Category Archives: Technology

DMICDC Logistics Data Services (DLDS) has announced the launch of its container tracking service ‘Logistics Data Bank’ (LDB) at Paradip International Cargo Terminal (PICT) in Odisha and Mormugao Port Trust in Goa. The extension of LDB’s services to India’s eastern corridor and Goa comes after it has tracked 20 million EXIM containers in three years. With an 11-digit tracking code, the container tracking solution helps supply chain operations to reduce the port dwell and transportation time of export and import shipments. LDB is a single-window ICT-based container tracking solution of DLDS currently operational across 24 port terminals in India since it began operations at the Jawaharlal Nehru Port Trust (JNPT) in 2016. In 2017 it was extended to Hazira and Mundra ports of Adani Ports and Special Economic Zone (APSEZ).

In order to take the ease of doing business initiatives to next level, customs department is rolling out the concept of faceless assessment of cargo across the country in next few months. The consignments will be assessed by virtual group irrespective of where the Bill of Entry is filed. Baswaraj Nalegave, Commissioner of Customs (City and ICD), Bengaluru, says, “We are moving ahead with the concept of faceless assessment,” in adding, “From now onwards, in a phased manner, we will ensure that the assessment of cargo need not be done at the same place where the Bill of Entry is filed,” he stated. “We have already started the pilot in Bangalore. So, all machinery will be assessed by a virtual group no matter where the Bill of Entry is filed. In Chennai, it’s already being done. It’s a matter of a few months before it is rolled out across the country,” he noted.

GreyOrange has announced the deployment of its 12,000 picks per hour Sorter. The new sorter is a first-of-its kind automated solution by GreyOrange for QuadX, Philippines. The GreyOrange Flexible Automation system has been deployed to provide an enhanced and seamless shopping experience for customers, along with the ease of payment and delivery. The 12,000 per hour Sorter, is a combination of two 6,000 per hour sorters, each having 11 arms and capable of sorting up to 480 and 240 unique destinations with and without pre-sorting respectively. It can sort up to 150,000 packages within 12 hours of operation. Speaking about the partnership, Vivekanand, Country Manager, India & APAC, Grey Orange said, “GreyOrange technology will help QuadX realize their vision of re-inventing the shopping experience for customers by optimizing operations and throughput. By effectively sorting packages for the company’s hubs across Manila and Philippines, this solution will help QuadX meet customers’ order delivery timelines more efficiently and complete orders with less manpower than before.”

FreightBro became the first Indian startup to join the Digital Hub Logistics Hamburg in an exclusive event titled ‘Digital Hub Logistics Hamburg Roadshow – An Indo-German Logistics Startups Connect.’ Johannes Berg, Managing Director, Digital Hub Logistics Hamburg, believed, “There is immense potential for partnership and expansion opportunities for Indian startups in Germany. We have collaborated with an Indian startup for the first time and introduced FreightBro to one of our hub partners, DAKOSY who are keen on working on Indo-German synergies. We eagerly look forward to further connect Indian startups to hub partners in Germany and connect German startups with the Indian market. We are grateful to FreightBro for organizing a unique event for us in India and enable us to connect with startups which has been immensely satisfying.” Mohammed Zakkiria A, Co-Founder, FreightBro, said, “Joining hands with Digital Hub is a strategically sound decision for us and is the perfect platform for us to connect with the right partners in Germany and plan future expansion in the European market.”

FreightBro, associated with the Journal of Commerce, hosted their first India Logistics Technology Summit at the Centre of Incubation and Business Acceleration, Navi Mumbai. The summit witnessed sessions on how software can make key ocean freight processes and capabilities more efficient and less costly, potentially positioning India as the key growth market for world trade in the coming years. The panel discussion brought up interesting conversations and observations; plug and play software start-ups offer a layer of flexibility and standardisation to the freight-forwarding community, the technology platforms act as salespersons reducing customer acquisition costs and older players are opening up to technology once they realize that it is enabling them in all possible ways.

With a launch of Relay-as-a-Service (RaaS), the company aims to bring benefits of its disruptive relay trucking model to millions of fleet owners and truck pilots in India. RaaS will be offered to fleet owners using its technology, pilots and countrywide network of relay pit-stops. Relay Trucking is an operating model where drivers change over after every few hundred kilometers of driving through a network of relay pit-stops and then get rostered back to their home base to return to their families every single day. Gazal Kalra, Co-founder, Rivigo, said, “With RaaS, we aim to offer the benefits of relay trucking to millions of fleet owners in India and bring in efficiencies in the logistics industry while directly addressing one the biggest challenges of chronic truck driver shortage. In addition to the relay network, technology and pilots, we will be making our fuel, maintenance, cashless payment solutions also available to fleet owners in the country through RaaS. Rivigo’s mission is to make logistics in India humane, more efficient and offer better service. Offering RaaS to fleet owners in the country is a significant step in that direction.” Ramratan Singhi, Owner, Sure Cargo Logistics, a fleet of 70 Bharat Benz trucks and who has signed up for the RaaS program, said, “RaaS model helps make trucking efficient. We achieved 25-30 per cent extra running per month per truck through RaaS, compared to using our resources. Hub-hub TAT was excellent, and the use of tech in all aspects of operations (fuel, maintenance) is helping us see the areas of concern in our trucks. It frees our management time and resources on getting more business while our trucks are operated by RIVIGO Relay …

