Supply Chain/Logistics
Demand for commodities, raw materials and components at its softest in nearly a year, signaling persistent weakness in the global economy: GEP Global Supply Chain Volatility Index
* Supply chain spare capacity rose in Europe, Asia and North America in December as slack reaches its greatest level sinceJuly 2023. * Notably, excess capacity at Asia's suppliers rises to a level not seen since June 2020, suggesting a manufacturing recovery is still some way off * Input dema...
Dr. Tobias Burger becomes COO Air & Sea Logistics at Dachser
Focus on growth in global markets and integrated groupage transport HONG KONG, Jan. 12, 2024 /PRNewswire/ -- Since the turn of the year, Dr. Tobias Burger (46) has been the new Chief Operations Officer (COO) Air & Sea Logistics and a member of the Executive Board at logistics provider Dachser. T...
Logicbroker Acquires Cortina; Expanding Comprehensive Marketplace & Dropship Solutions
CHICAGO, Jan. 11, 2024 /PRNewswire/ -- Logicbroker, a leading provider of multi-vendor commerce SaaS solutions and a portfolio company of K1 Investment Management, is pleased to announce that it has acquired Cortina, an emerging leader of marketplace and dropship solutions. Cortina has developed...
Nippon Express (China) and Nippon Express (Shanghai) Hold Scholarship Award Ceremony at Shanghai Maritime University
TOKYO, Jan. 11, 2024 /PRNewswire/ -- Nippon Express (China) Co., Ltd. (hereinafter "NX China"), and Nippon Express (Shanghai) Co., Ltd. (hereinafter "NX Shanghai"), both group companies of NIPPON EXPRESS HOLDINGS, INC., held a scholarship award ceremony at Shanghai Maritime University (SMU) on De...
Yamato Transport to Launch Quick Small-parcel Ocean Freight Forwarding Service for Cross-border EC Operators
- Systematized Import Customs Clearance and Bonded Operations Enable Delivery fromSouth Korea in Minimum 4 Days and from China in Minimum 5 Days - TOKYO, Jan. 11, 2024 /PRNewswire/ -- Yamato Transport Co., Ltd. (hereinafter "Yamato Transport") will begin offering a small-parcel ocean freight forw...
Investor Confidence Grows as Agroshift Secures New Investment from ADB Ventures
DHAKA, Bangladesh, Jan. 11, 2024 /PRNewswire/ -- Agroshift
Coca-Cola Singapore partners XSQUARE to launch new Autonomous Forklifts and Warehouse Orchestration System
SINGAPORE, Jan. 11, 2024 /PRNewswire/ -- Coca-Cola has launched five new
autonomous forklifts (AGVs) at its regional beverage concentrate plant in
Singapore, in partnership with XSQUARE Technologies (XSQUARE), Asia Pacific's
leading intelligent warehouse automation solutions provider.
Amerijet Improves Capital Structure and Financial Position
Strategic Restructuring Completed in Partnership with and Support of Company Stakeholders Company to Continue Serving Customers with Updated Fleet MIAMI, Jan. 11, 2024 /PRNewswire/ -- Amerijet International Airlines, a leading provider of global air cargo services, announced today that it has ...
Supply Chain Control Towers Revenue Set to Surpass US$10 Billion as Industries Seek to Unify and Leverage Supply Chain Data
NEW YORK, Jan. 10, 2024 /PRNewswire/ -- Investment in Supply Chain Control Towers (SCCTs) is set to grow extensively over the coming years across all industries that seek to unify and leverage their supply chain data. According to global technology intelligence firmABI Research, supply chain cont...
Brenntag Essentials strengthens its distribution platform in Southeast Asia by inaugurating a new mixing and blending facility in Vietnam
* The new facility is a key strategic investment to strengthen Brenntag Essentials' distribution platform inSoutheast Asia, the first of the company's tollgates with mixing and blending capabilities inVietnam * Customers in Vietnam will benefit from fast and flexible solvent-based solutions a...
