Category Archives: Warehousing

‘Build modern warehouses, deploy tech, enhance connectivity’

The Warehousing Association of India (WAI) was formed as a section 8 Company on 8th November 2021 with the mission to promote the interest of the Warehousing Industry in India during the Azadi Ka Amrit Mahotsav. Key Stakeholders & Members of WAI comprise Developers/Builders of Warehouses and Logistics Parks; Users of Warehouses such as Retail/ Manufacturing/ E-Commerce Companies; Operators of warehouses such as 3PL/ Logistics/ Warehousing Companies; Associated Companies that provide Equipment/ Software/ Design for Warehouses. In rhythm with PM Gati Shakti National Master Plan, the key objective of WAI is to facilitate the ease of setting up and operating world-class warehouses in India make supply chains more efficient and bring overall Logistics Costs down improving productivity and turnaround times, reducing damages, shortages by automation of modern warehouses, and deployment of new technologies coupled with the modern multimodal connectivity of Road, Rail and Waterways. WAI is privileged to have been entrusted by Department for Promotion of Industry and Internal Trade (DPIIT) to update and publish this e- Handbook on Warehousing Standards. “This is indeed an excellent e- handbook and will benefit all the stakeholders of the industry and go a long way toward standardisation and facilitate the development of world class warehousing infrastructure in India. We will continue to update this document annually and it will be our endeavour to include the latest developments, practices, and technologies in the Warehousing Industry from time to time. With the Support of Industry Leaders and major Stake Holders WAI is undertaking several important initiatives in the Warehousing Industry.

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Kuehne+Nagel receives 1st B747-8F from Atlas Air

Kuehne+Nagel has put into operation its first Boeing 747-8 Freighter as part of the long-term charter agreement with Atlas Air, Inc., a subsidiary of Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW). As the global market leader in air freight, Kuehne+Nagel expands its air freight network by chartering the entire capacity of the very last two 747-8F aircraft from their delivery by Boeing. During the official ceremony at the Boeing Everett Delivery Center in Everett, WA, the Boeing 747-8F under the name “Inspire.” was handed over to Kuehne+Nagel. The most capable freighter aircraft in the world will support Kuehne+Nagel customers with highly reliable service, reduced transit times and minimised risks. In addition to the Transpacific routings, the new service will be linked with Kuehne+Nagel Intra-Asia network to provide customers with better connectivity within the growing region of Asia Pacific. Yngve Ruud, Member of the Management Board of Kuehne+Nagel, responsible for Air Logistics, comments: “It is a very special moment for us to see Kuehne+Nagel 747-8F “Inspire.” taking off. Together with the very last 747-8F that we named “Empower.”, the aircraft will support our customers with reliable and flexible solutions globally, continuing the legacy of the most incredible aviation programs in history. We are delighted to celebrate this day with our partners Atlas Air and Boeing and looking forward to see our aircraft connecting the world.” The Boeing 747-8F serves an incredibly important role in global air freight, with advanced technology that allows for lower fuel consumption, higher capacity and unique nose-loading capability. “This 747-8 delivery underscores the importance of our long-term strategic partnership with Kuehne+Nagel and our commitment to support their continued growth and expansion,” said John Dietrich, President and Chief …

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APAC to become fastest growing logistics automation market

The global logistics automation market is expected to grow from $47.23 billion in 2021 to $55.69 billion in 2022 at a compound annual growth rate (CAGR) of 17.9%. The logistics automation market is expected to grow to $94.02 billion in 2026 at a CAGR of 14%, said a latest report by ResearchAndMarkets. The main types of components in logistics automation are hardware, software, and services. The hardware market in logistic automation is used to describe any of the physical components of an analog or digital computer. These are used by several end users, including retail and e-commerce, automotive, food and beverage, logistics and transportation, and others. While North America was the largest region in the logistics automation market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the logistics automation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The growth of the e-commerce industry is expected to propel the growth of the logistics automation market going forward. Ecommerce refers to the buying and selling of goods and services with the help of the Internet. Logistics automation is used by the e-commerce industry to maintain its stock in warehouses and distribution centers.

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Inked pact to enhance logistics efficiency, cross border trade

DHLink, the smart logistics arm of DHGATE Group, officially announced its cooperation with SHOPLINE Logistics, an independent logistics expert of JOYY Group. By fully leveraging the advantages of direct mail channels, warehousing, and freight transportation on both sides, the collaboration will simplify the logistics process, eliminate connection problems, and enhance transport efficiency. The shortcomings of e-commerce, specifically logistical problems, will become a part of the past for cross-border merchants, enabling millions of consumers worldwide to enjoy fast and reliable delivery. “The rapid development of the cross-border e-commerce industry has motivated merchants to place more emphasis on the global market. As we move towards globalization, these opportunities coexist with risks. Coming up with a practical and effective last-mile solution is a crucial part of optimizing business efficiency, providing value-added services, and improving the overall consumer experience. Allowing consumers to experience a high-quality and seamless one-step logistics service is also an essential part of branding, especially for ambitious merchants. The emergence of new models, such as the DTC e-commerce website, now provides cross-border merchants with more options,” said an official release.

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25 retail outlets in Tier-I, II towns to strengthen last mile logistics

To strengthen last-mile logistics, Blue Dart has plans to set up 25 retail outlets in Tier-I and Tier-II towns as part of its expansion roadmap. Besides these 25 retails outlets, the company plans to establish 100 similar facilities. These stores have opened in Uttarakhand, Haryana, Uttar Pradesh, Rajasthan, Punjab, West Bengal, Odisha, Telangana, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Goa, and Gujarat, Blue Dart said in a statement. The company said it now serves over 55,400 locations. “Blue Dart’s store expansion will increase accessibility for our customers and expand our network. To strengthen last-mile logistics to the farthest reaches of the country, we will continue to locate in new areas and broaden our reach,” said Ketan Kulkarni, Chief Commercial Officer at Blue Dart.

