Search Result for : Exim Trade Data

The Dollar Business Bureau  The biggest container shipping company in the world, Maersk Line, said on Wednesday that the growth of EXIM container trade of India in the current year is likely to be in two digits. “In 2017, the growth is likely to be in two digits provided that India maintains its growth in markets like the Middle East, Latin America and East Africa, enhancing its client portfolio and diversifying the risks,” the company stated in its 2016 Annual India Trade Report. As per the Global Economic Prospects report by World Bank, growth of global trade in 2016 was the slowest since the world financial crisis in 2009. “India, in spite of that, has done well and consolidated its place with the international containerised trade. ...

The Dollar Business Bureau The Association of American Railroads, America’s leading railroad policy, research, standard setting and technology organization of the rail industry has in its latest report confirmed that freight railroads are deeply connected to International Trade. The report reveals that at least 50,000 US Rail jobs , 35% of rail revenues and 42% of carloads and intermodal units are directly supported by international trade. The report which was released on March 29, says approximately 50,000 rail jobs accounting for more than $5.5 bn in annual wages and benefits depended directly on international trade emphasizing the need for trade agreements with countries and not rushed policy modifications as President Trump’s recent statements revealed. Many in the political circles agree that the data ...

The Dollar Business Bureau  Kamal Jain, Indian Railway Traffic Service (IRTS) 1991 batch has been announced Chief Executive Officer, APM Terminals Mumbai effective 22 June, 2016.  APM Terminals Mumbai is a joint venture between APM Terminals & the Container Corporation of India Ltd. (CONCOR).  Prior to joining APM Terminals Mumbai, Kamal has served as Chief General Manager, Western Region, CONCOR, Mumbai. With a vast experience spanning 23 years in the Logistics industry particularly containerized cargo both of Domestic & EXIM nature and bulk cargo in Indian Railways, Kamal has held a number of important positions and worked on several significant assignments in his previous roles. He is keen to apply his experience in the terminal industry.  Kamal has also been the recipient of the ...

The waiver of Rs. 728 per container will be implemented till April 15 on containers ferried by railways to and from the dedicated rakes at JNPCT. The Dollar Business Bureau The move will encourage the trade for usage of rail transportation and reduce the congestion and pollution on the roads around JN Port.In a move to encourage the use of rail transportation within the country, the Jawaharlal Nehru Port Trust Board has decided to waive of handling charges for containers sent to the port via railways for exim (export-import) trade. The waiver of Rs. 728 per container will be implemented till April 15 on containers ferried by railways to and from the container freight services on dedicated rakes at JNPCT (Jawaharlal Nehru ...

The Dollar Business Bureau    APM Terminals Pipavav on Monday announced the acquisition of three new cranes from China. The cranes will be commissioned in a phased manner to replace the existing ones at the port. The new cranes will help in carrying out the vessel operations faster; reduce the turnaround time, and increase efficiency and productivity. Keld Pedersen, Managing Director, APM Terminals Pipavav said, “This is in line with our business expansion plan of increasing the capacity to 1.35 TEUs. We wish to continue to be prepared for growth and work closely with our customers in the EXIM trade.” APM Terminals Pipavav (Gujarat Pipavav Port Ltd.) is a part of APM Terminals global terminal network of 62 operating ports, terminal facilities ...