Driverless delivery shot in arm for logistics sector

SF Holding’s driverless delivery vehicle dispatches packages at a residential complex in Xiong’an New Area, Hebei province, in January. WANG XIAO/XINHUA Chinese technology companies are ramping up efforts to adopt drones and driverless delivery vehicles in logistics and delivery activities, as part of a broader push to boost logistics efficiency, reduce logistics costs and improve user … Continue reading Driverless delivery shot in arm for logistics sector

Upside seen to Alibaba’s scrapped Cainiao IPO

An employee arranges packages at a Cainiao storage facility in Yiwu, Zhejiang province, in July. [Photo/Xinhua] Alibaba Group Holding Ltd’s latest move to scrap a planned initial public offering for its unit Cainiao Smart Logistics Network will help strengthen synergy between its logistics services and e-commerce businesses and expand its presence in overseas markets by … Continue reading Upside seen to Alibaba’s scrapped Cainiao IPO