Category Archives: Supply Chain

To further meet the demand for its specialist aerospace logistics services award-winning B&H Worldwide has moved its New Zealand operation to a new on-airport site at Auckland Airport. The company has been operating in the country since 2012. Now located in the Airport Industrial Precinct, a highly desirable industrial area, the B&H team will be situated alongside some of the world’s largest freight and logistics companies, and will have easy access to all facilities at the largest and busiest airport in the country. In addition to warehousing and offices, the new site also has ample yards for devanning. Alongside manned 24/7 global AOG and aerospace logistics, the experienced B&H team in Auckland led by Country Manager, Lee Hedges will also offer specialist Dangerous Goods services. Says B&H’s Head of Operations, Oceania – Colin Kaltner: “Auckland is becoming an important forward stocking location for a number of our customers and the move to this on-airport site enables us to cater to their ongoing requirements. And of course, they will be able to have global visibility of their inventory through our unique, cloud-based track and trace platform FirstTrac.” The new operation is located at: B&H Worldwide Unit D, 6 Percival Gull Place Mangere Auckland 2022 New Zealand

Recently, Jeena Criticare, the critical healthcare division of Jeena & Co., India’s trusted and reliable logistics company, recently announced having completed a milestone of 100 tonnes of COVID-19 vaccine deliveries across the country in the last year.  Throughout 2021—the year when the nation was on a fast track to completing COVID vaccination after a devastating 2nd wave—Jeena Criticare was at the forefront of these efforts. Be it as an appointed distributor of Serum Institute of India’s (SII’s) COVISHEILD vaccine deliveries for private hospital supplies across the country or as a part of the strategic collaboration for Asia’s first drone-based vaccine delivery project for the Telangana government, Jeena Criticare has played a pivotal role.  Apart from the above milestone, during the peak pandemic time till the end of 2021, Jeena Criticare has been instrumental in clearing and moving 3,000 MT of COVID care equipment that includes oxygen concentrators, RT PCR kits, PPE kits, hospital beds, medicines, and critical care drugs, masks, vaccines, and ventilators. Jeena’s Pharma Division has also been instrumental in getting fast-track import clearance, from the normal 24 hours to a special 5 hours flat, for COVID Care Aid and other healthcare transportation from countries like South Korea, Germany, USA, Taiwan, China, Italy, and also the WHO. With their global logistics support, Jeena has also been a part of India’s export chain, enabling healthcare to various countries and also for customers like the WHO (World Health Organisation). Jeena & Co., an over-100-year-old logistics company, has always been at the forefront of innovation in end-to-end logistics solutions and continues to be a trusted and reliable supply chain partner.  Speaking about the milestone achievement and the strong thrust on critical healthcare …

Wiz, a tech-enabled full-stack freight forwarding platform for the modern-day, has announced the start of a new business entity exclusively for handling bulk cargo. The business division, headquartered in Singapore, will cater to the niche market of dry bulk shipping. Wiz has also announced that Punit Oza has been appointed as the CEO of Wiz Bulk. He will start his new assignment on April 11, 2022. Punit is a veteran of dry bulk shipping and comes with over 29 years of rich experience in the industry. Over the years, he has held senior management positions in some leading shipping and trading companies. In his previous assignment, he spearheaded the digital transformation of Klaveness Dry Bulk before moving to the board of Klaveness Asia. We are extremely excited to announce Wiz Bulk, a new business entity of Wiz that will cater to the dry bulk cargo market, and we will utilise our tech expertise to improve the customer experience for this market,” said Ramkumar Govindarajan, CEO, Wiz. It was immediately clear that Punit was the right choice to lead Wiz Bulk. I am looking forward to working with him to develop Wiz Bulk as a leading name for dry bulk cargo movements.” Punit Oza said, “I am extremely excited to join the Wiz family and look forward to building a sustainable and customer-centric bulk shipping solution to provide greater transparency and value, leveraging technology to the maximum possible extent.” I am extremely impressed with what Wiz has achieved in the container freight solution space, and I hope that we can achieve the same success in the bulk freight solution space as well. Punit will work with Wiz founders Ramkumar Govindarajan and …

