A US-based company known for its GPS navigation solutions and wearable devices is gearing up to invest in Southeast Asia in a bid to enhance the resilience of its supply chain. The investment initiative, set to commence next month with production scheduled to begin in 2026, aims to diversify the company’s production base and bolster…
A Melbourne-based startup specializing in streamlining supply chains for the construction sector has recently secured $2.9 million in a Series A funding round. The investment aims to support the establishment of a presence close to the industry’s manufacturing hub in China. Led by G&M Capital, with support from Sydney-based venture capital group Our Innovation Fund…
In a significant move towards enhancing supply chain collaboration, a joint effort led by industry stakeholders from the Philippines and Germany is underway. The initiative, aimed at fostering stronger partnerships and reshaping trade dynamics between the two nations, signals a new chapter in supply chain development. Marie Antoniette Mariano, President of the collaborating organization, highlighted…
A logistics company based in New Zealand has recently made a significant investment in Texas, marking its entry into the state’s thriving supply chain market. The company has signed a build-to-suit lease for a substantial freight terminal spanning 62,000 square feet in Haslet, located approximately 16 miles north of Fort Worth. The strategically chosen site…
Cutting-edge AI capabilities continue to transform the landscape of enterprise manufacturing and supply chain operations, as demonstrated by significant announcements made at Hannover Messe 2024. During the industrial trade show in Hannover, Germany, two industry giants unveiled groundbreaking features aimed at revolutionizing manufacturing and supply chain platforms. One major player introduced an AI-powered data platform…
In light of recent uncertainties impacting global trade, experts are emphasizing the strategic significance of rail services like the China-Europe Railway Express (CRE) in maintaining stability and facilitating international cooperation. The CRE, known for its extensive network connecting China and Europe, serves as a vital logistic channel and a symbol of China’s commitment to openness…
In a significant development for the automotive industry, a prominent logistics provider has expanded its spare parts fulfilment and delivery center in Wallersdorf, Germany. Covering an impressive area of 170,000m², this center is now responsible for managing the supply of spare parts to markets worldwide. The company, known for its expertise in logistics, is tasked…
In a significant development for the poultry supply chain, a novel form of radio frequency identification (RFID) is poised to revolutionize traceability from farm to fork, offering unprecedented accuracy and visibility. Traceability stands as a cornerstone for the poultry industry, serving crucial roles in managing foodborne illness outbreaks, ensuring operational efficiency, and meeting regulatory standards.…
The dynamics of the logistics and supply chain industries are experiencing a significant shift, propelled by the forces of digital transformation and the Internet of Things (IoT). In the aftermath of the global pandemic, these sectors are navigating through a transformative phase aimed at achieving sustainability, customer-centricity, and resilience. This transformative journey, as outlined in…
A delegation of 78 representatives from Taiwan, including government officials and members from 15 companies, is currently showcasing the country’s advancements in autonomous vehicles and related technology at XPONENTIAL 2024 in San Diego, California. Luo Zheng-fang, chairperson of GEOSAT Aerospace & Technology Inc. and a prominent figure in the Taiwanese drone industry, highlighted Taiwan’s ambition…