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.
Read More »MASkargo and cargo.one announce global partnership
As part of its digitalization agenda, MASkargo, a Malaysian Cargo Airline, has entered into a distribution agreement with e-booking platform cargo.one. The aim is to bring a smooth digital booking experience to MASkargo’s customers and to expand its presence in key cargo markets. “At MASkargo, our strategy is to deliver a first-class customer experience by way of a continuous innovative digital solutions cycle. We are delighted to partner with cargo.one to augment our domestic digital offering to a premium global presence by bringing our real-time rates and capacities to this innovative and rapidly growing online booking platform”, Mark Jason Thomas, chief commercial officer at MASkargo, explains.
Read More »DTDC and Narayana Health successfully set up an oxygen generator plant in Jaipur
DTDC and its strategic partner, Geopost SA (DPD Group), owned by France’s Le Groupe La Poste., are proud to associate with Narayana Hrudayalaya Charitable Trust and Narayana Hrudayalaya Ltd. for the successful set-up and inauguration of an oxygen generator plant in Jaipur. The one-of-its-kind oxygen generator plant was inaugurated by DTDC Chairman and MD, Subhasish Chakraborty, in the presence of top officials from DTDC and Narayana Health. The valuable joint -initiative, installed in the Narayana multi-speciality hospital in Jaipur, is geared to help the country fight the ongoing Covid pandemic. On the ocassion, Subhasish Chakraborty said, “The cutting-edge oxygen generator plant, imported from the US, is a result of joint efforts of DTDC, our strategic partner, Geopost SA (DPD Group) and the able team at Narayana Health. As a part of our CSR program for Covid care support, we have made a significant contribution of Rs 1.56 crore to Narayana Hrudayalaya Charitable Trust. DTDC and Geopost SA (DPD Group) also ensured the seamless logistical movement of the oxygen generator plant”.
Read More »Emirates SkyCargo upgrades booking experience with CargoWise
Emirates SkyCargo is taking the digital way for customer satisfaction experience. Working with WiseTech Global, a leading provider of software solutions to the logistics industry, Emirates SkyCargo will be providing direct access to its flights and inventory for cargo customers through the CargoWise platform. Customers will now be able to make cargo bookings direct on the platform for a majority of their cargo requirements after completing a short registration process. “At Emirates SkyCargo, we are always looking at ways to make every stage of the transportation process more efficient – from the time of booking the shipment to the delivery of the cargo to the consignee. We are delighted to work with WiseTech to connect the CargoWise platform to our own Emirates SkyChain system, allowing customers enhanced direct access to search for flights and make bookings directly with Emirates SkyCargo without requiring any other touchpoints. This will save time and effort for our customers and for our global teams and at the same time help avoid any unnecessary confusion and inefficiencies in the booking process,” said Nabil Sultan, Emirates divisional senior vice president, Cargo.
Read More »DP World signs MoU worth INR 2000 crore with Tamil Nadu Government
UAE-based logistics major DP World is investing around INR 2,000 crore in a slew of projects in Tamil Nadu, including setting up of a new container terminal, cold storage and seafood processing zone among other units. Some of the other projects lined up include a free trade zone with an integrated rail siding, a minor port in the Eastern Coast of Tamil Nadu and inland container depots in Erode, Karur and Tirupur. “These projects may create employment for 4,500 people (1,500 direct and 3,000 indirect),” a government official said. DP World has signed a memorandum of understanding with the state government seeking facilitation support required for the projects.
Read More »Shipping lines to freeze spot rates
The world’s third-largest container carrier said it’s capping spot rates for ocean freight for the next five months, yielding to pressure from some customers and regulators concerned that global trade disruptions have pushed the cost of shipping too high. “Although these market-driven rate increases are expected to continue in the coming months, the group has decided to put any further increases in spot freight rates on hold for all services operated under its brands,” CMA CGM SA said in a statement on its website. The decision, which will resonate throughout the industry, took effect Thursday and runs through Feb. 1. Based in Marseille, France, the company said it’s “prioritizing its long-term relationship with customers in the face of an unprecedented situation in the shipping industry.”
