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
Logistics
Kerry Logistics gains traction in healthcare
Kerry Logistics Network is set to showcase its integrated logistics management services for the pharma sector after it signed a strategic cooperation agreement with publicly listed medical service provider EC Healthcare on 24 November 2023. Under the agreement, KLN will set up a ‘centralised’ warehouse to consolidate EC Healthcare’s inventory management and provide customised logistics solutions, including IT system integration and point-to-point … [Read more...] about Kerry Logistics gains traction in healthcare
Freight transport stakeholders to discuss net-zero path at COP28
If you are attending this year’s COP28 Summit in Dubai, Pledge and Smart Freight Centre will provide a space to share best practices and exchange ideas that can help shippers and logistics companies achieve their net-zero targets. The two companies are calling on stakeholders and will host a round table on transport day of the event, 6 December, to bring together carriers, freight forwarders, and shippers into an open discussion about fast-tracking everyone’s decarbonisation … [Read more...] about Freight transport stakeholders to discuss net-zero path at COP28
Cainiao offers cost-saving solution for FMCG supply chains
Cainiao has partnered with Chinese FMCG snack brand Bestore to manage its export needs to ensure compliance to local laws and regulations, as well as cost savings for unique order dispatches. The new offerings consist of a goods labelling service and a consolidated B2B inventory and supplier management service. Cainiao will provide end-to-end support for the labelling of FMCG goods, from designing, production, to distribution of labels. “Labeling and packaging FMCG … [Read more...] about Cainiao offers cost-saving solution for FMCG supply chains
DHL Supply Chain boosts automation in its global network
DHL Supply Chain is expanding the automation of its warehouse operations across the globe and is working with long-time partner AutoStore, a robotic technology company specializing in automated storage and retrieval systems. AutoStore’s automated storage and retrieval system (AS/RS) technology features a highly modular and scalable design that makes it fit for e-commerce and businesses handling smaller products such as fashion and tech items. DHL Supply Chain, which is currently involved … [Read more...] about DHL Supply Chain boosts automation in its global network
SingPost’s Australian unit eyes purchase of Border Express
Freight Management Holdings or FMH, a subsidiary of Singapore Post, has entered into a conditional sale and purchase agreement with the shareholders of Border Express, for a maximum purchase consideration of A$210 million, or approximately S$183 million. Border Express is considered the 6th largest national transport and distribution services company in Australia with comprehensive freight connectivity, warehouses and regional centres. It provides end-to-end interstate logistics services … [Read more...] about SingPost’s Australian unit eyes purchase of Border Express