A workshop on “Vision and Investment Potential in the Port System, Maritime Transport, and Logistics in India” was hosted in collaboration with Vietnam National Shipping Lines (VIMC) and the Vietnamese Embassy in India. The event highlighted opportunities for VIMC to expand its market share in India while fostering stronger economic ties between the two nations.
With India’s foreign trade turnover at $776 billion in 2023 and projected to reach $2,000 billion by 2030, the logistics sector presents significant growth potential. VIMC sees this as a chance to create efficient supply chains, connecting Vietnam directly to India’s 1.4 billion consumers.
Le Quang Trung, VIMC’s Deputy General Director, emphasised the organisation's vision to build a comprehensive logistics ecosystem by strengthening maritime routes and investing in port infrastructure with Indian partners. VIMC aims to enhance trade between the countries by developing new shipping routes and establishing “Vietnam House” logistics facilities in India to offer integrated storage, delivery, and freight transport services.
The workshop also revisited VIMC’s direct container lines connecting Cua Lo, Kolkata, and Hai Phong in 2021-2022, which reduced transit times and stabilised supply chains. With a target of $20 billion in bilateral trade, the collaboration marks a step toward achieving long-term maritime and logistics synergies.
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 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.
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.
The Port of Klaipėda has taken a major step toward sustainable logistics by signing a contract with “MT Group” to establish Lithuania's first green hydrogen production and public refuelling station. This initiative is set to revolutionise the port's energy infrastructure, offering a cleaner alternative for powering ships, vehicles, and industrial operations. Under the contract, “MT Group” will provide the necessary equipment for producing green hydrogen through electrolysis using a polymer electrolyte membrane (PEM) electrolyser. The project is expected to generate around 500 kilograms of hydrogen per day, with a total annual capacity of up to 127 tonnes. The hydrogen will primarily support port operations, including powering a vessel designed to collect waste from ships. Additional hydrogen will be available for refuelling public transport, ships, and land-based vehicles, marking a significant step towards decarbonising logistics. The project, which is expected to be fully operational by 2026, reflects Klaipėda Port’s commitment to environmental sustainability. The production facility will operate with a power demand of up to 3 MW and utilise approximately 11 cubic meters of water per day, making it more water-efficient compared to other industrial processes like car washes. The initiative is partly funded by the European Union Investment Programme 2021-2027 and the “New Generation Lithuania” Economic Recovery and Resilience Plan, with a total project cost of EUR 10.5 million. Klaipėda Port’s green hydrogen project sets a new standard for green energy integration in the Baltic region, aligning with global efforts to reduce carbon emissions and embrace renewable energy in the logistics sector.
ECU Worldwide, the global leader in Less than Container Load (LCL) consolidation and a wholly-owned subsidiary of Allcargo Logistics, has announced the appointment of Stephen Dunn as its new Global Finance Director. Based in Dubai, Dunn will be pivotal in overseeing the company’s global finance function and spearheading the transformation of financial processes, setting the stage for the next phase of growth for ECU Worldwide. Dunn joins ECU Worldwide with over 20 years of extensive leadership experience in international organisations across various industries. A qualified Certified Public Accountant (CPA), he previously served as the Global Chief Financial Officer (CFO) of Wings Travel for four years. His prior roles include Regional Finance Director at Vanguard and leadership positions at UTI (DSV), demonstrating a strong track record in financial management. Shashi Kiran Shetty, Founder and Chairman of Allcargo Group, expressed his enthusiasm for Dunn's appointment, stating, “We are delighted to have Steve in the global executive team of ECU Worldwide. His rich expertise and profound understanding of market dynamics make him a valuable addition. I am confident that he will contribute to realising our vision of institution building within the company.” Dunn also shared his excitement regarding his new role, stating, “I am thrilled to be part of ECU Worldwide's executive team. This position allows me to leverage my experience in aligning financial strategies with business objectives, ultimately delivering value to all stakeholders. I look forward to collaborating with the leadership team to advance the organisation’s growth journey.” This strategic appointment underscores ECU Worldwide’s commitment to enhancing its financial leadership and operational excellence in the logistics sector.