Read More »New Air cargo hub in Oklahoma to reduce market time and ease congestion
Global Transportation and Industrial Park of Oklahoma (GTIP) is being created on more than 200 acres of shovel-ready and build-to-suit land at the former U.S. Army Air Force base in Ardmore, Oklahoma. Representatives of GTIP have begun discussions with airlines, freight forwarders, integrators, and beneficial cargo owners about developing air cargo solutions at the multimodal park. GTIP will become an international, state-of-the-art global cargo hub. It includes an already fully functional airport with 9,002-foot and 5,404-foot runways, 24/7 airspace access and 1.2 million square feet of aircraft parking space. The existing infrastructure can handle the vast majority of preighters and freighters, up to the B777-200, and future plans will increase the capacity to include the B-747 freighter family. “GTIP represents an extraordinary opportunity for the air cargo community to create capacity by utilizing an existing airport that can accept air cargo today,” said Michelle Bowling, senior director of sales for Watco, a partner in developing and operating GTIP.
Read More »Logistics major Aramex to split core business for growth opportunities
In its transition to a new operating model, Aramex has announced its plans of splitting its business in two: Aramex Express will cater to e-commerce and B2C; while Aramex Logistics will become the freight forwarding B2B arm. The company believes that this reshuffle will “enhance customer service levels and operating efficiencies, while capturing greater global market share”. Aramex Express, which includes international and domestic delivery, will serve the B2C customer base, including Shop & Ship, e-commerce, FMCG, SMEs and other customers needing “innovative last-mile solutions”. The company has been a strong player in e-commerce deliveries across the Middle East, with a marked presence in Saudi Arabia and the UAE. Aramex Logistics, which includes air freight, sea freight, land freight and warehousing and distribution, will serve the B2B customer base across multiple industries including oil & gas, healthcare & pharmaceutical, aerospace and retail & fashion.
Read More »Yet another Suez Canal blockage, but no global traffic jam in sight
The Suez Canal Authority had to put up with with another ship running aground in the high-traffic waterway. The Coral Crystal, which measures 225 metres in length and 32 metres in width, was passing through the canal with 401 tonnes of cargo when it ran aground. However, the good news is that there was no global shipping traffic jam. Although it is yet to be ascertained why the bulk carrier ran aground, it has been reported that it was only stuck for short time. According to some international reports, the carrier only took 15 minutes. Fortunately, it was stuck in a double-lane section of the canal, so other vessels could keep going on their way in another lane. Earlier this year, the Ever Given blockage led to a global traffic jam. The 440-metre-long Ever Given was wedged in the canal for six days, creating a massive traffic jam and leading to international shipping delays as vessels were forced to go around Africa instead of passing through the canal.
Read More »Mammoth Freighters launch 777P2F conversion programs
Mammoth Freighters LLC (Mammoth), a logistic solution provider has launched its Boeing 777-200LR and 777-300ER passenger-to-freighter conversion programs. Mammoth brings a flexible business model to market that provides air cargo operators and asset owners dynamic new options including the ability to provide their own assets for conversion or acquire or lease ready-to-fly converted freighters from Mammoth’s existing feedstock of ten 777-200LR GE90-110B1 equipped aircraft. These assets were acquired from Delta Air Lines and are the largest fleet of -200LR sister aircraft in the world. Mammoth was founded in December 2020 by two aviation industry executives, Bill Wagner and Bill Tarpley, both serving as the company’s Co-CEOs. The Company is backed by private investment funds managed by Fortress Investment Group LLC and its affiliates (Fortress). The company has launched its Supplemental Type Certificate (STC) development program with the plan to achieve FAA approval in the second half of 2023.
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