Heightened cargo demand and congestion issues at transshipment hub Colombo, Sri Lanka, are spurring new containerized rail services to India’s interior.
Container Corp. of India
Container Corp. of India
Container Corp. of India news and analysis. Get the latest news about Container Corp. of India and international logistics industry.
21 Oct 2015
Intermodal logistics giant Container Corporation of India reported its net income surged 21 percent in the second fiscal quarter from a year earlier to $36 million.
30 Jul 2015
State-owned Container Corporation of India is expanding its intermodal services connecting the country’s southeastern container ports, beginning its second rail service to a southeastern port in as many months.
01 Jul 2015
State-owned rail operator Container Corporation of India has slashed its charges for the movement of empty containers between Chennai Port and Bangalore, providing some respite for shippers struggling with port delays and ocean carrier surcharges.
26 Jun 2015
Kattupalli International Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first ship call of the SCI Middle East India Liner Express, or SMILE, an intra-regional service by state-owned carrier Shipping Corporation of India.
20 Feb 2015
State-owned intermodal operator Container Corporation of India said it has helped clear out the backlog of import containers destined for Ludhiana that had stacked up at major ports on the west coast over the past few months.
12 Feb 2015
Container Corporation of India reported a 21 percent year-over-year jump in net income for its fiscal third quarter in a filing to the Bombay Stock Exchange Thursday.
15 Dec 2014
India’s Ministry of Railways said it will postpone previously announced container rail increases, providing a temporary respite for shippers struggling with port congestion and rising transportation costs.
26 Nov 2014
Indian shippers already facing a wave of surcharges tied to landside congestion at major ports received another blow earlier this week when the federal government issued a decree allowing Indian Railways to charge a “port congestion surcharge” for cargo moving to inland distribution points.
06 Nov 2014
Rising operating costs coupled with the slowdown in international freight hauling hurt profit growth at Container Corporation of India, the country’s largest intermodal logistics provider.
31 Jul 2014
Container Corp. of India, the country’s largest intermodal logistics provider, reported its net income rose 6 percent year-over-year in the first fiscal quarter, from April to June, to Rs. 261.88 crore (about $43.7 million).
28 Jul 2014
State-owned rail operator Container Corp. of India has reiterated its confidence in being able to clear the import backlog at Jawaharlal Nehru Port Trust (Nhava Sheva) through greater coordination with all stakeholders.
23 Jul 2014
Ship agents at India’s Port of Jawaharlal Nehru (Nhava Sheva) have expressed concern over a lack of effective measures by state-owned rail operator Container Corp. of India in clearing import backlogs that have reached “unprecedented” levels at the country’s biggest box gateway.
13 Jun 2014
Container Corp. of India said it is taking steps to add more intermodal services to help clear a buildup of containers at Nhava Sheva Port.
02 Jun 2014
Container Corp. of India boosted fiscal year 2013-14 net income 3 percent from a year earlier to $161 million.
03 Feb 2014
State-owned rail operator Container Corp. of India reported its net profit in the third fiscal quarter, which ended Dec. 31, 2013, was $40 million, rising 5.4 percent year-over-year from $38 million.
29 Oct 2013
Container Corp. of India reported its net income in the second fiscal quarter, which ended Sept. 30, was $40 million, climbing 5 percent from $38 million in the year-ago period.
10 Oct 2013
Adani Hazira Container Terminal and state-owned rail operator Container Corp. of India have reached an agreement to ensure an intermodal route connecting Tughlakabad and Dadri...
30 Jul 2013
State-owned Container Corp. of India reported its net income in the first fiscal quarter, which ended June 30, was $41.65 million, inching up 0.5 percent from $41.43 million in the same period a year ago.
27 May 2013
State-owned rail operator Container Corporation of India posted fiscal 2013 consolidated net profit of $167.5 million, up
30 Jan 2013
Container Corporation of India reported its net profit in the third fiscal quarter, which ended Dec. 31, 2012, was $43.8 million, down 2 percent from $44.6 million in the same quarter in 2011.
03 Jan 2013
Kalmar, part of Cargotec, has signed a contract with Container Corporation of India to supply three Kalmar E-One2 rubber-tire gantry cranes to Concor’s Tuglakabad terminal in New Delhi.
01 Nov 2012
State-owned Container Corp. of India boosted second quarter net profit 32 percent from a year earlier to $44 million, driven by higher earnings from its core export-import intermodal operations, the company said in a statement.
06 Feb 2012
Container Corporation of India boosted third quarter net profit 6 percent from a year ago to $49.2 million, as growth in the state-owned company's core container hauling business pushed revenue up 8 p
24 Oct 2011
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