Logistics Today

Container shortage forces exporters to shift to break bulk
January 19th, 2022 by

Cargoes like rice, maize, chilly, soya bean meal, jute, cement in bags and steel products are now shipped this way The unprecedented shortage of sea containers for over a year now has forced some of the exporters to go back to the traditional way of sending cargo – by break bulk in large bulk ships […]

How India can use Covid as an opportunity to build logistics sector better
January 11th, 2022 by

Synopsis Now, with the country in the third wave under the less-destructive Omicron variant, it is important to critically identify issues, ringfence crucial sectors to minimize impact, improve logistics to assist, especially in manufacturing, pharmaceuticals, food, and agriculture, integrated supply chains, exports and eCommerce. The logistics industry is the lubricant for the moving wheels of […]

A promising 2022 to see more tech-driven disruptions in logistics
December 31st, 2021 by

The logistics sector is set to grow at over 10 percent CAGR in the next five years to reach $370 billion India’s logistics sector is entering 2022 on a high note given the large investments that flowed into it in 2021. The trend is likely to continue next year as well. The flow of private […]

Fairfax-backed Seven Islands Shipping expands fleet with oil products tanker
December 21st, 2021 by

It now runs a fleet of 23 ships, comprising 18 oil products tankers, three crude tankers, two LPG carriers Seven Islands Shipping Ltd, backed by Indian-born Canadian businessman Prem Watsa-led Fairfax India, has purchased a second-hand oil products carrier, its third acquisition in less than four months, for an undisclosed amount. The initial public offering […]

Fairfax-backed Seven Islands Shipping expands fleet with oil products tanker
December 18th, 2021 by

It now runs a fleet of 23 ships, comprising 18 oil products tankers, three crude tankers, two LPG carriers Seven Islands Shipping Ltd, backed by Indian-born Canadian businessman Prem Watsa-led Fairfax India, has purchased a second-hand oil products carrier, its third acquisition in less than four months, for an undisclosed amount. The initial public offering […]

JSW Infra seeks nod to handle other cargoes at its upcoming coal export terminal in Paradip port
December 16th, 2021 by

Request for change in cargo will require approval from the Shipping Ministry, say sources JSW Infrastructure Ltd, the port unit of Sajjan Jindal-led JSW Group, has sought permission from the Centre-owned Paradip Port Authority to handle “other cargoes” at its soon-to-be-commissioned coal export terminal at the port located in Odisha, government sources said. The development […]

To meet equipment shortages, shipping lines import 1.67 mn empty boxes: Govt
December 13th, 2021 by

Post Covid-19, port congestion and the unbalanced economic recovery among the trading partners played a role in the crisis. Container shipping lines repositioned 1.67 million empty twenty-foot equivalent units (TEUs) into India in the last 18 months to make boxes available for exports to deal with the shortage of equipment driven by global port congestion […]

Indian Railways permits 12 ft high containers for cargo movements
December 1st, 2021 by

Haulage charges would be at part with 2018 notification, says a circular The Ministry of Railways has decided to permit the introduction of 12 feet high container of 20 feet length for cargo transportation on its network.

Adani Ports plans to buy as much as 10 million sq ft of warehousing assets every year till 2026
November 23rd, 2021 by

India’s largest private port operator bets on e-commerce boom to raise capacity 150 times Adani Ports and Special Economic Zone Ltd (APSEZ) is looking to buy as much as 10 million square feet (sq ft) of warehousing assets every year as India’s largest private port operator bets on the e-commerce boom to raise capacity 150 […]

JNPT privatisation: Top operators queue up
November 11th, 2021 by

12 groups, including APSEZ, DP World, PSA and APM Terminals, submit initial bids Top port operators such as Adani Ports and Special Economic Zone Ltd, DP World, PSA International, APM Terminals, CMA Terminals Holding, Terminal Investment Ltd, and JM Baxi Group are among the 12 groups that have submitted initial bids to a Jawaharlal Nehru […]

