Cost and speed top priorities for logistics sector, says report

Logistics prioritize cost, speed for last-mile delivery. Last-Mile Trends Report 2024 shows shift to cost, speed priority. CEO predicts 30% urban drone deliveries. 80% supply chain leaders prioritize cost measurement.

Workers’ protest at Adani’s Gangavaram Port disrupts coal supply to RINL’s Visakhapatnam plant. RINL deploys strategies like diverting ships, availing commodity loans, and calling global tenders to mitigate disruptions and ensure operational continuity.

In a circular dated April 10, 2024, the Directorate General of Shipping (Mumbai) advised ship managers, ship masters and seafarers to enhance the mechanism for reporting and tracking maritime activities to safeguard the interest of merchant ships and their crews.

Government issues ship security advisories for West Asian routes. Vessels required to enhance reporting, tracking protocols in sensitive zones like Persian Gulf, Strait of Hormuz, Gulf Of Oman, Arabian Sea, and more. Contact Indian Navy in security incidents.

Iran’s escalated tensions with Israel through a drone and missile attack have raised concerns in the global maritime industry, causing supply chain disruptions and potential shipping route blockages. The possibility of a Persian Gulf shutdown looms, impacting shipping costs and trade dynamics. Efforts are underway to defuse tensions and maintain supply chains amidst the crisis.

TVS Supply Chain Solutions Ltd has successfully delivered five lakh completely knocked down kits to TVS Motor Company from its warehouse in Hosur, Tamil Nadu. Managing Director Ravi Viswanathan highlighted the achievement, attributing it to the company’s digital capabilities and value-added services. The facility ensures defect-free dispatches and employs 200 people, including 30 women.

Kolkata Port, a 154-year-old port, reported a profit of Rs 501.73 crore in FY’24, a 65% increase from the previous fiscal. The port’s net surplus was Rs 304.07 crore, and it handled an all-time high of 66.4 million tonnes of cargo in 2023-24. The port’s growth was attributed to strategic initiatives to enhance productivity, safety […]

Ketan Kulkarni appointed as Allcargo Group’s Chief Growth Officer to empower flagship businesses, enhance partnerships, and drive synergistic growth by leveraging the existing network for higher market share and operational efficiency.

Paradip Port in Odisha has become India’s largest major port in terms of cargo volumes, handling 145.38 million tonnes in FY24, surpassing Deendayal Port Authority in Gujarat for the first time in its 56-year history. The port achieved record coastal shipping traffic and thermal coal shipping, driven by improved operational efficiency.

The company announced that it achieved its highest ever monthly cargo volumes, exceeding 38 MMT in March 2024. Ten of APSEZ ports and terminals handled record cargo volumes- Mundra 180 MMT, Tuna 10 MMT, Hazira 26 MMT, Mormugao 5 MMT, Karaikal 12 MMT, Ennore 13 MMT, Kattupalli 12 MMT, Krishnapatnam 59 MMT, Gangavaram 37 MMT […]