Supply Chain/Logistics
SF Intra-city Realised Profitability in 2023, Demonstrating High-Quality and Healthy Growth
Net Profit from Continuing Operations Reached RMB 64.9 Million Multi-scenario Business Model Driving Business Integration and Healthy Operation Results Highlights * Revenue amounted to approximately RMB12,387.4 million, steadily increased by 21.1% year-on-year, and the total order volume increa...
PEPSICO BUILDS HIGH-CAPACITY LOGISTICS AUTOMATON SYSTEM WITH DEMATIC IN THAILAND
BANGKOK, March 26, 2024 /PRNewswire/ -- PepsiCo, a global leader in convenient foods and beverages, has reached a significant milestone in its vision of a digitalised future, having recently partnered with Dematic to integrate automation as a central feature of its expanded production and logisti...
Innovation Solutions Unveiled at the 1st IOT Data Hackathon - A Showcase of Talent and Creativity
HONG KONG, March 25, 2024 /PRNewswire/ -- 24 March 2024 marked the culmination of the highly anticipatedIOT Data Hackathon 2024, an event organized by GS1 Hong Kong in collaboration with Hong Kong Cyberport Management Company Limited and The Hong Kong Science and Technology Parks Corporation, sup...
Dachser stays on course and expands its global network
* Investments in several acquisitions and new joint ventures worldwide. * European overland transport provides stability; air and sea freight suffers from overcapacity and decline in rates. * Investments totaling around EUR 500 million are planned for 2024. HONG KONG, March 25, 2024 /PRNewsw...
Regional areas and key sectors, bright spots for SM's continued growth
PASAY CITY, Philippines, March 25, 2024 /PRNewswire/ -- The SM Group sees potential for regional development and targeted high growth sectors aligned with its commitment to foster sustainable economic advancement in communities outside of the city center. SM will continue to concentrate its ef...
30% in the Dark: Retailers Struggle with Inventory Blind Spots
SYDNEY, March 25, 2024 /PRNewswire/ -- While the concept of seamless
integration between online and offline shopping experiences is widely
acknowledged among retailers inAustralia and New Zealand (ANZ), a study by
Manhattan Associates
J&T Express Releases 2023 Results: J&T Express Continues to Lead Southeast Asia with No. 1 Market Share for Fourth Straight Year and Secures First Profit in China
HONG KONG, March 22, 2024 /PRNewswire/ -- J&T Global Express Limited ('J&T Express' or 'J&T' or 'the Company', stock code: 01519), a global logistics service provider, has announced its 2023 results. In the past year, J&T Express achieved significant growth, expanded its business volume, and impr...
Anchanto and Vietnam Post Logistics Join Forces to Pioneer a New Era in Vietnam's 3PL Fulfillment Industry
* With approximately 4,500 warehouse locations across Vietnam, Vietnam Post Logistics anticipates seamlessly processing up to 10,00,000 orders per month equipped with Anchanto's platform. * Anchanto's SaaS technology to provide Vietnam Post Logistics 'ready to use' integrations, enhance both ...
Saigon Newport Corporation's 35th Anniversary, A Journey of Resilience and Achievement
HO CHI MINH CITY, Vietnam, March 22, 2024 /PRNewswire/ -- Saigon Newport Corporation (SNP) celebrated a momentous occasion as it marked its 35th Anniversary and was honored with the prestigious title of Labour Hero on March 15th, 2024. The event commemorated SNP's transformative journey as a lead...
UPS CONTINUES GROWTH INVESTMENTS IN ASIA PACIFIC WITH NEW PHILIPPINES HUB
* New hub will improve time in transit for imports, exports and trans-shipments * Move is the latest in a series of investments by UPS to further enhance its Asia Pacific network and enable customers to grow and capitalize on trade lane shifts * UPS has committed to more than a quarter of a...
