Sydney-based logistics startup Shippit has raised US$22.4 million (A$30 million) in a series B round led by US-based tech investment firm Tiger Global, as it looks to tap new markets in Southeast Asia. The e-commerce and logistics company said it will use the funds for product development and new hires, aiming to add another 100 people to double its staff across Asia Pacific, including 50 software developers. Also read: SingPost, Shippit team up to boost parcel delivery for … [Read more...] about Logistics tech startup Shippit nabs US$22m funding, eyes Southeast Asia growth
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Crane Worldwide set to expand in EMEA contract logistics market
Crane Worldwide Logistics plans to further extend its contract logistics footprint within Europe, the Middle East, and Africa, recently opening new offices in Doha with plans for expansion in due course, a spokesperson confirmed. In Europe and Africa, the third party logistics company has announced the opening of new warehouse facilities in the Midlands, Dublin, and Johannesburg, as well additional space in Dutch city Tilburg. “Our goal has always been to position ourselves according to … [Read more...] about Crane Worldwide set to expand in EMEA contract logistics market
Alibaba’s Cainiao launches US$76.4 million open tender for 2021
Alibaba’s Cainiao has announced an open tender worth US$75.4 million (RMB 500 million) for logistics services in a bid to strengthen its global network in 2021, as it anticipates further growth for cross-border e-commerce and trade. The open tender will be used to expands its network of certified third-party logistics (3PL) partners, which will be segmented into B2C and B2B logistics services. Also read: Alibaba’s Cainiao to ship same day in 11 Asian countries For B2C, the logistics arm … [Read more...] about Alibaba’s Cainiao launches US$76.4 million open tender for 2021
Hellmann develops new tracking platform for air cargo
Hellmann Worldwide Logistics will launch a new tracking tool for air freight shipments in partnership with Bonn-based tech startup BlueBox Systems, a press release revealed. The full-service provider and its IT partner developed a web-based platform that provides information about their air freight shipments at a glance, regardless of airline, route or type of shipment. Based on GPS coordinates, SmartAir! provides real-time information about air freight shipments, including stopovers and … [Read more...] about Hellmann develops new tracking platform for air cargo
Singapore Airlines to conduct test flights for vaccine shipments
Singapore Airlines (SIA) said on December 5 it would prioritise the shipment of Covid-19 vaccines and will conduct test flights soon to proof the process, The Straits Times reported, citing a company statement and spokesperson comments. During a media event, SIA senior vice-president of cargo Chin Yau Seng said: "We have been working hard to ensure that we are ready for one of the biggest and most important supply chain challenges of our generation." SIA has proposed to conduct test … [Read more...] about Singapore Airlines to conduct test flights for vaccine shipments
Antonov Airlines drafts world’s largest freighter to do the heavylifting
Antonov Airlines on 7 December announced that it will be putting its An-225 Mriya (meaning “dream” in Ukrainian) into commercial operation as customers face a crunch in heavylift capacity. The 250-tonne-capacity An-225 Mriya aircraft had been sideline this year for routine maintenance but will be back in action next week, according to the Ukrainian airline. The move comes as the airline saw a surge in demand for An-124s due to limited capacity for such aircraft. Antonov has a fleet of … [Read more...] about Antonov Airlines drafts world’s largest freighter to do the heavylifting