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Global air freight demand continued to strengthen in September 2026, prompting shippers to favour shorter-term and more flexible capacity agreements as rising demand, elevated rates and market volatility make long-term commitments increasingly difficult. According to data from Xeneta, global air freight volumes increased 6% year on year in September, following similar growth of 6% in August and 5% in July. Demand growth has outpaced capacity expansion, with global air cargo capacity rising only 2% year on year in September. As a result, Xeneta’s dynamic load factor increased by two percentage points to 62%. The tighter demand-capacity balance has also kept freight rates elevated. Global air cargo spot rates averaged $3.10 per kg in September, 27% higher than a year earlier and 2% above August. Seasonal demand at the end of the third quarter, alongside higher jet fuel costs and geopolitical tensions, contributed to the firmer pricing environment. Against this backdrop, shippers are increasingly avoiding lengthy fixed-rate commitments. Xeneta data shows that 60% of new air freight contracts starting in the third quarter of 2026 were for three months or less, compared with 25% during the same period in 2025 and 47% in the second quarter of 2026. Three-month contracts represented 42% of new agreements, up sharply from 16% a year earlier. In contrast, the proportion of 12-month contracts fell from 40% to 25%, while agreements exceeding one year accounted for just 3%. Niall van de Wouw, Chief Airfreight Officer at Xeneta, said shippers are increasingly looking for “floating mechanisms” that combine a base rate with adjustments reflecting changes in market conditions. “There is a high degree of realism in the way shippers are approaching the market. There remains a lot of instability and that’s making it almost impossible for shippers to make long-term capacity deals without having T&Cs in place to deal with these volatile conditions.” The shift reflects a broader move towards flexibility and transparency in air freight procurement. Shippers are seeking arrangements that can respond to changing capacity, demand and pricing rather than locking them into annual rates that may quickly become misaligned with market conditions. Xeneta expects global air freight demand to grow by around 4% in 2026. However, the company anticipates a relatively subdued peak season, with limited signs of a major fourth-quarter surge so far. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
FedEx has completed the sale of its FedEx Supply Chain business to the CMA CGM Group for an enterprise value of US$1.4 billion, marking another major step in the logistics group’s strategy to expand its integrated supply chain capabilities while enabling FedEx to sharpen its focus on core transportation operations. The transaction, completed on October 1, 2026, significantly strengthens CEVA Logistics, CMA CGM’s logistics subsidiary, by nearly tripling its North American contract logistics footprint. FedEx Supply Chain’s operations and workforce will be integrated into CEVA, expanding its capabilities across warehousing, distribution and contract logistics in the region. The acquisition forms part of CMA CGM’s broader strategy to build an integrated, end-to-end logistics platform spanning ocean, air, land and contract logistics. The company has also entered into multi-year commercial agreements with FedEx covering ocean and air freight. Under the arrangement, CMA CGM will become a preferred ocean carrier for FedEx on a non-exclusive basis, while the companies will collaborate on selected air cargo capacity solutions. The air freight partnership is expected to support key strategic routes, including Asia-Europe, with the objective of improving aircraft utilisation and providing greater flexibility for long-haul capacity. The collaboration further strengthens CMA CGM’s position across the air cargo value chain while allowing both companies to leverage complementary global networks. For CMA CGM, the acquisition reinforces its long-term investment in the US market and expands CEVA’s ability to offer customers more comprehensive supply chain solutions. The combined operations are expected to strengthen the company’s presence in North American contract logistics while supporting its ambitions to provide integrated logistics services to global customers. For FedEx, the divestment is aligned with its ongoing portfolio simplification and transformation strategy. FedEx President and CEO Raj Subramaniam said the transaction enables the company to concentrate resources on differentiated capabilities and strengthen its core transportation network and high-value verticals. The transaction was originally announced on July 1, 2026. Its completion represents a significant reshaping of the companies’ logistics strategies, combining CMA CGM’s expanding multimodal logistics platform with FedEx’s global transportation network through long-term commercial cooperation. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
Central Asia is strengthening its position as an emerging air cargo bridge between Asia and Europe, with airlines, airports, logistics providers and regulators increasingly focused on building stronger connections with China, Europe and the Middle East. The shift was a key theme at the Central Asia Aviation Cargo Summit, held in Tashkent on September 30 and October 1, 2026, which brought together 340 representatives from across the aviation and logistics ecosystem. The region’s growing relevance is supported by a significant expansion in air cargo volumes. According to the International Air Transport Association (IATA), Central Asia’s air cargo volumes more than doubled between 2019 and 2024. Kazakhstan remained the region’s leading gateway, with volumes increasing 149% over the period, while Uzbekistan recorded even faster growth of 182%, supported by infrastructure investment. The summit highlighted that Central Asia’s ambitions are extending beyond simply adding aircraft capacity. Airlines and airports are increasingly looking at how airfreight can be integrated with road and rail networks to create more efficient multimodal corridors. Representatives from Silk Way West Airlines, Saudia Cargo and DHL Global Forwarding discussed opportunities to strengthen connections linking Central Asia with China, Europe, the Middle East and other major markets. Digitalisation and Standards Gain Importance Digital transformation emerged as another critical component of the region’s cargo development. An IATA roundtable brought together representatives from IATA, Lufthansa Cargo, Qatar Airways, Centrum Air/My Freighter and Uzbekistan’s Customs Committee to discuss international standards, certification, ONE Record, cargo connectivity and regulatory modernisation. For Central Asian markets seeking deeper integration with global supply chains, improved data exchange and greater alignment