Logistics Today Archives - SLMT

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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 […]

Cochin Shipyard charts its new course in golden jubilee year
June 15th, 2022 by

Aims to transition to a technology focussed corporate with new and emerging maritime solutions Cochin Shipyard Ltd (CSL) — India’s crown jewel in shipbuilding — in its golden jubilee year has embarked on an ambitious plan to transform itself into a knowledge-based, technologically upfront corporate from a conventional public sector unit. The ₹4,000-crore net worth […]

Etihad Cargo to add capacity in summer across Asia, Africa, Europe
June 10th, 2022 by

Additional flights in summer to introduce more belly capacity across key routes for Etihad Cargo’s customers Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, will provide additional capacity to key destinations in the summer months across Asia, Africa, and Europe. From July, Etihad Cargo will continue to operate its Boeing 777 freighter […]

BPCL wins Business Excellence award for cargo handling at Cochin Port
June 8th, 2022 by

Bharat Petroleum Corporation Limited has received the “Excellence in Business Performance in cargo/ship handling at Cochin Port” award for 2021-22. In 2021-22, around 20 million tonnes of cargo belonging to BPCL was handled at Cochin Port. This is about 58 percent of the cargo handled at Cochin Port, a statement said.

Freightos to go public via merger with Gesher
June 4th, 2022 by

Freightos reports 213% CAGR in gross booking value between Q12019 and Q12022 and over 60% gross margins Freightos Limited, and Nasdaq-listee Gesher I Acquisition Corp. (GIAC), a special purpose acquisition company, announced they have entered into a definitive merger agreement that would result in Freightos being publicly listed on the Nasdaq under the ticker symbol […]

First ever Capesize vessel berthed at VOC Port
May 30th, 2022 by

Cape Breeze loaded with 92,300 tonnes of limestone and gypsum was consigned from Oman The first-ever Capesize vessel, Cape Breeze, berthed at the VO Chidambaranar port in Thoothukudi on Thursday. Cyprus registered bulk carrier has a length of 292 m, breadth of 45.05 m, and 1,80,000 Dead Weight Tonnes. Capesize is the largest class of […]

PM Modi flags off multi-modal logistics park under Gati Shakti in Chennai
May 27th, 2022 by

The Rs1400 cr MMLP Chennai project will be one of the first of its kind, the Indian government plans to develop 35 MMLPs CBRE South Asia Pvt. Ltd, India’s leading consulting firm has been appointed as the advisor for the development of a multi-modal logistics park in Chennai. The foundation stone of the project was […]

India’s warehousing sector checks into the fast lane
May 23rd, 2022 by

Buoyed by the e-commerce sector and the growth of the Indian industry, warehousing in India has undergone a metamorphosis. With technological advancements, consolidation, government support, newer business models, and investment coming into the space post the pandemic, the sector may well be set for a dream run for the next five years Warehousing is a […]

Work stoppage at Colombo Port: Ceylon shipping agents warn of biz loss; opens up opportunities for Cochin Port
May 16th, 2022 by

However, Kerala’s exporters are in a fix as they mainly depend on Colombo for transhipments Concerned over the recent developments at Colombo Port leading to a work stoppage, the Ceylon Association of Shipping Agents warned the existing crisis could lead to loss of confidence as a transshipment hub and shifting of business to competitor’s ports. […]

Q1 results follow a record year for IAG Cargo in 2021
May 9th, 2022 by

IAG Cargo reports revenues of €432 million for Q1 2022; an increase of 23.4 percent on the same time in 2021 On Friday, IAG Cargo, the cargo division of IAG (International Airlines Group) reported its financial results for Q1 2022, with revenues of €432 million for the period from January 1 to March 31, 2022. […]

Global Logistics launches containers to tackle shortages
May 4th, 2022 by

Containers will operate both ways between major Indian ports and Singapore, Malaysia, Bangladesh & China With container shortage plaguing the logistics industry over the last two years, Global Logistics Solutions India Pvt Ltd has launched Global Logistics Containers to strengthen its NVOCC operations and further support our customers. (NVOCC, or Non-Vessel Owning Common Carrier, operations […]

Jet Freight accelerates ‘Mission Excel’ for business transformation
April 28th, 2022 by

To focus on a business transformation strategy to achieve exponential growth, multi-fold expansion Jet Freight Logistics Limited, continues to strive for growth and expansion. Recently the company has announced “Mission Excel” which is their business transformation initiative that promises to bring 5x revenue growth in the coming 5 years of the company. This business initiative […]

Amazon helps women entrepreneurs earn space in the logistics sector
April 26th, 2022 by

Its last-mile delivery program ‘I Have Space’ has over 28,000 neighbourhood and kirana partners in 420 towns and cities For PZ Noorjahan, a Biotechnology student in Kochi, the last mile delivery program of Amazon called “I Have Space” (IHS) has helped her find out an additional source of income as well as pursue her post-graduate […]

Here comes Vertiplane X3, India’s fastest hybrid e-VTOL drone
April 21st, 2022 by

TechEagle is banking on demand from the healthcare, e-commerce, marine, and defense sectors for its Made-In-India drone Gurgaon-based leading drone delivery startup TechEagle launched Vertiplane X3, India’s fastest hybrid-electric vertical take-off and landing (e-VTOL) drone, at the E-Commerce Logistics Summit 2022 in Mumbai today. The newly launched drone has hybrid capabilities of a helicopter and […]

Kuehne+Nagel & Lufthansa Cargo back power to liquid technology
April 18th, 2022 by

