priiyaanss

Alternative Fuels In The Logistics Industry: The Green Energy Revolution

Sustainable fuels are expected to play a critical role over the next 10 to 20 years in efforts to cut down the consequences that transport has on the climate. Climate-neutral logistics is now an imminent future and efforts are on to leverage this opportunity, especially for the logistics and supply chain sector. The emergence of carbon-neutral fuels has come at a time when the need for sustainability is pronounced and strongly felt across industries, and fortunately today, we have a variety of potentially sustainable fuels that now exist. From well-known alternatives like biofuels and hydrogen to lesser-known options like synthetic fuels, each alternative fuel comes with its own set of advantages and limitations. There is not a particular choice that has surfaced as the obvious alternative, but regardless, it is all about generating momentum for continued development of sustainable fuels. To achieve the vision for a climate-neutral future, intelligent strategy, requisite infrastructure and bundling expertise will play a paramount role. Creating a more sustainable economy is only possible if we join forces and follow the right strategy, and logistics plays a critical role in this.

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FIEO launches Ease of Logistic Portal for improved container demand fulfilment

The Federation of Indian Export Organisations (FIEO) has launched an ease of Logistic Portal to facilitate the process of container demand fulfilment in a systematic manner with the provisions for exporters to post their requirements. The portal is an initiative of FIEO to bring service seekers and service providers on a single platform to discuss and finalize business. It gives visibility of exporters logistics requirements (ocean freight, air freight etc) on Pan India basis to be fulfilled by Logistics Service Providers. The platform also gives large business outreach and networking opportunities to users.

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SpiceXpress inaugurates airport based Free Trade Zone Warehouse at Hyderabad airport

SpiceXpress is creating unique propositions in the Indian Logistics field by inaugurating the first of its kind Airport Based Free Trade Zone Warehouse in GMR Hyderabad international Airport, Telengana. At a time when India and the state of Telengana in specific is looking forward to promote the export and import of goods and help the manufacturers and traders boost their business we at SpiceXpress have taken the initiative of creating the Free Trade Zone at GMR Hyderabad International Airport, which is the right solution. A free-trade zone (FTZ) is a class of special economic zone. It is a geographic area where goods may be imported, stored, handled, manufactured, or reconfigured and re-exported under specific customs regulation and generally not subject to customs duty. “Most of our free trade zones are on the sea port side helping the manufacturers and traders who use the sea mode. Manufacturers and traders using Air mode, specifically Pharma, E Commerce, Aero Space, Perishables, etc had logistical challenges using these free trade zones. We at SpiceXpress are the first ones to set up a Free Trade Zone (FTZ) Warehouse on the Airport Side.”said Sanjiv Gupta, CEO, SpiceXpress

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LOGOS leases a million sqft of warehousing space to Amazon India

Logistics operator LOGOS, in one of the largest warehouse lease transactions, leased out a million square feet of warehousing space in Devanahalli Industrial and Logistics Park in north Bengaluru to e-commerce major Amazon India. The 20-year long lease tenure has a rental outflow of $100 million. Built by LOGOS, the Amazon India facility will comprise a receiving centre, sorting centre, fulfilment centre and Amazon Retail in a single location, thus enabling the firm to enhance operational efficiencies and service the growing demand in this region. “The Indian warehousing sector has seen significant attraction from both global and domestic investors and occupiers on the back of the GST changes and significant growth in e-commerce. LOGOS is committed to establishing a new benchmark of high quality and sustainable logistics warehousing in India to support the critical infrastructure services needed for new economy businesses in India.” said Mehul Shah, CEO, LOGOS’ Indian business

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Air France KLM Martinair Cargo partners with Total Touch Cargo for SAF programme

Air France KLM Martinair Cargo (AFKLMP Cargo) and Total Touch Cargo Holland BV (TTC) join hands within the framework of the airline’s sustainable aviation fuel programme. Under the partnership, AFKLMP Cargo will use sustainable aviation fuel (SAF) on selected cargo flights from Nairobi – Kenya to Amsterdam Airport Schiphol, carrying TTC’s fresh agricultural and horticultural products. Cargo CEO/owner Harry van der Plas was at the AFKLMP Cargo headquarters at Schiphol to sign the formal documents. The agreement includes a fixed annual investment from Total Touch Cargo that will allow AFKLMP Cargo to further expand development and procurement of SAF. TTC’s contribution will be used to cover the cost differential between conventional aircraft fuel and SAF.

