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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.?
We bring you this week a collection of a few important events from India and around the world to give an overview of how the last couple of weeks looked like. Also, below is the link to the latest edition of Logistics Insider magazine. Click on to download and immerse yourself in the world of logistics.
During her remarks, President Murmu underscored the unique importance of the railways, she said unlike any commercial organisation the railways is a social lifeline of the country. Besides, it carries the dreams of ordinary people and at the same time, its nationwide connectivity showcases nation's diversity, the President said.
Yogita Raghuvanshi, India's first female truck driver, recently shared her experience of life on the road during a speech at the launch of Highway Heroes by AITWA. Speaking with great courage, Yogita discussed the difficulties that drivers endure while driving in the presence of Special Secretary (Logistics) Sumita Dawra.
Just before the G20 summit, the Agricultural Market Information System (AMIS), headquartered in Rome, highlighted the disruptive impact of India's rice export restrictions and concerns related to El Nino on global rice markets. Thailand's rice prices have surged by 20% in the past month as a result. India, a major producer of food grains, had imposed bans on wheat exports and imposed export taxes on various types of rice to boost domestic supplies.
In the year 2022, CSMIA enabled the export of 1,123 tons?of mangoes - a number that has increased to an impressive 4,700 tons in 2023. The key aspect contributing to this groundbreaking achievement is the recent approval granted by the United States Department of Agriculture (USDA) for the export of Indian mangoes to the United States. This milestone development opens up the market for Indian mangoes in the USA, marking a significant moment for mango lovers.
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Cold Chain Unbroken 2023 (CCUB 2023) unfolded as a two-day industry extravaganza, where supply chain and logistics experts converged to explore cutting-edge advancements in the field. Organized by WIZ Freight, the event revolved around the central theme of building a resilient cold chain infrastructure and was designed to inspire, inform, and innovate.
In a recent report published by Locus titled "Deciphering Asia's Final Stretch Development," an impressive 79% of businesses throughout Asia are leveraging technology to optimize their last-mile operations. However, a staggering 84% express a lack of confidence in their processes to foster growth and enhance customer experiences. These findings underscore the widespread adoption of technology in the industry, yet they also reveal that many businesses struggle to harness its potential fully.
To accommodate the surge in coastal shipping activity, we can expect substantial investments in port infrastructure and connectivity enhancements. This anticipated development could lead to quicker turnaround times, increased cargo handling capacity, and more streamlined logistics operations, ultimately reducing overall transportation costs.
We have closely observed the intricacies of global trade, and this unfolding situation demands our attention. India's suspension of visa services for Canadian citizens and the ensuing war of words have dominated headlines, painting a bleak picture of bilateral relations. However, beneath the surface, there lies an untold story of burgeoning trade, economic collaboration, and untapped potential.
With infrastructure challenges persisting, Goa's logistics sector remains stuck in a state of stagnation, and industry insiders are now looking to policymakers to translate their promises into concrete actions by addressing the sector's identified shortcomings. While assurances of developing Goa as a logistics hub have failed to attract fresh investments, the opening of the international cargo terminal at the Manohar International Airport, Mopa, has given the industry player a newfound optimism.
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