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Antonov ferries largest single piece of cargo on its AN-124 aircraft

Antonov Airlines has transported a power supply skid on board one of its AN-124 aircraft – the largest single piece of cargo transported by the airline. The power supply skid was flown from Tekirdag, Turkey to Hamburg, Germany on board of one of the airline’s AN-124-100-150 aircraft in conjunction with project management firm Rolf Riedl. The prefabricated Siemens Energy sub-station used as a power distribution centre was required for Germany’s first LNG terminal to provide energy to German homes. The “E-house” was transported in the container measuring 19 m in length, 4.2 m in width and 4 m in height. To load the oversized container a loading ramp developed by the in-house Antonov team was used in conjunction with external cranes. Andrii Nazarenko, flight manager, Antonov Airlines, said: “The major task was a precise installation of low-profile loading ramp required especially for this mission. Thanks to a professional approach, the Antonov team ensured safe loading and unloading at airports under the supervision of a Siemens Energy representative.” The floating LNG terminal is scheduled to go into operation in Elbe port.

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UPS to benefit from opportunity in intra-Asia trade

UPS sees immense opportunity in intra-Asia trade and aims to help small businesses in the region with its supply chain services. A recent study published on intra-Asia trade provides insights into the needs of regional businesses which it can use to help its customers plan better. “As the world’s largest package delivery company, it’s our job to help simplify the move into international trade for small business so they can capitalise on this opportunity while also staying focused on building a healthy, profitable business,” said UPS. “By helping more businesses succeed in international trade, we hope to create an ecosystem of opportunity, profitability and growth in the long term.” Released last year, UPS’ ‘Clearing the Runway for Intra-Asia Trade’ study found the value of Singapore’s trade with 11 other major Asian markets could grow by over 50% to $13.5trn by 2030, and small business play a significant part in this. Across the 12 markets, the four segments driving the surge in intra-Asia trade are retail, industrial manufacturing and automotive (IM&A), high-tech, and healthcare, found the study. These segments accounted for 76% of Singapore’s trade with the rest of Asia, and 75% of total intra-Asia trade in 2020. However, UPS said multi-stakeholder action is required to tackle the impact of geopolitical tensions and restrictive trade policies across Asia – including tariffs and other punitive measures – that could impact its long-term trade prospects. UPS said three key actions that can be taken include digitalising completely, diversifying supply chains and promoting the integration of MSMEs (micro-, small-, and medium-sized enterprises) into regional supply chains. The findings of the study also support UPS’ efforts to work with government on facilitating trade, the company …

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‘Indian road logistics sector to see double digit growth this fiscal’

The Indian road logistics industry is expected to clock a high single-digit growth this fiscal on an elevated base of the previous year, ICRA report said. The credit ratings agency also expects the demand momentum to continue in FY24, aided by stable domestic consumption and investment demand, ICRA added. The Indian road logistics industry’s revenue growth is pegged at a high single-digit on an elevated base of FY2023, Icra said, adding that the outlook is stable. The downside risks to the estimates remain from any material tapering of demand due to high inflationary and interest rate regime, the emergence of any further Covid waves, or a sub-par monsoon impacting the overall economic health, given its strong linkage to economic activity on an aggregate basis, it said.According to ICRA, quarterly revenues for the logistics sector witnessed a marginal contraction of 2 per cent in Q3 FY23, compared to the earlier quarter of the same year.

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Air Cargo Consolidation Facility Centre opens in Goa

