Adani Ports and Special Economic Zone has announced the appointment of Niraj Bansal as CEO- Ports, effective from June 1, 2026. He will take over from Pranav Choudhary, who is stepping down from the position at the end of May. Bansal brings nearly three decades of experience in the ports, logistics, and infrastructure sectors. Before joining the Adani Group in 2022, he saved as Chairman-in-Charge of Jawaharlal Nehru Port Authority (JNPA), where he played a key role in improving cargo handling and port operations. Since joining Adani Ports, Bansal has held several senior leadership positions, including CEO of Hazira Port and CEO for new port project development in Maharashtra. He has been actively involved in operational expansion, infrastructure development, and strategoic growth initiatives across the company’s port network. The appointment comes at a time when Adani Ports continues to strengthen its presence in India’s maritime and logistics sector through capacity expansion and integrated supply chain solutions. Follow CARGOCONNECT for more such updates.
The diversification process by Apple continues to progress as India becomes one of the centers for manufacturing operations. Based on an analysis by Smart Analytics Global (SAG), the percentage share of Indian manufacturing of iPhones has increased from 14% in 2024 to 23% in 2025 and further to 28% by 2026, whereas China’s share has decreased from 83% to 74% within the same timeframe. As Apple continues to lower its reliance on China, India is all set to emerge as the major assembly hub for 28 percent of all iPhones exported around the world by 2026, compared to just 23 percent in the prior year. This change is due to the company's overall strategy of spreading its manufacturing operations in order to mitigate potential tariff risks and geopolitical risks, in addition to creating a more flexible manufacturing network beyond China. Based on the estimates of Smart Analytics Global (SAG), China's share in global iPhone production dropped from 83% in 2024 to 74% in 2025, while India's share increased from 14% in 2024 to 23% in 2025. Estimates provided by another market research firm, Counterpoint Research, indicate that India's share in global iPhone manufacturing could increase to approximately 26% in 2026 from 23% in 2025. As per SAG, “India will account for the manufacture of 28 percent of iPhones shipped globally in 2026, rising from 23 percent in 2025. This growth will be fueled by the ongoing diversification of Apple outside China and capacity build-up at existing manufacturers in India like Tata Electronics,” said Abhilash Kumar, an analyst at Smart Analytics Global. According to Tarun Pathak, research director at Counterpoint Research, “Apple's manufacturing partners have substantially increased their manufacturing capacities and assembly lines in India. They have also diversified their product portfolio made in India.” He further stated that the increase in manufacturing capacity of Tata Electronics is another factor aiding the growth. Apple has managed to localize production substantially in India through manufacturers like Foxconn and Tata Electronics. The recent takeover of Wistron and Pegatron in India by the Tata Group represents a huge step forward in Apple’s localization efforts in India. At present, India is assembling a larger number of iPhones, even the latest versions, and has become an important source of exports, targeting countries like the US and European nations. Over the past five years, Apple has manufactured iPhones worth almost $70 billion in India using its PLI scheme, where around $51 billion, or almost 73% of all iPhones manufactured, were exported from India. Moreover, iPhones have become the most exported goods from India during the previous financial year. India has become the biggest beneficiary of Apple’s changing supply chain. From initially assembling iPhones on a smaller scale, it has grown to become a manufacturing cluster for iPhones through government incentives, increased manufacturing capabilities, and the growing presence of suppliers. Several of the most important suppliers and manufacturers for Apple are still highly entrenched within China, allowing the country to enjoy an unrivaled capacity and adaptability when it comes to managing mass-scale productions and product shifts. For more such news and updates, visit CARGOCONNECT.
Brussels Airport reported a 6.2 percent year-on-year increase in cargo volumes in April 2026, underlining the airport’s growing role as a key European air freight and logistics hub amid resilient global trade demand. Total cargo throughput reached nearly 74,000 tonnes during the month, supported by strong growth in full freighter operations and express cargo services. The increase comes despite ongoing disruptions in parts of the Middle East aviation market, which affected belly cargo capacity on passenger routes. According to airport data, full freighter traffic recorded one of the strongest performances, rising more than 23 percent, particularly on Asia-focused routes. Express cargo volumes also expanded, reflecting continued demand from e-commerce and time-sensitive supply chains. However, belly cargo transported on passenger aircraft declined due to reduced flight frequencies on certain international sectors. The April performance extends Brussels Airport’s positive cargo momentum seen since the start of 2026. In February, the airport handled 63,050 tonnes of cargo, up 6.5 percent year-on-year, while January volumes increased 3.5 percent to 61,485 tonnes. Growth has been consistently driven by integrator services, belly cargo demand and improved trucking activity across Europe. Industry analysts note that Brussels Airport continues to strengthen its position as a multimodal cargo gateway connecting Europe with Asia, Africa and North America. The airport has particularly benefited from growth in pharmaceutical shipments, express logistics and cross-border e-commerce flows. Its cargo community strategy and investments in digitalisation and infrastructure are also helping attract additional freight operators and logistics providers. The latest figures build on a strong 2025 performance, when Brussels Airport handled approximately 795,000 tonnes of cargo, an increase of 8.5 percent over the previous year. Airport officials attributed that growth to higher express shipments, expanding belly cargo volumes and resilient international trade activity. As global supply chains continue to diversify and air cargo demand remains steady, Brussels Airport appears well-positioned to capture additional market share in the European logistics sector through 2026. 𝐕𝐢𝐬𝐢𝐭 𝐨𝐮𝐫 𝐰𝐞𝐛𝐬𝐢𝐭𝐞: https://cargoconnect.co.in/ for more news & updates!
DP World has secured International Air Transport Association (IATA) certification for its freight forwarding operations in Panama, strengthening its position in the regional air cargo and multimodal logistics market. The certification is expected to enhance the company’s ability to deliver secure, compliant and efficient air freight services across the Americas. The accreditation confirms that DP World’s Panama-based operations meet IATA’s global standards for the handling and transportation of air cargo. The move enables the company to integrate air freight more closely with its existing ocean, inland transport and warehousing services, creating end-to-end supply chain solutions for customers operating across regional and international trade corridors. Panama remains one of Latin America’s most strategic logistics gateways due to its geographic location and connectivity between North and South America. Industry observers believe the latest certification will reinforce DP World’s role in supporting time-sensitive cargo, e-commerce logistics and multimodal freight movements in the region. The certification follows DP World’s continued investments in logistics infrastructure in Panama, including the recent launch of a customs-bonded warehouse aimed at improving cargo consolidation, storage and distribution capabilities. The company had also secured IATA certification for its Brazil air freight business in 2025 as part of its wider strategy to build an integrated logistics network across Latin America. According to DP World, the certification process involved a detailed assessment of operational procedures, infrastructure, safety controls, compliance systems and cargo traceability standards. The company also demonstrated adherence to major international air cargo regulations, including IATA’s Dangerous Goods Regulations and “Ready for Carriage” requirements. Manuel Martínez, CEO of DP World in the Dominican Republic, said the certification reflects the company’s focus on building a “reliable, standardized and highly competitive logistics platform across the Americas.” He added that aligning with IATA standards would strengthen DP World’s ability to support customers with secure and efficient air cargo solutions integrated with its broader port and logistics ecosystem. 𝐕𝐢𝐬𝐢𝐭 𝐨𝐮𝐫 𝐰𝐞𝐛𝐬𝐢𝐭𝐞: https://cargoconnect.co.in/ for latest news!
