Royal Canadian Logistics Service

Jayud Extends its Logistics Services Agreement with Global Technology Leader Lenovo, Bolstering Post-Sale Logistics Support

Retrieved on: 
Wednesday, September 13, 2023

The Lenovo Agreement was renewed based on the initial agreement executed in November 2017.

Key Points: 
  • The Lenovo Agreement was renewed based on the initial agreement executed in November 2017.
  • Under the terms of the Lenovo Agreement, Jayud will continue to provide its foundational logistics services to Lenovo while broadening its scope to include robust post-sales support and services.
  • This enhancement is designed to strengthen Lenovo's commitment to its global clientele and maintain its position at the forefront of the technology industry.
  • As a key provider in Lenovo's post-sales solutions, Jayud will aid in managing service parts logistics, overseeing returns, and ensuring seamless global support.

Trinity Industries, Inc. Announces the Acquisition of RSI Logistics

Retrieved on: 
Thursday, March 9, 2023

Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) today announced the acquisition of RSI Logistics (“RSI”) for a purchase price of $70 million.

Key Points: 
  • Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) today announced the acquisition of RSI Logistics (“RSI”) for a purchase price of $70 million.
  • RSI Logistics is a data-centric provider of proprietary software, logistics services, and terminal management solutions to the North American rail industry.
  • Named by Inbound Logistics as a “Top 100 3PL Company” in 2021 and 2022, RSI supports 46 Fortune 500 customers with software and logistics services.
  • “We are excited about the acquisition of RSI Logistics.

First and Last Mile Delivery Market Size worth $ 288.38 Billion by 2031 | CAGR: 6.12% - TMR Study

Retrieved on: 
Wednesday, August 24, 2022

The first and last mile delivery market is forecast to advance at a CAGR of 6.12% from 2022 to 2031.

Key Points: 
  • The first and last mile delivery market is forecast to advance at a CAGR of 6.12% from 2022 to 2031.
  • The trend has augmented the first and last mile delivery market size.
  • Growing uptake of next-gen automation solutions in various industries is propelling revenue generation in first and last mile delivery market.
  • First and Last Mile Delivery Market: Competition Landscape
    Top players are focusing on offering cutting-edge logistics solutions as part of competitive strategies in the first and last mile delivery market.

First and Last Mile Delivery Market Size worth $ 288.38 Billion by 2031 | CAGR: 6.12% - TMR Study

Retrieved on: 
Wednesday, August 24, 2022

The first and last mile delivery market is forecast to advance at a CAGR of 6.12% from 2022 to 2031.

Key Points: 
  • The first and last mile delivery market is forecast to advance at a CAGR of 6.12% from 2022 to 2031.
  • The trend has augmented the first and last mile delivery market size.
  • Growing uptake of next-gen automation solutions in various industries is propelling revenue generation in first and last mile delivery market.
  • First and Last Mile Delivery Market: Competition Landscape
    Top players are focusing on offering cutting-edge logistics solutions as part of competitive strategies in the first and last mile delivery market.

COFICERT: AD Ports Group Awarded Global Financial Quality Certificate MSI 20000 by COFICERT

Retrieved on: 
Wednesday, July 20, 2022

AD Ports Group, trading on the Abu Dhabi Securities Exchange (ADX) as ADPORTS contributes 21 percent to Abu Dhabis non-oil growth.

Key Points: 
  • AD Ports Group, trading on the Abu Dhabi Securities Exchange (ADX) as ADPORTS contributes 21 percent to Abu Dhabis non-oil growth.
  • AD Ports Group was awarded the certificate during a ceremony held in the presence of Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO, AD Ports Group and Mr. Maher Khader, Regional Executive Director of Talal Abu-Ghazaleh Consulting.
  • Martin Aarup, Group Chief Financial Officer - AD Ports Group, said: We are proud to become the first ports, industrial zones, and logistics operator in the Middle East to obtain the MSI 20000 financial quality certificate which is a result of the Groups progress in terms of financial strategies, and reflects our commitment to the continuous improvement of the financial management system.
  • With this achievement, AD Ports Group joins the very selective list of the best companies in the world recognised for the quality of their financial governance.AD Ports Group was awarded the certificate after a comprehensive evaluation of our financial performance over the past five years, and comparing it with global normative performance indicators.

Volvo Group Venture Capital invests in Optibus, a software company for efficient sustainable bus operations

Retrieved on: 
Tuesday, July 5, 2022

As part of Volvo Group, Volvo Group Venture Capital's investment in Optibus accelerates the digitalization and electrification of the global public transportation sector.

