The Enforcement Team of the Courier and Logistics Regulatory Department of the Nigerian Postal Service has clamped down on illegal courier and logistics ...
“The impoundment of the motorcycles is not to punish them but to make sure that they come to NIPOST to do the necessary things. He advised interested private investors in postal and express. courier and logistics business to follow the due process and obtain a license from NIPOST as stipulated by the extant laws or risk facing the full wrath of the law and prosecution.
In the new normal, the industry faces continuing challenges—like inventory management amidst border restrictions, information and control, storage a..
Automation not only allows for simplification of logistics but also helps the hospitality stay ahead and on schedule thus offering an enhanced customer experience. Tech-driven tools and relevant software are reducing the error margins and increasing responsiveness.Diversification of vendors - Amidst multiple lockdowns, social distancing, and fear of stepping out, the industry faced one of the worst crises in decades.
The new 165,000 square-foot location, owned and operated by FreezPak, will offer cooler and frozen temperature zones and will be run with a new automated ...
The facility anticipates 50 new jobs and is projected to open in July 2023. Building features will include 20 loading docks, 30 trailer parking stalls with container plug-ins and 60 parking spots. “This highly automated facility features 30 robots that will move pallets in and out of the freezer.
Dive Brief: ADUSA Supply Chain, the distribution company that supports Ahold Delhaize USA's grocery stores, announced Wednesday that Sanja Krajnovic is its new ...
Beginning in 2019, Ahold Delhaize USA has been building out its network through a combination of acquisitions and sale-leasebacks, in some cases remodeling facilities to add automation and other utilities. Krajnovic will oversee operations for 19 facilities that handle distribution, transportation and manufacturing. - Krajnovic formerly served as senior vice president of store operations at Dollar General, overseeing 9,300 locations across the country.
Industrial and logistics sector leasing stood at 12.8 million square feet, recording a dip of about 9 per cent year-on-year during the first half of 2022.
The space take-up was down by 17 per cent on a half-yearly basis compared to 15 million square feet recorded in the second half of last calendar year. The space take-up was down by 17 per cent on a half-yearly basis compared to 15 million square feet recorded in the second half of last calendar year. "Focus on operational efficiencies could lead to growth in flight-to-quality leasing. Leasing ofindustrialand logistics space fell 9 per cent annually across eight major cities during January-June this year to 12.8 million square feet, according to CBRE. The property consultant said that leasing activity would improve as continued land acquisition and development completions are lined up in the second half of 2022. "Focus on operational efficiencies could lead to growth in flight-to-quality leasing. "During H1 2022, 3PL (third party logistics) players continued to drive the leasing activity with a share of 46 per cent in the overall transaction activity...Other major leaders of leasing activity were occupiers from engineering & manufacturing (17 per cent) followed by retail (13 per cent), and e-commerce (6 per cent)," CBRE said in a statement.
Bolloré Logistics have successfully transported a Helibras-owned Airbus ACH160 helicopter from France to Brazil in an A300-600ST Beluga.
The company has a collective experience built over more than 5 decades, with projects and contracts worldwide. Bolloré Logistics, being a French company, is a global pioneer and an expert in helicopter and aviation logistics. Moreover, Bolloré also provides services such as liaising with relevant authorities, including providing export and import customs formalities, which are synonymous with being tedious and time-consuming.
Key lease transactions recorded in the city during this period included Stellar Value Chain Solutions leasing 2.50 sq ft in Millennium Logistics Park, ...
However, the leasing activity would improve as continued land acquisition and development completions are lined up in the second half of 2022. ft. recorded in the second half of 2021. industrial and logistics sectorleasing in India registered a dip of about 9% from a year ago to 12.8 million sq ft during the first half of the year. “While global supply chain pressures are easing, we anticipate occupiers to continue to follow ‘just-in-case’ strategies alongside ‘just-in-time’ ones to maintain agility. Mumbaitopped the industrial & logistics space supply with 3.2 million sq ft of development completions in the first half of 2022 and saw around 2.3 million sq ft of space take-up during the period, showed a CBRE South Asia report. During the period, Ascendas India Trust invested around $28 million in an asset of Arshiya Group in Mumbai. Further, led by increase in demand from occupiers, rental values appreciated on a half-yearly basis by about 5-7% in Navi Mumbai - Panvel and Taloja during the first half of the year.
These include 2,75,000 sqft by Flipkart in an independent warehouse, 2,00,000 sq ft by TCI Supply Chain Solutions leasing in Indian Logistics Warehouse and 1, ...
The report further said the leasing in 2022 is expected to touch 28-32 million sqft due to expansion of logistics, e-commerce, engineering and manufacturing, retail and FMCG firms. The report said leasing would improve as continued land acquisition and development completions are lined up in the second half of the year. Most of the space has been taken in the northern corridor due to the expansion of third party logistics players.
CBRE South Asia Pvt. Ltd, in its latest report, 'CBRE Industrial & Logistics Figures H1 2022' revealed that the industrial and logistics leasing in India ...
ft. of new warehouses are estimated to become operational in 2022, registering a growth of up to 12% Y-o-Y. Supply addition is expected to be dominated by Mumbai, Delhi-NCR, Chennai, and Bangalore. Supply addition to pick up the pace: As supply chain bottlenecks have started to ease, project completions are expected to improve in H2 2022. ft., with a growth of up to 12% Y-o-Y. Space take-up would be led by continued expansion of 3PL, e-commerce, engineering & manufacturing, retail, and FMCG firms. Rental growth in key micro-markets across cities would continue in H2 2022, especially, in investment-grade, tech-enabled, and strategically located assets. Similarly, engineering and manufacturing players are likely to prefer warehouses in proximity to industrial hubs. During H1 2022, 3PL players continued to drive the leasing activity with a share of 46% in the overall transaction activity, registering an increase of 10% Y-o-Y. Demand from stakeholders across the supply chain, including wholesalers, retailers, and e-commerce players on account of holding forthcoming higher safety stock, led to increased leasing activity by 3PL players. Supply addition decreased by about 32% during the first half of 2022 compared to 15 million sq. Leasing sentiments to remain positive: Overall leasing in 2022 is expected to touch 28-32 million sq. ft., recording a dip of about 9% Y-o-Y during the first half of 2022. While the share of medium-sized (50,000 – 100,000 sq. Focus on operational efficiencies could lead to growth in ‘flight-to-quality’ leasing. The share of small-sized transactions (less than 50,000 sq.
The Chartered Institute of Logistics and Transport, has said that countries with weak Logistics Performance Institute have high business risk.
The LPI of nations is now the yardstick for measuring their economic resilience and competitiveness. He said, “Country with weak LPI will be vulnerable and susceptible to uncertainty and high business risk. He said, “The importance of logistics in the economic development of nations cannot be overemphasised.