C K Govil, President Air Cargo Agents Association of India (ACAAI) and CMD, Activair Airfreight says, “The ongoing political crisis in Bangladesh has significantly disrupted Indian export cargo transshipments. This turmoil is causing delays and increasing logistical costs particularly affecting sectors like agriculture and textiles. Internet disruption and security concerns at borders are further complicating trade operations.”
Read More »‘Exports of cotton, iron, steel, perishables, automobiles affected’
Sunil Kohli, Managing Director, Rahat Cargo says, “The ongoing political turmoil in Bangladesh has brought an abrupt halt to the exports of several commodities such as cotton, iron, steel, vegetables – particularly onion, automobiles & assorted auto products. Also severely affected are seafood exports and imports of high-quality jute that are re-exported as value-added jute products. However, the impact will likely be for the short-term, while the textile and jute sectors may gain in the long term as buyers abroad look for a safe destination for timely delivery. The political turmoil in Bangladesh has also impacted some Indian businesses who set up manufacturing bases there. An industry source expects the country may gain from exports of jute products too as Bangladesh’s situation could force buyers to turn to India. Let’s hope the situation gets back to normalcy soon in Bangladesh”
Read More »‘Indian exporters concerned about cargo delays & high costs’
Xerrxes Master, President, Association of Multimodal Transport Operators of India (AMTOI) says, “The ongoing political crisis in Bangladesh, marked by severe civil unrest and economic instability, is significantly disrupting air cargo and EXIM trade with India. Flight cancellations and logistical challenges have created a backlog in air cargo shipments, particularly affecting perishable goods and key exports like textiles. Additionally, disruptions at key border points and the Dhaka airport are further complicating trade operations. Indian exporters are concerned about delays and increased costs, which are expected to persist until the situation stabilizes.”
Read More »‘Govt likely to develop concept paper to promote hub airports in India’
Pradeep Panicker, CEO, GMR Hyderabad International Airport shares, “Government has been promoting trade through initiatives like the recent G20 Middle East Europe Economic Corridor, which promotes EXIM trade. Additionally, the National Logistics Policy, Unified Logistics Interface Platform and Gati Shakthi are initiatives aimed at transforming the domestic logistics market, ensuring multi-modal connectivity, enhancing inter-stakeholder coordination and improving the ease of doing business in India. On the airports front, the government is in the process of developing a concept paper to promote hub airports in India. This initiative aims to position India as a hub for both passenger and cargo traffic, further enhancing its role in international trade and logistics.”
Read More »Ecom Express boosts sustainability, installs solar panel at Jaipur Warehouse
Ecom Express has done advancements in sustainability with the inauguration of an extensive solar panel installation at their Jaipur warehouse. Additionally, the company has initiated an exclusive shift at the warehouse for female workers—a pioneering move in their history. Unveiled on August 5, 2024, these initiatives underscore the company’s unwavering commitment to Environmental, Social, and Governance (ESG) principles, reinforcing its leadership in sustainability within the logistics industry. Vishwachetan Nadamani, Chief Operating Officer of Ecom Express, stated “At Ecom Express, our dedication to sustainability is not just a commitment; it is integral to our vision for the future. The launch of solar panel installations at our Jaipur warehouse is a significant leap toward minimizing our carbon footprint and leading the logistics industry by example. This initiative is a cornerstone of our comprehensive ESG strategy, underscoring our commitment to environmental stewardship. Likewise, by introducing a second shift and enhancing employment opportunities for women, we are actively promoting social governance and diversity within our workforce. This multifaceted approach ensures that our growth remains responsible and inclusive aligning with our core values of respect, equality, and environmental responsibility. We are not merely adapting to the future; we are shaping it, ensuring sustainability and inclusivity for the generations to come.”
Read More »CargoAi adds new tool to streamline air cargo ops
CargoAi has added a new tool to its booking portal that allows forwarders to create real-time quotations for customers, says release. The Shipper Quotation Module will “significantly” reduce “the back-and-forth routine between procurement and sales teams” the software firm claimed. It works by enabling forwarders to generate quotes in retail time in response to customer enquiries through the CargoMART booking portal. The quotations can be managed independently without needing to rely on intermediaries. “The Shipper Quotation Module offers the flexibility to modify and cancel quotations directly from the CargoMART account,” CargoAi said. “Users can adjust their quotes to reflect changing market conditions and customer requirements, ensuring that they remain competitive and responsive to their clients’ needs.”
Read More »Kaushalya Logistics expands full truck load services in Ahmednagar
Chennai-based Kaushalya Logistics announced the launch of a new vertical in freight forwarding under full truck-load services besides boosting logistics with a new depot in Ahmednagar district of Maharashtra, said reports. The launch of the new cement depot on August 1 enhances the company’s logistics services for Adani cement, including rake point operations, depot management and secondary transportation, the statement Kaushalya Logistics said. The new depot is designed to handle approximately 120,000 metric tons of cement annually, supporting ACC and Ambuja Cement brands, thereby significantly broadening KLL’s service capabilities, it said. It also said that this depot facility will oversee the complete logistics chain, from rail movement to depot operations and transportation to secondary distribution points adding that this all-encompassing approach is set to streamline the supply chain and boost efficiency.
Read More »TVS SCS bags contract with JCB for in-plant logistics operations
TVS Supply Chain Solutions has secured a new business contract from JCB in India for managing their in-plant warehousing and logistics operations at their facility in Vadodara, Gujarat for three years. JCB has been TVS SCS’ one of the first few clients for more than two decades, with TVS SCS offering aftermarket warehouse services in Bhaproda, Haryana for Parts distribution. K. Sukumar, CEO, TVS Supply Chain Solutions India said, “JCB has been a pivotal partner in our growth journey, and we are thrilled to continue this collaboration. Securing this contract underscores our commitment to delivering process excellence and innovative, value-driven solutions. With this new deal, we are excited to offer an extensive suite of in-plant warehousing services along with cutting edge technology solutions to further drive business transformation for JCB in India.”
Read More »KSH Distriparks expands fleet to boost logistics operations
Cargo traffic at major ports grows 5.92% to 70.08 MT in July: IPA
Cargo traffic at 12 major ports in the country grew 5.92% to 70.08 million tonnes (MT) in July from 66.17 MT handled in the year-ago period, according to the data released by major ports’ apex body Indian Ports Association. The data also showed that 10 of these major ports logged positive growth in cargo traffic handling, while the remaining two saw a negative growth, as per the IPA. The 12 major ports are Deendayal (Kandla), Mumbai, Mormugao, New Mangalore, Cochin, Chennai, Ennore (Kamarajar), Tuticorin (VO Chidambaranar), Visakhapatnam, Paradip and Kolkata (including Haldia) and Jawaharlal Nehru Port.
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