Hefty double-digit decline in cargo handling at major ports

COVID-19 disruptions and lockdowns caused major ports in  India to witness a continued fall in cargo handling. The cargo handling capacity of major ports registered a 18.06 per cent drop to 193.38 million tonnes between April and July this fiscal, reports indoasiancommodities… To read full report, please visit: Major ports’ cargo handling drops by 18% to 193 million tonnes in April-July, 2020  

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Kisan Rail for perishable transportation flagged off

Special Kisan Rail service, a promise made in this year’s budget to help farmers of perishable commodities find new markets, became a reality last week. Union Minister of Agriculture & Farmers’ Welfare Narendra Singh Tomar flagged off the inaugural run of ‘Devlali-Danapur Kisan Rail’ through Video Conference in the presence of Union Minister of Railways, Commerce & Industry Piyush Goyal. In order to serve the purpose of the farming community of the country, Kisan Rail will be trains with multi commodities, multi-consignors and multi consignees. These trains will run between…

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Jubilant FoodWorks introduces Ready-To-Cook products

Jubilant FoodWorks, one of the largest foodservice companies in India and master franchisee of Domino’s Pizza and Dunkin’ Donuts, recently announced its entry into the INR 500 Crore ready-to-cook segment with the launch of a new brand, ‘ChefBoss’. The ‘ChefBoss’ range of sauces and pastes includes eight different products across two types of cuisines (Indian and Chinese) and will initially be exclusively available for consumers across e-commerce portals. The online sale of products will shortly start with Amazon (National), Flipkart Supermart (NCR, Mumbai and Bangalore) and Milkbasket (NCR). The brand…

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Spoton Logistics claims returning to 90% normalcy

Spoton Logistics, a major emerging name in the road-express segment has claimed returning to almost 90 percent of pre-Covid business volume at the end of July. “The service provider has been delivering essential goods since the first lockdown imposed by the Government of India in March; with Pharma & Healthcare emerging as the top sectors. Despite the challenges resulting from the exodus of migrant workers, driver issues, and several administrative hurdles, the company effectively ensured business continuity for all its clients. As an essential service provider, Spoton Logistics facilitated the…

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Trade body launches Quit India campaign for Chinese suppliers

On the anniversary of Quit India Movement day last saturday, the Confederation of all India Traders (CAIT) initiated a China Quit India campaign by  holding a protest dharna at about 600 places across in different States of the country. The association urged the Government to urgently check growing imports from China.   It also demanded Chinese investment in various Indian companies and in start-ups, several digital apps  China’s stake in government projects and China’s construction machinery in various sensitive construction works, etc. to be put under government scanner and necessary…

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Blue Dart uses predictive logistics platform for Rakhi deliveries

With many people unable to travel to their homes due to lockdowns and many missing out on the celebrations while adhering to social distancing, Raksha Bandhan in the times of COVID-19 was way different this year. But express logistics major Blue Dart has claimed leveraging FarEye’s leading predictive logistics platform which resulted in timely, seamless, and contactless deliveries across the nation on the occasion of the popular festival. Rakhi packages constituted 11-12% of Blue Dart’s total retail store shipments. Using FarEye’s technology platform, Blue Dart made Rakhi deliveries all across…

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Singularity launches SecurePass for contactless entry

Bangalore based Singularity Automation has launched SecurePass which offers app based access control system for any facility. It is a state of the art technology to help companies achieve operational efficiency through effective usage of IoT. The company is credited with launching Smartphone based BLE technology driven IoT products such as Smart Locks in the past. “SecurePass is the security brand owned by Singularity Automation and provides a full stack access control system wherein the employees can use their smartphone to access any facility thus making it contactless compared to…

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MediaTek-Intel to bring 5G enabled next gen PCs

MediaTek has announced advances in its collaboration with Intel to bring 5G experiences to next-generation PCs with the successful development and certification of its 5G modem data card. MediaTek’s T700 5G modem, which will be used to bring 5G connectivity to Intel-powered PCs, completed 5G standalone (SA) calls in real world test scenarios. Additionally, Intel has progressed on system integration, validation and developing platform optimizations for a superior user experience and is readying co-engineering support for its OEM partners. MediaTek and Intel are both committed to delivering a superior user experience.…

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Jindal Stainless signs up Maersk to optimize exim trade flow

Jindal Stainless, India’s leading stainless steel manufacturer, has contracted container logistics major Maersk to optimise the flow of containerized exports and imports between JSL, Jajpur and Vizag Container Terminal (VCTPL). As per the terms of the contract, Maersk shall facilitate to and fro rail movement of containers between Vizag and Jindal Stainless Logistics Park (JSLP), a newly commissioned Inland Container Depot (ICD) located at Jajpur, Odisha. The first rake was flagged off on July 24. Commenting on this association, MD, Jindal Stainless, Abhyuday Jindal said, “Jindal Stainless Ltd is India’s…

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Mahindra Logistics report over 50% revenue drop in April-June quarter

The lockdown conditions during the larger part of the first quarter during the current fiscal is also reflecting in the first quarter results of leading firms in the logistics space. Mahindra Logistics, the 3PL arm of business conglomerate Mahindra Group, has reported a massive 54.39 percent drop in the revenue in the first quarter – Rs 410 crore as against Rs 899 crore in the same quarter last year. The consolidated loss of the company also slipped in negative territory – Rs 17 crore during Q1. As against this, the…

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