Supply Chain/Logistics
Dachser acquires food logistics provider Brummer
With the acquisition of Brummer, the partner in the European Food Network for the transport of temperature-controlled food betweenGermany, Austria, and neighboring countries, Dachser is strengthening its network for the transport and storage of food inEurope. HONG KONG, April 11, 2024 /PRNewswi...
Food Cold Chain Track and Trace Technology Revenues Set to Exceed US$7 Billion Amid Growing Regulatory Scrutiny on Food Supply Chains
NEW YORK, April 9, 2024 /PRNewswire/ -- Investments in temperature and humidity monitoring solutions are set to surge in the global food industry due to increasing traceability reporting demands. The implementation of the Food Safety Modernization Act (FSMA) inthe United States amplifies this tre...
Unipart announces financial results for the year ended 31 December 2023
Unipart delivers strong growth and revenues exceed £1bn Profits recovered well following a year of significant growth and expansion * Like-for-like revenue increase by 14.2% to more than £1bn for the first time * Profit recovers and exceeds pre Covid levels * Strong year end cash position with...
Tan Xuguang Advocates for Unified Strategy: SINOTRUK and SHACMAN Aim for Synchronized Collaboration in Expanding into the Philippine Market
HONG KONG, April 5, 2024 /PRNewswire/ -- On April 4-5, Tan Xuguang presided over a symposium inHong Kong for Philippine dealers of SINOTRUK and SHACMAN. The purpose of the symposium was to foster deep exchanges with 11 strategic core dealers, gain a thorough understanding of the frontline market,...
Shipsy Recognized as a Niche Player in 2024 Gartner® Magic Quadrant™ for Transport Management Systems
GURUGRAM, India, April 4, 2024 /PRNewswire/ -- Shipsy
Pando.ai is recognized by Gartner® in the 2024 International Context of Magic Quadrant™ for Transportation Management Systems, Amidst Record Growth in North America and Asia Pacific
The leading provider of logistics AI for Fortune 1000 enterprises is experiencing hyper-growth in the North American & European markets, and this momentum is fueled by recent industry recognitions, high-profile customer wins, and a proven track record of delivering significant value. CHICAGO, Ap...
Electronic Shelf Label Revenues to Exceed US$6.2 Billion by 2030 Amid Retailers' Response to a Shrinking Workforce
Retailers increasing spend on advanced technologies to improve operating models as labor forces dwindle and costs rise NEW YORK, April 3, 2024 /PRNewswire/ -- In retail stores, technology is being increasingly leveraged to enhance customer experiences, improve product availability, and address l...
Hyundai Motor and Kia's DAL-e Delivery Robot Arrives, Ready to Revolutionize Indoor Autonomous Delivery Services
* Hyundai Motor and Kia unveil DAL-e Delivery's new design and advanced technologies, such as autonomous driving and face identification * The robot's design is based on Plug & Drive (PnD) modules to improve delivery performance, especially in complex settings like offices and malls * DAL-e ...
CyberLogitec introduces new corporate CI 'CLT'
SEOUL, South Korea, April 1, 2024 /PRNewswire/ -- CyberLogitec, the leading IT company in maritime, port/terminal, and logistics operations technologies announced that its CI (Corporate Identity) was renewed on1st April 2024. The new logo has renewed from the previous 'CyberLogitec' to the new 'C...
From Ningbo to the world: China's port city evolving into global opening-up hub
NINGBO, China, March 27, 2024 /PRNewswire/ -- For many people, the city of Ningbo may not sound as well-known as metropolis such asBeijing and Shanghai inChina, but it may be closer to the daily life: the Chinese-made hardware tools, rice cookers and even new energy vehicles people bought are ver...
BEST Inc. Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results
HANGZHOU, China, March 27, 2024 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia ("SEA"), today announced its unaudited financial results for the fourth quarter and fiscal...
German manufacturer Karcher opens regional distribution centre at Tatu City, Kenya
Brings a wide range of innovative products aiming to become the market leader for cleaning solutions inEast Africa TATU CITY, Kenya, March 28, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market. The mo...
AliExpress becomes the first exclusive e-commerce partner of UEFA EURO 2024™
AliExpress is investing millions of Euros in discounts, deals and engagement to connect online consumers with the fantastic game of football this summer BERLIN, March 27, 2024 /PRNewswire/ -- International online retail marketplace, AliExpress, has become the first e-commerce platform as an excl...
Zhicheng 60: ZPMC's Pioneering Offshore SOV Sets Sail with Successful Sea Trial Completion
SHANGHAI, March 27, 2024 /PRNewswire/ -- Shanghai Zhenhua Heavy Industries (ZPMC) recently heralded a significant achievement with the successful completion of sea trials for its latest offshore Service Operation Vessel (SOV), Zhicheng 60, a state-of-the-art vessel designed for the burgeoning of...
Omdia: Global semiconductor supply chain set to see growth in 2024 as GenAI demand increases
LONDON, March 27, 2024 /PRNewswire/ -- New research from Omdia
SF Intra-city Realised Profitability in 2023, Demonstrating High-Quality and Healthy Growth
Net Profit from Continuing Operations Reached RMB 64.9 Million Multi-scenario Business Model Driving Business Integration and Healthy Operation Results Highlights * Revenue amounted to approximately RMB12,387.4 million, steadily increased by 21.1% year-on-year, and the total order volume increa...
BorgWarner, Goodman Group, Windrose EV trucks, and Decathlon collaborate on one of the world's fastest mega-watt chargers
HONG KONG, March 26, 2024 /PRNewswire/ -- With customers looking to decarbonise their supply chains, BorgWarner New Energy (Xiangyang) Co., Ltd. has announced a collaboration with global industrial real estate company Goodman Group, and zero-emission long-haul truck developer Windrose Technology,...
PEPSICO BUILDS HIGH-CAPACITY LOGISTICS AUTOMATON SYSTEM WITH DEMATIC IN THAILAND
BANGKOK, March 26, 2024 /PRNewswire/ -- PepsiCo, a global leader in convenient foods and beverages, has reached a significant milestone in its vision of a digitalised future, having recently partnered with Dematic to integrate automation as a central feature of its expanded production and logisti...
Innovation Solutions Unveiled at the 1st IOT Data Hackathon - A Showcase of Talent and Creativity
HONG KONG, March 25, 2024 /PRNewswire/ -- 24 March 2024 marked the culmination of the highly anticipatedIOT Data Hackathon 2024, an event organized by GS1 Hong Kong in collaboration with Hong Kong Cyberport Management Company Limited and The Hong Kong Science and Technology Parks Corporation, sup...
Dachser stays on course and expands its global network
* Investments in several acquisitions and new joint ventures worldwide. * European overland transport provides stability; air and sea freight suffers from overcapacity and decline in rates. * Investments totaling around EUR 500 million are planned for 2024. HONG KONG, March 25, 2024 /PRNewsw...
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