty Images Consumer durable makers have called out a hit to their businesses due to the rise in freight charges resulting from the continued hostilities […]
The Iran-Israel conflict has so far had a limited impact on industry. However, freight rates and insurance premiums will rise if the uncertainties related with it prolong. So far, the ongoing uncertainties in the Middle East have not had a significant impact on India Inc’s global trade, Crisil Ratings said in a credit alert. That […]
NEW DELHI: The fresh conflict in West Asia can have a spillover effect on India just when inflation was moderating and businesses were learning to cope with the unpredictability of Trump’s tariffs. While the direct impact of Israel’s attack on Iran will be limited, given that India has very little trade left with the Islamic […]
