Supply Chain/Logistics
SingPost Completes Sale of FMH, Unlocking S$289.5 Million[1] Gain
SINGAPORE, March 27, 2025 /PRNewswire/ -- Singapore Post Limited ("SingPost") today announced the successful completion of the divestment of its Australian logistics business, Freight Management Holdings ("FMH")[2] to Pacific Equity Partners ("PEP"). The sale, valued at an enterprise value ofA$1....
GEP PLACED IN THE LEADERS QUADRANT IN GARTNER® 2025 MAGIC QUADRANT™ FOR SOURCE-TO-PAY SUITES
* Gartner recognizes GEP as a Leader based on its 'Completeness of Vision' and 'Ability to Execute' CLARK, N.J., March 26, 2025 /PRNewswire/ -- GEP®, a leading provider of AI-powered procurement and supply chain software for Fortune 500 and Global 2000 enterprises worldwide, today announced tha...
NX Automotive Logistics (China) Takes Part in Tree-planting Activity in Guangzhou City
- 50 Saplings Planted in Celebration of "National Tree Planting Day" - TOKYO, March 26, 2025 /PRNewswire/ -- Nippon Express Automotive Logistics ( China) Co., Ltd. (hereinafter, NX Automotive Logistics (China)), a group company of NIPPON EXPRESS HOLDINGS, INC., participated in a tree-planting act...
LRQA strengthens its commitment to Supply Chain Sustainability at the Asia Pacific Supply Chain Sustainability Summit 2025
SINGAPORE, March 26, 2025 /PRNewswire/ -- As stricter regulations, growing sustainable investment, and increasing customer demand for sustainability drive significant change,Asia Pacific is increasingly under the spotlight for global supply chains. Against this backdrop, LRQA was proud to sponsor...
Jungheinrich delivers Customised Racking Solution to Toll's Green Warehouse in Tullamarine, Melbourne
MELBOURNE, Australia, March 25, 2025 /PRNewswire/ -- The Germany-headquartered global leading material handling solution provider Jungheinrich announced that they have collaborated with Toll Group to provide a customised racking solution for Toll's new 10,000 sqm temperature-controlled healthcare...
3rd CISCE European Promotion Event: Pioneering New Frameworks for Global Supply Chain Collaboration
BELGRADE, Serbia, March 24, 2025 /PRNewswire/ -- From March 17th to 21st, the China Council for the Promotion of International Trade (CCPIT) led a delegation of Chinese entrepreneurs on a visit toItaly and Serbia. During the tour, CCPIT hosted the Economic and Trade Cooperation Forum in concert w...
NX Taiwan Receives Occupational Health and Safety Management System Certification
- Maintaining Safe, Healthy and Competitive Work Environment Top Priority - TOKYO, March 24, 2025 /PRNewswire/ -- Nippon Express (Taiwan) Co., Ltd. (hereafter "NX Taiwan"), a group company of NIPPON EXPRESS HOLDINGS, INC., acquired ISO 45001:2018 certification for its occupational health and safe...
/C O R R E C T I O N -- dltledgers/
In the news release, Proteus powered Hindalco digital manufacturing platform wins this year's national manufacturing leadership award, issued08-Mar-2025 by dltledgers over PR Newswire, we are advised by the company that revisions are necessary for the first and fifth paragraphs, while the sixth p...
NX Logistics Philippines Joins Symposium on Improving Logistics in Philippines
TOKYO, March 21, 2025 /PRNewswire/ -- NX Logistics Philippines, Inc. (hereafter "NX Logistics Philippines"), a group company of NIPPON EXPRESS HOLDINGS, INC., participated in a logistics symposium -- "Aiming for Advanced Logistics inthe Philippines: Improvement of Logistics in ASEAN Island Region...
ANE Achieves 64.2% Adjusted Net Profit Growth in 2024, Beating Both Revenue and Profit Guidance to Dominate the Market
SHANGHAI, March 21, 2025 /PRNewswire/ -- On March 20, ANE (Stock Code: 9956.HK), China's leading less-than-truckload (LTL) market leader, announced its 2024 annual results. Key highlights include: - LTL freight volume: 14.15 million tons (+17.5% YoY) - Revenue: RMB11.58 billion (+16.7% YoY) -...
