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
E-commerce
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
Etihad Cargo stretches express moves on e-commerce
With cargo volumes way below what the industry saw over the last 2 years, airlines, logistics players and other stakeholders are trying to figure out which sectors could likely drive back more shipments moving by air. One of those that could be a driving factor is e-commerce, particularly exports coming from Asia. With operations between Abu Dhabi and China, Etihad Cargo is well aware of this trend and has been a step ahead in maximising the opportunities. In April this year, it added a fourth … [Read more...] about Etihad Cargo stretches express moves on e-commerce
9 questions with NeX eCommerce’s Justus Klüver
NeX is an international group of experts focused on advancing the interests of the e-commerce supply chain logistics industry through tight-knit networks and digital solutions. The platform was formed by Neutral Air Partner and ATEM Group back in May to serve as an ecosystem for shippers and stakeholders to engage with e-commerce logistics professionals and suppliers to the trade. In an interview, Payload Asia talks to Justus Klüver, CEO of NeX eCommerce to learn more about the group and its … [Read more...] about 9 questions with NeX eCommerce’s Justus Klüver
SingPost’s Li Yu on e-commerce, logistics and more
Singapore Post announced dividends in May as the group posted a record revenue of S$1.9 billion for the financial year 2022/2023, with the international business contributing around 90 percent of the total. In an unpredictable market environment, SingPost’s logistics unit contributed 90 percent of the total operating profit, serving as a buffer for the decline in the postal segment. The postal group is on the verge of transforming into a global e-commerce logistics enterprise with its recent … [Read more...] about SingPost’s Li Yu on e-commerce, logistics and more
Shaping the future of e-commerce logistics with JDL
A novel, even transformative, online shopping experience is quickly becoming the norm in China: products ordered and paid for during large-scale promotions like Single’s Day reach your doorstep within the same day or even a few minutes post-transaction. The country's express delivery service has witnessed an astronomical 30-fold growth in the last decade, handling over 100 billion parcels in 2022 alone. Serving as a tangible manifestation of the explosive ecommerce boom, spearheading … [Read more...] about Shaping the future of e-commerce logistics with JDL