Emirates is officially expanding its all-Boeing dedicated freighter fleet with an order for five 777 freighters, valued at more than $1.7 billion at list prices, said Boeing’s official release. The freighters will be operated by Emirates SkyCargo, adding to its fleet of 11 777Fs. At last November’s Dubai Airshow, Emirates announced a $1 billion investment to expand its air cargo capacity including two new 777 freighters that joined Emirates’ fleet this year. While two freighters will be delivered in 2024, and the remaining three units in 2025, the release added. “Emirates is investing in new freighters so that we can continue to serve customer demand with the latest fuel-efficient aircraft. This order reflects Emirates’ confidence in air freight demand and overall aviation sector growth. It lays the ground for our continued growth, which is driven by the reach of our diverse global network, the advanced handling infrastructure at our Dubai hub, and the tailored transport solutions that Emirates has developed to serve our varied customers’ needs,” the officials added.

Worldwide Flight Services (WFS) has opened its latest and third cargo handling facility at Copenhagen Airport. The new Terminal 3 cargo building adds a further 3,700m² warehouse facility to WFS’ handling infrastructure in Copenhagen, where it handles over 100,000 tonnes of cargo a year, carried onboard passenger and freighter services. Since opening its first Scandinavian handling operation in Copenhagen in 2008, WFS has become the largest cargo handler at the airport, serving over 30 airline clients with flights to the Danish capital. It also provides cargo handling services for more than 125 offline carriers. The original 4,600m² cargo warehouse terminal was added to with a new 3,000m² Terminal 2 facility in 2010, and, in 2019, WFS also invested in a new GDP-certified Pharma facility, increasing its footprint by a further 1,500m², to support the cluster of life science companies in the Greater Copenhagen area. “Copenhagen is a very progressive airport with a strong commitment to supporting its cargo customers. Since 2008, WFS has also demonstrated its confidence in the Danish and regional air cargo market through our continued investment and expansion, and we will continue to play a lead role in the growth of the airport and the airlines who fly here. We see a great future,” said WFS’ Managing Director Scandinavia, Thomas Egeland.

Unipart Logistics has won a multi-year contract to provide in-plant logistics services to Airbus. The contract will become effective as of early 2023 and will see Unipart Logistics be responsible for the receipt of products brought in from around the world to Airbus’ onsite wing assembly lines in both Broughton in north Wales and Bristol in the southwest of England. It will also entail responsibility for warehousing, kitting and line feed logistics. Simon Wheelton, aerospace & defence sector director for Unipart Logistics, said: “We are very pleased to enter into a long-term partnership with Airbus, committing to supply chain transformation and driving best practices across these production logistics operations. “Our foundation of process excellence, engagement and sustainability closely aligns with Airbus’ and, when combined with our world class health and safety standards and the application of digital solutions, enables us to deliver Airbus’ vision for logistics which has sustainability, safety, quality and innovation at its heart,” he said.

LATAM Cargo and DSV will increase the frequency of their freighter partnership operating out of Huntsville as they look to capitalise on demand to South America. The partners started the service five months ago with a once-a-week flight on Mondays between the US airport and Viracopos in Brazil utilising a B767-300F. The operation will now be expanded to three times per week with the addition of flights on Wednesdays and Fridays. LATAM said that Huntsville is an “optimal origin and destination point, given its great connectivity both within the US and to international markets in Asia, Europe and South America”. Executive vice president of DSV, Mads Ravn, said: “With the addition of two additional frequencies to the DSV Charter Network, we will now be able to offer unmatched transit times from the US south east as well as in-transit cargo from Asia and Europe. “LATAM Cargo’s agile approach, to adapt to our customer’s needs in a challenging market has been instrumental. With the option to connect to LATAM’s network in South America, we offer our customers faster transit time and savings on trucking to Miami by stopping at the DSV Hub in Huntsville, Alabama for direct uplift to all of Latin America.” The additional flights come as DSV yesterday reported a “reduced growth rate” for airfreight business in the third quarter of 2022 as rates declined and consumer demand dropped amid economic uncertainty.

Online cargo booking portal CargoAi and Logistics management platform Magaya have entered into partnership to connect and use APIs, allowing Magaya customers to retrieve and compare airfreight schedules, availability, pricing, information on aircraft types and a CO2 calculator. “We are excited to now offer the ability for our Rate Management customers to discover the best air shipment schedules and rates in a matter of seconds with our CargoAi partnership,” said Mark Buman, chief revenue officer at Magaya. Matt Petot, founder and chief executive of CargoAi, added, “Our integration with Magaya Rate Management will allow freight forwarders to benefit from operational efficiencies while our airline partners gain access a greater network of buyers.” CargoAi recently agreed a strategic partnership Chain.io, a cloud-based integration platform linking players across the global supply chain.