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Warehouse Robot to cut logistics cost, improve efficiency

Amazon has debuted a warehouse robot that can pick up and sort millions of individual unpackaged products, in a move that will automate more jobs as the US ecommerce giant faces pressure to significantly cut logistics costs. The group said the robot, named Sparrow, is its first one with the capability to “detect, select, and handle individual products in our inventory”, a task that had previously been the exclusive domain of Amazon’s warehouse employees. Sparrow, a robotic arm that harnesses computer vision technology to identify and pick up small products, was unveiled at an event recently. The ecommerce group said the robot would “benefit” its employees, who could now focus on less repetitive tasks in the company’s warehouses. It said 700 new “categories” of jobs had been created at the company related to robotics.

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West Bengal to get two industrial parks with Rs. 100 cr investment

Ganesh Complex is driving this growth in Eastern India, by providing warehousing solutions to a plethora of industries in and around West Bengal. They have state-of-the-art warehouse facilities at four current parks in Ranihati, Rauta, and Panchla, near Kolkata, with a total area of 17,424,000 square feet and world-class amenities. The company is now on expansion mode with two more industrial parks spread across 500 acres and with an investment of INR 100 crores.  Alok Bajoria, Director, Ganesh Industrial Complex, said, “Within the steel and metals industry, construction, manufacturing, and fabrication are all significant subsectors with expansion potential. There is also room in the market for niche products and services. We believe that for Eastern India’s industrial sector to grow as a whole, the eastern regions must be provided with every conceivable infrastructural advantage, so that industrial progress is exponential. The industrial parks set up by Ganesh Complex are a testament to our commitment to this philosophy.”

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Onmove acquires Transin logistics to expand ops

Onmove, a high-speed, long-distance trucking aggregator, has recently announced that it has acquired 100% stake of Transin Logistics, a Hyderabad based trucking aggregation platform. Transin is a 100% asset light technology enabled trucking solution business operating in the Port ecosystem of India, with an annual revenue rate of INR 200 crores. Powered by a massive network of 34,000+ trucks catering to the EXIM and bulk cargo segments, Transin serves major blue-chip clients such as Aditya Birla, Ambuja Cement, ITC, Adani, Nuvoco among others. Onmove has raised a pre series A round of equity funding led by its existing investors Oliphans Capital with participation from several marquee angel investors like Mr Haresh Chawla. This acquisition is funded through a mix of equity and debt. Venture debt is raised from Chennai based AIF fund Anicut Capital which has also participated in an equity round. This partnership will help Onmove broaden its customer base in the commodity segment which is the largest consumer of trucks. It will further help Onmove strengthen its presence in the southern part of India thus ensuring better load stitching and higher utilization of assets. Besides, it will help Onmove enter the Port logistics business with focus on Port to Plant movement. Transin, in turn, will be able to expand its user services by offering end-to-end logistical assistance for the transport of final products from plant facilities to the end market. With this acquisition, Onmove has achieved an ARR of ~INR 600 crore.

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‘India’s Grade-A warehousing sector records growth of 15% by 2025’

India’s Grade-A warehousing sector is poised to show a growth of 15 per cent by 2025. According to the India Warehousing Report by CREDAI and Anarock, warehousing is poised to become a US$ 2.8 billion industry in the near future. The growth will be driven by increasing demand over Grade-B and Grade-C office spaces which are not big enough for emerging needs for modern and large infrastructure, the report said. “Government thrust on ease of doing business with focus on single window clearances by many states, land allotment, and even faster environmental clearances are aiding this sector extensively. This is the reason that its demand is increasing not only in metro cities but tier-II and -III cities as well rapidly,” said Harsh Vardhan Patodia, President, CREDAI. Over the last decade, India has revamped its outlook toward the warehousing sector from unorganised godown structures to a prominent asset class. Per the report, a total of 48.5 million sq ft of Grade-A warehouses have been leased in top 7 cities in 2021 and it’s expected to reach 55.8 million sq ft by end of 2023. It said that the total area leased for Grade-A warehousing space in 7 cities was 160 million sq ft, with the largest share of 37 per cent leased area in western region (Mumbai and Pune), followed by 32 per cent in southern region (Bengaluru, Chennai and Hyderabad). The top three sectors contributing to the overall warehouse leasing space across 7 cities are third-party logistics, e-commerce and manufacturing.

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Reliance to build India’s first MMLP in Chennai

Reliance Industries Ltd (RIL) has been awarded the project to build India’s first multimodal logistics park (MMLP) in Chennai by the Ministry of Road Transport and Highways (MoRTH). The project comes under the PM Gati Shakti National Master Plan (NMP) launched in October 2021 and is aimed at improving multi-modal connectivity and last-mile connectivity across the country, according to a statement by the ministry. The estimated project cost is Rs. 1,424 crore. The total concession period is 45 years. The SPV will provide four-lane NH connectivity of 5.4 km with an estimated cost of Rs 104 crore and new rail siding to the MMLP site of a length of about 10.5 Km with an estimated cost of Rs 217 crore. “The MMLP will be developed in three phases with an estimated developer investment of Rs 783 crore Phase-1 development is targeted within two years i.e., by 2025 leading to commercial operations,” statement from the ministry added. The MMLP at Chennai which is strategically located at about 52 km from Chennai Port, 80 km from Ennore Port, and 87 km from Katupalli Airport will be a focal point of logistics in the southern region. It is estimated to cater to 7.17 Million Metric Tonne (MMT) cargo in a horizon period of 45 years. MoRTH is developing 35 MMLPs, out of which 15 are prioritised in the next three years.

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