Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Logistics News Online.

I Squared Capital Acquires a Leading Cold Storage Operator in the Philippines
I Squared Capital, a leading independent global infrastructure investment manager, announced today that it has agreed to acquire a controlling stake in Royale Cold Storage (“RCS”), a leading cold storage operator in the Philippines. This...

Hydro Gizmos Introduces First-Ever Father’s Day Gifting Event Featuring 30% Off Its Best-Selling Whiskey Decanter Sets
Las Vegas, Nevada, June 06, 2025 (GLOBE NEWSWIRE) -- In response to growing demand for more meaningful gifts for men, Hydro Gizmos has launched its first-ever Father’s Day Gifting Event, offering a 30% sitewide discount through June 11, 2025. The...

Davis Commodities Plans to Establish Bitcoin Reserves to Strengthen Asset Allocation
SINGAPORE, June 06, 2025 (GLOBE NEWSWIRE) -- Davis Commodities (DTCK) has announced the successful approval of a $30 million fundraising plan. According to the company’s latest strategy, a significant portion of the funds will be allocated to...

Cloudian to Showcase Industry-Leading AI Storage Solutions at NVIDIA GTC Paris at VivaTech 2025
Cloudian to exhibit at NVIDIA GTC Paris (June 10-12) showcasing HyperStore object storage with 35GB/sec performance and GPUDirect support for AI workloads. SAN MATEO, CA, UNITED STATES, June 3, 2025 /EINPresswire.com/ -- Cloudian, Inc., the...

Pixalate’s May 2025 APAC Top 100 Google Play Store & Apple App Store Mobile Bundle IDs: ‘CarX Drift Racing 2’ No. 1 on Google Play Store in China, ‘TeraBox’ Leads in India on Apple App & Google Play Stores
London, June 06, 2025 (GLOBE NEWSWIRE) -- Pixalate, the leading global platform for ad fraud protection, privacy, and compliance analytics, today released the May 2025 Top 100 APAC Mobile App Bundle IDs Rankings for Open Programmatic Mobile...

Cloud-Based Information Governance Market is expected to reach USD 24 billion by 2034, growing at a 9.2% CAGR | Exactitude Consultancy
Luton, Bedfordshire, United Kingdom, June 06, 2025 (GLOBE NEWSWIRE) -- The cloud-based information governance market is witnessing robust growth, currently valued at approximately $10 billion in 2024 and forecasted to nearly double to $24 billion...

United States Mint Begins Pre-Sale for the 250th Anniversary United States Army American Eagle One Ounce Silver Proof Coin on June 13
WASHINGTON, D.C., June 06, 2025 (GLOBE NEWSWIRE) -- The United States Mint (Mint) will begin pre-sale for the 250th Anniversary United States Army American Eagle One Ounce Silver Proof Coin on June 13 at noon (ET). This 99.9% silver proof coin...

Medical Nano Coatings Market is expected to reach USD 4.5 billion by 2034, with a 9.4% CAGR | Exactitude Consultancy
Luton, Bedfordshire, United Kingdom, June 06, 2025 (GLOBE NEWSWIRE) -- The global medical nano coatings market, valued at approximately $1.8 billion in 2024, is expected to grow significantly to reach $4.5 billion by 2034, registering a CAGR of...

Prosystems.AI Unveils Breakthrough in AI Voice Agent Technology for Enterprise Customer Service
Auckland, New Zealand, June 06, 2025 (GLOBE NEWSWIRE) -- Prosystems.AI, a recognized leader in AI automation solutions, has officially introduced its latest generation of AI voice agents—an innovation poised to reshape how organizations manage...

Solar Cells and Modules Market to Reach USD 420 Billion by 2034, Growing at a 9.2% CAGR Amid Rising Clean Energy Demand | Exactitude Consultancy
Luton, Bedfordshire, United Kingdom, June 06, 2025 (GLOBE NEWSWIRE) -- The global solar cells and modules market, valued at approximately USD 170 billion in 2024, is set on a trajectory of significant growth, driven by a robust demand for clean...

Premium wine cooler market set for strong growth as demand rises for advanced, luxury wine storage solutions globally.
Rising demand for energy-efficient, advanced wine coolers drives market growth, supported by wine lovers and luxury home appliance trends. NEWARK, DE, UNITED STATES, June 3, 2025 /EINPresswire.com/ -- The premium wine cooler market is on track...

Chrysler Turns 100! Chrysler Brand Shares 1,500-plus 100th Birthday Group Photo Honoring Employees, Announces Century of Innovation Summer Celebration Events As It Looks to Next 100 Years
Chrysler Turns 100! Chrysler Brand Shares 1,500-plus 100th Birthday Group Photo Honoring Employees, Announces Century of Innovation Summer Celebration Events As It Looks to Next 100 Years More than 1,500 Stellantis employees come together for a...

Local Shipping Store Offers a More Convenient, Contactless Option for Package Drop-Offs
RIVERVIEW, FL, UNITED STATES, June 2, 2025 /EINPresswire.com/ -- Ship Gulf Coast, a locally owned and operated shipping and business services center in Riverview, FL, is proud to announce a new, convenient service for customers: QR code...

OVS, the Italian fashion retail specialist, relies on TGW Logistics
With FlashPick, OVS efficiently manages omni channel order fulfillment: store replenishment, e-commerce orders, and marketplace logistics. MARCHTRENK, AUSTRIA, June 2, 2025 /EINPresswire.com/ -- The clothing retail company is the market leader...

NT Logistics and Qued Collaborate to Redefine Supply Chain Scheduling
–Strategic collaboration brings automation, AI-driven scheduling and expanded capabilities to NT Logistics’ growing customer base– FRISCO, Texas, June 02, 2025 (GLOBE NEWSWIRE) -- NT Logistics (NT), a leading third-party logistics provider...

Diana Shipping Inc. Announces Time Charter Contract for m/v Newport News With Bohai Ocean Shipping
ATHENS, Greece, June 02, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate...

Circle Logistics Recognized as a 2025 Top 3PL & Cold Storage Provider by Food Logistics
FORT WAYNE, Ind., June 02, 2025 (GLOBE NEWSWIRE) -- Circle Logistics, a leading third-party logistics (3PL) provider, has been named to Food Logistics’ prestigious 2025 Top 3PL & Cold Storage Providers list. This annual recognition honors leading...

iPower Launches New Joint Venture, United Package NV LLC
RANCHO CUCAMONGA, Calif., June 06, 2025 (GLOBE NEWSWIRE) -- iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, today announced the formation of United Package NV LLC...

Turtle Beach Corporation to Participate in Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference
SAN DIEGO, June 06, 2025 (GLOBE NEWSWIRE) -- Turtle Beach Corporation (Nasdaq: TBCH), a leading gaming accessories brand, today announced that Cris Keirn, Chief Executive Officer, and Mark Weinswig, Chief Financial Officer, will virtually...

Virco Reports $700,000 First Quarter Profit as Demand for School Furniture Slows
Shipments plus Backlog declines 22.9% to $105.6 million Gross Margin Improves 400 Basis Points to 47.5% vs. 43.5% LY Reinforcing Company’s Long-Standing Commitment to Domestic Manufacturing Board Declares Quarterly Dividend of $0.025 per Share,...