As letter mail volumes continue to fall globally, Deutsche Post has discontinued its overnight airmail network for domestic letters in Germany, marking the end of 63 years of operations.
InPost Group has announced record-breaking results for 2023, handling 892 million parcels across nine markets and achieving PLN 8.863bn (US$2.21bn) in revenue, a rise of 20% and 25% year-on-year (YoY) respectively.
DroneUp has launched a proprietary autonomous ecosystem that integrates ground, air and software products into a single platform to help transform the last-mile logistics sector.
iCustoms.AI has raised US$2.2m in a seed round to support its AI-powered trade compliance solutions. This funding will propel the company toward groundbreaking innovations to automate and optimise customs and trade procedures.
Alibaba has offered to buy the remaining 36% of its logistics subsidiary Cainiao Smart Logistics Network Limited for up to US$3.75bn after Cainiao withdrew its initial public offering and listing application on the Hong Kong Stock Exchange.
bpost has added 22 double decker trailers (DDTs) to its fleet as part of its ambitions to cut carbon emissions by 55% by 2030.