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

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com