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- Thailand's APX Logistics Secures Major Investment
Thailand's APX Logistics Secures Major Investment
APX Logistics Solutions, a leading logistics tech startup from Thailand, has obtained new funding from SBI Ven Capital, a subsidiary of the Japanese SBI Group.
Expansion Strategy: Following its successful entry into Malaysia, Singapore, and Europe, APX plans to extend its digital Less-than-Truckload (LTL) network to Vietnam by 2025. This expansion aims to streamline trade connections between Europe, China, and Southeast Asia.
AI-Driven Technology: APX's green initiative includes the AI-powered freight management system, Palli. This system optimizes truck loading, manages asset movement, and tracks emissions to reduce fuel consumption and the overall carbon footprint.
Leadership Perspective: Uwe Dettmann, CEO of APX, highlights the company's focus on integrating sustainability into logistics operations.
Logistics Solutions: APX provides a range of services including air and ocean freight management, customs clearance, warehousing, and specialized services like fulfillment and co-packing, all with a sustainability focus.
This investment will aid APX in advancing its sustainable logistics practices and enhancing regional trade efficiency.