FPT signs MOU to collaborate on AI in logisticsMoU signed to advance logistics innovation in APAC
Singapore
Vietnam-headquartered tech company FPT Corporation and Singapore-based multinational transport company ComfortDelGro (CDG), have signed a MoU to explore collaboration in AI, smart mobility, and logistics and transport, with the goal of advancing innovation across the Asia Pacific region.
Under the agreement, both companies will explore opportunities in a broad range of strategic areas, including AI and digital innovation, logistics and transport solutions, market expansion, and research and talent development.
Both parties say the partnership is expected to support more adaptive, efficient, and scalable mobility solutions for CDG’s business priorities and growth markets.
The partnership will focus on AI-enabled applications in fleet and transport management, predictive maintenance, intelligent asset monitoring, demand forecasting, smart transport systems, connected mobility, digital commuter services, and logistics optimisation.
“Urban mobility and logistics are entering a new phase where AI, automation, and digital platforms will increasingly shape customer experience and long-term growth,” says David Nguyen, CEO of FPT Asia Pacific.
Fairchild Equipment expands with new site
Milwaukee, United States
Fairchild Equipment opens new site
Wisconsin-based materials handling equipment provider Fairchild Equipment, has opened its new facility in Milwaukee to accommodate current and future expansion of the business.
The new location is more than three times the size of Fairchild Equipment’s previous two locations combined, the company states.
“We’ve experienced tremendous growth in the Milwaukee market, and this facility reflects the commitment of our team and the needs of our customers,” says CEO Chad Fairchild.
“We outgrew multiple locations along the way, but stayed focused on finding the right space to support our future growth.”
Following a ribbon cutting ceremony to mark the official opening, guests were invited to tour the new facility and experience the company’s expanded capabilities and upgraded infrastructure first-hand.