This year's Black Friday on 24 November played witness to JD Logistics' 70 percent surge in overseas outbound orders, thanks in large part to the implementation of automation technology and advanced AI algorithms. These tools have been instrumental in helping forecast sales and prepare inventory. During Black Friday, JD Logistics' forecasting accuracy rate exceeded 95 percent, and playing a crucial role was the company’s own international warehouse management system (iWMS). This … [Read more...] about JD Logistics relies on tech to fulfil Black Friday orders
E-commerce
JD Logistics rolls out express parcel service in Hong Kong, Macau
JD Logistics is strengthening its presence and operations in the Greater Bay Area with the expansion of its self-operated express delivery business in Hong Kong and Macau via JD Express. The enhanced delivery network will comprise several operations centres and offer intra-city and cross-border express delivery between Hong Kong, Macau, and China. In Hong Kong, the company promises expedited intra-city deliveries as fast as 4 hours and nighttime extended delivery hours until 10:00 PM. In … [Read more...] about JD Logistics rolls out express parcel service in Hong Kong, Macau
SingPost, FedEx team up on parcel drop-offs
SingPost and FedEx Express have come to a memorandum of understanding (MOU), which is expected to provide greater convenience for FedEx customers who can now make parcel drop-offs at select SingPost stations. The two companies have initiated a 3-month trial on 25 September that will allow the option of dropping FedEx parcels at POPStop counters located at within six participating post offices across the city state, with no additional charges. FedEx said the main objective of … [Read more...] about SingPost, FedEx team up on parcel drop-offs
Dimerco targets high-tech supply chains with new warehouse
Dimerco is adapting to changing supply chain strategies from high-tech companies and opening its second bonded warehouse within the Taiwan Taoyuan International Airport Free Trade Zone (FTZ) on 12 September. The new facility is part of a one-stop logistics solution for air and ocean freight, bonded warehousing and trade compliance. The solution is primarily aimed at high-tech companies operating in Taiwan, considered the ‘epicenter’ of global semiconductor manufacturing. Inventory entering … [Read more...] about Dimerco targets high-tech supply chains with new warehouse
Robot automation specialist Mujin secures fresh capital
Mujin, involved in high-tech Japanese robotics for manufacturing, logistics, and supply chain operations, successfully raised $85 million in its Series C funding round on 5 September, with venture capitalists and Accenture as investors. With this fresh infusion of capital, Mujin aims to use the fresh capital to advance automation and enhance the accessibility of its intelligent robotics platform, the MujinController, to integrators and end users. Mujin has been around for 12 years and has … [Read more...] about Robot automation specialist Mujin secures fresh capital
Challenge Group adapts fleet with B767-300BDSF
Challenge Group is enhancing its overall capacity and operational flexibility to better serve its customers worldwide with the arrival of the B767-300BDSF (BEDEK Special Freighter by IAI) aircraft to its growing fleet. The move comes as the airline is trying to diversify its fleet given evolving market demands and specific customer requirements. Challenge said the ‘increased adaptability will pave the way for exploring new markets, including short and medium-haul routes within the EU, the … [Read more...] about Challenge Group adapts fleet with B767-300BDSF