CMA CGM Group has launched a new Paris–Hanoi freighter service, reinforcing the growing strategic importance of Vietnam in global manufacturing and supply chain networks. The dedicated Boeing 777F operation connects Paris Charles de Gaulle Airport with Hanoi’s Noi Bai International Airport, with a return routing via Navoiy, Uzbekistan, enhancing cargo connectivity between Southeast Asia and Europe. The inaugural flight departed on May 9, marking another step in CMA CGM Air Cargo’s long-haul expansion strategy as shippers increasingly diversify sourcing and production activities beyond China. Vietnam has emerged as a critical export hub for electronics, textiles, footwear, industrial machinery and e-commerce products, driving sustained air cargo demand on Europe-bound trade lanes. The new service is expected to provide supply chain planners and freight forwarders with additional capacity and greater schedule reliability at a time when manufacturers are seeking resilient and multimodal logistics solutions. Industry analysts note that Vietnam’s role in global supply chains has accelerated due to continued foreign direct investment, expanding manufacturing clusters and the rapid growth of cross-border e-commerce. By integrating Hanoi into its freighter network, CMA CGM is also strengthening its end-to-end logistics strategy, combining ocean shipping, air freight and inland transport services under a unified supply chain offering. The move aligns with the group’s broader ambition to become a fully integrated logistics player capable of offering agile transport solutions for high-value and time-sensitive cargo. The routing through Navoiy further highlights the increasing importance of Central Asia as a transit and technical hub connecting Europe and Asia. The Uzbekistan stopover enables operational flexibility while supporting wider regional cargo connectivity. The deployment of the Boeing 777F on the route underscores CMA CGM Air Cargo’s focus on long-range, high-capacity freighter operations. The aircraft is widely used in global air cargo networks for transporting high-volume industrial shipments, electronics and e-commerce cargo efficiently across intercontinental trade lanes. As supply chains continue shifting toward Southeast Asia, the launch of the Paris–Hanoi service positions CMA CGM to capture growing trade flows between European consumption markets and Vietnam’s export-driven manufacturing economy. The added freighter capacity is likely to benefit exporters, logistics providers and multinational manufacturers seeking faster and more resilient cargo connectivity between Asia and Europe. 𝐕𝐢𝐬𝐢𝐭: https://cargoconnect.co.in/ for latest news!
Adani Ports and Special Economic Zone has announced the appointment of Niraj Bansal as CEO- Ports, effective from June 1, 2026. He will take over from Pranav Choudhary, who is stepping down from the position at the end of May. Bansal brings nearly three decades of experience in the ports, logistics, and infrastructure sectors. Before joining the Adani Group in 2022, he saved as Chairman-in-Charge of Jawaharlal Nehru Port Authority (JNPA), where he played a key role in improving cargo handling and port operations. Since joining Adani Ports, Bansal has held several senior leadership positions, including CEO of Hazira Port and CEO for new port project development in Maharashtra. He has been actively involved in operational expansion, infrastructure development, and strategoic growth initiatives across the company’s port network. The appointment comes at a time when Adani Ports continues to strengthen its presence in India’s maritime and logistics sector through capacity expansion and integrated supply chain solutions. Follow CARGOCONNECT for more such updates.
DP World has secured International Air Transport Association (IATA) certification for its freight forwarding operations in Panama, strengthening its position in the regional air cargo and multimodal logistics market. The certification is expected to enhance the company’s ability to deliver secure, compliant and efficient air freight services across the Americas. The accreditation confirms that DP World’s Panama-based operations meet IATA’s global standards for the handling and transportation of air cargo. The move enables the company to integrate air freight more closely with its existing ocean, inland transport and warehousing services, creating end-to-end supply chain solutions for customers operating across regional and international trade corridors. Panama remains one of Latin America’s most strategic logistics gateways due to its geographic location and connectivity between North and South America. Industry observers believe the latest certification will reinforce DP World’s role in supporting time-sensitive cargo, e-commerce logistics and multimodal freight movements in the region. The certification follows DP World’s continued investments in logistics infrastructure in Panama, including the recent launch of a customs-bonded warehouse aimed at improving cargo consolidation, storage and distribution capabilities. The company had also secured IATA certification for its Brazil air freight business in 2025 as part of its wider strategy to build an integrated logistics network across Latin America. According to DP World, the certification process involved a detailed assessment of operational procedures, infrastructure, safety controls, compliance systems and cargo traceability standards. The company also demonstrated adherence to major international air cargo regulations, including IATA’s Dangerous Goods Regulations and “Ready for Carriage” requirements. Manuel Martínez, CEO of DP World in the Dominican Republic, said the certification reflects the company’s focus on building a “reliable, standardized and highly competitive logistics platform across the Americas.” He added that aligning with IATA standards would strengthen DP World’s ability to support customers with secure and efficient air cargo solutions integrated with its broader port and logistics ecosystem. 𝐕𝐢𝐬𝐢𝐭 𝐨𝐮𝐫 𝐰𝐞𝐛𝐬𝐢𝐭𝐞: https://cargoconnect.co.in/ for latest news!
