Trade disputes to hamper global air cargo growth

The Association of Asia Pacific Airlines (AAPA) has indicated tough times for the global air cargo business in the near run. The association recently released the financial report of the airlines in the APAC region in 2018 which underline the “net earnings of Asia Pacific airlines reducing to a combined US$4.7 billion, from the US$9.6 billion recorded in the previous year.”   Commenting on the near run prospects,  Andrew Herdman, Director General of AAPA said, “Asia Pacific airlines continue to face significant headwinds in the form of persistent cost pressures,…

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SPOTON adds air express service to its portfolio

SPOTON LOGISTICS, one of the fastest growing express logistics company, has now added air express cargo service to its portfolio. Spearheaded by Abhik Mitra, former TNT India head, the company has announced offering a range of specialized Multi-Modal Express Cargo Services to B2B customers, significantly reducing Turn Around Time (TAT) for time sensitive deliveries to over 25000 pin codes across India.   “The Air express service will play a major role in catering to the rising demand for safe and faster deliveries. We expect our new service to act as the cornerstone in increasing our market…

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Oracle updates Supply Chain Management cloud offering

To help organizations design and operate efficient and agile supply chains, Oracle has  announced a series of logistics management updates to Oracle Supply Chain Management (SCM) Cloud. The updates include a new logistics network modeling product and enhanced transportation management and global trade management capabilities. The company claims the latest innovations will help customers drive better business outcomes by enhancing supply chain responsiveness, optimizing shipments and asset utilization, and improving productivity across global supply chains.   “Expectations are not only increasing, they also are constantly evolving. To meet these demands, organizations…

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GRM buys manufacturing plant in Gujarat to boost exports

GRM Overseas , India’s third largest basmati rice exporter has acquired a manufacturing facility at Gandhidham, Kutch, Gujarat. The plant has been bought from United Foods and it is in line with GRM’s strategic plan to expand capacity and develop a base adjacent to the Mundra port to augment exports.   The acquired facility includes land, building and two sortex plants and has a production capacity of 800 MT per day.  The company has also purchased a large plot of land adjoining to the plant to develop a warehouse. Commenting on the development, Atul…

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Greenlam acquires European distribution firm

To ensure better access of its offerings in the European market, Greenlam Industries -. a leading provider of decorative surfacing solutions such as HPL, Compacts, Decorative Veneers, Doors and Engineered Wooden Flooring – has acquired Decolan SA. Decolan is a Europe based distribution company which has been the leading supplier of imported HPL and other decorative surfaces for over 20 years.   The acquisition is expected to be completed in the first quarter of FY’20 and will further strengthen Greenlam’s position in the HPL and Compact panels market in Europe.…

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Labour intensive exports fare poorly in April

For Indian export business, the first month of the current fiscal 2019-20 hasn’t begun on a positive note. According to the government data, total exports in the month stood at $26.07 billion which marks a meager growth of 0.64 percent. Reacting to the April, 2019 trade data, FIEO President, Ganesh Kumar Gupta said that the trend is not encouraging as all the labour-intensive sectors including leather & leather products, gems & jewellery, engineering goods, cotton yarns/fabs/made-ups, man-made yarn/fabs/made-ups, carpets, marine products, few plantations and various other sector of exports dominated…

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DB Schenker new distribution terminal to significantly reduce CO2 emission

As part of its long-term objective to significantly reduce CO2 emission in its operations, global logistics major DB Schenker has unveiled a new low-carbon city distribution center in Oslo. “The centrally-located new terminal will reduce CO2 emissions of city goods distribution by 80%, using electric cars and e-bikes. Oslo City Hub is part of Electric City, the Oslo district’s focus on activities associated with its status as European Green Capital 2019,” the company said in a press statement. The company is aiming to achieve zero emissions in all city distribution…

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Honda ‘Make-in-India’ CBR650R out of the assembly line

Honda Motorcycle and Scooter India has commenced the deliveries of its latest ‘Make in India’ sports middle-weight motorcycle CBR650R from Honda BigWing Gurugram (Haryana). Revealed at the 2018 Milan Motorcycle Show, CBR650R replaces CBR650F under Honda’s sports middle-weight line up drawn directly from Fireblade super sports style. The product has been priced at Rs.7.70 lacs (ex-showroom pan India) and according to a company statement, “the model has received a splendid response from the customers across the country.” Speaking on the launch, Yadvinder Singh Guleria, Senior Vice President – Sales and Marketing, Honda Motorcycle and…

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Foreign investors infuse $2.5 billion in warehouse centric investment platforms

According to a recently released report by credit rating agency ICRA, “the industrial warehousing segment has witnessed rapid growth in recent years due to healthy demand from occupants in sectors such as automotive manufacturing, third party logistics services and e-commerce. In addition, regulatory interventions such as implementation of the GST and infrastructure status accorded to the sector are also driving demand for large integrated warehousing parks. This has attracted foreign investors who are entering the sector through investment platforms with the mandate of investing in industrial warehousing parks across the…

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Last Mile To New Mile

CII Institute of Logistics is organizing conference on ‘Ecommerce Retail Supply Chain 2019’ around the theme of ‘Last mile to New mile’ on 30th May at The Lalit Hotel, Delhi. This conference aims to consolidate the developments in ecommerce logistics sector in past three years and attempts to crystal ball future. The technical sessions are packed with leading thoughts and attempt to capture current and future state of ecommerce logistics in the country. The sessions are: Master session: Last Mile to New Mile Ecommerce logistics – Trend setter in logistics services excellence Innovations in…

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