CARGOCONNECT-MAY23 - Flipbook - Page 62
N EWS
TVS SCS secures
contract from the
UK Ministry of
Defence
Despite intensifying competition
threats, Delhivery remains the
largest player in the e-logistics
space by a comfortable margin.
D2C brands across channels
are expected to grow overall GMV
at 35 per cent in next few years,
with brand.com accounting for a
significant share of this growth.
A total of US$33 billion of GMV
is expected to be generated from
D2C brands across all channels
by CY27.
India’s e-commerce logistics market will see
10 bn parcels shipped by FY28: Reedseer report
I
ndia's e-commerce logistics
industry saw total shipments
reaching 4 billion in FY23,
riding on new categories, directto-consumer (D2C) brands along
with continued growth in smaller
cities, a study by Redseer Strategy
Consultants showed.
At present, India's e-commerce
logistics space is on track to comfortably exceed 10 billion shipments
by FY28 at a minimum compound
annual growth rate (CAGR) of 20
per cent, according to the report.
Logistics players with relevant and customised offerings for
D2C brands are well-positioned
to capture market share in this
high growth segment as well
as have a stronger yield profile
going forward, the report said.
Shipping Minister Sonowal launches ‘SAGAR-SETU’
mobile app of National Logistics Portal Marine
U
nion Ports, Shipping and Waterways Minister Sarbananda
Sonowal recently launched the
‘Sagar Setu’ mobile app of National
Logistics Portal Marine.
“The app has been envisaged with
deliverables covering features like login
module, service catalogue, common
application format, letter of credit,
bank guarantee, certification, and track
& trace, etc.," the ministry said in a statement.
It will provide real-time information of activi-
ties that are generally not in
reach of the importer, exporter,
and customs broker including
vessel-related information, gate,
container freight stations and
transactions on fingertips.
According to the ministry, it
also enables digital transactions
for payments required for the
clearance process of import and
export like container freight station charges, shipping
line charges, transportation charges, etc.
CMA CGM and MSC add Ennore call on Australia
Express/NEMO Service
C
MA CGM and MSC
announced that their
joint North Europe
Mediterranean Oceania (NEMO)/
Australia Express (AEX) service
62 | CARGOCONNECT MAY 2023
will expand its port
coverage with a
direct call at Ennore
(Chennai, India) on
the westbound leg
starting June 2023.
The first vessel will
be m/v APL MEXICO
CITY voy. 0NNFKW1MA scheduled to arrive at Ennore on June 9.
"This new call will offer our
customers a fast export connection
from the main commercial area in
South East India to Europe together
with a direct import connection
from Australia and Singapore,"
reads the service update.
The revised NEMO/AEX service will call at Ennore – Colombo
– Malta – Valencia – London
Gateway – Rotterdam – Hamburg
– Antwerp – Le Havre – Fos Sur
Mer – La Spezia – Malta – Pointe
Des Galets – Port Louis – Sydney –
Melbourne – Adelaide – Singapore
– Ennore.
VS Supply Chain Solutions
Tlargest
(TVS SCS), one of India’s
and fastest growing
integrated supply chain solutions
providers announced it has won
a contract for the supply of
spares, consumables and accessories for the Land Rover Wolf
Platform from the UK Ministry of
Defence (MOD), acting through
its agent, Babcock Land Defence
Ltd. The agreement is for two
plus one-year, and will see TVS
SCS use its accredited inventory
management, procurement
and supply chain expertise to
ensure the optimum availability
of spares for this legacy vehicle
platform. TVS SCS along with the
post-design services contractor
will continue to address to support the availability and upkeep
of the platform.
Longhao Airlines to
connect Zhengzhou
and New Delhi with
weekly freighters
elhi International Airport
Dmaiden
Ltd (DIAL) welcomed the
freighter flight operated
by Zhongyuan Longhao Airlines
(China Central Longhao Airlines)
on April 13. According to Delhi
International Airport (DEL), the
cargo airline will operate two
flights per week from Zhengzhou
with a load capacity of 100 MT.
Zhengzhou is a major manufacturing hub, and state-owned
companies there can leverage
this dedicated freighter service
between Zhengzhou and New
Delhi. Also, other industries
in China, such as textiles,
pharmaceuticals, and consumer
goods, would benefit from this
service. India’s textile, pharma,
automotives and electronics
manufacturing industries will
equally be able to take advantage of the increased capacity
and faster delivery times being
offered by the freighter.