PSA Mumbai, the country’s largest container terminal located at Jawaharlal Nehru Port Authority (JNPA), has expanded its infrastructure with the inauguration of new Super Panamax Quay Cranes to improve cargo handling efficiency and boost port capacity. The inauguration ceremony was attended by PSA International Regional CEO Vincent Ng, PSA Mumbai Executive Director Ashwin Arvind and other dignitaries. The newly added cranes will enhance the operational capabilities of Bharat Mumbai Container Terminals Pvt. Ltd. (BMCTPL), helping increase container handling capacity, reduce vessel turnaround and strengthen logistics operations. Officials said the development highlights the growing collaboration between JNPA and PSA India in modernizing port infrastructure and establishing JNPA as one of India’s leading maritime gateways for global trade and commerce JNPA Inaugurates Advanced Cranes At India’s Largest Container Terminal PSA Mumbai, the country’s largest container terminal located at Jawaharlal Nehru Port Authority (JNPA), has expanded its infrastructure with the inauguration of new Super Panamax Quay Cranes to improve cargo handling efficiency and boost port capacity. The inauguration ceremony was attended by PSA International Regional CEO Vincent Ng, PSA Mumbai Executive Director Ashwin Arvind and other dignitaries. The newly added cranes will enhance the operational capabilities of Bharat Mumbai Container Terminals Pvt. Ltd. (BMCTPL), helping increase container handling capacity, reduce vessel turnaround and strengthen logistics operations. Officials said the development highlights the growing collaboration between JNPA and PSA India in modernizing port infrastructure and establishing JNPA as one of India’s leading maritime gateways for global trade and commerce. Follow CARGOCONNECT for more such updates.
As India’s healthcare logistics sector continues to evolve, Credent Connect N Care is steadily emerging as a trusted name in healthcare logistics. The company has expanded its presence by offering integrated healthcare logistics, supporting hospitals and laboratories with specialized transportation and supply chain solutions. It handles over 10 lakh samples every month, providing a mix of intra-city and inter-city logistics, along with home collection and supply chain management services for healthcare provider The company crossed Rs 200 crore in revenue FY 2025-202, while maintaining profitability and sustaining an approximate 40% compound annual growth rate (CAGR). According to Tarun Sharma, Managing Director of Credent Connect N Care Limited, the company’s role goes beyond logistics. “Healthcare growth in India depends on how efficiently we can move patient samples to diagnostic services, even from remote towns. Credent is building that connectivity infrastructure, ensuring samples move faster, safer, and more reliably across the country.” As India continues investing in healthcare infrastructure, the role of Credent Connect N Care is expected to play a foundational role in this ecosystem ensuring efficient medical supply chain operations across the country. Follow CARGOCONNECT to stay ahead on logistics news!
India’s material handling sector has received a major innovation boost with the launch of the country’s first Multilon battery technology for electric forklifts by Godrej Enterprises Group. Developed by the company’s Material Handling Equipment division, the new battery solution aims to improve efficiency, reduce operational costs, and support sustainable warehouse operations. The launch comes at a time when India’s warehousing and logistics industries are expanding rapidly, driven by e-commerce growth, manufacturing activity, and increasing demand for modern supply chain infrastructure. According to the company, the Multilon battery technology can lower forklift operating costs by nearly 25 percent over its lifecycle. The batteries are designed for long-term use and support features such as fast charging, opportunity charging, and maintenance-free performance. The technology was developed in collaboration with an Indian deep-tech battery company and offers up to 5,000 charging cycles, significantly higher than conventional lithium-ion batteries. It also reduces reliance on rare-earth materials, helping minimize environmental impact and disposal concerns. One of the key advantages of the new battery system is its agility to operate efficiently in temperature above 45 degree Celsius, making it suitable for challenging Indian industrial conditions. Company officials said the launch reflects the growing focus on sustainable and future-ready industrial solutions that can improve productivity and energy efficiency across warehouses and logistics operations. Follow CARGOCONNECT for more such updates.
Singapore’s Changi Airport is sharpening its focus on pharmaceuticals and e-commerce shipments to navigate constrained cargo capacity until planned expansion in the 2030s. According to Lim Ching Kiat, Executive Vice President of Air Hub and Cargo Development at Changi Airport Group, current facilities face mounting pressure due to growing regional demand, necessitating strategic tenant and cargo type management. E-commerce continues to be a key growth driver for air cargo globally, fueled by major players like Shein, Temu, and TikTok Shop. At the same time, Singapore is solidifying its position as Southeast Asia’s preferred pharmaceutical hub, attracting investments from global biopharma giants such as Thermo Fisher, Sanofi, BioNTech, and MSD. Looking ahead, Changi Airport plans to launch a second logistics park by the 2030s, aiming to increase its annual cargo capacity from 3 million tons to 5.4 million tons. The new free trade zone will further expedite cargo handling and redistribution. In 2024, Changi Airport reported handling 1.99 million tons of airfreight, a 14.6% rise from 2023, driven by robust cross-border e-commerce demand, improved trade routes with China and the U.S., and recovering electronics exports. Top air cargo markets included China, Australia, the U.S., Hong Kong, and India.
