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Showing posts with label ICD. Show all posts
Showing posts with label ICD. Show all posts

Thursday, 5 September 2019

20:13

Viramgam Based Gateway Rail Inland Container Depot first Export Train Service Flagged Off

Viramgam Based Gateway Rail Inland Container Depot first Export Train Service Flagged Off

Gateway Rail flags off first Export Train Service from Viramgam ICD
The ICD will open international trade for the industrial belt of Sanand-Mehsana-Bechraji.
VIRAMGAM: Gateway Distriparks Ltd (GDL) subsidiary Gateway Rail Freight flagged off the first export train service from the newly-built inland container depot (ICD) at Viramgam near Ahmedabad. The first consignment of export containers of Honda Motorcycle and Scooters India Ltd (HMSI) was cleared under assistant commissioner of customs Bisht.
Samvid Gupta, joint managing director of Gateway Rail Freight said, “With the addition of this ICD, our group will be able to offer intermodal service from its 12 container terminals across India to the shipping lines and the international trade. We are committed to delivering world-class service to our esteemed customers.”
The first export train service was flagged off by Divisional Railway Manager, Ahmedabad Division Deepak Jha.
Gateway Rail also operates ICDs at Gurugram and Faridabad in Haryana and Ludhiana in Punjab. It operates 30 BLC (bogie low containers) class trains to provide a daily service between these ICDs and the western ports of Nhava Sheva, Mundra and Pipavav. It also offers optional road transport service from these ICDs to provide an integrated intermodal solution for the international trade in NCR and Punjab and will now offer similar service from the newly inaugurated ICD at Viramgam to the international trade of newly developing industrial belt of Sanand- Mehsana- Bechraji of Ahmedabad.
Sachin Bhanushali, director and CEO, Gateway Rail Freight said, “We are committed to offering a reliable rail transportation service for imports and exports from our Viramgam ICD which would make a fundamental difference in the Intermodal service for Gujarat trade.”

Source:RailNews
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Friday, 27 May 2016

08:25

Jawahar Lal Nehru Port Trust (JNPT) Approves Rebate For Containers Moved by Rail TO ICD Mulund

Jawahar Lal Nehru Port Trust (JNPT) Approves Rebate For Containers Moved by Rail TO ICD Mulund 

JNPT Board has approved waiver of Rs. 728/- per container towards handling charges for all containers moved by rail to and from Inland Container Depot, Mulund on CONCOR rakes to be placed at JNPCT. ICD Mulund is strategically located & accessible by road & rail to the catchment area around Mumbai. 

Similar waiver has been granted to 3 Container Freight Staions- Navkar, CWC and DRT on Exim containers which have either arrived through dedicated rakes or moved out through dedicated rakes placed on JNPCT lines. This initiative has been taken to encourage trade to shift to rail mode. This will be a win-win situation for all stakeholders and the local people, as this will decongest the roads & reduce pollution around the Port’s vicinity. 

Source:PIBNEWS 
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Wednesday, 6 August 2014

20:54

Gateway Rail Freight posts 23% jump in Q1 net

Gateway Rail Freight posts 23% jump in Q1 net

Mumbai:  Logistics player Gateway Distriparks (GDL) today reported 23 per cent jump in consolidated net profit to Rs.36.9 crore in the first quarter ended June 30, aided by rail business.

The company had posted a net profit of Rs.30 crore in the same quarter a year ago.

Total income increased by 9.30 per cent to Rs.278.18 crore from Rs.245.34 crore in Q1 FY14, Gateway Distriparks said in a release here.

The April-June period saw good growth compared to the first quarter of the previous fiscal. The main contributor was the rail business which helped offset the decline in CFS (container freight station) business (due to stagnant port volumes and increased competition), it said.

The company’s arm, GatewayRail Freight, had yesterday announced the commissioning of an Inland Container Depot (ICD) terminal at Faridabad in Haryana.

“We are positive on the outlook of our businesses. The listing of Snowman Logistics (a subsidiary) will unlock inherent value and the potential of cold chain operations. The coming on stream of the Faridabad facility will further enhance performance of the rail operations,” Gateway Chairman Gopinath Pillai said.
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