Category Archives: Rail/Road

Manipur gets first freight train to boost commerce

With the first freight train reaching Manipur, Prime Minister Narendra Modi said this will enhance the state’s commerce and connectivity as goods from there will reach all parts of the country. The freight train arrived at the Rani Gaidinliu station in the north-eastern state on January 27, days after a passenger train from Silchar in Assam reached the Bongaichungpao railway station in Manipur. “Transformation of the Northeast continues. Manipur’s connectivity will be enhanced and commerce will be boosted. Wonderful products from the state can travel all over the nation,” Prime Minister Narendra Modi said on Twitter tagging a post of Union Minister for Development of North Eastern Region G Kishan Reddy. The Union minister along with his tweet also shared a video of the freight train arriving at the station. “Historic day for Manipur and entire North East, after 75 years of India’s Independence, first goods train reaches Rani Gaidinliu Railway Station, Tamenglong in Manipur. The Narendra Modi government is committed to enhancing infrastructure connectivity and economic prosperity in the NER (northeast region),” Reddy tweeted. The project, which includes the country’s longest train tunnel, will connect Imphal with Guwahati. Taking to Twitter, the Manipur Chief Minister N Biren Singh said, “In yet another milestone, the first ever goods train reached Rani Gaidinliu Railway Station, Tamenglong. The improvement in railway connectivity, under the close supervision of Hon’ PM Sh @narendramodi ji, will immensely improve the socio-economic condition of Manipur.”

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NCLT approves APSEZ scheme to acquire Sarguja Rail Corridor

The National Company Law Tribunal (NCLT) has approved Adani Ports and Special Economic Zone (APSEZ) composite scheme to acquire Sarguja Rail Corridor Pvt Ltd(SRCPL) effective from its appointment date of April 1, 2021. APSEZ said that the company will now consolidate all its rail assets under a single business entity Adani Tracks Management Services Pvt Ltd. “This consolidation allows APSEZ, which is targeting 2,000 km of track length by 2025, to participate in Indian Railways PPP (public-private partnership) projects without having to compete with similar businesses in the Adani portfolio, a position that is in full alignment with the equity interest of minority shareholders,” it said. The statement said that once consolidated, SRCPL will add Rs 450 crore or five percent of APSEZ’s total Ebitda (earnings before interest, tax, depreciation, and amortization).

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Gati Shakti National master plan portal to be ready by March end

A digital platform for the Gati Shakti national master plan of infrastructure projects will be ready by March 31, 2022. “All infrastructure projects will be mapped on the national masterplan [portal]. 75% of data from Central ministries on their infrastructure projects have already been uploaded. We are now training State governments to share their data. We are hopeful that the national masterplan [portal] will be ready by March-end,” said Amrit Lal Meena, Special Secretary, Department for Promotion of Investment and Internal Trade. The Gati Shakti national master plan (NMP) announced by Prime Minister Narendra Modi on October 13, 2021, is a centralized portal, that will be enabling “institutionalizing” planning, designing, and execution among 17 different Ministries in the Centre as well as States. Including projects worth ₹100 lakh crore, the program aims to cut down logistical costs and improve supply chains. “The national masterplan will show us geographical features such as forests, water bodies, mines, religious and archaeological sites and help us plan alignment of infrastructure projects so that we can circumvent these. Earlier, projects would be planned from within the confines of offices,” added Meena. The portal at present has already been populated by 370 “layers” of data critical for infrastructure planning, comprising information about the road, rail, port and inland waterways, aviation, natural gas pipeline, water supply pipelines, telecom infrastructure, forest wildlife, eco-sensitive zones, water resources, rivers, embankments, canals, dams, tourism sites, economic zones, industrial parks. It also comprises features like soil type, seismicity, etc. Once ready, ready, all detailed project reports of infrastructure projects will have to be prepared on the portal, which will be scrutinized and appraised by a Network Planning Group (NPG) at the Centre.

