Fintech firm Velocity has unveiled Shipfast, a solution designed to assist direct-to-consumer (D2C) businesses offer quicker deliveries through their own platforms. Shipfast features 4-hour, same-day, and next-day shipping options, which will enable faster order fulfilment. The solution is designed to address major issues such as delivery delays, long issue resolution times, and inaccurate tracking. Velocity has collaborated with leading logistics firms like Ekart, Delhivery, Shadowfax, and Ecom Express, to improve the efficiency of shipping workflows and reduce the operational overheads for the brands. “Shipfast is a natural step in our evolution. While access to capital drives 40-50 per cent growth for D2C brands, faster deliveries can unlock an additional 30-40 per cent growth by increasing customer conversions,” Abhiroop Medhekar, Co-founder & CEO, Velocity, said.
Read More »‘State-wise logistics plans to boost India’s economic growth’
Amitava Bakshi, President, Association of Supply Chain Professionals (ASCP) said, “State-specific logistics plans, aligned with the National Logistics Policy, play a pivotal role in transforming India’s logistics landscape. By addressing regional needs and promoting sustainable practices, these initiatives contribute significantly to the nation’s economic growth and development. As of September 2023, 22 states and Union Territories have notified their respective State Logistics Policies (SLPs), aligning with the National Logistics Policy (NLP) to bring a holistic focus on logistics at the state level. They will attract more investments in the states due to creation of conducive environment for logistics operation. It will also promote the use of cleaner fuel like LNG to reduce the carbon footprint of logistics operation.”
Read More »Int’l air cargo ops to resume in Vizag after 4 years
Visakhapatnam (Vizag) Airport is set to resume international air cargo operations after 4 years (2019-20). The cargo operations will be managed by the Andhra Pradesh Trade Promotion Corporation (APTPC). The resumption of operations at the Vizag Airport will greatly benefit the industries like pharmaceuticals, textiles and seafood. Back in 2019-20, Vizag handled 470 tonnes of international cargo. The absence of air cargo facilities at the airport (since 2019-20) hampered the growth of local businesses in the region. Vizag’s Member of Parliament, M Sribharat has played a key role in facilitating discussions with authorities and central committees, which eventually paved the way for the resumption of international air cargo operations at the airport. “I extend my heartfelt thanks to Union Minister Ram Mohan Naidu and State Minister Nara Lokesh for making this development possible,” he said.
Read More »Blue Dart unveils India’s largest IOF at Bijwasan, Delhi
Blue Dart has launched Low-Emission Integrated Operating Facility (IOF) in Bijwasan, Delhi. This facility, equipped with solar power installations, connects multiple air and ground services between North India and the rest of the country. The integrated operating facility is strategically located along the Dwarka Expressway in Bijwasan, Delhi, enhancing connectivity across the Northern region. By fortifying freight movement and providing robust multimodal connectivity, this state-of-the-art, 2.5 lakh sq. ft. facility aligns with the PM Gati Shakti National Master Plan and demonstrates Blue Dart’s vision on advancing India’s express logistics infrastructure. “The Bijwasan facility is more than an infrastructure investment—it reflects Blue Dart’s commitment to sustainability, scalability, and service excellence. As India’s largest low-emission integrated logistics hub, it enhances our distribution capabilities, reinforcing our promise of efficient, more sustainable cargo movement. By strategically expanding our network with state-of-the-art facilities and adopting advanced technologies, we continue to drive flexibility, accuracy, and speed across our operations,” Balfour Manuel, Managing Director, Blue Dart, said.
Read More »Air India extends collaboration with SATS and WFS
Air India has renewed 11 cargo and ground handling contracts with SATS and its subsidiary Worldwide Flight Services (WFS). Along with the renewed contracts, Air India has awarded 14 new contracts across major airports in Asia, Europe, Middle East and North America. Chicago, Washington Dulles, London Heathrow, Frankfurt, Kuala Lumpur, and Hong Kong feature in the list of prominent locations as part of cargo handling and ground handling contract. “Streamlining our logistics processes and enhancing service levels across passengers and cargo are instrumental to the ongoing transformation of Air India. By strengthening our partnership with SATS and WFS, we look forward to delivering a world-class operation for our customers around the world,” Ramesh Mamidala, Head of Cargo, Air India, said.
