Amazon is quietly preparing for a future in which the U.S. Postal Service is no longer the backbone of its last‑mile delivery ...

HONG KONG/BEIJING, Sept 26 (Reuters) - Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build ...

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Core operating profit* increased by 23% to HK$2,725 million (2023: HK$2,207 million) Core net profit* increased by 12% to HK$1,357 million (2023: HK$1,214 million) Profit attributable to the ...

Alibaba Group says it needs to prepare for a future where a billion packages are processed a day, which means costs must go down and efficiencies must go up. This also would require an investment of ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Victor Louis launched One Logistics Network in 2016 as a ...

Allcargo Logistics expands and recategorises its Transshipment Centres from 21 to 71 to strengthen nationwide connectivity and boost operational efficiency ...

As the courier already was in the midst of trimming its distribution footprint, it will close another facility in Texas after ...

With rapid globalization and technological advancements manifesting at rising rates, the complexity of logistics networks has increased exponentially. This is most evident in the military sector where ...