Supply Chain/Logistics
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 ...
Logistics Without Borders: JUSDA's Global Network and Local Expertise
LOS ANGELES, Aug. 15, 2024 /PRNewswire/ -- In an industry often defined by
routine and repetition, JUSDA Supply Chain Management International Co., Ltd.
breaks the mold. This dynamic subsidiary ofFoxconn Technology Group
Amcor reports fiscal 2024 results and provides outlook for fiscal 2025
June 2024 Quarter Highlights: * Another sequential improvement in volumes and earnings growth; * Net sales of $3,535 million; volumes returned to growth, up 1%; * GAAP net income of $257 million; GAAP diluted earnings per share (EPS) of 17.8 cps; * Adjusted EBIT of $454 million, up 4% on a...
Caravelle International Group Announces a Note and Warrant Purchase and Settlement Agreement
SINGAPORE, Aug. 8, 2024 /PRNewswire/ -- Caravelle International Group (the "Company", Nasdaq: CACO), a global ocean technology company, today announced that it has entered some agreements ( the "Agreements") with two institutional investors (the "Investors") to terminate all terms and provisions ...
Dingdong (Cayman) Limited Announces Second Quarter 2024 Financial Results
SHANGHAI, Aug. 7, 2024 /PRNewswire/ -- Dingdong (Cayman) Limited ("Dingdong" or the "Company") (NYSE: DDL), a leading fresh grocery e-commerce company inChina, with advanced supply chain capabilities, today announced its unaudited financial results for the quarter endedJune 30, 2024. Second Quar...
Samsung Biologics joins the Pharmaceutical Supply Chain Initiative as Supplier Partner
* Samsung Biologics to embed PSCI principles into business practices for responsible value chain management * Supplier Partnership reaffirms company's commitment to decarbonize and build resilient supply chains INCHEON, South Korea, Aug. 6, 2024 /PRNewswire/ -- Samsung Biologics (KRX: 207940....
ZTO to Announce Second Quarter and Half-Year Interim Financial Results of 2024 on August 20, 2024 U.S. Eastern Time
SHANGHAI, Aug. 2, 2024 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057) ("ZTO" or the "Company"), a leading and fast-growing express delivery company inChina, today announced that it will release its unaudited financial results for the second quarter endedJune 30, 2024 and its...
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