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Gati Shakti aims to improve trade potential of Northeast

The recently announced Prime Minister of India’s Gati Shakti National Master Plan for Multi-Modal Connectivity is all set to revolutionise the way infrastructure and logistic development projects are planned and implemented in India. It will bridge huge differences between macro planning and micro implementation. The Northeast region of India, comprising eight states, namely Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura, share almost 12,000 kilometres of international border with Bangladesh, Bhutan, Myanmar, Nepal and Tibet, and is connected with the rest of India by a narrow chicken-neck, having a width of approximately 20 kilometres, which is popularly known as the Siliguri Corridor in West Bengal. This has primarily kept the Northeast India’s trade potentiality under-utilised, which is understood to be much more than the realisation of Rs 3,577 crores in 2019-20 and Rs 3364.4 crores in 2020-21 as per the data as provided by the Directorate General of Commercial Intelligence and Statistics, Government of India. As a result of this, there is a thrust on implementing a large number of Union and State Government funded infrastructure development projects in Northeast India with the purpose of improving its internal as well as external connectivity. As per the MoSPI, there are 143 ongoing projects in Northeast India, worth an original budget of Rs. 97,418 crores in the beginning of 2021.

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FarEye recognised for Vehicle Routing & Scheduling & Last Mile Technologies

FarEye, a global SaaS platform transforming last-mile logistics, has been recognised as a Representative Vendor in Gartner ® Market Guide for Vehicle Routing and Scheduling and Last-Mile Technologies, 2021. This is the fourth consecutive mention for FarEye in the reputed Market Guide, published on 13 December 2021. Per Gartner, “The market for vehicle routing and scheduling and last-mile applications continues to grow as organizations are seeking ways to optimize fleet operations. The evolution of applications due to new business needs has made vendors expand their capabilities in certain areas or even specialize their products in a specific area like last-mile operations”. FarEye has been recognized as a Representative Vendor in the report. “At FarEye, we are dedicatedly working to make deliveries better for everyone. Our aim is to redefine the last-mile home-delivery landscape, making it customer-centric and efficient. We feel honoured to receive the fourth consecutive recognition in the Gartner Market Guide for Vehicle Routing & Scheduling and Last-mile technologies. With constant innovation we empower our clients to handle the growing volume of shipments, ensuring timely deliveries, optimum utilization of fleet and delivering superior experiences.” said Kushal Nahata, CEO & Co-founder, FarEye.

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ShipNext Solutions raises INR 4.5 cr in pre-series A round

India’s first end-to-end online logistics platform in the long haul segment, ShipNext Solutions, has raised INR 4.5 Crores in its pre-series A round. Kerala-based Group Meeran, the promoters of the Eastern Group of Companies, led the round. ShipNext’s Machine Learning (ML)-based AI apps called ‘WeTruck’ and ‘WeTruck Partner’ automate the entire booking process for customers and operations for the service provider, ensuring seamless and transparent communication and service delivery. This tech-enabled match-making is ShipNext’s key focus area which leverages a state-of-the-art ML and AI-based system to assist customers with predictive modeling. From order placement to proof-of-delivery (POD) verification, invoicing, generating lorry receipt and real-time payments, WeTruck is the first app to offer the complete online procedure in the long haul segment. Clive Jose, Founder, and CEO, ShipNext Solutions, said, “At ShipNext, technology is central to how we leverage data to balance demand and supply. In logistics, often, customers find it challenging to obtain the correct pricing for their shipment and have apprehensions regarding multiple touchpoints and lack of transparency. To alleviate these concerns, we have set up a business model and a machine learning-based app that will offer the highest level of transparency to our customers and fleet owners. To simplify and minimize the learning curve on our app, we have introduced a chat-based model similar to WhatsApp that most of our users are familiar with and can easily understand. This investment is an endorsement in ShipNext’s platform as well as our vision to empower customers and partners with the only end-to-end paperless logistics app that ensures a completely online model of business.”