Branded Boeing 777 freighter D-ALFK en route worldwide as an ambassador for a joint mission This morning at 09:07 CET, the Lufthansa Cargo freighter with the registration D-ALFK took off for the first time under flight number LH8406 to Seoul, South Korea (ICN) with a new flight-ready livery: with the inscription “Flying into the Future […]

Five ways technology impacting the Indian logistics industry
April 18th, 2022 by

They have been impacted by communication & information technologies and from manual to automatic transformation. Logistics plays a vital role in the industrial innovation of the country. Technology is widely accepted around the world and India is no different in accepting technological advancements. Various industries are connected with technology and logistics being one of them. […]

Tata Motors bags order for 1,300 commercial vehicles from VRL Logistics
April 11th, 2022 by

Tata Motors on Thursday said it has bagged an order for 1,300 commercial vehicles from VRL Logistics. The order comprises a medium and heavy commercial vehicle and intermediate & light commercial vehicle range, suited for logistics operations of VRL Logistics, the Mumbai-based automaker said in a statement. The vehicles were selected basis the superior drivability, […]

IndiGo appoints Mahesh Malik as Chief Commercial Officer of the cargo division
April 8th, 2022 by

Malik will take charge of the division, which is called CarGo, on May 15 IndiGo has appointed Mahesh Malik as the Chief Commercial Officer of its cargo division. Malik will take charge of the division — which is called “CarGo” — on May 15, an airline statement noted.

Adani Vizhinjam Port: Strategic boost to India’s maritime credentials
April 4th, 2022 by

Given the lack of adequate port infrastructure in the country, this project could be a gamechanger for ports The ₹7,525-crore deep-water, multipurpose, international seaport and container transshipment terminal at Vizhinjam, near Thiruvananthapuram — being constructed by Adani Vizhinjam Ports Pvt Ltd (AVPPL) — will go to entrench India’s position in the maritime world. The project […]

Logistics major Delhivery partners with Reliance-owned Ajio to improve supply chain efficiency
April 2nd, 2022 by

To launch a technology-based ‘quality check return product’ Logistics firm Delhivery has partnered with Reliance-owned fashion and apparel marketplace Ajio to significantly improve their customer experience, the company has announced. The IPO-bound logistics major has partnered with Ajio to launch a technology-based Quality Check Return Product (QC-RVP). “The QC-RVP product enables Delhivery’s nearly 26,000 last […]

Indian American Raj Subramaniam to head FedEx
March 29th, 2022 by

Raj Subramaniam will replace the founder and current Chairman & CEO Frederick W Smith on June 1, 2022 Indian American Raj Subramaniam, an alumnus of IIT Bombay, has been named as the new CEO of FedEx, the US-based multinational courier delivery giant. The company announced on Monday night. Effective June 1, 2022, Frederick W Smith, […]

PSA allows bidding for new container terminal at VOC Port
March 29th, 2022 by

Earlier, the VOC Port Authority had excluded PSA International from the bid PSA International Pte Ltd has been allowed to participate in the tender for a new container terminal at V O Chidambaranar Port Authority (VOC Port) after a court order led the Centre-owned port authority to annul its earlier decision to disqualify the Singapore-based […]

Our containers and pallet fire containment covers are designed to contain cargo fires for a minimum of 6 hours
March 26th, 2022 by

Satco, Inc. recently made a $10 million investment culminating in the opening of the world’s first manufacturer-owned Air Cargo Safety Research Center (ARC) in Miami Township, Ohio. The Satco ARC facility places an emphasis on optimizing the manufacturing process and safety of unit load devices (ULDs), ultimately increasing the safety of air cargo transportation. Lakshmi […]

Why Adani Ports’ 300 mt cargo handling mark is a crucial success story for India’s maritime sector
March 24th, 2022 by

World-class infrastructure with a customer-centric culture, aided by digital interventions help APSEZ to rise Adani Ports and Special Economic Zone Ltd (APSEZ) has sailed past the milestone of handling 300 million tonnes (mt) of cargo across its 12 ports this year on the back of a sharp rise in India’s export-import trade. It was achieved […]

CSC invests in ONDC to promote e-commerce and logistics in rural India
March 23rd, 2022 by

Chennai: Common Services Centers under the Ministry of Electronics & IT (MeitY), on Tuesday, said it has invested in the Open Network for Digital Commerce (ONDC) to promote e-commerce and logistics in rural areas. “It is for the first time that CSC has invested in an initiative like this. ONDC will democratise digital commerce by […]

SCR sets new record in revenue through parcel loading
March 22nd, 2022 by

South Central Railways has earned revenue of ₹200 crore by loading 4.78 lakh tonne of parcels in 2021-2022 Hyderabad, March 21 The South Central Railways (SCR) has earned revenue of ₹200 crore by loading 4.78 lakh tonne of parcels in the current financial year 2021-2022 as on March 19, 2022. This was the highest ever […]

Cochin Shipyard, Dredging Corporation sign pact to build India’s first indigenous dredger
March 18th, 2022 by

The vessel will cost around ₹920 crore New Delhi, March 17 Cochin Shipyard Ltd and Dredging Corporation of India (DCI) on Thursday signed an agreement to build the country’s first indigenous dredger. The vessel with a 12,000 cubic metre capacity, will cost around ₹920 crore and is expected to be completed within 34 months. The […]

IBS Software to deploy iCargo solution with Alaska Air Cargo
March 11th, 2022 by

Will digitally transform Alaska Air Cargo’s sales and inventory, cargo terminal operations, airmail handling, revenue accounting, and mobile applications IBS Software, a leader in SaaS solutions to the travel industry, has signed a long-term agreement with Alaska Air Cargo to transform and modernize its air cargo IT ecosystem. IBS Software will implement iCargo, its full […]

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