As we all know, supply chain management encompasses a multifaceted approach to streamline operations, optimise resources, and meet customer demands efficiently. Integrating the entire supply chain involves aligning and synchronising all components, processes, and stakeholders involved—from suppliers to end consumers. Most importantly, an integrated supply chain leverages technology and standardised processes to achieve seamless coordination, visibility, and data sharing across the entire value chain. As businesses navigate the complexities of today’s global marketplace, harnessing the power of an innovative supply chain through enabling technological advancements and process improvements is crucial for establishing resilient, responsive, and future-ready supply chain ecosystems. These aspects are brought together by three crucial elements: technology as the backbone of innovative supply chains, continuous improvement throughout the entire supply chain, and network structures driven by transparent communication and end-to-end visibility. Harish Singh, Head – Supply Chain, Burgerama talks about the amalgamation of these key elements that enable organisations like Burgerama to stay ahead in a rapidly evolving business landscape, fostering innovation and sustainable growth in the realm of supply chain management features. Excerpts by UPAMANYU BORAH from a recent interaction. Genesis and Operations Founded in 2018 by Kabir, Viraaj, and Vivek, Burgerama is a flavour-packed tale of the juiciest cheeseburgers in India. Starting strong in Sushant Lok in October 2018, not even a global pandemic could halt this culinary sensation. What sets Burgerama apart? It's the explosion of taste in every bite, achieved through meticulous ingredient selection and an unwavering commitment to authenticity. Beyond just a food joint, Burgerama is a narrative of enduring friendship and an unyielding quest to craft the perfect burger experience. Now operating 14 delivery outlets across Delhi NCR, Chandigarh, and Bangalore, Burgerama has come to be known for its passionate team, true-to-form flavours and genuinely delicious products, creating a truly unique burger experience for all. Adapting to Macro Challenges In recent times, our burger brand has experienced both positive and negative impacts from the macro environment. A shift towards healthier eating habits has inspired us to innovate our menu, offering diverse options with high-quality, nutritious ingredients, expanding our appeal. Embracing sustainability, we've adopted eco-friendly packaging and responsible sourcing, aligning with evolving consumer values. However, challenges persist. Fluctuating commodity prices and supply chain disruptions occasionally affect our quality and pricing consistency. To address this, we've prioritised supply chain flexibility. Technological investments and strategic partnerships enable swift responses to unforeseen circumstances. Building relationships with multiple suppliers and agile inventory management mitigate localised disruptions. Our logistics infrastructure, designed for agility, includes contingency plans and alternative routes, ensuring seamless operations. Despite macro challenges, our commitment to a flexible supply chain empowers us to navigate obstacles effectively, ensuring consistent delivery of quality burgers to our customers under any circumstances. Global Benchmarks, Local Adaptations Our burger brand prioritises a consistent supply through tech-driven forecasting, strategic partnerships, and global benchmarking. Leveraging predictive analytics, we adjust production to minimise shortages or overstocking. Long-term relationships with suppliers ensure transparent operations, from sourcing to delivery. We adapt successful global practices through benchmarking and continually improve through audits, adopting new technologies or optimising routes. Our commitment to agility and learning from global benchmarks ensures a reliable supply chain, meeting dynamic customer demands. Cost Management Methods In the face of escalating input costs, especially in a landscape where our primary business operates through Zomato and Swiggy, our commitment remains to shield end consumers from additional financial burdens. Our strategy is multi-faceted, emphasising cost management without compromising quality or transferring extra expenses to the customer. Internally, we relentlessly optimise operations, streamlining processes from sourcing to distribution to enhance efficiency and minimise wastage throughout the supply chain. Furthermore, we are resolute in absorbing a certain degree of these cost increases within our operations, ensuring that the quality, value, and experience associated with our brand remain uncompromised. Collaborating closely with our suppliers and distributors, we navigate peak input costs by absorbing some of the financial pressures internally, ultimately ensuring that the end consumer is spared from additional financial strains. Automation advancements in Operations Harnessing advanced information technology has been transformative for our supply chain. Integration of cutting-edge solutions has significantly boosted efficiency, agility, and responsiveness. A key initiative involves implementing robust inventory management systems driven by machine learning algorithms. These systems enhance demand forecasting, optimise inventory levels, and predict supply chain disruptions. This proactive approach ensures balanced stock levels at both outlet and warehouse, preventing excesses or shortages. Automation further streamlines operations, with an indent planning tool seamlessly integrated into our inventory management for more precise order fulfillment planning. Strong Partnerships: Key to minimising disruptions In India's supply chain landscape, seamless coordination among suppliers, distributors, and logistics partners is crucial. Our approach emphasises robust communication channels, fostering transparency, strategy alignment, and quick problem-solving. During crises, like recent disruptions, our coordination becomes even more vital. Swift adaptations, such as diversifying supply channels and optimising stock, help us navigate challenges. Strong partner relationships minimise disruptions. Despite widespread implications, our focus stays on fostering collaborations and open communication to navigate challenges effectively and deliver quality service in alignment with the dynamic Indian market. Logistics: Enabling Our Burger Success In our burger brand's success story in India, logistics plays a vital role, serving as the backbone of our operations. Entrusting specific functions to external partners, such as transportation and warehousing, ensures efficient delivery routes and streamlined distribution. While external partners handle certain tasks, the majority of logistics operations, including inventory management and strategic planning, are internally controlled. This internal control is crucial for optimising inventory, anticipating market demands, and maintaining a smooth product flow. With approximately 90 per cent of logistics operations managed internally, we strike a balance, leveraging external expertise while retaining control over core functions. This collaborative strategy ensures the benefits of specialised skills from partners, coupled with the agility needed to adapt to India's unique market demands. Win-Win Partnerships In selecting logistics partners for our Indian operations, we prioritise reliability, scalability, and technological proficiency. Timely and consistent deliveries are crucial, requiring partners adaptable to India's dynamic landscape. We emphasise technology-driven solutions, favoring partners with advanced tracking systems and route optimisation. Cost-effectiveness is key, seeking competitive pricing without compromising service quality. Transparency, compliance with regulations, and a customer-centric approach are foundational criteria. Thorough evaluations and trial periods ensure compatibility and strong partnerships, ensuring a smooth and efficient logistics operation for our burger brand in India. Efficient Transportation Strategies In response to the evolving logistics landscape in India, our policies and strategies pivot towards embracing alternative transport modes and optimising routes for efficient outsourcing of logistics services. We advocate for multimodal transport, acknowledging the strengths of various modes like road and rail to optimise cost, time, and environmental impact. Prioritising route optimisation through advanced