with international cargo standards could help reduce manual processes and improve shipment visibility. The summit also examined artificial intelligence, cargo terminal automation and cybersecurity as technologies that could support higher volumes and more efficient operations. Airports Compete for Eurasian Cargo Flows Tashkent, Almaty and Navoi are increasingly positioning themselves as important gateways within the emerging Eurasian cargo network. Tashkent Airport and Navoi International Airport presented their cargo development strategies and infrastructure plans at the summit, while an industry panel examined the competitive and complementary roles of regional airports. The discussions covered scheduled and charter services, ACMI operations, express logistics, GSSA services, digital platforms and airport infrastructure. Flexible capacity is expected to remain important as cargo flows evolve and airlines respond to changing demand across Eurasian trade lanes. E-Commerce Adds Momentum The expansion of cross-border e-commerce is also creating new opportunities for Central Asian air cargo. Perishables, high-value shipments and express consignments are generating demand for faster customs processes, specialised handling and reliable last-mile delivery. The summit also addressed workforce development, highlighting the need for skilled professionals as airlines, airports and logistics companies expand their operations. Training, recruitment and operational expertise will therefore remain critical alongside investment in terminals, aircraft and digital infrastructure. Central Asia’s air cargo proposition is consequently evolving from a transit-focused model towards a broader logistics ecosystem. With rising cargo volumes, new infrastructure, stronger multimodal connections and greater adoption of digital standards, the region is seeking to convert its geographic position between East and West into a sustainable competitive advantage. The next phase will depend on how effectively airlines, airports, customs authorities and logistics providers translate these investments and partnerships into new routes, efficient cargo handling and dependable Eurasian trade corridors. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
Swissport has expanded its European air cargo operations with the launch of Swissport Cargo Services France at EuroAirport Basel-Mulhouse, marking the company’s return to the French market. The new operation is supported by a 3,000-square-metre cargo warehouse in the French sector of the airport and is designed to provide a platform for future growth. The new facility comprises a 1,000-square-metre French customs zone and 2,000 square metres of international cargo handling space. The latter will support the build-up and breakdown of airline pallets, strengthening Swissport’s ability to handle cargo flows through the strategically located airport. Initially, Swissport Cargo Services France will focus on airline cargo handling. Although the new entity will operate independently within the French market, it will work closely with Swissport’s established Basel cargo operation. This approach will enable the company to leverage local expertise while applying its global standards for safety, quality and operational efficiency. “France is an important aviation market with significant long-term potential for Swissport,” says Bruno Stefani, Regional CEO Switzerland, Italy and France at Swissport. “The launch of Swissport Cargo Services France marks a significant step in strengthening our presence in the country. Beyond cargo, we see opportunities to bring our global expertise in airport ground services and hospitality to the French market and to build strong, long-term partnerships with airlines and airports.” The new operation also builds on Swissport’s longstanding presence at EuroAirport. The company has served airlines at Basel since 1994 and already operates a cargo facility at the airport. In 2024, Swissport handled more than 47,000 tonnes of cargo at the site, highlighting the importance of EuroAirport as a gateway for international freight, including pharmaceutical shipments. “The new operation allows us to build on the strong expertise of our established Basel cargo team while developing a dedicated presence in France,” said Andreas Behnke, Head of Cargo Switzerland, Italy and France and Station Manager Basel-Mulhouse at Swissport. “Our focus is on bringing the same commitment to teamwork, safety and operational excellence to our new operation and providing a strong foundation for its future development.” The launch further strengthens Swissport’s European cargo network, which forms part of a global network of more than 120 cargo centres. The company handles more than five million tonnes of air freight annually worldwide, combining international scale with local operational capabilities. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
Global air freight demand continued to strengthen in September 2026, prompting shippers to favour shorter-term and more flexible capacity agreements as rising demand, elevated rates and market volatility make long-term commitments increasingly difficult. According to data from Xeneta, global air freight volumes increased 6% year on year in September, following similar growth of 6% in August and 5% in July. Demand growth has outpaced capacity expansion, with global air cargo capacity rising only 2% year on year in September. As a result, Xeneta’s dynamic load factor increased by two percentage points to 62%. The tighter demand-capacity balance has also kept freight rates elevated. Global air cargo spot rates averaged $3.10 per kg in September, 27% higher than a year earlier and 2% above August. Seasonal demand at the end of the third quarter, alongside higher jet fuel costs and geopolitical tensions, contributed to the firmer pricing environment. Against this backdrop, shippers are increasingly avoiding lengthy fixed-rate commitments. Xeneta data shows that 60% of new air freight contracts starting in the third quarter of 2026 were for three months or less, compared with 25% during the same period in 2025 and 47% in the second quarter of 2026. Three-month contracts represented 42% of new agreements, up sharply from 16% a year earlier. In contrast, the proportion of 12-month contracts fell from 40% to 25%, while agreements exceeding one year accounted for just 3%. Niall van de Wouw, Chief Airfreight Officer at Xeneta, said shippers are increasingly looking for “floating mechanisms” that combine a base rate with adjustments reflecting changes in market conditions. “There is a high degree of realism in the way shippers are approaching the market. There remains a lot of instability and that’s making it almost impossible for shippers to make long-term capacity deals without having T&Cs in place to deal with these volatile conditions.” The shift reflects a broader move towards flexibility and transparency in air freight procurement. Shippers are seeking arrangements that can respond to changing capacity, demand and pricing rather than locking them into annual rates that may quickly become misaligned with market conditions. Xeneta expects global air freight demand to grow by around 4% in 2026. However, the company anticipates a relatively subdued peak season, with limited signs of a major fourth-quarter surge so far. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 CARGOCONNECT 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
