The Express Industry Council of India (EICI), the apex body comprising Blue Dart, DHL, FedEx, Aramex, UPS, DTDC, First Flight and GATI among others, is concerned with the high logistics costs. In a recent move, the body has justifiably pointed out to the government that logistics costs would not come down if the policy was not amended. The National Logistics Policy, 2018, was drafted by the government’s Department of Commerce’s Logistics Division in February this year. The department also simultaneously decided to create an ‘IT backbone’ to develop the National Logistics Information Portal which would serve as an online marketplace for logistics service providers, buyers, government agencies (Customs, railways, ports, waterways, coastal shipping) etc. The draft policy maintains that “an efficient and reliable logistics network coupled with a transparent and consistent cross border trade facilitation process is a key driver of export competitiveness in the country”. It goes on to point out that an efficient logistics ecosystem would also encourage investments in the country, especially Foreign Direct Investment and would in turn positively impact international trade.
The draft national logistics policy aims to reduce the logistics costs from 13-14 per cent of GDP to 10 per cent “in line with best-in-class global standards”. And, since EICI represented both national and international express entities, it wanted the logistics department of the government to focus specifically on reducing logistics costs in air cargo delivery.
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T-MINUS … TO BLAST-OFF
The countdown has started: 2020 could well be the year when Branson, Musk or Bezos-inspired inter-galactic journeys will be possible. More than the touristic bit, such travel will augur well for aviation, when a flight from New York to Shanghai or a Sydney-London/New York will be done in about 60 minutes.
Hightime to enforce rules
The Ground Handling business is time-sensitive and requires massive investment. Perhaps, what is most important, writes PREM BAJAJ, is the strict adherence to safety and security and that can only be achieved if the Ground Handling Regulations are followed in letter and spirit.
Who's jealous of Ms Ida Gomez?
Ida Gomez Llanos is angry – very angry.
Fasten seat belts – now!
Indian Aviation faces its toughest test in 2020. It has to contend with rising in operating costs from jet fuel and import of aircraft spare parts and consumables and the differential aviation fuel pricing in each state, to name just a few. MARK D MARTIN dreads the return of the 1980s scenario when air travel was an Emergency or Imperatively Urgent Travel Medium and rail the first choice for the middle class Indian.
Flying on the razor's edge in 2020
The year that has gone by – 2019 – was possibly the worst year for Indian aviation. Not only did it see the demise of Jet Airways but there was red ink on the balance sheets of domestic carriers. November 2019 brought relief to the industry as double-digit growth came back. Will that trend continue, asks AMEYA JOSHI?
Aircargo's unsung heroes will come out smiling – again!
Bharat Thakkar takes a look at the present dismal air cargo scenario but predicts that the sector’s stakeholders will be able to ride out the turbulence.
What Awaits Indian Aviation In 2020?
We have been told that the demise of Jet Airways has not affected aviation growth and all seems to be well but 2019 was one of the worst years in Aviation Safety, writes Capt A Ranganathan. It is time we looked at passenger safety. Airlines should realise that yield is more important than load factor. Until this wisdom dawns, we will see more carriers biting the dust.
LCCs Find Solace In Cargo
IndiGo and SpiceJet have been focusing on boosting cargo and have witnessed success. Today, quite a large percentage of cargo – domestic and international – is being handled by the two carriers. A report.
Jaffna airport becomes operational
The first international flight to land at Jaffna airport was an Alliance Air flight from Chennai.
Drought In The Time Of Plenty
How do you explain the Indian aviation market when you have the country’s largest airline declare a huge, more than anticipated loss and just a week later make one of its biggest-ever aircraft acquisitions of 300 single-aisle Airbus planes worth more than $33 billion at list prices?