Shipping industry seeks UN help after MSC Aries seizure
ITLN - Indian Transport & Logistics News
by Our Correspondent
10h ago
The global shipping industry has called upon the United Nations for enhanced coordinated military presence, missions and patrols to protect seafarers against any further possible aggression following the seizure of MSC Aries by Iranian forces, 50 nautical miles north-east of Fujairah, United Arab Emirates, on April 13, 2024. "The incident has once again highlighted the intolerable situation where shipping has become a target. This is unacceptable," says the letter addressed to António Guterres, Secretary General, United Nations. "We have seen a worrying increase in the attacks on shipping. Sh ..read more
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Mahindra Logistics launches community centre for skill development
ITLN - Indian Transport & Logistics News
by Our Correspondent
14h ago
Mahindra Logistics, an integrated logistics solutions provider, has launched its first Community Centers of Excellence (CCoE) in Bhiwandi to address the shortage of skilled workers in the logistics sector. Mahindra Logistics plans to launch CCoE nationwide in partnership with the Logistics Skill Council, a not-for-profit organisation set up by the Ministry of Skill Development & Entrepreneurship. These centres will provide beneficiaries with skill development training and certification in warehousing, transportation, and other supply chain operations while generating employment opportunit ..read more
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Unravelling the logistics of the world's biggest election
ITLN - Indian Transport & Logistics News
by Rajarshi Chatterjee
16h ago
As India begins its highly anticipated general elections 2024, starting today, the logistical machinery behind orchestrating this democratic spectacle is a testament to meticulous planning and coordination. The Election Commission of India (ECI) has set out to facilitate the participation of 969 million registered voters spread across 28 states and eight union territories, with 18 million first-time voters. The ECI is striving hard to maintain the transparency and efficiency of the electoral process while accommodating such a massive number of voters. It is worth mentioning that 969 million v ..read more
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Zepto offered $2bn by Flipkart, says "No"; plans fundraise at $2.5bn
ITLN - Indian Transport & Logistics News
by Jyothi Shankaran
16h ago
 Zepto, India's only unicorn of 2023 and a leading player in the quick commerce market, was offered nearly $2 billion (over Rs 16,000 crore) for a majority stake in the company by Walmart-owned Flipkart. Zepto founders Kaivalya Vohra and Aadit Palicha (who started the company as Kiranakart in 2020) said "NO", and are instead in the markets for a fresh round of funding at a valuation of around $2.5 billion (Rs 21,000 crore). Flipkart was clear it wanted a large shareholding with the founders running the company, The Economic Times reported. “Flipkart didn’t want to strike a deal which wou ..read more
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Los Angeles, Long Beach ports finish Q12024 with volume gains
ITLN - Indian Transport & Logistics News
by Our Correspondent
1d ago
The Port of Los Angeles handled 743,417 container units in March, a 19 percent increase over the previous year. It was the eighth consecutive month of year-over-year growth at the port, says an official release. "For the first quarter ending March 31, local dockworkers moved 2,380,503 TEUs across Los Angeles marine terminals - nearly 30 percent more than 2023. It was among the port’s best first quarter starts, behind only the pandemic import surge in 2021 and 2022." Gene Seroka, Executive Director, Port of Los Angeles says: “Moving into April and the second quarter, I expect robust cargo flow ..read more
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ONE to offer green shipping solution LEAF+
ITLN - Indian Transport & Logistics News
by Our Correspondent
2d ago
Ocean Network Express (ONE), a leading global shipping company, announced the launch of its reduced emissions shipping service – ONE LEAF+, designed to meet the shared decarbonisation aspirations of the shipping industry. "ONE LEAF+ offers customers the opportunity to proactively manage their own emissions and minimise environmental impact across the value chain," says an official release. ONE LEAF+ factsheet ONE LEAF+ stands for low emission-able freight. The “+” symbolises the advancement that ONE anticipates from decarbonising the supply chain. To calculate our customer’s existing emis ..read more
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Lufthansa Cargo puts spotlight on its roadmap on Supply Chain Day
ITLN - Indian Transport & Logistics News
by Our Correspondent
2d ago
Lufthansa Cargo has invited interested parties to visit the Lufthansa Cargo centre in Frankfurt, the airline's main hub for cargo, for a behind-the-scenes look on Supply Chain Day, April 18. Frankfurt Airport is a key hub in Europe, handling up to 20,000 tonnes per week. To continue supporting companies in participating in global trade amid growing industry demands, Lufthansa Cargo primarily relies on digitalisation and innovative measures, mentions the official release. "Air freight remains a growth market, and the stable supply chains we can provide are indispensable," explains Thomas Rohrm ..read more
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World Shipping Council appoints Joe Kramek as President & CEO
ITLN - Indian Transport & Logistics News
by Our Correspondent
2d ago
 The World Shipping Council (WSC) has appointed Joe Kramek as President & CEO to succeed John Butler upon his retirement at the end of July. Kramek brings a wealth of experience and expertise to his new role, from both the maritime sector and government service, says an official release. "Before stepping into the position of President & CEO, Kramek served as WSC's Director of U.S. Government Relations. His professional journey includes 28 years as a commissioned officer with the U.S. Coast Guard where he spent time at sea and as the Chief of Maritime, International, and Environme ..read more
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TVS SCS earns John Deere Partner-level supplier recognition
ITLN - Indian Transport & Logistics News
by Our Correspondent
3d ago
TVS Supply Chain Solutions Limited, a major player in global supply chain solutions, announced that its subsidiary, TVS SCS North America has achieved Partner-level status in John Deere's 'Achieving Excellence Programme' for 2023. This is the highest recognition given by Deere & Company to its suppliers. TVS SCS North America earned this honour for delivering top-quality products and services and consistently striving for improvement. The 'Achieving Excellence programme' assesses suppliers each year across various essential areas like quality, delivery, process alignment, value creation ..read more
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Honda to open spare parts warehouse facility in Bengaluru
ITLN - Indian Transport & Logistics News
by Our Correspondent
3d ago
Honda will be opening its state-of-the-art spare parts warehouse facility in Doddaballapura near Bengaluru, Karnataka. Managed by Honda Cars India, the facility will support the spare parts operations for all Honda businesses including Honda Cars India, Honda Motorcycle & Scooter India and Honda India Power Products, according to an official release. The warehouse is located in proximity to Bengaluru International Airport, Bengaluru City Region and Honda two-wheelers manufacturing plant. In the first phase, 60,000 sq. m. of plot area will be developed including a covered space of 25,000 s ..read more
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