Warehouses

Transworld Terminals launches state-of-the-art Logistics Park in Chennai

Transworld Terminals Private Limited announced the launch of its latest venture, Transworld Logistics Park in Chennai. Known for its robust infrastructure and connectivity, Chennai is strategically positioned with excellent highways, railways, airports, and some of India's busiest ports, making it an ideal location for Transworld's new business vertical. The Transworld Logistics Park boasts a state-of-the-art warehouse spanning 1,25,000 sq ft, equipped with modern features such as dock levelers, 24/7 CCTV surveillance, fire safety systems, well-paved internal roads, and ample parking space. Located just 2 km from the state highway and within 25 km of major ports like Ennore, Chennai, and Kattupalli, the facility offers a strategically positioned storage solution for customers. Since 2009, Transworld Terminals has been a key player in the container freight station business, providing top-notch infrastructure and handling services to EXIM cargo in India. The launch of the Logistics Park marks a significant milestone as the company diversifies into domestic cargo handling. Leveraging its extensive experience in international cargo management, Transworld Terminals aims to offer exceptional storage and service solutions to its domestic trade partners, strengthening its presence in the logistics industry. This new development underlines Transworld’s commitment to enhancing the logistics landscape and supporting India's growing trade needs with quality and efficiency.

Admin September 3, 2024 0
Sameera Warehouster strengthens position in Southern India with strategic expansion into Ennathur and Chengalpet

Sameera Warehouster recently marked a significant milestone with the Bhoomi Pujan for its upcoming 2.6 lakh sq. ft facility on the Bangalore-Chennai Highway. The project’s first phase will focus on constructing 1.01 lakh sq. ft, laying the foundation for a state-of-the-art warehouse tailored for a leading automobile component manufacturer. This Built-To-Suit (BTS) facility, located in Ennathur, is set to redefine industrial space standards by enhancing operational efficiency and supporting business growth. The Bhoomi Pujan ceremony was a pivotal moment in Sameera Warehouster's journey to deliver customised, high-quality industrial spaces. The event was celebrated by key stakeholders, marking the beginning of a project designed to meet the specific needs of a valued client. Commenting on the project, Mr. Sandeep Chadha, Managing Director of Sameera Warehouster, stated, "We are proud to embark on this new venture on the Bangalore-Chennai Highway, which underscores our commitment to creating innovative and efficient industrial spaces. This facility is more than just an industrial building—it’s a strategic solution that will help our client optimise their operations and expand their business footprint. We are dedicated to delivering a space that meets their exact specifications and contributes to their continued success." In addition to this development, Sameera Warehouster has acquired a 137-acre park in Chengalpet, with plans for a potential 3 million sq. ft. of development. This expansion aligns with the company’s vision to build robust infrastructure that empowers businesses to thrive. Development at Chengalpet is expected to commence soon, offering new opportunities for growth and innovation. Sameera Warehouster remains committed to pushing the boundaries of industrial real estate. With these projects, the company aims to provide state-of-the-art facilities that foster growth, efficiency, and success for its clients.

Admin August 27, 2024 0
Maersk and Mawani unveil Middle East's largest logistics park at Jeddah Islamic Port

