YGMZ - MingZhu Logistics Partners with Carbonomi Group to Build High-Performance Satellite-Based Intelligent Logistics Network | Benzinga
SHENZHEN, China, May 17, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ:YGMZ), an elite provider of logistics and transportation services to businesses, today announced it will partner with Carbonomi Trust ("Carbonomi"), a leading investor in energy transition-related technologies and companies including satellite-based communication and IoT infrastructure. The strategic partners will leverage their respective expertise and resources to build a high-performance satellite-based intelligent logistics network primarily targeting business and enterprise users, with fixed site and mobile coverage.
In partnering together, MingZhu and Carbonomi noted the critical need for reliable coverage across the supply chain to integrate AI and monitor IoT devices. Companies that fail to establish real-time connections and collaboration with their employees and customers are at a competitive disadvantage during this period of historical change and opportunity for the future development and reshaping of the global supply chain.
Mr. Jinlong Yang, Chairman and Chief Executive Officer of MingZhu, commented, "As bulk commodity logistics undergoes a digital transformation and a global digital unified market emerges, the logistics sector must prioritize fortifying and thoroughly modernizing its traditional framework. This evolution offers a significant, enduring opportunity for MingZhu and Carbonomi, as there are unaddressed requirements in numerous sectors including construction, transportation, agriculture, retail, and hospitality, among others. Crucially, this collaboration seamlessly aligns with our core business and capitalizes on our established reputation in the logistics field for delivering comprehensive, end-to-end support to customers. Simultaneously, it opens up substantial avenues for generating shareholder value."
Under the ...