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LEAP India expects demand for pallets on lease to go up from 3 to 4 million in 2020-21

Increasing demand for warehousing from both domestic and international players is driving demand for efficient and international practices of storing and moving goods. LEAP India expects the demand for pallets on lease to go up to four million during the year 2020-21 from three million deployed currently. The company is expanding its client base to 550 spread across FMCG, beverages, auto, food, e-Commerce and large logistic players. Sunu Mathew, Managing Director, LEAP India comments, “We see enough opportunity in both pallets and Foldable Large Containers (FLCs). We are all geared up to tap this huge opportunity as we are well positioned to expand our pallets base. The company has good number of veterans from logistics and other sectors managing various functions professionally.”

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Future Supply Chain & Nippon Express collaborate to multiply profits

Nippon Express South Asia & Oceania (Nippon Express) and Future Supply Chain Solutions (FSC) have signed a Business Collaboration Agreement (BCA) to jointly explore growth opportunities for new and existing customers based on their strategic partnership and expand revenues for both the companies. The two companies will jointly start the business collaboration from January 2020. The partnership will jointly leverage Nippon Express’ competency in diverse sectors for the Indian market. FSC will demonstrate its 3PL and express logistics operations, attracting potential new business opportunities from Nippon Express’ existing Japanese and MNC clients. Both the companies have agreed to formalise a steering committee and Nippon Express will depute its representatives to operate alongside FSC’s management.

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KWE India launches ‘Slip Sheet Handling’ for airfreight shipment from Bengaluru Airport

KWE India has launched Slip Sheet Handling for airfreight shipments ex-Bengaluru to address material handling issues of cargo and enhancing ULD optimisation. The idea is to transform air transport and storage challenges by offering an economical material handling solution for cargo handling and storage applications. Also, when combined with a push-pull attachment and buffers, PVC or cardboard slip sheets allow customers to ship, receive and warehouse unit loads on inexpensive slip-sheets rather than pallets. According to Karthi Baskar, Deputy Managing Director, KWE India, “Slip sheet handling is our innovative offering for the Indian pharmaceutical industry. In this regard, our first trial shipment ex Bengaluru was moved on December 12, 2019 for our customer and was supported by Air India SATS CoolPort facility and Emirates Airlines to make it successful.

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Bollore Logistics India & CFM sign contract for aircraft engine transportation

Bollore Logistics India has signed a contract with CFM Aircraft Engine Support South Asia for aircraft engine transportation. The contract also includes customs clearance documentation at the Dubai Airshow. The contract was signed between Karthigeyan Ramaswamy, Managing Director, CFM Aircraft Engine Support South Asia and Philippe Lortal, CEO – Middle East & South Asia, Bolloré Logistics. “The contract signed is for importation into India including custom clearance at Delhi airport. The contract also includes services related to re-export from India which includes outbound export custom process at Khurja to re-export back to the origin. Bolloré Logistics is also nominated for the International Freight Forwarding to various origins from Delhi” said Ramaswamy.

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More than 3500 business meetings conducted at 2nd LOGIX India 2019

The second LOGIX India 2019 – International Buyer Seller Meet was held on December 12, 2019 at New Delhi, launched by the Federation of Indian Export Organisations (FIEO) with the active support from Ministry of Commerce & Industry, Government of India. The three days mega event saw well over 3500 business to business meetings along with parallel sessions on different issues, challenges and above all opportunities about the logistics sector across India and the world. Inaugurating the event, Som Parkash, Minister of State for Commerce & Industry, Government of India, said, “Logistics is the backbone of any trade and industry. Currently the logistics cost in India is 30-40 per cent higher than the global benchmarked logistics cost. And therefore, it is a big challenge for the government. However, the government aims at reducing it to 10 per cent of the GDP. The government is also planning to invest around 100 lakhs crore in logistics infrastructure in the next five years. We are also in the process of coming out with a new National Logistics Policy and creating data bank by getting feedback from different stakeholders.

