Disappointing February for air cargo operators in Asia Pacific

According to preliminary traffic figures for the month of February released recently by the Association of Asia Pacific Airlines (AAPA), there has been a steep double-digit decline in the air cargo business in the region. The cargo markets recorded major slump as demand in freight tonne kilometre (FTK) terms saw a double-digit fall of 11.9% compared to the same month last year. Weakness in export activity was driven by slower demand from major advanced and emerging market economies, including China. The fall in demand vis-à-vis the 1.2% contraction in offered…

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Adani Logistics acquires Innovative B2B

Last Thursday, Adani Logistics – the wholly owned subsidiary of Adani Ports and SEZ , announced acquisition of Innovative B2B Logistics Solutions which has strong clientle base in the metal industry primarily providing them services in the Eastern and Northern hinterland. B2B Logistics has been bought from the private equity firm True North valued at Rs 43.2 crore. The transaction will be completed by the end of the first quarter of FY 19-20.   Karan Adani, Chief Executive Officer and Whole Time Director of APSEZ said, “With this acquisition, ALL will…

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FSC to provide contract logistics services to fashion brand

Future Supply Chains Solutions (FSC), the logistics arm of retail major Future Group, has bagged a major multi-year contract from the noted fashion brand Benetton India.  to provide contract and express logistics services. As part of the deal, FSC will manage Benetton India’s supply chain requirements through their multi-customer distribution center. “We have been entrusted to manage their supply chain  requirements in India and driven by our extensive experience in the fashion & lifestyle category, we aim to bring several supply chain efficiencies leading to better inventory management and optimum…

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Coffee board initiates blockchain based marketplace

Commerce Secretary, Dr.AnupWadhawan, launched blockchain based coffee e-marketplace last week which would tend to integrate the farmers with markets in a transparent manner. The e-marketplace has been initiated on a pilot basis with the prime objective of reducing the number of layers between coffee growers and buyers and help farmers realize better price for their produce. The initiative is expected to help in creating a brand image for Indian Coffee through traceability in reducing growers dependency on intermediaries by having a direct access to buyers for a fair price for…

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UPS partners with Matternet for drone medical sample transport

UPS(NYSE:UPS) has announced a groundbreaking new logistics service to deliver medical samples via unmanned drones through a collaboration with Matternet, a leader in autonomous drone technology. The program is taking place at WakeMed’s flagship hospital and campus in the Raleigh, N.C., metropolitan area, with oversight by the Federal Aviation Administration and North Carolina Department of Transportation. The UPS and Matternet program represents a major milestone for unmanned aviation in the United States. Currently, the majority of medical samples and specimens are transported across WakeMed’s expanding health system by courier cars.…

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Honda exclusive dealership network touches four-digit mark

Honda Motorcycle & Scooter India (HMSI), the company which is credited to have revolutionized automated scooter business in the country, notched a major distinction recently when it opened its 1000th HEAD (Honda Exclusive Authorized Dealer) facility at Platinum Honda, Zirakpur (District Mohali), Punjab. The company has been on a major network expansion spree in the last five years adding a staggering 3300 new touch-points across the country. Commenting on the milestone,. Minoru Kato – President & CEO, Honda Motorcycle & Scooter India said, “Honda also fulfilled its commitment of providing…

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Zorambo aims to set up 200 outlets in four years

Zorambo, the emerging Caftaurant chain was formally launched through its first premium outlet at Central Plaza, Golf Course Road, Gurugram last week.  The company is reportedly pursuing an aggressive growth plan, which will see an expansion scaling to 200 outlets in India, UK, Ireland, Germany and Singapore over the next 48 months and plans to hit the 5000 mark by end of 2030 via distribution led model. Zorambo is aiming at consumers who want to discover Indian street food gastronomy with a twist of fusion in the convenience of a…

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Telangana govt initiates networking portal for MSMEs

The Government of Telangana has launched a MSME networking portal, Telangana State GlobalLinker (ts-msme.globallinker.com) to digitize over 2.3 million MSMEs of the state. Telangana State GlobalLinker will provide MSMEs – a digital profile (including an online product catalogue an eCommerce store); access to global networking opportunities to find buyers & suppliers; economies of scale on a wide range of business services; access to industry news, articles and discussions.  Commenting on this digital intiative, Jayesh Ranjan, IAS, Principal Secretary to Govt. (Industries and Commerce) said: “Digitization is going to be one of the game changers…

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Outsourcing logistics can be a key differentiator

Aditya Vazirani Director Robinsons Global Logistics Solutions The era of global marketplaces that are driven by speed, innovations, and customer centricity, demand that modern businesses enhance their focus on core competencies in order to survive and flourish. Typically, competency can be defined as one of the traditional functions such asproduction, engineering, sales, or finance, around which organizations were  formed in the past.  However, today competencies tend to be a set of skills that cut across traditional functions and drive the key differentiators for successful businesses. Logistics and Supply Chain is…

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“ We are well-positioned to win in every market”

In his first media interaction, Balfour Manuel, the new CEO of domestic air express major Blue Dart explains company’s future strategy to make a decisive mark in the B2C segment. Excerpts of an exclusive conversation with Ritwik Sinha…   My own understanding is: you have been entrusted with the responsibility of spearheading Blue Dart at a very crucial juncture when the broader mandate is to build major strength in B2C business. In your reckoning, how challenging is this objective? India is an exciting place to do business. Yet operating in…

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