Awery Aviation Software has appointed Cornelia Korsch as Global Development Director for Awery and CargoBooking, strengthening its leadership team as it seeks to expand the digital air cargo quoting and booking platform’s airline network and adoption among freight forwarders. In her new role, Korsch will focus on bringing additional airlines and cargo capacity onto CargoBooking, while driving greater adoption of the platform across the forwarding community. The appointment comes as digital distribution continues to gain importance in connecting airline capacity with freight forwarder demand. The move follows Awery’s recent appointment of Gianluca Marcangelo as Executive Vice President of Global Sales, further reinforcing the company’s commercial leadership as it expands its global footprint. “I’m looking forward to bringing my experience with airlines and technology providers to CargoBooking and working across the air cargo community to help them reach more customers and maximise the opportunities that digital distribution can offer,” said Korsch. Korsch brings more than 30 years of air cargo experience spanning airline sales, technology and business development. Her career includes global airline partnership roles at WebCargo by Freightos and AirBridgeCargo Airlines, alongside more than two decades with Cargolux Airlines, giving her extensive experience across both the airline and technology sides of the air freight ecosystem. “This is an exciting period of growth for CargoBooking, and we’re delighted to have Cornelia on board to support and further drive that momentum,” said Vitaly Smilianets, Founder and CEO, Awery. “Cornelia understands what airlines need from a digital booking platform, and that insight will be invaluable as we bring more carriers onto CargoBooking, giving forwarders greater choice and access to more capacity.”
Crown Worldwide Group has expanded exXtra, its valet storage service, to six major Indian cities: Delhi, Mumbai, Bengaluru, Hyderabad, Chennai and Pune, as changing urban lifestyles and space requirements drive demand for more flexible storage solutions. The expansion extends exXtra’s reach across markets characterised by growing urban populations and evolving residential and business space needs, while leveraging Crown Worldwide Group’s more than three decades of experience in India across logistics, relocation, warehousing and related services. Moving beyond storage associated solely with relocation, exXtra is positioned to address a broader range of everyday requirements, from storing seasonal clothing, books, sports equipment, bicycles and documents to accommodating belongings during home renovations, downsizing or changing residential spaces for work and other purposes. Praveen Joseph, Assistant Vice President, South Asia, Crown Worldwide Group said, “With our understanding of moving, handling and storing belongings, we can offer customers a solution that gives them greater freedom over the space they have, without requiring them to make decisions about what to keep or let go.” The service combines doorstep pickup, secure storage and on-demand return, allowing customers to retain belongings without dedicating valuable space to items they do not need regularly. Customers can schedule pickups, track their inventory and manage payments through an online portal, adding greater convenience and visibility to the storage experience. The expansion draws on Crown’s established capabilities in handling, moving and storing belongings, with the company positioning exXtra around the changing ways in which households and businesses manage their available space. Crown Worldwide Group said exXtra will continue to explore further expansion across India through phased launches, with future growth guided by customer demand and opportunities in emerging markets where the Group already maintains a presence.
Indore: Indian Railways is preparing to operate the country’s first hydrogen-powered train at speeds of up to 110 kmph, following successful trials at speeds of 120 kmph, Railway Board Chairman and CEO Satish Kumar said on Sunday. Prime Minister Narendra Modi had flagged off India’s first hydrogen-powered train on July 17, marking a significant step in the Railways’ efforts to introduce cleaner propulsion technologies. The train operates on the 89-km Jind–Sonipat route in Haryana. Unlike conventional electric trains that rely on overhead power lines, the hydrogen fuel-cell trainset generates electricity onboard through an electrochemical reaction between hydrogen and oxygen. The process produces water vapour and heat as by-products, eliminating combustion, smoke and tailpipe carbon emissions. The hydrogen train is part of Indian Railways’ broader efforts to explore alternative propulsion technologies and reduce emissions from rail operations. Its deployment could also offer a pathway for cleaner rail connectivity on routes where conventional electrification may be less practical. Follow CARGOCONNECT for more such updates
Chapman Freeborn has successfully completed a time-sensitive cargo charter operation transporting oversized oilfield equipment from China to Saudi Arabia, supporting urgent replenishment requirements for a client in the oil and gas sector amid ongoing global shipping disruptions and airfreight congestion. The operation involved the movement of nearly 90 tonnes of cargo, including industrial pumps, precision spare parts and oversized equipment measuring up to eight metres in length. The shipment was transported aboard a Boeing 747 Freighter, selected for its main-deck capacity and ability to handle heavy and outsized freight. The project required complex logistical coordination after fuelling constraints at the original departure airport necessitated the cargo’s relocation inland to an alternative airport. Chapman Freeborn’s China team arranged overnight trucking and managed the freight forwarding process to maintain delivery timelines. The charter operation was further challenged by limited aircraft availability, routing restrictions and slot coordination requirements at destination. Despite the operational complexities, the cargo arrived on schedule, enabling uninterrupted onward movement and preventing disruptions to the client’s ongoing field operations. The project highlights the growing role of specialised air charter solutions in supporting critical industrial supply chains where speed, flexibility and operational coordination remain essential.
