Ace Logistics Pvt Ltd

Ace Logistics Pvt Ltd Ace Logistics Pvt Ltd. is a renowned air cargo and custom house agent based in India.

Being a leading freight forwarder and custom broker with offices based in all over India including Ahmedabad, Mundra, Kandla, Mumbai, Nhava Sheva, Pipavav and Gandhidham we offer a full range of air cargo services including airfreight and ocean export, custom and insurance brokerage, project cargo services, import and export clearance and more.

16/04/2020

Workforce shortage and closed borders impact the road freight and distribution service

The economy lock downs across regions are proving to be a nightmare for road freight transportation and distribution services. The labor shortage in the ports and terminal hubs along with border closures have stranded goods; the driver shortage in the trucking industry and reduced fleet deployments have led to supply chain bottlenecks. The global pandemic situation induced a rapid and unexpected rise in demand for online grocery, creating a tailwind for domestic road freight and distribution channels. Distribution challenges were intensified for the consumer goods supply chain due to panic-purchase behavior, resulting in constrained and out-of-stock supplies.

As the rate of infection increases, the demand for pharmaceutical drugs and respiratory hardware equipment is expected to reach new heights with hospital services. The need for medical devices, pharmaceutical goods distribution services and associated value-added services is expected to rise among government and healthcare institutions across the region. This requires pharma/healthcare contract logistics service providers to work closely with their customers to guard against supply chain disruptions, with increased inventory accuracy across the distribution network. This poses an opportunity for logistics companies to utilize on-demand warehousing with the outsourced workforce for value addition and order fulfillment processes to overcome in-house labor shortages and storage space constraints near the major consumption centers.

13/04/2020

Airlines are turning into cargo planes

The airfreight industry has been a vital partner in keeping the global supply chain functioning for critical and time-bound shipments. While COVID-19 speeds around the world, air carriers have grounded their fleets, responding to the plummeting demand and travel restrictions. With severe capacity constraints, air carriers are spot rating all shipments, and the rates are expected to rise with demand. Further, the US ban on passenger flights in the trans-Atlantic route is expected to impact the belly cargo capacity.

The global air cargo demand fell by 3% YoY in January and February of 2020 due to the pandemic crisis, and the decline has been partly offset by increased demand for air shipments of critical relief supplies and other intermediate goods. Many US, Europe, and South Korea-based air carriers have placed their idled jets to work and utilize empty passenger aircraft for the movement of medical/pharmaceutical and food supplies across the key international freight hubs. Governments are expected to remove economic impediments and terminal slot restrictions for air cargo operations supporting the flow of sensitive goods.

11/04/2020

Maritime Industry - COVID 19

The global maritime industry has been impacted both directly and indirectly by the COVID-19 outbreak. Weakening manufacturing confidence and low demand for commodities and raw materials are heightening the uncertainty for the ocean freight transportation industry. Strict containment measures imposed by governments around the world and preventive measures to mitigate the outbreak impact have led to a significant port calling, driving a knock-on effect globally with declined trade and cargo volumes in the Western US and North European ports.
The dramatic contraction in Chinese output has hampered the global manufacturing supply chain, reducing the cargo volume in the major ports of China and increasing bottlenecks in the domestic road freight transport sector. Industries that rely heavily on the Chinese supply base for intermediate and finished products, with lean and just-in-time inventory models, are expected to shift their production logistics using near-shoring by increasing inventories to warehouses in their domestic markets.

Ocean transportation in the slow lane

China hosts two-thirds of the top 10 busiest ports in the world and meets more than 40% of the world maritime trade. The economy shutdown has led to supply shortages, and the pandemic situation is taking a toll on the global maritime segments, from oil tankers to container lines. The slump in cargo volume has led to increased carrier service cancellations and delays, and blank sailings are being announced by major carriers. The trend is expected to continue considering the uncertain market condition and measures to address the supply/demand imbalance. If the situation prolongs, carriers are expected to opt for heavy capacity reduction measures, which would impact the fleet-to-order book.
The major container carriers are at low risk for bankruptcy with this COVID-19-induced downturn as they use blank sailings to counter the impact. However, the small and medium-sized carriers are highly exposed and vulnerable to this unprecedented situation. With weakening investor confidence accompanied by a force majeure situation on energy-related projects, an outbreak in the Middle East, and steep cuts in OPEC oil production, Chinese exports on breakbulk and project cargo are expected to decline in the near-term, impacting the demand growth for heavy lift and multipurpose vessels (HLV/MPV). The widespread impact of COVID-19 accelerates the freefall in the price of VLSFO (very low sulfur fuel oil), reducing the bunker cost. Following the crash of oil prices, the extra cost of the IMO 2020 rule will be deferred until the global economy normalizes, posing a short-term relief for the container lines hit by slumping cargo volumes.

Happy Diwali
24/10/2019

Happy Diwali

21/08/2019

Is there a future for electronic bill of lading..??
The Bill of Lading, is one of the most important documents’ in global trade and has been around for many years..