Michael Larsson Announced as New President of Dematic and Member of Executive Board of KION Group AG
ATLANTA, Jan. 10, 2024 /PRNewswire/ -- Dematic today announced that KION Group
AG (KGX.DE) has appointedMichael Larsson as President of Dematic Corp. and
Member of the Executive Board of KION Group AG. Larsson succeeds Hasan
Dandashly, who has retired from the company.
Sphera Acquires SupplyShift, a Pioneer in Supply Chain Sustainability Software
Acquisition enhances the leading ESG firm's supply chain offering with expanded supplier mapping, scoring and traceability capabilities to further empower customers in creating sustainable supply chains CHICAGO and SANTA CRUZ, Calif., Jan. 9, 2024 /PRNewswire/ -- Sphera, a leading global provide...
Ministerial Roundtable Sets Stage for Future Minerals Forum 2024: A Global Collaboration on Sustainable Minerals
Over 77 countries set to join including G20 countries US, UK, China, and Japan RIYADH, Saudi Arabia, Jan. 9, 2024 /PRNewswire/ -- The Ministerial Roundtable, a pivotal precursor to the third edition of the Future Minerals Forum, is poised to take the spotlight on9 January 2024. Led by its Chair, ...
Ridgewood Infrastructure Extends its Leadership Position in the U.S. Water Sector with the Acquisition of Waste Resources Management (WRM)
NEW YORK, Jan. 8, 2024 /PRNewswire/ -- Ridgewood Infrastructure LLC ("Ridgewood "), a leading infrastructure investor in the U.S., today announced the acquisition of Waste Resources Management ("WRM"), a mission-critical provider of liquids and wastewater collection, treatment, and disposal servin...
DHL Express Appoints New Managing Director for Hong Kong and Macau
* Effective January 1, 2024, Andy Chiang takes over the reins of DHL Express Hong Kong andMacau from Ng Chee Choong * Andy Chiang is a DHL veteran with 30 years of service at the company * Ng Chee Choong is appointed as the Managing Director of DHL Express Taiwan HONG KONG, Jan. 8, 2024 /PRN...
amfori extends its Quality Management Initiative (QMI) in three more key sourcing countries in Asia
From China to India, Thailand and Vietnam to boost governance performance of global supply chains across all non-food industries. HONG KONG, Jan. 4, 2024 /PRNewswire/ -- amfori, the leading global business association for sustainable trade, announced today that its Quality Management Initiative ...
Harnessing the Transformative Power of Cold Chain Logistics with SSI Schaefer
SINGAPORE and DUBAI, UAE and RIYADH, Saudi Arabia, Jan. 2, 2024 /PRNewswire/ -- As average global temperatures rise and the demand for cold-chain storage grows worldwide, SSI Schaefer, a global leader in intralogistics and automated warehouses, is sharing best practices and key considerations on ...
Krishnamani Kannan, CEO & Co-Founder of Maxima Logistics Pte Ltd, wins Master Entrepreneur Award at the Asia Pacific Enterprise Awards 2023 Regional Edition
SINGAPORE, Dec. 28, 2023 /PRNewswire/ -- In a dazzling celebration of regional excellence, the Asia Pacific Enterprise Awards (APEA) 2023 Regional Edition took center stage to honor outstanding businesses and visionary leaders who have played a pivotal role in propelling their enterprises to new ...
Wi-Fi 7 and Standard Power 6 GHz to Boost Wi-Fi Infrastructure Market Rebound in 2024 With 12.3% Year-on-Year Shipment Growth
LONDON, Dec. 27, 2023 /PRNewswire/ -- In 2023, the worldwide Wi-Fi market faced challenges: 3Q shipments dropped 13.0% YOY, and 2023 revenues are expected to fall by 8.1%. Reasons include financial constraints, market saturation, and implementation issues. However, this might be the low point, as...
WEPACK 2024 Scheduled to Take Place in Shenzhen, China in April 2024
The Premier Event Spans the Entire Packaging Industry Chain SHENZHEN, China, Dec. 27, 2023 /PRNewswire/ -- The packaging industry is poised to encounter a series of new opportunities and challenges in 2024. The rising cost of upstream raw materials and the lack of economies of scale for midstrea...
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