Indian Railways to concentrate on high density network

Indian Railways plans to augment its capacity by heavily investing in its high density network and routing incremental investments towards creation of better goods sheds. The high density network, which comprises rail routes along the golden quadrilateral; its diagonals and the Delhi-Guwahati route, accounts for about 28% of total rail route length in the country. Around 75% of total freight traffic moves on these routes, so the Ministry has decided to invest about Rs 20,000 crore over the next three to five years in strengthening the network. The investment would go to over 100 projects including doubling track; building third lines; improving signaling, and building overbridges.

Global logistics consolidation to continue

Consolidation in the global logistics industry is expected to continue at a breakneck pace, according to a new survey titled Global Logistics Strategies 2007. The report says there is little sign that the seemingly endless volume of deals will come to an end, with consolidation continuing in the European, US and Asia Pacific markets. This trend has been helped by an influx of private equity capital which the survey says now backs a third of all deals.  For more information on the survey visit www.researchandmarkets.com/reports/c80709