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More Questions Than Answers for Hawaii Superferry
09-03-2007
Tim Sakahara - tsakahara@kgmb9.com
There has already been $300 million invested in the Hawaii Superferry.
And executives said there is enough money to see them through these rough times when they are not making money.
The Superferry still is not making any trips to either to Maui or
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Transport industry looks to ride auto boom
08-09-2007
NEW DELHI: With car production all set to surge and the industry likely to double sales by 2010, specialised transport solutions are being worked out to maintain the cost-competitiveness of the auto industry.
The total production of passenger vehicles is likely to cross the 3-million mark by
• read more
Building Cargo Capacity for the Future: Port of Tacoma Plans Terminal for Yusen Terminal Tacoma Inc.
07-29-2007
TACOMA, Wash.-(Business Wire)-July 26, 2007 - The Port of Tacoma today announced plans to build a $300 million, 168-acre (68-hectare) container terminal on the industrial east side of Tacoma's Blair Waterway. The terminal will be leased to a container terminal operator, Yusen Terminal Tacoma Inc.,
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Two Shot Inside East Point Business
07-29-2007
East Point police are investigating the shooting death of a man and a woman inside a car shipping business.
An employee arrived to work just after 1 p.m. Thursday at the RM Auto International at 1157 Willingham Drive discovered the man's body just inside the door. She then ran from the building
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Armored car group donates money to family of slain FBI agent
07-19-2007
The Associated Press
TRENTON, N.J. - The family of an FBI agent who was shot and killed in April while working on a stakeout of a bank robbery will receive a check from a group of armored car carriers.
Special Agent Barry Lee Bush was part of a stakeout attempting to catch men believed
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Transport industry looks to ride auto boom |
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07-19-2007 - 19:26:27
NEW DELHI: With car production all set to surge and the industry likely to double sales by 2010, specialised transport solutions are being worked out to maintain the cost-competitiveness of the auto industry.
The total production of passenger vehicles is likely to cross the 3-million mark by 2010 (from 1.4 million in 2006-07), and the big companies are getting ready to tap the potential.
US major General Electric will provide the technology to its Kolkata-based strategic partner Titagarh Wagons (TWL) to develop specialised car wagons for bulk transport of vehicles on the rail network. GE Equipment Services president Dan Nalawade told
ET: “Based on our global expertise, we offer a wide variety of railcars, intermodal equipment, and customised solutions in automobile transporting. TWL would be developing these specialised wagons and rakes for transporting car and other vehicles though Railways, which would make operating costs very competitive in the Indian market.”
Other new entrants, such as German major Hallman Logistics, are providing complete end-to-end solutions to automobile companies. “Backed by specialised manpower training, we have developed customised back-end solutions, such as shifting cars to RR Vessels (ships with waterproof car parkings) for the overseas market. We are also introducing sealed containers to ferry cars in the domestic market at extremely competitive rates,” said Hallman Logistics India head Amit Kapoor.
The massive capacity expansion lined up by car companies has prompted the Society of Indian Automobile Manufacturers’ to work towards roping in the Indian Railways to meet the sector’s transport requirements. It is aiming at transporting a minimum 15% of the total car and two wheeler production by the railways in the next few years. “We have requested for a joint-working group—SIAM and Railways—to harness the logistics potential and remove obstacles for a low cost transport model,” said a senior functionary of SIAM.
The working group would moot proposals for effective transport solutions for the Indian auto industry and remove the hindrances hampering the development of Railways as a mass transporter of all vehicles,” said a senior functionary of SIAM.
Currently most of the industry’s transport needs, both domestic and exports, are met through road transport. All companies hire tractor-trailers to move finished products out of factories to the market, and the Railways’ share is a mere 2%.
Hyundai Motor India, India’s largest exporter of cars, has asked for a dedicated rail link from its Chennai plant, to the Chennai port, which would be the largest car export facility in India. “We would be exporting 3-lakh cars in next two years and are already facing transport bottlenecks. We have mooted a proposal for a dedicated rail corridor to allow seamless transport from State Industries Promotion Corporation of Tamil Nadu (SIPCOT) to the Chennai Port,” said a spokesperson of Hyundai Motor.
Other companies vying for the Rs 1,000-crore automobile logistics market include NYK Logistics, Mitsui OSK, Adani Logistics and K L Logistics that are negotiating with different car makers with their customised solutions.
10 Aug, 2007, 0417 hrs IST,Chanchal Pal Chauhan, TNN
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