ZTO Reports Fourth Quarter 2023 and Full Year 2023 Unaudited Financial Results
RMB9.0 Billion Full Year Adjusted Net Income Grew 32.3% 30.2 Billion Annual Parcels Expanded Market Share to 22.9% US$0.62 per Share Annual Dividend Increased 68% Upsizes Share Repurchase Program by USD500 million SHANGHAI, March 20, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and S...
MHP and LMU Munich publish Industry 4.0 Barometer 2024
China is leading the way especially in industrial AI * China is taking the lead in almost all aspects of Industry 4.0 compared to other regions, and particularly in industrial AI * 94 percent of the Chinese companies surveyed already use AI-based solutions in manufacturing processes; in the ...
Geek+ and Ferag Announce APAC Supply and Integration Partnership
BEIJING, March 19, 2024 /PRNewswire/ -- Geekplus, the global leader in mobile robot and smart logistics solutions, today announced a partnership with Ferag APAC. This partnership empowers Ferag APAC to supply, install, and service Geekplus equipment, establishing a comprehensive solution provi...
Telkomsel and Huawei Inaugurate Indonesia's First 5G Smart Warehouse and 5G Innovation Center
JAKARTA, Indonesia, March 19, 2024 /PRNewswire/ -- Leading telecommunications provider Telkomsel and global ICT solutions provider Huawei have inaugurated Indonesia's first 5G Smart Warehouse and 5G Innovation Center in Bekasi Regency, West Java. This landmark facility showcases the potential of 5G...
GS1 HK's 35th Anniversary Dinner Ended on a High Note - Financial Secretary, Secretary for Transport & Logistics and Close to 600 Distinguished Guests Attended
85 Local Companies Recognised as "Consumer Caring Companies 2023" HONG KONG, March 18, 2024 /PRNewswire/ -- GS1 Hong Kong's 35th Anniversary Gala Dinner concluded successfully on 15 March, where Mr.Paul Chan, Financial Secretary of the HKSAR Government was the Guest of Honour. Mr. Lam Sai Hung, ...
Cainiao PAT Logistics Park welcomes new warehousing partner Mixue
HO CHI MINH CITY, Vietnam, March 18, 2024 /PRNewswire/ -- Cainiao Group, ("Cainiao"), the logistics arm of Alibaba Group Holding Limited, welcomes food and beverage company, Mixue to its PAT Logistics Park inLong An Province, Vietnam. This partnership will tap on the park's strategic location nea...
Supply & Demand Chain Executive Honors TraceLink CEO Shabbir Dahod with Prestigious 2024 Pros to Know Lifetime Achievement Award
BOSTON, March 14, 2024 /PRNewswire/ -- In a well-deserved acknowledgment of a career dedicated to advancing the life sciences and healthcare supply chain sector, Supply & Demand Chain Executive has awarded Shabbir Dahod, President and Chief Executive Officer of TraceLink, a 2024 Pros to Know Life...
Locus Robotics Unveils LocusHub Engine for Insightful, AI-Powered Warehouse Intelligence and Robotics Automation Optimization
Breakthrough cloud-based platform combines predictive analytics, actionable insights, and data visualization to drive intelligent orchestration of digital fulfillment operations WILMINGTON, Mass., March 12, 2024 /PRNewswire/ -- Locus Robotics, the leader in autonomous mobile robots (AMR) for ful...
Cosco Shipping Enhances Safety with Iridium GMDSS
MCLEAN, Va., March 12, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced Cosco Shipping (CSSC), the world's largest fleet of commercial vessels with1,417 ships, has begun installation of Iridium® ...
SF Intra-city maintains steady business growth, set to become first in industry to achieve full-year profitability
HONG KONG, March 12, 2024 /PRNewswire/ -- Hangzhou SF Intra-city Industrial Co., Ltd. (Stock Code: 9699.HK), China's largest third-party on-demand delivery service provider, is pleased to announce that the Group is expected to achieve a turnaround from loss to profit for the year ended31 December...
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