Logistics
J&T Express achieves positive net profit in first half
J&T Global Express Limited (J&T Express), an Indonesia-based logistics service provider, said Tuesday it has turned to net profit in the first half of 2024. In the first half of 2024, all of its profit metrics swung to positive.
Indonesia’s Komerce acquires logistics firm RajaOngkir
Komerce, a technology company providing end-to-end solutions for e-commerce businesses in Indonesia, has announced the acquisition of RajaOngkir, a leading platform for real-time shipping cost calculation and application programming interfaces (API) integration.
Singapore’s Amilo acquires Thailand’s Sivadon Logistics to accelerate growth
Amilo, a Singapore-based logistics firm, has on Thursday announced its acquisition of Sivadon Logistics in Thailand to accelerate growth.
Taiwan’s BBTruck extends pre-series A funding to over $6M to drive global expansion
BBTruck, a Taiwan-based supply chain and logistics technology firm, has announced the successful closure of its pre-series A funding round, bringing its total funding to $6.5 million.
Indonesia’s J&T Express launches parcel delivery service in Saudi Arabia
J&T Global Express Limited (J&T Express), an Indonesia-based integrated logistics service provider, has announced the official launch of J&T SPEED in Saudi Arabia.
Mober partners IKEA Philippines to launch sustainable delivery services in Cebu
Mober, a green logistics services provider in the Philippines, has officially launched sustainable delivery services in Cebu to support the regional expansion of Swedish home furnishing retail giant IKEA Philippines.
Lion Parcel partners Salesforce to optimize customer service through generative AI integration
Lion Parcel, a logistics service provider in Indonesia, has partnered with Salesforce, the United States-based artificial intelligence (AI) customer relationship management firm, to optimize customer service through generative AI integration.
DHL Express partners CIMB to reduce carbon dioxide equivalent through sustainable aviation fuel
Global logistics firm DHL Express has signed an agreement with Malaysian lender CIMB Group Holdings Berhad to welcome the banking group onboard its GoGreen Plus program. The partnership enables CIMB to leverage the use of sustainable aviation fuel (SAF) to mitigate the carbon dioxide equivalent (CO2e)emissions associated with its international shipments.
Teleport, MJets Air strengthen collaboration with new interline partnership to enhance cargo operations
Malaysia's cargo solution provider MJets Air Sdn Bhd and logistics firm Teleport Everywhere Pte Ltd (Singapore) (Teleport) have strengthened collaboration with new interline partnership to enhance cargo operations.
Indonesia’s McEasy raises Series A+ funding led by Granite Asia
McEasy, an Indonesia-based internet-of-things (IoT) and software-as-a-service (SaaS) enterprise company, has raised Series A+ funding from Granite Asia as the lead investor, followed by existing investor East Ventures. Its total Series A funding has now reached $11 million.
