Survey suggests multi-fuel future for shipping industry
Shipping companies are getting ready for a multi-fuel future and the need to prepare for fleets operating on three or more fuel families, according to a survey by the Global Maritime Forum; The most common mix by 2050, represented by 45 percent of respondents, is a fleet concurrently running vessels on fuel oil/biodiesel, methane, methanol, […]
India’s e-commerce logistics space on track to exceed 10 billion parcels by FY28: Redseer
According to the latest report by Redseer Strategy Consultants, the Indian e-logistics market continues to see meaningful growth in FY23. Total shipments (forward+ reverse) for e-commerce logistics grew to more than billion in FY23 (ex of hyperlocal shipments). Within this pie, in-house logistics vs third-party players had a roughly equal share. During the course of […]
Logistics sector facing headwinds, but lessons learnt during pandemic come in handy
The renewed tech push in e-commerce is expected to have a significant impact on the logistics and supply chain industry and could revolutionise the way businesses operate, says Pankaj Sachdeva, Vice President, Data Science & Analytics and Managing Director, India Innovation at Pitney Bowes Pitney Bowes, the US-based $3.5 billion global shipping and mailing company […]
Very nature of logistics demands more women in industry
Logistics industry needs women and it is not the other way around. Women inherently possess skills and attitudes that can be very beneficial to a solution- providing and dynamic industry like the supply chain. Every year on March 8, the world celebrates the social, economic, cultural, and political achievements of women. International Women’s Day (IWD) […]
Maersk releases API- integrated reefer solution
A.P. Moller – Maersk (Maersk) has announced the launch of the new Captain Peter Integrated package, enabling data integration with Application Programming Interface (API). The solution will reportedly allow customers to get the raw data log with temperature readings into their own system of choice. It could be their own transportation management system or a […]
Baring EQT could deploy $4-5 b in India over 3 years: Jean Salata, Chairman, EQT Asia
Since 1998, BPEA EQT has deployed $5.5 billion in India in companies like Mphasis, Hexaware, CitiusTech, VFS, RBL Bank, among others. Of this, over $4-5 billion was in the last five years. Stockholm’s EQT also has a $1-billion commitment in renewable and data centre platforms in India and has already deployed 50% of that. In […]