A.P. Moller – Maersk (Maersk) and the General Ports Authority of Saudi Arabia, known as Mawani, unveiled the largest Maersk Logistics Park in the Middle East at Jeddah Islamic Port on Wednesday. The opening ceremony was graced by notable figures including His Excellency Engineer Saleh bin Nasser Al-Jasser, Minister of Transport and Logistics Services and Chairman of the General Ports Authority, and Vincent Clerc, CEO of A.P. Moller – Maersk, alongside other key officials from the logistics and business sectors. In his keynote address, Engineer Saleh bin Nasser Al-Jasser highlighted the transformation of Saudi Arabia’s ports sector, marked by higher operational efficiency and growing maritime connectivity. He emphasised that the new logistics park will play a pivotal role in strengthening Saudi Arabia's economic activities, supporting trade, exports, and improving supply chain logistics. "The Maersk Logistics Park at Jeddah Islamic Port will contribute significantly to the Kingdom’s economic development by providing top-tier logistics services that enhance trade movement and export capabilities," Al-Jasser stated. Omar bin Talal Hariri, President of the General Authority of Ports, praised the role of the logistics park in bolstering the logistics industry’s growth. He said, "This facility will facilitate supply chain connectivity, which will drive significant improvements in the operational performance of Saudi ports and enhance the capabilities of the logistics sector." Vincent Clerc, CEO of A.P. Moller – Maersk, emphasised the strategic importance of the new logistics park, positioning Saudi Arabia as a vital hub for global trade. "Our Logistics Park in Jeddah demonstrates our integrated logistics strategy. It supports our customers with resilient logistics while advancing our decarbonisation goals," Clerc remarked. Ahmed Kudous, Head of Supply Chain for Unilever’s Middle East and Turkey region, reiterated the significance of the logistics park in supporting Unilever's sustainability goals. By consolidating operations at the facility, Unilever aims to reduce energy consumption and CO2 emissions, aligning with its Net Zero ambition by 2039. Kudous added, "This partnership with Maersk advances our sustainability agenda while contributing to the Saudi Vision 2030, which aims to transform the Kingdom into a leading global logistics hub." Spanning 225,000 square meters, the Maersk Logistics Park offers fully integrated logistics solutions under one roof. It boasts multi-modal connectivity, linking ocean, land, and air transport, and provides warehousing solutions for both B2B and e-commerce. The facility includes temperature-controlled warehouses, custom-bonded setups, and distribution solutions, such as first- and last-mile deliveries, making it ideal for industries ranging from FMCG, frozen food, and retail to petrochemicals, electronics, and pharmaceuticals. The logistics park is also a cornerstone of Maersk’s decarbonisation strategy. Up to 70% of the facility's electricity will be drawn from 32,000 solar panels installed across 64,000 square meters of rooftop space. The site will operate electric equipment and trucks, utilise low-consumption LED lighting, and adopt other energy-efficient technologies, contributing to Maersk’s ambition to achieve Net Zero greenhouse gas emissions by 2040. In addition to its environmental initiatives, Maersk has established a women’s academy at the park, dedicated to training and empowering Saudi women in the logistics and supply chain sector. This academy offers specialised training and mentorship programs to enhance diversity and inclusion within an industry traditionally dominated by men. Safety remains a priority at the Maersk Logistics Park, which has been built with world-class firefighting systems, segregated pedestrian and equipment paths, and comprehensive surveillance camera systems to ensure the security of both personnel and cargo. The facility’s state-of-the-art safety measures reflect Maersk’s commitment to creating a safe environment for all stakeholders. Strategically located at Jeddah Islamic Port, which features advanced infrastructure, the logistics park is positioned to leverage modern automated and eco-friendly equipment. This will enhance the port’s operational efficiency, competitiveness, and capacity, enabling it to accommodate new generations of large vessels. The launch of the Maersk Logistics Park is a significant milestone in advancing Saudi Arabia’s logistics capabilities and global trade competitiveness, aligning with the broader objectives of Saudi Vision 2030 to position the Kingdom as a leading logistics hub on the global stage.

Admin August 22, 2024 0
MRF Tyres secures 3.85 lakh sq ft warehousing space in Pune

Indian tyre manufacturer MRF has leased a substantial 3.85 lakh sq ft warehousing space in Sudavadi, Pune’s Mawal area. This 10-year long-term lease is part of a strategic arrangement with NDR Tradehouse. The Chennai-based company will pay an initial monthly rent of Rs. 1.05 crore, with a 4.5 per cent annual rent escalation clause ensuring gradual rent adjustments. Additionally, MRF will incur common area maintenance charges of Rs. 3.85 lakh per month. The transaction was registered on July 18, as per CRE Matrix data. The lease term includes an initial five-year period, with an option to extend for another five years. A lock-in period of three years ensures both parties' commitment to the lease for at least that duration. MRF has also secured an agreement for an additional 2 lakh sq ft of space within three years to accommodate future expansion. If NDR Tradehouse fails to provide this space, the lock-in clause will be void. The rapid expansion of e-commerce, the implementation of the Goods and Services Tax (GST), and the growing demand for efficient supply chain management have driven significant growth in warehouse leasing in India. This trend is particularly evident in major metropolitan areas and emerging industrial hubs, where companies aim to streamline logistics and enhance distribution networks.

Admin July 30, 2024 0
The Bahamas signs landmark deal with Afreximbank for trade and logistics hub

The African Export-Import Bank (Afreximbank) has signed an agreement with the Government of the Commonwealth of The Bahamas to develop an Afro-Caribbean marketplace and logistics center on Grand Bahama Island. This project, located on the former grounds of the International Bazaar and Royal Oasis Tower and Casino, aims to feature 90 outlets selling authentic products from over 54 African countries, 20 Caribbean states, and 16 Bahamian islands. Additionally, a transshipment hub will be established to transform Grand Bahama into a significant trade and cultural hub. The agreement represents a significant milestone for The Bahamas, with Prime Minister and Minister of Finance Philip Edward Davis emphasising the project's role in fostering economic and cultural partnerships. Davis stated, “The Afro-Caribbean Marketplace and Logistics Center will position Grand Bahama as a beacon of international trade, creating a dynamic environment for growth and collaboration.” The project is anticipated to create jobs, enhance The Bahamas' strategic position in global maritime networks, and strengthen ties between African and Caribbean nations. It will also support the growth of small and medium-sized enterprises (SMEs) and promote cultural exchange. Afreximbank has provided a USD 1.86 million project preparation facility to fund essential pre-development activities, paving the way for further investments estimated at USD 50 million. Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank Group, highlighted the strategic importance of the investment. “It allows us to realise our vision of positioning the Caribbean as the transshipment hub for Africa’s trade with the Americas,” Oramah said. Ginger Moxey, Minister for Grand Bahama, echoed these sentiments, noting the project's potential to boost the local economy and strengthen ties with the African continent. “Grand Bahama is a resilient island and is poised to become a beacon of economic and cultural exchange,” Moxey said. The signing of the Project Preparation Facility with Afreximbank marks a transformative step for Grand Bahama Island, signaling a commitment to creating a vibrant hub for trade, culture, and innovation.

