Category: Logistics
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Walmart, JD.com invest US$500 million in Chinese logistics service
[ad_1] Logistics services company Dada-JD Daojia has raised US$500 million from existing backers JD.com and Walmart to quicken the growth of its delivery network across China. The firm comprises two businesses and is partly owned by JD.com. Dada operates a network of 5 million delivery men, while JD Daojia partners with retail stores and provides…
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Madison Realty Capital Secures Logistics Tenants at Queens Industrial Property – Commercial Observer
[ad_1] In the largest of three deals recently signed at Madison Realty Capital and Artemis Real Estate Partners’ industrial property in Jamaica, Queens, shipping logistics company Wit Zenith Trading has taken more than 18,500 square feet of space at the two-building complex at 184-10 Jamaica Avenue and 184-60 Jamaica Avenue. Wit Zenith signed a three-year…
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APL Logistics joins Blockchain in Transport Alliance
[ad_1] APL Logistics has become the latest member of the Blockchain in Transport Alliance (BiTA). Blockchain technology is promising to transform the supply chain and change how goods are transported from manufacturers to freight forwarders, and ultimately to the hands of consumers. Companies which were previously only competitors, will now have the opportunity to use…
