TAIWAN's logistics major Dimerco has been awarded multimodal transport operator (MTO) status in India, opening growth opportunities throughout the subcontinent, says the company.
The MTO licence allows Dimerco to move cargo from any land point in India to and from any destination in the world, under a single Contract of Carriage.
Under the Multimodal Transportation Act, only those companies registered by the Director General of Shipping can conduct multimodal transportation, said the Dimerco statement.
'Dimerco's MTO accreditation demonstrates that it has the necessary expertise, infrastructure and financial status to undertake such Multimodal Transportation,' said the company.
What makes the MTO so important, said Dimerco CEO Edward Lin is that manufacturing hubs in India, which contribute a major share of exports, are located deep in the hinterland far away from the gateway ports.
'Therefore, the potential for multimodal transportation - including long and short hauls - is immense. As a multimodal transport operator, Dimerco can now take responsibility for transporting cargo from one point to another, utilising more than one mode of transport, ensuring door to-door movement,' said Mr Lin.
'We can also now work better with ocean carriers, since carriers do not handle shipments from offline/inland areas of India, so for Dimerco MTO recognition is key for our business development and carrier relationships in India,' he said.
The MTO certification also wins Dimerco recognition within global forwarding as approved by the Indian government for multimodal transport operations.
The MTO licence allows Dimerco to move cargo from any land point in India to and from any destination in the world, under a single Contract of Carriage.
Under the Multimodal Transportation Act, only those companies registered by the Director General of Shipping can conduct multimodal transportation, said the Dimerco statement.
'Dimerco's MTO accreditation demonstrates that it has the necessary expertise, infrastructure and financial status to undertake such Multimodal Transportation,' said the company.
What makes the MTO so important, said Dimerco CEO Edward Lin is that manufacturing hubs in India, which contribute a major share of exports, are located deep in the hinterland far away from the gateway ports.
'Therefore, the potential for multimodal transportation - including long and short hauls - is immense. As a multimodal transport operator, Dimerco can now take responsibility for transporting cargo from one point to another, utilising more than one mode of transport, ensuring door to-door movement,' said Mr Lin.
'We can also now work better with ocean carriers, since carriers do not handle shipments from offline/inland areas of India, so for Dimerco MTO recognition is key for our business development and carrier relationships in India,' he said.
The MTO certification also wins Dimerco recognition within global forwarding as approved by the Indian government for multimodal transport operations.