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SolarWinds Adds Transformative AI Features to IT Service Management Solutions

SolarWinds Service Desk now includes an AI-powered virtual agent to help users troubleshoot issues so IT agents can focus on critical and complex tasks

SINGAPORE – Media OutReach – 18 May 2023 – SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure observability and IT management software, announces it’s adding transformative artificial intelligence (AI) and machine learning (ML) capabilities to its IT service management (ITSM) solutions. The new AI features include a virtual agent to help users solve everyday IT problems and guided incident resolution to empower agents with the information they need to effectively resolve complex issues.

The new SolarWinds® Service Desk additions are designed to reduce ticket volume by enabling users to remediate easier-to-solve issues so IT practitioners can focus on the complex issues requiring their expertise. The Service Desk AI virtual agent can answer user questions and support troubleshooting. By constantly learning based on interactions with users, the virtual agent adapts over time to provide the most helpful and relevant information and help solve issues based on each customer’s specific needs.

The cloud-native SolarWinds Service Desk solution is highly regarded in the industry for being easy to use and effective for users and agents while providing quick time to value. Automated ticket routing, AI-powered smart suggestions, and the new virtual agent within Service Desk all help ensure agents can efficiently deliver services across the organization. Customers can also enhance and personalize Service Desk through integrations with over 200 popular cloud applications.

“Digital transformation, application modernization, and the move to the cloud have dramatically increased the complexity of digital services,” said Cullen Childress, GVP of product management at SolarWinds. “This means the number of potential problems impacting user experience has also increased substantially. Our ITSM solutions are a significant focus we’re investing in. This includes Service Desk, which enables teams to focus more on important business priorities rather than mundane, time-consuming tasks. By leveraging advanced AI and powerful automation, SolarWinds makes users more productive, supports agents more efficiently, and helps ensure companies are more successful.”

SolarWinds solutions are rooted in the company’s deep connection with tech professionals. The company engaged directly with customers through THWACK®, its community of over 180,000 users, to develop and test the new AI capabilities and ensure they make it easier for IT pros to do their jobs. A recent survey of SolarWinds customers found the new Service Desk AI features enabled IT teams to reduce ticket resolution time by 24% and save an average of 23 hours per week. Surveyed Service Desk customers have also reported a reduction in downtime of 21% on average and a 24% average increase in progress toward achieving service-level agreements (SLAs).

Teams can customize SolarWinds Service Desk to provide an efficient and intelligent ticket management system and service request workflows for other business groups beyond the IT department. This enables human resources, legal, finance, sales, marketing, and other departments to become more responsive and enhance their service delivery capabilities. Managing employee requests through one system and automating workflows helps these departments deliver better and faster services to colleagues. Later this year, SolarWinds is planning to launch a new enterprise service management (ESM) solution designed to allow multiple departments within a single organization to have their own service portal, ticket management system, and service catalog within one platform to allow better cross-department workflows while ensuring data from different departments is appropriately segregated.

The new AI-powered ITSM upgrades are the latest significant solution enhancements from SolarWinds. SolarWinds released cloud-based and hybrid observability solutions and a new partner program in the past year. By investing in the AI-powered SolarWinds Platform, the company is blending observability and service management to consistently deliver simple and secure solutions for IT Ops, DevOps, SecOps, and CloudOps professionals.

Hashtag: #SWI #SWIproducts


The issuer is solely responsible for the content of this announcement.

SolarWinds

SolarWinds (NYSE:SWI) is a leading provider of simple, powerful, secure observability and IT management software built to enable customers to accelerate their digital transformation. Our solutions provide organizations worldwide—regardless of type, size, or complexity—with a comprehensive and unified view of today’s modern, distributed, and hybrid network environments. We continuously engage with IT service and operations professionals, DevOps and SecOps professionals, and database administrators (DBAs) to understand the challenges they face in maintaining high-performing and highly available hybrid IT infrastructures, applications, and environments. The insights we gain from them, in places like our community, allow us to address customers’ needs now and in the future. Our focus on the user and our commitment to excellence in end-to-end hybrid IT management have established SolarWinds as a worldwide leader in solutions for observability, IT service management, application performance, and database management. Learn more today at .

This press release contains “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding future features and functionality. These forward-looking statements are based on management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as “aim,” “anticipate,” “believe,” “can,” “could,” “seek,” “should,” “feel,” “expect,” “will,” “would,” “plan,” “intend,” “estimate,” “continue,” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission, including the risk factors discussed in our Annual Report on Form 10-K for the period ended December 31, 2022 filed on February 22, 2023 and our Quarter Report on Form 10-Q for the period ended March 31, 2023 filed on May 4, 2023. All information provided in this release is as of the date hereof and SolarWinds undertakes no duty to update this information except as required by law.

