LDB Container Tracking Solutions: A Panacea for Those Dealing in Shipping Business

 NICDC Logistics Data Services (NLDS), formerly DMICDC Logistics Data Services (DLDS) deployment of Logistics Databank System (LDB) has proved to be an ultimate performance enhancer of the logistics industry in India. Working on the new-age IOT (RFID technology), BIG Data, and Cloud-based solutions, LDB currently covers 100of India’s container volumeBy now, over 30 million containers have been tracked using the LDB services.


LDB Services offers much more than just tracking of containers 


The role of LDB is confined not only to container tracking and tracing but involves so many things that smoother the entire supply chain. Apart from container tracking solutions, the LDB system provides:


  • Quick decision-making capability

  • Improved competitiveness of logistics and manufacturing industries

  • Better governance across the supply chain

  • Complete transparency and visibility

  • Performance evaluation of ports, Inland Container Depots (ICDs), Container Freight Stations (CFSs), and supply chain industry.

  • Port lead time

  • Port dwell time.

 

Revenue Department plans to integrate e-way bill with NHAI’s FASTag


Tracking cargo, containers as well as bulk is imperative for minimizing logistics cost from the present 14% of the GDP to global standards of 8% to become competitive in the export market. Looking into the benefits offered by the LDB services, the Revenue Department of India has also planned to integrate e-way bill with NHAI’s FASTag mechanism and NICDC’s Logistics Data Bank (LDB) services to move goods faster and easier.


LDB: addressing higher logistics cost to GDP ratio


Apart from giving exact and accurate information on Port lead time and Port dwell time, LDB is helping in addressing higher logistics cost to GDP ratio by providing better visibility while inculcating competition. 


The system has:


  • Brought in a reduction in lead time and transaction

  • Attract various companies to open up new units that have resulted in more employment and more development of the Indian economy. 

  • Promoted the modal shift from truck to rail transport

  • Improved environmental conditions of India by helping reduce the carbon footprint.


Concluding Remarks 


As a single-window solution for the entire supply chain, LDB provides analytics reports that not only capacitate the shippers to access real-time vessel movement, Port lead time and Port dwell time but also help in imbibing a growth spiral in which visibility and transparency are very important.  

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