Admin July 3, 2024 0
Safexpress unveils Tamil Nadu’s largest logistics park in Chennai

Safexpress has launched its largest logistics park in Tamil Nadu, situated in Chennai. This state-of-the-art facility, spanning 3.5 lakh square feet, is designed to revolutionise the logistics sector, enhancing trade operations and business potential in the region. Strategically located on Vanagaram – Ambattur Road, the logistics park features a 130-foot wide U-shaped facility, providing optimal access and efficient transportation for businesses. The park is equipped with a 16-foot wide cantilever shed, ensuring operations remain unaffected by weather conditions. Additionally, an 80-foot concrete truck docking road and dedicated docking for 75 trucks facilitate smooth loading and unloading processes. Safexpress' expansive network and comprehensive logistics solutions position it to meet the growing demands of businesses in Tamil Nadu and beyond. Covering all pincodes in India, Safexpress provides seamless door-to-door express distribution via surface and air. The company’s launch of this logistics park underscores its dedication to logistics excellence and customer success. Safexpress offers diverse supply chain services, including express distribution, third-party logistics, and consulting, serving industries such as apparel, healthcare, technology, publishing, automotive, FMCG, and consumer electronics. With 311 area offices, 56 cargo airport connections, and 42 3PL locations, Safexpress maintains the strongest logistics network in India. The company operates over 11,000 GPS-enabled vehicles, ensuring efficient deliveries. Safexpress boasts 2549 direct routes, with departures every 34 seconds, reflecting its commitment to timely service. Its warehousing area exceeds 19.5 million square feet, supporting 24/7/365 logistics services for over 5000 corporate clients. The inauguration of this logistics park marks a significant milestone for the logistics industry in Tamil Nadu. Safexpress, with its advanced facilities, strategic location, and customer-centric approach, is set to accelerate the region’s economic growth and drive trade.

Admin May 14, 2024 0
IKEA India partners with Rhenus to launch major warehouse near Gurugram for Delhi-NCR expansion

Swedish furniture giant IKEA is strengthening its foothold in India by partnering with global logistics company Rhenus to establish a new warehouse near Gurugram. This strategic collaboration aims to enhance IKEA’s e-commerce operations and customer delivery services in the Delhi-NCR region. The partnership, formalised through a Memorandum of Understanding (MoU), is designed to "elevate the home delivery experience" for customers in the region, IKEA stated. This move is set to accelerate the company’s e-commerce growth and ensure faster, more sustainable deliveries. Rhenus will be responsible for setting up a warehouse capable of storing and fulfilling over 7,000 products. Expected to be operational early next year, the facility will support seamless doorstep deliveries, allowing IKEA to fulfill the majority of orders within 24 hours. Saiba Suri, IKEA's Country Customer Fulfilment Manager, emphasised the importance of this partnership: "Our collaboration with Rhenus transcends decades. Bringing their expertise and experience in growing IKEA in other global markets to our operations here is an exciting opportunity for both in our India journey." Suri added that the initiative is not just about scaling operations but also about creating a customer experience that is beneficial for both people and the planet. The new warehouse, located in Gurugram, spans 150,000 square feet and is well-connected via rail, road, and air. It is expected to handle hundreds of orders daily, creating numerous job opportunities and fostering a diverse and inclusive workspace. IKEA also highlighted its commitment to implementing industry-best sustainable practices at the facility. Vivek Arya, Rhenus India Regional CEO, expressed enthusiasm for the expanded partnership: "As we expand our partnership from a European base to a global scale, our journey with IKEA is a testament to our shared commitment to excellence, innovation, and sustainability. This new warehousing project in India is not just an expansion of our operations, but a bold step towards a more inclusive and diverse global presence."

Admin May 14, 2024 0
KSH Logistics Broadens Footprint in Chennai with Enhanced Warehouse Facility

KSH Logistics announced the expansion of its multi-client warehousing facility in Chennai, setting a new standard in warehousing excellence. The newly expanded warehouse spans 25,000 square feet and features ground storage capabilities. With strong tech support, the facility caters to various needs, including co-packing, distribution, e-commerce, and omnichannel services, meeting evolving customer demands. The facility ensures cost efficiency, warehouse space optimisation, safety, capacity flexibility, and sustainability. With this expansion, KSH Logistics has extended its presence into key markets, boasting a total capacity exceeding 1 million square feet across India. Additionally, leveraging advanced Hydra and Farana, the facility ensures precise handling of specialised products like OTR (Off-the-Road) tyres, with a capacity to manage tyres with a diameter of up to 10 feet, further enhancing efficiency and productivity. Moreover, the facility operates on a cutting-edge Warehouse Management System (WMS), enabling seamless and streamlined operations from end to end. KSH will also be doing transportation of OTR tyres across India. “The new A-Grade MCF warehouse in Chennai adds yet another pivotal step forward. In the upcoming months, our focus is on aggressively expanding our MCF network into multiple cities. Through this strategic initiative, we aim to increase our total warehousing area to 2 million square feet. As a result, solidifying KSH Logistics’ position as a leader in the logistics industry”, said Mr Vinay Patil, Vice President – Business Development of KSH Logistics. KSH Logistics is set to transform warehousing in the Chennai market and is on the path of expanding its footprint across multiple cities in Chennai. Moreover, the new facility is fully compliant with fire safety regulations and is equipped with hydrants, sprinklers, and extinguishers. It meets local regulations as well as environmental standards and holds Shop Act registration, ensuring adherence to all statutory requirements.

