DFCCIL Managing Director RK Jain recently inaugurated the Rewari Gati Shakti Cargo Terminal by flagging off a container carrier freight train. Other senior officials of DFCCIL including Director Operation and Business Development N Srinivas and Director Finance Heera Ballabh were also present on the occasion.This terminal has been commissioned by DFCCIL within a short span of 75 days at New Rewari Station Line No 10 of Western DFC. New Rewari Gati Shakti Cargo Terminal is an important terminal for container traffic. For this, an investment of about Rs 8 crore has been made by the GCT operator. The entire terminal access charge will be passed on by the GCT operator to the Indian Railways i.e. DFCCIL. This is a revolutionary change in the existing system of Indian Railways.With the commissioning of this terminal, there is a possibility of an increase of about 30 per cent in container traffic. The terminal will act as a logistics hub for EXIM container traffic under the ‘hub-and-spoke’ policy of the Indian Railways. With the commissioning of Rewari Gati Shakti Cargo Terminal, the operational efficiency of goods trains will increase and time and money will also be saved.
Read More »AVG Logistics takes parcel cargo express train on lease for Rs 105 crores
AVG Logistics Ltd has taken on lease Parcel Cargo Express Train, (goods train) running from Chennai to Guwahati for Rs 105 crore. The train will be used by AVG Logistics to transport its goods and will ply four times in a month, completing 313 trips during the lease period of six years. Although the train will be managed and operated by the Indian Railways, the responsibility for filling the train with goods lies with AVG Logistics. AVG will transport goods such as tyres, textiles, readymade garments, FMCG products and agarbattis. From Guwahati, the train is expected to transport goods like tea, bamboo products, plastic goods, mosquito repellents, FMCG items and hair oil. Indian Railways has inked similar deals with DTDC Express, DRTC Logistics, DOT Express, Patel Roadways, V-Trans and FastDespatch Logistics. The scheme, called Parcel Cargo Express Train, was introduced in 2020, and promoted as an alternative to booking an entire goods cabin, said official reports.
Read More »DP World, Vedanta partner to facilitate seamless cargo movement from Goa to Modinagar
DP World has partnered with Vedanta Sesa Goa to facilitate the seamless movement of crude iron cargo from the coastal state of Goa to its cutting-edge inland container depot at Modinagar, said DP World’s official LinkedIn post. This rail freight solution aims to reduce reliance on road transport, alleviate traffic congestion, cut road maintenance costs, and contribute to environmental sustainability through its capacity to handle bulk cargo. The transition from road to rail is expected to result in a 70% reduction in carbon dioxide (CO2) emissions for Vedanta Sesa Goa. This partnership underscores our commitment towards fostering innovation, ensuring sustainability, and elevating the standards of cargo transportation in the metallurgical industry, the post added.
Read More »‘More airports in tier 2 & 3 cities, rise in exports, infra, multimodal connectivity’
With the focus on making India ‘Viksit Bharat’ by 2047, Finance Minister Nirmala Sitharaman presented the interim budget and said the government’s focus is now on Sabka Sath, Sabka Vikas.” She said, “Tier 2 and Tier 3 cities will have more modern airports, in the coming years, there will be 11% increase in overall infrastructure expenditure. Exports will be doubled to ₹1-lakh crore rupees,” said FM. Touching upon measures that will be taken to expand India’s railway infrastructure, Sitharaman announced, three major railway economic corridors including energy, mineral and cement corridor, a port connectivity corridor and a high traffic density corridor. “Railway projects have been identified under the PM Gati Shakti Yojana for enabling multi-modal connectivity. These will improve logistics efficiency and reduce costs. Decongestion of high traffic corridors will result in improving operations, which in turn would result in safety and higher travel speeds for passengers. These corridors, along with dedicated freight corridors, will accelerate our GDP and reduce logistic costs. Finance Minister also said that the government is focused on more comprehensive ‘governance, development, performance’ – termed as ‘GDP’.
Read More »KSRTC to induct 20 cargo trucks to enhance freight business
The Karnataka State Road Transport Corporation (KSRTC) is planning to induct 20 cargo trucks in a determined foray into organised freight business. Transport Minister Ramalinga Reddy inspected one of these trucks at the KSRTC central office and will flag off 20 on December 23, said reports. The government-owned bus operator has launched its freight business called ‘Namma Cargo’ to increase its its non-fare revenue. While the KSRTC has increased its freight traffic revenue from Rs 1 crore to Rs 2.5 crore a month, it’s planning to scale up operations. The induction of 20 ‘Namma Cargo’ trucks is a step in that direction,” added reports.