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Ecom Express launches delivery partner initiative ‘Ecom Sanjeev Program’

Ecom Express has announced the launch of its delivery partner initiative under the name of “Ecom Sanjeev Program (ESP)” that is aimed at creating part-time work opportunities for individuals that allow them to work at flexible timings to maximise their earnings by delivering e-commerce packages to customers. “This program, besides empowering the gig workforce, will help to scale the company’s delivery capabilities in assuring speed, reliable and effective logistics solutions to deliver online-ordered products safely at customers’ doorstep. Ecom Express is looking at engaging 16000 + gig workforce as independent delivery partners to handle the upcoming e-commerce festive season shipment load in key cities and districts across the country,” reads the release.

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lATA’s World Cargo Symposium to take place in Dublin

With just weeks to go until one of the biggest events for the air cargo sector, IATA’s World Cargo Symposium has now moved to Dublin. The symposium will take place at the Convention Centre Dublin, from October 12-14. The three-day event had originally been scheduled to take place in Istanbul but due to difficulties in travelling to and from Turkey, it has now been moved to Dublin. “IATA’s World Cargo Symposium is moving to Dublin, Ireland,” the airline association said on its website. “Dublin is picturesque, historic, and filled with stories at every turn. We had hoped to bring you to Istanbul, but circumstances changed.” The event had originally been scheduled to take place in Istanbul in March 2020 but was later rescheduled due to the outbreak of covid-19. The symposium has become the largest annual event in the air cargo calendar, attracting more than 1,000 attendees and 40 exhibitors.

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Boeing sees huge potential for P2F over next 2 decades

Replacement of aging airplanes and freighters in-demand for e-commerce and other services is likely to create a demand for 2,610 freighters in the next two decades, according to the new Boeing Commercial Market Outlook. “Of these, 890 planes will be production freighters. The remaining 1,720 freighters are forecast to be passenger-airplane conversions. The freighter fleet will increase by 70 percent from 2,010 airplanes in 2019 to 3,435 airplanes by 2040,” the report said. Air cargo traffic declined 9 percent in 2020 following a 3 percent decline in 2019 due to the economic downturn and disruptions caused by the pandemic, Boeing said in its statement. “Air cargo traffic is now above 2019 levels. Accelerated e-commerce growth, supply chain disruptions, and severe maritime challenges are contributing to a robust air cargo market recovery.”

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Leipzig/Halle Airport annual freight volume exceeds 1 mn tonne in August

The volume of freight handled at Leipzig/Halle Airport (LEJ) reached the figure of 1,025,187 tonnes and already exceeded the 1 million mark in the month of August since the beginning of the year. This represents an increase in the amount of cargo of 18.4 percent compared to the same period in the previous year. Approximately 125,050 tonnes were processed at the airport in August alone this year. That represents an increase of 15.1 percent in comparison with the same month in the previous year. The total amount of freight handled in the previous year set a new record at more than 1.38 million tonnes. The number of air cargo flights rose by 25.8 percent to more than 40,000 during the first eight months of the year. Leipzig/Halle Airport is one of the cargo airports with the dynamic growth rates in the world. LEJ is the first airport in Germany to have registered more flights in August than before the Covid-19 crisis (August 2019).

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Google Cloud brings supply chain twin solution for end-to-end visibility

Google Cloud announced the launch of Supply Chain Twin, a purpose-built industry solution that lets companies build a digital twin–a virtual representation of their physical supply chain–by orchestrating data from disparate sources to get a more complete view of suppliers, inventories, and other information. Google Cloud also announced the Supply Chain Pulse module that can be used with Supply Chain Twin to provide real-time dashboards, advanced analytics, alerts on critical issues like potential disruptions, and collaboration in Google Workspace. The majority of companies do not have complete visibility of their supply chains, resulting in retail stock outs, aging manufacturing inventory, or weather-related disruptions. In 2020, out-of-stock items alone cost the retail industry an estimated $1.14 trillion.

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