Supply Chain/Logistics
Sino-German business groups hold forum, promote supply chain expo
BEIJING, Sept. 13, 2024 /PRNewswire/ -- This a report from China.org.cn
The China-Germany Economic and Trade Cooperation Forum and a promotional
event for the 2nd China International Supply Chain Expo (CISCE) were held on
Wednesday inDusseldorf, Germany.
CCPIT, ITC co-host supply chain seminar in Geneva
BEIJING, Sept. 12, 2024 /PRNewswire/ -- This is a report from China.org.cn
MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination
SHENZHEN, China, Sept. 12, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced the acquisition of HOLDCO 36 in a transformational business combination. The c...
MingZhu Logistics Expects to Move Forward with Alternative Options After Mutually Agreeing with Oxylus Global to Terminate Proposed Acquisition
NEW YORK and SHENZHEN, China, Sept. 12, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ) and Oxylus Global Inc ("Oxylus") today announced they have mutually agreed to terminate the acquisition proposed onMay 31, 2024 due to uncertainties around s...
Takeout deliveries at the Great Wall: See how China's low-altitude economy soars
BEIJING, Sept. 12, 2024 /PRNewswire/ -- A news report by China.org.cn on China's low-altitude economy:   Takeout deliveries at the Great Wall: See how China’s low-altitude economy soars In China, there is no limit to the imagination when it comes to takeout deliveries. Mayb...
How Does Corrugated Packaging Adapt and Expand while Going Global? One-Stop Solutions at SinoCorrugated 2025
SHANGHAI, Sept. 11, 2024 /PRNewswire/ -- SinoCorrugated links global resources in the corrugated packaging industry to help equipment and consumable suppliers of the carton industry obtain global business opportunities faster and establish their industry brands. Next April, the event will span ov...
From Delivery Rider to Model Worker: Quhuo "Empowering Workers" Sets Industry Benchmark
BEIJING, Sept. 11, 2024 /PRNewswire/ -- Recently, Song Penghua, a rider for Quhuo Limited (NASDAQ: QH) ("Quhuo" or "the company"), a leading gig economy platform focusing on local life services, was honored as the model worker, as the only delivery rider, inHenan Province. This accolade follows h...
Nippon Express Launches "NX Universal Harmonious Work Warehouse" Project
- Introducing Next-generation Mobility Systems into Warehouse Operations to Help Realize Sustainable Society Enabling Diverse Range of Workers to Play Active Roles - TOKYO, Sept. 11, 2024 /PRNewswire/ -- Nippon Express Co., Ltd. (hereinafter "Nippon Express"), a group company of NIPPON EXPRESS H...
Cainiao to Scale Up Deployment of L4 Unmanned Vehicles for Public Road Use and Delivery
* Cainiao's L4 unmanned vehicle is gaining traction among customers and is ready for large-scale deployment for public road deliveries. HANGZHOU, China, Sept. 10, 2024 /PRNewswire/ -- Cainiao Group, a global leader in e-commerce logistics, announced at the 2024 Cainiao Smart Global Logistics Su...
LAKESIDE HOLDING EXPANDS DALLAS-FORT WORTH OPERATIONS WITH NEW OFFICE AND WAREHOUSE LEASE
Doubling Space and Increasing Workforce to Enhance Service Capacity ITASCA, Ill., Sept. 10, 2024 /PRNewswire/ -- Lakeside Holding Limited (" Lakeside" or the "Company") (Nasdaq: LSH), a U.S.-based integrated cross-border supply chain solution provider with a strategic focus on the Asian market op...
ShipSage Corporation Partners with ForwardX Robotics for New Era of Efficiency
BEIJING, Sept. 9, 2024 /PRNewswire/ -- ForwardX Robotics, a global leader in vision-based autonomous mobile robots (AMRs), has formed a strategic partnership with ShipSage, a prominent US-based 3PL company. This collaboration automates ShipSage's intralogistics processes at their warehouse inTrac...
Shengfeng Development Limited Announces First Half of Fiscal Year 2024 Unaudited Financial Results
Revenue Up 22.8% Year Over Year, Driven by Expansion of Customer Relationships FUZHOU, China, Sept. 4, 2024 /PRNewswire/ -- Shengfeng Development Limited ("Shengfeng" or the "Company") (NASDAQ: SFWL), a contract logistics company in China providing customers with integrated logistics solutions, to...
Nisun International Achieves Cumulative Revenue of RMB 1.75 Billion (Approximately USD 240 Million) in Gold Supply Chain Business
SHANGHAI, Sept. 3, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd. ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, is proud to announce a significant milestone in its gold trading...
LAKESIDE HOLDING LAUNCHES NEW PICK & PACK FULFILLMENT SERVICE ACROSS KEY U.S. HUBS FOR LONGSTANDING CHINA LOGISTICS PARTNER
ITASCA, Ill., Sept. 3, 2024 /PRNewswire/ -- Lakeside Holding Limited ("Lakeside" or the "Company") (Nasdaq: LSH), a U.S.-based integrated cross-border supply chain solution provider with a strategic focus on the Asian market operating under the brand American Bear Logistics ("ABL"), today announ...
BAIYU Secures $60 Million Electric Lithium Battery Contract in the U.S. Market
BRADENTON, Fla., Aug. 29, 2024 /PRNewswire/ -- BAIYU Holdings, Inc. ("BAIYU" or the "Company") (Nasdaq: BYU), a leading B2B bulk commodity e-commerce platform and supply chain service provider, today announced that the Company, through its subsidiary BMYA New Energy Technology Inc. ("BNET"), has ...
BEST Inc. Expands into Indonesia with Cross-Border and SaaS Services to Strengthen Global Strategy
JAKARTA, Indonesia, Aug. 29, 2024 /PRNewswire/ -- On August 29, BEST Inc. held an opening ceremony inNorth Jakarta, Indonesia, announcing the official launch of cross-border supply chain services and full-scenario, full-link SaaS solution services inIndonesia. This is another heavyweight market o...
Nisun International Announces Increased Ownership by Largest Shareholder, Mr. Bodang Liu
SHANGHAI, Aug. 22, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, today announced that its largest shareholder, Mr.Bodang Liu, has ...
NX Group Invests in U.S. Autonomous Trucking Leader Gatik
TOKYO, Aug. 22, 2024 /PRNewswire/ -- NIPPON EXPRESS HOLDINGS, INC., made an investment onTuesday, August 20, in Gatik AI Inc. (hereinafter "Gatik"), a company developing self-driving technology for commercial vehicles and autonomous vehicle-based logistics services inNorth America, via the NX Glo...
Full Truck Alliance Co. Ltd. Announces Second Quarter 2024 Unaudited Financial Results
GUIYANG, China, Aug. 21, 2024 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the second quarter endedJune 30, 2024. Second Quarter 2024 Financial and Operational Highlights...
ZTO Reports Second Quarter 2024 Unaudited Financial Results
Robust Profitable Growth amidst Consumption Mix-shift Adjusted Net Income Grew 10.9% to RMB2.8 Billion US$0.35 per Share Interim Dividend Announced SHANGHAI, Aug. 20, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in ...
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