APSEZ, Gujarat sign MoU for 1,450-acre logistics park close to Sanand. Turkish Cargo expands air cargo market share by 5% in May. Essar Ports handles 75% more cargo in June compared to April. APM Terminals Pipavav handled 186k TEUs & 622 trains amid lockdown. CMA CGM Group reinforces Singapore as its Asia-Pacific regional hub. Enormously challenging situation, Hapag Lloyd ends India Gulf Service 2. DB Schenker unveils dedicated logistic service for battery transport. Welspun One to built 900 cr, 110-acre, Grade-A logistic park at Bhiwandi. Emirates to operate scheduled cargo flights to 100 cities in July.
Saudia carried 75,000T vital cargo in 1500 flights amid Covid-19. Saudia carried 75,000T vital cargo in 1500 flights amid Covid-19. Prama Hikvision launches warehouse monitoring technology AcuSense. SpiceJet lifts 58T perishables on June 6, operates 78 flights in 2 days. Cathay Pacific launches WhatsApp chat customer service in India. Sodium-ion cell maker Faradion in India partners with Infraprime Logistics. Snowman Logistics posts Rs 240 crore revenue for FY 2019-20. IndiGo appoints Dr Venkataramani Sumantran as Independent Director. Port of Hamburg reports on ship handling delays and situation in India. India signs $177 mn loan deal with ADB to improve roads in Maharashtra. FarEye increases manpower by over 12% amid lockdown.
Diversified bases, local inventories, e-commerce & low-cost tech key for robust supply chain: CBRE. DGCA permits SpiceJet to conduct drone trials in India. Maersk offers end-to-end cold chain for citrus exporters in Pakistan. Flipkart & Vishal Mega Mart join hands to deliver essentials in 26 cities. Kuehne + Nagel expands logistic platform to Singapore; plans to add India.
Adani withdraws from its deal to acquire Snowman from Gateway. JNCH extends port gate to ICD Mulund and ICD Tarapur to ease evacuation from JNPT. After Hyderabad, Mahindra Logistics launches 24x7 free emergency cabs in Kolkata. Indian flights lift 108 tonnes vital medical cargo on April 11 to fight Covid-19.
Air India considers using passenger cabins of grounded flights to move cargo. Coronavirus: AAPA calls govts to provide financial support to crisis-hit Asian aviation industry. Online trucking platform Mavyn recorded 300% business growth in 2019. FedEx Express MEISA president signs Women's Empowerment Principles of UN. Coronavirus: Etihad Cargo increases freighter services to capacity-constrained markets. Vistara’s new 787-9 Dreamliner to fly from Delhi to Mumbai on March 19.
Snowman to help Amazon deliver perishables in Mumbai. NCLT approves Adani’s 650 crore bid to acquire Dighi Port. India’s 12 operational National Waterways carry 72.31 MT cargo per year: Mansukh Mandaviya. Coronavirus: Cotton industry suffers as China accounted for one-third of exports. Allcargo set to acquire up to 46.83% equity stake in Gati after SEBI approval. Tuticorin Port registers 9.51% traffic increase in 2019-20.
Tuticorin Port registers 9.51% traffic increase in 2019-20. APM Terminals Pipavav meets customers in Mumbai & Delhi to introduce new MD. Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI. Coronavirus: IATA postpones world air cargo symposium to 2021. Coronavirus: IATA calls out for global suspension of slot rules. All you need to know about India’s first Boeing 787-9 Dreamliner by Vistara. Ports must be smart, sustainable and safe while aiming for global standards: Mansukh Mandaviya. Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA.
Maersk now moves grapes directly from Nashik and Sangli to Europe in just 20 days. Virgin Atlantic Cargo to fly between Manchester & Delhi for the first time from October. Spicejet’s dedicated cargo service to boost shrimp business. Mumbai Airport opens world’s largest and fully automated Export Cold Zone. DHL Express to add six new Boeing 777 freighters to its fleet in 2020. DHL Express to add six new Boeing 777 freighters to its fleet in 2020. Six things you need to know about how Bengaluru airport transports perishables. Dedicated Freight Corridor projects to consume 17 MT of steel in the next 5 years: DFCCIL. Coronavirus: Find out how much Indian pharma is exposed to Chinese Imports. Coronavirus: IATA predicts $27.8 billion revenue loss for Asia-Pacific airlines in 2020.
French airport operator Groupe ADP to acquire 49% of GMR airports. India needs more free trade warehousing zones with big logistic investments: N Sivasailam. Coronavirus: Read how much Indian automotive supply chain is exposed to China. Blume Global opens new Asia-Pacific regional office in Hong Kong. A.P. Moller - Maersk registers 14% EBITDA increase to $5.7 billion in 2019. Read how novel coronavirus will affect Indian shipping and ports negatively. India accounted for 64% of Asia’s cargo theft in 2019: BSI & TT Club report. Russian President Vladimir Putin headed fund shows interest in Jet Airways. Air Cargo India 2020: digitization key to remain competitive, says Niranjan Navaratnarajah. JNPT renews MoU with Antwerp Port Training Centre to train maritime professionals.
Amid coronavirus, Emirates SkyCargo reports strong demand from China. TVS Supply Chain Solutions appoints TCS veteran Ravi Viswanathan as new joint MD. All you need to know about Etihad Airways' 15 years of flying to India. Concor to begin international operations by end of February 2020. Find out the 10 upcoming start-ups shortlisted by Shell India for incubation. Read why CMA CGM is teaming up with this former race boat. Read why CMA CGM is teaming up with this former race boat. Snapdeal opens new 15 warehouses inside factory clusters across 10 metro cities. APM Terminals Pipavav showcases spices handling capabilities. Tiger Logistics registers 56% profit decline in Apr-Dec 2019.
