Logistics Data Bank (LDB) 2.0

The second iteration of the Logistics Data Bank (LDB) aims to enhance the logistics sector by enabling real-time tracking of export containers and truck movements within India. This initiative is intended to boost logistics efficiency and reduce costs for the industry.

Key Features and Benefits

• Real-Time Tracking: LDB 2.0 facilitates real-time tracking of: 
  1. Export containers on the high seas.
  2. Truck movements within the country.
• This allows for more efficient logistics management. 
• Performance Assessment: The system supports real-time assessment of logistics performance, aiding in: 
  1. Better planning.
  2. Higher efficiency.
  3. Cost reduction.
• Compliance Monitoring: Enables monitoring of trucks' compliance with regulations, ensuring smoother operations. 
• Global Coordination: Exporters can track containers even after they depart from Indian ports, enhancing coordination and credibility in global markets. 
• Live Container Heatmap: Offers location-based views of container distribution across India, helping stakeholders and policymakers: 
  1. Identify imbalances.
  2. Proactively respond to potential bottlenecks.

According to Rajat Saini, CEO and Managing Director of the National Industrial Corridor Development Corporation (NICDC), LDB 2.0's capabilities will significantly enhance logistics planning and execution.