Rail transportation remains a cornerstone of global logistics and travel, offering an efficient, reliable, and sustainable way to move goods and passengers. Central to its success is the utilization of rail equipment, which includes a diverse range of machinery, vehicles, and tools essential for the construction, maintenance, and operation of rail networks. Exploring Rail Equipment
In August 2023, there was ~28.4% growth in total traffic, as exhibited by revenue passenger kilometers (RPKs), in comparison to August 2022. This was as per the report by International Air Transport Association (IATA). On the global basis, traffic has touched ~95.7% of those levels which were seen before COVID-19. International traffic saw ~30.4% rise against August
Global autonomous vehicle market has been valued to the tune of $76.13 billion in 2020, and should reach $2,161.79 billion by 2030. This means that the industry is expected to be compounded at ~40.1% from 2021 to 2030. Autonomous vehicle or a driverless vehicle has the capability to operate itself and execute necessary functions. Therefore,
At the G20 Summit Saturday, President Biden, Prime Minister Modi, and other leaders announced plans to build a massive rail and shipping corridor to link India with the Middle East and Europe. According to the White House, the India – Middle East – Europe Economic Corridor (IMEC) will consist of two corridors – one connecting
Multibagger stocks are ones which have potential to return several times of their initial investment i.e., 100% higher returns or more and that too in a shorter period of time. If a stock can give twice the returns, then it is considered as a two-bagger, if it provides you thrice the returns then it is
Massive cranes and bulldozers have been deployed in Balasore district, Odisha to lift up one of the coaches that was trapped under the wreckage of three successive train derails. Firefighters were using gas torches and electric cutters to extract those who had survived as well as the corpses from the smashed steel. At least 238
APSEZ, the flagship company of Adani ports Group, handled 120.51 million metric tonnes (MMT) of rail cargo in FY23, up from 98.61 MMT in FY22. Through the Indian Railways’ General Purpose Wagon Investment Scheme (GPWIS), APSEZ saw a 62% YoY increase in rail cargo. Mundra Port handled over 15,000 container trains in FY23. As a
When you’re starting your own manufacturing business, you might find that it pays to have finance in place. Once secured, however, you’re still going to have to make sure that you use it wisely. This is because you’re going to need to get some essential components in place that may not come that cheap and
A recent Freightwalla survey has shown that 84% of respondents believe digital will improve supply chain efficiency. The survey, published in the report “MSME Digital India 2022”, was aimed at understanding the changing digital penetration and awareness in the shipping and logistics industry among MSMEs in EXIM fraternity. The Indian shipping industry has experienced tremendous
Investors have various reasons for investing in Adani shares. Some believe in the company’s future potential while others are interested in its current position. However, all investors should carefully consider their options before making any decisions. Adani is an Indian multinational conglomerate company headquartered in Ahmedabad, Gujarat, India. It was founded by Gautam Adani in
