Logistics
Hong Kong’s ESR commences development of $1B final phase of logistics park in Japan’s Kawanishi with inaugural domestic fund closing
ESR Group Limited, a Hong Kong-based real asset owner and manager, has broken ground on ESR Kawanishi Distribution Center 3 (ESR Kawanishi DC3), the third building and the final ready-built facility of its integrated full-service ESR Kawanishi Distribution and Techno Park (ESR Kawanishi) in Osaka, Japan.
Filipino startup Shoppable raises $1.16M in seed round led-by Ignite House of Innovation
Shoppable Business, a Filipino supply chain technology company, has raised a seed round of $1.16 million to fuel its growth and enhance its end-to-end supply chain platform in the Philippines.
J&T Express achieves profit in 2024 after recording 15.9 percent growth in revenue
J&T Global Express Limited, a global logistics service provider, has achieved full-year profit for the first time in 2024 after recording 15.9 percent in revenue growth.
AirAsia MOVE’s revenue up 29 percent quarter on quarter in 4Q
Malaysia-based Capital A online travel agent (OTA) platform AirAsia MOVE has improved its growth trajectory in the fourth quarter from the preceding quarter, closing with MYR 166 million ($37.22 million) in revenue, up 29 percent quarter-on-quarter.
Senior Aerospace UPECA and DHL team up for more sustainable air freight with SAF
Senior Aerospace UPECA, a Malaysia-based subsidiary of Senior plc, an international manufacturer of high technology components and systems, has signed an agreement with global logistics firm DHL Express for the use of the GoGreen Plus service.
Indonesia’s J&T Express reports 32.5 percent parcel volume growth in fourth quarter of 2024
J&T Global Express, the Hong Kong-listed Indonesian logistics service provider, announced Tuesday that the firm achieved a total parcel volume of 7.39 billion in the fourth quarter, a 32.5 percent year-over-year increase, with an average daily volume of 80.3 million parcels.
How is AI reshaping the logistics and supply chain industry in Southeast Asia and the Asia-Pacific?
Businesses embracing #AI will need to ensure that they are nurturing talent and fostering a culture that is conducive of learning and talent development – this will allow for more growth and innovation within #APAC.
Teleport’s revenue rises in third quarter on higher delivery parcels moved
Capital A's logistics arm Teleport has reported higher revenue in the third quarter amid higher tonnage and delivery parcels moved.
Singapore’s Locad raises $9M in Pre-Series B fundraise co-led by Global Ventures, Reefknot Investments
Singapore's logistics firm Locad has raised $9 million in Pre-Series B fundraise co-led by Global Ventures and its existing investor Reefknot Investments.
Hong Kong’s unicorn Lalamove launches e-hailing services in Malaysia, expands to Turkey
Founded in Hong Kong in 2013, Lalamove is an on-demand delivery platform born with a mission to empower communities by making delivery fast, simple and affordable.