Air Cargo Consolidation Facility Centre launched at one of the leading Industrial Hub in Goa (Verna) in collaboration with GMR Cargo (GMR Goa Air Cargo) and Amber Airways Cargo. It is one of its kind unique Logistics initiatives extended to facilitate the industry stakeholders for making seamless Air Cargo transportation. Amber Airways Cargo announced its commencement of Consolidation Services from Verna (Goa) on schedule Road Feeder Transportation with all facilities like Truck Dock, Storage, Loading unloading base, fully secured CCTV surveillance with GPS tracking of Road Feeder Transportation & Handling equipment which makes it a game changer to plug the challenges of transporting goods connecting South Goa to North Goa and its nearby catchment areas. This in turn would enable the forwarders to significantly reduce the transportation cost associated along with hassle free and seamless cargo movement. This is the first steppingstone to achieve the vision of reducing Transportation cost and easy multi-fold network connectivity joining small & big consignments along with commercial viability. T. Purushottam Singh, Business Head of GMR Goa Air Cargo speaks, “With the development of transportation services, there would be an immense scope of diversion of International Cargo which is going through surface to air. MoPA would provide a platform wherein cargo movement to Mumbai & Bangalore via road would see them land up at GOX and reach their destination in most convenient way. Goa and its adjacent areas play a significant role in the pharmaceutical industry. Around 60% of the cargo volume shipped from Goa airport consists of Pharma products. Under such environment, progressive strategy for handling Pharma shipments is the need of the hour. These are temperature controlled critical products with high value in …

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Etihad Cargo, SF Airlines sign MoU to expand network

Etihad Cargo, the cargo and logistics arm of Etihad Airways, has signed a memorandum of understanding (MoU) with China’s SF Airlines to expand network. The MoU will enable the UAE’s national carrier to expand its reach into China via SF Airline’s extensive in-country network,” said an official release from Etihad. The partnership will provide Etihad Cargo’s customers with greater connectivity to 25 domestic destinations in China via SF Airlines’ road feeder service trucking network, further enhancing Etihad Cargo’s capabilities in the region, the release added. This MoU is the latest step by Etihad Cargo in expanding its operations in China and will see the carrier utilising SF Airlines’ Chinese network to transport cargo to other destinations in China via the Chinese carrier’s Hubei Province mega hub. Etihad Cargo will operate the flights on a Boeing 777 freighter with services commencing on April 28, 2023 in line with this partnership. Martin Drew, Senior Vice President, Global Sales & Cargo, Etihad Airways says: “Etihad Cargo is committed to establishing partnerships that add value to customers across the supply chain. Strengthening the connection between Abu Dhabi and and one of SF Airlines’ major Chinese hubs will enable Etihad Cargo’s customers to benefit from SF Airlines’ exhaustive distribution capabilities in China, and SF Airlines will reap the benefits of Etihad Cargo’s global network for its express product. Etihad Cargo is committed to the country’s ambitious growth vision, and this partnership supports the further development of Abu Dhabi as a major logistics and express hub for the region.”

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ESR invests Rs 400 crore to build logistics park in Gujarat

ESR Group has acquired 38 acres of land in Gujarat and will invest Rs 400 crore to develop an industrial and warehousing park. The project, located at Sanand in Gujarat, will have a development potential of 1 million square feet, the company said. ESR Group will invest about Rs 400 crore for construction and development. This will be ESR’s second investment in Gujarat. It had made its first investment at Jalisana, a 37-acre project. Abhijit Malkani, the CEO of ESR India, said this new park will add to the state’s flourishing industrial ecosystem. “Gujarat attracts one of the highest foreign direct investments in India and is currently turning into an EV (electrical vehicle) battery manufacturing and assembly centre,” he said. The availability of Grade A infrastructure in a strategic location like Sanand is essential for the region’s industrial growth and will add to its EV manufacturing capacity, Malkani said. ESR said there are 25 multinational and 300 domestic companies in this region across various sectors, including automobile, auto ancillaries, FMCG, engineering, plastics, packaging, and electronics. This project aims to create a focused space for established and emerging EV manufacturing and ancillary units to expand their presence in Ahmedabad, the company added.

