Import: Data Quality Check on Import Manifest / Arrival Notice, etc.Export: Inputting the shipment details from Shipping Instructions for creating B/L.
Refer the various SOP / Reference Guides available in the dept.In case of doubt, to check with his/her senior and get it clarified.Update the excel database / DMS with his productivity.
Location : MumbaiExperience : 0 2 YearsEducation : UG Any Graduate Any SpecializationPG Post Graduation Not RequiredDOCTORATE Doctorate Not Required
JOB DESCRIPTION / DESIRED CANDIDATE PROFILE
Desired Profile:Degree of Education:-Graduate from recognized university with minimumDiploma in Foreign Trade / Shipping Management / Logistics (preferred).
Mandatory Requirements:-MUST be open to working in shifts including Night Shifts.Strong Keyboard Skills (i.e., Typing speed of at least 25 w.p.m. with more than 90% accuracy).
Desirable Amount of Work Experience:-0 1 yrs of experience in Shipping / Freight Forwarding / Export Related industry.
Other Required Competencies: -Good Communication / Comprehension Skills (including spoken and written English).Strong Analytical Aptitude.Proficient in MS Word and MS Excel.
Walk in Date : 16th Jan 2013Timing : 3pm 4
Address:MOL Information Processing Services India Pvt.,Ltd 06th Floor, Vedanta ,Makwana Road, Off.Andheri Kurla Road,Andheri (EAST).,MUMBAI,Maharashtra,India 400059.
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Canadian Pacific Railway Limited (CP) has inked a multi-year deal with U.S. Silica Holdings, Inc. (SLCA1). According to the agreement, Canadian Pacific will exclusively provide freight solutions for shipping frac sand from U.S. Silica s new facility in Wisconsin. U.S. Silica the second largest domestic commercial silica maker is setting up a new frac sand mining and processing facility to connect with Canadian Pacific s rail network in Sparta, Wisconsin. The production facility is expected to begin operations in the first quarter next year.
Given the fact that Canadian Pacific is the only railroad that connects to Bakken, Alberta Industrial Heartland and the Marcellus Shale region, the increasing opportunity for energy products in these regions will also remain accretive for to Canadian Pacific s business. Higher movements of petroleum products, natural gas and frac sand for drilling activities open up lucrative opportunities for Canadian Pacific.
The company had previously projected that the Marcellus Shale natural gas production unit and Alberta’s Industrial Heartland, Canada’s largest hydrocarbon processing unit, to support its revenue through higher shipments in the upcoming years.
Additionally, Canadian Pacific s plans to improve train lengths and network in 2012 2013 will also support its new business opportunities. This year, the company intends to upgrade and install new sidetracks in key areas to support increased train length.
Further, in 2013, Canadian Pacific plans to increase train length by 11% on the trans-Canada rail routes. Enhancement of network capabilities over the next couple of years remain concurrent with its goal of enhancing capacity, safety and service metrics as well as increasing fuel efficiency by 1 2% over the long term.
Since 2008, Canadian Pacific s intermodal trains have grown by 40% to approximately 12,000 feet. Longer trains have resulted in increased efficiency in terms of capital inputs and have enabled the company to tap potential opportunities in the rapidly growing rail freight market.
Further, we believe that the company s decision to improve train length remains a key strategy given the emergence of new markets for rail intermodal services due to uncertainties surrounding truck freight. Additionally, growth in export coal and potash shipments along with the recent development in crude shipment has propelled the company to expand its capacity via longer trains.
To support these growth plans, Canadian Pacific projects long-term capital expenditures of nearly C$2.3 billion for 2011 2028, with an approximately $1.0 $1.2 billion budget for the current year.
Although these initiatives look attractive for long-term growth and provide a competitive advantage over railroads like Canadian National (CNI2), which operates on almost similar tracks, we believe heavy investments in new locomotives, technology and fuel recovery initiatives overlook the current economic outlook and stressed operating metric due to soaring fuel prices, thereby paving way for distressed margin performance in the near term.
