Category Archives: Supply Chain

“An optimal logistic solution in cost effective and time efficient manner”

Showing way forward on multi modal transportation of logistics, Xerrxes Master, President, AMTOI, said, “Multi Modal is the only optimal logistic solution where the best mode of transport is chosen with the most cost effective and time efficient manner. Finally, the Indian government has recognized the importance of multi modalism by renewing the old Multi Modal Transportation of Goods Act 1993. AMTOI has been actively involved with the Government in policy formulation, also to become a self regulating organisation for the benefit of it’s members. Multi modalism is carried out by all the three modes of transportation where a contract can be executed by different modes of transport under one single document which is the essence and the basis of multi modalism.”

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CargoTalk’s conclave on Multi Modal Logistics concludes on a successful note

CargoTalk’s virtual conclave on Multi Modal Logistics was a big success. With a lot insightful information from our expert speakers, the discussion on the said topic were informative as to how multi modal logistics is revolutionising the supply chain by transporting the logistics faster and more efficiently. With the focus on Multi Modal in the new normal world, the summit also discussed the significant role played by it in the transportation of logistics globally. Also how technology is supporting the movement of logistics in a more efficient manner. The industries across have well adopted to the changing dynamics of different modes of transportation in the supply-chain interactions and of their internal operations. Esteemed speakers included Xerrxex Master, President, AMTOI, Chander Agarwal, Managing Director, TCI EXPRESS Ltd. and Yuvraj Sharma, Cluster Head Sales and Marketing, India, Sri Lanka and Maldives, Kuhene+Nagel.

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CargoTalk to organize virtual conclave on Multi Modal Logistics on Oct. 25th.

CargoTalk is organising a digital conclave on October 25, 2021, from 11.00-12.00 pm. The virtual conclave is about Multi Modal Logistics and how it is revolutionising the supply chain by transporting the logistics faster and more efficiently. The conclave will have eminent speakers from across the industry. With the focus on Multi Modal in the new normal world, the summit will discuss the significant role played by it in the transportation of logistics globally. The industries across have well adopted to the changing dynamics of different modes of transportation in the supply-chain interactions and of their internal operations. Esteemed speakers will include Xerrxex Master, President, AMTOI, Chander Agarwal, Managing Director, TCI EXPRESS Ltd. and Yuvraj Sharma, Cluster Head Sales and Marketing, India, Sri Lanka and Maldives, Kuhene+Nagel.

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Gati strengthens Flexi fleet of dedicated trucks to meet festive demand

Express distribution leader Gati has ramped up its network capacity by 25% by adding 100 line haul trucks to its innovative flexi network to connect the demand locations. Thus, Gati aims to cut down the dwell time further in view of the huge spike in demand during the festival season, billed as the stress-test time for supply chain players. The additional trucks in the special flexible network based on the market and route dynamics, will connect the key locations to ease the pressure of servicing the demands. The network will reduce dwell time from existing 9% to 5%. As many as 19 such grid locations including Delhi/NCR, Mumbai, Bangalore, Ahmedabad, Hyderabad, Chennai, Pune, Indore and Kolkata have been identified for the purpose. “We are ready for the festival ride and meet the increased demand during the upcoming season. The network capacity will be enhanced by 20-25% while the workforce will be strengthened by at least15%. We are planning to leverage at least 20% of existing facilities further to manage the peak season load. Overall, we expect a 15% increase in productivity per person. We are tech enabled, especially in the area of artificial intelligence, to meet the purpose. We have set up a monitoring system already in place to ensure a better transit time for the customers. Our aim is to ensure a delivery efficiency of 95%+,” said Charles Devlin D’Costa, Chief of Supply Chain Operations, Gati KWE

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DP WORLD COMMITS TO DEVELOP LOGISTICS INFRASTRUCTURE IN J&K

DP World, a leading global provider of end-to-end logistics solutions, plans to develop logistics infrastructure in the state of Jammu & Kashmir. An MoU was signed between the Government of Dubai and the State Government of Jammu & Kashmir in the presence of Piyush Goyal, Honourable Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Government of India, Manoj Sinha Honourable Lieutenant Governor, Jammu & Kashmir, and Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World. Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “DP World is committed to invest in the logistics infrastructure and facilities to connect Jammu & Kashmir with other domestic markets in India and India with the rest of the world. We are in the process of identifying logistics opportunities in the state with the aim to connect local traders with new markets in India as well as globally. We want to support Indian MSMEs and help them realise better margins with an efficient supply chain that reduces their cost of Logistics.”

