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DP World and CMA CGM Group launch the first block train between Mundra and Panipat

DP World and CMA CGM jointly received their maiden Block Train from Mundra, Gujarat to DP World PFT (ICD) Panipat, Haryana. This new service is the first block train by a shipping line between Mundra and Panipat. The fully loaded 90-TEU train was flagged off from Mundra port on February 27, 2021. The service was received in the presence of representatives from DP World and CMA CGM India. The dedicated connections between the Port of Mundra and the inland container depot of Panipat will provide dedicated and seamless connection from Mundra Port to PFT (ICD) Panipat, thereby, making customers’ cargo reach internal markets faster. With priority rail out option and fixed train schedule, customers will be able to minimise waiting time at the Port as well as plan their cargo movements effectively. Train will depart Mundra Port on Saturday/Sunday. Ranadhir Reddy, CEO, Rail & PFT, Subcontinent, DP World said, “At DP World, it is our constant endeavors to offer bespoke solutions to our customers to solve their supply chain challenges and support their strategic growth ambitions. Our pan India network provides seamless connectivity that helps customers connect their cargo to global markets as well as across India’s vast hinterland. Through our investments, we are committed to enhance India’s rail freight share and offer trade solutions using multimodal logistics.” Atit Mahajan, General Manager, CMA CGM India, declares, “We are pleased to be the first shipping line to offer a block train service between Mundra and Panipat in collaboration with DP World. This service is the 10th dedicated block train service being operated by the CMA CGM Group in India. This service will provide a dedicated and direct loop from port to …

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Adani Ports to acquire 31.5% in Gangavaram Port from Warburg Pincus for Rs 1,954 crore

The Adani Ports and Special Economic Zones (APSEZ) is acquiring the 31.5 per cent stake held by Windy Lakeside Investment (an affiliate of Warburg Pincus) in Gangavaram Port (GPL). The acquisition is valued at Rs 1,954 crore and subject to regulatory approvals. GPL is located in the northern part of Andhra Pradesh next to Vizag Port. It is the second largest non-major port in Andhra Pradesh with a 64 MMT capacity established under concession from Government of Andhra Pradesh (GoAP) that extends till 2059. It is an all-weather, deep water, multi-purpose port capable of handling fully laden super cape size vessels of up to 200,000 DWT. Currently, GPL operates 9 berths and has free hold land of ~1,800 acres. With a master plan capacity for 250 MMTPA with 31 berths, GPL has sufficient headroom to support future growth. GPL handles a diverse mix of dry and bulk commodities including Coal, Iron Ore, Fertilizer, Limestone, Bauxite, Sugar, Alumina, and Steel. GPL is the gateway port for a hinterland spread over 8 states across eastern, western, southern and central India. In FY20, GPL had a cargo volume of 34.5 MMT, generated revenue of INR 1,082 crore, EBITDA of INR 634 crore (margin of 59%) and PAT of Rs 516 crore GPL is debt free with cash balance of over INR 500 crore. The Company has a paid up equity share capital of 51.7 crore shares of which 58.1% is owned by DVS Raju and Family (Promoter), 10.4% by Government of Andhra Pradesh and 31.5% by Warburg Pincus. APSEZ is acquiring the Warburg Pincus stake of ~16.3 crore shares (31.5%) at Rs 120/share which works out to a consideration of Rs 1,954 crore. …

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Bajaj Electricals associates with Mahindra Logistics for integrated logistics services

