Cold storage firm that warms to customer service

THE next time you savour a juicy steak, you may wish to ponder: how do such perishables retain freshness and quality - from production to your dining plate?

Making logistics more sustainable

IN THE 1950s, the standardisation of shipping containers coupled with purpose-built container vessels modernised freighting. Shipping schedules were significantly shortened and congestion reduced...

Ikea invests in US logistics startup Optoro to better manage product returns

[STOCKHOLM] Ikea, the world's biggest furniture group, said on Wednesday it had bought a minority stake in US tech startup Optoro whose software helps retailers manage returns in a more efficient...

Temasek partners Kuehne + Nagel to launch US$50m fund for logistics startups

REEFKNOT Investments, a joint venture between Singapore's Temasek Holdings and Kuehne + Nagel, has launched its inaugural US$50 million global fund to invest in startups "at the forefront" of the...

Supply chain solutions startup DiMuto in tie-up with Thai durian exporter

SINGAPORE-BASED startup DiMuto, which provides end-to-end supply chain visibility for the fruits industry, has closed a deal with Thailand's largest fresh durian exporter and frozen durian...

Indonesian unicorn teams up with Singapore logistics startup

INDONESIAN unicorn Bukalapak is partnering Singapore startup Janio for cross-border logistics as it prepares to go global. The e-commerce player is also in talks with Singapore's Economic...

Grab invests in Ninja Van, ramps up logistics network

RIDE-hailing unicorn Grab has made a strategic investment into logistics provider Ninja Van for an undisclosed amount, while striking up a partnership that will allow Grab to expand its parcel...

South-east Asia logistics platform TheLorry raises US$5.85m in Series B funding

THELORRY, a South-east Asia logistics platform, has raised US$5.85 million in a Series B round led by FirstFloor Capital.

Mapletree acquires logistics assets in the US, Europe

MAPLETREE Investments has acquired a 16.5 million sq ft logistics portfolio for US$1.1 billion (S$1.54 billion) from Prologis, Inc.

GoGoVan raises US$250m in first phase of new funding round

GOGOVAN - an on-demand delivery van service backed by Singapore's Centurion Private Equity and Singapore Press Holdings - has raised US$250 million in new funding.