Cainiao Network, the logistics arm of Alibaba Group Holding Limited, has announced its three-year development plan for Brazil. To date, Cainiao’s local express delivery network spans over 1,000 Brazilian cities. Consumers in Sao Paulo and other core cities are able to receive local parcels delivered by Cainiao as fast as in one day.
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FedEx Express (FedEx), a subsidiary of FedEx Corp., is bolstering support for cross-border trade and e-commerce growth in Korea with the launch of its new FedEx Incheon Gateway located at Incheon International Airport, South Korea.
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DX, a provider of delivery solutions, including parcel freight, secure courier, 2-Man and logistics services, has announced the first of eight new Parcels depots expected to be opened over the Group’s current financial year ending 1 July 2023.
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Singapore Post Limited (SingPost) has announced its results for the half year ended 30 September 2022 revealing the highest revenue recorded in the Group’s history within any half year however the Group also recorded a net loss of S$2.4 million for the first half and a net loss attributable to equity holders of S$9.9 million.
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DB Schenker will be opening a new site in the Prague region next year.
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