UPS has acquired Happy Returns, a reverse logistics company, to expand its returns footprint and enhance its digital solutions. This acquisition is expected to benefit both companies and the e-commerce industry as a whole.
NEOM and DSV have announced a $10 billion joint venture to provide logistics services for NEOM, a futuristic city under construction in Saudi Arabia. The joint venture is expected to create jobs, boost the Saudi economy, and drive innovation in the logistics sector.
Hapag-Lloyd is on track to create the world's largest smart container fleet by early 2024.
The new warehouse is well-connected and will allow DHL Supply Chain to provide fast and efficient delivery of e-commerce orders. The DHL Fulfillment Network offers a range of benefits to businesses of all sizes, and the new warehouse is a key part of DHL Supply Chain's plan to grow its e-commerce business.
Rhenus Automotive Poland has won the Reliable PIM Company Award for its outstanding work in the automotive sector, including its disciplined and reliable services, innovative logistics solutions, and active involvement in the future development of the industry. This award is a testament to Rhenus Automotive Poland's commitment to excellence and will help to further enhance its reputation in the automotive logistics sector.
Evergreen, a container shipping company, has partnered with CIP, a renewable energy investor, to explore green shipping fuels. The cooperation will focus on production of e-fuels in Taiwan and exploration of broader green fuel supply.
COSCO SHIPPING has successfully delivered the first batch of LCL exhibits from New Zealand, Vanuatu, and Niue to Shanghai for the China International Import Expo (CIIE). The delivery of the exhibits is a significant milestone for COSCO SHIPPING and the CIIE, and it demonstrates COSCO SHIPPING's commitment to supporting international trade and cooperation.
CEVA Logistics and Scuderia Ferrari have partnered on a new rail transport solution to reduce carbon emissions by up to 90 percent. The solution will be used to transport Ferrari's equipment between three of the North American F1 grand prix races in 2023.
Lufthansa Cargo is equipping its entire fleet of 777 freighters with AeroSHARK technology by 2027 to reduce fuel and emissions by 4,000 tons of kerosene and 13,000 tons of CO2 per year.
Inditex and Maersk partner to reduce maritime emissions by 80% by switching to green fuels for all inbound sea freight.