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DHL Supply Chain invests 350 mn Euros in Southeast Asia market

DHL Supply Chain is set to invest 350 million euros ($369.7 million) in Southeast Asia in a bid to boost its customers’ supply chains. According to a company statement, DHL Supply Chain will build 400,000 square meters of warehouse space across the region and plans to create, by 2024, more than 3,000 jobs to meet growing demand. The funds will be invested over the next five years and are part of a number of strategic investments announced over the year, so far adding up to EUR1.35 billion, it said.

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ITA Airways continues digital development with CargoWise

ITA Airways has continued to develop its digital connectivity by linking its systems with the WiseTech cargo management platform. The tie-up means that the Italy-based airline will connect with WiseTech’s CargoWise via APIs and make its capacity available to the platform’s customers, which include 24 of the 25 largest forwarders. Forwarders that use CargoWise will have access to ITA Airways Cargo’s schedules, dynamic rates, capacity, and allotment bookings as well as the ability to change digital bookings. Emiliana Limosani, chief commercial officer ITA Airways, said: “ITA Airways’ growing presence on online cargo booking portals is a key pillar of our business development strategy. “This connection to the CargoWise ecosystem further enables this strategy. The air cargo market is extremely dynamic, and we need to be able to respond quickly and accurately to drive customer experiences with ITA Airways.”

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Varuna Group to open multi-user warehouse in Rudrapur

Varuna Group is all set to launch its second largest Multi-User Facility (MUF) warehouse in Rudrapur, slated for early 2024. Spread over 3,40,000 square feet, the warehouse will be their second built-to-suite MUF, taking their total footprint to 1.71 million sq.ft. in India. Located in Bara Village of Kichha tehsil, Udham Singh Nagar district in Uttarakhand, India. The warehouse is a state of the art Multi User Facility well connected with the industrial hubs of Sitarganj & Pant Nagar. The Grade A Warehouse will provide seamless and centralised access to multifaceted storage solutions. This milestone signifies Varuna’s unwavering commitment to meeting the evolving demands of its customers while fostering growth and prosperity in the region. It is positioned on the highway to cater for seamless connectivity for its industrial partners. Being in close proximity to key industrial areas of Sitarganj & Pant Nagar, which cater to large scale industrial activity in sectors linked to auto parts, food processing & capital goods, make it an ideal choice for businesses seeking efficient supply chain management and warehousing solutions.

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inDrive launches cargo transport services in Delhi, NCR, Mumbai

Global mobility and urban services platform inDrive announced its foray into the domestic logistics market with the launch of its freight services in three cities, including Delhi-NCR and Mumbai. California (US)-based cab aggregator said it has made its India market debut after recognising the immense potential and demand for efficient and cost-effective freight transportation services in the country.

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‘Promoting transit cargo hubs vital to boost EXIM trade’

On the airports front, the government is in the process of developing a concept paper to promote hub airports in India. This initiative aims to position India as a hub for both passenger and cargo traffic, further enhancing its role in international trade and logistics, says Pradeep Panicker, CEO, GMR Hyderabad International Airport (GHIAL). He adds, “The airport is geographically well positioned in India to be a transshipment hub. Increased transhipment activities will enhance connectivity, which will improve the delivery times for Indian EXIM cargo as well. With the majority of key locations in India located within a two hours flying distance and the ability to connect to the Middle East and South East Asia within 5-6 hours, Hyderabad is well equipped to facilitate both intra-India (I2I) regional connectivity and international transshipment connections from destination to India ( D2I) and from India to destination (I2D). While there is a strong push for “Make in India” and “Make for the world”, South-East Asia, including China still forms a substantial manufacturing base for the world. Consequently, there is a robust flow of goods from ASEAN countries to the Middle East, Europe and the US. India’s geographical position places it in the middle of this route, providing opportunities to leverage this dynamic. Airlines can achieve scale economies by consolidating cargo from Eastern countries along with the finished goods from India and transporting them to the Middle East and West at more competitive rates. The sectors like textiles, electronics, pharma, perishables, aerospace & defence offer significant opportunities for growth. Such an approach will not only boost transhipment cargo, but also impact the export and import cargo positively, as freight rates may decrease due to …

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CJ Darcl, Tata Motors partner to expand fleet, services

CJ Darcl Logistics signs a Memorandum of Understanding (MoU) with Tata Motors to strengthen and enhance CJ Darcl’s fleet of vehicles and explore options of logistics services. The MoU was signed on 11th October 2023, in the presence of Krishan Kumar Agarwal, Managing Director of CJ Darcl Logistics Limited; Kang Sin Ho, CEO of CJ Logistics Corporation; Girish Wagh, Executive Director of Tata Motors Limited and Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors. Post the MoU, the companies would deliberate on possibilities to enhance CJ Darcl’s fleet and make their operations greener. The engagement also intends to make CJ Darcl’s operations more efficient with comprehensive annual maintenance contracts, dedicated service team and streamlined after-sales processes. With Tata Motors advanced trucks and expertise in fleet management through value-additions, telematics systems and service network, CJ Darcl aims to set new benchmarks in the Indian logistics industry. Kang Sin Ho, CEO of CJ Logistics Corporation said, “India has been a dynamic market for logistics and is anticipated to remain a growth outperformer. According to CRISIL MI&A, India’s GDP is expected to grow at an average of 6.1% between fiscal 2025 and 2027, compared with 3.1% globally as estimated by International Monetary Fund. In this direction, the Indian government introduced the Gati Shakti Scheme, National Logistics Policy, Bharatmala Pariyojana, and Sagarmala which became the key enablers of logistics in India. Further to bolster our efforts to provide logistics solutions, we have collaborated with Tata Motors Limited. This is aimed at bringing operational efficiency to the forefront. The engagement will focus on evaluating cost-effective vehicle deployment to strengthen CJ Darcl’s fleet, whilst providing on-ground support.”