Admin May 8, 2024 0
Transworld Terminals launches state-of-the-art Logistics Park in Chennai

Transworld Terminals Private Limited announced the launch of its latest venture, Transworld Logistics Park in Chennai. Known for its robust infrastructure and connectivity, Chennai is strategically positioned with excellent highways, railways, airports, and some of India's busiest ports, making it an ideal location for Transworld's new business vertical. The Transworld Logistics Park boasts a state-of-the-art warehouse spanning 1,25,000 sq ft, equipped with modern features such as dock levelers, 24/7 CCTV surveillance, fire safety systems, well-paved internal roads, and ample parking space. Located just 2 km from the state highway and within 25 km of major ports like Ennore, Chennai, and Kattupalli, the facility offers a strategically positioned storage solution for customers. Since 2009, Transworld Terminals has been a key player in the container freight station business, providing top-notch infrastructure and handling services to EXIM cargo in India. The launch of the Logistics Park marks a significant milestone as the company diversifies into domestic cargo handling. Leveraging its extensive experience in international cargo management, Transworld Terminals aims to offer exceptional storage and service solutions to its domestic trade partners, strengthening its presence in the logistics industry. This new development underlines Transworld’s commitment to enhancing the logistics landscape and supporting India's growing trade needs with quality and efficiency.

Admin September 3, 2024 0
Sameera Warehouster strengthens position in Southern India with strategic expansion into Ennathur and Chengalpet

Sameera Warehouster recently marked a significant milestone with the Bhoomi Pujan for its upcoming 2.6 lakh sq. ft facility on the Bangalore-Chennai Highway. The project’s first phase will focus on constructing 1.01 lakh sq. ft, laying the foundation for a state-of-the-art warehouse tailored for a leading automobile component manufacturer. This Built-To-Suit (BTS) facility, located in Ennathur, is set to redefine industrial space standards by enhancing operational efficiency and supporting business growth. The Bhoomi Pujan ceremony was a pivotal moment in Sameera Warehouster's journey to deliver customised, high-quality industrial spaces. The event was celebrated by key stakeholders, marking the beginning of a project designed to meet the specific needs of a valued client. Commenting on the project, Mr. Sandeep Chadha, Managing Director of Sameera Warehouster, stated, "We are proud to embark on this new venture on the Bangalore-Chennai Highway, which underscores our commitment to creating innovative and efficient industrial spaces. This facility is more than just an industrial building—it’s a strategic solution that will help our client optimise their operations and expand their business footprint. We are dedicated to delivering a space that meets their exact specifications and contributes to their continued success." In addition to this development, Sameera Warehouster has acquired a 137-acre park in Chengalpet, with plans for a potential 3 million sq. ft. of development. This expansion aligns with the company’s vision to build robust infrastructure that empowers businesses to thrive. Development at Chengalpet is expected to commence soon, offering new opportunities for growth and innovation. Sameera Warehouster remains committed to pushing the boundaries of industrial real estate. With these projects, the company aims to provide state-of-the-art facilities that foster growth, efficiency, and success for its clients.

Admin August 27, 2024 0
Maersk and Mawani unveil Middle East's largest logistics park at Jeddah Islamic Port

