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Binny and Co.

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Freight transport , also referred to as freight forwarding , is the physical process of transporting commodities and merchandise goods and cargo . The term shipping originally referred to transport by sea but in American English , it has been extended to refer to transport by land or air (International English: "carriage") as well. " Logistics ", a term borrowed from the military environment, is also used in the same sense.

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56-547: Binny and Co was a shipping , textile , banking and insurance firm based in the city of Chennai , India . It was one of the oldest business firms in Chennai city. The company was responsible for the development of much of North Madras . It helped lay the foundations of major industry in Madras with the Buckingham and Carnatic Mills . Binny and Co was one of the founding members of

112-644: A Public Private Partnership wherein Adani Group , the operator pays Airports Authority of India , the owner of the airports, a predetermined sum of money based on the number of passengers handled by the airports. The rest of India's airports are managed by the Airports Authority of India . In Pakistan nearly all civilian airports are owned and operated by the Pakistan Civil Aviation Authority except for Sialkot International Airport which has

168-520: A landing area , which comprises an aerially accessible open space including at least one operationally active surface such as a runway for a plane to take off and to land or a helipad , and often includes adjacent utility buildings such as control towers , hangars and terminals , to maintain and monitor aircraft. Larger airports may have airport aprons , taxiway bridges , air traffic control centres, passenger facilities such as restaurants and lounges , and emergency services . In some countries,

224-469: A base typically includes a stretch of open water for takeoffs and landings , and seaplane docks for tying-up. An international airport has additional facilities for customs and passport control as well as incorporating all the aforementioned elements. Such airports rank among the most complex and largest of all built typologies, with 15 of the top 50 buildings by floor area being airport terminals. Smaller or less-developed airfields, which represent

280-528: A mistake in handling of the passenger, such as unreasonable delays or mishandling of checked baggage. Airline lounges frequently offer free or reduced cost food, as well as alcoholic and non-alcoholic beverages. Lounges themselves typically have seating , showers, quiet areas, televisions, computer, Wi-Fi and Internet access, and power outlets that passengers may use for their electronic equipment. Some airline lounges employ baristas, bartenders and gourmet chefs. Airlines sometimes operate multiple lounges within

336-557: A number of regulations and safety measures have been implemented in airports, in order to reduce hazards. Additionally, airports have major local environmental impacts, as both large sources of air pollution , noise pollution and other environmental impacts, making them sites that acutely experience the environmental effects of aviation . Airports are also vulnerable infrastructure to extreme weather , climate change caused sea level rise and other disasters. The terms aerodrome , airfield , and airstrip also refer to airports, and

392-598: A partnership with Mr Denison and renamed the company as Binny and Denison in 1800. The firm moved to its present headquarters in Armenian Street in 1812. In 1814, it changed its name to Binny and Co. Binny and Co were the landing agents for the British India Steam Navigation Company and had a fleet of 35 barges and 30 lighters to transport men and goods from ships to land. They also ran a motor bus service for land transportation. Binny and Co set-up

448-490: A plane of 100,000 pounds and the price increases with weight. Non-aeronautical revenue is gained through things other than aircraft operations. It includes lease revenue from compatible land-use development, non-aeronautical building leases, retail and concession sales, rental car operations, parking and in-airport advertising. Concession revenue is one big part of non-aeronautical revenue airports makes through duty free , bookstores, restaurants and money exchange. Car parking

504-460: A retail store upon exiting security. Airport planners sometimes incorporate winding routes within these stores such that passengers encounter more goods as they walk towards their gate. Planners also install artworks next to the airport's shops in order to draw passengers into the stores. Apart from major fast food chains, some airport restaurants offer regional cuisine specialties for those in transit so that they may sample local food without leaving

560-409: A series of gates , which provide passengers with access to the plane. Passenger facilities typically include: Links between passenger facilities and aircraft include jet bridges or airstairs . Baggage handling systems transport baggage from the baggage drop-off to departing planes, and from arriving planes to the baggage reclaim. The area where the aircraft parks to load passengers and baggage

616-483: Is a growing source of revenue for airports, as more people use the parking facilities of the airport. O'Hare International Airport in Chicago charges $ 2 per hour for every car. Many airports are local monopolies. To prevent them from abusing their market power, governments regulate how much airports may charge to airlines, using price-cap regulation . Airports are divided into landside and airside zones. The landside