Bajaj Electricals (BEL) and Mahindra Logistics (MLL) signed an agreement for innovative logistics optimisation and outsourcing arrangement. This deal is a complete end-to-end redesign and outsourcing of Bajaj Electricals’ entire logistics by Mahindra Logistics, with the twin objectives of achieving enhanced & industry-best service levels, coupled with a logistics cost saving in excess of 25 per cent. The total contract value, of this one-of-its-kind deal in the Indian Logistics industry, will be in excess of Rs 1,000 crores over the next 5 years and is the outcome of a unique and collaborative solution. Working together closely, MLL has developed for BEL a fully redesigned and consolidated logistics network, with storage optimisation, transportation management and inventory movement through technology, best practice and automation. At the heart of the network, there will be two large ultra-modern mega-warehouses in Delhi and Mumbai, with latest technology, automation and skill-building, enhanced by environmentally conscious, greener & sustainable warehouse practices. This network will further operate fully IT-enabled fulfilment centres from which BEL’s dealers, distributors, customers will enjoy market-leading delivery lead times. As part of the solution, MLL will be deploying a healthy mix of dedicated long-haul fleets and local distribution trucks, enabled by the latest tracking technology and control tower operations. There will also be a transition towards sustainable logistics using electric delivery trucks from EDel by Mahindra Logistics. For BEL, this project marks a significant transition towards leveraging logistics management as a competitive advantage. Speaking on the occasion, Anuj Poddar, Executive Director, said, “At Bajaj Electricals, we have been actively working towards various strategic initiatives to enhance value for our customers and other stakeholders. This collaboration with MLL is one such key initiative and I …

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UPS Healthcare and The UPS Foundation to facilitate equitable worldwide vaccine deliveries

The UPS Foundation and UPS Healthcare are moving quickly to support an equitable delivery program and sustainable global supply chain of COVID-19 vaccines. UPS, in collaboration with COVAX, Gavi, the vaccine alliance and CARE will initially facilitate the delivery of 20 million doses for countries that have not had sufficient access to vaccines, including top priority groups like healthcare workers. “We believe that we have the ability and responsibility to facilitate and accelerate equitable COVID-19 vaccine delivery around the world,” said Scott Price, President UPS International. “UPS continues to build and inspire action across a network of global public-private partnerships that will ensure vaccines move more efficiently and equitably. Our work focuses on countries with limited resources and constrained supply chains and infrastructures. The goal is simple and our commitment is unwavering – moving our world forward by delivering what matters.” The latest global vaccination rate is approximately six million doses per day. According to several studies, at that rate it would take an estimated 5.4 years to cover 75 per cent of the global population with a two-dose vaccine. The role of public-private partnerships is a vital component in building global solutions for global challenges, such as the pandemic, and the needed access to vaccines to fight it. Building Partnerships Global success hinges upon bringing together and mobilizing the right partnerships. Helping to establish and fuel these efforts, UPS Healthcare and The UPS Foundation will: • Provide transportation solutions that leverage UPS cold-chain technology • Dedicate ultra-low temperature freezer donations necessary to maintain vaccine dose viability at the correct temperature in varying environments • Commit UPS loaned executives to provide logistics expertise and coordination with vaccine manufacturers and NGO …

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Volga-Dnepr Airlines & Leipzig/Halle Airport to establish Emergency Logistics Hub

Volga-Dnepr Airlines (Volga-Dnepr) and Leipzig/Halle Airport (LEJ) have inked a Memorandum of Understanding (MOU) to set up an Emergency Logistics/Humanitarian Hub. The decision comes as a logical step for further development of long-lasting strategic cooperation between LEJ and Volga-Dnepr Group. Both parties agree to strengthen their unique services in the humanitarian sector, shouldered by an expert combination of the ‘carrier-airport’ capabilities. While the Group is ready to ramp up Emergency Logistics Hub with its operational base in LEJ, over 30 years of experience and expertise in humanitarian logistics, a diversified fleet of freighters including ramp ones which are self-sufficient for flight operations to remote or less equipped airports, LEJ is ready to offer its beneficial market-driven commercial conditions for export warehousing, long-term storage conditions for emergency cargo and terminal handling package to support the industry. Volga-Dnepr and LEJ will follow the road-map to jointly promote the airport as the Emergency Logistics Hub through the task-oriented marketing campaign, specialized educational workshops, streamlined cooperation with international non-governmental organisations, international intergovernmental organisations of Germany, major equipment manufacturers, freight forwarders and other stakeholders of the sector to foster humanitarian cargo operations at Leipzig/Halle.