The SolarWinds, SolarWinds & Design, Orion, and THWACK trademarks are the exclusive property of SolarWinds Worldwide, LLC or its affiliates, are registered with the U.S. Patent and Trademark Office, and may be registered or pending registration in other countries. All other SolarWinds trademarks, service marks, and logos may be common law marks or are registered or pending registration. All other trademarks mentioned herein are used for identification purposes only and are trademarks of (and may be registered trademarks of) their respective companies.

© 2023 SolarWinds Worldwide, LLC. All rights reserved.

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ROSEN, National Trial Lawyers, Encourages Sprit AeroSystems Holdings Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SPR

New York, New York – Newsfile Corp. – May 17, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Spirit AeroSystems Holdings, Inc. (NYSE: SPR) between April 8, 2020 and April 13, 2023, both dates inclusive (the “Class Period”), of the important July 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Spirit AeroSystems securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Spirit AeroSystems class action, go to https://rosenlegal.com/submit-form/?case_id=15844 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Spirit lacked effective production quality controls; (2) that, as a result, Spirit incorrectly installed fittings designed to join the aft fuselage to the vertical tail for some Boeing 737 Max airplanes that Spirit sent to Boeing; (3) that, as a result, Spirit would have to develop an inspection and repair procedure for the affected fuselages; (4) that the foregoing would negatively impact Spirit’s financial results; and (5) that as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Spirit AeroSystems class action, go to https://rosenlegal.com/submit-form/?case_id=15844 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

RAD Friday Deadline: ROSEN, Top Ranked Investor Counsel, Encourages Rite Aid Corporation Investors to Secure Counsel Before Important May 19 Deadline in Securities Class Action Filed by the Firm – RAD

New York, New York – Newsfile Corp. – May 17, 2023 – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Rite Aid Corporation (NYSE: RAD) between April 26, 2018 and March 13, 2023, both dates inclusive (the “Class Period”), of the important May 19, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Rite Aid securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Rite Aid class action, go to https://rosenlegal.com/submit-form/?case_id=9388 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 19, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) until at least June 2019, Rite Aid filled at least hundreds of thousands of unlawful prescriptions for controlled substances that lacked a legitimate medical purpose, including for potentially lethal opioids such as oxycodone and fentanyl; (2) Rite Aid pharmacists filled these prescriptions despite clear “red flags” that indicated that the prescriptions were unlawful; (3) Rite Aid ignored evidence that its stores were dispensing unlawful prescriptions, and intentionally deleted internal notes about suspicious prescribers written by concerned pharmacists; (4) by knowingly filling unlawful prescriptions for controlled substances, Rite Aid violated the Controlled Substances Act and, where Rite Aid sought reimbursement from federal healthcare programs, also violated the False Claims Act; (5) as a result, it was at risk of prosecution by federal authorities such as the United States Department of Justice (“DOJ”) and (6) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Rite Aid class action, go to https://rosenlegal.com/submit-form/?case_id=9388 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

The issuer is solely responsible for the content of this announcement.

Xapo Bank Expands its Stablecoin Payment Rails, Becoming The First Licensed Bank To Enable Both USDC and USDT Deposits and Withdrawals

Xapo Bank highlights a strong appetite since enabling USDC deposits in November, receiving $48 Million in USDC deposits and enabling $4.5M in USDC withdrawals since the function went live in March*

BANGKOK, THAILAND – Media OutReach – 18 May 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate Tether (USDT) payment rails. Beginning with a phased rollout, the payment rails will be fully available to all members by the end of May. Building on its existing USDC rails that were launched in March, the bank is now enabling members to leverage the world’s most widely adopted stablecoin for payments as an alternative to time-consuming and costly SWIFT rails.

With a market cap of $82 billion**, USDT is the world’s most used stablecoin and one of the most traded cryptocurrencies by volume, having pioneered the digital dollar concept. It empowers growing ventures and innovation throughout the blockchain space, providing a quicker and more efficient way for millions of people across the globe to send and receive money for remittances and other payments. It is also particularly popular in emerging markets suffering from hyperinflation and economic uncertainty.

Xapo Bank has seen a strong appetite for the efficiency of stablecoin deposits and withdrawals amongst its members, many of whom are based in emerging markets. Since enabling USDC deposits in November, it has received $48 Million in USDC deposits and enabled $4.5M in USDC withdrawals since the function went live in March. It has also experienced a 19%*** increase in member onboarding requests since the USDC withdrawal function went live in March. Xapo Bank offers a 1:1 conversion rate from USDC to USD. All USDC and USDT deposits received by Xapo Bank are automatically converted to USD, meaning members can benefit from a 4.1% annual interest rate on daily USD deposits.

