Supply Chain/Logistics
DEMAND AT ASIAN FACTORIES RISES AT STRONGEST RATE IN OVER 2 YEARS, IMPROVING NEAR-TERM GROWTH OUTLOOK FOR MANUFACTURING WORLDWIDE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
* North American suppliers struggling to meet orders due to a lack of staff * Manufacturing recession in Europe eases in March, but steep downturn in Germany remains a major drag on the continent * Despite Red Sea and Panama Canal disruptions, transportation costs and stockpiling fell in Mar...
ThroughPut.AI launches New Inventory Projection Capabilities to Minimize Risk of Overstocking and Stockouts
Customers will now be able to see inventory projections in the near, short, and long term, enabling them to expose risks, highlight recommended actions early, and evaluate the overall state of their inventory PALO ALTO, Calif., April 11, 2024 /PRNewswire/ -- ThroughPut Inc., the Industrial AI Su...
Dachser acquires food logistics provider Brummer
With the acquisition of Brummer, the partner in the European Food Network for the transport of temperature-controlled food betweenGermany, Austria, and neighboring countries, Dachser is strengthening its network for the transport and storage of food inEurope. HONG KONG, April 11, 2024 /PRNewswi...
Food Cold Chain Track and Trace Technology Revenues Set to Exceed US$7 Billion Amid Growing Regulatory Scrutiny on Food Supply Chains
NEW YORK, April 9, 2024 /PRNewswire/ -- Investments in temperature and humidity monitoring solutions are set to surge in the global food industry due to increasing traceability reporting demands. The implementation of the Food Safety Modernization Act (FSMA) inthe United States amplifies this tre...
Unipart announces financial results for the year ended 31 December 2023
Unipart delivers strong growth and revenues exceed £1bn Profits recovered well following a year of significant growth and expansion * Like-for-like revenue increase by 14.2% to more than £1bn for the first time * Profit recovers and exceeds pre Covid levels * Strong year end cash position with...
Tan Xuguang Advocates for Unified Strategy: SINOTRUK and SHACMAN Aim for Synchronized Collaboration in Expanding into the Philippine Market
HONG KONG, April 5, 2024 /PRNewswire/ -- On April 4-5, Tan Xuguang presided over a symposium inHong Kong for Philippine dealers of SINOTRUK and SHACMAN. The purpose of the symposium was to foster deep exchanges with 11 strategic core dealers, gain a thorough understanding of the frontline market,...
Shipsy Recognized as a Niche Player in 2024 Gartner® Magic Quadrant™ for Transport Management Systems
GURUGRAM, India, April 4, 2024 /PRNewswire/ -- Shipsy
Electronic Shelf Label Revenues to Exceed US$6.2 Billion by 2030 Amid Retailers' Response to a Shrinking Workforce
Retailers increasing spend on advanced technologies to improve operating models as labor forces dwindle and costs rise NEW YORK, April 3, 2024 /PRNewswire/ -- In retail stores, technology is being increasingly leveraged to enhance customer experiences, improve product availability, and address l...
Hyundai Motor and Kia's DAL-e Delivery Robot Arrives, Ready to Revolutionize Indoor Autonomous Delivery Services
* Hyundai Motor and Kia unveil DAL-e Delivery's new design and advanced technologies, such as autonomous driving and face identification * The robot's design is based on Plug & Drive (PnD) modules to improve delivery performance, especially in complex settings like offices and malls * DAL-e ...
CyberLogitec introduces new corporate CI 'CLT'
SEOUL, South Korea, April 1, 2024 /PRNewswire/ -- CyberLogitec, the leading IT company in maritime, port/terminal, and logistics operations technologies announced that its CI (Corporate Identity) was renewed on1st April 2024. The new logo has renewed from the previous 'CyberLogitec' to the new 'C...
German manufacturer Karcher opens regional distribution centre at Tatu City, Kenya
Brings a wide range of innovative products aiming to become the market leader for cleaning solutions inEast Africa TATU CITY, Kenya, March 28, 2024 /PRNewswire/ -- German-based cleaning equipment manufacturer Karcher has announced an approximate €3 million investment in the Kenyan market. The mo...
AliExpress becomes the first exclusive e-commerce partner of UEFA EURO 2024™
AliExpress is investing millions of Euros in discounts, deals and engagement to connect online consumers with the fantastic game of football this summer BERLIN, March 27, 2024 /PRNewswire/ -- International online retail marketplace, AliExpress, has become the first e-commerce platform as an excl...
Zhicheng 60: ZPMC's Pioneering Offshore SOV Sets Sail with Successful Sea Trial Completion
SHANGHAI, March 27, 2024 /PRNewswire/ -- Shanghai Zhenhua Heavy Industries (ZPMC) recently heralded a significant achievement with the successful completion of sea trials for its latest offshore Service Operation Vessel (SOV), Zhicheng 60, a state-of-the-art vessel designed for the burgeoning of...
Omdia: Global semiconductor supply chain set to see growth in 2024 as GenAI demand increases
LONDON, March 27, 2024 /PRNewswire/ -- New research from Omdia
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
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