Logistics platform FreightFox recently announced a partnership with Yale researchers to develop a responsive index-based pricing model that facilitates dynamic transportation decisions. The new freight contract and pricing model will take into account the most important factors that influence truck placement, such as seasonality in industry and agriculture, significant skewness in month and dispatches, and limited trucking inventory. The contract model will be designed to ensure best placement of trucking fleets at different times to minimise movement disruptions and maximise truck dispatch fulfilments. This will not only keep operations flowing but also support better visibility, allowing manufacturers to plan shipments better and have contingency options in case of failures elsewhere along the supply chain. At the same time, both manufacturers and transport partners can be assured of fair pricing. With reference to the partnership, Dr Ryan, Assistant Professor of Economics, Yale University and an affiliate of the Economic Growth Centre said: “Failures in shipping and trade are a major concern for firms in India, and offering improved contracts could make shipping more reliable, lower-cost, and raise people’s incomes. The intention of the project is to innovate in new contracts and see if that reduces the costs of trade.” “We are delighted to collaborate with researchers at Yale to develop such innovative freight contracts and are committed to deliver superior logistic contracting methods by leveraging technology, data and the know-how available at Yale,” said Nitish Rai, CEO and Co-founder of FreightFox. A memorandum of understanding guiding the research was signed in January 2022. Given the fragmented nature of the Indian economy, manufacturers often encounter logistical issues when it comes to procurement and freight contracts. Most freight contracts are static one-year affairs …

Jawaharlal Nehru Port Authority (JNPA), India’s premier container port, announced that it has undertaken multiple projects aligning with the PM’s initiative of ‘Gati Shakti.’ JNPA highlighted the progress and the outcome of these developmental projects in line with PM Gati Shakti- National Master Plan for multi-modal connectivity. Sanjay Sethi, IAS, Chairman, JNPA, led the briefing event in the presence of senior officials from Railways, Customs, PSA Mumbai, IPRCL, NHAI key and JNPT Hods. The briefing event was virtually attended by various key participants from the Central & State Ministries. PM Gati Shakti aims to reduce logistics costs, develop world-class infrastructure to make EXIM efficient, and benefit citizens by saving cost and time and fastening the pace of development in the country. It will play a major role in the integrated economic growth of the country. It is based on seven engines of growth – roads, railways, airports, ports, mass transport, waterways, and logistics. Stressing on JNPA’s projects and its features contributing towards the aim of Gati Shakti, Sanjay Sethi, IAS, Chairman, JNPA stated, “The projects like JNPA-SEZ, Fourth Container Terminal, additional Liquid Cargo Jetty, etc. will be a catalyst for port-based industrialization in India and make the EXIM trade even more efficient with ease of operation. JNPA is the leading port in the country that provides state of the art facilities. These projects under Gati Shakti will contribute to all-inclusive progress and development of the nation.” Aligned with the PM Gati Shakti – National Master Plan, JNPA has undertaken various projects like Coastal Berth, JNPA SEZ, Centralized Parking Plaza, Fourth Container Terminal, Road Widening, Dry Port at Wardha & Jalna, Berthing facility for ROPAX/RORO, Common Railyard, Additional Liquid Cargo Jetty …

Tata Steel flagged-off its first batch of liquefied natural gas (LNG) powered vehicles to transport its finished steel products at a function in Nagpur on March 5, 2022. This initiative by Tata Steel is part of its ongoing efforts towards a carbon-neutral future. Under the guidance of Tata Steel’s logistics department, its vendor partners Ashmi Logistics and Shreyas Associates deployed two vehicles each for local movement of the products in Nagpur. The vehicles aim to ferry around 1,000 metric tonnes of product. LNG vehicles don’t emit sulphur dioxide and their NOx and greenhouse gas emissions are up to 85% lesser than vehicles that run on other fuels. Over the last three decades, Tata Steel has made concerted efforts in various areas, including supply chain, to mitigate climate change and manage associated risks. Tata Steel launched its Responsible Supply Chain Policy in FY20 which specifies “Environmental Protection” as an integral sustainability principle for all its supply chain decisions and processes. In February this year, Tata Steel became the first Indian steelmaker to transport goods using inland waterways from the Haldia Port in West Bengal to Pandu Port in Assam, reiterating its commitment to building a sustainable future. In July 2021, the Company pioneered the use of electric vehicles to move finished goods from its erstwhile Tata Steel BSL’s Sahibabad Plant and Pilkhuwa Stockyard in Uttar Pradesh. Tata Steel also became the first steel producer in the world to join the Sea Cargo Charter to reduce ‘Scope 3’ greenhouse gas emissions in ocean trade last year. The Company has been rated “A” and is listed as 2021 ‘Supplier Engagement Leader’ by CDP, a global environmental non-profit charity, for its initiatives to reduce …