Movin Express, a joint venture between UPS and InterGlobe Enterprises, has announced the expansion of its Express end-of-day service to 19 new cities and towns, providing faster time in transit in Tier 1 and Tier 2 cities. This expansion takes the network of Movin’s Express end-of-day services to 47 cities, covering ~3000 pin codes, which caters to major commercial production and consumption hubs of India. This latest phase of expansion of operations, supported by tech-driven innovations, has spread MOVIN’s services in Metros as well as Tier 1 and Tier 2 cities to cater to customers’ demands in the ever-expanding B2B logistics space. The 19 new cities are Allahabad, Aurangabad, Bagdogra, Belgaum, Dehradun, Guwahati, Hubli, Jodhpur, Kolhapur, Madurai, Mysore, Nagpur, Rajahmundry, Rajkot, Thiruvananthapuram, Tiruchirappalli, Tirupati, Udaipur and Varanasi. The already existing 28 cities include Ahmedabad, Amritsar, Baroda, Bengaluru, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Cochin, Coimbatore, Delhi-NCR, Goa, Hyderabad, Indore, Jaipur, Jalandhar, Kanpur, Kolkata, Lucknow, Mangalore, Mumbai, Patna, Pune, Raipur, Ranchi, Surat, Vijayawada, and Visakhapatnam. JB Singh, Director InterGlobe Enterprises and Board Member of Movin, said, “The decision to expand our presence into these cities was a logical step in our business growth strategy. It has been in line with our plan to tap into key locations that generate most of India’s B2B commerce volume. Our network in this phase of the expansion has added some of the most strategic markets in the country that will allow us to unlock businesses from sectors such as textiles, electronics, IT peripherals, automotive components, healthcare, and e-commerce. Our customers are gaining business value from our class-leading, competitive, and technology-driven express and standard premium services.”

Welspun One Logistics Parks (WOLP) has signed a pact with the Karnataka government to set up warehousing facilities and logistics parks in the state at an investment of ₹2,000 crore. “WOLP intends to spend a total of INR 2,000 crores in Karnataka with the support of this association. The warehousing facilities and logistics parks will spread across 6.28 million sq. ft. and will be built over a 5 year period which will help generate more than 6,000 jobs,” the company said in a statement. Balkrishan Goenka, Chairman, Welspun Group, said, “Our investment of INR 2,000 crores not only paves the way for Welspun One to expand into the growing warehousing and logistics market but also significantly demonstrates our ongoing dedication to the Indian economy. This industry is going through a major transformation as more emerging sectors and other businesses create increasing demand. This association will boost our fundamental goal of developing cutting-edge facilities of the greatest calibre and aid us in taking the next leap forward. We are really appreciative of the Karnataka government’s proactive support as we grow our operations.”

has signed an MoU to invest INR 3,000 crore in Karnataka to boost its warehousing and logistics sector. The MoU is signed for a period of seven years and promises to generate 14,000 new jobs in Karnataka. The announcement was made at the Invest Karnataka 2022 summit at the Bengaluru Palace grounds and was presided over by Chief Minister Basavaraj Bommai. This investment by IndoSpace will help attract further investments in the state and help meet the increasing demands of industries linked with warehousing and logistics, said official release. Rajesh Jaggi, Vice Chairman – Real Estate, Everstone Group, said, “Karnataka has a vibrant and growing base in sectors like automobile, electronics, aerospace, agriculture, textiles and engineering. We want to help enrich these industries and provide them with world-class warehousing and logistics facilities. Our investment, which is the largest ever in Karnataka, will work towards enhancing the industrial infrastructure in the state. IndoSpace already has significant presence in the state, and we have enabled tenants from sectors such as electronic, automobile, e-commerce, fashion, supply chain and more to grow. At IndoSpace, we are committed to strengthening the Indian economy by meeting the country’s ever-rising demands around industrialisation and the supply chain ecosystem. We look forward to support from the Karnataka government and make a positive impact in the state.”

S A Mohan, Founder Director, Warehousing Association of India (WAI), CEO & Director at Armes Maini Storage Systems shared his views on National Logistics Policy and said, “NLP is the first step towards a unified approach to the logistics industry. There are several elements in logistics such as multi-modal transportation, warehousing & related infrastructure. NLP has specifically set out the agenda for Digitization, Unified Platform, all of which are directed towards a transparent system visible to stakeholders across all modes of transport and regulatory authorities. As the platforms go live, ease of doing business will be enabled resulting in improved efficiency and speed. Cost of logistics will drop over time when overall system begins to function seamlessly.” He added, “Modern Warehouse Infrastructure is another significant element for efficient logistics and growth of the economy. The release of E-Handbook for Warehouse in collaboration with Warehouse Association of India is the first step towards standardization of Warehouses. The handbook is a key resource for development of Modern Warehouses for developers and related stakeholders including end users.” “Along with development of Modern Warehouses, size and scale will be significant to drive improved efficiencies in operations and costs. Well designed, safe Storage Racking & Shelving Systems, efficient Material Handling Equipment, Conveyors, High Speed Sortation Systems, Cargo Lifts etc., will facilitate cost and operational efficiencies at scale for Warehouses. Modern Warehouses will allow deployment of Automated Material Handling solutions. Automation is available from entry level to sophisticated solutions depending on business needs,” he further noted. Summarising it, Mohan said, “NLP and E-Handbook for Warehouse is a good beginning to develop Logistics Infrastructure for India’s growth towards US$ 5 Trillion Economy and beyond.”

Singapore’s sovereign wealth fund GIC and Asia-pacific focused real estate services and investment company ESR Group have entered a strategic partnership to set up a $600 million or Rs 4,964 crore joint venture to acquire income-producing core industrial and logistics assets in India. The sovereign fund will be holding 80% equity in the joint venture (Core JV), while the Hong Kong Stock Exchange-listed ESR will control 20% equity. This joint venture is an extension of the of the existing partnership in India between the two, which was initiated in 2020. With the new arrangement, the capital pool available to invest in development and core logistics and industrial opportunities across the country stand over $1 billion. With the new arrangement, the capital pool available to invest in development and core logistics and industrial opportunities across the country stand over $1 billion.