technologies enables us to minimise transit times and costs, leveraging data-driven analytics to assess traffic patterns and road conditions. Collaboration with specialised 3PL service providers in alternative transport modes enhances our network efficiency. Recognising the last-mile delivery challenge in India, our policies explore innovative solutions, including partnerships with local services and micro-warehousing strategies. The emphasis on adaptability and agility allows us to respond dynamically to market dynamics, embracing new transport modes for enhanced efficiency or reduced environmental impact. Continuous evaluation and improvement are ingrained in our policies, fostering a diversified and adaptable logistics framework that ensures efficient supply chain operations for our business. Warehousing strategies that alleviates the bottom-line To optimise our operations, we strategically position warehouses for proximity to major consumption centers, minimising transportation costs and reducing delivery times across India. Leveraging technology, we implement warehouse management systems and plan to introduce barcode systems for enhanced accuracy. Embracing lean principles, we focus on continuous improvement, eliminating non-value-added activities, and maintaining efficient layouts. Anticipating seasonal or peak demand, we implement inventory strategies for optimal preparation without excess costs during quieter periods. Collaboration with 3PLs allows scalability and access to specialised facilities. Utilising data analytics, we continuously analyse warehouse efficiency, facilitating data-driven decisions for ongoing process improvements. Through these strategies, we aim for efficient, agile, and customer-centric operations, ensuring timely product delivery across India while optimising costs and resources. Distinct capabilities with a strategic Innovation Approach Maximising the efficiency of our logistics and backend operations involves a multifaceted approach focussed on continuous improvement and innovation. Leveraging advanced analytics, we prioritise accurate demand forecasting for optimised inventory levels, balancing meeting customer demands with minimising excess stock. Building strong relationships with suppliers and implementing lean supply chain principles help in reducing lead times, cutting costs, and maintaining a responsive supply chain. Constantly exploring and integrating emerging technologies such as AI and Bar Coding enhances visibility and transparency across the supply chain. Sustainability initiatives, including eco-friendly packaging and optimised delivery routes, align with our commitment to environmental responsibility. Regular assessments and adaptation to market changes, whether regulatory shifts or consumer preferences, ensure operational agility. Our ultimate goal is to create a responsive, cost-effective, and sustainable supply chain that meets customer demands across diverse cities. Megatrends changing the face of Supply Chain Executives In the dynamic landscape of India's supply chain and logistics, several pivotal megatrends are set to reshape the roles of managers in these domains. Technology integration, including AI and machine learning, will revolutionise operations, requiring managers to harness these tools for enhanced visibility and data-driven decision-making. Building resilience against disruptions and diversifying sourcing channels will be imperative. Leveraging data analytics for predictive insights will be essential for optimising inventory and enhancing overall efficiency. Collaborative partnerships across the supply chain ecosystem will strengthen, necessitating closer ties with suppliers, distributors, and technology providers. Adapting to evolving regulations, upskilling the workforce for increased automation, and prioritising customer-centric logistics experiences are paramount. Striking the right balance between globalisation benefits and localised strategies will be a key challenge. Managers who adeptly navigate and capitalise on these megatrends will build agile, sustainable, and technologically advanced operations, meeting the evolving demands of the market. Advice for budding professionals To young supply chain professionals entering the industry in India, here's some invaluable advices for navigating the evolving landscape. Embrace continuous learning by staying updated on technological advancements and industry trends, and seek certifications and mentorship. Develop a holistic understanding of the supply chain spectrum, acknowledging the interconnections between procurement, logistics, operations, and customer relations. Cultivate adaptability and flexibility to navigate the fast-paced and disruptive nature of the industry. Focus on data literacy, particularly proficiency in analytics tools like Excel, for making informed decisions. Hone communication and collaboration skills to effectively coordinate with diverse teams and stakeholders. Embrace ethical and sustainable practices, recognising their growing importance in supply chains. Lastly, foster a problem-solving mindset, as the ability to address challenges efficiently is highly valued in the dynamic field of supply chain management.
Delmos Aviation has transported the second lot of 300 units of oxygen concentrators from Russia to New Delhi for the Rajasthan state government. The consignment was airborne on an Aeroflot A333 aircraft (SU 232) and reached at 10:10 AM in New Delhi. The shipments were shipped by road and sent back to Swasthya Bhawan, Jaipur, Rajasthan Medical Services Corporation (RMSCL). RMSCL obtained oxygen concentrators from Russian companies together with Delmos Aviation. Delmos Aviation is procuring, transporting and supplying COVID-relied materials to the Rajasthan Medical Services Corporation with the mandate signed with the Rajasthan Government. There will shortly be two consignments with the remaining 800 oxygen concentrators. "We are ready to assist governments in the provision and delivery of any type of essential medical supplies, oxygen concentration and equipment as quickly as possible," said Dr Naveen Rao, Director, Delmos Aviation. "At this juncture, time-based deliveries are paramount. We can handle the airlift and deliver the shipment to the last point." In four lots, 100, 300, 450 and 400 units, a total of 1250 oxygen concentrations are ordered and continue to reach New Delhi in batches of shipments. On 14 and 16 May 2021, the remaining lots will arrive. Oxygen concentrators of Single flowmeter (0.5-10LPM Adjustable) and double flowmeter (0-5LPM Adjustable) are included in the delivery. The models are JAY-10A & LFY-I-5A. "The government of Rajasthan is working hard in this raging second wave of the pandemic to provide basic medical equipment to head Minister Ashok Gehlot and Minister of Health, Raghu Sharma. The government plans to import 1250 oxygen concentrators from Moscow, Russia, in partnership with Delmos Aviation, as part of its efforts to enhance medical oxygen in the state," said a spokesperson.
Challenge Group unveiled its newest Boeing 747-400 production freighter registered under its Belgian AOC. With this acquisition, Challenge Group’s fleet now consists of 10 state-of-the-art aircraft, including six Boeing 747-400F and four Boeing 767-300F freighters, trebling its fleet in less than three years. This expansion positions the company to meet increasing customer demand with greater efficiency and flexibility. The new aircraft will significantly enhance Challenge Group’s capacity and frequency, addressing rising demand for perishable transportation out of Africa, e-commerce shipments from China, and transatlantic trade. Predominantly serving the e-commerce sector from China, the Boeing 747-400F will also support diverse industries and verticals with its versatile cargo capabilities. “The addition of the Boeing 747-400F is a pivotal step in Challenge Group’s fleet strategy,” said Or Zak, Chief Commercial Officer at Challenge Group. “It reinforces our ability to respond to the evolving demands of the air freight capacity while expanding our capability to serve new markets. This aircraft exemplifies our commitment to operational flexibility and providing additional solutions for our customers.” This expansion aligns with Challenge Group’s long-term strategy to grow its fleet and increase its market reach. By incorporating advanced freighters like the Boeing 747-400 production freighter, the company is well-positioned to deploy additional capacity as needed and strengthen its global network.
