Supply Chain/Logistics
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...
Westwell Showcases Its Smart Airport Solution Based on AI and New Energy at the IATA WCS
HONG KONG, March 12, 2024 /PRNewswire/ -- The World Cargo Symposium (WCS) hosted by the International Air Transport Association (IATA) came to a successful conclusion inHong Kong, China from March 12 to 14. This is the largest and most influential annual event in the global air freight sector. As...
DP World Launches Global Freight Forwarding Network
* DP World now operates 100 branches, launched in the last eight months in a bold move that has expanded its global freight forwarding offer, with significantly more branches to come * Over 1,000 jobs created, with more new roles to be added as DP World expands its freight forwarding offering...
DITP and Board of Trade of Thailand collaborate for STYLE Bangkok 2024, showcasing Thai heritage and boosting SMEs' sustainability
BANGKOK, March 12, 2024 /PRNewswire/ -- The Department of International Trade Promotion (DITP), in collaboration with the Board of Trade ofThailand (BOT), is gearing up to unveil the highly anticipated STYLE Bangkok 2024 event. Taking place from 20 to24 March 2024 at the Queen Sirikit National Co...
Global Sources Hong Kong Shows inset for April 2024, with Gaming Products, Smart Home Appliances, and Sports & Outdoor Products Categories to Watch
HONG KONG, March 11, 2024 /PRNewswire/ -- Global Sources announced today that the Global Sources Hong Kong shows will take place at the AsiaWorld-Expo inHong Kong from 11 to 30 April, 2024, catering to the demands of the global sourcing industry. This year, the shows will spotlight themes of low...
Swissport is a launch customer for CHAMP's new Cargospot-neo
The new partnership will see Swissport and CHAMP reimagine air cargo together, further elevating visibility, customer centricity and operational performance. LUXEMBOURG, March 11, 2024 /PRNewswire/ -- After conducting a competitive market assessment, global ground handling giant Swissport have si...
YCH Group and Vientiane Logistics Park Announce Strategic Partnership for ASEAN Supply Chain Connectivity Enhancement
SINGAPORE, March 11, 2024 /PRNewswire/ -- In a significant move towards enhancing ASEAN supply chain connectivity, YCH Group Pte Ltd, a leading integrated supply chain management and logistics provider inAsia Pacific, and Vientiane Logistics Park Co., Ltd (VLP) are thrilled to announce a landmark...
J&T Express Participates in LEAP, Deepens Cooperation with E-commerce Platforms
RIYADH, Saudi Arabia, March 8, 2024 /PRNewswire/ -- J&T Express, a global logistics service operator, participated in LEAP, the largest technology event in theMiddle East, held in Saudi Arabia from 4 – 7 March. Leveraging the platform to deepen its cooperation with leading global and local e-comm...
Tompkins Robotics Announces New Robotic Solution PickPallet
ORLANDO, Fla., March 7, 2024 /PRNewswire/ -- Tompkins Robotics, a global leader in robotic sortation solutions for distribution and fulfillment operations, today announced PickPallet, an autonomous pallet jack solution for warehouse and distribution centers around the globe. As the second offerin...
NIPPON EXPRESS HOLDINGS Acquires Stake in Instalimb, Japan's Startup Expanding 3D-printed Prosthetics Business Overseas
- Helping to Achieve Sustainable Societies Allowing All People to Lead Affluent and Fulfilling Lives - TOKYO, March 6, 2024 /PRNewswire/ -- NIPPON EXPRESS HOLDINGS, INC. acquired an equity stake in Instalimb, Inc. (hereinafter "Instalimb"), which is expanding its 3D-printed prosthetics business ...
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