Logistics today is about adaption and innovation. Post-pandemic, the logistics sector has transformed. The urgency and need brought on by the pandemic have changed consumer behaviour and commerce forever. The change in variables for logistics led to the retail sector becoming more focused on hyperlocal. Due to increased isolation, the demand for hyperlocal deliveries skyrocketed and continues to grow at a massive pace. Post-pandemic, as well, as seam-less hyperlocal deliveries are the need of the hour with businesses looking to invest in the sector to make it robust and rapid. With increased rapid delivery demand for food, personal care and even healthcare products, both large and small corporations, incumbent business owners and local vendors are shifting towards Q-commerce and E-commerce platforms further catapulting the growth of hyperlocal. This will continue to grow and shape the market at a steady pace. Here are eight trends expected to be witnessed.
VEHICLE CONNECTIVITY VIA HANDSHAKES
Bu hikaye Commercial Vehicle dergisinin January 2023 sayısından alınmıştır.
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Bu hikaye Commercial Vehicle dergisinin January 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
ONGC EXPLORATION PLANS IN BIHAR
Oil and Natural Gas Corp (ONGC) is set to explore oil and gas reserves in Bihar, aiming to establish the state on India’s oil map.
HIGH CAPITAL EXPENDITURE IN ROAD AND RAIL SECTORS
Despite constraints imposed by the Model Code of Conduct for the Lok Sabha election, the road and railway ministries achieved a remarkable capital expenditure of Rs 5.2 lakh crore in the fiscal year 2023-24.
UBER SETTLES LEGAL DISPUTE WITH AUSTRALIAN CAB DRIVERS FOR A $271.8 MN
Uber has reached a settlement of A$ 271.8 million (£97.6 million) with Australian taxi operators and drivers to resolve a legal dispute over alleged income losses since its entry into the market in 2012.
CASE INDIA CELEBRATES THE 20,000TH VIBRATORY COMPACTOR
CASE Construction Equipment’s Pithampur facility in Madhya Pradesh, India, has achieved a significant milestone by producing its 20,000th vibratory compactor.
TATA MOTORS INAUGURATES VEHICLE SCRAPPING FACILITY NEAR DELHI
Tata Motors inaugurated its fifth Registered Vehicle Scrapping Facility (RVSF), near Delhi, named ‘Re. Wi.Re – Recycle with Respect.’ The facility was inaugurated by Girish Wagh, Executive Director, Tata Motors.
PARADIP PORT EMERGES AS TOP CARGO HANDLING PORT IN INDIA
Paradip Port Authority (PPA) has achieved a remarkable feat by clocking an impressive 145.38 MMT cargo throughput in FY2023-24.
BANDRA WORLI SEA LINK TOLL TAX INCREASE
Effective April 01, 2024, the toll charges for Mumbai’s iconic Rajiv Gandhi Bandra Worli sea link have been revised, marking an 18 per cent increase.
INTRODUCTION OF SHUTTLE BUS SERVICES ON ATAL SETU
Uber’s recent launch of shuttle bus services over the Atal Setu represents a significant step towards enhancing urban transportation infrastructure.
LAUNCH OF TRIAD INITIATIVE BY INDIAN DESIGN LEADERS
Indian design leaders gathered at the Indian Institute of Information Technology, Design and Manufacturing (IIITDM) Kancheepuram, Chennai, to launch the TRIAD initiative.
ENFORCEMENT OF 'ONE VEHICLE ONE FASTAG' RULE BY NATIONAL HIGHWAYS AUTHORITY
The National Highways Authority of India (NHAI) has initiated the ‘One Vehicle, One FASTag’ rule to streamline toll collection systems nationwide.
