freight rates

 

Freight rates fall on less cargo movements

Aug 11 2018

Capital to Jaipur, Gwalior and Kanpur freight rates moved down by Rs 1,000 each to Rs 17,000, Rs 15,000 and Rs 21,000.

Freight rates remain flat on some support

Aug 10 2018

Freight rates for the nine-metric tonne pay load section ruled flat at the local truck transport market in the national capital following limited cargo movements against easy position of trucks.

Freight rates remain flat on some support

Aug 08 2018

Transporters said reduced cargo movements and sufficient availability of trucks in the market kept freight rates at overnight levels.

Denmark's Maersk cuts 2018 guidance, eyes market recovery

Aug 07 2018

Danish shipping company A.P. Moller-Maersk slashed its 2018 earnings forecast on Tuesday due to weak second-quarter freight rates and higher prices for bunker fuel, although the downgrade was smaller than feared, analysts said.

Freight rates fall on easy availability of trucks

Aug 04 2018

Freight rates for the 9-metric tonne pay load section declined by Rs 1000 at the local truck transport market in the national capital following ample availability of trucks in the market amid restricted cargo movements.

Freight rates up on position of trucks, busy cargo movements

Aug 05 2017

Freight rates for the nine-tonne pay load section depicted higher by Rs 1,000 at the local truck transport market.

Freight rates up on tight trucks position

May 06 2017

Freight rates for nine-tonne pay load section went up by Rs 1,000 at the local truck transport market in the national capital.

Freight rates fall on excess trucks position

Mar 11 2017

Freight rates for nine-tonne pay load section declined by Rs 1,000 at the local truck transport market in the national capital.

Freight rates decline on heavy position of trucks

Mar 07 2017

Transporters said large position of trucks against restricted cargo movements mainly attributed fall in freight rates for some centres.

Freight rates up on busy cargo movements

Mar 06 2017

Transporters said prices after moving both ways on alternate bouts of buying and selling, settled around previous levels.

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Global Markets

 

Stocks In News

 

BHARTI AIRTEL

Aircel moves SC to make Airtel clear dues

Alleges that the co withholding Rs453 Cr of bank guarantees paid on its behalf

Bank guarantees have lapsed and Aircel wants Airtel to pay the money

Alleged that Airtel is trying to usurp the sum

Aircel says without the money it may get liquidated

ET reports

MAX INDIA

Bain joins KKR in race for Max Healthcare stake

PE firms look to buy 47% stake from Life Healthcare for $450-540 Mn

ET reports

NAVNEET EDUCATION

To decide on buy back of shares on Aug. 20

JET AIRWAYS CLARIFIES

Co planning $400 Mn stake sale is speculative in nature

Jet Auditor BSR may quit if issues are not resolved is factually incorrect

Have been pro-actively working on multiple revenue enhancements

Evaluating various funding options to meet liquidity requirements on priority

Relationship with Etihad Airways very strong

No delays in discharging any loan obligations to any of the lenders

Default status in tabular statement only due to technical errors, rectified now

Clarifies that reports of stake sale are purely speculative

Also Clarifies that rumors of auditor quitting if issues not solved are factually incorrect

Seeks lenders help in bid to avoid default

Airline wants waiver of loan covenant on existing debt facility of $185mn

Co has to repay or refinance at least $500mn of existing debt to avoid default

Told lenders it won’t be able to meet min $50mn profit condition for FY19

Consortium of lenders yet to decide on Jet’s request

Airline’s total debt was Rs 9430 Cr as on 31st March 18

Mint reports

NSE TO JET AIRWAYS

Have noticed a difference in your responses dated August 9 & 10

Clarify whether mgmt extension from audit committee as per Aug 10 response

Or did Audit Committee not recommend results to board as per Aug 9 response?

In Aug 10 response, details of "Certain Matters Not Closed" not provided

Provide exact reasons for which audit committee has not approved results

Again ask you to give us date when board meet to consider results will be held

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