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APL launches Asia Subcontinent Express 8 service

The weekly AS8 is set to directly link the South-East Asian economies of Thailand, Singapore and Malaysia with the India Subcontinent markets of India and Pakistan. The AS8 will be characterised by its direct port connectivity from Laem Chabang to Pipavav, Port Qasim and Karachi. With this, shippers with India and Pakistan bound shipments from Thailand will find the AS8 service a faster alternative to relaying cargoes through transhipments. AS8 will start sailing from Laem Chabang on December 16, 2019 with the following port rotation: Laem Chabang-Singapore – Port Klang (North Port) – Port Klang (West Port) – Pipavav – Port Qasim – Karachi.

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JNPT and CONCOR announce weekly scheduled export train from ICD Ludhiana to JN Port

Jawaharlal Nehru Port Trust (JNPT) along with CONCOR are commencing a weekly scheduled export train from ICD Ludhiana to JN Port to ensure faster evacuation of export containers destined for JNPT. The service also enhances the trade requirement of Ludhiana with the Mumbai. The Ludhiana ICD caters to a vast interior market that includes the states of Himachal Pradesh, Haryana, and Rajasthan. With an extensive network of more than 80 ICDs nationwide, CONCOR commands the bulk of Indian containerized rail transportation.

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Allcargo Logistics acquires controlling stake in Gati

Allcargo Logistics has forayed into the express logistics space by acquiring a controlling stake in Gati. The company has added another domestic service to its portfolio by entering a segment which has been growing exponentially through this transaction. “The exponential rise in cross-border and domestic e-commerce has opened up new markets for traditional express players such as Gati. With Allcargo’s existing strength in the ocean transportation business and Gati’s expertise in land and air transportation, we are now in a unique position to offer our customers a suite of truly multimodal solutions,” comments, Shashi Kiran Shetty, Chairman, Allcargo Logistics. According to a study led by Deloitte in 2018, the express logistics industry is expected to reach Rs48,000 crore (US$ 7 billion) by 2023. This growth will primarily be driven by domestic consumption, shift from unorganised to organised trade, e-commerce (domestic and cross border) and significant demand from the small and medium B2B segment.

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Government to propose ‘road trains’ to cut logistics cost

In its attempt to reduce logistics cost, the government has decided to allow introduction of ‘road trains’ on select routes and between identified points.The transport ministry’s draft rule for road trains comes at a time when the Centre is putting more focus on building 2,500 km of greenfield expressways like the Delhi-Mumbai corridor. The draft specifies the length, height and width of the roads. Even state governments are constructing more such roads. The NHAI has also been tasked to take up building economic corridors on priority, which would connect major manufacturing hubs. This move will encourage multi-container transport on the road, simultaneously reducing logistics cost. This mode of transporting freight is popular in countries including Australia, United States and in Europe to move huge quantity of cargo. Road trains consist of a conventional prime mover – truck – pulling two or more trailers. One road train in India can replace at least three trucks and is expected to prove beneficial for movement of freight.

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DMICDC launches container tracking service at Paradip and Mormugao Port

DMICDC Logistics Data Services (DLDS) has announced the launch of its container tracking service ‘Logistics Data Bank’ (LDB) at Paradip International Cargo Terminal (PICT) in Odisha and Mormugao Port Trust in Goa. The extension of LDB’s services to India’s eastern corridor and Goa comes after it has tracked 20 million EXIM containers in three years. With an 11-digit tracking code, the container tracking solution helps supply chain operations to reduce the port dwell and transportation time of export and import shipments. LDB is a single-window ICT-based container tracking solution of DLDS currently operational across 24 port terminals in India since it began operations at the Jawaharlal Nehru Port Trust (JNPT) in 2016. In 2017 it was extended to Hazira and Mundra ports of Adani Ports and Special Economic Zone (APSEZ).

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