India is preparing to operationalise its trade agreement with Oman from June 1, as New Delhi accelerates efforts to secure alternative trade corridors and strengthen supply chain resilience amid continuing geopolitical and energy market uncertainty. Commerce and Industry Minister Piyush Goyal said discussions with Omani officials have progressed positively, with both sides moving toward implementation of the Comprehensive Economic Partnership Agreement (CEPA). The agreement, signed in December 2025, is expected to provide duty-free access for a large share of Indian exports to Oman, including engineering goods, textiles, food products and chemicals. In return, India will lower tariffs on several Omani exports, including petrochemical products and minerals. Trade and logistics stakeholders view the pact as strategically important for India’s westbound cargo movement and regional connectivity ambitions. Oman’s geographic position along major maritime routes in the Arabian Sea and Gulf region gives Indian exporters an additional gateway into West Asia and parts of Africa. The agreement is also expected to support warehousing, port-led trade and multimodal logistics integration between the two countries. Government officials indicated that the CEPA would cover more than 98% of Indian export tariff lines entering Oman, while India would gradually liberalise access across a significant portion of imports from Oman. Certain sectors, particularly petrochemicals, may see phased tariff reductions rather than immediate elimination. The push to activate the Oman pact comes as India expands its broader trade strategy through multiple bilateral agreements aimed at reducing dependence on concentrated supply chains and improving market access for domestic manufacturers. Recent discussions involving trade arrangements with the UK, EU and other partners have reinforced New Delhi’s emphasis on export diversification and trade-led industrial growth. Industry analysts expect the Oman agreement to particularly benefit Indian sectors linked to containerised exports, chemicals, automotive components, processed foods and MSME manufacturing clusters. Shipping and logistics companies are also likely to see increased cargo flows through western Indian ports as bilateral trade volumes rise under preferential tariff treatment. Follow CARGOCONNECT for more such updates.
India’s two largest container gateways, Mundra and Nhava Sheva, are facing mounting congestion as rising cargo volumes, truck driver shortages and rerouted shipments from the Middle East strain operations across the country’s logistics network. Shipping lines and logistics operators are reporting worsening turnaround times at both ports, with vessel delays averaging nearly two and a half days and some unscheduled ships waiting up to five days for berthing. The disruptions are slowing cargo movement, tightening yard space and forcing carriers to make last-minute operational changes. According to industry reports, a shortage of truck drivers has become a major bottleneck for container transfers between terminals and inland transport hubs. The issue has reduced the pace of cargo evacuation from ports, adding pressure on already crowded container yards. Terminal operators have intermittently restricted gate access to control container inflow, while export gate schedules continue to shift frequently. These changes are complicating truck planning and increasing uncertainty for exporters and freight forwarders. The congestion is being intensified by cargo diversions linked to disruptions in the Middle East, particularly around Gulf trade routes. Shipping lines have increasingly redirected transshipment cargo to Indian ports as alternatives to facilities in the Persian Gulf, sharply increasing container volumes in recent weeks. The pressure has begun affecting carrier schedules. Some shipping companies are rerouting vessels between terminals at short notice to avoid yard congestion. Danish shipping giant Maersk recently shifted several sailings from its regular terminal at Nhava Sheva to PSA Mumbai after facing space constraints and a growing container backlog. Industry stakeholders say these sudden terminal changes are creating operational and financial challenges for shippers, including higher handling costs and difficulties coordinating customs clearance and inland transportation. The latest disruption comes at a time when India has been positioning itself as a major global manufacturing and logistics hub. Over the past decade, the country has expanded port capacity, improved freight corridors and modernised customs processes to strengthen supply chain efficiency. However, the current congestion highlights the vulnerability of port infrastructure during periods of sudden trade realignment and geopolitical disruption. Logistics experts warn that prolonged delays could increase freight costs, extend delivery timelines and place additional pressure on exporters already dealing with volatile global shipping conditions. Follow CARGOCONNECT for more such updates.
