Supply Chain/Logistics
40 Years out of 59: SSI Schaefer Celebrates Success of Singaporean Partners
For the 59th National Day, intralogistics expert honours homegrown partner companies that have contributed to the nation's position as the top logistics hub worldwide, as it celebrates its own 40th anniversary. SINGAPORE, Aug. 14, 2024 /PRNewswire/ -- In honour of Singapore's National Day, SSI S...
Super Terminal Expo 2024 Unveils Stellar Lineup for Conference, Announces Inaugural STE Awards Nominations
HONG KONG, Aug. 12, 2024 /PRNewswire/ -- Super Terminal Expo, Asia's pioneering passenger and cargo terminal design, construction and operations event, announces its conference program comprising over 100+ expert speakers across 80 keynote interviews, panel discussions, expert briefings and best ...
Unipart acquires rail bearing and axle box reconditioning business in Sydney, Australia
OXFORD, England, Aug. 13, 2024 /PRNewswire/ -- Unipart, the supply chain
solutions and performance improvement technologies partner, has announced the
acquisition of the former Schaeffler Rail Bearing reconditioning business in
Auburn, New South Wales.
ThroughPut.AI Unveils AI-powered Inventory Management Capabilities to Free-up Working Capital, Grow Revenue, and Expand Margins
Revolutionary AI-based Supply Chain Decision Intelligence platform launches new inventory capabilities to identify and quantify working capital savings, while predicting and recommending opportunities to accelerate revenue and profitability PALO ALTO, Calif., Aug. 13, 2024 /PRNewswire/ -- Throug...
DEMAND FOR RAW MATERIALS AND SEMI-MANUFACTURED GOODS WEAKENED IN JULY, FALLING AT FASTEST RATE THIS YEAR, SIGNALLING SLOWING ECONOMIC GROWTH: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
* Worldwide supply chain spare capacity rises, adding to the calls for the Federal Reserve to lower interest rates soon. * Asian factory demand at its weakest since December 2023, partly because of a notable decrease in purchasing by Chinese factories. * Suppliers to North America report und...
Viettel Store Partners with Anchanto to Enhance High-Tech Shopping Experience in Vietnam
* Viettel Store anticipates remarkable online sales growth ranging from double to triple digits in 2024. * Viettel Store has selected Anchanto Order Management System (OMS) to enable the scalability of their operations. * The implementation of this Order Management System will enable Viettel...
Global fleet management platform Wialon announces 4 million connected vehicles in 160 countries
* Wialon announces remarkable growth, with the number of connected vehicles increasing tenfold over nine years, from 400,000 in 2015 to 4,000,000 in 2024. * Processing 5 billion data points daily, Wialon helps fleets leverage big data to improve productivity, optimize fuel consumption, enhance...
Caravelle International Group Announces a Note and Warrant Purchase and Settlement Agreement
SINGAPORE, Aug. 8, 2024 /PRNewswire/ -- Caravelle International Group (the "Company", Nasdaq: CACO), a global ocean technology company, today announced that it has entered some agreements ( the "Agreements") with two institutional investors (the "Investors") to terminate all terms and provisions ...
NX East Asia Region Conducts Workplace Tour for Junior High School Students in Shanghai
TOKYO, Aug. 8, 2024 /PRNewswire/ -- Nippon Express (China) Co., Ltd. (hereinafter "NX China"), a group company of NIPPON EXPRESS HOLDINGS, INC., that oversees theEast Asia region, conducted a workplace tour for junior high school students inShanghai on Thursday, July 18. NX Logo: https://kyodone...
Dingdong (Cayman) Limited Announces Second Quarter 2024 Financial Results
SHANGHAI, Aug. 7, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company inChina, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter endedJune 30, 2024. Second Quar...
Guozi Robotics Powers the Shenzhen-Zhongshan Link: A Milestone in Smart Infrastructure Maintenance
HANGZHOU, China, Aug. 7, 2024 /PRNewswire/ -- On June 30, 2024, the Shenzhen-Zhongshan Link was officially inaugurated, establishing a vital connection betweenShenzhen, Zhongshan, and Guangzhou. This monumental project is renowned for being one of the most complex cross-sea channel constructions ...
1Data Technology Secures Series B+ Funding: Boosts Investment in Large Language Models to Develop World-Leading Supply Chain Digital Employee Robots
SHANGHAI, Aug. 7, 2024 /PRNewswire/ -- 1Data Technology, the global frontrunner in digital employee robots, has announced the completion of its Series B+ financing round, funded by leading investment funds inChina . 1Data Technology CEO Tommy Bian said, "This funding will expedite our R&D and st...
BBTruck Extends Pre-series A Funding to Over $6 Million to Drive Global Expansion
New funding to invest in product development, talent acquisition, and global expansion, advancing supply chain sustainability TAIPEI, Aug. 7, 2024 /PRNewswire/ -- BBTruck, a global leader in supply chain and logistics technology, announces the successful closure of its pre-series A funding round...
Samsung Biologics joins the Pharmaceutical Supply Chain Initiative as Supplier Partner
* Samsung Biologics to embed PSCI principles into business practices for responsible value chain management * Supplier Partnership reaffirms company's commitment to decarbonize and build resilient supply chains INCHEON, South Korea, Aug. 6, 2024 /PRNewswire/ -- Samsung Biologics (KRX: 207940....
U.S.-China Economic and Trade Cooperation Forum Held to Explore More Opportunities for Business Cooperation
NEW YORK, Aug. 5, 2024 /PRNewswire/ -- Ren Hongbin, Chairman of the China Council for Promotion of International Trade (CCPIT), participated and delivered a speech at U.S.-China Economic and Trade Cooperation Forum inNew York during his visit to US, along with the led delegation of Chinese busine...
ZTO to Announce Second Quarter and Half-Year Interim Financial Results of 2024 on August 20, 2024 U.S. Eastern Time
SHANGHAI, Aug. 2, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company inChina, today announced that it will release its unaudited financial results for the second quarter endedJune 30, 2024 and its...
NX Hong Kong Awards Scholarships to Vocational School
TOKYO, Aug. 2, 2024 /PRNewswire/ -- Nippon Express (H.K.) Co., Ltd. (hereinafter "NX Hong Kong"), a group company of NIPPON EXPRESS HOLDINGS, INC., held a scholarship award ceremony for students of the Hong Kong Institute of Vocational Education onFriday, June 7 at NX Hong Kong's headquarters. L...
TraceLink and Tecsys Collaboration Brings Advanced Supply Chain Management to Health Systems
BOSTON and MONTREAL, Aug. 1, 2024 /PRNewswire/ -- TraceLink Inc., the largest end-to-end intelligent supply chain platform for life sciences and healthcare, today announced a strategic partnership with Tecsys, a global leader in supply chain management solutions. For healthcare systems, a lack of...
Food Cold Chain Track and Trace Revenues Set to Surpass US$7 Billion as Operational Efficiency Demands Solutions Adoption
Real-time temperature reporting, advanced analytics reporting, and AI-powered optimization are some key use cases driving adoption in the food & beverage industry NEW YORK, Aug. 1, 2024 /PRNewswire/ -- The adoption of cold chain telematics solutions for refrigerated trucks and containers in the ...
Full Truck Alliance Co. Ltd. to Announce Second Quarter 2024 Financial Results on Wednesday, August 21, 2024
Earnings Call Scheduled for 8:00 A.M. U.S. ET on August 21, 2024 GUIYANG, China, Aug. 1, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced that it will release its second quarter 2024 unaudited financial r...
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