Kerry Logistics Network Wins Award for Best Sustainability-Linked Loan - Logistics At The Asset Triple A Sustainable Finance Awards 2025
HONG KONG, March 20, 2025 /PRNewswire/ -- Kerry Logistics Network Limited ('KLN'; Stock Code 0636.HK) is honoured to receive the Best Sustainability-Linked Loan – Logistics accolade at The Asset Triple A Sustainable Finance Awards 2025 (the 'Awards'), recognised for the five-year HK$1 billion syn...
GEP PROCUREMENT SOFTWARE SECURES THE TOP RANKING IN SPEND MATTERS SPRING 2025 SOLUTIONMAP, DOMINATING 12 CATEGORIES
* Citing innovation, depth, and AI-driven intelligence, Spend Matters ranked GEP SMART as the highest-rated solution suite for the eighth consecutive report. * GEP outscored 105 other solution providers in source-to-contract (S2C) suites, source-to-pay (S2P), supplier risk management, and the f...
China-Austria Economic and Trade Cooperation Forum and 3rd CISCE Promotion Held in Vienna
VIENNA, March 19, 2025 /PRNewswire/ -- The China-Austria Economic and Trade
Cooperation Forum, in conjunction with a promotional event for the third China
International Supply Chain Expo
Fibocom Unveils the First LTE Cat.1 bis Module L610-IN with IRNSS and NAVIC for India
NEW DELHI, March 19, 2025 /PRNewswire/ -- March 19, Fibocom (Stock code:300638), a global leading provider of AIoT solutions and wireless communication modules, launched the L610-IN, the first LTE Cat.1 bis module that supports dual-mode, dual-frequency positioning technology with IRNSS (Indian ...
Global leader in Temperature-Controlled solutions expands in Christchurch, New Zealand
Americold Breaks Ground in Christchurch, Doubling Site Capacity to Support FMCG, Retail, and QSR Business Growth CHRISTCHURCH, New Zealand, March 18, 2025 /PRNewswire/ -- Americold, a global leader in temperature-controlled storage, logistics and value-added services, today announced the groundb...
ZTO Reports Fourth Quarter 2024 and Full Year 2024 Unaudited Financial Results
Annual Volume Increased to 34.0 Billion Parcels RMB10.2 Billion Full Year Adjusted Net Income Grew 12.7% US$0.35 per Share Semi-Annual Dividend Announced SHANGHAI, March 19, 2025 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery comp...
Supply & Demand Chain Executive Names TraceLink's CTO, Bob Sturim, as a 2025 Pro to Know
BOSTON, March 18, 2025 /PRNewswire/ -- TraceLink, the largest end-to-end digital network platform for intelligent supply chain orchestration, proudly announcesBob Sturim, TraceLink Chief Technology Officer, as one of the winners of this year's Supply & Demand Chain Executive's Pros to Know Awards...
SingPost Invests S$30 million to Boost Processing Capacity in Regional eCommerce Logistics Hub
* Investment in eCommerce capacity as pathway for growth for Singapore business * Plans to consolidate all operations at Regional eComm LogHub * SingPost working with the Government on a business model to ensure long-term financial sustainability of postal services including the Post Office ...
KLN Selected by Teva as its Exclusive 4PL Service Provider in the Greater Bay Area
HONG KONG, March 13, 2025 /PRNewswire/ -- Kerry Logistics Network Limited ('KLN'; Stock Code 0636.HK), through its subsidiary, Kerry Pharma, and Teva Pharmaceutical Hong Kong Limited ('Teva') entered into an exclusive agreement for fourth-party logistics (4PL) distribution services inHong Kong, M...
TraceLink Selected as a CIOReview Top Supply Chain Solution Provider of 2025
BOSTON, March 11, 2025 /PRNewswire/ -- TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, has been recognized by CIOReview as a Top Supply Chain Solution Provider of 2025. This award highlights TraceLink's innovative approach to driving s...
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