Amazon to help export ‘Made in India’ goods worth Rs 70000 crore in 5 years: Jeff Bezos. Consul general of Norway visits JNPT to explore cooperation with Port of Oslo. Bengaluru Airport becomes first in the country to own aircraft recovery kit. Asia-Pacific bears sharpest drop in November 2019 air freight demand: IATA. Kale Logistics partners with Taiwanese customs clearance platform developer Trade-Van. Future Retail and its brands will be now available in Amazon.in. Supplychain fintech CredAble wants to raise $20 mn by Sept 2020. China chooses Delhi Airport as exclusive transshipment centre in India. Adani acquires 75% stake in Krishnapatnam Port for Rs 13,500 crore. BVC Clearance wins GJEPC’s best customs broker award.
News on discontinuation of MEIS from January false: FIEO President. Reliance’s online grocery Jiomart soft-launched in Mumbai suburbs. APM Terminals Mumbai handles 2 million TEUs for second consecutive year. India may allow 100% FDI in aviation by February 2020. IndoSpace launches three new logistics parks in Gujarat, Andhra & Haryana. Dachser rolls out logistics software Othello at all 15 branches in India. Indian Railways to invite bid for 150 private trains soon. India to release e-commerce policy by March 2020. Grofers ties up with online truck booking venture Mavyn Logistics. Air freight trade in Asia Pacific and Middle East declined 4% in October: ACI. Maersk to bet on land logistics with bolt-on acquisitions. Adani enters cold chain logistics by acquiring 40.25% of Snowman. Suresh N. Borkar takes charge as vigilance executive director of AAI. Alibaba to invest in logistics startup XpressBees again. Union Cabinet ends departmentalism in Indian Railways to speedup decision making.
Andhra Pradesh proposes 3437-acre, Rs10,000-crore port at Ramayapatnam Hiranandani – Blackstone JV to invest Rs2500 crore for 12 million sq ft warehousing. Delta Air Lines launches first nonstop Mumbai - New York flight. Three grounded SpiceXpress B737 freighters back in skies. Etihad Cargo bags IATA CEIV certification for perishable logistics. Gandhi Automations bags warehouse & logistic innovation award of WASME.
Jabil India leases manufacturing and assembly space at IndoSpace Ranjangaon. Gateway Distriparks sells second Chennai CFS to Team Global for Rs48.41 crore. Harjeet Kaur Joshi takes charge as first-ever woman CMD of SCI. Kuehne + Nagel ascends to German alliance for climate change. Delta to re-enter India with non-stop daily New York– Mumbai service. DLDS launches container tracking service at Kamarajar Port. Kale Logistics’ cargo community system goes live at Atlanta Airport. Air Seychelles to fly daily to Mumbai in summer 2020. Maersk revamps “Captain Peter” with advanced and chargeable features. UiPath names KGISL as first diamond partner in Asia.
Air India Cargo carries 40 tons of solar equipment in Mumbai-Nairobi Dreamliner 787. JDA Software opens new 1.6 lakh sq. ft. office in Hyderabad. ODCs require 20-25 docs to get customs clearance: Biju Thomas at CII EXCON 2019. Richard Branson in Mumbai; meets CM to speed-up hyperloop, launches new flight to city. Alstom India to double capacity from 240 to 480 cars at Sri City factory : Alain Spohr.
GoAir adds 22 new flights to its winter schedule. Nippon Express acquires 22% stake in FSC for Rs 641 crore. Hindalco launches lightweight, tonnage-increased, all-aluminium freight trailer. Ecom Express gets $36 mn equity investment from UK govt's CDC Group. Walmart and Flipkart invest in agri-tech supply chain startup Ninjacart. Jet Airways shutdown impacted sentiments of air cargo movements: Manoj Singh, MIAL. New Saturday-train from CONCOR’s Ludhiana ICD to JNPT.
Logistics policy has included most of the suggestions from industry: special secretary. Sichuan Airlines Cargo launches weekly-twice freighter service via Mumbai. United Airlines launches daily-nonstop Boeing 787-9 Dreamliner to Delhi. Flipkart’s investment in Shadowfax to increase its shipments to 100 mn per month. Blog : Truck drivers and their changing ecosystem in logistics sector.
Maersk’s OceanPro unveils second cohort of AI, ML-based Indian start-ups. India only country with positive trade outlook out of seven big economies: DHL’s AI. JDA appoints Umesh Gaur as India MD and Vinok Sequeira as SVP for Asia-Pacific. Air cargo industry gathers at Cape Town for ‘Clear View 2019’ 500 electric cabs of ‘Evera’ to hit Delhi roads this month.
Bengaluru becomes first airport in India to have independent parallel runways. Allcargo Logistics buys stake in Gati to enter B2C logistics. Sichuan Airlines launches freighter service to India for the first time. 4th edition of Auto SCM Summit concludes in Pune with a dream of technology-enabled trust and collaboration. PSA acquires 50% stake in Indian logistics hub from CMA CGM. Kale Logistics partners with IT division of Khimji Ramdas. BVC Logistics to be IPO ready in 30 months. Zurich Airport wins bid for second airport in Delhi. DLDS launches container tracking service at Paradip and Mormugao ports. Emirates appoints Jabr Al-Azeeby as new India vice president. Airtel acqui-hires logistics start-up Quikmile. First-ever direct service from South East India to North Europe starts voyaging from Vizag.
Tesla Cybertruck got 2.5 lakh pre-orders in just five days. Golden quadrilateral to get automatic train protection soon: Railway Board Chairman. Allcargo Logistics join hands with ONE Line to transport containers to Nepal. Talk to industry and attract new freight traffic for Railways: Piyush Goyal to all GMs. Bolloré Logistics India & CFM sign contract for engine transportation. Vistara to install MRO software AMOS into its entire fleet. Dr Stéphane Graber to be new FIATA director general at its new HQ in Geneva. Bengaluru Airport handled 41,444 kg Marigold to make world’s largest flower carpet in Dubai. SpiceJet signs its first-ever codeshare agreement with Emirates. JSW commissions new terminal at Paradip port that can handle 1 lakh tonnes iron ore every day. Virgin Atlantic Cargo to fly second daily-Boeing 787 in London-Delhi route. Gateway Rail to run weekly train from Haryana to PSA Mumbai. Rs13,308 crore spent on major ports in three years: Mansukh Mandaviya.
JLL India ventures into Port, Airport and Global Infrastructure (PAGI) Govt to sell stake and transfer control of 5 PSUs including SCI, CONCOR and BPCL. DP World Sokhna expansion nears completion; celebrates 10th anniversary. SpiceJet, Gulf Air sign MoU for coordinated cargo service. GRSE delivers warship ICGS Amrit Kaur to Indian Coast Guard. Bengaluru Airport records 70% increase in coriander leaves cargo. FROM MAGAZINE: Connecting India with multi-modal logistics. FROM MAGAZINE: Looking beyond IMO’s global sulphur cap. FROM MAGAZINE: Building operational and technical competencies. FROM MAGAZINE: Toxic slowdown in auto sector, EVs to disrupt the market. FROM MAGAZINE: 'By 2020 our target will be 50 percent revenue from exports'