Logistics

Malaysia-based Capital A Berhad announced Wednesday its plans to significantly expand into Saudi Arabia, marking a pivotal step in the Group's Middle East growth strategy.

M3 SG Pte Ltd, the holding company of Sin Chew Woodpaq Pte Ltd, a logistics provider in Singapore, has signed and secured a strategic investment from Heliconia Capital Management to accelerate regional expansion and innovation in specialized logistics solutions.

Teleport, AirAsia’s exclusive cargo partner, has signed a preferred partnership with Emirates SkyCargo, the cargo arm of the world’s largest international airline, to combine global network and strengthen trade and eCommerce flows.

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.

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 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.

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, 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.

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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