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Maersk India records 43% growth in rail containerised cargo in 2021

Maersk became the pioneer of offering ‘Assured transit times’ with its rail solutions to customers. The forward-looking solutions developed are expected to aid the rising demand for sectors such as eCommerce through dedicated services. eCommerce, which has traditionally run on road transit, is expected to move towards rail even more in the near future as it gives assured transit for time-sensitive cargo. “Being committed to connecting and simplifying our customers’ supply chains meant we had to go beyond solutions that are on the menu card. We wanted to create exciting offerings that would delight our customers, especially in the tough pandemic situation that we have been operating in”, said Vikash Agarwal, Managing Director, Maersk South Asia. He added, “Having flagged off 13 new services successfully over the year, Maersk is truly proud to have designed and implemented what customers needed. And it doesn’t end there – with the new environment-friendly rail services, in 2021 we reduced carbon footprint that is equivalent to the emissions from a car being driven for around 60,000 km.” Maersk witnessed 43% growth in the movement of containerised export cargo on rail in 2021 and 23% growth on rail for import and export combined. Maersk plans to develop further on the foundation of the rail solutions in 2022. “Rail has always been considered as a second alternative to road transport despite being safer and faster. Last year we have created 273 new corridors with rail as the backbone and connected our customers on this highly efficient mode of logistics all the way to their hubs of convenience. Having carried more than 50,000 containers (twenty feet equivalent units / TEUs) over and above the previous year and …

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Hero Electric partners with Turtle Mobility for EV transition in India

Hero Electric, India’s leading e-scooter company, announced on Monday that it is going to join forces with a last-mile delivery solutions provider, Turtle Mobility and will deliver over 1,000 electric scooters by the end of 2022. The alliance is another step towards Hero Electric’s efforts to further the electronic (EV) transition in India, with special attention to the last mile delivery segment. The company is looking forward to converting 35% of its sales from the B2B segment. “We constantly strive to quicken the pace of transition to e-mobility and push forward the same through B2B partnerships to strengthen the EV ecosystem across India. This partnership is another step to boost the rapidly growing logistics and delivery industry and steer our commitment to carbon-free mobility by electrifying the segment.” said Sohinder Gill, CEO, Hero Electric.

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Delhivery invests in Falcon Autotech to implement new automation solutions

Logistics company Delhivery Ltd has invested in Falcon Autotech, a logistics automation solutions provider. The investment is in line with its objective of sustained investments in future-ready hardware solutions in its operations. Falcon Autotech is in the business of providing intralogistics automation solutions, sortation systems, conveyor systems, delivery-warehousing systems, and pick/put to light systems Commenting on the investment, Ajith Pai, Chief Operating Officer, Delhivery, said, “The collaboration with Falcon Autotech strengthens our ability to drive greater speed, precision, and efficiency across our business lines.” With this partnership, Delhivery said it expects to work closely with Falcon Autotech to design and implement new automation solutions for transportation and warehousing operations. The partnership will also enable the bundling of the hardware automated solutions along with Delhivery’s SaaS platform, one of the proposed growth verticals for Delhivery in the national and international market. Naman Jain, Chief Executive Officer, Falcon Autotech, added, “We are delighted to welcome Delhivery as a partner to Falcon. This investment is a testimony to Falcon’s commitment to our customers, our design, technology, and delivery capabilities, and the product roadmap ahead.”

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ICRA predicts healthy growth for Indian Road logistics sector in FY2022

According to ICRA, the Indian Road logistic sector is likely to witness healthy growth in FY2022 on the back of demand recovery and improved business activities. This optimistic lookout is supported by the favorable scenario that has presented itself in recent times, wherein most players reported strong growth in freight volumes on a sequential basis in the second quarter of FY’22, and the momentum is likely to continue in the third quarter of the ongoing fiscal. A stable outlook was maintained by the domestic rating agency for the Indian road logistic sector. After a subdued Q1 FY’22 on account of the second wave of COVID-19, demand recovery and improved business activities from Q2 FY’22 onwards, led to better asset utilization, which, along with cost-rationalization measures, supported the operating margins in the current fiscal, Icra said in a statement. Demand from segments like e-commerce, FMCG, retail, chemicals, pharmaceuticals, and industrial goods coupled with an industry paradigm shift towards organized logistics players, post the GST and E-way bill implementation will keep the growth steady over the medium-term.

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