Kale Logistics has announced that it has signed a Memorandum of Understanding (MoU) with Tuticorin CFS Association (TCFSA) to deliver India’s first Container Digital Exchange (CODEX), which will automate the container movement at Tuticorin Port and reduce the container dwell times.
As per the MoU, TCFSA and Kale Logistics have agreed to co-operate with a view to provide a ‘Digital Community Platform’ to enable effective management of cargo information and documentation flows, such that it eliminates/reduces manual paperwork considerably.
This move promises to improve and contribute to the movement of EXIM containers in and out of the Tuticorin Port from/to the Tuticorin based CFS/ICDs.
The CODEX platform will electronically connect CFS/ICDs, Transporters, port authority, customs, port terminal operators and security forces (Central Industrial Security Force-CISF).
Mr. S. Anantha Chandra Bose, Chairman of the Tuticorin Port Trust said: “Tuticorin is a progressive and prominent port in the region. We have recently expanded the port gates and are introducing a toll gate to enable seamless access to the port.
“The container digital exchange is the first of its kind initiative at an Indian Port which promises to reduce the current documentation process from two hours to almost a quarter its time.”
Mr. David Raja, President of TCFSA, said: “With the CODEX platform, we look forward to better manage multiple document exchange between our members and trade partners, streamline the processes involved in container movement, track queue issue at port and reduce overall dwell time.”
Mr. Vineet Malhotra, Senior Vice President- Kale Logistics Solutions, said: “We are already in the space of developing cargo community platforms, having created India’s first cargo community platform ‘Uplift’ back in 2011. Since, we have prominent CFS/ICD system installations in India and other countries, we exactly know what Global Technology practices needs to be followed for a progressive port like Tuticorin.”
Container Digital Exchange (CODEX) is an EDI based electronic platform through which communication, information exchange, connectivity and electronic processing of key business transactions/operations can be facilitated between all container stake-holders at the Port and its related logistics value chain.
Fact File: TCFSA is the association of container freight stations in Tuticorin representing major CFS/ICDs operating at Tuticorin Port. TCFSA actively works with Government bodies to take up member issues and bring in positive reforms.
Fact File: Kale Logistics Solutions is a leading global IT solutions provider focused on the logistics airports and transportation industry.