Supply Chain/Logistics
Hyundai Motor Company signs MOU with Poh Tiong Choon Logistics to Develop Hydrogen Ecosystem in Singapore
* Both parties will collaborate to jointly establish and promote hydrogen-based mobility inSingapore * As Singapore works towards achieving net-zero emissions by 2050, this partnership brings the country one step closer towards a hydrogen ecosystem * Areas of focus as part of MOU include com...
BEST Inc. Announces Appointment of Financial Advisor and Legal Counsel to the Special Committee
HANGZHOU, China, Nov. 23, 2023 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia, today announced that the independent special committee (the "Special Committee") of the Co...
CrimsonLogic, a Leader in Digital Trade Facilitation Solutions, Announces Its Wholly-Owned Subsidiary, Global eTrade Services (GeTS), Will Operate Under the CrimsonLogic Brand as Part of Global Brand Consolidation in the Asia Pacific Region
SINGAPORE, Nov. 23, 2023 /PRNewswire/ -- CrimsonLogic, a leader in digital trade facilitation solutions and a member of the PSA Group, has announced that from1 January 2024, the company's wholly-owned subsidiary, Global eTrade Services (GeTS) will operate under the CrimsonLogic brand. This strate...
BEST Inc. Announces Unaudited Third Quarter 2023 Financial Results
HANGZHOU, China, Nov. 22, 2023 /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 third quarter endedSeptemb...
Geotab, Lytx, Samsara, Solera, and PowerFleet Take the Lead in ABI Research's Commercial Video Telematics Vendor Competitive Ranking
NEW YORK, Nov. 22, 2023 /PRNewswire/ -- The new Competitive Ranking by global technology intelligence firmABI Research provides an in-depth and unbiased examination of nine solution providers of Video Telematics solutions for commercial fleets while at the same time delivering market trends, anal...
Walmart to Revolutionize Sourcing through Cutting-Edge Initiative with Next-Gen Tech Innovator, Bamboo Rose
BOSTON, Nov. 21, 2023 /PRNewswire/ -- Today, Bamboo Rose announced a joint project with retail giant, Walmart, to develop and implement a state-of-the-art enterprise sourcing platform (ESP) revolutionizing the way the company does business with tens of thousands of suppliers around the world. The...
OutSystems Accelerates Gulf Marine's Digital Transformation Journey with New Application
The low-code platform enabled the marine lubricant supplier to reduce up to 30% of quotation processing time. SINGAPORE, Nov. 21, 2023 /PRNewswire/ -- OutSystems, a global leader in high-performance application development, has partnered with Gulf Marine, a global lubricant supplier for the ship...
Full Truck Alliance Co. Ltd. Announces Third Quarter 2023 Unaudited Financial Results
GUIYANG, China, Nov. 20, 2023 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the third quarter endedSeptember 30, 2023. Third Quarter 2023 Financial and Operational Highlig...
NX USA Participates in Breakbulk Americas 2023
TOKYO, Nov. 20, 2023 /PRNewswire/ -- Nippon Express U.S.A., Inc. (hereinafter "NXUSA"), a group company of NIPPON EXPRESS HOLDINGS, INC., took part in Breakbulk Americas 2023 inHouston, Texas, from Tuesday, September 26, to Thursday, September 28. Logo: https://kyodonewsprwire.jp/img/20231113271...
ZTO Reports Third Quarter 2023 Unaudited Financial Results
Adjusted Net Income Grew 25.0% to RMB2.3 Billion Market Share Increased to 22.4% with 7.5 Billion Parcels SHANGHAI, Nov. 17, 2023 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today ann...
Jayud to Present at The Benchmark Company's Upcoming Discovery One-on-One Investor Conference
SHENZHEN, China, Nov. 16, 2023 /PRNewswire/ -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solution provider based inShenzhen, specializing in cross-border logistics, today announced it will be presenting at The Benchmark Company's 12...
Parcel+Post Expo 2023 | WallTech: Transforming Logistics with a Global Cloud Collaborative Network
SHANGHAI, Nov. 15, 2023 /PRNewswire/ -- On October 24th-26th, the 2023 Parcel+Post Expo was held grandly inAmsterdam, the Netherlands. Recognized as one of the leading global events for the world's parcel delivery, e-commerce logistics, and postal industries, PARCEL+POST EXPO serves as the prima...
Domino's dxb marks the Future of Delivery
Latest innovative temperature-controlled pizza pod
SINGAPORE, Nov. 16, 2023 /PRNewswire/ -- Domino's Pizza Enterprises Ltd
(Domino's) is boldly going where no pizza company has gone before, launching a
revolutionary new e-bike destined to change the food delivery universe forever.
CARGOBASE EXPANDS GLOBAL FOOTPRINT WITH NEW OFFICE IN KUALA LUMPUR, MALAYSIA
SINGAPORE, Nov. 16, 2023 /PRNewswire/ -- Cargobase, the global logistics tech platform for enterprise shippers, is pleased to announce the opening of its new office inKuala Lumpur, Malaysia, as part of its strategic expansion to better serve a growing customer base. The new office in Kuala Lum...
UPS COMPLETES EXPANSION OF CLARK AIRPORT HUB
CLARK, Philippines, Nov. 16, 2023 /PRNewswire/ -- Global logistics leader UPS (NYSE: UPS) has completed a major expansion of its package sorting hub at Clark Airport. The move, which sees the facility nearly double in size, will allow UPS to process up to 30% more packages per hour and means c...
NO END TO GLOBAL MANUFACTURING RECESSION IN SIGHT AS SUPPLY CHAINS WORLDWIDE REMAIN SIGNIFICANTLY UNDERUTILIZED: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
* Asia's suppliers see largest rise in idle capacity since June 2020 as the region's economic resilience fades * Europe reported a 7 th successive month of substantial excess vendor capacity, and 17th successive month of subdued demand, reflecting recessionary conditions * In contrast, supp...
NX China Presents Endowed Lecture at Beijing Wuzi University
TOKYO, Nov. 15, 2023 /PRNewswire/ -- Nippon Express (China) Co., Ltd. (hereinafter "NX China"), a group company of NIPPON EXPRESS HOLDINGS, INC., presented its 13th endowed lecture at Beijing Wuzi University (hereinafter "BWU") onOctober 26. Logo: https://kyodonewsprwire.jp/img/202311132706-O3-...
WEPACK ASEAN, Southeast Asia's Largest Packaging and Converting Exhibition, is coming to Malaysia
KUALA LUMPUR, Malaysia, Nov. 15, 2023 /PRNewswire/ -- WEPACK ASEAN 2023, organized by Reed Exhibitions (RX), will be held at the Malaysia International Trade & Exhibition Centre fromNovember 22-24, 2023. WEPACK ASEAN 2023, the international trade show by WEPACK featuring themed sections includin...
Geekplus projects win in three categories in the 2023 Supply Chain Excellence Awards
* Geekplus, beside partners Asda Logistics, AMH Material Handling and Dr. Max Romania, has been recognized as the best project in three different ACEA award categories: The Unipart Logistics Digital Transformation Award, The Healthcare & Pharmaceutical Supply Chain Excellence Award, and the Vi...
DHL Express opens newly expanded global hub in Hong Kong, firmly positions itself for global trade recovery
* The total investment into the Central Asia Hub is EUR 562 million, making it the largest infrastructural investment by DHL Express inAsia Pacific, to date * The Hub is one of three DHL Express global hubs connecting Asia Pacific with the rest of the world and also supports intra-Asia trade ...
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