Category Archives: Supply Chain

FarEye expands in the Americas

FarEye is all set to take on America’s logistics market. The company has announced the appointment of Larry Klimczyk as President, Americas. He will be responsible for the expansion and growth of FarEye customers and solutions throughout the region. This is one of the key steps in FarEye’s strategy to expand its business foothold in the region and build a strong local team. The organisation plans to hire more industry experts and open a local office in Chicago to be closer to its growing customer base. “We are very excited to welcome Larry, a veteran from the industry, to take the lead at FarEye Americas as it represents one of the fastest growing markets for us,” said Kushal Nahata, CEO & Co-founder, FarEye.

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SA Consultants launches Logycode for simpler airfreight purchases

SA Consultants & Forwarders has launched Logycode, an e-commerce start-up to make the cost-effective match between exporters and importers on the one hand and air freight carriers on the other. The idea behind the initiative is to create an e-marketplace where customers can shop and ship easily and grow their business efficiently. The platform plans to change the traditional way the customer reaches out for his logistics needs. One of the key objectives is to create a platform that provides the airfreight purchasing industry with real-time instant rates for its buyers. Ashish Asaf, MD & CEO, SA Consultants & Forwarders, says, “The idea is to encourage our industry by simplifying businesses. The present situation is that people are investing a lot of time and money. Our goal is to digitise the industry and simplify processes. This is our value-add to our customers who are doing business with us. Through this platform, we are giving the tools in our customers hand so that they can work faster.”

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Spoton Logistics launches air express services

Spoton Logistics has launched its air express cargo services. With this announcement, the company now offers a range of specialised multi-modal express cargo services to B2B customers, significantly reducing turnaround time for time-sensitive deliveries to over 25,000 pin codes across India. Abhik Mitra, Managing Director and CEO, Spoton Logistics, has said, “The air express service will play a major role in catering to the rising demand for safe and faster deliveries. We expect our new service to act as the cornerstone in increasing our market share and provide competitive advantage to our clients.” The newly-launched Air Express service will be driven by Spoton’s road express pickup and delivery infrastructure and supported by its excellent usage of engineering, data and technology which helps the company deliver greater reliability and consistency to its customers.

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April exports show a mere 0.64 per cent growth: President, FIEO

Reacting to the April 2019 trade data, Ganesh Kumar Gupta, President, FIEO, said, “The export data of US$26.07 billion with a growth of 0.64 per cent is not at all encouraging as almost all the labour-intensive sectors including leather and leather products, gems and jewellery, engineering goods, cotton yarns, man-made yarns, carpets, marine products, few plantations and various other sectors of exports dominated by MSMEs are into negative territory. These sectors are still facing the problem of liquidity besides various other challenges including global trade war, protectionism, fragile global conditions and constraints on the domestic front.” He said that there may be front loading of exports in the past as exporters were apprehensive of withdrawal of GSP in US and development in Iran. Only 14 out of 30 major product groups were in positive territory during April 2019 including petroleum, organic & inorganic chemicals, drugs & pharma, RMG of all textiles, electronic goods, ceramic products & glassware, handicrafts, commodities besides some plantation, agri and dairy products have shown growth during the month.

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PHD’s Maritime Conclave in New Delhi encourages greater capacity utilisation

With a focus on unblocking bottlenecks and capitalising on opportunities, PHD Chamber of Commerce organised the ‘National Maritime Conclave-2019’ in New Delhi. The conclave was graced by the presence of N Sivasailam, Special Secretary (Logistics), Department of Commerce, Ministry of Commerce & Industry, Government of India, Dilip Kumar Gupta, Managing Director, Sagarmala Development Company and V Kalyana Rama, Chairman & Managing Director, CONCOR along with the industry professionals. Being a moderator of the session themed ‘Port modernisation & multi-modal transportation system’, Pawanexh Kohli, CEO, NCCD, Ministry of Agriculture & Farmer Welfare, Government of India, said, “As an industry, we must all try to make logistics more productive. Increasing port capacity to cater to the growing traffic will automatically bring down the cost of operations and per unit cost of goods handled. The mindset, however, needs to be changed in terms of being productive for the same cost. For instance, we can increase our capacity utilisation which should be done with greater operational efficiency.” He added that the industry must speak to the government about turnarounds to help them become more productive.