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Locus partners with Lytx to keep track of vehicles through GPS, ensuring sustainable transportation

Locus has announced a new integration with Lytx® to ensure sustainable transportation operations with the next generation of fleet management technology. While Lytx provides GPS location information on vehicles, Locus uses the information to prepare the most optimised route. Additionally, Locus can utilise the planned route and location information to compare planned versus actual performance as well as power analytics and insights. The combined product offering of Locus and Lytx will enable fleet managers to optimise the total cost of ownership (TCO) driven by fuel economy monitoring, driver analytics, visibility, compliance management, and predictive maintenance alerts. For fleets, this smart management platform will help with higher asset utilisation, optimised route planning, better driver communication, and seamless interactions with shippers and warehouses, translating into cost and time savings for the fleet managers. “This partnership offers the perfect blend of analytics and routing capabilities to our customers,” said Krishna Khandelwal, Chief Business Officer, Locus, in adding, “The optimised routing reduces both capital and operational costs for local distribution while increasing service levels and revenue-generating activities.” “Many fleet managers today leverage multiple technologies and are looking for ways to consolidate so they can save time and focus on things that matter more,” says Frank Schneider, Director of Integrations & Partnerships at Lytx. “This integration will allow customers of Locus and Lytx to have a seamless view of all the data they need from both systems, so they can make informed decisions in an instant. Fleet managers can keep track of their vehicles through GPS, get insights into driving behaviors through our proprietary video and machine vision and artificial intelligence (MV+AI) offering, dispatch technicians, and route vehicles.”

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Warehousing demand to grow around 160% in 2021, e-commerce & 3PL emerges as largest occupiers: JLL

According to the JLL report ‘India Real Estate Outlook – A new growth cycle’, despite unfavourable socio-economic environment, warehousing stock in top eight cities, which includes, NCR Delhi, Mumbai, Bangalore, Chennai, Pune, Kolkata, Hyderabad and Ahmedabad has added 27 million sq. ft to reach a total of 238 million sq. ft. in 2020. Further, the demand is expected to grow around 160% to reach 35 million sq. ft in 2021 if the external conditions stay stable, mainly if there is no relapse of COVID / lockdown and so on. Probably over the next one to two quarters, a clearer picture will emerge. “In Q4, the market started gaining momentum with highest supply and absorption in 2020 post the lockdown. Industrial spaces witnessed a 13 per cent Y-o-Y growth in total stock in Grade A & B warehousing space in top eight cities. The overall warehousing space stands at 238 million sq. ft at the end of 2020 compared to 211 million sq. ft in the previous year thereby resulting in a net supply of 27 million sq. ft,” said Yogesh Shevade, Head Industrial Services, JLL, India. “Important point to note here is that in 2020 the end -users / tenants have looked for new and innovative ways to taking up spaces on short term / temporary leased of tenure 9 -12 months for leasing of ‘white spaces / unused spaces’ in existing leased warehouse on sub-lease. Unfortunately, these does not get captured in net absorptions (considering these are already leased),” he added. The warehousing and logistics market in India started gaining impetus with highest supply and absorption in the Q4 of 2020. The demand is expected to increase in 2021 …

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Indian Railways conduct successful trial run of double stacked dwarf container train to JN Port

