Cainiao Smart Logistics Network (Cainiao Network) announced the expansion of its last-mile network in Singapore to shorten delivery time for e-commerce parcels and improve customer experience, a press release confirmed. Alibaba’s logistics arm forged partnerships with SingPost, BEST Logistics, Roadbull and Park N Parcel, to provide more competitive pricing and last-mile service offerings for Singapore’s consumers. Aside from home deliveries through the 600 couriers in its … [Read more...] about Cainiao expands last-mile network in Singapore to drive e-commerce
last-mile fulfilment
Kerry Logistics posts strong H1, backed by airfreight and e-commerce
Kerry Logistics’ net profit jumped 26 percent to HK$845 million (US$109 million) in the first six months, compared to the same period last year, despite experiencing a downturn in its warehouse business due to Covid-19. A shortfall in total logistics revenue was attributed to operating fewer warehouses in Hong Kong. As widespread lockdowns resulted to a drop in demand for non-essential products, the Hong Kong-based logistics provider said warehouse operations in Asia have been severely … [Read more...] about Kerry Logistics posts strong H1, backed by airfreight and e-commerce