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672-412: Is a legal term of art reserved exclusively for those aerodromes certified or licensed as airports by the relevant civil aviation authority after meeting specified certification criteria or regulatory requirements. That is to say, all airports are aerodromes, but not all aerodromes are airports. In jurisdictions where there is no legal distinction between aerodrome and airport , which term to use in

728-486: Is a series of highly complex operations that requires managing frequent traffic that moves in all three dimensions. A "towered" or "controlled" airport has a control tower where the air traffic controllers are based. Pilots are required to maintain two-way radio communication with the controllers, and to acknowledge and comply with their instructions. A " non-towered " airport has no operating control tower and therefore two-way radio communications are not required, though it

784-581: Is also common to connect an airport and a city with rapid transit , light rail lines or other non-road public transport systems. Some examples of this would include the AirTrain JFK at John F. Kennedy International Airport in New York , Link light rail that runs from the heart of downtown Seattle to Seattle–Tacoma International Airport , and the Silver Line T at Boston 's Logan International Airport by

840-648: Is common for airports to provide moving walkways , buses, and rail transport systems. Some airports like Hartsfield–Jackson Atlanta International Airport and London Stansted Airport have a transit system that connects some of the gates to a main terminal. Airports with more than one terminal have a transit system to connect the terminals together, such as John F. Kennedy International Airport , Mexico City International Airport and London Gatwick Airport . Airport operations are made possible by an organized network of trained personnel , specialized equipment, and spatial data . After thousands of ground operations staff left

896-448: Is compared to standard shipping, the price of which typically includes only the expenses incurred by the shipping company in transferring the object from one place to another. Customs fees, import taxes and other tariffs may contribute substantially to this base price before the item ever arrives. Airport An airport is an aerodrome with extended facilities, mostly for commercial air transport . They usually consist of

952-472: Is good operating practice for pilots to transmit their intentions on the airport's common traffic advisory frequency (CTAF) for the benefit of other aircraft in the area. The CTAF may be a Universal Integrated Community (UNICOM), MULTICOM, Flight Service Station (FSS), or tower frequency. The majority of the world's airports are small facilities without a tower. Not all towered airports have 24/7 ATC operations. In those cases, non-towered procedures apply when

1008-649: Is known as an apron or ramp (or incorrectly, "the tarmac"). Airport security normally requires baggage checks, metal screenings of individual persons, and rules against any object that could be used as a weapon. Since the September 11 attacks and the Real ID Act of 2005 , airport security has dramatically increased and gotten tighter and stricter than ever before. Most major airports provide commercial outlets for products and services. Most of these companies, many of which are internationally known brands, are located within

1064-431: Is shipped under a single contract but performed using at least two different modes of transport (e.g. ground and air). Cargo may not be containerized. Multimodal transport featuring containerized cargo (or intermodal container ) that is easily transferred between ship, rail, plane and truck. For example, a shipper works together with both ground and air transportation to ship an item overseas. Intermodal freight transport

1120-489: Is subject to fewer special laws and is part of the public realm, while access to the airside zone is tightly controlled. Landside facilities may include publicly accessible airport check-in desks, shops and ground transportation facilities. The airside area includes all parts of the airport around the aircraft, and the parts of the buildings that are restricted to staff, and sections of these extended to travelling, airside shopping , dining, or waiting passengers. Depending on

1176-402: Is transported by air in specialized cargo aircraft and in the luggage compartments of passenger aircraft. Air freight is typically the fastest mode for long-distance freight transport, but it is also the most expensive. Cargo is exchanged between different modes of transportation via transport hubs , also known as transport interchanges or Nodes (e.g. train stations, airports, etc.). Cargo

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1232-400: Is typically more affordable than air, but more expensive than sea, especially in developing countries , where inland infrastructure may not be efficient. In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility near ports due to

1288-513: Is used to plan the route and carry out the shipping service from the manufacturer to the door of the recipient. The Incoterms (or International Commercial Terms) published by the International Chamber of Commerce (ICC) are accepted by governments, legal authorities, and practitioners worldwide for the interpretation of the most commonly used terms in international trade. Common terms include: The term "best way" generally implies that