Container xChange, the world’s leading tech company for container trading and leasing published container prices and availability data across the key ports of the United States. As majority of ports at the United States struggle to process the soaring flow of inbound containers, the average shipping container prices fell in the month of October by an average of 10% at the ports of LA, LB and more recently the port of Savannah too. The ports in the US are showing very high Container availability Index (CAx) values consistently as compared to the year 2020 and 2019 (pre-pandemic times). On a global scale, about 78 ports recorded CAx values higher than 0.50 (the value of 0.50 represents the ideal balance of inbound and outbound containers). As per the data, the average prices for 40 ft High cube containers have dropped by 10.7% from US$4863 to US$4342 from the month of August to November at the port of Long Beach. At the port of Los Angeles, a 20 ft dry container costs US$1850 and a 40 High cube costs around US$4342. The table below shows the decline in the average prices for a forty ft high cube container since the month of August this year at the Los Angeles port. Overall, the average one-way container leasing pickup charges on China to United States stretch have also slashed after it peaked in the month of September from US$2810 to US$1760 in October. Looking at the inbound/outbound container data by Container xChange, CAx values that are consistently above 0.70 indicate that these ports have been importing an increasing number of containers for a long period and the exports are impacted due to prevailing supply-chain factors. Particularly the port of Long Beach and Los Angeles have consistently shown CAx values higher than 0.80 since the beginning of the year which shows the catastrophic problem of higher inbound containers at these ports. The situation is similar at ports like Oakland, Seattle, Tacoma, and other ports in the US West Coast. The container availability index (CAx) at the port of Long Beach is 0.88 this week, which is the highest since the year 2019. The CAx values stood at 0.67 in 2019 and at 0.68 in 2020. The higher CAx values indicate that in proportion to the inbound containers, outbound containers are much higher. The gap is at its peak at the port. The port of Oakland, for instance, showed up a general CAx values between a range of 0.36 to a maximum of 0.65 at a given week throughout the year 2020, which is somewhere in the range of 0.70 to 0.96 at any given week in the year 2021. “The United States being an import destination of containers, has witnessed extraordinary number of vessels this year as the demand grew exponentially, especially in the north America region. This has crippled the supply chain because the ports and the supporting ecosystem has not been prepared adequately. We need measures to collectively improve the situation at these ports, which has had a domino effect on other ports and infact on the global supply chain. As per our forecast, the container prices will level off at a new normal that will be atleast 2X of the pre-pandemic cost by the end of next year 2022,” said Dr Johannes Schlingmeier, CEO and co-founder of Container xChange. Even the ports in the US East Coast like the port of Savannah, have experienced dip in the average prices for containers. A 40 feet high cube container costs US$4607 in November while it costed US$5224 in September, almost a dip of 11-12%. At the port of Savannah, as of week 47, the CAx stands at 0.94 which was 0.81 in 2020 and 0.84 in the year 2019 during the same week. Clearly, the port. Is handling very high number of inbound containers this year as compared to the past two years.
Singapore’s Changi Airport is sharpening its focus on pharmaceuticals and e-commerce shipments to navigate constrained cargo capacity until planned expansion in the 2030s. According to Lim Ching Kiat, Executive Vice President of Air Hub and Cargo Development at Changi Airport Group, current facilities face mounting pressure due to growing regional demand, necessitating strategic tenant and cargo type management. E-commerce continues to be a key growth driver for air cargo globally, fueled by major players like Shein, Temu, and TikTok Shop. At the same time, Singapore is solidifying its position as Southeast Asia’s preferred pharmaceutical hub, attracting investments from global biopharma giants such as Thermo Fisher, Sanofi, BioNTech, and MSD. Looking ahead, Changi Airport plans to launch a second logistics park by the 2030s, aiming to increase its annual cargo capacity from 3 million tons to 5.4 million tons. The new free trade zone will further expedite cargo handling and redistribution. In 2024, Changi Airport reported handling 1.99 million tons of airfreight, a 14.6% rise from 2023, driven by robust cross-border e-commerce demand, improved trade routes with China and the U.S., and recovering electronics exports. Top air cargo markets included China, Australia, the U.S., Hong Kong, and India.
As we all know, supply chain management encompasses a multifaceted approach to streamline operations, optimise resources, and meet customer demands efficiently. Integrating the entire supply chain involves aligning and synchronising all components, processes, and stakeholders involved—from suppliers to end consumers. Most importantly, an integrated supply chain leverages technology and standardised processes to achieve seamless coordination, visibility, and data sharing across the entire value chain. As businesses navigate the complexities of today’s global marketplace, harnessing the power of an innovative supply chain through enabling technological advancements and process improvements is crucial for establishing resilient, responsive, and future-ready supply chain ecosystems. These aspects are brought together by three crucial elements: technology as the backbone of innovative supply chains, continuous improvement throughout the entire supply chain, and network structures driven by transparent communication and end-to-end visibility. Harish Singh, Head – Supply Chain, Burgerama talks about the amalgamation of these key elements that enable organisations like Burgerama to stay ahead in a rapidly evolving business landscape, fostering innovation and sustainable growth in the realm of supply chain management features. Excerpts by UPAMANYU BORAH from a recent interaction. Genesis and Operations Founded in 2018 by Kabir, Viraaj, and Vivek, Burgerama is a flavour-packed tale of the juiciest cheeseburgers in India. Starting strong in Sushant Lok in October 2018, not even a global pandemic could halt this culinary sensation. What sets Burgerama apart? It's the explosion of taste in every bite, achieved through meticulous ingredient selection and an unwavering commitment to authenticity. Beyond just a food joint, Burgerama is a narrative of enduring friendship and an unyielding quest to craft the perfect burger experience. Now operating 14 delivery outlets across Delhi NCR, Chandigarh, and Bangalore, Burgerama has come to be known for its passionate team, true-to-form flavours and genuinely delicious products, creating a truly unique burger experience for all. Adapting to Macro Challenges In recent times, our burger brand has experienced both positive and negative impacts from the macro environment. A shift towards healthier eating habits has inspired us to innovate our menu, offering diverse options with high-quality, nutritious ingredients, expanding our appeal. Embracing sustainability, we've adopted eco-friendly packaging and responsible sourcing, aligning with evolving consumer values. However, challenges persist. Fluctuating commodity prices and supply chain disruptions occasionally affect our quality and pricing consistency. To address this, we've prioritised supply chain flexibility. Technological investments and strategic partnerships enable swift responses to unforeseen circumstances. Building relationships with multiple suppliers and agile inventory management mitigate localised disruptions. Our logistics infrastructure, designed for agility, includes contingency plans and alternative routes, ensuring seamless operations. Despite macro challenges, our commitment to a flexible supply chain empowers us to navigate obstacles effectively, ensuring consistent delivery of quality burgers to our customers under any circumstances. Global Benchmarks, Local Adaptations Our burger brand prioritises a consistent supply through tech-driven forecasting, strategic partnerships, and global benchmarking. Leveraging predictive analytics, we adjust production to minimise shortages or overstocking. Long-term relationships with suppliers ensure transparent operations, from sourcing to delivery. We adapt successful global practices through benchmarking and continually improve through audits, adopting new technologies or optimising routes. Our commitment to agility and learning from global benchmarks ensures a reliable supply chain, meeting dynamic customer demands. Cost Management Methods In the face of escalating input costs, especially in a landscape where our primary business operates through Zomato and Swiggy, our commitment remains to shield end consumers from additional financial burdens. Our strategy is multi-faceted, emphasising cost management without compromising quality or transferring extra expenses to the customer. Internally, we