Railways undertook a successful trial run of double stacked dwarf container train from Mehsana (Gujarat) to JN Port on March 3, 2021. The ‘dwarf’ containers provides 67 per cent increase in volume when double-stacked and can carry a weight of 71 tons, against 40 tons by an ISO container. Indian Railways has given 17 per cent discount on haulage cost for double stack dwarf container trains compared to double stack ISO container trains coupled with additional volume benefit. JN Port is in the process of finalising an Operator for “Management, Maintenance and Operation of Dedicated Dwarf Container Depot (D-Depot) inside the Port area at JNPT”. Inside the D-Depot, ISO EXIM containers will be destuffed/restuffed and then re-stuffed in Dwarf Containers for further movement on rail to and from JN Port. The train with five wagons of double stacked dwarf containers arrived at 11:30 hours and departed at 13:00 hours. The concept of Dwarf container would be game changer as the rail movement of EXIM cargo through double stacked dwarf containers would significantly provide cost advantage to the customers and enhance rail traffic at JN Port.

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Tata Motors launches India’s first 3-axle 6×2 truck with 31-tonne gross vehicle weight

Tata Motors has launched its latest offering in M&HCV segment – the Tata Signa 3118.T – India’s first 3-axle 6×2 (10 wheeler) rigid truck with 31 tonnes Gross Vehicle Weight (GVW). The Tata Signa 3118.T offers a unique blend of value proposition in terms of both, revenue and operating cost, for its customers. With a 3,500kg* higher certified payload than the corresponding 28-tonne GVW rigid truck and equivalent cost of operations with similar fuel, tyre and maintenance cost as a 28-tonne truck, this product is conceived to significantly enhance the net operating profit for its customers by ~45%* over a 28-tonne truck. The incremental investment on the Signa 3118.T, over the corresponding 28-tonne truck, can be recovered in less than one year of operations and followed by years of incremental earnings. Commenting on the launch of the new model, Rajesh Kaul, Vice President, Sales & Marketing, Commercial Vehicle Business Unit, Tata Motors, said, “The Signa 3118.T is a landmark in Tata Motors’ journey towards customer excellence. The model is evidence of unmatched customer-focused engineering and unique value positioning by Tata Motors. Value features like fuel economy switch, gear shift advisor, ICGT brakes, Fleet Edge telematics system with inbuilt anti-fuel theft, reverse parking assistance perfectly complement the pioneering vehicle design exceeding the expectations of the new-age customer. The Lx version also comes with air conditioning and unitised wheel bearings. This model expands the array of choice for customers seeking to enhance their profitability through revenue growth model”. The Tata Signa 3118.T, with its 12.5-tonne dual tyre lift axle configuration, marks the value discovery of white space in M&HCV segment. It can operate at 31-tonne GVW with the lift axle down and …

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Air cargo volumes reach pre-COVID levels: IATA

Highlighting a clear V-shaped recovery, air cargo started the year on a positive note, with industry-wide Cargo Tonne-Kilometres (CTKs) rising above the pre-pandemic levels for the first time since the crisis started. The International Air Transport Association (IATA) has released January 2021 data for global air cargo markets showing that air cargo demand returned to pre-Covid-19 levels. The air cargo volumes in CTKs terms were up by 1.1% in January 2021 compared with 2019 levels and 6.1% year on year. Meanwhile, capacity for the month was down by 19.5% compared with 2019 and 19.3% on last year. As a result, cargo load factors stood at 58.9%, which is a 12 percentage point improvement on 2019 and 14.1 percentage point increase on last year. All regions saw improvement in air cargo demand this month. North America and Africa were the strongest performers, with CTKs up by a robust 11.7% and 21.1%, respectively compared with the pre-crisis period (January 2019). Drivers of air cargo demand related to manufacturing and economic activity remained generally supportive. However, emerging markets reported weaker export demand amidst COVID-19 outbreaks. Alexandre de Juniac, Director General & Chief Executive, IATA said, “Air cargo traffic is back to pre-crisis levels and that is some much-needed good news for the global economy. But while there is a strong demand to ship goods, our ability is capped by the shortage of belly capacity normally provided by passenger aircraft. That should be a sign to governments that they need to share their plans for restart so that the industry has clarity in terms of how soon more capacity can be brought online. In normal times, a third of world trade by value moves …

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