1344-501: The Madras Chamber of Commerce and Industry . Binny and Co was founded in Madras by John Binny as a general, clearing and forwarding agency in 1797. The company's first headquarters was a building then known as Amir Bagh on Mount Road . The company, then moved to a house a few blocks away, where Hotel Taj Connemara is now situated. With the passage of time, Binny and Co entered the banking and insurance sectors. John Binny set up

1400-487: The Massachusetts Bay Transportation Authority (MBTA). Such a connection lowers risk of missed flights due to traffic congestion . Large airports usually have access also through controlled-access highways ('freeways' or 'motorways') from which motor vehicles enter either the departure loop or the arrival loop. The distances passengers need to move within a large airport can be substantial. It

1456-732: The AATF, as well as pays for the FAA's Operation and Maintenance (O&M) account. The funding of these accounts are dependent on the taxes the airports generate of revenues. Passenger tickets , fuel , and cargo tax are the taxes that are paid by the passengers and airlines help fund these accounts. Airports revenues are divided into three major parts: aeronautical revenue, non-aeronautical revenue, and non-operating revenue. Aeronautical revenue makes up 50% in 2021 (from 54% and 48% in 2019 and 2020, non-aeronautical revenue makes up 34% (40%, 39% in previous years), and non-operating revenue makes up 16% (6%, 14%) of

1512-594: The Buckingham Mills in 1876 followed by the Carnatic Mills in 1881. Both were merged to form the Buckingham and Carnatic Mills in 1920. They made khaki drill world-famous. The Bangalore Cotton, Silk and Woolen Mills was set-up in Bangalore in 1884. In 1897, the company ventured into sugar industry which proved to disastrous. The Deccan Sugar and Abkhari Company was set up and soon began losing money. By 1902, Binny

1568-539: The FAA under the Code of Federal Regulations Title 14 Part 139, "Certification of Commercial Service Airports" but maintained by the local airport under the regulatory authority of the FAA. Despite the reluctance to privatize airports in the US (contrary to the FAA sponsoring a privatization program since 1996), the government-owned, contractor-operated (GOCO) arrangement is the standard for

1624-853: The Spanish Ferrovial consortium in 2006, has been further divested and downsized to operating just Heathrow. Germany's Frankfurt Airport is managed by the quasi-private firm Fraport . While in India GMR Group operates, through joint ventures, Indira Gandhi International Airport and Rajiv Gandhi International Airport . Bengaluru International Airport is controlled by Fairfax . Chhatrapati Shivaji International Airport , Chaudhary Charan Singh International Airport , Mangalore International Airport , Thiruvananthapuram International Airport , Lokpriya Gopinath Bordoloi International Airport , Jaipur International Airport , Sardar Vallabhbhai Patel International Airport are operated by Adani Group through

1680-457: The US in particular, airports also typically have one or more fixed-base operators , serving general aviation . Airport operations are extremely complex, with a complicated system of aircraft support services, passenger services, and aircraft control services contained within the operation. Thus airports can be major employers, as well as important hubs for tourism and other kinds of transit. Because they are sites of operation for heavy machinery,

1736-490: The aircraft. Similarly, import cargo that is offloaded needs to be in bond before the consignee decides to take delivery. Areas have to be kept aside for examination of export and import cargo by the airport authorities. Designated areas or sheds may be given to airlines or freight forward ring agencies. Every cargo terminal has a landside and an airside. The landside is where the exporters and importers through either their agents or by themselves deliver or collect shipments while

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1792-414: The airline's clubs. Premium services may sometimes be open to passengers who are members of a different airline's frequent flyer program. This can sometimes be part of a reciprocal deal, as when multiple airlines are part of the same alliance, or as a ploy to attract premium customers away from rival airlines. Sometimes these premium services will be offered to a non-premium passenger if the airline has made

1848-596: The airport that are available for rent by the hour. The smallest type is the capsule hotel popular in Japan. A slightly larger variety is known as a sleep box . An even larger type is provided by the company YOTEL . Some airports provide smoking areas and prayer areas. Airports may also contain premium and VIP services. The premium and VIP services may include express check-in and dedicated check-in counters. These services are usually reserved for first and business class passengers, premium frequent flyers , and members of

