Supply Chain/Logistics
J&T Express Turns to Net Profit in H1 2024 China Market Turns Profitable for First Time
Solidifies its leading position in Southeast Asia with rising market share, while its parcel volume growth in China outpaces the industry HONG KONG, Aug. 21, 2024 /PRNewswire/ -- J&T Global Express Limited ("J&T Express" or "J&T" or "the Company", stock code: 01519), a global logistics service p...
ZTO Reports Second Quarter 2024 Unaudited Financial Results
Robust Profitable Growth amidst Consumption Mix-shift Adjusted Net Income Grew 10.9% to RMB2.8 Billion US$0.35 per Share Interim Dividend Announced SHANGHAI, Aug. 21, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in ...
GAS Entec and AG&P to Build a Strategic LNG Terminal in the Kingdom of Jordan
The LNG terminal in the port city of Aqaba is critical for Jordan's energy independence and security * Jordan, a country with a population of 11 M with a GDP of US$ 48.6 B has historically relied on pipeline gas as a key fuel for its power and industrial requirements. * The terminal shall be...
GLOBAL LOGISTICS FORUM 2024 TO BE HELD IN RIYADH UNDER THE PATRONAGE OF KING SALMAN BIN ABDULAZIZ AL SAUD
RIYADH, Saudi Arabia, Aug. 20, 2024 /PRNewswire/ -- The Ministry of Transport and Logistics Services has announced the Global Logistics Forum 2024, scheduled fromOctober 12 to 14 at the King Abdullah Financial District. Under the esteemed patronage of the Custodian of the Two Holy Mosques, KingSa...
Prenetics Announces Acquisition of Europa Sports Partners in Strategic Expansion to Consumer Health and Wellness Industry
Europa Is One of the Largest Sports Nutrition Distributors With a Network of 10,000+ Gyms Across the United States Supports Prenetics' New Health and Wellness Brand IM8 with David Beckham as its Co-Founding Partner Projected Revenue of $100 Million+ in Consumer Segment for FY2025 CHARLOTTE, N.C...
Urovo Recognized as Impinj Gold-Level Partner to Advance RFID Applications
SINGAPORE, Aug. 19, 2024 /PRNewswire/ -- Urovo
SF Intra-city (9699.HK) to be Included in Hang Seng Composite Index, is expected to enter Stock Connect on 9th September
HONG KONG, Aug. 19, 2024 /PRNewswire/ -- Hangzhou SF Intra-city Industrial Co., Ltd. ("SF Intra-city" or the "Group", Stock Code: 9699.HK), China's largest third-party on-demand delivery service provider, is pleased to announce that, according to the results of the Hang Seng Index series review a...
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...
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...
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...
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...
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...
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