(IN BRIEF) Ingka Investments, the investment arm of Ingka Group — IKEA’s largest retail operator — has acquired U.S.-based logistics technology company Locus to strengthen IKEA’s digital and fulfilment capabilities. Locus’s AI-driven logistics platform optimizes delivery routes, resource allocation, and … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Food & Beverage, Industrial, Investment, Ireland, Management, Marketing, News, Retail, Sweden, Technology, Transportation & Logistics
Tagged AI logistics, customer experience, digital transformation, e-commerce logistics, fulfilment network, Goldman Sachs, home delivery innovation, IKEA, Ingka Group, Ingka Investments, Ingka Investments acquires Locus to advance IKEA’s digital logistics and last-mile delivery capabilities, Ingka Investments acquires U.S.-based logistics technology firm Locus to enhance IKEA’s global delivery capabilities, Ingka Investments expands IKEA’s digital supply chain strategy through acquisition of Locus, investment acquisition, last-mile delivery, Locus, logistics technology, Made4net, Nishith Rastogi, Parag Parekh, retail technology, route optimisation, Supply Chain Management, sustainable distribution, TaskRabbit, Tolga Öncu
(IN BRIEF) Mutares SE & Co. KGaA has acquired Lineage Spain Transportation S.L. “Fuentes” from Lineage Group, making it a new platform investment in the company’s Goods & Services segment. Based in Murcia, Spain, Fuentes specializes in temperature-controlled food transport, … Read the full press release
Posted in Agriculture, Business, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Spain, Technology, Transportation & Logistics
Tagged acquisition, European logistics, food transport, fruits and vegetables, Fuentes, Goods & Services segment, last-mile delivery, Lineage Group, Lineage Spain Transportation, Murcia, Mutares, Mutares SE & Co. KGaA, Netherlands, partnership, supply chain, sustainability, temperature-controlled logistics, Vlissingen
(IN BRIEF) Kuehne+Nagel and ABB have expanded their partnership in Chile to encompass last-mile delivery and fulfillment under contract logistics, building on more than ten years of joint air freight operations. Kuehne+Nagel will handle logistics for ABB’s Electrification, Motion and … Read the full press release
Posted in Business, Financial, Government, Iceland, Investment, Management, Marketing, News, Switzerland, Technology
Tagged ABB, Chile, contract logistics, cross-docking, electric fleet, electrification, fulfillment, Javier Ansó, Kuehne+Nagel, last-mile delivery, low-carbon logistics, Martín Castellucci, Motion, partnership, photovoltaic panels, Process Automation, Santiago distribution center, sustainability, Swedfund International, waste management
(IN BRIEF) DHL Group has signed an MoU with e-commerce marketplace Temu to deepen their partnership and support local SMEs in both established markets and growth regions such as Eastern Europe and the Middle East. By harnessing DHL’s global logistics … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Internet & Online, Investment, Management, News, Retail, Small Business, Technology, Transportation & Logistics
Tagged air freight, compliant trade, DHL Group, Eastern Europe, EMEA, Europe, global logistics, Katja Busch, last-mile delivery, local-to-local, logistics, market expansion, Middle East, MoU, multimodal transportation, partnership, Qin Dada Sun, SMEs, sustainable practices, Temu
(IN BRIEF) DHL Group has partnered with Neste to explore renewable solutions, such as renewable diesel and sustainable aviation fuel (SAF), to help the company achieve its goal of net-zero greenhouse gas emissions by 2050. The collaboration aims to reduce … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged 2030 targets, air transportation, carbon footprint, Carl Nyberg, decarbonization, DHL Group, electrification, emission reductions, greenhouse gas emissions, HVO100, ISCC Credit Transfer System, last-mile delivery, logistics, Neste, net-zero emissions, partnership, renewable diesel, renewable fuels, road transportation, SAF, sustainability, sustainable aviation fuel, sustainable aviation fuel deliveries, sustainable fuels, Yin Zou
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