Key Points: 
  • As part of Volvo Group, Volvo Group Venture Capital's investment in Optibus accelerates the digitalization and electrification of the global public transportation sector.
  • We believe the Volvo Group can add considerable strategic value to the continued development of the business," says Christina Brinck, Investment Director, Volvo Group Venture Capital.
  • "We are honored to receive this strategic investment from Volvo Group Venture Capital to enable greener, more efficient public transportation operations through better software infrastructure.
  • Volvo Group Venture Capital was founded in 1997 and invests in venture companies in North America and Europe.

project44 Announces New Monthly Event: Supply Chain LIVE

Retrieved on: 
Tuesday, May 3, 2022

CHICAGO, May 3, 2022 /PRNewswire/ -- project44, the leading supply chain visibility platform, today announced its new series, Supply Chain LIVE, launching this Wednesday, May 4 at 10 a.m. CDT. The monthly event will inform industry professionals about new developments and what is happening in the world of supply chain.

Key Points: 
  • Hosted by project44 Chief Industry Officer Bart De Muynck, the series launches May 4 and will feature guest speakers to discuss trending supply chain topics
    CHICAGO, May 3, 2022 /PRNewswire/ -- project44, the leading supply chain visibility platform, today announced its new series, Supply Chain LIVE, launching this Wednesday, May 4 at 10 a.m. CDT.
  • The monthly event will inform industry professionals about new developments and what is happening in the world of supply chain.
  • Broadcasting on LinkedIn Live, the series will feature leading shipper, LSP (Logistics Service Provider) and carrier executives, world renowned academics, supply chain influencers and the brightest minds from the project44 team.
  • "I'm looking forward to hosting Supply Chain LIVE and facilitating dynamic conversations with industry thought leaders on the trends and crises that continue to impact the supply chain," De Muynck said.

project44 Launches World's First Port Intelligence Solution

Retrieved on: 
Wednesday, March 30, 2022

CHICAGO, March 30, 2022 /PRNewswire/ -- project44, the leading supply chain visibility platform, today launched Port Intel, the industry's first port intelligence solution with real-time data on congestion and container flow at all global ports. The platform provides shippers, LSPs (Logistics Service Providers), FFW (Freight Forwarders) and other stakeholders with what they need to manage and mitigate the impacts of today's ocean turmoil and chaotic supply chains. 

Key Points: 
  • With ocean logistics in turmoil, project44 introduces real-time insights on all the ports in the world dramatically expanding its ocean visibility offering
    CHICAGO, March 30, 2022 /PRNewswire/ -- project44, the leading supply chain visibility platform, today launched Port Intel, the industry's first port intelligence solution with real-time data on congestion and container flow at all global ports.
  • These ongoing supply chain challenges require companies to stay nimble and prepare contingency plans by utilizing real-time port data.
  • project44's Port Intel, the first of its kind, addresses a blind spot hurting shippers worldwide: lack of visibility into port congestion.
  • "By using Port Intel, by project44, we deliver our shipper customers with the most real-time data and analytics on global port congestion to proactively avoid and manage disruptions."

project44 Launches World's First Port Intelligence Solution

Retrieved on: 
Wednesday, March 30, 2022

CHICAGO, March 30, 2022 /PRNewswire/ -- project44, the leading supply chain visibility platform, today launched Port Intel, the industry's first port intelligence solution with real-time data on congestion and container flow at all global ports. The platform provides shippers, LSPs (Logistics Service Providers), FFW (Freight Forwarders) and other stakeholders with what they need to manage and mitigate the impacts of today's ocean turmoil and chaotic supply chains. 

Key Points: 
  • With ocean logistics in turmoil, project44 introduces real-time insights on all the ports in the world dramatically expanding its ocean visibility offering
    CHICAGO, March 30, 2022 /PRNewswire/ -- project44, the leading supply chain visibility platform, today launched Port Intel, the industry's first port intelligence solution with real-time data on congestion and container flow at all global ports.
  • These ongoing supply chain challenges require companies to stay nimble and prepare contingency plans by utilizing real-time port data.
  • project44's Port Intel, the first of its kind, addresses a blind spot hurting shippers worldwide: lack of visibility into port congestion.
  • "By using Port Intel, by project44, we deliver our shipper customers with the most real-time data and analytics on global port congestion to proactively avoid and manage disruptions."

NAVYA Signs a Memorandum of Understanding With the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia

Retrieved on: 
Thursday, March 10, 2022

NAVYA (FR0013018041- Navya), a leader in the field of autonomous mobility systems, has signed at the French Ministry of Transport in Paris an agreement with the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia to support the implementation of autonomous vehicles in the Kingdom of Saudi Arabia.

Key Points: 
  • NAVYA (FR0013018041- Navya), a leader in the field of autonomous mobility systems, has signed at the French Ministry of Transport in Paris an agreement with the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia to support the implementation of autonomous vehicles in the Kingdom of Saudi Arabia.
  • Engineer Saleh bin Nasser Al-Jasser, Saudi Minister of Transport and Logistic Services, and Sophie Desormire, CEO of NAVYA, met in Paris for the official signing of the agreement.
  • I am particularly enthusiast about the reinforced collaboration between NAVYA and the Ministry of Transport and Logistic Services of the Kingdom of Saudi Arabia, and look forward to seeing the concrete projects that will result from this agreement.
  • Created in 2014, NAVYA is a leading French name specialized in the supply of autonomous mobility systems and associated services.