The Warehousing Association of India (WAI) is all set to organize a conclave on ‘Empowering Women in Logistics: Embracing Diversity and Inclusion’ focusing on creating awareness about the importance of gender diversity and inclusion in the logistics industry and to provide insights into the challenges faced by women, and to promote open discussions and brainstorming to foster a more inclusive and equitable work environment. The event will be held on December 14th at New Delhi. Post lunch there will be a Workshop on Standardization, Grading, and Rating of Warehouses in India. The objective of this workshop is to share with participants about the importance of standardization, grading, and rating of warehouses in India, and to provide them with practical knowledge, benefits and methodology to assess and improve warehouse facilities. The event will provide a great platform to the industry experts to meet, greet and discuss issues related to the industry.
Read More »Bobba Logistics launches ‘Pay as You Store’ 3PL Service
Bobba Logistics has launched ‘Pay as You Store’ 3PL warehousing service. This game-changing concept offers customers unparalleled flexibility and cost-effectiveness in managing their businesses storage needs. Bobba Logistics’‘Pay As You Store’ solution will help any business with their storage needs irrespective of the time frame they are looking to store goods for. “We have dry and cold storage rentable areas specifically dedicated to on-demand warehousing within our state-of-the-art facility, with complete provision to manage end-to-end supply chain needs. It can be used as a distribution centre (located closer to market) and allows for both fast pick-up and faster delivery. This model allows businesses to dynamically scale their storage needs based on the flow of demand. Unlike traditional storage arrangements that necessitate fixed commitments, pay-as-you-store offers a more agile approach, enabling businesses to pay only for the storage space they use. This not only minimizes costs during slower periods but also ensures that sufficient storage is available during peak times.”
Read More »Calcutta’s logistics sector to record a 5-year high supply:CBRE
Calcutta’s Industrial & Logistics sector to record a 5-year high supply at 5.2 million square feet in 2023 and the city is witnessing an inflow of institutional funding from corporates looking to set up their facilities, CBRE South Asia, the international realty consultancy firm said in a report. The Industrial and Logistics (I&L) sector in Calcutta will record a 5-year high supply in 2023 as a result of the completion of pent-up projects across the city and its peripheries. Total I&L supply in 2023 is likely to touch 5.2 million square feet. Anshuman Magazine, Chairman & CEO – India, South-East Asia, Middle East & Africa, CBRE, said, “the current real estate landscape in the state, particularly in Calcutta, is witnessing a transformative phase where the infusion of quality supply is fueling absorption, propelling the growth trajectory of the state’s real estate sector. Our observation of the Industrial & Logistics sector in Calcutta recording a 5-year high supply in 2023 with a notable absorption underscores the sector’s resilience and dynamism. The anticipated absorption of 3.5 million sq. ft. in CY 2023 indicates a positive outlook for leasing activities, suggesting a potential surge in demand for commercial spaces.
Read More »Freight Systems opens green warehouse in Gurugram
Freight Systems proudly announces the grand opening of new edge certified Green Intelligent warehouse and fulfilment center in Gurugram, India. The Fulfilment centre adopts the latest technologies in warehouse design and optimized workflows for efficient and fulfilment of On-Time-in-Full Fulfilment of orders. With 20,000 pallet locations and storage area of approx. 550,000 square feet, center is strategically located in close proximity to National Highway-48, IMT Manesar, MET Jhajjar, ICD Garhi Harsaru, ICD Patli, Western Peripheral Highway, and Rewari Link Road. The State of the Art Oracle Based Warehouse Management system fully integrated with our Purchase order Management System – FRESCON provides real time visibility to all stake holders across global supply chains. “This warehouse will serve a wide array of industries, including automotive, FMCG, white goods, apparel, retail, pre-packed foods, electronics & hi-tech products, home appliances, and healthcare. Our latest facility is a testament to our commitment to meeting customer needs efficiently and a symbol of our unwavering commitment to a sustainable future. With this new center, we’re poised to deliver an even more responsive and seamless customer service experience,” says officials.
Read More »cargo-partner launched 3rd warehouse at its iLogistics Center in Slovakia
cargo-partner officially launched the construction of the third warehouse hall at its iLogistics Centre in Dunajská Streda, Slovakia. The expansion will almost double the storage capacity from the current 27,600 to 50,000 pallet spaces, and will create 60 to 70 additional jobs at the new facility, says an official release. “cargo-partner has been operating in Slovakia for 30 years and is one of the most successful freight forwarding providers in the country. The company reported a turnover of nearly €140 million in 2022, and currently employs more than 200 logistics specialists across its branch offices in Bratislava, Dunajská Streda, Žilina, and Košice.” The iLogistics Centre in Dunajská Streda has been in operation since 2012, gradually expanding to meet growing customer demand for logistics solutions, the release added. “The previous expansion in 2020 increased the warehouse capacity to 18,200 m². The construction of the third hall marks the fourth and final phase of the project, bringing the storage capacity of the logistics complex to 34,300 m² on a site of 60,000 m².” The warehouse’s strategic location and direct connection to the Metrans intermodal terminal allow cargo-partner to reduce handling time by one to two days, resulting in significant ecological and economic advantages, the release said.
Read More »JLL partners with retail brand for new warehousing unit in BLR
JLL India, leading industrial and warehousing research firm has partnered with Pantaloons, a flagship brand of Aditya Birla to set up a new warehousing unit in Bengaluru’s Narasapura Logistics Park, developed by IndoSpace. This facility, spread over 100,000 sq ft, is located just 54 km from the city centre and offers world-class amenities and several sustainable solutions. With its convenient location and state-of-the-art infrastructure, it is ideal for expanding business operations and thriving in the region.