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Kerry Indev launches eight services under an integrated logistics push in India

To expand its reach in India, Kerry Indev Logistics has launched eight services, each catering to different B2B and B2C segments of the Indian market under the Kerry Indev Express brand. Dr S Xavier Britto, Chairman, Kerry Indev Group, says, “The Express service will enable our company to reach the doorsteps of consumers, thus completing our dream to offer truly end-to-end logistics solutions to them.” The eight pan-India last-mile delivery services launched under the Kerry Indev Express brand are Same Day Express, for guaranteed delivery within 6-8 hours in the same city or between designated cities; Early Express, for guaranteed overnight delivery across designated cities; Priority Package Express, for door-to-door delivery of valuable documents and packages across 200 cities/towns covering 3000 pin codes and expanding to 6,000 pin codes by end 2019; Priority Freight Express – Air, for next-day/committed door-to-door delivery solutions for commercial and urgent shipments to major metros and non-metros; Priority Freight Express – Surface, for a day definite door-to-door delivery solution for commercial and urgent shipments to major metros and non-metros; E-Commerce Business Express, for time-definite deliveries, international courier clearances for cross-border e-commerce services, cash on delivery, drop ship service, reverse logistics; Warehousing Solution Express, for fulfilment centre services and first & last-mile distribution services; Critical Solutions Express, for temperature-controlled distribution, passport and critical documents handling/jewellery cargo handling and clinical trial/biological sample supply chain solutions and other value added services.

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FIEO signs MoU with WeSchool to support export start-ups

To attract new entrepreneurs in exports and bridge the gap in availability of qualified skilled manpower in Exim trade, Federation of Indian Export Organisations (FIEO) has signed a Memorandum of Understanding (MoU) with Prin. LN Welingkar Institute of Management Development and Research (WeSchool) to launch a post-graduate programme in foreign trade management (PGP-FTM) at Mumbai. The MoU was inked by Khalid M Khan, Regional Chairman, FIEO (WR) and Dr Uday Salunkhe, Group Director, WeSchool. It aims to jointly develop and deliver the programme, which will help develop human capital for meeting the growing demand in the international trade ecosystem.

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Hilti and FarEye set to provide Amazon-like experience to customers

Hilti has tied up with FarEye to gain real-time visibility of goods movement, predictability with actionable insights, and build a digital integrated ecosystem with third-party vendors. Working with various 3PL partners across the country, a major pain area for Hilti was to manage these partners, map them against each other, track individual shipments, and keep the customers informed on the status along with actionable insights. Additionally, manual processes and lack of proper communication between transporters and logistics managers resulted in manpower wastage and high wait time at warehouses for loading and unloading of products.

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MIAL becomes first Indian airport with CEIV Pharma certification

Mumbai International Airport (MIAL) has become the first Indian airport and third in Asia to receive International Air Transport Association’s (IATA) Center of Excellence for Independent Validators (CEIV) Pharma certification. MIAL has achieved this quality milestone for pharma logistics following successful completion of training courses, on-site assessment, and complex validation processes. Acknowledging the importance of this initiative, MIAL has initiated the certification process with a community approach, together with its air cargo supply chain partners. The IATA CEIV Pharma certification has been introduced to prevent temperature excursions of pharma products during air transport, with the key objective of patient safety and reduction of losses attributed to logistical issues. It aims to improve the handling of pharmaceutical cargo by complying with existing national and international regulations.

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DHL Express launches Yellow Yatra for Indian MSMEs to succeed globally

DHL Express has launched the ‘Yellow Yatra’ programme, a multi-city series of events focused on equipping entrepreneurs from micro, small and medium enterprises (MSMEs) in different Indian cities with the know-how to succeed in international e-commerce. Commenting on the launch, RS Subramanian, Country Manager, DHL Express India, said, “MSMEs are crucial to the Indian economy because they contribute over eight per cent to India’s GDP and constitute more than 70 per cent of our business here in India. The launch of ‘Yellow Yatra’ is part of our ongoing commitment to promote the growth of Indian SMEs through participation in cross-border e-commerce trade. Our extensive local, regional, and global network is a key enabler for SMEs who want to venture out of their cities.” At the event, entrepreneurs had the opportunity to hear from industry experts, share best practices with e-commerce players, and most importantly, build important business networks.

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