Container Freight Station (CFS) operators at Jawaharlal Nehru Port are converting their facilities into unnotified warehouses mainly because of continued lower volumes - a result of increased traction of direct-port-delivery (DPD) scheme introduced by the port.
“Allcargo (Logistics Ltd) has already converted one of its CFSs into an unnotified warehouse and some more operators like Gateway Distriparks could follow this route,” sources close to the development told Business Standard. “It will help the operator lower its costs by almost 15 per cent, which is a significant cost saving especially when volumes are dropping continuously,” sources added.
Allcargo Logistics, part of