J&T Express, an international express logistics company, has announced its official launch in both the United Arab Emirates (UAE) and Saudi Arabia. The two countries are the first markets to be covered by J&T Express in the Middle East region, and with this latest expansion, J&T Express brings its global network coverage to a total …
by Editor Aramex, a global provider of comprehensive logistics and transportation solutions, announces the appointment of Nicolas Sibuet as the Company’s Chief Financial Officer (CFO). Mr. Sibuet brings over 26 years of experience across the shipping, oil & gas, and aviation industries. Most recently, he served as Chief Financial Officer and Acting Senior Vice President for Strategy, …
by Editor In December 2021, the regulators (the National Bank of Belgium and the European Central Bank) gave the green light to a new partnership model between bpost and BNP Paribas Fortis. On 3 January, the transaction, in which BNP Paribas Fortis acquires the 50% shares of bpost in bpost bank and therefore becomes 100% shareholder of bpost bank, was …
by Editor Deutsche Post DHL Group is selling the rights and know-how for the production of its StreetScooter electric vehicles to the international consortium ODIN Automotive S.à.r.l. (Luxembourg). The deal includes the intellectual property for the D17 and D20 vehicle models as well as the two wholly owned subsidiaries in Switzerland and Japan. In addition, Deutsche Post DHL …
by Editor Veho, a technology company that enables personalized next-day package delivery, has announced a $125 million Series A raise led by General Catalyst at a $1 billion valuation. Additional participants include Construct Capital led by Rachel Holt, Bling Capital, Industry Ventures, Fontinalis Partners, and Origin Ventures. The funding will be used to grow the team, expand from 14 to 50 U.S. markets by …
by Editor Deutsche Post DHL Group is introducing a global DHL Green Carrier Certification to reward road transport subcontractors for their efforts to become more sustainable. As part of its sustainability roadmap, Deutsche Post DHL Group aims to reduce greenhouse gas emissions to below 29 million tons by 2030 and net-zero by 2050. Ground transport accounts for 21 per cent of the Group’s total …
by Editor Li & Fung Limited (Li & Fung), a supply chain solutions partner for consumer brands and retailers, and its affiliates, has agreed to form a long-term strategic partnership with A.P. Moller – Maersk (Maersk). The partnership will enable both companies to utilize their respective resources and global networks to create a comprehensive range of end-to-end global supply chain …
by Editor Swiss Post has decided to sell its subsidiary Swiss Post Solutions (SPS). AS Equity Partners, based in Freienbach (canton of Schwyz) and London, will take over the Swiss Post subsidiary. SPS is a provider of business process outsourcing solutions and innovative document management services. SPS’s growth has focused on customers in Europe, Asia and the USA …
by Editor After successful partnerships in Italy and Poland, Carrefour is extending its commercial agreement with Everli, Europe’s e-grocery marketplace, to France to enrich its home delivery service. The partnership will make Carrefour hypermarkets and supermarkets available on Everli. The partnership deepens the relationship of the two companies in markets where Everli already operates, and it will also extend to …
by Editor Danish company SwipBox installed 10,000 parcel lockers worldwide in 2021 – providing convenience for consumers all over the world. SwipBox has enjoyed an extremely successful year – tripling both the number of parcel lockers it has installed worldwide and doubling its customers. While the Covid-19 pandemic has contributed to this, it is by no means the whole reason …
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