New research from Jones Lang LaSalle forecasts over $200 billion to be invested in Asia Pacific cold storage facilities between 2020-2030, fueled by strong growth momentum. Hong Kong emerges as a hotspot, with rental yields as high as 30-50% above basic rents. The rapid expansion of Asia Pacific’s consumption and logistics sectors lays the foundation for long-term cold storage demand growth. Rising e-commerce and demand for...
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HFR, a leading Private 5G solution provider, has deployed an end-to-end Private 5G network for the "Smart Agricultural Product Distribution and Storage Technology Development Project" in South Korea. The project aims to develop automated solutions for sorting, packaging, and optimizing the distribution of agricultural products using robotics, sensors, autonomous vehicles, and 5G connectivity. The completion of Phase I included automatic sorting and packaging, as well...
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In recent years, artificial intelligence (AI) has become a significant driver in the logistics industry, enabling more efficient and sustainable operations. According to a McKinsey report 2019, by 2030, AI-powered automation, such as warehouse managers using augmented reality goggles and autonomous vehicles navigating factory aisles, will be widespread. Deutsche Post DHL Group, for example, has allocated €2 billion until 2025 to digitalization as part of...
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