Logistics integrator FedEx Logistics is expanding its Asia Pacific network with the opening of a new office in Seoul in South Korea, a press release confirmed. The new contract logistics team in Korea will provide end-to-end logistics solutions, including international air and ocean cargo services, customs brokerage arrangements, trade solutions, and other value-added services. The company says the opening of the new Seoul office follows the company’s growth strategy to expand into … [Read more...] about FedEx expands presence in Asia Pacific
e-commerce logistics
DHL: Millennials, digital ways to drive B2B e-commerce
The way transactions are done amongst businesses are expected to shake up as more sales interactions are expected to take place through digital channels. A new study by DHL Express predicts that 80 percent of all B2B sales interactions between suppliers and professional buyers will take place in digital channels by 2025. John Pearson, CEO of DHL Express, believes globalisation has shown resilience despite lockdowns and circuit breakers thanks to digitalisation and global trade. “These trends … [Read more...] about DHL: Millennials, digital ways to drive B2B e-commerce
Dimerco starts operations at Indo’s first e-commerce PLB
Freight transport company Dimerco has started operations at the first and only e-commerce bonded logistics centre (PLB e-commerce) in Indonesia, operated by local partner PT Uniair Indotama Cargo (Uniair Cargo). Covering more than 10,000 square metres, the bonded warehouse will provide an integrated, multimodal transport service, including faster e-commerce fulfilment and reduced costs. Operated by Indonesian forwarder Uniair Cargo, the bonded logistics centre, which ran a soft opening in … [Read more...] about Dimerco starts operations at Indo’s first e-commerce PLB
U-Freight poised for growing e-commerce market
Hong Kong-based forwarder U-Freight Group is poised to tackle the surging demand for logistics services from ongoing e-commerce growth, including new demand patterns in merchandising, warehousing, and distribution. It cited analyst reports indicating that increased focus on supply chain resilience and the societal shift to e-commerce are expected to affect the demand for logistics real estate in the coming years. “It helps justify our company’s early entry and on-going investment to meet … [Read more...] about U-Freight poised for growing e-commerce market
Fresh capital to boost SmartKargo rollout for airlines
SmartKargo is looking to accelerate the adoption of e-commerce shipping solutions for airlines with fresh capital from Boston-based investment firm M33 Growth, a press release confirmed. The company will use the capital to rollout its e-commerce shipping solution for carriers and create new adjacent business opportunities that will benefit the industry, by boosting cargo revenues. The ‘strategic growth investment’ comes as a growing number of airlines are embracing SmartKargo's cloud … [Read more...] about Fresh capital to boost SmartKargo rollout for airlines
e-commerce logistics startup SiCepat raises US$170m
Indonesian startup SiCepat Ekspres, an e-commerce logistics provider, has raised $170 million in a series B round last week, as the company aims to expands its logistics capabilities in a bid to expand to other markets in Southeast Asia. Founded in 2014 to provide last-mile delivery for small merchants, the company has since extended its services to large e-commerce platforms, which now cover warehousing and fulfilment, middle-mile logistics and online distribution. Also read: Logistics … [Read more...] about e-commerce logistics startup SiCepat raises US$170m