We are back to that time of the year when festivities rule the roost. So, how are consumers globally opening up to festive buying amidst the waning worry of the pandemic and increasing inflation? Let’s peek into some industry surveys. Deloitte’s annual holiday retail forecast pegs 2022 holiday retail sales to rise to between 4-6%. …
How Does The Logistics Industry Fuel The Festive Rush? Read More »
Introduction The Indian Rupee depreciation has been the worst in the past 4 years, with over 6% depreciation against the U.S. Dollar since January 2022. Usually, depreciation signals a smile for exporters, remittance receivers and those earning in dollars, and a frown for importers. However, the current situation is not benefiting the exporters particularly. What …
How Does Rupee Depreciation Impact The Logistics Sector? Read More »
The logistics industry is fast-paced and for organizations to stay in the competition and be successful, they need to stay abreast of all the new trends that are changing the way business is done. The past two years have been tough for the logistics industry with the supply chain crisis and ever-increasing freight costs, which …
Your business’ sustainability and profitability depend on circular supply chain. Know how. A shift in the supply chain is underway In the present times, sustainability in business ranks highly on the list of stakeholders’ concerns. Not to forget, governments globally are stringently driving forward the mandate of running sustainable business practices to meet the metrics for climate …
Circular Supply Chain Management In The Logistics Industry — An Overview Read More »
This blog enlists three reasons why waterways could be the future of freight movement in India. Indian freight logistics sector — A quick look India has been the world’s fastest-growing major economy in the past five years owing to the increasing demand for goods and services. The freight movement both, domestically and beyond the borders has created economic opportunities …
A quick read on the ramifications of the conflict on all the four modes of transport Out of the pandemic; Into the war Just when we got some respite from the threatening pandemic, there came the news of the Russian invasion. Soon, the threat of this invasion became so huge that its ramifications were begun to be …
How Will The Russian-Ukrainian War Impact Global Logistics? Read More »
The Indian scenario Customs Clearance is a complex and time-consuming process for every export business. In India, every consignment is manually examined to impose different kinds of export duties. Additionally, the documentation process and the export customs clearance also get complicated owing to: The high import tariffs Multiplicity of exemptions Export promotions. However, post-pandemic, India is …
Export Custom Clearance Procedure in India — An Overview Read More »
India’s wheat ban is causing a dilemma. It aims to meet domestic demands but could hurt Indian trade. Read on. India’s wheat export ban — The story so far India is the world’s second-largest wheat producer. However, it contributes to less than 1% of the international wheat trade. The government retains a major share of the …
India’s wheat ban export — What does this decision imply for India’s trading sector? Read More »
A quick read on the key freight methods and how to choose the right one for you Freight methods: Multiple options; great confusion If you are considering shipping goods of any quantity, you’ll realise that there are a variety of options at your disposal. These include Full Container Load (FCL), Less Than Container Load (LCL), …
Do you aspire to import and export goods? But are you aware that the government doesn’t permit the international trade of all goods? Confused and wondering where to find the details? Worry not, this blog has got you covered. Role of the DGFT in India’s international trade policy For enterprises based in India keen to …
Not all goods can be imported and exported into/to India. Did you know that? Read More »