Welspun One in partnership with JLL announced the successful acquisition of a prime 22-acre site along the Bilaspur-Tauru Road in the Gurgaon/NH-08 corridor. This transactionfacilitated by JLL, represents a significant milestone in Welspun One’s strategy to expand its logistics park footprint in India. The acquired land, situated in India’s most active logistics sub-market, is recognized for its strategic importance. According to JLL, the Gurgaon/NH-08 corridor boasts a total supply of 64 million square feet for Grade A & B spaces as of H1 2024, positioning it as the largest logistics sub-market in India, followed by Bhiwandi in Mumbai. Gurgaon/NH-08 sub-market witnessed a gross absorption of 3.7 million square feet in H1 2024, almost doubling the absorption recorded during the same period in the previous year (H1 2023). This significant increase in absorption underscores the robust warehousing demand in the region. “This land transaction is unique in the sense that it’s a long lease of aggregated land from multiple private landlords – an emerging transaction typology in the country i.e. lease over outright,” said Yogesh Shevade, Head – Logistics & Industrial, India, JLL The site is ideally positioned near existing major logistics parks, enhancing its appeal to tenants. Welspun One’s proposed development will complement the surrounding infrastructure, which includes notable tenants like leading 3rd party logistics players, e-commerce giants and retail players. Mr. Anshul Singhal, Managing Director, Welspun One, stated, “This acquisition marks a significant step in expanding our footprint in one of India’s vital logistics corridors. By leveraging this prime location, we aim to create a cutting-edge logistics hub that will not only support our tenants’ operational efficiencies but also contribute to India’s broader economic growth. We are committed to …

Focusing on the ongoing crisis in Bangladesh and its impact on trade of garments, Delhi International Airport spokesperson said, “The ongoing crisis in Bangladesh has certainly impacted the Garments exports out of Bangladesh. Around 1000 manufacturing units, which were manufacturing clothes for leading brands like H&M and Zara were shut down. The supply chain is impacted for the time being. But, we are hopeful the situation will soon improve with production restarting and export cargo start moving. Bangladesh is the country where ~ 85% exports are Ready Made Garments(RMG). As of now, there have been some supply chain disruptions due to which many production houses are closed and many trucks carrying the finished goods are stuck inside Bangladesh. We are in touch with our partners and are hopeful the situation will be better soon and trucks will be able to come to DEL.”

  Turkish Cargo has received IATA’s Smart Facility Operational Capacity (SFOC) Certification for its SMARTIST facility at Istanbul Airport. This certification confirms that Turkish Cargo’s operational procedures comply with IATA regulations (IATA Cargo Handling Manual, Dangerous Goods Regulations, ULD Regulations, Temperature Control Regulations, Live Animals Regulations and Perishable Cargo Regulations). The certification demonstrates the compliance of handling and storage processes, from the acceptance of all special and general cargo to their loading onto the aircraft, with global standards. At SMARTIST, cargo is stored and transferred using a computer-controlled automated storage and retrieval system (ASRS). This eliminates the need for an operator or forklift, said Turkish Cargo.

KSH Infra announced its plans to invest around Rs 450 crores for the development of its first Industrial & Logistics (I&L) Park in southern India. This major project, located in Hosur, Tamil Nadu, strategically near the Karnataka border and Bangalore market, will cover approximately 50 acres and offer a development potential of 1.25 million square feet, setting a new benchmark in the region’s industrial infrastructure. Situated on the Hosur-Rayakottai Road, near the new Tata Electronics facility, the Hosur I&L Park is poised to become a landmark in the region’s industrial landscape. The project is expected to generate employment for over 1800 people and will attract substantial interest from industrial and warehousing clients seeking state-of-the-art infrastructure over the next 3-4 years. The Hosur project signifies KSH INFRA’s strategic expansion beyond its home base. The company has established a strong track record, having delivered approximately 4 million square feet of Grade A Industrial & Logistics (I&L) Parks in Pune. This achievement was supported by an investment of over INR 1,200 Crores in developing four Industrial & Logistics (I&L) Parks in Talegaon and Chakan (Maharashtra). “Logistics parks have become a crucial part of India’s real estateinfrastructure, providing businesses with cost savings and improved service quality. This project demonstrates KSH INFRA’s commitment to sustainable development, vision for growth and innovation in the Industrial & Logistics real estate sector,” said Rohit Hegde, Managing Director of KSH INFRA.  He further added, “Our strong financial position enables us to pursue new opportunities in Chennai, Bangalore, and Mumbai while leveraging our established presence in Pune. The advanced stage deals we are pursuing in these markets reflect our dedication to strategic growth and long-term success.” KSH INFRA’s journey is part …

