Kuehne+Nagel, LATAM, Elite Group renew SAF commitment
Cargo Breaking News
by ritikaroraaa
13h ago
Kuehne+Nagel, the Elite Group, and a subsidiary of LATAM Group reached another joint agreement to reduce emissions associated with the air freight of flowers for Mother’s Day. “Together, the three companies procured 34,615 litres of sustainable aviation fuel (SAF) to transport more than 1.6 million flower stalks for this year’s peak season. The amount of SAF used on these flights helped to reduce around 55 tonnes of CO2 emissions,” says a release from Kuehne+Nagel. Yngve Ruud, Executive Vice President, Air Logistics,Kuehne+Nagel says: “It is crucial to drive actions in the industry that emphas ..read more
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Cargo-partner expands global air freight services from Amsterdam and Brussels
Cargo Breaking News
by ritikaroraaa
13h ago
Building on its existing consolidation services between Amsterdam and Asia and adding comprehensive air freight solutions to key locations in Europe, Asia, the Americas and South Africa, logistics provider cargo-partner has announced the expansion of its global air freight services from Amsterdam and Brussels airports. This expansion provides daily and weekly flights from key airports in Belgium and the Netherlands to destinations worldwide. Customers can choose from various service levels – ECONOMY, PRIORITY, and EMERGENCY – to suit their specific needs and delivery timelines ..read more
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Delhivery’s AI-powered RTO predictor helps in reducing cost
Cargo Breaking News
by ritikaroraaa
13h ago
Delhivery has enabled D2C brands by significantly reducing their cost of returns through its AI-powered RTO Predictor. The solution has already powered over 4,800 D2C brands, including Heads Up for Tails, Healthkart, W for Woman, and Be Minimalist. The RTO predictor introduced earlier this year is available for all D2C brands across all their sales channels, such as Shopify, WooCommerce, etc., regardless of the shipping partner they use to deliver orders. Brands can also integrate RTO prediction during the checkout stage and hide COD shipping or charge shipping fees for consignees with high re ..read more
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Emiza opens 125K sq ft warehouse in Mumbai
Cargo Breaking News
by ritikaroraaa
13h ago
Emiza, the provider of warehousing and last-mile services for over 150+ D2C and consumer brands across India, announced the opening of its 27th warehouse. Located in Mumbai, this state-of-the-art facility spans 125,000 square feet and is located in the industrial area of Bhiwandi in Thane, offering multiclient capabilities. The release reads, “This expansion underscores Emiza’s dedication to excellence in warehousing and fulfilment solutions, bolstering its logistical prowess. With this milestone, Emiza is on track to expand its network and increase managed square footage fivefold.” Ajay Rao ..read more
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DP World begins operations at Chennai’s Ftwz
Cargo Breaking News
by ritikaroraaa
2d ago
DP World announced the launch of operations at Integrated Chennai Business Park, the company’s free trade warehouse zone (FTWZ) at Manali, about 30 km north of Chennai. The Chennai facility is the company’s second FTWZ in India after the one in Mumbai, which is 18 months old, said Ranjit Ray, Vice President — Economic Zones, Middle East, North Africa, and Subcontinent. The third, inside the Kochi Port container terminal, which is operated by DP World, will be ready soon, he told mediapersons at the facility in Manali. Ray said that before Covid the company had announced an investment of about ..read more
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Global trade gains push air freight prices
Cargo Breaking News
by ritikaroraaa
2d ago
Preparation before flight. Loading of cargo containers to airplane at airport.Global air freight prices edged a little higher again, according to the latest data from TAC Index. The overall Baltic Air Freight Index calculated by TAC was up 2.1 percent for the week to May 6, leaving it now close to flat at -2.2 percent over the last 12 months. “The ongoing strength of the market follows recent predictions of an uptick in global trade from the OECD, IMF and World Trade Organization – and some sources anticipating tight capacity for peak season later this year,” says the update. Rates on the big ..read more
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IATA launches programme to support ground technologies
Cargo Breaking News
by ritikaroraaa
2d ago
The International Air Transport Association (IATA) aims to accelerate the introduction of enhanced ground support equipment (GSE) technologies into daily operations with a new programme. Presented at IATA’s Ground Handling Conference (IGHC) this week, the IATA Enhanced GSE Recognition Program recognises Ground Handling Service Providers (GHSPs) that are modernising their vehicle fleets. The programme encourages the installation of anti-collision systems on new and existing ground support equipment (GSE), to prevent expensive potential damage to aircraft on the ramp. The first ground handlers t ..read more
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Uttar Pradesh govt to invest Rs 45K crore to accelerate cargo movement
Cargo Breaking News
by ritikaroraaa
3d ago
The Uttar Pradesh (UP) government has earmarked nearly Rs 45,000 crore for investments in highways and tertiary roads in the current financial year 2024-25 (FY25). This move would expedite passenger and cargo movement in the state. These projects encompass bridges and over-bridges across the 75 districts of the state. Of the proposed Rs 45,000 crore, the public works department (PWD) will spend nearly Rs 34,000 crore, or 75 per cent. The remaining Rs 11,000 crore will be incurred on projects in the villages, tehsils, block headquarters, international/interstate border roads, roads in sugar mil ..read more
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UK leverages logistics support agreement to expand maritime cooperation with India
Cargo Breaking News
by ritikaroraaa
3d ago
The U.K. is leveraging a logistics support agreement signed with India to expand military to military engagements, especially in the maritime domain, as it also looks to augment its capability and deployments in the Indo-Pacific. A U.K. warship underwent essential maintenance for the first time in April at Larsen & Toubro’s (L&T) shipyard at Kattupalli as a Royal Navy Littoral Response Group-South (LRG-S) visited India. The logistics-sharing agreement allows for the provision of logistic support, supplies and services between the UK and Indian armed forces, for joint training, joint ex ..read more
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CMA CGM to reshuffle Africa-India-Middle East services
Cargo Breaking News
by ritikaroraaa
3d ago
CMA CGM announced the revamping of their India Middle East Gulf to and from South Africa, East Africa and Indian Ocean services. MIDAS 1Coega will be added to the MIDAS 1 rotation offering an optimised pathway for shipments through competitve transit times to Jebel Ali and India. The service will be tailored to enhance efficiency and meet the demand of the citrus season export. “MIDAS 1 will now be operated in 70 days with 10 vessels up to 5,700 TEU Nominal, starting with m/v CMA CGM KRIBI, ETA Coega on May 5th, 2024,” reads the release. The new rotation is: Jebel Ali – Mundra – Nhava Sheva ..read more
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