Major ports to board new port law from November 3
November 2nd, 2021 by

Structural reform designed to help major ports compete with private ports and check diversion of cargo The Centre-owned 11 major port trusts will start afresh under a new law from Wednesday, allowing them to shed decades-old baggage that was an impediment to growth and help them compete with modern, private ports on the back of […]

DHL Express to invest ₹200 crore in expanding Bengaluru hub
November 2nd, 2021 by

Says it is seeing a significant uptick in its business DHL Express (DHLE), a leading Express logistics service provider says its business has crossed pre-pandemic levels. RS Subramanian, MD and Senior VP, DHLE said that while between April and May there was a slowdown when the Covid wave as its peak, the last three to […]

Kerala government revamps incentive scheme for coastal shipping
October 11th, 2021 by

The incentive to be disbursed as a fixed amount based on a rate chart The Kerala government has approved a revised coastal shipping incentive scheme on loaded containers moving between Kochi and non-major ports in the State. The incentive on freight will now be disbursed according to a rate chart fixed for various routes. It […]

Hapag-Lloyd orders 75,000 standard TEUs to ease empty containers scarcity
August 31st, 2021 by

To ease the scarcity of empty containers, Hapag-Lloyd has ordered another 75,000 TEU dry boxes. The containers will be manufactured in China and delivered to Hapag-Lloyd within the fourth quarter of 2021. Adding up all investments into containers since the beginning of 2020, Hapag-Lloyd has ordered 625,000 TEU. Hapag-Lloyd now has a container fleet of […]

Hikvision offers maximum logistics performance with Smart Dock Management
August 24th, 2021 by

Hikvision announced that with its Smart Dock feature it becomes fast and simple for logistics sites to direct vehicles to available docks, speeding up loading and unloading, and maximizing throughput and efficiency. “At large, busy logistics sites, just a few dock managers control the flow of hundreds of vehicles waiting to load and unload – […]

Agility finalizes sale of Global Integrated Logistics to DSV Panalpina
August 18th, 2021 by

Agility announced that it expects to complete the sale of its Global Integrated Logistics (GIL) business to DSV Panalpina A/S (DSV) today. The all-shares transaction gives Agility 19,304,348 DSV shares upon full completion of the deal in all jurisdictions, representing approximately 8 pecent of all post-transaction shares of DSV. This makes Agility the second-largest DSV […]

Delhivery–Spoton combination is not supplementary but complementary
August 10th, 2021 by

Delhivery, the IPO-bound express logistics company, signed an agreement to acquire the 100 percent stake in rival express logistics player Spoton Logistics for $200 million. While many perceive it as a supplementary addition, market experts note that it is a complementary union of two leaders in two different segments (B2C and B2B) of express distribution. […]

Swiggy ties up with Hero Lectro WINN, to pilot cargo e-bikes for food delivery in Hyderabad
August 6th, 2021 by

The food delivery platform hopes to use the e-bike to optimize efficiency and go green Hero Lectro Cargo (HLC) and Swiggy have partnered to pilot the deployment of cargo e-bikes for last-mile food delivery in Hyderabad. Swiggy, which has already been planning to include EVs in its fleet, will be utilizing Hero Lectro’s WINN – […]

Ecom Express launches E-zippie to help SMEs
August 3rd, 2021 by

Ecom Express, a technology-enabled end-to-end logistics solutions provider for the e-commerce industry, has announced the launch of its self-sign-up portal called E-zippie. The portal is for micro-entrepreneurs, small business owners, sole-proprietors and home-preneurs, to sign-up for logistics services. This move is aimed to simplify the customer onboarding process with the company by enhancing user experience […]

XpressBees enters into exclusive business partnership with SpiceXpress
July 27th, 2021 by

XpressBees announced that it has entered into an exclusive strategic business partnership with SpiceXpress to further strengthen XpressBees’s position in the logistics sector. Under this partnership, XpressBees has been allotted exclusive rights to sell SpiceXpress’ D2D (door to door) products at a total of 27 tier-3 & tier-4 locations within the SpiceXpress network. “This would […]

