Monday, May 20Logistics That Matters

Logistics

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
Sadleirs Global Logistics receives Australian Trusted Trader accreditation

Sadleirs Global Logistics receives Australian Trusted Trader accreditation

Business, Logistics, Uncategorized
Sadleirs Global Logistics has announced that it is the first national customs brokerage and international freight forwarder to be fully accredited as an Australian Trusted Trader by the Australian Border Force (Customs). “This is another pioneering milestone for Australia’s oldest family business,” Sadleirs wrote in a press release. “We were initially selected and are now fully accredited as a result of our strong security practices and very long history of compliant behaviour.” Australian Trusted Trader is a trade facilitation initiative that recognises businesses with a secure supply chain and compliant trade practices. It provides accredited businesses with a range of trade facilitation benefits. Australian Trusted Trader is an Authorised Operator (AEO) programme, one of ma
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
How Indian Logistics Startups Are Driving Efficiency In Truck Industry

How Indian Logistics Startups Are Driving Efficiency In Truck Industry

Business, Logistics, Technology, Uncategorized, Warehouse
Logistics and transportation play a crucial role to help the economy of India to sustain. You can call them as the nervous system to a country’s economy. And talking about a developing nation like India, with the rise of e-commerce platforms, logistics is growing like it’s no one’s business! Increase in retail outlets, affluent demands from customers and increased connectivity are some of the major reasons why logistics is on a roller coaster. In spite of all these factors, you’ll come across a slew of problems which affects the industry to achieve its maximum potential. In fact the global cost of logistics accounts to approx 5 percent compared to 6 to 10 percent of what we have in India. Well, that means we still have a gigantic scope to improve our revenue margins by implementing bett
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...
Wal-Mart Wants Suppliers to Eliminate a Gigaton of Greenhouse Gases by 2030

Wal-Mart Wants Suppliers to Eliminate a Gigaton of Greenhouse Gases by 2030

Business, Logistics, Uncategorized, Warehouse
Wal-Mart Stores Inc., long known for squeezing its suppliers on prices, is now pressuring companies including Unilever and Colgate-Palmolive Co. to help the world’s biggest retailer remove a billion metric tons of greenhouse gas emissions from its supply chain by 2030. The retailer’s target—which it’s calling Project Gigaton—equates to taking 211 million passenger vehicles off the road for an entire year, according to a statement from the company. As part of the goal, Wal-Mart will also look to reduce emissions in its own operations by 18% by 2025. The bulk of the reduction will come from suppliers including General Mills Inc., Campbell Soup Co., and Unilever, according to Laura Phillips, Wal-Mart’s senior vice president for sustainability. “We’ve made progress in our own operatio
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
CJ Korea Express acquires 50% stake in Darcl Logistics

CJ Korea Express acquires 50% stake in Darcl Logistics

Logistics, Uncategorized
South Korea’s parcel delivery service company CJ Logistics Corp. has acquired a 50 percent stake in India’s logistics and transport company Darcl Logistics Ltd. for $50.6 million. Through the deal, the Korean company is expected to strengthen its footprints in India to tap the burgeoning logistics demand in the Asian country. CJ Logistics recently announced that it has agreed with Darcl Logistics to take over 11,931,071 shares or 50 percent stake in the Indian logistics and transport company, to become its largest shareholder. Established in 1986, Darcl is India’s leading transport company that provides freight services specialized in delivering industrial materials like steel on top of consumer goods through its land and sea transport networks that stretch out to neighboring