Logistics

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.

Singapore’s XSQUARE Technologies secures $7.8M in Series A funding led by Wavemaker Partners

XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised SGD 10.5 million ($7.78 million) in Series A funding. The round was led by Wavemaker Partners, the Southeast Asia's leading venture capital firm, with participation from SEEDS Capital, the investment arm of Enterprise Singapore–and Goldbell…

Teleport targets to deliver 2 mln parcels daily by 2025

Teleport, the logistics arm of Malaysia-based Capital A Bhd, said Monday it is targeting to deliver two million parcels daily by 2025.