Feelin' Good..!
Greetings Readers! 🙏🏼
Our supply chains are continuously evolving 🌀 and every day we find ourselves at the forefront of exciting developments 🧩 that shape the future of trade and logistics. We aim to ultimately bring to you a collection of news pieces and articles 📰 that justify the aforesaid perception of the supply chain ecosystem.
The year 2023 left behind a string of disruptions, the aftershocks of which can still be felt as we start cruising 2024. But in the face of challenges, only those who sustain themselves show exemplary resilience and agility. This week's newsletter brings to you a few such examples of resilience that push the logistics and supply chain industry beyond precarious paths.
In line with the ongoing "force restructuring and optimization" initiative aimed at reducing manpower by around one lakh personnel by 2027, the Army is phasing out its animal transport fleet, and inducting logistics drones, robotic mules, all-terrain vehicles, and rough-terrain vehicles.
The analysis identified third-party logistics (3PL) players as the primary driving force behind this growth, contributing approximately 73% of total leases. Following closely were engineering & manufacturing and retail firms. Bhiwandi emerged as the leading area for space occupancy, adding another accolade to its achievements.
Under this agreement, IATA collaborates with the aviation industry to develop practical tools and operational recommendations based on technical instructions agreed upon at the government level through ICAO. These recommendations and tools are then issued as the Dangerous Goods Regulations, serving as global standards applicable across the entire value chain – encompassing manufacturers, shippers, airlines, freight forwarders, and ground handlers, according to IATA.
Strategically positioned in proximity to key customers in the automotive OEM and components sectors, the Phaltan warehouse will play a pivotal role in managing inbound logistics for manufacturing and distribution solutions catering to diverse clients in the automotive and manufacturing sectors within the region. The first phase of the facility has already been contracted to a manufacturing customer, slated to function as their national logistics center, with operations commencing in Q3 2024-25.
Recommended by LinkedIn
In a significant move towards bolstering the UAE's role in global food supply chains, Etihad Cargo, Abu Dhabi Airports, and Abu Dhabi Food Hub have inked a tri-party Memorandum of Understanding (MoU) to create the 'Fresh Corridor 2.0.' This collaborative initiative aims to establish a fully compliant and transparent perishable air corridor, fostering diversification of food sources, creating new trade corridors, and enriching the variety of products available for regional consumers.
The report emphasizes that incorporating AI into supply-chain management is enabling organizations to reduce logistics costs, manage inventory more efficiently, and enhance service levels. It highlights the evolving trends in inventory management in an uncertain market, noting that just-in-time supply chains are less prevalent, and the just-in-case inventory model is being refined to strike the right balance between resilience and cost management.
Maersk and Hapag-Lloyd recently announced the creation of a groundbreaking long-term operational collaboration named the Gemini Cooperation. According to industry experts at Alphaliner, this move is poised to disrupt the current shipping alliance landscape. Scheduled to commence operations in February 2025, the Gemini Cooperation seeks to establish a best-in-class global network characterized by superior schedule reliability, competitive transit times, and a reduced carbon footprint.
Adani Ports and Special Economic Zone Ltd (APSEZ) has once again made a significant mark in maritime history with an outstanding achievement at its Adani International Container Terminal (AICTPL) in Mundra. On January 21, 2024, the container vessel MV MSC Livorno accomplished a remarkable feat by successfully exchanging 16,569 TEUs at the port before commencing its journey. This achievement surpasses the national record of 16,400 TEUs, previously set by AICTPL at Adani Mundra Port on July 22, 2022, when the MSC Danit achieved a similar milestone.
Bonus Read 🎰
p.s. I ship cars. VP of DEALER SUCCESS for ShipYourCarNow/President of Don Brady Consulting INC 33.5k followers
10mo😎🌴