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Ship charter rates plunge below operating costs



Indicative Ocean Freights to various Sea Ports
Indicative Trucking Rates in India
Air Freight Rates (domestic & international)


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  Truck rentals may dip to 5% on diesel price cut
  Karnataka to introduce smartcards for driving licence  
  21 highway projects worth Rs.23,303 crore get approval  


  Railways signs long-term coal transportation agreement
  Railways hike freight rates on coal and coke  
  Kerala government not in favour of declared goods status to ATF  
  Marg to build, operate Bijapur airport  
  Pact for supply of Russian copters worth
Rs 2,400 cr
  Cargo village launched by BIA  



Indian shipping companies feeling the global heat
SCI mulls laying up bulk carriers on Baltic index fall
Hazira port to build $500-m multi-cargo terminal
Major ports to get elite commando units for security cover
Maritime states told to review coastal security
Security upgrades set to make India’s ports even more costly



  ABC India sets new milestone in heavy lift cargo movement
India Posts expands global coverage with Deutsche Post tie-up
Transafe Services container production will not be hit by downturn
Jebel Ali Free Zone to set up FTWZ in India
Mitsui to set up logistic park in Haryana


Airlines face worst crisis for 50 years: IATA
UPS opens $125m cargo transit hub in Shanghai
EU soldiers to protect cargo ships from Somali pirates
Economic downturn hits European air-cargo traffic
China to require advance manifests for all cargo
Manufacturing slows sharply in China
Carrier rates stagnate amidst economic worries
Cathay cuts cargo operations
Shanghai port to buy section of city’s Yangshan port
Maryland port to sign 10-year deal for imported forest products
Obama's focus on transportation infrastructure seen as a turnaround catalyst

  Disclaimer: All information contained in this report has been obtained from sources believed to be accurate by DVV Media India Pvt Ltd. While reasonable care has been taken in its preparation DVV Media and CII - Institute of Logistics make no representation, warranty, express or implied as to the accuracy, timeliness or completeness of any such information. All information should be considered solely as statements of opinion and neither DVV Media nor CII - Institute of Logistics will be liable for any loss incurred by users from use of the contents of this report.