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CHINESE NEW YEAR 2021: LOGISTICS CHECKLIST FOR YEAR OF THE OX

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I NTRODUCTION: When speaking about global production and transport volumes, specific events tend to cause an upsurge in demand and create a peak season for delivery and operations. As a result, for the duration of the lunar New Year, a holiday celebrated by thousands and thousands of people particularly in China and Southeast Asia, mainly in Thailand, Malaysia, Singapore, and Indonesia, worldwide demand surges. For logistics businesses and individuals that depend upon them, the lunar New Year can mean tremendous delays to shipments that could negatively affect the supply chain.   HOW DOES IT AFFECT BUSINESSES? DELAYS IN TRANSPORT AND RISING FREIGHT COSTS Chinese New Year starts on February 12, 2021, and ends on February 26, 2021. This holiday period leads to an abrupt shutdown of all production for almost a month: Production is halted one or two weeks before and after the Chinese New Year’s Eve. Closed factories along with the unavailability of staff to work on orders can hav

6 Ways A 3PL Service Provider Can Be More Viable

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A third-party logistics (3PL) refers to the outsourcing of logistics processes to a firm with experience, resources, expertise and knowledge in the relevant field. A professional 3PL works proficiently on distribution, fulfillment, transportation and many other aspects for clients’ businesses to benefit them in terms of efficiency, time and money. Here are 6 factors to take into consideration before deciding on a definite solution: Speedy Logistics Interconnected network of carriers and distributors with distribution centers located strategically around the globe leads to fast and efficient shipping times from A to B. Scalability Resources and flexibility to scale with any business facing complex challenges in terms of space, merchandise, staffing, inventory, trucks, and more. Network Capacity Partnership exposes the business to carrier networks comprised of qualified and reliable service providers to help you with order configuration, pick-up and delivery windows, scheduling, equi

Handling Peak Season in the New Normal

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2020 has been quite the ride for the logistics industry and supply chain planners with mass manufacturing facility shutdowns, warehousing disruptions, ocean and air shipping modifications, adding to an already heavily unstable freight marketplace. At the same time, fees skyrocketed as huge volumes of emergency equipment are being transported globally. With backlogs clearing up and businesses resuming in the final quarter of the year, we must now solicit the question on everyone’s mind, what happens this peak season? Let the experts at MGH help you and provide a few tips and tricks on how to handle this stormy peak season amidst a global pandemic. FORECAST, PLAN, COMMUNICATE, REPEAT As the rush starts from Black Friday all the way through Christmas Eve – it is important to create a model based on volume at unit and order level during this critical period weekly forecasts for each channel the business is operating in. Understanding the projections for Q4 is critical for businesses befor

INDIA-BANGLADESH: THE ONE-OFF RAIL SOLUTION

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The trailblazing spirit of MGH Logistics resonated even during the pandemic as they handled the novel commercial rail container movement twice successfully between India and Bangladesh, for bilateral trade purpose. The achievement was a result of a lengthy pursuit of efforts by both the governments, CONCOR & Indian Railways, Indian Customs, Bangladesh Railways, CCBL and MGH.   PRECEDING HURDLES Previously, when the land border was non-functional for approximately 90 days due to COVID, it caused port congestion. The other associated demurrage costs caused by longer transit time, limited capacity of the sea, congestion at land routes and high airfreight costs, made it a further inconvenient option for time-bound cross border shipments.   A NEW ERA IN INDIA-BANGLADESH TRADE It was the very first rail movement enterprise that opened doors to a fast and economical route for the traders in this lane, as an alternative for the traditional sea and road movement. MGH spearheadi

CHINA GOLDEN WEEK 2020

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Golden Week and how it affects trade China Golden Week starting from 1st October till 7th October causes production lines throughout China to come to a complete standstill as they celebrate “Golden Week” to commemorate the founding of the People’s Republic of China. Due to the Golden Week, online retailers, bricks-and-mortar retailers and logistics personnel involved in trading with China starts planning their shipments ahead of time. This is because during the entire week, except for emergency workforce, neither factories nor offices are open. Furthermore, public life (administration and co.) is jeopardized, containers with goods are packed in the ports, ships are neither loaded nor unloaded, and customs only work to a limited extent. As a result, businesses trading with China faces strains on capacity and rise on prices of ocean, air, and road freight. The carriers are also overbooked, risks of cargo getting rolled increases and the containers carrying goods are required to get resc

Logistics Post Covid-19

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In a time-frame of fewer than 5 months, Covid-19 has impacted the global economy in a major way. The pandemic has also exposed multiple facets of businesses that would need to move quickly and adapt to the new normal. Post-Covid, there is one thing a lot of businesses would have to certainly reconsider, their supply chains. Lack of stock for essentials during the panic buying spree, the over-dependence on India & China for production of pharmaceuticals, China’s involvement in global supply chains are few chinks in global supply chains that businesses would have to work upon. These challenges would bring out a few very noticeable transitions – Higher Inventories Over the last few months, the pandemic has stretched companies' supply chains and the low inventory levels have been exposed. As a takeaway from the pandemic, it would be necessary for companies to maintain a higher level of inventory to create a safety net. The governments across the globe would als

MGH Flies SpiceJet Charters ensuring India’s supply chain amidst COVID-19 pandemic

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SpiceJet’s fleet of five dedicated freighters are crisscrossing the global skies carrying vital supplies including medicines, medical devices, cold-chain medical supplies, farm produce for various governments, medical and pharma companies, retailers and farmer bodies in  the global war against COVID-19 pandemic.     SpiceJet has transported around 4000 tons of cargo on over 430 flights since the nation-wide lockdown began in India month back - more than 70% of all air cargo carried by Indian airlines. SpiceJet, India’s second-largest airline, has ferried crucial medical supplies to and from Shanghai, Hong Kong, Singapore, Sri Lanka, Kuwait, Abu Dhabi, Ho Chi Minh City, Colombo, Kabul, Dubai amongst other places. SpiceJet’s cargo operations have been significantly boosted by the airline’s passenger aircraft fleet where both its B737 and Q400 aircraft have been operating cargo-on-seat flights. The MGH Group, the Global Cargo GSA of SpiceJet, has been actively involved and has