Read More »Govt. must take initiatives to improve last-mile connectivity
Ketan Kulkarni – Managing Director – Gati Express and Supply Chain in his Pre-budget quote says – “Aligned with India’s ambitious vision of becoming a $7 trillion economy by 2030, Budget 2025 must prioritise rapid infrastructure development to enable the logistics and transportation sector to realise its full potential as a catalyst for economic progress and sustainable growth. We hope Budget 2025 will reflect the government’s commitment to continuity in reforms, stable decision-making, and progressive policies. Such measures can unlock industry potential by promoting breakthrough technological innovations, empowering start-ups to adapt to an evolving landscape, and bolstering the sector’s competitiveness and resilience. The industry anticipates bold initiatives aimed at improving last-mile connectivity and transformative reforms to strengthen the logistics and transportation ecosystem. A key expectation is the incentivisation of EV charging infrastructure, which is critical to driving sustainability through greater adoption of electric vehicles in logistics operations.”
Read More »Air Cargo capacity surges 10% in 2024
As per the reports, the air cargo capacity in 2024 reached double-digit growth (10 per cent) in 2024. The freighter capacity grew by 8 per cent in 2024, demonstrating the industry’s dependence on the dedicated freighters for carrying out bulk cargo. The air cargo capacity for Asia Pacific-North America trade lane surged 15%, whereas the Asia to Europe route saw an increase of 16 per cent in cargo capacity. The growth in these two lanes was mainly fuelled by the unprecedented demand of e-commerce in the year 2024. The air cargo capacity for Asia-Middle East and Middle East-Europe routes surged 17 per cent and 15 per cent respectively, mainly because of the modal shift from sea to air due to red sea crisis.
Read More »Tax simplification, more MMLPs crucial for logistics industry
Addressing his pre-budget expectations for the logistics industry, Gayomard Driver – Executive Director & Group Chief Financial Officer Jeena and Company says – “As a key driver of India’s economic growth, the logistics industry anticipates ‘The Union Budget 2025’ to prioritize efficiency and innovation. Simplifying GST, accelerating multi-modal logistics parks, and incentivizing green logistics are essential to align with the National Logistics Policy. While technology will continue to be the transformative power revolutionising logistics operations and enhancing connectivity; it is equally important to focus on the training and skill development of aspiring professionals to remain competitive in the digital era.”
Read More »DP World surpasses 100 Mn TEU mark, growth driven by expansions
DP World has crossed 100 million TEUs of container handling capacity across its global portfolio since its establishment. The accomplishment is a result of more than $11 billion worth of investments in infrastructural developments over the past few years. In the last decade, DP World’s capacity has grown 33%, driven primarily by expansions and new greenfield developments as well as acquisitions. Its global gross container handling capacity rose by 5% in the last 12 months. The expansion cements DP World’s 9.2% share of the global container market, which speaks volumes of company’s commitment to invest in the markets it operates. “Crossing the 100 million TEU mark is a momentous milestone in our journey, which began 45 years ago. This achievement reflects our commitment to investing in world-class ports and logistics infrastructure to make trade flow. We are confident that the global container market will continue to grow in the years ahead and we will have the capacity to service it,” Sultan Ahmed bin Sulayem, Group Chairman and Chief Executive of DP World, said.
Read More »Allcargo Terminals extends partnership with CWC Mundra
Allcargo Terminals has renewed its subsidiary Speedy Multimodes’ partnership with Central Warehousing Corporation (CWC) Mundra. This renewal, secured through a six-year agreement with CWC, ensures the continuation of services at Container Freight Station (CFS) in Mundra. As one of two strategically located facilities operated by Allcargo Terminals in Mundra, it is well-equipped to provide flexible solutions and the required capacity to meet the rapidly growing EXIM trade demands at this key port. The CFS has an annual cargo-handling capacity of 1,80,000 TEUs. Located 7 km from the Port, the Mundra CFS offers a host of services including export handling, hazardous and specialized cargo handling, bonded and non-bonded warehouse, reefer monitoring service, direct port delivery, ISO Tank and first and last mile delivery. “Being the widest and largest CFS operator in India, we bring the finest CFS services to the exim trade at the Mundra Port. The renewal of the contract with CWC ensures that users will continue to avail our comprehensive services at our Mundra CFS,” Ashish Chandna, Chief Executive Officer, Allcargo Terminals said.
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