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Aggressive demand during festive season accelerates e-commerce adoption

With the ongoing festive season, the new-age logistics companies expect multi-fold growth in shipments and are fully geared to meet the challenge with measures such as capacity expansion and additional hiring. With aggressive demands during festive seasons over the last few years, COVID-19 has further accelerated e-commerce adoption in all segments, be it business-to-consumer (B2C), direct-to-consumer (D2C) or business-to-business (B2B). Xpressbees Chief Business Officer for B2C, Harsha Bhoi, said, “the overall volume in the festive season goes to two-three times for the overall e-commerce markets”. “This year, we are expecting even more higher peaks considering the economy getting (back) on track. Moreover, increased adoption in tier 2 and 3 cities as well as in remote cities and COVID-19 further accelerate the overall adoption for e-commerce deliveries,” he added. Bhoi added that the company expects a peak of up to 1.5 million shipments for Xpressbees on peak days during the festive rush.

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Typhoon Kompasu leads to worst container shipping jam

Typhoon Kompasu has resulted in the worst container shipping traffic jam in months, stretching throughout Southeast Asia and may take weeks to unravel. Although port operations are largely back to normal in Shenzhen and Hong Kong after the tropical storm’s passing, the total container ship count off the two vital hubs had ballooned to 271 as of early Friday, the highest count recorded since Bloomberg News started tracking the data in April. At least 109 ships were meanwhile reported as anchored and waiting to enter the ports, up from 67 on Thursday. “The supply chain is very stretched, with no buffer, so any little event will cause another big problem,” James Teo, Bloomberg Intelligence, said. “There are too many choke points.” Teo expects port congestion likely to continue until at least Feb. 2022.

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Government to form SPV for Multimodal Logistics Park at VOC Port

Union Minister for Ports, Shipping and Waterways Sarbanand Sonowal has announced forming of a Special Purpose vehicle (SPV) for development of a Multimodal Logistics Park (MMLP) at VOC Port in Chennai. The MMLP to be developed through Public Private Partnership with the SPV providing land and connectivity and the actual MMLP infrastructure to be developed by a private developer. He said, all the three stake holders viz, Chennai Port Authority, TIDCO and NHAI will be equity partners in the proposed SVP. The Minister informed that equity contribution/investment of the Chennai Port is the cost of the land amounting to Rs 167 crore, NHAI/NHIDCL contribution is Rs l30 crore and that of State govt. through TIDCO is Rs 50 crore. Speaking at the virtual MoU signing in, Sonowal said, V.O. Chidambaranar Port, the economic engine of South Tamilnadu, has proposed for setting up of Multimodal Logistics Park due to its advantages such as excellent Rail-road connectivity, proximity to Main Sea Route, all weather operational conditions, and geographic position to link Eastern coast with the Western coast. The Multimodal Logistics Park would facilitate infrastructure for enabling seamless multimodal freight transfer, and specialized storage solutions, such as cold storage, warehouses equipped with mechanized material handling and intermodal transfer terminals for containers, bulk and break-bulk cargo. Further, the MMLP would be offering value-added services such as Customs clearance, bonded storage yards, quarantine zones, testing facilities, warehousing management services, post-manufacturing activities such as kitting and final assembly, grading, sorting, labelling, packaging etc.

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PM Gati Shakti plan multi-model connectivity will be a game changer

Welcoming the launch of PM Gati Shakti National Master Plan for the multi-model connectivity, Dr A Sakthivel, President FIEO said that this will improve India’s productive capacity and global competitiveness with regard to not only manufacturing but also exports from India. To have all utility and infrastructure planning under an umbrella framework is unprecedented. For a long time, our infrastructure sector was witnessing inter-ministerial delays, multiple layers of stakeholders, and the culture of working in silos, said FIEO Chief. This has led to time and cost overruns and staggered pace for infrastructure led growth. The last mile connectivity is extremely important as it has a severe impact on the logistics cost though requiring not so substantial investment. Sakthivel said that bringing 16 Ministries on the digital platform for the integrated planning and consolidated implementation of infrastructure connectivity will be a game changer for the Indian economy. More important is the approach which can be equally applied to many other sectors where inter-ministerial close coordination and monitoring can lead to exponential growth. These kinds of master plans will not only attract global FDI but will make India the most preferred destination of investment globally, observed President, FIEO.

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Piyush Goyal urges EPC to focus on export quality

Union Minister of Commerce & Industry Piyush Goyal urged the heads of Export Promotion Councils (EPCs) to identify and name exporters whose products fail to meet international standards and are often rejected due to inferior quality. The Minister said the EPCs have not identified specific exporters hurting the reputation of ‘Made in India’ products in the world markets despite repeated reminders. “Quality will define the future of our exports,” he quipped. Goyal also asked EPC heads to take steps to increase exports to $450-$500 billion next year. Ahead of the finalisation of the new Foreign Trade Policy, Goyal, in a mid-term review meeting with EPCs, said India’s exports of $197 billion in the first half of FY2021-22, was on the “right track”. “Our exporters have made all of us Indians proud today,” said Goyal, setting the bar higher “if we can aim to scale $450-$500 billion exports next year,” according to a statement from the Ministry of Commerce & Industry.

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