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Strategy war escalates between Hero and Honda A global plastic event in India Scoot offers just Rs.13,500 to ANZ... Connecting the unconnected SumInfra- corridor based development... Business Briefs Smart controls for cooling large multi-zone spaces ... ECGC expands operations Realty sector takes a break... Research needs more funding ISRO's 100th mission Downsizing spree... Business Breif Striking cords for 25 years… On the ‘milky’ way Tata Steel commence operations at Kalinganagar TiE applauds innovative entrepreneurs Pharma market dozes Brand leaders come forward... TOP 10 CEO Compensation Airlines wage price war People Flow Day- Safety Three more leather clusters… Sun Edison launches solar pumps The new look- 4s Verna Well-refined – RIL’s refinery margins zoom ALL-two launches in a row World labour laws at a glance CUB: towards card-less withdrawal OBO Bettermann for better lightning protection Automotive Vision Plan II... Backpack laboratory Veritas Finance- financing the unfinanced An American alliance in the chemical industry? TCS’ revenues cross Rs 100,000 crore Changing dynamics in human resource management European crisis is a global crisis! Placing the right shoe forward... Apple maps – finding its way Curbing steel imports will hurt small business... Dynamic e-commerce scenario ALL to launch electric busses AirAsia India infuses funds to fight out competition Adding Zest to Scooty Hero Motocorp - smooth ride Climate change may change the way businesses work... Rating of states to be released soon Creating Tamil Nadu Banana brand Reality bytes Housing Innovation Challenge, 2015 Time to fast-pace the logistics sector Schwing Stetter India joins hands with US-based Gomaco Chola MS net crosses 100 crores STFC raises money Blue Star plans a new plant in south Innovation that helped Chennai port Techies trip to India Celebration time at MS Chola - An aerospace-defence cluster in Tamil Nadu… Illicit markets a concern to growing economy Nothing to hide... Nigeria comes nearer Waste, a gold mine Auto test tracks launched at GARC Oragadam campus Celebrating 180 years of relevance Economic, business and social sustainability Digital retail transactions stabilise at higher level… Need to focus on ease of doing business... Flexible labour laws… Make way for the new and dynamic railways Inclusive and forward moving... When Centre visits the state Towards peace of mind TVS Logistics – another acquisition to sharpen the business model WABCO’s second Chennai plant Steel loses its sheen Chola MS launches motor app Indigo stays leader with 40 per cent share Is Indian telecom industry heading for a monopoly? Chennai will soon get its World Trade Centre Investor friendly Japan Gem of social service... Hyundai excites again Secured NCDs from Shriram City TN budget pragmatic and moderate on fiscal deficit Big-ticket investments march towards Punjab More gensets and diesel engines from TAFE IFCI to raise NCDs upto Rs 2000 crore Bridging the skill deficit in pharma industry Four daughters and a proud father BRICS development bank Applauding enterprise... LVB gears to become a financial supermarket Carrefour’s quick exit Industry-well poised to invest on expansion Durga - India’s largest blast furnace; now operational Chennai to get a roundabout Metro Ridley marathon to India Focus on self-certification and third party inspection TII-challenging year with flat growth Indian Bank – global businesses crosses Rs 3 lakh crore... Economic issues take a back seat at G20 summit Holiday Inn opens in OMR Chennai Purdue and IIT-M sign the dotted line TII’s single largest investment at Thiruthani ALL – truck industry is recovering from degrowth Chennai Port is at last decongested! Realising double digit growth in Tamil Nadu Murugappa- a year of consolidation
 
Chennai Port is at last decongested!
Long queues of lorries and days of waiting time in the port have deterred the growth of the Chennai port. The third oldest major port in the country lost a huge chunk of cargo to competitors because of this.

    Today, with the intervention of technology and management, the port has drastically reduced the waiting time. The average truck visit times from container freight stations to port gates was about 40 hours in 2014. This was reduced to 15 hours at the beginning of this year. On 1 June, a study by Japan International Cooperation Agency (JICA) has calculated the wait time at the port to be just 7 hours.

With the help of JICA, the port had taken several stringent measures. These included, re-laying of the port approach road, opening a document screening centre outside the harbour to prevent trucks from entering the queue without complete shipping documents and incentives to lure shippers to use rail. Recently the port has installed radio-frequency identification technology for gate operations.

The port has a capacity of 3 million TEUs. For years, its annual traffic has hovered around the 1.5 million TEU mark. Cyril George, Port Chairman assured that they were geared towards zero congestion and will soon attract several major carriers.

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