The diversification process by Apple continues to progress as India becomes one of the centers for manufacturing operations. Based on an analysis by Smart Analytics Global (SAG), the percentage share of Indian manufacturing of iPhones has increased from 14% in 2024 to 23% in 2025 and further to 28% by 2026, whereas China’s share has decreased from 83% to 74% within the same timeframe. As Apple continues to lower its reliance on China, India is all set to emerge as the major assembly hub for 28 percent of all iPhones exported around the world by 2026, compared to just 23 percent in the prior year. This change is due to the company's overall strategy of spreading its manufacturing operations in order to mitigate potential tariff risks and geopolitical risks, in addition to creating a more flexible manufacturing network beyond China. Based on the estimates of Smart Analytics Global (SAG), China's share in global iPhone production dropped from 83% in 2024 to 74% in 2025, while India's share increased from 14% in 2024 to 23% in 2025. Estimates provided by another market research firm, Counterpoint Research, indicate that India's share in global iPhone manufacturing could increase to approximately 26% in 2026 from 23% in 2025. As per SAG, “India will account for the manufacture of 28 percent of iPhones shipped globally in 2026, rising from 23 percent in 2025. This growth will be fueled by the ongoing diversification of Apple outside China and capacity build-up at existing manufacturers in India like Tata Electronics,” said Abhilash Kumar, an analyst at Smart Analytics Global. According to Tarun Pathak, research director at Counterpoint Research, “Apple's manufacturing partners have substantially increased their manufacturing capacities and assembly lines in India. They have also diversified their product portfolio made in India.” He further stated that the increase in manufacturing capacity of Tata Electronics is another factor aiding the growth. Apple has managed to localize production substantially in India through manufacturers like Foxconn and Tata Electronics. The recent takeover of Wistron and Pegatron in India by the Tata Group represents a huge step forward in Apple’s localization efforts in India. At present, India is assembling a larger number of iPhones, even the latest versions, and has become an important source of exports, targeting countries like the US and European nations. Over the past five years, Apple has manufactured iPhones worth almost $70 billion in India using its PLI scheme, where around $51 billion, or almost 73% of all iPhones manufactured, were exported from India. Moreover, iPhones have become the most exported goods from India during the previous financial year. India has become the biggest beneficiary of Apple’s changing supply chain. From initially assembling iPhones on a smaller scale, it has grown to become a manufacturing cluster for iPhones through government incentives, increased manufacturing capabilities, and the growing presence of suppliers. Several of the most important suppliers and manufacturers for Apple are still highly entrenched within China, allowing the country to enjoy an unrivaled capacity and adaptability when it comes to managing mass-scale productions and product shifts. For more such news and updates, visit CARGOCONNECT.
Shadowfax is significantly expanding its quick commerce infrastructure, announcing plans to scale its dark store network from 15 facilities to 100 by FY27. The move underscores the company’s growing focus on hyperlocal deliveries, same-day fulfilment, and direct-to-consumer (D2C) logistics as competition intensifies in India’s fast-evolving quick commerce ecosystem. The Bengaluru-based company plans to add 85 new dark stores over the next fiscal year, targeting metro cities with delivery radiuses of approximately seven kilometres and fulfilment timelines of around 30 minutes. The expansion is expected to support rising demand from vertical quick commerce platforms and D2C brands that increasingly rely on third-party logistics (3PL) partners for rapid deliveries. According to company executives, vertical marketplaces are emerging as a profitable segment because of their dependence on outsourced logistics infrastructure rather than captive fulfilment networks. Shadowfax believes this trend creates a strong opportunity for scalable 3PL-led quick commerce models. The dark store expansion will account for nearly 10% of Shadowfax’s planned capital expenditure of ₹180–190 crore in FY27. The company is simultaneously strengthening its automation and artificial intelligence capabilities to improve operational efficiency. AI-led demand forecasting, automated slotting, and smarter sorting centre operations are expected to reduce overhead costs while accelerating breakeven timelines for new facilities. Shadowfax’s aggressive expansion comes on the back of strong financial performance. The company reported a consolidated net profit of ₹55.8 crore in Q4 FY26, compared to a net loss of ₹9.9 crore during the same period last year. Revenue from operations surged 73.6% year-on-year to ₹1,237 crore, reflecting growing order volumes and increased adoption of quick commerce delivery services. Founded in 2015, Shadowfax has evolved into one of India’s largest logistics and last-mile delivery networks, serving over 2,500 cities and more than 15,000 pincodes. The company currently handles millions of shipments daily through a technology-driven delivery ecosystem that supports e-commerce, grocery, hyperlocal, and D2C brands. Industry analysts believe the dark store expansion reflects a broader shift within India’s logistics sector, where speed, proximity-based fulfilment, and automated operations are becoming central to supply chain competitiveness. As quick commerce adoption accelerates beyond groceries into categories such as fashion, electronics, and personal care, logistics providers like Shadowfax are positioning themselves as critical enablers of ultra-fast retail fulfilment. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 https://cargoconnect.co.in/ 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
