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 …

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.

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.

After a gap of two years, the Air Cargo Agents Association of India (ACAAI) is back with its 46th edition of Convention, to be held at Hotel Bangkok Marriott Marquis Queen’s Park, Thailand, opening today till 27th November 2022. The theme of the Convention this year is “Resilient Air Cargo Industry – Post Pandemic”. The convention will provide a perfect platform to discuss, deliberate, interact and learn as a professional community how the air cargo experts can continue to be resilient in this post pandemic era. This will be the fourth ACAAI Convention to be held in Thailand, the previous ones being held in Bangkok (2005), Chiang Mai (2006) and Phuket (2019). The key focus points will be: 1. Resilient Air Cargo in New Normal 2. Air Cargo Stakeholders: The New Warriors 3. Air Cargo: Leveraging the Power of the Seas 4. Women Power in Logistics 5.Benefitting from Advanced Technologies Bangkok, Thailand’s capital, is a large city known for ornate shrines and vibrant street life. It is famous for its revered nightlife scene and carefree atmosphere. ACAAI Convention 2022 offers an astounding opportunity for all delegates to engage in business in the midst of the culturally rich and tourist delights of Bangkok.

Talking about the 46th edition of ACAAI convention, which is all set to start today in Bangkok, Thailand, Anil Vazirani, Convention Chairman, ACAAI shares, “The air cargo industry has learned a great deal from the Covid-19 pandemic. The industry learned the need to be resilient, agile and be ready with the efficient contingency plans to deal with any future crisis. The industry adopted 100 per cent digitalisation as the only survival tool and came up with the quick and efficient solutions in the shortest possible time to deal with the situations at that time. The convention has a very relevant theme, Resilient Air Cargo, Post Pandemic, that’s what we are striving for in the new normal scenario. The convention will provdie a great platform for the air cargo industry experts – freight forwarders, airlines, airports, custom brokers, transporters, ground handlers etc to meet and discuss the struggles faced during the pandemic, existing bottlenecks and solutions to resolve the same.”

Highlighting ACAAI’s theme, C K Govil, Vice President says, “We have a long road ahead towards making India a supply chain superpower. Building a robust infrastructure, reducing the freight, and warehousing costs, and bridging the demand-supply gap are some challenges that need attention.” He adds, “In the new normal post pandemic scenario, logistical growth can happen only with combined efforts of the Indian government and the industry comrades. Our joint endeavour brought the Gati Shakti and the National Logistics Policy to fruition. But that is just the beginning. During the convention, we expect to resolve the issues through united efforts with the government and hope to receive due support in that regard. “The global centre for trade is rapidly shifting to Asia, and Indian air cargo is becoming the hero of the post-pandemic world. With strong inventory levels and manufacturing output, the industry has grown steadily this year, leaving behind the turmoil faced during the pandemic. Despite the demand fluctuation due to rising fuel costs, air cargo revenues are expected to rise to $169 billion this year, 13 per cent more than the pre-COVID levels. India has also added to the freighter capacity this year, although largely due to imports. As a result, air cargo is set to become the new normal in the Indian logistics and supply chain industry. And then, the multimodal logistics park that Reliance Industries is building in Chennai is the talk of the town currently. We strive to reduce freight and warehousing costs and reduce carbon footprints and congestion.”

“The lifeline during the Pandemic was the Air cargo sector. This sector showed it’s resilience; adaptability and strength throughout the crisis. Many new routes and commodities were added to the existing network. With passage of time, the initiatives and lessons learnt may get diluted and forgotten. The theme shall be a continuous reminder to all stakeholders,” says Samir J Shah, Honorary Secretary, ACAAI, while justifying the theme. He adds, “Many airports are expected to become functional in the near future. This coupled with new airlines will increase the penetration of this across the length and breadth of the country. Many exporters; traders; commodities will have the added option of using Air as a mode of transport. Newer entrepreneurs and new commodities will get added. The time is ripe for the sector to take a leadership role here. The issue is not only cost effective – it is also available; usable. As more users use these facilities the other benefits will fall in place.” Talking about the crucial areas of concern which will be addressed at the convention, he highlights, “Private sector partnership with the Government; removal of many redundant regulations and an all round trust regime, will be the core focus areas. The industry needs to attract a large number of young persons for all levels and a new thinking which will emerge from engaging all stake holders.”

“The pandemic and its aftermath has had a major impact on the air cargo industry. The sector managed to perform and deliver good results in spite of the severe challenges,” says, M Afzal Malbarwala, President while justifying the theme, ‘Resilient Air Cargo – Post Pandemic.’ “Learning from challenges faced, the Air Cargo industry is focussed on enhancing the infrastructure at all major cargo points, ensuring our airports are aligned to modern day cargo handling requirements and developing long due connecting links from the manufacturing zone to the airports etc,” he adds. “With volumes growing and India becoming a favoured manufacturing hub – We need to ensure moving shipments is hassle free and customers having a pleasant experience from India. To this extent – introducing and use of modern day technologies will be a key factor.” He adds, “The theme is very apt. We will be extensively discussing on the challenges faced in the pandemic, the increased freight rate and scarcity of space, issues being faced with the airlines in this post COVID scenario, and lastly the GST waiver on freight charges which every year we have been discussing with GOI,” says Malbarwala.

The state government will soon prepare Odisha Maritime Perspective Plan (OMPP) and Odisha Ports Capacity Augmentation Plan (OPCAP) as part of its newly formulated Port Policy 2022 for the development of ports and improving cargo handling capacities. Both OMPP and OPCAP would be prepared after studying the maritime ecosystem involving ports, hinterland potential, cargo evacuation, port connectivity, environmental enhancement and development of the coastal communities, said official reports. Odisha handled around 160 MTPA of cargo in 2021-22, with the major port of Paradip handling the lion’s share at 116 MTPA. While the focus is to establish newer ports to cater to the increasing cargo volume, equal importance will be accorded to augment the cargo handling capacities of the existing and proposed ports. As per the reports, the state government has already identified 14 potential sites for the development of non-major ports, of which Dhamra and Gopalpur are already functioning. The new policy will facilitate private developers for the development of such non-major ports.

According to a new research conducted by FedEx Express states that small and medium-enterprises (SMEs) which embraced e-commerce during the COVID pandemic are underestimating the importance consumers now place on sustainability in their purchase decision-making. Around 85 per cent of Indian SMEs surveyed said their customers are more interested in receiving their goods as quickly as possible rather than in sustainable shopping, said report. A similar number, 80 per cent, thought that receiving goods as cheaply as possible is more important to customers. Insights from consumers show the reality is very different. “The What’s Next in eCommerce survey polled SMEs and consumers in India, and 10 other markets in the Asia Pacific, Middle East and Africa region (AMEA) in July 2022. The poll explored the continuing evolution of eCommerce in the region and identified trends that could fuel their future growth. Key Findings: Consumers want both sustainability and speed The accelerated growth of eCommerce during the COVID-19 pandemic occurred as consumer concerns over the environment continued to grow. For a significant number of consumers, the future of the planet is top of mind, and they do not want to compromise – they want both sustainability and speedy delivery. In India, 70% of those surveyed expressed as much interest in receiving their goods quickly as they did in the sustainability of the online shopping process,” said reports.