Cargo Breaking News

ESR, Future to develop 2 logistics parks with ₹300 crore investment

ESR announced partnership with Future Group to develop two logistics parks with an investment of ₹300 crore. To be located at Nagpur and Gurugram, the logistics parks will span 75 acres with a potential development of around 1.3 million sq. ft. It is estimated that this investment shall be made to develop two state-of-the-art industrial and warehousing parks to service northern and central regions. The logistics parks will be jointly developed by Future Group’s Future Market Networks and ESR, with the latter as the majority partner. “This partnership will strengthen ESR’s presence in India to six cities and we expect this strategic alliance to expand further in several newer geographies in the next one to two years,” said Abhijit Malkani, Country Head, ESR India. He added that, in association with CONCOR Dadri, it is the commitment of CMA CGM Logistics Park Dadri to work out all modalities and deliver efficient services to its customers in every possible way.

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CMA CGM Logistics Park Dadri begins block train service from ICD Dadri to Mundra

CMA CGM Logistics Park Dadri has started planning and running dedicated block train services, with all-export containers booked by its CFS, from ICD Dadri to Mundra in association with CONCOR Dadri. Capt. V. M. Bawa, CEO, CMA CGM Logistics Park Dadri, informs, “The services would be on regular/weekly basis and this initiative will benefit the export trade at ICD Dadri in offering direct train services to Mundra with average transit time of approx. 72 hours.” The first dedicated block train service, comprising 45 FEUs to Mundra, was flagged off on the night of September 2, 2019 from ICD Dadri by Capt. Bawa in the presence of CONCOR staff and the Station Superintendent of Dadri station. The second dedicated block train from ICD Dadri departed soon after, on September 4 for Mundra with another 45 FEUs booked by the CFS.

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AAI to add space to its export dock at Chennai airport

Airports Authority of India (AAI) is planning to add space to its export dock to expand the cargo handling capacity of the Chennai airport. The dock is an automated facility where trucks unload export consignments in the cargo complex. This decision is expected to speed up the handling of cargo as AAI has been getting complaints of trucks queuing up at night at the export dock. Adding space to the export dock can improve infrastructure, an area where the Chennai airport is losing out to other airports. Chennai airport is also suffering a decline in cargo demand as per global slowdown. AAI data show that international freight movement in Chennai declined by 13.2 per cent and domestic by 20.3 per cent in April to July 2019, compared to the same period last year, making it the lowest when compared to major airports, except Kolkata.

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Sunil Arora is the new ACAAI President

The Air Cargo Agents Association of India (ACAAI) has appointed Sunil Arora of Delta Air Freight as the President of ACAAI for 2019-2020. Arora, who held the post of Vice President earlier, takes over from TA Varghese of Aroscan Cargo Trade. Afzal Malbarwala of Galaxy Freight, who previously served as Secretary General, has now been appointed as the Vice President of ACAAI. CK Govil of Activair Airfreight India and Anil Vazirani of Robinsons Cargo & Logistics have taken over as Secretary General and Treasurer, respectively. The announcements were made during the 49th annual general meeting in Mumbai. The ACAAI Annual Convention 2019 will be held from November 21-24 at The Westin Siray Bay Resort & Spa, Phuket.

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Cargo services to commence from Andhra Pradesh’s Rajahmundry Airport soon

M Raja Kishore, Airport Director, Rajahmundry Airport, states that cargo services will commence from the airport soon. In a stakeholders meeting, it was identified that agro, marine, fish, soft crab and pharmacy shrimp would be the main cargo. The committee will submit a report to the central government for clearance relating to operation of cargo services and the operations will be commenced shortly. Kishore further says, “There were abundant opportunities for cargo services from the airport as rice, vegetables, fruits, coconuts, aqua, fish and coir can be transported across the world from this airport and it is centrally located between Amaravati and Visakhapatnam.”

