Logistics

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.

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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.

J&T Express launches first self-built smart supply chain industrial park in China

Spanning 150,000 square meters, the new facility can process up to 6 million parcels per day at peak capacity, ensuring strong logistics support ahead of the upcoming “Double 11” shopping festival.

GITC partners GDEX to develop skilled workforce for logistics industry

Malaysia-based Government-Industry TVET Coordination Body (GITC) and GDEX Berhad (GDEX) are collaborating to develop a skilled and competent workforce to meet the needs of the courier and logistics industry.

J&T Express sees strong growth in 9.9 mega sales, continues to ramp up investments & network enhancements across SE Asia

To meet growing demand and peak season volumes, J&T Express said it has continued to ramp up its local investments and network enhancements across Southeast Asia.

Singapore’s GIC acquires logistics facility in Yokohama, Japan

GIC, a Singapore-based global investment firm, has acquired a logistics facility in Yokohama city, part of the Greater Tokyo metropolitan area.

Malaysia’s Teleport posts 35 percent year on year growth in second quarter revenue

Malaysia-based Capital A's logistics arm Teleport has seen its quarterly revenue increased by 35 percent year on year to MYR 225 million ($47.5 million) in the second quarter.