India’s Dedicated Freight Corridors (DFCs) are rapidly reshaping the country’s logistics landscape, with the Western Dedicated Freight Corridor (WDFC) between Dadri and Jawaharlal Nehru Port Authority (JNPA) emerging as a game-changing infrastructure project for supply chains and multimodal freight movement. Designed exclusively for cargo operations, the corridor is significantly reducing transit times, improving reliability, and easing congestion on conventional rail routes. Stretching nearly 1,500 km from Dadri in Uttar Pradesh to JNPA near Mumbai, the corridor forms the backbone of India’s western logistics artery, connecting manufacturing centres, inland container depots, industrial clusters, and ports. With dedicated tracks for freight trains, the network allows uninterrupted cargo movement at higher average speeds, eliminating delays caused by mixed passenger and freight operations. One of the biggest outcomes has been a sharp reduction in transit time. Freight movement between Dadri and JNPA that traditionally took close to 72 hours on congested rail routes is now being completed in nearly half the time, improving turnaround efficiency for exporters, importers, and logistics operators. Industry stakeholders believe the reduction in transit duration will strengthen India’s competitiveness in global trade and support the government’s target of lowering logistics costs as a percentage of GDP. The DFC network has also enabled the operation of longer and heavier freight trains, including double-stack container services on electrified routes. This has increased carrying capacity while lowering per-unit transportation costs. According to sector estimates, rail freight on dedicated corridors is considerably more energy-efficient and environmentally sustainable than road transport, aligning with India’s broader decarbonisation goals. Beyond operational efficiency, the corridors are catalysing the growth of integrated logistics ecosystems. Regions such as Dadri, Greater Noida, and Jewar are witnessing accelerated development of multimodal logistics parks, warehousing zones, and industrial hubs due to their strategic connectivity with both the Eastern and Western DFCs. The emerging “rail-road-air” logistics triangle around the National Capital Region is expected to attract substantial investments in manufacturing and distribution infrastructure. The Dedicated Freight Corridor Corporation of India (DFCCIL) has reported rising freight train volumes on the operational stretches, indicating growing industry adoption. The completion of key links on the western corridor is expected to further enhance throughput and reduce dependency on road transport for long-haul cargo. Analysts say the dedicated rail network could become central to India’s ambition of creating faster, greener, and more resilient supply chains. As India continues investing in additional freight corridors across the country, the success of the Dadri-JNPA route demonstrates how infrastructure modernisation can directly influence trade efficiency, logistics performance, and industrial growth. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 https://cargoconnect.co.in/ 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬
In a strategic warehousing move, the South Eastern Coalfields Limited (SECL), the second largest coal-producing subsidiary of Coal India Limited, has signed a Memorandum of Understanding (MoU) with Central Warehousing Corporation (CWC) for collaboration in coal logistics, railway rake provisioning under GPWIS and similar schemes, and integrated transportation services. Guided by the Union Ministry of Coal, SECL is rapidly working to improve India’s energy security and coal logistics infrastructure. The company is taking steps to boost coal evacuation efficiency and ensure a steady fuel supply to essential sectors. This partnership with CWC is a significant move in that direction. The goal of the partnership with CWC is to strengthen SECL’s coal evacuation capabilities by providing reliable and efficient rail logistics solutions to meet the rising demand from the power, steel, cement, and other sectors. The MoU outlines collaboration in various areas, including dedicated railway rake operations, integrated coal transportation solutions, multimodal logistics, first-mile and last-mile connectivity, and the deployment of digital systems for logistics monitoring and operational efficiency. Under the agreed framework, both organizations will explore provisioning and operation of GPWIS and equivalent racks, integrated rail logistics services, and long-term transportation solutions aimed at improving dispatch efficiency and reducing logistical obstacles. The MoU was signed in the presence of Harish Duhan, Chairman-cum-Managing Director of SECL, and Santosh Sinha, Managing Director of CWC. Functional Directors and senior officials from SECL, as well as representatives from CWC, attended the signing ceremony. SECL plays a vital role in meeting the country's growing coal demand. In the current financial year 2026-27, Coal India Limited has already surpassed the 100 million tonne production mark, with SECL contributing more than 26.8 million tonnes. Central Warehousing Corporation (CWC), a Navaratna Central Public Sector Enterprise under the Government of India, is a leader in integrated logistics and warehousing services. It has extensive experience in rail-linked cargo movement and multimodal transportation solutions. For more such news and updates, visit CARGOCONNECT.
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India’s two largest container gateways, Mundra and Nhava Sheva, are facing mounting congestion as rising cargo volumes, truck driver shortages and rerouted shipments from the Middle East strain operations across the country’s logistics network. Shipping lines and logistics operators are reporting worsening turnaround times at both ports, with vessel delays averaging nearly two and a half days and some unscheduled ships waiting up to five days for berthing. The disruptions are slowing cargo movement, tightening yard space and forcing carriers to make last-minute operational changes. According to industry reports, a shortage of truck drivers has become a major bottleneck for container transfers between terminals and inland transport hubs. The issue has reduced the pace of cargo evacuation from ports, adding pressure on already crowded container yards. Terminal operators have intermittently restricted gate access to control container inflow, while export gate schedules continue to shift frequently. These changes are complicating truck planning and increasing uncertainty for exporters and freight forwarders. The congestion is being intensified by cargo diversions linked to disruptions in the Middle East, particularly around Gulf trade routes. Shipping lines have increasingly redirected transshipment cargo to Indian ports as alternatives to facilities in the Persian Gulf, sharply increasing container volumes in recent weeks. The pressure has begun affecting carrier schedules. Some shipping companies are rerouting vessels between terminals at short notice to avoid yard congestion. Danish shipping giant Maersk recently shifted several sailings from its regular terminal at Nhava Sheva to PSA Mumbai after facing space constraints and a growing container backlog. Industry stakeholders say these sudden terminal changes are creating operational and financial challenges for shippers, including higher handling costs and difficulties coordinating customs clearance and inland transportation. The latest disruption comes at a time when India has been positioning itself as a major global manufacturing and logistics hub. Over the past decade, the country has expanded port capacity, improved freight corridors and modernised customs processes to strengthen supply chain efficiency. However, the current congestion highlights the vulnerability of port infrastructure during periods of sudden trade realignment and geopolitical disruption. Logistics experts warn that prolonged delays could increase freight costs, extend delivery timelines and place additional pressure on exporters already dealing with volatile global shipping conditions. Follow CARGOCONNECT for more such updates.
