Latest Developments in Asia Pacific Third Party Logistics Market

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Latest Developments in Asia Pacific Third Party Logistics Market

  • Automotive
  • Feb 2024
  • Asia-Pacific
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In May 2023, BDP International, Inc. and PSA Cargo Solutions introduced their joint brand, PSA BDP, marking a strategic consolidation aimed at strengthening global third party logistics capabilities. By combining PSA’s port-centric logistics expertise with BDP’s strong presence in supply chain management, the partnership enables broader service offerings across multimodal transportation, warehousing, and end-to-end supply chain visibility. This rebranding enhances competitiveness in integrated logistics solutions, especially for customers in chemicals, life sciences, and industrial manufacturing
  • In March 2023, Americold Logistics LLC announced an investment in RSA Cold Chain, a Dubai-based cold storage company, to establish a scalable logistics platform across the Middle East and India. This expansion supports Americold’s global growth strategy and positions it to serve growing demand in temperature-sensitive sectors such as food, pharmaceuticals, and retail. The move also enhances Americold’s capabilities in emerging markets, where rising population and e-commerce activity are driving the need for advanced cold chain infrastructure
  • In December 2022, Corning Incorporated collaborated with LG Electronics to co-develop curved display modules for vehicle interiors using cold-form technology. This manufacturing innovation reduces carbon emissions by 25% compared to conventional glass shaping methods, aligning with automotive OEMs’ sustainability targets. The partnership supports the rising trend toward immersive and high-tech in-car user experiences, and positions Corning as a key supplier in the evolving automotive display ecosystem
  • In April 2022, Fuyao Group, through its U.S. subsidiary Fuyao Glass America Inc., expanded its operations in Greenville County, South Carolina, with a $34.5 million investment, generating 121 new jobs. This expansion reinforces Fuyao’s commitment to serving the North American automotive market locally, reducing dependency on imports, and improving supply chain responsiveness. The investment strengthens Fuyao’s manufacturing footprint in the U.S., supporting rising demand for high-performance automotive glass solutions amid increased vehicle production and OEM localization efforts