Cogoport has extended its services to reefer shipping for Indian perishables exporters and importers. India’s perishables trades have seen double-digit growth in recent years and Cogoport said refrigerated exports from the country grew by 27 per cent last year. At the same time, refrigerated imports from markets including Germany, South Korea and Russia are also on the rise, driven by demand from India’s growing middle class. Purnendu Shekhar, Founder & Chief Executive of Cogoport, said, “We are now able to pass on the benefits of Cogoport digital shipping to customers who move refrigerated goods, typically SMEs moving seafood, fruit and vegetables, chemicals and pharmaceuticals.” “Customers using our platform confirm they save 10-15 per cent on their logistics costs, including as many as 40-man hours per shipment, and we are delighted to now extend those efficiencies to refrigerated cargo,” he adds.

Commenting on the Union Budget, Sharad Kumar Saraf, President, FIEO said, “The budget addresses some of the basic challenges faced by manufacturing as well as exports including flow of credit, infrastructure bottlenecks, labour laws, skilling, etc. The export credit declined by 22 per cent as on December 31, 2018 compared to the same period in 2017. Rs.70,000 crore allocated to PSU banks will ease the flow of credit. The interest subvention of 2 per cent given to MSME as well as payment platform for bill filing for MSME will help in flow of credit at competitive cost. The investment of Rs 100 lakh crore in infrastructure in next five years through Bharatmala, Sagarmala, Jal Marg Vikas Project will help in improving logistics, reducing transportation cost and increasing competitiveness.” “The PMMSY for the robust fisheries management framework will give a push to marine exports from the country in which India has emerged as the largest exporter though huge untapped potential still exists. The support given to GI products and artisans to showcase in global markets will provide much needed exposure to them paving the way for further exports. Focus on clusters in bamboo, honey and khadi will not only create huge employment opportunity but will also give a push to their exports,” he adds.

TA Varghese, President, ACAAI, believes, “Liberalisation of FDI in aviation will facilitate the growth of this capital-intensive industry.” He continues, “Boost has been given to India Inc. in the budget. The plan to utilise Rs 70,000 crore for the recapitalisation of banks is likely to ease the credit crunch for business and industry. The proposal to invest Rs 100 lakh crore in infrastructure projects in the next five years and the plan to construct 1.25 lakh kilometres of rural roads will boost the movement of goods pan India. The Union Budget 2019-20 is a budget with a 10-year vision and a 5-year target.” The proposed-investment in infrastructure and digital economy as well as job creation in small and medium firms may generate much-needed jobs in these sectors. The first step towards achieving the objective of powering India to a $ 5 trillion economy by 2024 have been taken in this budget. Overall, this budget has sought to balance the needs of both ‘Bharat’ and ‘India’. It projects a ‘new India’ roadmap by placing great emphasis on uplifting rural India through various measures while also addressing the needs of urban India. The planned provision of access to electricity for every rural household by 2022, clean water to all rural households by 2024 and 1.9 crore houses to citizens in the next two years are steps in the right direction.

Believing the Budget 2019-20 as an ongoing task reiterating the commitments that the NDA Government has set in its vision document, S Ramakrishna, Chairman, FFFAI, says, “It is commendable the new Finance Minister presented a pragmatic Budget aiming to reach the US$ 5 trillion economy in the next few years, with required emphasis and focus on infrastructure, multimodal connectivity and logistics operation. Significantly, the government has decided to create and promote inland waterways and allied infrastructure to reduce logistics cost and boost greener environment.” It is heartening to note that after recently launched multimodal terminal at Varanasi, more similar terminals will be completed at Sahibganj and Haldia and a navigational lock will be created at Farakka by 2019-20 FY. We will be expecting more such terminals in North East India as well, like strengthening the existing terminal in Pandu (Guwahati) and new one in Jogighopa which is very strategic region from foreign trade’s perspective utilizing effective multimodal connectivity with special thrush on waterways. It would be very crucial to expedite international cargo movement to Bangladesh and beyond. Also, it is commendable the Finance Minister emphasized on resolving all litigations on fast track basis to facilitate trade and commerce. Commenting on the focus given by government to MSMEs, Ramakrishna, says, “Since predominantly we are from MSME sector, this funding would be a great boost for us.”