The paper form of the bill of lading is still the leading form and is most commonly used when a Bill of Lading is issued as a Negotiable instrument (Ocean Bill of Lading)..

Is there space in the shipping world however, for an Electronic Bill of Lading..??

Some may argue that there is already an Electronic version of the Bill of Lading and that is the Sea Waybill of Lading..

A Sea Waybill of Lading which is also issued by the shipping line is neither negotiable nor signed and it does not require presentation of any negotiable paper document for delivery at destination and is generally circulated by email..

Also, a Sea Waybill of Lading only fulfills two of the 3 roles of the Bill of Lading 1) Evidence of Contract of Carriage and 2) Receipt of Goods.. It does not fulfill the role of Document of Title which is one of the key roles of a bill of lading when issued as a Negotiable Document..

image for EBLSo the question is whether there is space in the shipping world for a Negotiable Electronic Bill of Lading which is electronically signed by the carrier and maybe printed at the office of the shipper or freight forwarder..

30/04/2019

Etihad plastic-free to Brisbane on Earth Day

ABU DHABI: April 26, 2019.

Etihad Airways has become the first Gulf airline to operate a flight without any single-use plastics on board when one of its B787-9 aircraft landed in Brisbane on Earth Day this year.

Etihad B787 9The milestone flight is part of Etihad’s ongoing commitment to the environment, to go beyond Earth Day celebrations and pledge to reduce single-use plastic usage by 80 percent not just in-flight, but across the entire organisation by the end of 2022.

Etihad says over 95 single-use plastic products are used across its aircraft cabins. Once removed from the Earth Day flight, Etihad prevented over 50kgs. of plastics from being landfilled.

Passengers enjoyed replacement products including sustainable amenity kits, award-winning eco-thread blankets made out of recycled plastic bottles, tablet toothpaste and edible coffee cups while children were treated to eco-plush toys.

As a result of planning the Earth Day flight, Etihad has committed to removing up to 20 percent of single-use plastic items on board by June 01, 2019. By the end of this year the airline says it will have removed 100 tonnes of single-use plastics from its inflight service.

08/01/2019

Supply chain skills for the future – Contd

What’s changed?

A number of external factors have contributed to this urgent realignment and prioritisation of expertise and capability development. First is the growing complexity of business and the level of agility required to meet increasing customer demands, which requires increasing excellence in ex*****on.

Then there’s the elevated role of supply chain within the wider organisation as a creator of value, rather than just a service function or cost centre. This demands a broader understanding of the business through all levels of the supply chain.

Acting as the ‘glue’ between multiple parts of the business — as well as with customers, suppliers and other external partners — requires a shift in skills beyond pure functional supply chain expertise to less tangible social skills around communication and influence. This draws on analytically minded, problem-solving skills to make more effective business decisions, as well as keeping assembly lines running and delivery promises to customers.

Finally, the explosion of new technologies enabling the automation of previously manual activities and the augmentation of other human-led capabilities, have given rise to a new of era of digitalisation requiring new levels of skills and new ways of working.

Once harnessed, digital technologies provide opportunities to deliver innovation in both product and process for the benefit of the customer. They’re also putting pressure on organisations to develop new capabilities and lead the existing workforce through a period of uncertainty.

08/01/2019

Supply chain skills for the future

The supply chain team of the future will look very different from the one we’re familiar with today. In some cases, the team will need radically different skills and capabilities. Many of these skills fall outside the traditional realms of functional supply chain expertise.

It almost goes without saying that people are one of a supply chain organisation’s biggest assets. Although investment in talent is a top priority today for many supply chain leaders, this hasn’t always been the case.

Rewind just a couple of years ago. A 2016 Gartner survey of 261 supply chain leaders revealed that talent development was a top investment priority for only 28 per cent of respondents, a mere 12th on the list of other competing investment buckets.

Supply chain has been, and always will be, an ongoing balancing act of competing priorities. Can supply chain leaders really afford to continue to devalue talent in favour of the functions they serve? In the many conversations Gartner has had with the supply chain community over recent months, the answer is increasingly a resounding “No!”

to be Continued.....

01/11/2018

Software Provider E2open Buys Shipping Platform Inttra

Software company E2open LLC is acquiring container shipping booking platform Inttra Inc., extending consolidation of the supply-chain management technology arena into the nuts-and-bolts of ocean transportation.

E2open said it would integrate the shipment-booking platform connecting container shipping lines and ocean freight forwarders into its software, giving the company a hand in executing transportation transactions. Parsippany, N.J.-based Inttra has more than 60 carriers and all of the world’s top 30 freight forwarders on its platform and says it handles about a quarter of total container movements world-wide.

01/11/2018

London leads way in making greener logistics a reality.....People in the business have been saying to us for years that running logistics operations in London is uniquely complex, with the high population density and slow moving traffic. But at the same time everyone wants their logistics operations to be cleaner and greener, and the Ultra Low Emission Zone (ULEZ), which comes into effect in London next April, could be just the catalyst (pun intended) to bring that about.

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