Ramkumar Govindarajan, Founder and CEO at Wiz Freight received the ‘Most Promising Start Up- Logistics’ Award at the recently held India Cargo Awards, India’s topmost supply chain awards which helps create a platform to recognise those behind the success of the cargo and logistics industry. Wiz Freight is a tech-enabled freight forwarding platform with deep expertise in supply chain business. Amrit Lal Meena, Special Secretary (Logistics), Union Dept of Commerce and Piyush Srivastava, Senior Economic Advisor, MoCa conferred the award on Govindarajan at Crowne Plaza, New Delhi.
Read More »Gross absorption in industrial, warehousing facilities up by 11% YoY
Activity in Grade A industrial and warehousing facilities continues to be robust during Q1 2022 with gross absorption in the top five cities at 6.2 mn sq feet, an 11 per cent increase from Q1 2021. The demand was led by heightened leasing in Delhi-NCR region and Mumbai. Vacancy across Grade A projects also declined during the quarter, indicating a healthy demand environment in the sector. Overall, the demand was steered by robust warehousing demand from third-party logistics players, amidst strong consumer demand across sectors. About 50 per cent of the gross absorption was led by third-party logistics players, followed by the Engineering and Automobile sectors with a share of 17 per cent and 12 per cent, respectively.
Read More »SPL, LOGOS sign MoU to develop logistics park
Shriram Properties Limited (SPL) and LOGOS have signed MoU for a potential sale of up to 90 acres of land in Shriram Grand City at Uttarpara, Kolkata, which will be developed into a warehousing and logistics park by LOGOS. The MoU for the proposed transaction was signed at the Global Investor Summit organised by Government of West Bengal at Kolkata and is subjected to necessary due-diligence and certain regulatory and governmental approvals that are customary to similar transactions. SPL is currently developing an integrated township project, ‘Shriram Grand City’ on a 314 acres of land parcel at Uttarpara in Kolkata.
Read More »FM Logistic inaugurates first owned Multi-Client Warehouse in India
FM Logistic has inaugurated its first owned Multi-Client Facility (MCF) in Farrukhnagar, Haryana. The newly inaugurated MCF is part of the five-year US$ 150 million investment plan the company announced in March 2019. Located on a 31-acre site, the modern facility will provide cutting-edge warehousing and handling, co-packing, distribution, e-commerce, and omni-channel services to cater to the dynamic demands of customers. The construction of this facility was supervised by NG Concept, the real estate sister company of FM Logistic. Jean-Christophe Machet, CEO of FM Logistic; Stéphane Descarpentries, Managing Director-Asia and Strategic Projects Director, and Alexandre-Amine Soufiani, Managing Director, FM Logistic India graced the occasion.
Read More »BLR Airport records growth in pax, cargo volumes
The Kempegowda International Airport, Bengaluru (BLR Airport) recorded the highest-ever cargo tonnage in financial year 2021-2022, despite challenging circumstances due to multiple COVID-19 waves. The BLR Airport processed an all-time high tonnage for a fiscal year since Airport Opening Day (AOD) of 411,513 metric tonnes (MT) of cargo, recording a growth of 26 per cent as against 326,643 MT in 2020-2021. International cargo recorded a 31 per cent growth, 271,988MT processed, as compared to 207,518 MT in 2020-2021. Domestic cargo grew at 17 per cent, with 139,525MT versus 119,125MT in 2020-2021.
Read More »Continental Carriers wins ‘Most Dynamic Freight Forwarder During Pandemic’ Award
Leading Indian freight forwarder, Continental Carriers was honoured with the prestigious ‘Most Dynamic Freight Forwarder During Pandemic’ Award at the recently concluded India Cargo Awards, India’s topmost supply chain awards which helps create a platform to recognise those behind the success of the cargo and logistics industry. Continental Carriers received the accolade for its outstanding performance, proficiency in handling air cargo during COVID-19 and its contribution towards the global logistics and air cargo industry. The award was conferred to Vipin Vohra, Chairman, Continental Carriers Group of Companies by Amrit Lal Meena, Special Secretary (Logistics), Union Dept of Commerce and Piyush Srivastava, Senior Economic Advisor, MoCa at Crowne Plaza, New Delhi.
Read More »Indian maritime leaders to participate in Sea Tech Week® 2022, France
Embassy of France in India is delighted to announce that India has been chosen as the country of honour for the upcoming Sea Tech Week® 2022, a global maritime event organised in France from 26-30 September 2022. Speakers from India have been invited to focus on greener and smarter shipping. The event will provide an opportunity to the two nations to work closely on their shipping, port management, logistics, and shipbreaking companies, shipyards, equipment manufacturers, and other maritime manufacturing industries. The event will give impetus to the bilateral roadmap on blue economy and ocean governance adopted by India and France and reinforce the scientific and academic programme Goa Atlantic Cooperation in Marine Science and Technology (GoAT) promoting mobility of students and researchers from Indian Institute of Technology in Goa.
Read More »Ahmedabad airport gets new cargo terminal
Sardar Vallabhbhai Patel International (SVPI) Airport in Ahmedabad gets a new cargo terminal which will boost import and export trade from the airport. The terminal has the capacity to handle 100 metric tonnes of cargo per day and 3,500 MT on average over a month when operated 24×7. “The cargo handling capacity at the airport, in addition to adding incremental cargo handling capacity to the airport’s cargo infrastructure, provides additional choice of service for the trade at the airport,” according to a statement issued by the airport operator Adani Airports Holdings Ltd, a subsidiary of Adani Enterprises Ltd. Limited. The statement added, “The infrastructure and proximity of the new terminal to both domestic and international passenger terminals may improve the service levels of cargo handling at the airport.” The terminal provides end-to-end terminal handling services encompassing cityside handling, security functions, storage, terminal processing, and airside handling, under supervision to ensure the safety of cargo.
Read More »Wiremind’s air cargo business unit becomes official subsidiary: Wiremind Cargo
In November 2021, Wiremind launched Wiremind Cargo, a dedicated air cargo business unit, headed by Nathanaël de Tarade, CEO and Etienne Corbillé, CTO. Created in 2014, Wiremind is a leading French company providing revenue optimisation and inventory management software solutions for transport, logistics and events sectors. “Over the past months, we have structured Wiremind Cargo as a separate business entity, and established a team of experts dedicated to the needs of the air freight industry. Our engineers have a background in transport and logistics, and are well-versed in how airlines, GSAs, GHAs and freight forwarders operate,” said Tarade. Wiremind’s flagship air cargo product, SkyPallet, a ULD and Flight Optimisation system launched in 2017, is now wholly managed by Wiremind Cargo.
Read More »Celebi wins ‘Best Air Cargo Terminal Operator’ Award at India Cargo Awards
Celebi Delhi Cargo Terminal Management India was presented with the prestigious ‘Best Air Cargo Terminal Operator’ Award at the recent India Cargo Awards, India’s topmost supply chain awards which helps create a platform to recognise those behind the success of the cargo and logistics industry. The award was conferred to the team by Amrit Lal Meena, Special Secretary (Logistics), Union Dept of Commerce and Piyush Srivastava, Senior Economic Advisor, MoCa at Crowne Plaza, New Delhi. Celebi Delhi Cargo received the accolade for its outstanding performance in air cargo services, and to acknowledge its significant contribution to the industry as well as its proficiency in handling air cargo during COVID-19.
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