A.P. Moller – Maersk (Maersk) and the General Ports Authority of Saudi Arabia, known as Mawani, unveiled the largest Maersk Logistics Park in the Middle East at Jeddah Islamic Port on Wednesday. The opening ceremony was graced by notable figures including His Excellency Engineer Saleh bin Nasser Al-Jasser, Minister of Transport and Logistics Services and Chairman of the General Ports Authority, and Vincent Clerc, CEO of A.P. Moller – Maersk, alongside other key officials from the logistics and business sectors. In his keynote address, Engineer Saleh bin Nasser Al-Jasser highlighted the transformation of Saudi Arabia’s ports sector, marked by higher operational efficiency and growing maritime connectivity. He emphasised that the new logistics park will play a pivotal role in strengthening Saudi Arabia's economic activities, supporting trade, exports, and improving supply chain logistics. "The Maersk Logistics Park at Jeddah Islamic Port will contribute significantly to the Kingdom’s economic development by providing top-tier logistics services that enhance trade movement and export capabilities," Al-Jasser stated. Omar bin Talal Hariri, President of the General Authority of Ports, praised the role of the logistics park in bolstering the logistics industry’s growth. He said, "This facility will facilitate supply chain connectivity, which will drive significant improvements in the operational performance of Saudi ports and enhance the capabilities of the logistics sector." Vincent Clerc, CEO of A.P. Moller – Maersk, emphasised the strategic importance of the new logistics park, positioning Saudi Arabia as a vital hub for global trade. "Our Logistics Park in Jeddah demonstrates our integrated logistics strategy. It supports our customers with resilient logistics while advancing our decarbonisation goals," Clerc remarked. Ahmed Kudous, Head of Supply Chain for Unilever’s Middle East and Turkey region, reiterated the significance of the logistics park in supporting Unilever's sustainability goals. By consolidating operations at the facility, Unilever aims to reduce energy consumption and CO2 emissions, aligning with its Net Zero ambition by 2039. Kudous added, "This partnership with Maersk advances our sustainability agenda while contributing to the Saudi Vision 2030, which aims to transform the Kingdom into a leading global logistics hub." Spanning 225,000 square meters, the Maersk Logistics Park offers fully integrated logistics solutions under one roof. It boasts multi-modal connectivity, linking ocean, land, and air transport, and provides warehousing solutions for both B2B and e-commerce. The facility includes temperature-controlled warehouses, custom-bonded setups, and distribution solutions, such as first- and last-mile deliveries, making it ideal for industries ranging from FMCG, frozen food, and retail to petrochemicals, electronics, and pharmaceuticals. The logistics park is also a cornerstone of Maersk’s decarbonisation strategy. Up to 70% of the facility's electricity will be drawn from 32,000 solar panels installed across 64,000 square meters of rooftop space. The site will operate electric equipment and trucks, utilise low-consumption LED lighting, and adopt other energy-efficient technologies, contributing to Maersk’s ambition to achieve Net Zero greenhouse gas emissions by 2040. In addition to its environmental initiatives, Maersk has established a women’s academy at the park, dedicated to training and empowering Saudi women in the logistics and supply chain sector. This academy offers specialised training and mentorship programs to enhance diversity and inclusion within an industry traditionally dominated by men. Safety remains a priority at the Maersk Logistics Park, which has been built with world-class firefighting systems, segregated pedestrian and equipment paths, and comprehensive surveillance camera systems to ensure the security of both personnel and cargo. The facility’s state-of-the-art safety measures reflect Maersk’s commitment to creating a safe environment for all stakeholders. Strategically located at Jeddah Islamic Port, which features advanced infrastructure, the logistics park is positioned to leverage modern automated and eco-friendly equipment. This will enhance the port’s operational efficiency, competitiveness, and capacity, enabling it to accommodate new generations of large vessels. The launch of the Maersk Logistics Park is a significant milestone in advancing Saudi Arabia’s logistics capabilities and global trade competitiveness, aligning with the broader objectives of Saudi Vision 2030 to position the Kingdom as a leading logistics hub on the global stage.

Admin August 22, 2024 0
MRF Tyres secures 3.85 lakh sq ft warehousing space in Pune

Indian tyre manufacturer MRF has leased a substantial 3.85 lakh sq ft warehousing space in Sudavadi, Pune’s Mawal area. This 10-year long-term lease is part of a strategic arrangement with NDR Tradehouse. The Chennai-based company will pay an initial monthly rent of Rs. 1.05 crore, with a 4.5 per cent annual rent escalation clause ensuring gradual rent adjustments. Additionally, MRF will incur common area maintenance charges of Rs. 3.85 lakh per month. The transaction was registered on July 18, as per CRE Matrix data. The lease term includes an initial five-year period, with an option to extend for another five years. A lock-in period of three years ensures both parties' commitment to the lease for at least that duration. MRF has also secured an agreement for an additional 2 lakh sq ft of space within three years to accommodate future expansion. If NDR Tradehouse fails to provide this space, the lock-in clause will be void. The rapid expansion of e-commerce, the implementation of the Goods and Services Tax (GST), and the growing demand for efficient supply chain management have driven significant growth in warehouse leasing in India. This trend is particularly evident in major metropolitan areas and emerging industrial hubs, where companies aim to streamline logistics and enhance distribution networks.

Admin July 30, 2024 0
The Bahamas signs landmark deal with Afreximbank for trade and logistics hub

The African Export-Import Bank (Afreximbank) has signed an agreement with the Government of the Commonwealth of The Bahamas to develop an Afro-Caribbean marketplace and logistics center on Grand Bahama Island. This project, located on the former grounds of the International Bazaar and Royal Oasis Tower and Casino, aims to feature 90 outlets selling authentic products from over 54 African countries, 20 Caribbean states, and 16 Bahamian islands. Additionally, a transshipment hub will be established to transform Grand Bahama into a significant trade and cultural hub. The agreement represents a significant milestone for The Bahamas, with Prime Minister and Minister of Finance Philip Edward Davis emphasising the project's role in fostering economic and cultural partnerships. Davis stated, “The Afro-Caribbean Marketplace and Logistics Center will position Grand Bahama as a beacon of international trade, creating a dynamic environment for growth and collaboration.” The project is anticipated to create jobs, enhance The Bahamas' strategic position in global maritime networks, and strengthen ties between African and Caribbean nations. It will also support the growth of small and medium-sized enterprises (SMEs) and promote cultural exchange. Afreximbank has provided a USD 1.86 million project preparation facility to fund essential pre-development activities, paving the way for further investments estimated at USD 50 million. Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank Group, highlighted the strategic importance of the investment. “It allows us to realise our vision of positioning the Caribbean as the transshipment hub for Africa’s trade with the Americas,” Oramah said. Ginger Moxey, Minister for Grand Bahama, echoed these sentiments, noting the project's potential to boost the local economy and strengthen ties with the African continent. “Grand Bahama is a resilient island and is poised to become a beacon of economic and cultural exchange,” Moxey said. The signing of the Project Preparation Facility with Afreximbank marks a transformative step for Grand Bahama Island, signaling a commitment to creating a vibrant hub for trade, culture, and innovation.