trackNOW, a leading Gujarat-based women-led fleet management and advanced telematic tracking solution company has recently raised an extended seed fund of an undisclosed amount. The funding round was led by Yohan Poonawalla, Chairman of the Poonawalla Engineering Group, and Michelle Poonawalla, Managing Director of the Poonawalla Engineering Companies. The company had previously secured seed funding in FY24, led by GI Ventures and BluSmart co-founder Anmol Jaggi, which successfully led the company to accelerate its business growth plans. The latest investment from the Poonawalla Group will enable trackNOW to expand its R&D and boost operational efficiency, which will further solidify its position in the Indian logistics market. Founded in 2016 by Pooja Khemka and Suyash Khemka, trackNOW has emerged as a leader in delivering cutting-edge solutions to streamline fleet management and tracking processes. Known for its focus on minimising turnaround times and reducing operational costs across various industries, trackNOW has garnered immense recognition for its intelligent, technology-driven innovations. “Investing in promising startups like trackNOW is not just about financial returns,” said Yohan Poonawalla, Chairman of Poonawalla Engineering Group. “It’s about mentoring and empowering young, visionary entrepreneurs by providing them with the resources and support needed to succeed. We believe in the transformative power of innovation and are committed to fostering an environment where groundbreaking ideas can flourish.” Michelle Poonawalla, Managing Director of the Poonawalla Engineering Companies, added, “We are thrilled to partner with trackNOW and support their growth journey. This investment reflects our commitment to empowering Indian entrepreneurs. The partnership has the potential to unlock significant value for both trackNOW and the broader Indian economy by driving job creation, enhancing operational efficiencies across sectors, and strengthening India's position in the global logistics market.” Commenting on the investment, Pooja S. Khemka, Co-founder, trackNOW said, “The investment from the Poonawalla Group is a significant endorsement of our vision and a testament to the hard work and dedication of our team. We are honored to receive the support of such a respected group. This partnership will not only provide us with the capital required to scale operations but also invaluable mentorship and industry expertise.”
Shadowfax, a leading player in India’s logistics sector, has acquired CriticaLog, a specialised firm delivering critical logistics solutions, for an undisclosed amount. This strategic acquisition aims to bolster Shadowfax’s capabilities by offering comprehensive and customisable delivery services for high-value items such as electronics, automobile spares, jewelry, and pharmaceuticals. With over 400 clients, including multinational corporations, CriticaLog's expertise will integrate into Shadowfax’s expansive network that covers 2,500 cities and 18,000 pin codes across India. This merger is poised to enhance Shadowfax’s sector-wide reach by blending bespoke logistics solutions with its existing offerings. Shadowfax’s services already include quality check-based reverse logistics, same-day delivery under its "Prime" initiative, quick commerce 10-minute delivery, and hand-to-hand doorstep exchanges. The company recorded significant growth last fiscal year, with operational revenue rising to ₹1,884.8 crore from ₹1,415 crore in FY23, as per data intelligence platform TheKredible. By uniting its expansive infrastructure with CriticaLog’s high-value delivery expertise, Shadowfax aims to set new benchmarks in the logistics industry while meeting the nuanced demands of both e-commerce and D2C clients.
A workshop on “Vision and Investment Potential in the Port System, Maritime Transport, and Logistics in India” was hosted in collaboration with Vietnam National Shipping Lines (VIMC) and the Vietnamese Embassy in India. The event highlighted opportunities for VIMC to expand its market share in India while fostering stronger economic ties between the two nations. With India’s foreign trade turnover at $776 billion in 2023 and projected to reach $2,000 billion by 2030, the logistics sector presents significant growth potential. VIMC sees this as a chance to create efficient supply chains, connecting Vietnam directly to India’s 1.4 billion consumers. Le Quang Trung, VIMC’s Deputy General Director, emphasised the organisation's vision to build a comprehensive logistics ecosystem by strengthening maritime routes and investing in port infrastructure with Indian partners. VIMC aims to enhance trade between the countries by developing new shipping routes and establishing “Vietnam House” logistics facilities in India to offer integrated storage, delivery, and freight transport services. The workshop also revisited VIMC’s direct container lines connecting Cua Lo, Kolkata, and Hai Phong in 2021-2022, which reduced transit times and stabilised supply chains. With a target of $20 billion in bilateral trade, the collaboration marks a step toward achieving long-term maritime and logistics synergies.