Read More »DP World, NSDC join forces to upskill workforce
NSDC International, an enabler for global skilling solutions and We One, part of DP World, signed an agreement aimed at supporting the skill development and employment opportunities for the front-line workforce. The agreement was exchanged between Honourable Union Minister for Education and Skill Development & Entrepreneurship of India, Dharmendra Pradhan, and His Excellency, Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World in the august presence of Sunjay Sudhir, the Ambassador of India to the UAE and Shri Satish Kumar Sivan, the Honourable Consul General of India to Dubai along with other officials. The signing event comes in continuation of a Memorandum of Understanding inked in May 2022 between NSDC International and Hindustan Ports (a DP World Company) to establish the Skill India International Centre in Varanasi, as a global centre of excellence for skills. In line with this, DP World collaborated with NSDCI to set up the Skill India International Centre at Varanasi which provides front-line workforce with services such as skill training, counselling, mobilisation, pre-departure orientation, foreign language training, placement and immigration and post-placement support. Speaking at the event, Honourable Union Minister for Education and Skill Development & Entrepreneurship of India, Shri. Dharmendra Pradhan highlighted that the agreement will create more avenues for global talent mobility, skilling and connecting Indian youth to relevant overseas employment opportunities. India is a reservoir of wide range of talent, he added. Shri Pradhan reaffirmed committed to fulfil aspirations of India’s youth and prepare them to drive economic prosperity, not only for India but also for global economies.
Read More »MoU worth $28 mn signed to build new warehouse to meet global needs
DP World and BoxcoWorld FZE, have signed a Memorandum of Understanding with to invest USD 28 million in the construction of a cutting-edge warehouse facility in Jebel Ali Free Zone (JAFZA), UAE to cater global needs. The agreement was signed by Abdulla Al Hashmi, COO, Parks & Zones, DP World, UAE Region and Vir Kotak, Founder, BoxcoWorld. The new facility will cater to the warehousing demands of its existing customers, providing them with a state-of-the-art facility equipped with one-window logistical solutions. The industrial bloc will offer sorting and repackaging services for imported waste paper, primarily from the USA and Europe. After the sorting and repackaging process, the waste paper will be re-exported to markets in the Indian subcontinent and Far East Asian regions. The facility is projected to have a throughput of approximately 15,000 TEUs. Additionally, a 40,000 CBM robotic racking system for Polymers will be created, which is a unique and pioneering initiative set to be the first of its kind in the GCC. The warehouse facility will serve as the ideal destination for customers to efficiently manage their import and export cargo with minimal delays when connecting to and from vessels. It will also be efficiently equipped to provide customizable on-site storage solutions tailored to the unique requirements of clients and their business needs. The facility will foster closer relationships with existing and prospective clients, enabling the company to gain a deeper understanding of specific customer needs and challenges in the import, export, and trading sectors. Speaking on the signing of the MoU, Vir Kotak, Founder, BoxcoWorld said, “I am extremely optimistic and excited about the growth prospects of the entire region. Dubai, Jebel Ali, and Jafza are …
Read More »Logistics sector to touch 38 mn. Sq. ft. in 2023: Report
Industrial & Logistics (I&L) sector is likely to touch a 5-year high absorption mark and touch 36 to 38 mn. sq. ft. in 2023 across top 8 cities in India, says CBRE South Asia in its latest report – India Market Monitor Q3 2023. Supply addition, too, is expected to outperform, touching 35 – 37 mn. sq. ft. by the year-end, driven by the completion of pent-up projects. The leasing in the I&L sector grew by 13% Y-o-Y in the Jan-Sep’23 period. The total absorption across the top 8 Indian cities stood at 27.3 mn. sq. ft, compared to 24.2 mn. sq. ft. in Jan-Sep’22. Mumbai, Chennai, and Delhi-NCR collectively accounted for a share of 56% in the leasing activity during the Jan-Sep’23 period, the report adds.
Read More »DP World Cochin embarks on the next phase of capacity expansion
International Container Transhipment Terminal (ICTT) operated by DP World at Cochin, announced the arrival of four new Electric RTG (Rubber Tyred Gantry) Cranes at its terminal on 17th of October. The cranes arrived on the vessel m.v. Pietersgracht which berthed at the terminal around 1100 hrs. This development is in line with ICTT’s commitment to fulfil its expansion and sustainability plans in achieving its medium-term objective to be the most preferred gateway for South India and a leading transhipment Terminal for India. The introduction of the E-RTGS at ICTT also aligns with DP World’s overall sustainability target of achieving 28% CO2 reduction by 2030. The arrival of these four new electric RTG cranes along with the expected arrival of 2 state of the art STS (Ship-to-Shore) Mega Max cranes in December 2023 would be an important milestone for DP World Cochin, in its capacity enhancement as well as sustainability objectives. Speaking on the arrival of the E-RTGs, Praveen Thomas Joseph, CEO, DP World Cochin said, “At DP World, we constantly work towards higher standards of operational excellence and customer service to enable our customers reach their products in the shortest and most cost-efficient manner, seamlessly. The introduction of the four new e- RTGs and the ongoing electrification of 100% of the existing fleet of RTGs will significantly reduce the carbon footprint of goods transiting through ICTT thereby giving our customers another competitive edge on the sustainability front. We have launched multiple new service lines this year and the onboarding of our new E-RTG cranes will help us achieve quicker turnarounds for the trade.”
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