relentlessly optimise operations, streamlining processes from sourcing to distribution to enhance efficiency and minimise wastage throughout the supply chain. Furthermore, we are resolute in absorbing a certain degree of these cost increases within our operations, ensuring that the quality, value, and experience associated with our brand remain uncompromised. Collaborating closely with our suppliers and distributors, we navigate peak input costs by absorbing some of the financial pressures internally, ultimately ensuring that the end consumer is spared from additional financial strains. Automation advancements in Operations Harnessing advanced information technology has been transformative for our supply chain. Integration of cutting-edge solutions has significantly boosted efficiency, agility, and responsiveness. A key initiative involves implementing robust inventory management systems driven by machine learning algorithms. These systems enhance demand forecasting, optimise inventory levels, and predict supply chain disruptions. This proactive approach ensures balanced stock levels at both outlet and warehouse, preventing excesses or shortages. Automation further streamlines operations, with an indent planning tool seamlessly integrated into our inventory management for more precise order fulfillment planning. Strong Partnerships: Key to minimising disruptions In India's supply chain landscape, seamless coordination among suppliers, distributors, and logistics partners is crucial. Our approach emphasises robust communication channels, fostering transparency, strategy alignment, and quick problem-solving. During crises, like recent disruptions, our coordination becomes even more vital. Swift adaptations, such as diversifying supply channels and optimising stock, help us navigate challenges. Strong partner relationships minimise disruptions. Despite widespread implications, our focus stays on fostering collaborations and open communication to navigate challenges effectively and deliver quality service in alignment with the dynamic Indian market. Logistics: Enabling Our Burger Success In our burger brand's success story in India, logistics plays a vital role, serving as the backbone of our operations. Entrusting specific functions to external partners, such as transportation and warehousing, ensures efficient delivery routes and streamlined distribution. While external partners handle certain tasks, the majority of logistics operations, including inventory management and strategic planning, are internally controlled. This internal control is crucial for optimising inventory, anticipating market demands, and maintaining a smooth product flow. With approximately 90 per cent of logistics operations managed internally, we strike a balance, leveraging external expertise while retaining control over core functions. This collaborative strategy ensures the benefits of specialised skills from partners, coupled with the agility needed to adapt to India's unique market demands. Win-Win Partnerships In selecting logistics partners for our Indian operations, we prioritise reliability, scalability, and technological proficiency. Timely and consistent deliveries are crucial, requiring partners adaptable to India's dynamic landscape. We emphasise technology-driven solutions, favoring partners with advanced tracking systems and route optimisation. Cost-effectiveness is key, seeking competitive pricing without compromising service quality. Transparency, compliance with regulations, and a customer-centric approach are foundational criteria. Thorough evaluations and trial periods ensure compatibility and strong partnerships, ensuring a smooth and efficient logistics operation for our burger brand in India. Efficient Transportation Strategies In response to the evolving logistics landscape in India, our policies and strategies pivot towards embracing alternative transport modes and optimising routes for efficient outsourcing of logistics services. We advocate for multimodal transport, acknowledging the strengths of various modes like road and rail to optimise cost, time, and environmental impact. Prioritising route optimisation through advanced technologies enables us to minimise transit times and costs, leveraging data-driven analytics to assess traffic patterns and road conditions. Collaboration with specialised 3PL service providers in alternative transport modes enhances our network efficiency. Recognising the last-mile delivery challenge in India, our policies explore innovative solutions, including partnerships with local services and micro-warehousing strategies. The emphasis on adaptability and agility allows us to respond dynamically to market dynamics, embracing new transport modes for enhanced efficiency or reduced environmental impact. Continuous evaluation and improvement are ingrained in our policies, fostering a diversified and adaptable logistics framework that ensures efficient supply chain operations for our business. Warehousing strategies that alleviates the bottom-line To optimise our operations, we strategically position warehouses for proximity to major consumption centers, minimising transportation costs and reducing delivery times across India. Leveraging technology, we implement warehouse management systems and plan to introduce barcode systems for enhanced accuracy. Embracing lean principles, we focus on continuous improvement, eliminating non-value-added activities, and maintaining efficient layouts. Anticipating seasonal or peak demand, we implement inventory strategies for optimal preparation without excess costs during quieter periods. Collaboration with 3PLs allows scalability and access to specialised facilities. Utilising data analytics, we continuously analyse warehouse efficiency, facilitating data-driven decisions for ongoing process improvements. Through these strategies, we aim for efficient, agile, and customer-centric operations, ensuring timely product delivery across India while optimising costs and resources. Distinct capabilities with a strategic Innovation Approach Maximising the efficiency of our logistics and backend operations involves a multifaceted approach focussed on continuous improvement and innovation. Leveraging advanced analytics, we prioritise accurate demand forecasting for optimised inventory levels, balancing meeting customer demands with minimising excess stock. Building strong relationships with suppliers and implementing lean supply chain principles help in reducing lead times, cutting costs, and maintaining a responsive supply chain. Constantly exploring and integrating emerging technologies such as AI and Bar Coding enhances visibility and transparency across the supply chain. Sustainability initiatives, including eco-friendly packaging and optimised delivery routes, align with our commitment to environmental responsibility. Regular assessments and adaptation to market changes, whether regulatory shifts or consumer preferences, ensure operational agility. Our ultimate goal is to create a responsive, cost-effective, and sustainable supply chain that meets customer demands across diverse cities. Megatrends changing the face of Supply Chain Executives In the dynamic landscape of India's supply chain and logistics, several pivotal megatrends are set to reshape the roles of managers in these domains. Technology integration, including AI and machine learning, will revolutionise operations, requiring managers to harness these tools for enhanced visibility and data-driven decision-making. Building resilience against disruptions and diversifying sourcing channels will be imperative. Leveraging data analytics for predictive insights will be essential for optimising inventory and enhancing overall efficiency. Collaborative partnerships across the supply chain ecosystem will strengthen, necessitating closer ties with suppliers, distributors, and technology providers. Adapting to evolving regulations, upskilling the workforce for increased automation, and prioritising customer-centric logistics experiences are paramount. Striking the right balance between globalisation benefits and localised strategies will be a key challenge. Managers who adeptly navigate and capitalise on these megatrends will build agile, sustainable, and technologically advanced operations, meeting the evolving demands of the market. Advice for budding professionals To young supply chain professionals entering the industry in India, here's some invaluable advices for navigating the evolving landscape. Embrace continuous learning by staying updated on technological advancements and industry trends, and seek certifications and mentorship. Develop a holistic understanding of the supply chain spectrum, acknowledging the interconnections between procurement, logistics, operations, and customer relations. Cultivate adaptability and flexibility to navigate the fast-paced and disruptive nature of the industry. Focus on data literacy, particularly proficiency in analytics tools like Excel, for making informed decisions. Hone communication and collaboration skills to effectively coordinate with diverse teams and stakeholders. Embrace ethical and sustainable practices, recognising their growing importance in supply chains. Lastly, foster a problem-solving mindset, as the ability to address challenges efficiently is highly valued in the dynamic field of supply chain management.
