• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Chennai , March 15

AIRLINES have introduced express or flash rates to cash in on the surge in garment exports and the scarcity of cargo space.

According to sources, some airlines are accepting cargo only on express rates. The surge in garment export volumes is seasonal and is not consistent enough for airlines to bring in dedicated space.

Most of the exporters are under pressure to meet deadlines and are willing to pay more rather than lose important orders or incur demurrage in case the consignment is delayed.

Exporters are also not willing to ship high value cargo by sea because of frequent go-slows at the Chennai Port.

The flash rates to Canada and US are about Rs 200 per kg while the normal tariff to these destinations is about Rs 147.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
EPFO panel opposes investment in equities

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line