3rd Party Logistics Limited

JD.com | March 03, 2020

JD.com's strong fourth-quarter was overshadowed on a Monday earnings call by the company's ongoing response to the COVID-19 outbreak in China. The Chinese e-commerce giant has been providing material and logistics support to businesses and authorities and owes its ability to respond to the crisis to a substantial logistics infrastructure, executives said on a the call. JD.com executives laid out how the company's vast logistics operation also contributes to its profitability. Fulfill...

TRANSPORTATION

businesswire | May 04, 2023

ACERTUS, the only automotive logistics-as-a-service platform, today announced it has been named the exclusive transport provider for Volkswagen’s Centerville, Illinois railhead ramp to help manage supply chain disruptions, remove friction, and improve velocity throughout the lifecycle of a finished vehicle. After several successful pilots, the manufacturer tapped ACERTUS to expand their logistics partnership to a critical, high-volume ramp. ACERTUS’ unique combinatio...

SOFTWARE AND TECHNOLOGY

Innoviz | September 06, 2022

Innoviz Technologies (NASDAQ: INVZ), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, and its strategic partner HiRain Technologies, a leading Tier 1 solutions provider for the Chinese automotive market, today announced the deployment of InnovizOne LiDAR sensors at ports across China, including on HiRain's autonomous trucks and AGVs. The first deployment started in RiZhao port, with both parties planning to expand the project to additional ports...

John Deere | February 24, 2020

John Deere predicts it will spend $40 million on expedited freight to ensure no disruption in supply of components manufactured in China related to COVID-19, said CFO Ryan Campbell on the company's Friday earnings call. Apart from the global shakeup of COVID-19, an illness in the coronavirus family, John Deere executives said the U.S. agricultural economy shows signs of stabilization in light of the U.S.-Mexico-Canada agreement passage and the phase one trade deal with China. Still, Deere do...