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Porter expands logistics services in Kanpur

Porter, tech-based on-demand logistics company has expanded its services to Kanpur, focusing on efficient and hassle-free goods movement. The company aims to serve Tier-II & Tier-III markets and leverage Kanpur’s strategic location for logistics connectivity. Kanpur’s proximity to major highways and railways, as well as upcoming industrial corridors, makes it an attractive transit point for goods. Porter’s entry into the city will enhance logistics connectivity and attract capital investment, considering Kanpur’s growing industrial hub status. Porter plans to onboard over 600 driver-partners to drive intracity logistics services in Kanpur, aiming to increase the number to more than 3,000 within the first year. The expansion is expected to generate employment for over 12,000 people, with a target of 20,000 customers in the first year.

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BYD India has partnered with OHM e-Logistics to deliver 300 e6 ePVs

BYD India has partnered with OHM e-Logistics to deliver 300 e6 ePVs across India As per the company, in the next six months, BYD India will deliver 300 BYD All-New e6 vehicles to OHM E Logistics. In the first phase of this project 50 state-of-the-art BYD e6 vehicles were flagged off in Hyderabad on Monday. BYD e6 boasts of a remarkable 71.7 kWh Blade Battery, delivering an impressive WLTC (Worldwide Light Vehicles Test Cycle) city range of 520kms and a combined range of 415kms on a single charge. BYD India, a subsidiary of the leading New Energy Vehicles (NEV) manufacturer, has partnered with OHM e-Logistics, an electric cab aggregator and cargo leasing App platform, tracking and fleet management business to deliver 300 e6 electric passenger vehicles across India in the next 6 months. As per the company, in the next six months, BYD India will deliver 300 BYD All-New e6 vehicles to OHM E Logistics. In the first phase of this project 50 state-of-the-art BYD e6 vehicles were flagged off in Hyderabad on Monday. This marks a significant milestone for both the companies, as they take a substantial step forward in providing cleaner and more efficient transportation options for the residents and businesses of cities such as Delhi, Mangalore , Goa , Tirupati and many more to operate as premium fleet services.

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LogiNext achieves 95% fleet management compliance rate to boost logistics ops

LogiNext announced it has helped businesses worldwide achieve 95% fleet management compliance requirements, reduced accidents by 30% and lowered insurance premiums by 50% with the help of their Vehicle Tracking System (VTS). Compliance has long been a challenging and overlooked aspect of fleet management for businesses across various industries. Only when compliance issues arise, do companies realize the critical need for a system to mitigate the disarray. LogiNext’s VTS is spearheading the charge to ensure business compliance by placing a strong emphasis on driver behavior and vehicle maintenance. This system empowers operations managers with the confidence to lead their operations efficiently and effectively. As the logistics industry grapples with the complexities of the supply chain, LogiNext addresses two pivotal areas of focus. First, the company strives to align driver behavior with safety standards to keep vehicles in optimal condition. Second, LogiNext ensures that drivers follow assigned routes, thereby avoiding unplanned downtime and rising operational costs. LogiNext’s Vehicle Tracking System has been instrumental in helping enterprises worldwide achieve compliance standards. By combining real-time tracking with intelligent analytics, the platform provides complete visibility into driver behavior—a feature that few delivery management platforms can offer. This visibility includes monitoring over speeding, abrupt braking, and route deviations, resulting in instant alerts and comprehensive reports. As a result, LogiNext has successfully reduced accident rates by 30%, slashed insurance premiums by over 50%, and enhanced overall road safety measures.

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Global air cargo volumes up by 6% in Sep as shippers opt for long term contracts

Global air cargo volumes up by 6% in September as shippers and forwarders opt for long term contracts, according to the latest weekly performance data from CLIVE Data Services, part of Xeneta. Increasing shipper and freight forwarder confidence in a more stable global air cargo market led to a higher commitment to longer-term freight contracts in September as a drop in capacity and traditional month-over-month seasonality pushed volumes up +6%, The number of shippers committing to airfreight contracts of 6+ months in Q3 2023 rose to 34% from 28% in the previous three months, Xeneta says, as the industry comes to terms with a new baseline for the general air cargo market. “This is not a peak season, it is a sign that airlines, freight forwarders, and shippers are finding more common ground to enter longer-term agreements. We previously referenced no macro and market currents to support an expectation of a peak season, and this is still the case. We also said if there was to be an uptick in rates, we would expect this to be mainly driven by the supply side than the demand side, and this also still holds true. The general air cargo market is entering a new phase where parties are not expecting the market to go much higher or much lower. It is finding its feet again. We see more longer-term contracts being signed and this only happens when people feel more comfortable about the now and the foreseeable future. It is easier to make a commitment now than when the market is on a sharp downward or upward trajectory. There is a firmer floor in place,” said Niall van de Wouw, Chief Airfreight …

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