1904-551: The airport, passengers and staff must be checked by security or border control before being permitted to enter the airside zone. Conversely, passengers arriving from an international flight must pass through border control and customs to access the landside area, in which they exit, unless in airside transit. Most multi-terminal airports have (variously termed) flight/passenger/air connections buses, moving walkways and/or people movers for inter-terminal airside transit. Their airlines can arrange for baggage to be routed directly to

1960-446: The airport. Some airport structures include on-site hotels built within or attached to a terminal building. Airport hotels have grown popular due to their convenience for transient passengers and easy accessibility to the airport terminal. Many airport hotels also have agreements with airlines to provide overnight lodging for displaced passengers. Major airports in such countries as Russia and Japan offer miniature sleeping units within

2016-726: The airside is where loads are moved to or from the aircraft. In addition, cargo terminals are divided into distinct areas – export, import, and interline or transshipment. Airports require parking lots, for passengers who may leave the cars at the airport for a long period of time. Large airports will also have car-rental firms, taxi ranks, bus stops and sometimes a train station. Many large airports are located near railway trunk routes for seamless connection of multimodal transport , for instance Frankfurt Airport , Amsterdam Airport Schiphol , London Heathrow Airport , Tokyo Haneda Airport , Tokyo Narita Airport , Hamad International Airport , London Gatwick Airport and London Stansted Airport . It

2072-534: The departure areas. These include clothing boutiques and restaurants and in the US amounted to $ 4.2 billion in 2015. Prices charged for items sold at these outlets are generally higher than those outside the airport. However, some airports now regulate costs to keep them comparable to "street prices". This term is misleading as prices often match the manufacturers' suggested retail price (MSRP) but are almost never discounted. Many new airports include walkthrough duty-free stores that require air passengers to enter

2128-620: The distinction of being the first privately owned public airport in Pakistan and South Asia . In the US, commercial airports are generally operated directly by government entities or government-created airport authorities (also known as port authorities ), such as the Los Angeles World Airports authority that oversees several airports in the Greater Los Angeles area , including Los Angeles International Airport . In Canada,

2184-466: The facilities used on a flight like water, food, wifi and shows which is paid while paying for an airline ticket . Aircraft parking is also a major revenue source for airports. Aircraft are parked for a certain amount of time before or after takeoff and have to pay to park there. Every airport has its own rates of parking, for example, John F Kennedy airport in New York City charges $ 45 per hour for

2240-606: The federal authority, Transport Canada, divested itself of all but the remotest airports in 1999/2000. Now most airports in Canada are operated by individual legal authorities, such as Vancouver International Airport Authority (although still owned by Transport Canada); some airports, such as Boundary Bay Airport and Pitt Meadows Airport, are municipally owned. Many US airports still lease part or all of their facilities to outside firms, who operate functions such as retail management and parking. All US commercial airport runways are certified by

2296-484: The industry during the COVID-19 pandemic , there have been discussions on the need for systemic improvements in three primary areas: The surfaces where ground operations occur are generally divided into three regions: runways , taxiways , and aprons . Air traffic control (ATC) is the task of managing aircraft movements and making sure they are safe, orderly and expeditious. At the largest airports, air traffic control

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2352-549: The limited coastlines of countries. Much freight transport is done by cargo ships . An individual nation's fleet and the people that crew it are referred to as its merchant navy or merchant marine. According to a 2018 report from the United Nations Conference on Trade and Development (UNCTAD) , merchant shipping (or seaborne trade) carries 80-90% of international trade and 60-70% by value. On rivers and canals , barges are often used to carry bulk cargo . Cargo

2408-539: The mills were sold out in 2001. in 1987, Binny & Co was acquired by Udayar group lead by N. P. V. Ramasamy Udayar . The company was split into multiple units in 2010. Shipping In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Land or "ground" shipping can be made by train or by truck (British English: lorry ). Ground transport

2464-403: The name of an aerodrome may be a commercial decision. In US technical/legal usage, landing area is used instead of aerodrome , and airport means "a landing area used regularly by aircraft for receiving or discharging passengers or cargo". An airport solely serving helicopters is called a heliport . An airport for use by seaplanes and amphibious aircraft is called a seaplane base . Such

2520-558: The one airport terminal allowing ultra-premium customers, such as first class customers, additional services, which are not available to other premium customers. Multiple lounges may also prevent overcrowding of the lounge facilities. In addition to people, airports move cargo around the clock. Cargo airlines often have their own on-site and adjacent infrastructure to transfer parcels between ground and air. Cargo Terminal Facilities are areas where international airports export cargo has to be stored after customs clearance and prior to loading

