Tuesday, July 16Logistics That Matters

Freight

DB Schenker wins freight forwarding and customs clearance contract

DB Schenker wins freight forwarding and customs clearance contract

Business, Freight, Logistics, Uncategorized
DB Schenker has announced that it has been awarded a contract to provide international freight forwarding and customs clearance services to Chevron Australia. The three-year contract covers freight logistics movements as well as customs clearance requirements for Chevron’s interests in Western Australia. To support the contract, DB Schenker will utilise its global network of oil and gas offices. The operations team in Perth will be supported by the DB Schenker iTeams software solution that allows for full visibility and tracking through all stages of the logistics cycle. “We are proud to continue our relationship with Chevron. With our dedicated people around the world we have a strong record of operating safely and efficiently even on the most remote sites,” said Frank Vogel, Direc
Adani Ports: Opening the door to India

Adani Ports: Opening the door to India

Freight, Uncategorized, Warehouse
Mundra Port has set a global benchmark with investment in latest technology, says Dr Wilfried Aulbur. Not unlike some of their global peers, Indian business people are renowned for their financial prudence. Investments are made after careful deliberation in a step-by-step fashion, often after exhausting existing capacities to the fullest. Adani Ports is the antithesis to this behaviour. Massive investments were made early on in anticipation of substantial demand as well as with the determination to become one of the leading port operators globally in terms of efficiency.   Growth in India's exports has outpaced most other nations. At a CAGR of 15.4 percent from 2002-2015, India grew faster than developing Asia (10.1 percent), Middle East and North Africa (MENA, 4.2 percent), the Eur
Perishable cargo handling centre opens at KIA

Perishable cargo handling centre opens at KIA

Customs, Freight, Logistics, Uncategorized
The country’s first perishable cargo handling centre located in an airport - AISATS COOLPORT - commenced trial operations on Monday at the Kempegowda International Airport. The centre is operated by Air India SATS Airport Services Pvt. Ltd. (AISATS). Spread over 11,000 sq.m, the centre will have an handling capacity of 40,000 tonnes per annum and deal with perishable commodities, such as pharmaceutical products, fruits, vegetables, poultry, sea food and flowers. It will have 17 dedicated cold rooms with temperatures ranging between -25 degrees C to 25 degrees C. “It will house a drug controller lab, as well as a plant quarantine inspection and certification office. COOLPORT will also be supplemented by temperature-controlled queue lanes and cool trollies,” a statement from AISATS sai
Japanese logistics firms expand Indian operations

Japanese logistics firms expand Indian operations

Business, Freight, Logistics, Uncategorized
Japanese logistics companies are racing to step up their operations in India to cash in on the rapidly growing South Asian market, with Suzuyo & Co. and MOL Logistics (Japan) Co. establishing local subsidiaries, while Nippon Express Co. opened a new warehouse. Japan’s logistics companies are increasingly turning to India as the Chinese economy is losing steam and the Japanese economy expands only moderately, as the Indian economy is expected grow faster than China and Japan in real terms. The International Monetary Fund predicted in its latest global economic outlook on April 18 that the Indian economy will grow 7.2 percent in 2017 and 7.7 percent in 2018, while the Chinese economy will grow 6.6 percent in 2017 and 6.2 percent in 2018. As a result, Suzuyo has established a local subs
APM Terminal liquid cargo business sees 133% growth

APM Terminal liquid cargo business sees 133% growth

Freight, Logistics, Uncategorized
The liquid cargo business of APM Terminal Pipavav, a part of APM Terminals Global Terminal Network, is seeing huge growth in sync with the change in export and import demand from Indian companies. Liquid cargo which includes LPG and non-LPG consignments [POL/chemicals], has registered a sharp increase in volume over the past two years while the volume of bulk and container segments has declined. The new focus is reflected in the company's performance over the past two years. After handling 4.64 million tonnes for the 15-month period ended March 31, 2015, bulk handling volume has declined to 2.47 million tonnes in 2015-16. Container business volume has plunged from 980,689 TEUs during the 15-month period ended March 31, 2015, to 694,614 TEUs in 2015-16. Liquid cargo volume, on the...
Conference on Digitization of Railway Supply Chain

Conference on Digitization of Railway Supply Chain

Customs, Freight, Logistics, Uncategorized
Minister of Railways Shri Suresh Prabhakar Prabhu inaugurated the Conference on "Digitization of Railway Supply Chain - A Leap forward in Ease of Doing Business" organized by Ministry of Railways in association with The Associated Chambers of Commerce of India (ASSOCHAM) and Indian Railway Institute of Material Management (IRLMM). Chairman, Railway Board, Shri A. K. Mital and other Railway Board Members and senior officials of Railway Board and representatives from ASSOCHAM were also present on the occasion. While speaking on the occasion, Minister of Railways Shri Suresh Prabhakar Prabhu said that Indian Railways is also heading towards Digital Age. He also said that Ministry of Railways is working on Enterprise Resource Programme - a software which shall benefit Railways immensely....
Iran offers India to run phase one of Chabahar Port

Iran offers India to run phase one of Chabahar Port

Customs, Freight, Logistics, Uncategorized
NEW DELHI: India's presence in the strategically located Iranian port of Chabahar — Delhi's primary gateway to landlocked Afghanistan — is all set to get a big boost. Tehran has recently proposed to Delhi to manage phase one of the port built by Iran even as the two sides are still negotiating terms and conditions of Delhi's role in expanding phase two of the port where the Modi government wants to invest Rs 150 crore, or $235 million. ET has learnt that Tehran has offered Delhi management rights for two years for phase one of the port and such rights could be renewed by another decade. But port management proposal is not just only development regarding Chabahar Port, there will be hectic activities with a trilateral meeting being planned between Iran-India-Afghanistan on operation o
Logistics firms will be GST’s biggest unnoticeable beneficiaries

Logistics firms will be GST’s biggest unnoticeable beneficiaries

Freight, Logistics, Uncategorized
With the introduction of the Goods and Services Tax (GST) from July 1, 2017, inter-state transportation of goods would become more efficient. And among all, the logistics sector, comprising inbound and outbound segments of manufacturing and services supply chains, is likely to get the much-needed boost. Logistics companies in India are moving from traditional setups towards integration of IT and technology and this is expected to reduce the costs incurred and meet service demands. At the same time, use of technology would facilitate efficient tax administration for registration, filing of returns, data exchange and efficient investigation, supervising, auditing and performance analysis. The implementation of GST from July 1, 2017, would not only allow logistics companies to set up just ...
Chess Player wins gold for Russia

Chess Player wins gold for Russia

Freight, Uncategorized, Warehouse
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