It has been an avalanche of M&A – in the fullest sense of the term – for listed Indian port operator Adani Ports & Special Economic Zones (APSEZ, to give it its full name) in recent months.
It may have gone largely unnoticed outside India, but amongst traders at the Bombay Stock Exchange, where it...
https://theloadstar.com/ma-radar-adanis-indian-empire-swells-as-trouble-looms-abroad/
Trade between China and India has suffered following a deadly border skirmish last month.
Since the brutal clash in the Himalayas on 15 June, which reportedly left 20 Indian soldiers dead, retaliatory measures between New Delhi and Beijing quickly spilled over into increased customs checks and delays for Chinese shipments entering India.
However, freight forwarders in India told The Loadstar exports from both sides had been affected.
“There are instances where buyers in …
The post India/China...
https://theloadstar.com/india-china-armed-clash-sparks-delay-and-extra-costs-to-cross-border-trade/
Following the deadly clash of Indian and Chinese troops along the disputed border in the Himalayas, numerous reports out of India suggest that customs officials have been told to physically inspect every ex-China import container unloaded at Indian docks. According to BNN Bloomberg: “From active pharmaceutical ingredients that go into the world’s most-consumed drugs to the innards of popular mobile phones, Indian companies purchase Chinese raw materials that feed their …
The post China shipments...
https://theloadstar.com/china-shipments-stuck-at-india-ports-show-casualties-of-standoff/
The Competition Commission of India has confirmed that it is investigating a complaint about anti-competitive practices in India filed by Singapore’s port operator PSA, which operate the fourth container terminal at the country’s flagship box gateway of Jawaharlal Nehru port. PSA had claimed the port’s private operators – DP World and APM Terminals – had prevented the PSA unit from collecting export containers arriving by train at the port for …
The post Dubai’s DP World seeks to quash India...
https://theloadstar.co.uk/dubais-dp-world-seeks-to-quash-india-antitrust-probe-over-mumbai-port/
Indian logistics operators must increase diversity within their workforce if they are to succeed in the future.
The executive director of Awesome, Nancy Nix, told delegates at Fiata’s World Congress in Delhi last week that homogenised workforces were less effective than those more diverse.
“Particularly when you look at leadership teams; those that look the same are often a loss less effective than those that don’t,” she added.
“This problem isn’t exclusive to India. In …
The post Indian...
https://theloadstar.co.uk/indian-government-backs-drive-get-women-logistics/
Cheap labour has delayed the digitisation of Indian logistics, but forwarders are beginning to recognise the benefits of automation and its global opportunities.
At this week’s Fiata World Congress in Delhi, chief executive of Freight Systems David Philips said the country had made “tremendous” efforts in recent years, but more was needed.
“These tremendous efforts are showing obvious results, just look at India’s World Bank rating – it has never been higher,” he said.
“There …
The post Cheap...
https://theloadstar.co.uk/cheap-labour-still-diverting-indian-logistics-players-new-technology/
India’s government and logistics operators are looking to barges to bring down the cost and improve the routing of domestic cargo.
Promoting the use of barges was welcomed by the Federation of Freight Forwarders Association in India’s Debashis Dutta.
“Inland waterways offer the cheapest form of internal transport, and government is motivating companies to use this over road and rail,” Mr Dutta told The Loadstar on the sidelines of this week’s FIATA World …
The post India’s forwarders eye more...
https://theloadstar.co.uk/indias-forwarders-eye-use-barges-reduce-logistics-costs/