Admin July 3, 2024 0
Safexpress unveils Tamil Nadu’s largest logistics park in Chennai

Safexpress has launched its largest logistics park in Tamil Nadu, situated in Chennai. This state-of-the-art facility, spanning 3.5 lakh square feet, is designed to revolutionise the logistics sector, enhancing trade operations and business potential in the region. Strategically located on Vanagaram – Ambattur Road, the logistics park features a 130-foot wide U-shaped facility, providing optimal access and efficient transportation for businesses. The park is equipped with a 16-foot wide cantilever shed, ensuring operations remain unaffected by weather conditions. Additionally, an 80-foot concrete truck docking road and dedicated docking for 75 trucks facilitate smooth loading and unloading processes. Safexpress' expansive network and comprehensive logistics solutions position it to meet the growing demands of businesses in Tamil Nadu and beyond. Covering all pincodes in India, Safexpress provides seamless door-to-door express distribution via surface and air. The company’s launch of this logistics park underscores its dedication to logistics excellence and customer success. Safexpress offers diverse supply chain services, including express distribution, third-party logistics, and consulting, serving industries such as apparel, healthcare, technology, publishing, automotive, FMCG, and consumer electronics. With 311 area offices, 56 cargo airport connections, and 42 3PL locations, Safexpress maintains the strongest logistics network in India. The company operates over 11,000 GPS-enabled vehicles, ensuring efficient deliveries. Safexpress boasts 2549 direct routes, with departures every 34 seconds, reflecting its commitment to timely service. Its warehousing area exceeds 19.5 million square feet, supporting 24/7/365 logistics services for over 5000 corporate clients. The inauguration of this logistics park marks a significant milestone for the logistics industry in Tamil Nadu. Safexpress, with its advanced facilities, strategic location, and customer-centric approach, is set to accelerate the region’s economic growth and drive trade.

Admin May 14, 2024 0
IKEA India partners with Rhenus to launch major warehouse near Gurugram for Delhi-NCR expansion

Swedish furniture giant IKEA is strengthening its foothold in India by partnering with global logistics company Rhenus to establish a new warehouse near Gurugram. This strategic collaboration aims to enhance IKEA’s e-commerce operations and customer delivery services in the Delhi-NCR region. The partnership, formalised through a Memorandum of Understanding (MoU), is designed to "elevate the home delivery experience" for customers in the region, IKEA stated. This move is set to accelerate the company’s e-commerce growth and ensure faster, more sustainable deliveries. Rhenus will be responsible for setting up a warehouse capable of storing and fulfilling over 7,000 products. Expected to be operational early next year, the facility will support seamless doorstep deliveries, allowing IKEA to fulfill the majority of orders within 24 hours. Saiba Suri, IKEA's Country Customer Fulfilment Manager, emphasised the importance of this partnership: "Our collaboration with Rhenus transcends decades. Bringing their expertise and experience in growing IKEA in other global markets to our operations here is an exciting opportunity for both in our India journey." Suri added that the initiative is not just about scaling operations but also about creating a customer experience that is beneficial for both people and the planet. The new warehouse, located in Gurugram, spans 150,000 square feet and is well-connected via rail, road, and air. It is expected to handle hundreds of orders daily, creating numerous job opportunities and fostering a diverse and inclusive workspace. IKEA also highlighted its commitment to implementing industry-best sustainable practices at the facility. Vivek Arya, Rhenus India Regional CEO, expressed enthusiasm for the expanded partnership: "As we expand our partnership from a European base to a global scale, our journey with IKEA is a testament to our shared commitment to excellence, innovation, and sustainability. This new warehousing project in India is not just an expansion of our operations, but a bold step towards a more inclusive and diverse global presence."

Admin May 14, 2024 0
KSH Logistics Broadens Footprint in Chennai with Enhanced Warehouse Facility

