Logistics Today Archives - SLMT

Logistics Today

A.P. Moller – Maersk opens doors to 560,000 sq. ft. Integrated Logistics Park at Port Qasim in Pakistan
December 1st, 2022 by

Karachi: A.P. Moller – Maersk (Maersk), the integrated logistics company, inaugurated its new Integrated Logistics Park at Port Qasim in Pakistan today. Present at the inauguration were His Excellency Jakob Linulf, the Danish Ambassador to Pakistan, Honorable Chairman Port Qasim, Rear Admiral (R) Syed Hasan Nasir Shah HI(M), Hasan Faraz, Managing Director, Maersk Pakistan, the […]

Maersk, JSW and Essar Ports join the race for divestment of Concor
November 23rd, 2022 by

MUMBAI : According to sources, Maersk-the Danish major has participated in the second round of pre-expression of interest (EoI) roadshow held by the Department of Investment and Public Asset Management (Dipam). The other two companies which were part of the second round included JSW Group and Essar Ports. This comes after five companies — I […]

Govt to invest over ?380 crore to deepen draft depth at Cochin Port : Sonowal
November 19th, 2022 by

KOCHI : Indian Government will invest over ?380 crores towards deepen draft depth at the port to 16 metres as Cochin Port can be a possible trans-shipment hub and an alternative to Sri Lanka’s Colombo Port.  Additional investment to raise the capacity of the international trans-shipment terminal to 2 million TEUs, is also being planned, […]

Investment in logistics and industrial market in 2022 expected to surpass last year’s numbers: Report.
November 15th, 2022 by

The sector has attracted investments of Rs 8,257 crore since the beginning of this year. The logistics and industrial segment held a 25% share of the quarter’s fund flow, led by two large deals – Actis’ investment of Rs 2,200 crore in Mahindra Lifescape for warehousing in Chennai and Jaipur, and GIC and ESR Group […]

A.P. Moller – Maersk to open 100,000 sq ft warehouse at Chattogram, Bangladesh
November 12th, 2022 by

The three-storied facility is expected to go live by December 2022, to help in addressing the warehousing capacity crunch faced by exporters out of Chattogram, Bangladesh A.P. Moller – Maersk (Maersk), the integrated logistics company, is expanding its warehousing footprint in Bangladesh with a brand new 100,000 sq. ft. facility being built in Chattogram. The […]

Deutsche Post DHL Group increases 2022 earnings guidance
November 9th, 2022 by

Revenue up 20% to €24 billion for Q32022, earnings up 1% €2 billion Deutsche Post DHL Group increased its third-quarter 2022 revenue by 20 percent to €24 billion, operating profit (EBIT) improved by over 15 percent to €2 billion and EBIT margin at 8.5 percent was slightly below the prior-year level (Q32021: 8.8 percent). “Even […]

Qatar Airways Cargo launches freighters to Riyadh
November 3rd, 2022 by

Boeing 777 freighter operates twice a week, offering a cargo capacity of 100 tonnes per flight. Qatar Airways Cargo has commenced freighter operations to Riyadh, Saudi Arabia, w.e.f November 1, 2022. “The Boeing 777 freighter operates twice a week, offering cargo capacity of 100 tonnes per flight,” says an official release. Qatar Airways serves the […]

Cochin Port bets big on tariff relaxation for cruise ships
October 27th, 2022 by

The Ministry has extended the rationalised tariff for cruise vessels as part of providing support to cruise shipping business which was adversely affected during the pandemic. The decision of the Ministry of Ports, Shipping and Waterways to extend the relaxed tariff for cruise ships at Indian ports for another year has brought cheer to the […]

CABT Logistics invests nearly Rs 5cr for festive operations
October 19th, 2022 by

Currently handling around 20 lakh orders per day; expected to reach 30 lakh orders per day during festival season. CABT Logistics has invested Rs 4.7 crore ($0.6 million) to set up 78 facilities like distribution hubs and sorting hubs pan-India for its clients. Each hub is around 3,000 sq ft and CABT Logistics has made […]