2576-545: The operation of commercial airports in the rest of the world. The Airport & Airway Trust Fund (AATF) was created by the Airport and Airway Development in 1970 which finances aviation programs in the United States. Airport Improvement Program (AIP), Facilities and Equipment (F&E), and Research, Engineering, and Development (RE&D) are the three major accounts of Federal Aviation Administration which are financed by

2632-425: The passenger's destination. Most major airports issue a secure keycard , an airside pass to employees, to assist in their reliable, standardized and efficient verification of identity. A terminal is a building with passenger facilities. Small airports have one terminal. Large ones often have multiple terminals, though some large airports, like Amsterdam Airport Schiphol , still have one terminal. The terminal has

2688-477: The same piece of equipment and avoiding multiple transactions, trans-loading, and cross-docking without interim storage. International DTD is a service provided by many international shipping companies and may feature intermodal freight transport using containerized cargo . The quoted price of this service includes all shipping, handling, import and customs duties, making it a hassle-free option for customers to import goods from one jurisdiction to another. This

2744-441: The shipper will choose the carrier that offers the lowest rate (to the shipper) for the shipment. In some cases, however, other factors, such as better insurance or faster transit time, will cause the shipper to choose an option other than the lowest bidder. Door-to-door ( DTD or D2D ) shipping refers to the domestic or international shipment of cargo from the point of origin (POI) to the destination while generally remaining on

2800-458: The terms heliport , seaplane base , and STOLport refer to airports dedicated exclusively to helicopters , seaplanes , and short take-off and landing aircraft. In colloquial use in certain environments, the terms airport and aerodrome are often interchanged. However, in general, the term airport may imply or confer a certain stature upon the aviation facility that other aerodromes may not have achieved. In some jurisdictions, airport

2856-470: The total revenue of airports. Aeronautical revenue are generated through airline rents and landing, passenger service, parking, and hangar fees. Landing fees are charged per aircraft for landing an airplane in the airport property. Landing fees are calculated through the landing weight and the size of the aircraft which varies but most of the airports have a fixed rate and a charge extra for extra weight. Passenger service fees are charges per passengers for

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2912-664: The vast majority, often have a single runway shorter than 1,000 m (3,300 ft). Larger airports for airline flights generally have paved runways of 2,000 m (6,600 ft) or longer. Skyline Airport in Inkom, Idaho , has a runway that is only 122 m (400 ft) long. In the United States, the minimum dimensions for dry, hard landing fields are defined by the FAR Landing And Takeoff Field Lengths . These include considerations for safety margins during landing and takeoff. The longest public-use runway in

2968-546: The world is at Qamdo Bamda Airport in China. It has a length of 5,500 m (18,045 ft). The world's widest paved runway is at Ulyanovsk Vostochny Airport in Russia and is 105 m (344 ft) wide. As of 2009 , the CIA stated that there were approximately 44,000 "airports or airfields recognizable from the air" around the world, including 15,095 in the US, the US having the most in

3024-460: The world. Most of the world's large airports are owned by local, regional, or national government bodies who then lease the airport to private corporations who oversee the airport's operation. For example, in the UK the state-owned British Airports Authority originally operated eight of the nation's major commercial airports – it was subsequently privatized in the late 1980s, and following its takeover by

3080-505: Was in dire straits and Parry had to buy the loss-making unit from Binny. In 1903, Binny ventured into coal mining industry and in 1905, it became the local agent for Burmah-Shell , setting up a large storage facility at Royapuram . Under John Alexander Boyson , Binny pioneered electricity and trams in Madras. Binny and Co suffered heavily from the crash of the bank Arbuthnot & Co on 22 October 1906. On 31st October 1906, Binny and Co went into voluntary liquidation. On 16th November, it

3136-573: Was taken over by James Mackay , George Mackenzie and Duncan Mackinnon and resurrected as a private limited firm under the Inchcape group . India's independence on 15 August 1947 further crippled the fortunes of the company. The Buckingham and Carnatic Mills , the company's only venture that was still successful, began to decline and faced losses by the 1970s due to lack of modernisation and damage caused by flooding. The mills closed down their operations in 1996 due to labour unrest and financial losses.and

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