The diversification process by Apple continues to progress as India becomes one of the centers for manufacturing operations. Based on an analysis by Smart Analytics Global (SAG), the percentage share of Indian manufacturing of iPhones has increased from 14% in 2024 to 23% in 2025 and further to 28% by 2026, whereas China’s share has decreased from 83% to 74% within the same timeframe. As Apple continues to lower its reliance on China, India is all set to emerge as the major assembly hub for 28 percent of all iPhones exported around the world by 2026, compared to just 23 percent in the prior year. This change is due to the company's overall strategy of spreading its manufacturing operations in order to mitigate potential tariff risks and geopolitical risks, in addition to creating a more flexible manufacturing network beyond China. Based on the estimates of Smart Analytics Global (SAG), China's share in global iPhone production dropped from 83% in 2024 to 74% in 2025, while India's share increased from 14% in 2024 to 23% in 2025. Estimates provided by another market research firm, Counterpoint Research, indicate that India's share in global iPhone manufacturing could increase to approximately 26% in 2026 from 23% in 2025. As per SAG, “India will account for the manufacture of 28 percent of iPhones shipped globally in 2026, rising from 23 percent in 2025. This growth will be fueled by the ongoing diversification of Apple outside China and capacity build-up at existing manufacturers in India like Tata Electronics,” said Abhilash Kumar, an analyst at Smart Analytics Global. According to Tarun Pathak, research director at Counterpoint Research, “Apple's manufacturing partners have substantially increased their manufacturing capacities and assembly lines in India. They have also diversified their product portfolio made in India.” He further stated that the increase in manufacturing capacity of Tata Electronics is another factor aiding the growth. Apple has managed to localize production substantially in India through manufacturers like Foxconn and Tata Electronics. The recent takeover of Wistron and Pegatron in India by the Tata Group represents a huge step forward in Apple’s localization efforts in India. At present, India is assembling a larger number of iPhones, even the latest versions, and has become an important source of exports, targeting countries like the US and European nations. Over the past five years, Apple has manufactured iPhones worth almost $70 billion in India using its PLI scheme, where around $51 billion, or almost 73% of all iPhones manufactured, were exported from India. Moreover, iPhones have become the most exported goods from India during the previous financial year. India has become the biggest beneficiary of Apple’s changing supply chain. From initially assembling iPhones on a smaller scale, it has grown to become a manufacturing cluster for iPhones through government incentives, increased manufacturing capabilities, and the growing presence of suppliers. Several of the most important suppliers and manufacturers for Apple are still highly entrenched within China, allowing the country to enjoy an unrivaled capacity and adaptability when it comes to managing mass-scale productions and product shifts. For more such news and updates, visit CARGOCONNECT.
Shadowfax is significantly expanding its quick commerce infrastructure, announcing plans to scale its dark store network from 15 facilities to 100 by FY27. The move underscores the company’s growing focus on hyperlocal deliveries, same-day fulfilment, and direct-to-consumer (D2C) logistics as competition intensifies in India’s fast-evolving quick commerce ecosystem. The Bengaluru-based company plans to add 85 new dark stores over the next fiscal year, targeting metro cities with delivery radiuses of approximately seven kilometres and fulfilment timelines of around 30 minutes. The expansion is expected to support rising demand from vertical quick commerce platforms and D2C brands that increasingly rely on third-party logistics (3PL) partners for rapid deliveries. According to company executives, vertical marketplaces are emerging as a profitable segment because of their dependence on outsourced logistics infrastructure rather than captive fulfilment networks. Shadowfax believes this trend creates a strong opportunity for scalable 3PL-led quick commerce models. The dark store expansion will account for nearly 10% of Shadowfax’s planned capital expenditure of ₹180–190 crore in FY27. The company is simultaneously strengthening its automation and artificial intelligence capabilities to improve operational efficiency. AI-led demand forecasting, automated slotting, and smarter sorting centre operations are expected to reduce overhead costs while accelerating breakeven timelines for new facilities. Shadowfax’s aggressive expansion comes on the back of strong financial performance. The company reported a consolidated net profit of ₹55.8 crore in Q4 FY26, compared to a net loss of ₹9.9 crore during the same period last year. Revenue from operations surged 73.6% year-on-year to ₹1,237 crore, reflecting growing order volumes and increased adoption of quick commerce delivery services. Founded in 2015, Shadowfax has evolved into one of India’s largest logistics and last-mile delivery networks, serving over 2,500 cities and more than 15,000 pincodes. The company currently handles millions of shipments daily through a technology-driven delivery ecosystem that supports e-commerce, grocery, hyperlocal, and D2C brands. Industry analysts believe the dark store expansion reflects a broader shift within India’s logistics sector, where speed, proximity-based fulfilment, and automated operations are becoming central to supply chain competitiveness. As quick commerce adoption accelerates beyond groceries into categories such as fashion, electronics, and personal care, logistics providers like Shadowfax are positioning themselves as critical enablers of ultra-fast retail fulfilment. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 https://cargoconnect.co.in/ 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬!