Adani to take-over Ahmedabad, Lucknow and Mangaluru airports for 50 years. TIACA launches specialized events series 4Cargo for airports, sustainability & drones. Allcargo Logistics registers 7.1% profit increase in 2019. Virgin Atlantic Cargo to fly between Manchester & Delhi for the first time from October. Virgin Atlantic Cargo to fly between Manchester & Delhi for the first time from October. DHL Express to add six new Boeing 777 freighters to its fleet in 2020. Source…www.itln.in February 24, 2020: The international express service provider, DHL Express is receiving six new Boeing 777F-200 cargo aircraft this year.
The first of these planes to come in 2020 landed last Thursday at its future base of operations, the Cincinnati/Northern Kentucky International Airport (CVG). In 2018 DHL ordered 14 new Boeing 777F, with four delivered in 2019, six to come this year and the remaining four to be taken into service in 2021. The current freighter will be operated by DHL Express’ partner airline Kalitta. The renewal is part of the overall modernization of the long-haul intercontinental fleet of the courier company and replaces older planes. “We’re excited to welcome more Boeing 777Fs to the DHL Express family this year,” says John Pearson, CEO, DHL Express. In the centre of its Strategy 2025, DHL Express focusses particularly on ‘E-commerce’ as a growth driver and ‘efficiency’ for further increasing its profit.
Six things you need to know about how Bengaluru airport transports perishables. Source…www.itln.in February 24, 2020: Time always plays a critical part in perishable logistics – to ensure that products reach their destination while still offering the same freshness, quality and appeal for consumers.
Read six facts on how the Kempegowda International Airport, Bengaluru (KIAB or BLR Airport) is making a difference by committing itself to enable faster and seamless processing of cargo shipment. 1. 2 Terminal operators and 15 freightersPowered by superior logistics and backed by two reputed cargo terminal operators – Air India SATS and Menzies Aviation Bobba Bangalore- BLR Airport and supported by 15 freighters connecting global destinations. 2. 3. 24-hour delivery promiseAll farm-fresh commodities such as Mango, Capsicum, Baby Corn, Papaya, Sweet Corn, Pomegranate, Chilly, Gourds, Cabbage, Cauliflower, exotic vegetables such as Zucchini and Celery reach their destinations within 24 hours of harvest. 4. 5. 6.
Coronavirus: IATA predicts $27.8 billion revenue loss for Asia-Pacific airlines in 2020. Source…www.itln.in February 22, 2020: The International Air Transport Association (IATA) released its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) on Thursday which predicted a $27.8 billion revenue loss in 2020 for carriers in the Asia-Pacific region.
The bulk of which would be borne by carriers registered in China, with $12.8 billion loss in the China domestic market alone. French airport operator Groupe ADP to acquire 49% of GMR airports. Source…www.itln.in February 21, 2020: GMR Infrastructure (GIL) signed a share purchase agreement on Thursday by which Groupe ADP will hold 49% stake in GMR Airports (GAL) for an equity consideration of Rs 10,780 crore, valuing GAL at the Base Post Money Valuation of Rs 22,000 crore.
As per 2019 passenger statistics, the combined passengers handled by GMR Airports and Groupe ADP stands at 336.5 million, the highest across the world. This equity consideration comprises of:• Rs. 9,780 Crore towards the secondary sale of shares by GMR group; and• Rs. 1,000 Crore equity infusion in GAL. GM Rao, chairman, GMR Group said, “The partnership with Groupe ADP is in line with GMR’s business direction to become a global airport developer and operator. We have been on a journey of defining airports of the future with key focus on passenger experience by leveraging enhanced technology and offering superior amenities. GMR Group will receive Rs 5,248 crore immediately. Russian President Vladimir Putin headed fund shows interest in Jet Airways. Source…www.itln.in February 19, 2020: Far East Development Fund, the Russian government-backed financing institution and chaired by Russian President Vladimir Putin, in consortium with Indian Enso Group showed their interest in bidding for the bankrupt Indian airlines Jet Airways.
“The Russian government-owned fund met lenders over a video-conference and proposed synergizing Jet’s operations with Russia’s flagship carrier, Aeroflot,” reported Financial Express. Far East Development BankThe fund was established in November 2011 by the decision of the supervisory board of Vnesheconombank, chaired by the Russian president.
“The fund facilitates the inflow of investments to the Far East and Baikal region by providing preferential financing and long-term financing of prioritized investment projects in various industries such as infrastructure, upstream and downstream production of minerals, support of SMEs and agriculture,” says the website. Spicejet’s dedicated cargo service to boost shrimp business. Spicejet’s dedicated cargo service to boost shrimp business. Mumbai Airport opens world’s largest and fully automated Export Cold Zone. Mumbai Airport opens world’s largest and fully automated Export Cold Zone. TVS Supply Chain Solutions appoints TCS veteran Ravi Viswanathan as new joint MD. Amid coronavirus, Emirates SkyCargo reports strong demand from China.
Amid coronavirus, Emirates SkyCargo reports strong demand from China. TVS Supply Chain Solutions appoints TCS veteran Ravi Viswanathan as new joint MD. TVS Supply Chain Solutions appoints TCS veteran Ravi Viswanathan as new joint MD. TVS Supply Chain Solutions appoints TCS veteran Ravi Viswanathan as new joint MD.