Consequently, we maintain our long-term Neutral recommendation on Canadian Pacific supported by a short-term Zacks #3 Rank (Hold).
- ^ SLCA (www.zacks.com)
- ^ CNI (www.zacks.com)
- ^ CDN NATL RY CO (CNI): Free Stock Analysis Report (www.zacks.com)
- ^ CDN PAC RLWY (CP): Free Stock Analysis Report (www.zacks.com)
- ^ US SILICA HOLDI (SLCA): Free Stock Analysis Report (www.zacks.com)
- ^ To read this article on Zacks.com click here. (www.zacks.com)
- ^ Zacks Investment Research (www.zacks.com)
- ^ Zacks Investment Research (www.topstockanalysts.com)
The economic recovery may be waiting for consumer spending to pull it out of a stall, according to Minneapolis-based Ceridian Corp. s latest economic index, which tracks movement of goods around the country.
The Ceridian-UCLA Pulse of Commerce Index1 (PCI), issued by the UCLA Anderson School of Management this morning, fell 0.3 percent from March to April and is showing flat overall performance during the first four months of 2010, said Todd Dooley, senior vice president of finance for Ceridian and one of the developers of the index.
The PCI is based on an analysis of real-time diesel fuel consumption by over-the-road trucking companies derived from Ceridian s electronic and stored value card payment processing services.
The more cautious tone differs from a decidedly bullish note sounded in March, when the index showed robust growth2. That earlier report prompted Ed Leamer, the PCI s chief economist, to project 4 percent GDP growth for the first quarter, well above consensus estimates of 3 to 3.5 percent growth and actual growth of 3.2 percent3 reported by the U.S. Bureau of Economic Analysis (PDF).
With three months of no growth, the April PCI reflects the continuing weak labor market and early reports on April retail sales, consistent with a zero GDP quarterly growth outlook for the second quarter. The optimism felt in the fourth quarter is not reflected in what we are seeing today, Dooley said, and reflects an evolution in our view.
Despite the recent slowdown, the PCI index is still up 6.5 percent on a year-over-year basis, the fifth straight month of steady increase at better than normal levels. However, year-over-year growth of 10 to 15 percent in the PCI is required to drive down the unemployment rate, and the modest rate of recovery is not enough to put Americans back to work, Dooley said.
The latest PCI numbers are disappointing and cast considerable doubt on the strength of the recovery and the strength of GDP numbers for 2010, said Leamer in the release. The next two months will tell if the first quarter s healthy consumer spending will help lift the PCI and propel stronger GDP growth for the year.
The U.S. Department of Commerce recently reported that growth in consumer spending accelerated to 3.6 percent in the first quarter, up from 1.6 percent growth in the fourth quarter.
Dooley pointed out that consumer spending is not factored into the second quarter (PCI forecast) … People out spending money has a pull-through effect on the economy.
Ceridian said in its release that consumers were back to their profligate ways in the first three months of this year, spending freely, and creating a need for more inventories in the supply chain and more trucking in the months ahead. But it will take income growth and job growth to sustain that rate of growth of consumer spending.
The Ceridian-UCLA Pulse of Commerce Index also provides data for the nine Census regions. Five of the nine regions were weak in April, explaining the overall PCI decline of 0.3 percent. Heavy trucking areas such as the East North Central region (e.g., Ohio and Michigan) fell 1.7 percent, the South Atlantic region (e.g., Virginia and the Carolinas) declined 1.1 percent and the East South Central was down 0.4 percent. The significant West South Central region experienced zero growth in April. The West North Central region, ranging from Minnesota and the Dakotas to Missouri and Nebraska, declined 0.2 percent.
Source: Ceridian-UCLA Pulse of Commerce Index
Ceridian developed the index4 last year with UCLA and claims that it closely tracks the Federal Reserve s monthly Industrial Production index. The PCI forecast for industrial production has been declining each month and now indicates industrial production is likely to grow by 0.4 percent in April, down from an earlier projection of 0.64 percent growth. Industrial production numbers are due to be released on May 14.