Capacity increasing even as carriers step up blank sailing
October 13th, 2022 by

Even with 26-31% capacity reduction on Transpacific & 19-27% on Asia-Europe, rates continue to fall: Sea-Intelligence   In the weeks following Golden Week (weeks 41-43), carriers are taking out significant levels of capacity per week, according to the latest update from Sea Intelligence. “This level of blanked capacity is not only higher than in 2019 […]

Logistic service provider CSL India plans expansion in the silver jubilee year
October 10th, 2022 by

Consolidated Shipping Line (CSL) India, a Kochi-based leading logistics service provider, has announced expansion plans on the occasion of completing 25 years of its services. The company will set up a modern warehouse with an area of 50,000 sq ft in Chennai. Ajai Joseph, Chairman, and CEO, CSL India, said that the warehouse will have […]

FedEx research shows e-commerce opportunities set to grow for SMEs
October 1st, 2022 by

 79% of Indian SMEs agree e-commerce will continue to boom, becoming more important to biz growth over the next 3 years The latest e-commerce trends from research commissioned by FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world’s largest express transportation companies, show that both Small and Medium-sized Enterprises (SMEs) […]

Patient-centric pharma supply chain: Right Product, Right Time, Right Price
September 27th, 2022 by

Renowned as the pharmacy of the world, the inefficiencies of the Indian pharma supply chain were exposed during the Covid-19 pandemic, for good. Now it is on a path of transformation both physically and technologically. Being patient-centric is the right way to do it. The healthcare sector has been at the centre of the Covid-19 […]

Celcius Logistics launches tech-enabled cold chain last mile delivery solution
September 23rd, 2022 by

Celcius has launched this platform in six metros and plans on expanding this to other tier-2 cities and towns in the next six months. The cold-chain marketplace startup, Celcius Logistics today announced the launch of its last-mile delivery platform that “addresses and fixes the pain points in India’s cold supply chains.”  The brand has also […]

Ministry asks steel-makers to explore inland waterways for logistics purposes
September 12th, 2022 by

SAIL and Tata Steel are to submit proposals by next meeting scheduled for Sep 21 The Steel Ministry has asked the Indian steel-makers to tap the route of the waterway for transportation in the sector. At least two, — Tata Steel in the private sector, and the state-owned SAIL — have been asked to explore […]

Philadelphia Airport’s ambitious plans to increase cargo revenue
September 2nd, 2022 by

Philadelphia International Airport is investing big to build cargo infrastructure for the future to increase revenue from cargo operations considerably. Philadelphia International Airport is located right in the middle of the US political capital Washington DC in the south and the financial capital New York in the north. This important airport in the east coast […]

Management changes at Kuehne+Nagel Germany
August 29th, 2022 by

Holger Ketz joins Kuehne+Nagel’s global Air Logistics management team as of January 1, 2023, Tobias Jerschke succeeds as Managing Director Germany Holger Ketz will join Kuehne+Nagel’s global Air Logistics management team in Schindellegi (Switzerland) as Global Head of Network and Carrier Management on January 1, 2023. As part of the strategic development of the Air […]

Tech-enabled unbroken cold supply chain need of the hour for India
August 23rd, 2022 by

For us to survive and grow as an economy, it is vital to build an unbroken cold supply chain network, check why! Every year, India produces more than 400 million MT of perishable food. We are also the world’s largest producers and consumers of dairy products and rank #2 in the production of fruits and […]

Rhenus expands its presence in the Indian logistics industry
August 19th, 2022 by

New storage solutions include a heavy-duty selective pallet racking system for customised storage among others Germany’s Rhenus Group has expanded its warehousing footprint in India by launching two new multi-user chemical warehouses in Jamalpur (Gurugram) and Bhiwandi (Mumbai). It is also introducing its very own building, Rhenus Tower, in the logistics hub of Mumbai-Andheri. The […]

PPP helped ports to grow: Shripad Naik
August 16th, 2022 by

PPP mode has become the preferred mode of infrastructure development in major ports accounting for 90 percent of the new investment in berth and terminal infrastructure. The Union Minister of State for Ports, Shipping, and Waterways, Shripad Naik, has said that the PPP (public-private-partnership) projects have helped the major ports to create new infrastructure, improve […]