KSH Logistics announced the expansion of its multi-client warehousing facility in Chennai, setting a new standard in warehousing excellence. The newly expanded warehouse spans 25,000 square feet and features ground storage capabilities. With strong tech support, the facility caters to various needs, including co-packing, distribution, e-commerce, and omnichannel services, meeting evolving customer demands. The facility ensures cost efficiency, warehouse space optimisation, safety, capacity flexibility, and sustainability. With this expansion, KSH Logistics has extended its presence into key markets, boasting a total capacity exceeding 1 million square feet across India. Additionally, leveraging advanced Hydra and Farana, the facility ensures precise handling of specialised products like OTR (Off-the-Road) tyres, with a capacity to manage tyres with a diameter of up to 10 feet, further enhancing efficiency and productivity. Moreover, the facility operates on a cutting-edge Warehouse Management System (WMS), enabling seamless and streamlined operations from end to end. KSH will also be doing transportation of OTR tyres across India. “The new A-Grade MCF warehouse in Chennai adds yet another pivotal step forward. In the upcoming months, our focus is on aggressively expanding our MCF network into multiple cities. Through this strategic initiative, we aim to increase our total warehousing area to 2 million square feet. As a result, solidifying KSH Logistics’ position as a leader in the logistics industry”, said Mr Vinay Patil, Vice President – Business Development of KSH Logistics. KSH Logistics is set to transform warehousing in the Chennai market and is on the path of expanding its footprint across multiple cities in Chennai. Moreover, the new facility is fully compliant with fire safety regulations and is equipped with hydrants, sprinklers, and extinguishers. It meets local regulations as well as environmental standards and holds Shop Act registration, ensuring adherence to all statutory requirements.

Admin May 8, 2024 0
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FFFAI Bengaluru EC meeting deliberates on customs related initiatives and business opportunities for the fraternity

The Federation of Freight Forwarders’ Associations in India (FFFAI) held its 6th EC Meeting for the term 2021-23 on May 27 and 28 in Bengaluru. The meeting was attended by the Office Bearers and 28 Member Association representative of FFFAI from across the country, there were many issues discussed and updates provided concerning customs, CBLR, EDI, Service Tax/GST, logistics, air cargo, sea cargo, skill development,importance of social media which FFFAI has expanded recently, technology developments, etc. The special focus of the 6th EC meeting was the updates on forthcoming 24th Biennial Convention of FFFAI to be held from August 12 to 14, 2022 in Chennai with the theme LOGISTICS RESHAPE, EMBRACE AND SURGE IN THE DIGITAL ERA. At this EC meeting, FFFAI also implemented Digital Learning platform for members and next generation for e-learning. It has been decided that FFFAI would initiate FIATA eFBL here in India to benefit the trade, which empowers customs brokers, freight forwarders and logistics service providers. In addition, updates on the recently held FIATA HQ Meet was also provided by the concerned members of FFFAI. FFFAI members present at this EC meeting stressed upon enhancing productivity on ICEGATE for trade facilitation and Ease of Doing Business. The FFFAI members also urged for creating a dedicated portal for LSP integration. As regard to skill development initiatives, IIFF’s (training arm of FFFAI) past and forthcoming training programmes (both online and classroom/physical) for the entire logistics industry were presented at the EC meeting. In addition, FFFAI’s various initiatives on capacity building through technology/IT also discussed withadequate importance. Recent activities of FFFAI Women’s Wing including organising interactive meetings with Government of India officials and industry experts were highlighted at this meeting which drew huge appreciation from the members. The members committed to expand the activities of the Women’s Wing in all the 28 member association locations to empower/encourage the women logistics practitioners. At this EC meeting FFFAI has signed an MoU with the National Institute of Industrial Engineering (NITIE) with an objective of skilling the aspiring candidates looking for opportunities in the logistics sector. Notably, a special session was organised at this 6th EC Meeting where N Sivasailam, former Special Secretary (Logistics), Ministry of Commerce, Government of India was present to address the FFFAI members and highlight the recent initiatives of the government in strengthening the logistics infrastructure, thereby leading in increase of international trade through multimodal connectivity and faster cargo clearance. He projected the ambitious growth potential of the logistics industry in India with a strong collaboration between government and industry people. Also speaking on the occasion was Bani Bhattacharya, IRS, who interacted with members of FFFAI on various initiatives of CBIC for the trade facilitation without human intervention. FFFAI Chairman Shankar Shinde thanked all the 28 associations for their support and appreciated the contribution of CBIC/DG systems trade facilitation measures. FFFAI Member Associations are: 1. Ahmedabad Custom Brokers' Association2. Aurangabad Customs House Agents Association3. Association of Custom House Agents Thiruvanthapuram4. Bangalore Custom House Agents Association5. Brihnamumbai Custom Brokers Association6. Calcutta Customs House Agents Association7. Chennai Customs House Agents Association8. Cochin Customs Brokers' Association9. Coimbatore Customs House and Steamer Agents Association10. Custom Brokers Association Hyderabad11. Delhi Customs Brokers Association12. Goa Custom Brokers Association13.Indore Customs House Agents Association14. The Kakinada Customs Brokers Association15. Kandla Custom Brokers Association16. Kanpur Customs Brokers Association17. Ludhiana Customs House Agents Association18. Mangalore Customs House Agents Association19. Mundra Customs Brokers Association20. Nagpur Customs House Agents Association21. Nashik Customs House Agents Association22. Nadia Custom Brokers Association23. Pipavav Custom Brokers Association24. Pune Customs House Agents Association25. Rajasthan Customs House Agents Association26.Tuticorin Custom Brokers Association27.Visakhapatnam Cusotms Brokers' Association28.West Bengal Custom House Agents Society FFFAI welcomes Women in Logistics/Youth in Logistics to participate on FFFAI forums and also invites membership application form logistics service providers in industry as this is a big national and international forum to network.