Ahead of the expected annual peak season in air transport, DB Schenker has chosen cargo.one to digitally connect with dozens more airlines from across the globe. The collaboration enhances the global logistics service provider’s portfolio of live capacity access from nine originally to over 50 airlines in total. From now on, DB Schenker can better identify suitable capacities and fitting rates for ad-hoc shipments of its customers. Thorsten Meincke, Global Board Member for Air & Ocean Freight, DB Schenker: “We continue to digitalize transportation by establishing solutions that are highly demanded on the market. By boosting our access to available airline capacities, we save time for our customers and make processes faster, smoother, and more efficient for them. cargo.one is the perfect fit for this endeavor as they bring profound expertise in managing the massive amount of real-time data to the game.” Christa Koenen, Global Board Member for Information Technology and Digitalization (CIO/CDO), DB Schenker: “Every day we strive to lead the digitalization of the freight forwarding industry. With more than 150 years of business expertise, we aim to choose the ideal external providers to build up new options based on innovation and technology. Efficiency gains accomplished through IT help to make the entire logistics industry more resource efficient. The more carriers DB Schenker connects to digitally, and thus automates and optimizes processes, the better the final choice for our customers will be. The concept is comparable with automated last-minute deals from airlines or travel agents.”

The quick recovery of July’s global IT outage produced no significant ongoing disruption to resurgent air cargo demand, with rates rising for a sixth consecutive month, according to the latest market analysis by Xeneta.   Global average air cargo spot rates reached USD 2.66 per kg in July, +20% higher year-on-year. This was again driven by strong global cargo demand growth. July volumes rose +13% year-on-year, thanks to buoyant e-commerce demand from Asia as well as the comparatively low demand base in the corresponding month in 2023. In contrast, global air cargo supply grew at a much slower pace of +2% year-on-year this July. Demand growth alongside only a modest increase in capacity supply produced an expected boost to the global dynamic load factor. It exceeded last year’s level by five percentage points, reaching 59% in July. Dynamic load factor is Xeneta’s measurement of capacity utilisation based on volume and weight of cargo flown alongside available capacity.

  Blue Dart has expanded its direct reach to over 300 pin codes to commemorate India’s 78th Independence Day, themed ‘Viksit Bharat’. This expansion represents a significant increase in the company’s direct coverage capabilities. By leveraging Blue Dart’s connectivity to these additional pin codes, businesses can enhance their supply efficiency through faster, safer, and more cost-effective movements. Customers will benefit from improved transit times, reliability, and access to a broader network. On this development, Balfour Manuel, Managing Director, Blue Dart, said, “By expanding our direct reach to more pin codes, we enhance accessibility and empower SMEs and MSMEs to connect and expand their business to both domestic and international markets. This aligns with the spirit of India’s 78th Independence Day theme and highlights our commitment to growth, operational excellence, and a customer-centric approach as our key market differentiator.” Blue Dart offers an extensive service network of secure and reliable express delivery services, covering over 56,000 locations nationwide. This expanded direct reach reinforces Blue Dart’s commitment to customer satisfaction by connecting to more geographies directly and facilitating business growth. The company’s robust infrastructure includes a fleet of 8 Boeing aircraft, over 33,000 on-ground vehicles including 480+ E-vehicles, and 2,253 facilities nationwide, guaranteeing swift and secure deliveries. Blue Dart, as part of the DHL Group’s DHL eCommerce Solutions division, leverages the world’s largest express and ground network to extend its reach to over 220 countries and territories globally. Blue Dart’s comprehensive service offerings empower SMEs and MSMEs by providing the essential logistics support needed to expand their services and direct reach even the most remote areas. By enhancing the operational capabilities of small and medium-sized enterprises, Blue Dart enables them to thrive …

