Category: Logistics
Q3 performance at JKH Group sees turnaround in Leisure business
Summarised below are the key operational and financial highlights of our performance during the quarter under review: • Group EBITDA recorded a significant increase of 126 per cent to Rs.9.53 billion during the quarter under review against the comparative period [2020/21 Q3: Rs.4.21 billion]. • The Group’s businesses recorded strong growth in profitability compared to […]
Advisory Council appointed for Automobile Assembling & Components Manufacturing Industries
Minister of Industries, Wimal Weerawansha recently appointed the chairman and members of the Advisory Council of the Automobile Assembling and Automobile Components Manufacturing Industries in Sri Lanka. The appointments were made as part of the programme to focus greater attention on the twenty industries coming under the purview of the Ministry. The council consists of […]
Aitken Spence Logistics to Build an additional 100,000 sq.ft. Container Freight Station
Aitken Spence Logistics recently embarked on commissioning a state – of – the – art, 100,000 sq. ft. container freight station at its main logistics complex in Mabole, Wattala. The proposed warehouse is strategically located in close proximity to the Port of Colombo and the Bandaranaike International Airport with easy access to the main highways […]
Opinion: Navigating through high maritime freight rates
By Imesha Dissanayake Maritime Freight rates have been on an upward trend since the second half of 2020. The Drewry’s composite World Container Index (WCI) as at 30th September 2021 increased to USD 10,361 per 40ft container, which is 292% higher than the same period in 2020. The average composite index of the WCI (Drewry), […]
Luxury SUVs for MPs while imports for doctors, general public held indefinitely: CMTA
The Ceylon Motor Traders Association (CMTA) has expressed its concerns on the decision the Government has taken to import 400 vehicles – including 227 luxury SUVs – to a value of Rs. 3.7 billion through the Bank of Ceylon. The Government reversed its earlier decision to cancel the order, citing the fact that the Letters […]
EDB supports exporters to continue operations during travel restrictions in Sri Lanka
The Sri Lanka Export Development Board (EDB) has made arrangements to facilitate export-oriented industries based on the circulars issued by the Government Health Authorities to continue operations of their activities during the lockdown of specific areas in the country and inter-provincial travel restrictions subject to stringent health regulations. Although travelling between provinces is restricted from […]
Hambantota Port sees highest monthly RORO volume in April
The Hambantota International Port has seen a significant increase in their RORO figures during the first 4 months of 2021, compared to the corresponding period last year. The first 4 months of this year saw 193,690 vehicles come into the port for transshipment as against 118,872 vehicles during the same period last year. 62,736 vehicles […]
EFL 3PL becomes Sri Lanka’s first Carbon Neutral logistics company
Sri Lanka’s largest logistics solutions company, EFL’s five-year march towards achieving a more sustainable operational model culminates in its certification as ‘Carbon Neutral’ as of 1st April 2021. The company’s achievement remains the culmination of a series of systematic initiatives implemented since 2016, which looked to transform its business into a far more efficient and […]
HOPE Consortium and leading experts pledge to close the global immunisation gap
Abu Dhabi’s HOPE Consortium and world-leading experts marked the end of The World Immunisation & Logistics Summittoday by pledging to close the global immunisation gap. Through a series of key discussions with global healthcare professionals, philanthropists, decision makers and senior government officials, the consensus was formed that innovation, ingenuity and inclusiveness are key to finding […]
CEAT Kelani announces 125-pct increase truck bus radial tyre production
Phase 1 to see production increase of 65% Phase 2 to increase capacity by 125% by June CEAT Kelani Holdings has announced another significant increase in production that will more than double the number of Truck Bus Radial (TBR) tyres reaching the domestic market by June this year, further supporting the national effort to reduce […]
EFL 3PL becomes first GDP Certified 3PL Service Provider for its pharmaceutical supply chain
EFL 3PL, a member of the leading conglomerate Expolanka Holdings PLC, was certified by Bureau Veritas as a ‘GDP certified 3PL service provider’ for its pharmaceutical supply chain, thereby making them the first logistics company in Sri Lanka to obtain this certification. This internationally reputed certification cements the company’s new focus on expanding its pharma […]
EFL 3PL becomes 1st logistics company to receive Covid-19 Safety Mgmt. Systems Certification
Reinforcing the compliance of its state-of-the-art logistics operation, EFL 3PL, a member of the leading conglomerate Expolanka PLC, became the first logistic company in Sri Lanka to be awarded the SLS 1672:2020 COVID-19 Safety Management Systems Certification from the Sri Lanka Standard Institution (SLSI) for all its fulfillment centers and the Global Freeport. EFL 3PL […]