It’s a boom time for storage spaces
August 8th, 2022 by

E-commerce drives the need for warehousing spaces across the country India’s warehousing sector is witnessing exponential growth, thanks to the rising e-commerce segment, increased automation, and robust manufacturing growth. This has opened up new and exciting opportunities for stakeholders in the sector with new concepts like multi-use facilities and consolidation of smaller spaces into larger […]

Mahindra Logistics Q1 PAT rises over four-fold to ₹13.64 cr
August 1st, 2022 by

Mahindra Logistics reports an increase in consolidated profit due to higher revenue Mahindra Logistics Ltd on Friday reported an over four-fold increase in consolidated profit after tax to ₹13.64 crore for Q1 ended June 30, on the back of higher revenue. The company had posted a consolidated net profit of ₹3.04 crore in the corresponding […]

New integrated cargo terminal work starts with a groundbreaking ceremony at SVPI airport
July 26th, 2022 by

Phase 1 of the new cargo terminal is expected to be ready in a year New cargo terminal work commenced at Sardar Vallabhbhai Patel International terminal, with a groundbreaking ceremony on Thursday, July 21. A new Integrated Cargo Terminal is being planned considering cargo growth for the next 30 years. The Phase 1 work is […]

Deutsche Post DHL provides support for relief goods in Assam
July 18th, 2022 by

DHL & Blue Dart’s disaster response team facilitated the delivery of 30 tonnes of relief material to a warehouse in Guwahati. Deutsche Post DHL Group has deployed a part of its disaster response team (DRT) in Assam, following heavy monsoons and devastating floods in that region. “Working closely with the Assam State Disaster Management Authority […]

Adani and Gadot win tender to privatise Israel’s Haifa Port
July 16th, 2022 by

Consortium comprising India’s APSEZ and Israel’s Gadot Group has secured the rights to buy 100% shares of Haifa Port Company Ltd A consortium of Adani Ports and Special Economic Zone Ltd (APSEZ) and Israel’s Gadot Group has won the tender to privatise the Port of Haifa, the second largest port in Israel, amidst stiff competition […]

Why enterprise-level automation of transport logistics is key
July 11th, 2022 by

An offshoot of the disruptions has been the increased awareness of the need for automation and digitalization. The Indian supply chain and logistics sector is one of the largest globally and is growing from $200 billion in early 2020 at a CAGR of 10.5 percent. However, the disruptions like pandemics and the Russia-Ukraine conflict have […]

NIIF invests ₹2250 crore for 22.5% share in DP World’s Hindustan Ports
July 4th, 2022 by

HPPL operates five container terminals managing more than 5 million TEU of capacity DP World and India’s National Investment and Infrastructure Fund (NIIF) have announced the broadening of their existing partnership, with NIIF Master Fund investing primary capital of ₹2,250 crore (approximately $300 million) for a shareholding of approximately 22.5 percent in Hindustan Ports (HPPL), […]

Qatar Airways Cargo launches WeQare Chapter 4 – Diversity
June 28th, 2022 by

Diversity is the latest focus topic in WeQare’s sustainability initiative centered around the environment, society, economy, & culture. Qatar Airways Cargo has launched Chapter 4 of its ‘WeQare’ sustainability initiative, dedicating it to its 2,873 diverse individuals, who in Qatar’s own words represent “the face and heart of the airline”. The operator further attributed its […]

CargoStack from Wiremind Cargo offers multiple benefits
June 21st, 2022 by

Wiremind Cargo is dynamically adapting products to changing requirements: CEO Nathanaël de Tarade CargoStack from Wiremind Cargo offers four clear differences to the conventional Cargo Management Systems (CMS). “First and foremost is its user interface (UI). The look and feel of a system is no longer something which is nice to have,” says Guillaume de […]

Gujarat Maritime Cluster’s first annual meet was held in GIFT City
June 18th, 2022 by

Experts resolve to address the limitations of the Indian maritime sector to tap global markets At the first annual meet of the Gujarat Maritime Cluster (GMC) on Friday, experts and the policy makers discussed issues faced by the industry in venturing out and tapping the global markets. The reasons, according to the leaders from the […]

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