Ecom Express unveils new brand identity

Ecom Express Limited, India’s sole pure-play B2C e-commerce logistics provider as of the Financial Year 2024, has introduced a new brand identity, underscoring its commitment to customer-centricity. This rebranding reflects a focus on addressing specific customer needs, prioritising customer-facing metrics, and integrating innovative technology across its nationwide express logistics network. The goal is to enhance speed, agility, and network reach, ensuring a customer-focused approach. The rebranding includes a dynamic logo and a refreshed visual identity, symbolising Ecom Express’s pursuit of excellence. The new logo features a forward-moving arrow within a square, representing the company’s dedication to delivery. The letter "E" in the logo stands for Expression, Innovation, and Progress, while the bold magenta colour signifies bravery, self-expression, and strength. This vibrant magenta reintroduction reflects Ecom Express's renewed commitment to customers, partners, and team members, as the company aims to simplify and democratise logistics for all. Ajay Chitkara, CEO and MD of Ecom Express, elaborated on the transformation, stating, “Our refreshed brand identity reaffirms our customer-first approach as we continue to integrate technology and innovation to provide reliable, high-speed services with the widest network reach. This transformation also underscores our commitment to our employees and delivery partners, who are essential to our business.” The new logo embodies Ecom Express’s dedication to its core values, focusing on customer welfare and fostering a diverse, inclusive environment. This rebranding signifies a promise to redefine logistics through advanced technology, making life easier for all types of customers.

ESR India inks MoU with Tamil Nadu Government to set up two industrial parks in the state

ESR India, the largest APAC focused industrial and logistics real estate platform, has inked a Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a potential investment of INR 550 crores. The MOU is signed for the launch of two industrial parks in Kancheepuram and Krishnagiri districts of the state over the next five years. Once fully operational, the two projects have the potential to create over 4,400 jobs in the facility, that shall boost the overall socio-economic growth in the region. The MoU was signed at the Investment Conclave 2021 conference held today. It will facilitate ESR India’s proposed investment at Kancheepuram and Krishnagiri industrial parks by helping in streamlining land acquisition, approvals, clearances, and administrative processes as per existing policies, rules, and regulations of the Government of Tamil Nadu. The policy and regulatory reforms unveiled in recent times has accentuated the entry of international institutional players and has set new benchmarks for industrial developments in the country. Commenting on the development, Abhijit Malkani, CEO and Country Head, ESR India said, “We are delighted to announce our affiliation with the state government. The Government of Tamil Nadu has been very supportive in encouraging industrial developments in the state by creating a favourable business climate for industrial players. The MoU will see ESR invest INR 550 crores to develop industrial parks in Tamil Nadu, offering 1,800 direct and 2,600 indirect job opportunities in the facility.” “Our goals are aligned with the vision of the Tamil Nadu government, to create avenues to increase business and trade inclusion opportunities and employment towards garnering better economic growth in the region,” he further stated. ESR India is currently present across 9 cities and 15 locations with a total GFA of 18 mn sq ft. These state-of-the-art facilities will be developed upholding the best practices for ESG and sustainability.

UP government invests Rs 7,064 crore in Dadri multi-modal logistics hub

The Uttar Pradesh government is set to develop a multi-modal logistics hub (MMLH) in Greater Noida’s Dadri, investing Rs 7,064 crore to support its $1 trillion economy goal. This hub will cover 823 acres, with a core development area spanning 455 acres. Key developments include commercial and administrative facilities over 17.5 acres, a rail yard, and other projects across 350 acres. Under Chief Minister Yogi Adityanath’s directives, a detailed action plan has been designed to expedite these initiatives. The Dadri MMLH aims to become a world-class freight handling facility, functioning as a dry port to ensure the swift transit of goods and raw materials. This project is poised to be India's largest logistics hub. Located on the eastern and western dedicated freight corridors, it will serve as a central hub for container handling, warehousing, cold storage, processing, de-stuffing, stuffing, and value-added packing. Providing seamless rail connectivity, the hub will feature rail platforms, customs clearance facilities, cargo segregation areas, truck parking zones, and extensive green spaces. The project is being developed under the Public-Private Partnership (PPP) model, supervised by the Greater Noida Industrial Development Authority and adhering to the guidelines of the National Industrial Corridor Development and Implementation Trust (NICDIT). The Greater Noida Industrial Development Authority has prepared the Master Detailed Project Report (DPR) for constructing the approach track and Rail Over Rail (ROR) bridge from New Dadri station to the MMLH boundary. The Dedicated Freight Corridor Corporation of India (DFCCIL) has approved the DPR for railway tracks and terminal stations within the MMLH. Additionally, the tender documentation for land acquisition and signaling processes for the approach track has been finalized. Concurrently, the development of trunk infrastructure, including boundary work, roads, canals, bridges, utility relocation, and water and power supply, is progressing through various phases.

Changi Airport to prioritise pharmaceuticals and e-commerce amid cargo constraints

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.

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ESR India inks MoU with Tamil Nadu Government to set up two industrial parks in the state

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