Adani Group offers discount for LNG-fueled vessels at Mundra port
July 20th, 2021 by

The Adani Group will offer a 50 per cent discount on charges to liquefied natural gas (LNG)-fueled ships at Mundra, India’s largest commercial port, according to a notice seen by Reuters, as the country seeks to cut emissions under its green ports plan. Using LNG to fuel ships allows a significant reduction in CO2 as […]

DP World eyes 100% acquisition of Imperial to expand footprint in Africa and Europe
July 14th, 2021 by

Logistics major DP World is planning to acquire South Africa’s Imperial Logistics Ltd for $890 million, one of DP World’s most significant acquisitions in Africa so far. DP World is interested in acquiring Imperial and all its businesses to expand its logistics footprint in Africa and Europe. Imperial’s Logistics International business is within the scope of the […]

JNPT moves 441,984 TEUs, ICD traffic of 88,849 TEUs, 548 rakes in June
July 7th, 2021 by

Jawaharlal Nehru Port Trust (JNPT) recorded a throughput of 441,984 TEUs in June 2021 as compared to 289,292 TEUs in June 2020, a growth of 52.78 percent as compared to the same period last year. In terms of rail operations, JNPT handled 88,849 TEUS of ICD traffic from 548 rakes in June 2021, and the […]

Delhivery in advanced talks to acquire rival logistics firm Spoton
June 29th, 2021 by

India’s homegrown logistics giant Delhivery has entered into advanced stage discussions to acquire a controlling stake in its rival Spoton Logistics – a Bengaluru-based express logistics firm, sources close to the matter has informed a section of the media.

Mahindra Logistics reports significant impact of Covid on Apr-May business
June 23rd, 2021 by

Mahindra Logistics saw a significant impact on its business in the last two months due to lockdowns in various states, but now it is back on a stronger recovery path and expecting this momentum to further consolidate during the second half of this fiscal.

Railways crosses 30,000 MT milestone of liquid medical oxygen delivery
June 15th, 2021 by

Indian Railways crossed the milestone of delivering 30,000 MT Liquid Medical Oxygen(LMO) to various states across the country. So far, Indian Railways has delivered nearly 30182 MT of LMO in more than 1734 tankers to various states across the country. 421 oxygen expresses have completed their journey so far and brought relief to various States. […]

Om Logistics partners to deliver medical oxygen for Democracy Foundation India
June 8th, 2021 by

Om Logistics has helped Democracy India Foundation deliver 5000 oxygen concentrators to hospitals across India till date and aims to systematically address the on-ground issues related to the supply of oxygen under the Mission Oxygen initiative. This initiative is under Om Logistics’ CSR programme and it is now a logistic partner in the Mission Oxygen […]

Indian logistics SaaS startup FarEye raises $100 million from TCV, others
May 29th, 2021 by

Logistics software-as-a-service (SaaS) start-up FarEye has raised $100 million in funding led by new investors TCV and Dragoneer Investment Group, as part of the company’s Series E financial round. The investment witnessed participation from existing backers Eight Road Ventures, Fundamentum and Honeywell. As part of the transaction, Gopi Vaddi, general partner at TCV will join […]

Dukaan partners with Dunzo, Shiprocket to integrate delivery
May 18th, 2021 by

The SaaS platform for online stores, Dukaan, today announced that it has partnered with Dunzo, the on-demand commerce & delivery platform, and Shiprocket, the tech-enabled logistics aggregation platform, to integrate delivery into the platform for a seamless retail experience. Pandemic-led surges in demand for home deliveries indicate a long-term trend that would become the upcoming […]

3PL company Sitics Logistic acquires logistics tech startup Quifers
May 11th, 2021 by

The third party logistics company Sitics Logistic Solutions announced the acquisition of Quifers, a logistics tech startup revolutionizing logistics and developing disruptive technologies. As per the deal, Sitics will acquire a majority stake in Quifers for an undisclosed sum.

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