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VRL Logistics orders 1560 trucks to boost efficiency, profitability

Ashok Leyland, the Indian flagship of the Hinduja Group, has recently received an order of 1560 trucks from VRL Logistics Limited (VRL), the company announced through an exchange filing. This order is for AVTR 3120 and AVTR 4420 TT models of Ashok Leyland. These trucks have all the advanced features to bring more efficiency and profitability to VRL’s expanding fleet. Sharing his views on the order, Mr. Shenu Agarwal, MD & CEO, Ashok Leyland, said, “VRL Logistics and Ashok Leyland have a longstanding association which is beyond the usual customer-OEM relationship. Over the years VRL has worked very closely with us in developing new products and features suited to emerging needs of customers in the logistics industry. VRL has been pioneering and the most enterprising fleet operator in our country. We take this opportunity to thank them for choosing us to be their partners of choice in growth. With this fresh order, our relationship has only become deeper and stronger.”

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Etihad Cargo set to launch cool chain facility at Abu Dhabi Airport

To expand pharma storage capabilities, Etihad Cargo is launching a state-of-the-art cool chain facility at Abu Dhabi Airport. “Established in partnership with Etihad Airport Services Cargo and Abu Dhabi Airports, our new pharma facility will double Etihad Cargo’s cool chain capacity to carry and accommodate an additional 50,000 tonnes of cool chain commodities, including pharmaceuticals and life sciences products. The pharma hub will support the growing global healthcare and life sciences demand. Etihad Cargo is also working more closely than ever before with partners to more efficiently manage pharma logistics, so we can create a more robust pharma ecosystem and ensure a more reliable global pharma supply chain,” told Fabrice Panza, Manager Global Cool Chain Solutions, Commercial, GDP Pharma Manager, Etihad Cargo. Etihad Cargo is working closely with the Department of Health, customs, the police, ground handling partners and freight forwarders to launch initiatives such as the Pharma Corridor 2.0 – a fully compliant origin-to-destination pharma air corridor – and dedicated long-term storage areas, such as KEZAD – a premier economic zone for life sciences located in Abu Dhabi that hosts many pharmaceutical manufacturers, life science businesses, laboratories, packing businesses and supporting services. “We are also enhancing our IATA CEIV Pharma-certified PharmaLife product, launching innovative features and utilising technology so our partners and customers can be confident their temperature-sensitive pharmaceutical products are being shipped reliably. We have also recently announced the launch of dedicated thermal covers, which are helping Etihad Cargo to mitigate environmental risks during the transportation of pharmaceuticals between the cool chain facility and aircraft and handover moments,” he added.

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‘Perishables driving global refrigerated warehousing market’

The Indian refrigerated warehousing Market is expected to reach a value of USD 36.87 Billion and registering a CAGR of 10.50% from 2022 to 2029, says reports. The rise in consumer demand for perishable foods is driving the global refrigerated warehousing market. Furthermore, the advancement of solid retail channels and the growing need for food safety and taste consistency are some macroeconomic factors that positively impact the worldwide refrigerated warehousing market, added report. Another factor, including growing government support for infrastructural advancements in the refrigerated warehousing sector will cushion the market’s growth rate. Additionally, the rise in the adoption rate of refrigerated warehousing systems by various food and beverage industries will escalate the refrigerated warehousing market’s growth rate. Another significant factor responsible for the expansion of the refrigerated warehousing market is government authorities’ increasing investment level to develop sustainable cold chain infrastructure. • This refrigerated warehousing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on refrigerated warehousing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Maharashtra to have 5-6 logistics parks: Nitin Gadkari

Union Minister for Road Transport and Highways, Nitin Gadkari said that five to six logistics parks will be set up in Maharashtra on behalf of his ministry. He said construction of dry ports at Jalna and Wardha was complete and work on similar ports in Nashik and Pune was being undertaken. The minister was speaking at the 11th Biennial International Conference on Ports, Shipping and Logistics. Gadkari said passenger water transport between Mumbai and Goa would be a game-changer in the region as it is very cost-effective compared to road and rail transport. The cost of transport would further come down if alternative fuels are used. The Union government has started work on 36 green highway projects, and it is paying more than the market value as compensation for land acquired for them, he claimed. That’s why land acquisition is no longer a problem when it comes to highway projects. We are working to reduce logistics cost to 9% by 2024. it is currently 14-16%. Better roads and lower logistics costs will help in enhancement of trade business and industry,” Gadkari said.

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