Chinese company U Power has launched a revolutionary AI-powered autonomous unmanned battery swapping logistics vehicle, marking a significant leap in sustainable logistics and promising a massive global market opportunity. This technology eliminates the need for manual intervention in battery charging, enabling truly unmanned operations and drastically reducing costs.
Qatar Airways Cargo and Cainiao, leaders in air cargo and e-commerce logistics, are significantly expanding their partnership to boost global e-commerce, enhance supply chain efficiency, and accelerate cross-border trade. This collaboration leverages Qatar Airways’ extensive network and Cainiao’s cutting-edge technology to deliver faster, more reliable shipping solutions worldwide.
The Chennai-Bengaluru Expressway project is progressing steadily, with Karnataka’s section complete and Tamil Nadu’s section expected to be finished by mid-2025. The expressway promises faster transport, smoother goods movement, and improved connectivity between Chennai Port and major cities in South India.
Jumia Technologies AG, a leading e-commerce platform in Africa, has opened a new integrated warehouse and logistics facility in Tema, Ghana. This investment reinforces Jumia’s commitment to Ghana’s e-commerce sector and signifies its strategy to optimize operations across the continent. The expansion enhances storage capacity, streamlines logistics, and positions Jumia as the top online shopping destination in Ghana.
Flipkart’s logistics arm, Ekart, has reported a significant surge in its net losses for the fiscal year 2024 (FY24). The company’s revenue also declined during the period. This news comes as a contrast to Amazon India’s logistics arm, Amazon Transportation Services (ATS), which saw revenue growth during the same fiscal year.
Old Dominion Freight Line (ODFL) continues to dominate the less-than-truckload (LTL) freight market, according to a recent survey. Despite competitors trying to emulate its success, ODFL maintains a significant lead thanks to its superior service, pricing, and network efficiency. This article analyzes the latest LTL rankings and examines the strategies of key players in the industry.
The global trailer suspension system market is poised for substantial growth, driven by the expanding e-commerce sector, ongoing infrastructure development, and a growing focus on fuel efficiency. This article analyzes the key market drivers, competitive landscape, and future prospects for this dynamic industry.
OmniTRAX, a leading supply chain and logistics solutions provider, has been selected as the dedicated switching partner for Procter & Gamble’s (P&G) laundry care factory in Lima, Ohio. This marks the third P&G manufacturing plant served by OmniTRAX’s nationwide network, solidifying the company’s commitment to supporting the efficient movement of goods for major industry leaders.
XPO, Inc. (NYSE: XPO) is starting the week off strong, with its shares trading significantly higher after the company announced […]
Hyzon, a leading hydrogen fuel cell technology provider, has successfully completed a trial of its Class 8 200kW Fuel Cell Electric Vehicle (FCEV) with TALKE, a major logistics provider for the chemical industry. The successful trial, part of TALKE’s evaluation process for potential grant funding, positions Hyzon’s technology for large-scale deployment in the future.
