Kochi set to become major shipbuilding hub

Kochi is set to become a major hub of shipbuilding and repair with the inauguration of a 310-metre dry dock and an international ship-repair facility (ISRF) of Cochin Shipyard Limited (CSL) by Prime Minister Narendra Modi on Wednesday. He will also open an LPG import terminal of the Indian Oil Corporation at Puthuvype. Both the projects together cost around ₹4,000 crore.“The CSL facility will in turn become the largest ship repair and dry dock facility in South Asia. This will help…
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Source: https://www.thehindu.com/news/national/kerala/kochi-set-to-become-major-shipbuilding-hub/article67744570.ece/amp/

Jump in cargo rates to hurt trade, India needs own shipping line: Exporters – Business Standard

Jump in cargo rates to hurt trade, India needs own shipping line: Exporters  Business Standard
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Source: ”
https://www.business-standard.com/industry/news/jump-in-cargo-rates-to-hurt-trade-india-needs-own-shipping-line-exporters-124011600944_1.htmlRhttps://www.business-standard.com/amp/industry/news/jump-in-cargo-rates-to-hurt-trade-india-needs-own-shipping-line-exporters-124011600944_1.html

US logistics firm opts for hydrogen trucks after testing and rejecting battery electric fleet

IMC, the largest company in the US hauling containers from ports to warehouses, has ordered 50 Nikola fuel-cell trucks for its operations in California, Arizona and Nevada, after disappointing results from two years of testing battery-electric vehicles. The firm had purchased six Class 8 battery-electric trucks from Volvo in September 2022, as well as installing charge points capable of serving a fleet of 30, but found them wanting. “The main challenge with battery [electric vehicles] is…
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Source: https://www.hydrogeninsight.com/transport/us-logistics-firm-opts-for-hydrogen-trucks-after-testing-and-rejecting-battery-electric-fleet/2-1-1584047?zephr_sso_ott=SQGJwn

A Tribute to the Pioneering Spirit of Indian Startups on National Startup Day

In the dynamic realm of logistics and supply chain management, innovation is the heartbeat, and the unsung heroes driving this transformative journey are the startups that have become the catalysts of change. On the occasion of National Startup Day, we delve into the remarkable contributions of logistics and supply chain startups, unravelling their impact on reshaping the industry.

Logistics Startups: A Digital Renaissance

In the intricate web of supply chain dynamics,…
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Source: https://www.logisticsinsider.in/revolutionizing-logistics-a-tribute-to-the-pioneering-spirit-of-indian-startups-on-national-startup-day/

After A Decade Delay, Work Resumes On Rs 5,885 Crore Project

Work has finally commenced on the long-stalled Rs 5,885 crore Chennai Port to Maduravoyal elevated expressway project. The project encompasses the construction of a new double Tier 4-lane Elevated Corridor stretching from Chennai Port to Maduravoyal in Tamil Nadu. J Kumar Infraprojects Ltd, based in Mumbai, has initiated groundwork on the Cooum River near Casino Theatre in the heart of the city. The National Highways Authority of India (NHAI) has awarded the Chennai Elevated Corridor to J…
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Source: https://swarajyamag.com/amp/story/infrastructure/chennai-port-maduravoyal-elevated-corridor-after-a-decade-delay-work-resumes-on-rs-5885-crore-project

AI-Based Address Correction Platform Unveiled by Ecom Express; can enhance delivery quality by up to 60%

In a significant move towards addressing the complex challenges related to last-mile logistics in India, Ecom Express Limited has introduced Bulls.ai, an innovative AI-based address correction platform. This groundbreaking solution, drawing insights from the extensive data of almost 2 billion parcels delivered by Ecom Express, aims to simplify the delivery process for e-commerce parcels, particularly in small towns and cities across the country.

Addressing a prevalent issue…
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Source: https://www.logisticsinsider.in/ai-based-address-correction-platform-unveiled-by-ecom-express-can-enhance-delivery-quality-by-up-to-60/