Delmos Aviation has transported the second lot of 300 units of oxygen concentrators from Russia to New Delhi for the Rajasthan state government. The consignment was airborne on an Aeroflot A333 aircraft (SU 232) and reached at 10:10 AM in New Delhi. The shipments were shipped by road and sent back to Swasthya Bhawan, Jaipur, Rajasthan Medical Services Corporation (RMSCL). RMSCL obtained oxygen concentrators from Russian companies together with Delmos Aviation. Delmos Aviation is procuring, transporting and supplying COVID-relied materials to the Rajasthan Medical Services Corporation with the mandate signed with the Rajasthan Government. There will shortly be two consignments with the remaining 800 oxygen concentrators. "We are ready to assist governments in the provision and delivery of any type of essential medical supplies, oxygen concentration and equipment as quickly as possible," said Dr Naveen Rao, Director, Delmos Aviation. "At this juncture, time-based deliveries are paramount. We can handle the airlift and deliver the shipment to the last point." In four lots, 100, 300, 450 and 400 units, a total of 1250 oxygen concentrations are ordered and continue to reach New Delhi in batches of shipments. On 14 and 16 May 2021, the remaining lots will arrive. Oxygen concentrators of Single flowmeter (0.5-10LPM Adjustable) and double flowmeter (0-5LPM Adjustable) are included in the delivery. The models are JAY-10A & LFY-I-5A. "The government of Rajasthan is working hard in this raging second wave of the pandemic to provide basic medical equipment to head Minister Ashok Gehlot and Minister of Health, Raghu Sharma. The government plans to import 1250 oxygen concentrators from Moscow, Russia, in partnership with Delmos Aviation, as part of its efforts to enhance medical oxygen in the state," said a spokesperson.
Challenge Group unveiled its newest Boeing 747-400 production freighter registered under its Belgian AOC. With this acquisition, Challenge Group’s fleet now consists of 10 state-of-the-art aircraft, including six Boeing 747-400F and four Boeing 767-300F freighters, trebling its fleet in less than three years. This expansion positions the company to meet increasing customer demand with greater efficiency and flexibility. The new aircraft will significantly enhance Challenge Group’s capacity and frequency, addressing rising demand for perishable transportation out of Africa, e-commerce shipments from China, and transatlantic trade. Predominantly serving the e-commerce sector from China, the Boeing 747-400F will also support diverse industries and verticals with its versatile cargo capabilities. “The addition of the Boeing 747-400F is a pivotal step in Challenge Group’s fleet strategy,” said Or Zak, Chief Commercial Officer at Challenge Group. “It reinforces our ability to respond to the evolving demands of the air freight capacity while expanding our capability to serve new markets. This aircraft exemplifies our commitment to operational flexibility and providing additional solutions for our customers.” This expansion aligns with Challenge Group’s long-term strategy to grow its fleet and increase its market reach. By incorporating advanced freighters like the Boeing 747-400 production freighter, the company is well-positioned to deploy additional capacity as needed and strengthen its global network.
Container xChange, the world’s leading tech company for container trading and leasing published container prices and availability data across the key ports of the United States. As majority of ports at the United States struggle to process the soaring flow of inbound containers, the average shipping container prices fell in the month of October by an average of 10% at the ports of LA, LB and more recently the port of Savannah too. The ports in the US are showing very high Container availability Index (CAx) values consistently as compared to the year 2020 and 2019 (pre-pandemic times). On a global scale, about 78 ports recorded CAx values higher than 0.50 (the value of 0.50 represents the ideal balance of inbound and outbound containers). As per the data, the average prices for 40 ft High cube containers have dropped by 10.7% from US$4863 to US$4342 from the month of August to November at the port of Long Beach. At the port of Los Angeles, a 20 ft dry container costs US$1850 and a 40 High cube costs around US$4342. The table below shows the decline in the average prices for a forty ft high cube container since the month of August this year at the Los Angeles port. Overall, the average one-way container leasing pickup charges on China to United States stretch have also slashed after it peaked in the month of September from US$2810 to US$1760 in October. Looking at the inbound/outbound container data by Container xChange, CAx values that are consistently above 0.70 indicate that these ports have been importing an increasing number of containers for a long period and the exports are impacted due to prevailing supply-chain factors. Particularly the port of Long Beach and Los Angeles have consistently shown CAx values higher than 0.80 since the beginning of the year which shows the catastrophic problem of higher inbound containers at these ports. The situation is similar at ports like Oakland, Seattle, Tacoma, and other ports in the US West Coast. The container availability index (CAx) at the port of Long Beach is 0.88 this week, which is the highest since the year 2019. The CAx values stood at 0.67 in 2019 and at 0.68 in 2020. The higher CAx values indicate that in proportion to the inbound containers, outbound containers are much higher. The gap is at its peak at the port. The port of Oakland, for instance, showed up a general CAx values between a range of 0.36 to a maximum of 0.65 at a given week throughout the year 2020, which is somewhere in the range of 0.70 to 0.96 at any given week in the year 2021. “The United States being an import destination of containers, has witnessed extraordinary number of vessels this year as the demand grew exponentially, especially in the north America region. This has crippled the supply chain because the ports and the supporting ecosystem has not been prepared adequately. We need measures to collectively improve the situation at these ports, which has had a domino effect on other ports and infact on the global supply chain. As per our forecast, the container prices will level off at a new normal that will be atleast 2X of the pre-pandemic cost by the end of next year 2022,” said Dr Johannes Schlingmeier, CEO and co-founder of Container xChange. Even the ports in the US East Coast like the port of Savannah, have experienced dip in the average prices for containers. A 40 feet high cube container costs US$4607 in November while it costed US$5224 in September, almost a dip of 11-12%. At the port of Savannah, as of week 47, the CAx stands at 0.94 which was 0.81 in 2020 and 0.84 in the year 2019 during the same week. Clearly, the port. Is handling very high number of inbound containers this year as compared to the past two years.
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Poonawalla Group invests in woman-led trackNOW to boost R&D, expand operations in Indian logistics market
Poonawalla Group invests in woman-led trackNOW to boost R&D, expand operations in Indian logistics market
Poonawalla Group invests in woman-led trackNOW to boost R&D, expand operations in Indian logistics market
Poonawalla Group invests in woman-led trackNOW to boost R&D, expand operations in Indian logistics market
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