Following Russia’s invasion of Ukraine two weeks ago, the global seaborne commodities trading map is still being rebuilt at a breakneck speed. The US announced a ban on Russian oil and other energy imports. In remarks from the White House, President Joe Biden declared, “We’re prohibiting all imports of Russian oil, gas, and energy.” “This means Russian oil will no longer be accepted at US ports, and the American people will give Putin’s war machine another heavy blow.” This will only apply to energy imports into the United States. The United Kingdom plans to enact such a prohibition “before the end of the year.” Other European allies are not expected to join the US in the ban, at least for the time being. German chancellor Olaf Scholz said that although Berlin supported tough measures against Moscow, Russian energy supplies remained “essential” for daily life in Europe. Russia exported 114.2 million tonnes of crude oil to the European Union in the same year, accounting for 53.9 percent of Russia’s seaborne crude exports, plus another 40 million tonnes through pipeline. It sent 4.3 million tonnes of clean oil products to the United States last year, accounting for 6% of Russia’s seaborne clean product exports. Russia sent 41.9 million tonnes of clean oil products to the EU in the same year, accounting for 57.9% of Russia’s seaborne clean product exports. The European Commission outlined plans to rid the continent’s dependency on Russian natural gas by two-thirds by the end of the year, in a plan called REPowerEU. Meanwhile, the war and subsequent sanctions are seeing ships and cargoes pile up at ports across Europe. Leading liners – with the notable exception of COSCO …

Dr A V Ramana, Chairman of the Additional Mangalore Port Authority, announced that three new projects worth Rs 695 crores will be implemented under PM Gati Shakti. Mechanization of Berth No.14 for handling container and other cargos on a DBFOT basis in partnership with JSW, construction of new Berth No.17 for handling bulk and dry-bulk cargos at Rs 217 crores, and development of fishing harbour at Kulai at Rs 197 crores are among the projects. The PM Gati Shakti, a National Master Plan for Multi-Modal Connectivity, was released in October 2021 at a cost of Rs 100 lakh crores with the goal of developing infrastructure while lowering logistics costs and boosting the economy. This includes 16 various ministries such as shipping, waterways, railways, roadways and so on for integrated planning and coordinated implementation of infrastructure connectivity projects. Dr. A V Ramana, speaking at a press conference here, said that the PM Gati Shakti combines infrastructure schemes from various Ministries and State Governments, including Bharatmala, Sagarmala, Inland Waterways, Dry/Land Ports, UDAN, textile clusters, pharmaceutical clusters, defence corridors, electronic parks, industrial corridors, fishing clusters, and agri-zones. He also stated that the Ministry of Ports, Shipping, and Waterways has identified 101 projects to improve port connectivity with consumption and production centres as part of the National Master Plan. In addition, he mentioned that 111 waterways in 24 states around the country have been designated as National Waterways. “Due to semi-mechanized handling of containers, there was tremendous need for the augmentation of the port capacity in handling containers. Mechanized handling of containers at Berth No. 14 will satisfy this and boot the economy of Karnataka’s hinterlands,” he

The International Air Transport Association (IATA) released data for global air cargo markets showing slower growth in January 2022. Supply chain disruptions and capacity constraints, as well as a deterioration in economic conditions for the sector dampened demand. Demand growth of 2.7% in January was below expectation, following the 9.3% recorded in December. This likely reflects a shift towards the more normal growth rate of 4.9% expected for this year. Looking ahead, however, we can expect cargo markets to be impacted by the Russia-Ukraine conflict. Sanction-related shifts in manufacturing and economic activity, rising oil prices and geopolitical uncertainty are converging. Capacity is expected to come under greater pressure and rates are likely to rise. To what extent, however, it is still too early to predict,” said Willie Walsh, IATA’s Director General

Global air cargo markets are already feeling the effects from the Russia-Ukraine conflict, according to IATA, however, the in-depth impact of the same is still to be assessed. Making the assessment based on its latest cargo demand data, IATA reveals that January has been a soft patch for the industry with a global growth of 2.7%, the lowest rise in cargo tonne kilometres (CTKs) since December 2020. Citing the factors responsible for the impact, IATA says that the Omicron variant of Covid-19 on passenger and cargo-only networks in January, notably reduced bellyhold cargo capacity as services were cancelled, plus weaker economic drivers have led to the soft patch of the industry. The airline association further suggested, that due to the pre-Ukraine conflict, the air cargo market was likely shifting “towards a more normal growth rate of 4.9% expected for this year”, following much higher increases throughout 2021. War in eastern Europe has introduced several uncertainties into that market and was already having a negative impact from late February, the airline body states. Consequences seen so far will ”further reduce available capacity and increase already elevated air cargo rates”, IATA says, adding that it is too soon to predict the extent of those developments. However, the increasing cost of crude oil, is likely to be “unprofitable for airlines and air cargo more expensive for businesses”. Although Russia accounts for only 0.6% of global air freight carried, the airspace restrictions will significantly reduce the cargo services to and from Russia, IATA notes. Nevertheless, “several key operators” in the sector are based in Russia and Ukraine, it states. The airspace restricton is also hampering with the Europe and Asia trade, although alternative routings …