Mahindra Logistics in collaboration with Sangti Solutions an AI powered sustainability startup announced a technology collaboration offering EmissionAnalytics to innovate and optimise end-to-end supply chain operations. Focusing on Scope 3 climate pollution, the partnership will provide Carbon emission KPIs for sectors such as auto, telecom, e–commerce, manufacturing, and white goods across full truck load, part truck load, warehousing, and cross border solutions. Accelerating the company’s commitment to Net Zero, this collaboration aligns with Mahindra Logistics Environmental, Social, and Governance (ESG) commitments, supporting the broader goal of greensupply chains. The company continually empowers its customers and partners to decarbonise their supply chains, adopt greener operational models, and mitigate carbon output through advanced tools. Mahindra Logistics green logistics ecosystem is a suite of solutions designed to help the company achieve its goal of becoming carbon neutral by 2040. It includes carbon –neutral warehousing solutions, sustainable transportation practices, an EV fleet for last mile delivery, plantation initiatives, energy efficiency improvements, and advancements in alternate fuels such as LNG and hydrogen.

  Qatar Airways Cargo has selected Octoloop by Cargo Flash as its digital cargo booking platform via its wallet services from India, starting with Delhi and Mumbai. This partnership is set to revolutionize the cargo logistics landscape, offering streamlined operations and increased efficiency for Qatar Airways Cargo by giving opportunities to incremental freight forwarders to connect with Qatar Airways Cargo and take advantage of its air freight services on the airline’s extensive network. With an emphasis on seamless digital cargo bookings, Octoloop offers an array of features tailored to meet the evolving needs of the industry, including: • Real time rates with dynamic pricing • Connecting SMEs directly with the airline • Instant capacity bookings • Revenue enhancement opportunities • Cost-effective and scalable solution Faisal Karamat, Vice President Cargo Customer Experience at Qatar Airways Cargo reflected on the strategic benefits, stating, “Adopting Octoloop aligns perfectly with our goals to maximise our reach in markets and offer superior service to our customers enrolled via the pay module. This tool will not only enhance our customer base but also support our growth ambitions in the Indian market. Digitalisation is a key pillar of our strategy and by providing our customers in India with another option to book online via Octoloop, we are enhancing our omni-channel offering too.” Jasraj Chug, Co-Founder and Director of Cargo Flash, shared his vision for the partnership, stating, “Our collaboration with Qatar Airways Cargo marks a milestone in digital logistics. Octoloop is designed to transform cargo operations by enhancing efficiency and connectivity. We are excited to see how this partnership will greatly benefit the logistics ecosystem in India.” Cargo Flash Infotech, a pioneering IT & business solution provider …

  The Maharashtra government has approved the Logistics Policy 2024,aimed at revolutionizing the state’s logistics infrastructure and generating approximately 500,000 job opportunities. The policy includes the development of over 200 logistics parks, complexes, and truck terminals equipped with advanced facilities. Infrastructure Development involves Establishment of more than 10,000 acres of dedicated logistics infrastructure. Plans to Create 25 district logistics nodes, five regional logistics hubs, five state logistics hubs, one national logistics hub, and one international logistics hubs. Plans to Promote high-tech logistics through Artificial Intelligence (AI), Blockchain technology, robotics, automation, IoT, digitization, drones, and fintech to create tech-savvy. To be developed in the Navi Mumbai-Pune region on 2,000 acres, linked to the new international airport at Panvel, with a budget of ₹1,500 crore. National Mega Logistics Hub: Located in the Nagpur-Wardha area on 1,500 acres, connected to the Mumbai-Nagpur Expressway, with an allocation of ₹1,500 crore. State Logistics Hubs: Five hubs covering 500 acres each in Chhatrapati Sambhajinagar-Jalna, Thane-Bhiwandi, Ratnagiri-Sindhudurg, Pune-Purandar, and Palghar-Wadhawan, with ₹2,500 crore allocated. Regional Logistics Hubs: Five hubs covering 300 acres each in Nanded-Degloor, Amravati-Badnera, Kolhapur-Ichalkaranji, Nashik-Sinnar, and Dhule-Shirpur, with a budget of ₹1,500 crore.