Category Archives: Supply Chain

Emphasising on the need of the multi modal trasnportation in order to be more efficient,Yuvraj Sharma, Cluster Head, Sales and Marketing, India, Sri Lanka and Maldives, Kuhene+Nagel, said, “Today’s enviornment does not just demand to get into a multi modal option for servicing our customer but, it is the need since we have capacity issues, congestions happening, time definite deliveries. All of this require multi modal as a cost effective and time efficient mode of moving goods from one place to another. From logistics performance index point of view, India is today ranked at 44. Multi modal is definitely one way that can not only help in avoiding the challenges we face in today’s time we are working in and improve from the transit point perspective also. And see India becoming a leader not only in the export supply chain but also in the import supply chain.”

Explaining on how the country’s economy will be benefitted with the multi modal way of transportation, Chander Agarwal, MD, TCI Express said, “India is on the cusp of becoming a $5 trillion economy meaning that the logistics cost is going to be $1 trillion approximately. This is a great opportunity for the logistics companies to enhance their capabilities and become leading service providers in the country. Multi modal will benefit the Indian economy in a big way because of a vast coastline and land area. Multi modal may help in bringing down the cost for the logistics sector, moreover, the overall efficiency and the transfer of goods from manufacturer to consumer will be at a much faster pace.”

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.”

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.

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.

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

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.”

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.

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.

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.