Freight transport: GK, Current Affairs, Questions, Trivia and News

Ministry of Defence approves issuance of two OGELs for export of certain parts and components

Defence Minister Rajnath Singh has approved issuance of two Open General Export Licences (OGELs) for export of certain parts and components and intra-company transfer of technology to select countries. This decision is expected to give a boost to defence exports and enhance Ease of doing Business (EDB). The transfer of technology to the countries is ..

Rivigo launches National Freight Index (NFI)

The National Freight Index (NFI) has been launched by a technology-enabled logistics company Rivigo, which owns a fleet of over 3,000 trucks. The index aims to bring transparency and boost efficiency in the market. The NFI is the barometer of the road freight market in India and is based on Rivigo rate exchange, which gives ..

Plastic bag ban approved in New York budget

A statewide ban on single use plastics has been approved in Manhattan starting from 2021. However, the single use plastics provided by the Supermarkets and other stores will banned from March 1 2020. They are allowed to charge 5 cents for paper bags. the 2 cents of the charge will be going to the local ..

Inland Waterways Authority of India launches FOCAL portal to connect cargo owners and shippers with real time data on availability of vessels

The Inland Waterways Authority of India (IWAI) has launched a dedicated portal – Forum of Cargo Owners and Logistics Operators (FOCAL) – to connect cargo owners and shippers with real time data on availability of vessels. The landmark e-connect measure will enable direct interaction among the vessel operators, shippers and cargo owners as currently, there ..

SFOORTI

In a major digital initiative to help plan the traffic flows and optimize freight operations, Ministry of Railways have launched Smart Freight Operation Optimisation & Real Time Information (SFOORTI) App for Freight Managers which provides features for monitoring and managing freight business using Geographic Information System (GIS) Views and Dashboard. With this application, movement of freight trains on Geographic Information System (GIS) ..

UN TIR Convention

India became the 71st country to ratify the United Nations TIR (Transports Internationaux Routiers) Convention, a move that will help boost trade through smoother movement of goods across territories. The ratification is a part of India’s multi-modal transport strategy that aims to integrate the economy with global and regional production networks through better connectivity. The ..

Ministry of Railways launches SFOORTI app for freight managers

In a major digital initiative to help plan the traffic flows and optimize freight operations, Ministry of Railways has launched Smart Freight Operation Optimisation and Real Time Information (SFOORTI) App for freight managers. The app provides features for monitoring and managing freight business using Geographic Information System (GIS) Views and Dashboard. With this application both ..

JNPT wins 2017 “Samudra Manthan – Caring Organisation of Year” award

The Jawaharlal Nehru Port Trust (JNPT), which is India’s Premier Container Port, has won the 2017 “Samudra Manthan – Caring Organisation of the Year” award.The award instituted by Bhandarkar Shipping aims to fuel healthy competition in the maritime sector. Besides achieving operational excellence, JNPT provides excellent facilities to their staff like medical insurance, residential township ..