Press release Cainiao Network is committing RMB 300 million (US$47 million) in subsidies to incentivize over 150,000 logistics employees and courier personnel in 300 Chinese cities to ‘safeguard’ logistics services ahead of the upcoming Spring Festival holiday in China. For consumers, this means that eCommerce purchases made on Alibaba platforms such as Taobao and Tmall will be dispatched as per normal, both in China and around the world. In anticipation of a surge in consumer demand, … [Read more...] about Cainiao to spend US$47m to serve Chinese New Year rush
Logistics
B&H sees ‘hand carry’ as answer to urgent AOG shipments
B&H Worldwide plans to enhance its services in US, South America, Asia and intra-Europe as it looks to cater to the demand in on-board courier (OBC) requirements. The aerospace logistics player says customers are turning to OBC as a reliable means of delivering time-critical AOG (aircraft on ground) shipments, becoming an alternative option to traditional freight movements. Also read: B&H Worldwide expands Singapore operations B&H Worldwide adds that it has … [Read more...] about B&H sees ‘hand carry’ as answer to urgent AOG shipments
Bolloré teams up with warehouse robot supplier in SG
Bolloré Logistics is paving the way for automated warehouse solutions with an initial order for a very narrow aisle (VNA) robotic truck to be used at its Blue Hub in Singapore. The transport and logistics player has signed a partnership agreement with Balyo, a designer and developer of robotic solutions for material handling trucks, as it aims to achieve automated pallet movement for its warehouses in Asia Pacific. Also read: Bolloré gets offer for its African logistics unit from MSC As … [Read more...] about Bolloré teams up with warehouse robot supplier in SG
Maersk boosts fulfilment service with LF Logistics takeover
Leading shipping line Mærsk A/S has reached an agreement to acquire 100 percent of the shares in the contract logistics business of Hong Kong-based LF Logistics in an all-cash deal valued at US$3.6 billion. The acquisition is expected to strengthen Maersk’s capabilities as an integrated container logistics company that offers end-to-end supply chain solutions to its customers. Also read: Shipping giant Maersk beefs up air freight operations LF Logistics, owned by fashion and retail … [Read more...] about Maersk boosts fulfilment service with LF Logistics takeover
JD.com signs with top Chilean cherry exporters
JD Fresh signed agreements at the Embassy of Chile in Beijing on 6 December with top exporters Garces Fruit, Copefrut, Nature South, and Fruittita Co., for direct sourcing of the well-renowned variety. To standardize cherries, JD implemented several measures on specifications, weight, packaging, and more. The e-commerce giant explained that one important reason to choose exporters for direct sourcing is their capability and willingness to work with the company to elevate … [Read more...] about JD.com signs with top Chilean cherry exporters
Wingcopter secures funding from Japanese drone investor
German drone developer Wingcopter has received an investment from Japanese venture capital company Drone Fund, which specializes in startups related to drones and air mobility. The injection, which will come from a third fund amounting to US$90 million raised by the Japan-based VC, comes in the run-up of Wingcopter’s Series B investment round. This would be Drone Fund's first investment in drone technology and first partnership with a German company. Last year, Wingcopter signed a … [Read more...] about Wingcopter secures funding from Japanese drone investor