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Blue Dart to hike average shipment price by 9.8 per cent from January 1, 2020

Blue Dart Express announced its General Price Increase (GPI), effective January 1, 2020. The average shipment price increase will be 9.8 per cent as compared to 2019, dependant on the shipping profile. The price increase will apply to all customers signed up until August 31, 2019, those signing up between September 1– 30, 2019 will continue to enjoy benefits at the existing rates, till December 31, 2020. A GPI free period of September 1-30, 2019 for new customers also announced first time ever. This is generally applicable to sign ups between October to December of the previous year. Customers signing up from October 1 to December 31, 2019 will not be impacted by the price increase. Commenting on the announcement, Balfour Manuel, Managing Director, Blue Dart, said, “The price adjustment will allow us to further enhance our capabilities and enable us to delight our customers by providing them high quality solutions and services, best-in-class technology and innovative products”. Ketan Kulkarni, CMO & Head – Business Development, Blue Dart, adds, “Blue Dart has made strategic investments ahead of the curve to remain agile and adaptive in a dynamic environment. These include expanding our reach, improving transit times, network optimisation, infrastructure and technology solutions and focusing on emerging markets, SMEs and key sectors”. Blue Dart adjusts its prices annually, considering inflation, currency dynamics, fuel cost fluctuations and other rising regulatory and mandatory costs, such as expenses related to compliance for the workforce with enhanced security regulations across the large number of locations its services.

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India’s first Automated Sorting Center in Gurgaon and Pune by TCIEXPRESS

The new 2 lakh sq. ft. sorting centre at Gurugram will be located at Farukhnagar and 1.5 lakh sq. ft. sorting centre at Pune will be located at Chakan. The construction is expected to be completed by end of the current fiscal year and operations are anticipated to begin from Q1 FY2021. The owned sorting centres will create ample opportunities for investment in complete automation and implementation of business intelligent tools which will result in direct cost reduction benefits, shorter turnaround time and enhanced operational efficiencies in the long run. Chander Agarwal, Managing Director, TCI Express, says, “The target capital expenditure outlay for the year has been revised to Rs 80 crore which will essentially be utilised towards construction and IT infrastructure. The investment in two new sorting centres will generate new growth opportunities for business and create value for all our stakeholders in the long run.”

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LogYcode mobile app available on Google Play Store

Digital integration and technological remodeling are imperative for simpler, cost-effective, convenient, transparent and accurate implementation of supply chain functioning. LogYcode has launched the mobile app to serve the need of the hour. With the app, the user can now check and compare live market freight rates, book shipments, refer to tariffs, create and manage freight documents, track shipments, get bill invoices, book transportation, 24×7 chatbot and customer service, on the go using the LogYcode Mobile Application which is freely available on Google Play store for download. This is the 21st century, which is mushrooming towards technological infinity, positioning people’s expectation at the zenith degree. Logistics industry is no exception in terms of technological advancement. The industry is enduring the progress steadily, however, still lags for handy and consumer friendly processes. It is high time the cargo fraternity experiences easy access platforms and applications to effectuate supply chain tasks. Why not have pocket logistics services!

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CBIC to identify what is slowing cargo movement

The Union Government is conducting a nationwide survey to identify delay points in the cargo movement. The survey is being conducted simultaneously across 15 ports — sea, air, land and dry — that account for 81 per cent of bills of entries for import and 67 per cent of shipping bills for export. From August 1-7, surveys were conducted for seaport and inland container depots and for air cargo, the survey is getting conducted in the first week of September. The exercise to identify bottlenecks and their removal is supposed to expedite the cargo movement and escalate the trade. The Central Board of Indirect Taxes and Customs (CBIC), under the Department of Revenue, is carrying out the survey. The nationwide survey will look at causes of delays in movement of consignment caused by regulatory constraints, logistical issues in supply chains, or lack of infrastructure.

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FreightBro and JOC organise India Logistics Technology Summit

FreightBro, associated with the Journal of Commerce, hosted their first India Logistics Technology Summit at the Centre of Incubation and Business Acceleration, Navi Mumbai. The summit witnessed sessions on how software can make key ocean freight processes and capabilities more efficient and less costly, potentially positioning India as the key growth market for world trade in the coming years. The panel discussion brought up interesting conversations and observations; plug and play software start-ups offer a layer of flexibility and standardisation to the freight-forwarding community, the technology platforms act as salespersons reducing customer acquisition costs and older players are opening up to technology once they realize that it is enabling them in all possible ways.

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