Read More »AVG Logistics acquires over 50 cold chain vehicles to strengthen fleet operations
AVG Logistics acquires over 50 cold chain vehicles (reefer trucks) from global multinational companies to strengthen fleet operations, says release. “We acquired this fleet of 50 vehicles after detailed due diligence and assessment of vehicle quality, condition, wear & tear. This greatly enhances AVG’s ability to service recently signed a long-term contract with India’s largest MNC FMCG Company, both on the dry and frozen goods side,” company’s Managing Director and CEO Sanjay Gupta said in a statement. This acquisition takes the company’s total cold chain fleet strength to 275. AVG Logistics provides customised and technology-driven solutions across warehousing, distribution, and supply chain management.
Read More »New dedicated rail freight service links Delhi to Hazira
DP World flagged off a first-of-its-kind dedicated rail freight service, ‘SARAL’ from Hazira in Surat, Gujarat, to the North Capital Region (NCR). True to its name, ‘SARAL’ which stands for Sustainable, Assured, Reliable, and Agile Logistics, will provide door-to-door sustainable cargo solutions for businesses based in South Gujarat and connect them to markets in and around NCR region and vice versa. The new SARAL rail freight service will link important markets in South Gujarat such as Surat, Vapi, Valsad, Vadodara, Bharuch, and Ankleshwar to markets in and around the NCR such as Western Uttar Pradesh, Eastern Rajasthan, Haryana, and South Punjab. Commenting on the launch of the SARAL service, Adhendru Jain, Vice President, Rail and Inland Terminals, DP World Subcontinent, said, “Ensuring resilient infrastructure and streamlined logistics is essential for enhancing economic growth and facilitating seamless domestic trade. Currently, the businesses in South Gujarat are primarily using roadways for cargo movement. SARAL, our new rail freight service, offers them a more sustainable way to move cargo with enhanced connectivity between Gujarat and NCR. In addition, our track and trace technology will provide complete visibility of the cargo to customers. We are deeply committed to create innovative solutions for our customers that are sustainable as well as efficient for the supply chain.” The SARAL service along with DP World’s multimodal network which provides the last and first mile connectivity facilitated by container trailer trucks, ensures secure delivery from the factory to the desired drop location within 72 hours. This multimodal play of truck and rail will lead to reduction in carbon dioxide (CO2) emissions. DP World will also provide cargo owners with a sustainability certificate that highlights the reduction of CO2 …
Read More »CONCOR, ITE partner to launch ‘IceBattery’ in Indian market
Container Corporation of India Limited (CONCOR) under the Ministry of Railways, GoI, is partnering with Japan-based “Innovation Thru Energy™” (ITE) to introduce groundbreaking IceBattery™ technology to the Indian market. CONCOR and ITE are jointly unveiling state-of-the-art temperature-controlled 20-feet & 40-feet (20FT/40FT) containers coupled with advanced DX (Digital) platforms, addressing critical issues in cold chain logistics, including environmental concerns, food wastage, the absence of a robust medical cold chain, and rising logistics costs. ITE, a leading manufacturer of green and sustainable cold chain solutions, offers cost-efficient supply chain solutions while reducing carbon emissions across train, sea, land, and air-cargo cold chains, as well as last-mile delivery. Key Features of 20F/40F IceBattery Container: Reduces energy consumption by 70~80%. Maintains temperatures between 2°C~10°C and 70~90% humidity without active power, extending perishable shelf life. While in operation 0% energy and 0% CO2 emission Save 70~0% CO2 emission, Carbon offset. Leverages the latest cold chain innovations to optimize resources, with a 12-hour charge providing 72 hours of temperature maintenance. Suitable for transporting perishable food items, non-food items, pharmaceuticals, vaccines, and other healthcare products.
Read More »MOVIN launches second phase of Electric Vehicles in Bengaluru
MOVIN launches their second fleet of Electric Vehicles for first and last-mile deliveries in Bengaluru. MOVIN is dedicated towards the implementation of sustainable logistics solutions, and with their EVs, they aim to reduce 200 tons of CO2 emissions within the next year. JB Singh, Director, MOVIN Express said, “At MOVIN, we are committed to accelerating the adoption of clean energy mobility solutions, driving positive change in the logistics industry with a focus on sustainability, community, and technology. This transition to the electric fleet for our first and last mile delivery operations is a progressive move which embodies our unwavering commitment to environmental responsibility and signifies our drive to lead in sustainable logistics, delivering a greener and cleaner future. We are determined to continue electrifying our fleet across various cities in the coming months.”
Read More »India’s road logistics industry to have 6-9 per cent revenue growth for FY2024: ICRA
According to a report by the Investment Information and Credit Rating Agency (ICRA), the road logistics industry of India is expected to undergo a growth of 6-9 per cent revenue increase year on year for the financial year of 2024. The key sectors with increased demand that will play a role in this growth would be e-commerce, FMCG, retail, chemicals, pharmaceuticals, and industrial goods. The implementation of GST and e-way bills paved the way for an industry shift towards logistics players, which is another factor for the rise, the report says. It also mentioned the stability in volumes of e way usage and FASTag adoption indicating domestic trade and transportation activities.
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