Centre raises load capacity for heavy vehicles by 20-25 %

Manjula

Author Posts

NEW DELHI: The Centre has increased the official maximum load carrying capacity of heavy vehicles, including trucks, by 20-25% besides scrapping the mandatory annual renewal of fitness certificates for freight carriers. Fitness certificates for trucks would now be renewed every two years. “Now, we’re on a par with the international freight carrying norms for transport
Complete Reading

LONDON: The rapid growth of charter rates in the container shipping market is likely to be over as ocean carriers release some ships back to the open market in order to curb the impact of weak profitability. However, shipping consultancy Drewry expects rates to remain close to their current levels over the remainder of the
Complete Reading

TIRUPUR: Shri Raja M Shanmugham, President said the Department of Revenue, Ministry of Finance has increased the Basic Customs Duty from 10% to 20% for import of 23 Knitted garments items and also one Knitted fabric item which came into effect from 16th July 2018. Shri Raja M Shanmugham said: “Off late, the textile products
Complete Reading

NEW DELHI: The Government has doubled import duty on over 50 textile products — like jackets, suits and carpets — to 20 percent, a move that is aimed at promoting domestic manufacturing. The Central Board of indirect Taxes and Custom (CBIC) recently notified list of textile products on which duties have been hiked to 20
Complete Reading

SINGAPORE: APL has announced that the West Asia Express (WAX) service will be calling the additional ports of Xingang, Busan and Sohar as part of its service rotation. This refinement marks APL’s commitment to provide a wider coverage between the Far East and Middle East. The enhanced WAX service will be characterised by its unparalleled
Complete Reading

GANDHIDHAM : MV. Artam SPL1055 sailed from Kandla International Container Terminal (KICT) with highest ever export loading of Rice cargo weighing about 1316 TEUs on 10th July 2018. MV. Artam called KICT under the IIX Service of IRISL Line – the National Line of Iran. The call included a total exchange of 1585 TEUs, having
Complete Reading

MUMBAI: Global shipping major Maersk Tankers is ramping up its presence in India and is also in talks for an Intra-Country coastal movement of oil products courtesy the relaxations in rules, a top official has said recently. Maersk Tankers opened a subsidiary in the India only this year, its sixth office globally, and already employees
Complete Reading

IFFCO, the world’s largest processed fertiliser cooperative, has taken another revolutionary step to serve and connect the farmers digitally by launching a social e-commerce app and web portal, “IFFCO iMandi”. This is in line with the vision for a “Digital India” by the Prime Minister, Mr Narendra Modi. Going forward, all e-commerce and digital initiatives
Complete Reading

The President of Federation of Indian Export Organisations (FIEO), Mr Ganesh Kumar Gupta, commenting on the June 2018 trade data, said that the exports data for the second month in a row for the fiscal has shown double-digit, positive growth though the growth receded during the month. MSME units, particularly labour-intensive sectors such as RMG
Complete Reading

The Bhavani Group of Companies, a fast growing logistics service provider, has launched a new manufacturing unit under the banner ‘KDS Bhavani Packaging Pvt. Ltd’ at MIDC in Mangaon, Maharashtra on Monday, July 2, 2018. KDS Bhavani will now procure premium quality pine wood that will be exclusively used for wooden pallet manufacturing. KDS Bhavani
Complete Reading

Create Account



Log In Your Account