India’s Dedicated Freight Corridors (DFCs) are rapidly reshaping the country’s logistics landscape, with the Western Dedicated Freight Corridor (WDFC) between Dadri and Jawaharlal Nehru Port Authority (JNPA) emerging as a game-changing infrastructure project for supply chains and multimodal freight movement. Designed exclusively for cargo operations, the corridor is significantly reducing transit times, improving reliability, and easing congestion on conventional rail routes. Stretching nearly 1,500 km from Dadri in Uttar Pradesh to JNPA near Mumbai, the corridor forms the backbone of India’s western logistics artery, connecting manufacturing centres, inland container depots, industrial clusters, and ports. With dedicated tracks for freight trains, the network allows uninterrupted cargo movement at higher average speeds, eliminating delays caused by mixed passenger and freight operations. One of the biggest outcomes has been a sharp reduction in transit time. Freight movement between Dadri and JNPA that traditionally took close to 72 hours on congested rail routes is now being completed in nearly half the time, improving turnaround efficiency for exporters, importers, and logistics operators. Industry stakeholders believe the reduction in transit duration will strengthen India’s competitiveness in global trade and support the government’s target of lowering logistics costs as a percentage of GDP. The DFC network has also enabled the operation of longer and heavier freight trains, including double-stack container services on electrified routes. This has increased carrying capacity while lowering per-unit transportation costs. According to sector estimates, rail freight on dedicated corridors is considerably more energy-efficient and environmentally sustainable than road transport, aligning with India’s broader decarbonisation goals. Beyond operational efficiency, the corridors are catalysing the growth of integrated logistics ecosystems. Regions such as Dadri, Greater Noida, and Jewar are witnessing accelerated development of multimodal logistics parks, warehousing zones, and industrial hubs due to their strategic connectivity with both the Eastern and Western DFCs. The emerging “rail-road-air” logistics triangle around the National Capital Region is expected to attract substantial investments in manufacturing and distribution infrastructure. The Dedicated Freight Corridor Corporation of India (DFCCIL) has reported rising freight train volumes on the operational stretches, indicating growing industry adoption. The completion of key links on the western corridor is expected to further enhance throughput and reduce dependency on road transport for long-haul cargo. Analysts say the dedicated rail network could become central to India’s ambition of creating faster, greener, and more resilient supply chains. As India continues investing in additional freight corridors across the country, the success of the Dadri-JNPA route demonstrates how infrastructure modernisation can directly influence trade efficiency, logistics performance, and industrial growth. 𝐒𝐭𝐚𝐲 𝐓𝐮𝐧𝐞𝐝 𝐭𝐨 https://cargoconnect.co.in/ 𝐟𝐨𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬
In a strategic warehousing move, the South Eastern Coalfields Limited (SECL), the second largest coal-producing subsidiary of Coal India Limited, has signed a Memorandum of Understanding (MoU) with Central Warehousing Corporation (CWC) for collaboration in coal logistics, railway rake provisioning under GPWIS and similar schemes, and integrated transportation services. Guided by the Union Ministry of Coal, SECL is rapidly working to improve India’s energy security and coal logistics infrastructure. The company is taking steps to boost coal evacuation efficiency and ensure a steady fuel supply to essential sectors. This partnership with CWC is a significant move in that direction. The goal of the partnership with CWC is to strengthen SECL’s coal evacuation capabilities by providing reliable and efficient rail logistics solutions to meet the rising demand from the power, steel, cement, and other sectors. The MoU outlines collaboration in various areas, including dedicated railway rake operations, integrated coal transportation solutions, multimodal logistics, first-mile and last-mile connectivity, and the deployment of digital systems for logistics monitoring and operational efficiency. Under the agreed framework, both organizations will explore provisioning and operation of GPWIS and equivalent racks, integrated rail logistics services, and long-term transportation solutions aimed at improving dispatch efficiency and reducing logistical obstacles. The MoU was signed in the presence of Harish Duhan, Chairman-cum-Managing Director of SECL, and Santosh Sinha, Managing Director of CWC. Functional Directors and senior officials from SECL, as well as representatives from CWC, attended the signing ceremony. SECL plays a vital role in meeting the country's growing coal demand. In the current financial year 2026-27, Coal India Limited has already surpassed the 100 million tonne production mark, with SECL contributing more than 26.8 million tonnes. Central Warehousing Corporation (CWC), a Navaratna Central Public Sector Enterprise under the Government of India, is a leader in integrated logistics and warehousing services. It has extensive experience in rail-linked cargo movement and multimodal transportation solutions. For more such news and updates, visit CARGOCONNECT.
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Poonawalla Group invests in woman-led trackNOW to boost R&D, expand operations in Indian logistics market
Poonawalla Group invests in woman-led trackNOW to boost R&D, expand operations in Indian logistics market
Poonawalla Group invests in woman-led trackNOW to boost R&D, expand operations in Indian logistics market
Poonawalla Group invests in woman-led trackNOW to boost R&D, expand operations in Indian logistics market
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