All about Cargo

The Highways and Shipping Sectors Surge Ahead as the Centre Pushes for World Class Infrastructure

The Union Minister of Road Transport & Highways and Shipping Shri Nitin Gadkari has said that his two Ministries have together spent a total of about Rs 4 lakh crores in the past two and a half years as they work towards building world class highways and shipping infrastructure in the countryRead More

World Cargo Symposium (WCS) by IATA held at Shanghai

International Air Transport Association (IATA) conducted World Cargo Symposium for the ninth time with over 1,000 air freight decision makers and experts attending the event which was held at Shanghai, China and hosted by China Eastern Airlines. The main focus of the event was how to enhance Read More

Air freight companies gains due to four day shutdown of 29 west coast ports in US

As sea freight was stuck due to four day shutdown of 29 West coast ports is US, Pacific air cargo gained on this opportunity by adding a Boeing 747 Freighter to its Los Angeles to Honolulu route. The ongoing dispute between International Longshore and Warehouse Union representing dockworkers and Read More

Cargo Drone Skyprowler receives crowd funding

The vertical take-off and landing drone SkyProwler designed and conceptualized by Krossblade Aerospace systems has received $58,000 on the crowd funding platform kickstarter. The goal is to receive $100,000 via crowd funding to start production. Krossblade Chief Executive Officer, Dan LubrichRead More

IATA: No airline banned from entering EU due to ACC3

As European Union security regime ACC3 is enforced since July 2014, no airline has been banned from entering European Union as per IATA.  The Russian airlines listed as at risk when it was not included in green list countries of ACC3 regime. ACC3 stands for air cargo, mail carrier operatRead More

Indian railways plan to replace imported components with indigenous components

In a bid to cut down foreign exchange expenditure on imported components , Indian railways plans to promote indigenous components where  parts of it would be manufactured with the help of global technology transfer.  Railways spend Rs 2,200 crore on import of components whereas total imRead More

Mumbai Airport struggles as cargo piles up

There has been a sudden pile-up of export cargo at the Mumbai airport, which is receiving a large amount of freight diverted from the Jawaharlal Nehru Port over the past few days, and the airport authority appears unable to handle the situation. Cargo operators exasperated by the delay, estiRead More

AI cargo business may report 30% higher revenue in FY14

State-owned Air India, which is reeling under a heavy debt of over R44,000 crore, expects to post around 30% higher revenue, at R1,200 crore, for its cargo segment during fiscal 2014, according to official sources. During FY12 and FY13, the airline had reported revenues of R835.11 crore and Read More

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