By allowing members to deposit and withdraw using USDC and USDT with no fees charged by Xapo, Xapo Bank is bringing its attractive 4.1% annual interest rate return on deposits to the attention of a new cohort of potential members looking for an alternative to SWIFT payments.

Xapo Bank increased the interest rate on US Dollar deposits to 4.1% earlier this year and also introduced an annual 1% interest on member Bitcoin deposits, divided over the year and paid out daily. This interest rate increase on US Dollar deposits doubles the rate the bank previously offered and is significantly higher than the industry average. The raise is part of the bank’s interest rates restructuring, which is based on market conditions and aims to ensure that Xapo Bank members can continue to earn sustainable returns on their deposits. By allowing members to deposit and withdraw using USDC and USDT with no fees charged by Xapo, Xapo Bank is bringing its attractive 4.1% annual interest rate return on deposits to the attention of a new cohort of potential members looking for an alternative to SWIFT payments.

A fully licensed and regulated bank, Xapo Bank is a member of the Gibraltar Deposit Guarantee Scheme, meaning that Xapo Bank guarantees its members’ USD deposits up to the US dollar equivalent of €100,000. Unlike traditional banks, Xapo Bank does not lend and therefore does not rely on fractional reserve banking to make money as its core business model. Instead, it has all its customers’ fiat funds in reserve and invested in short-term liquid assets to pass the benefit of that interest earned to its customers. Xapo Bank’s member deposits in Bitcoin are fully segregated and are never lent or leveraged. Xapo Bank is held to the same legal standards of law as any EU or UK bank and is audited by one of the big four, KMPG, ensuring that members can feel safe that their assets are protected.

Seamus Rocca, CEO of Xapo Bank, said: “Xapo Bank is the only regulated bank offering a USD account with stablecoin rails. This unique offering combines the compliance and safety of a traditional bank with speed, efficiency, and breadth of use of USDC and USDT. We are growing our payment rail options to eliminate the timely and often expensive deposit and withdrawal processes.”

Xapo Bank is constantly striving to grow its payment rails options, offering members additional currency choices managed with the security of a fully-regulated Bank. Reflecting this, in addition to the USDC and USDT payment rails, Xapo Bank previously integrated with the Faster Payment System (FPS) to activate support for GBP settlement for account deposits and withdrawals. This means members can make payments directly to UK Banks and participating territories and wallets like Wise, Revolut or many exchanges.

Xapo Bank also recently announced that it had become the world’s only fully licensed private bank to partner with Lightspark and integrate with the Lightning Network to enable lightning-fast Bitcoin payments for its members. The integration enables Xapo Bank members to pay for small purchases of up to $100 instantly to any vendor who accepts Lightning payments without suffering high transaction fees and long blockchain confirmation waiting times. Since launching this in March 2023, Xapo Bank has seen consistent daily use of the payment network by its members. During the recent period of high Bitcoin fees, Xapo experienced a spike in Lightning transactions amongst its members, highlighting that the Lightning network is a great alternative to the traditional Layer 1 Bitcoin network.

To learn more about Xapo Bank, visit: https://www.xapo.com/

Editor’s Notes
* Data collated w/c 25th April
** As of 9th May
*** Comparing the 45 days before the USDC launch and 45 days after the launch

Hashtag: #XapoBank



The issuer is solely responsible for the content of this announcement.

About Xapo Bank

o Bank is a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins. Founded in 2013, Xapo became one of the most trusted Bitcoin custodians in the industry, providing users with a secure platform to store and transact with their cryptocurrency. Coinbase‘s custody arm purchased Xapo’s institutional custody business in 2019. Pivoting to service solely retail customers, it evolved into Xapo Bank, the first crypto company in the world to obtain a banking license issued and regulated by the Gibraltar Financial Services Commission. It has since expanded its offerings to include a full suite of private banking services. With this expansion, Xapo Bank is poised to become one of the leading private banks in the world, offering clients a level of security, privacy, and flexibility that is unmatched in the traditional banking industry.

Epicor Puts AI-Enabled Insights to Work for the Make, Move, and Sell Economy

HONG KONG SAR – Media OutReach – 17 May 2023 – Epicor, a global leader of industry-specific enterprise software to promote business growth, will today demonstrate its vision at the company’s annual Insights 2023 user conference for the connected Data Supply Chain, helping Makers, Movers, and Sellers action indispensable insights to strengthen and optimize their own operations, as well as more closely collaborate with trusted partners and industry ecosystems for a dynamic and responsive supply chain.

“To be successful in today’s marketplace, Makers, Movers, and Sellers must make data-driven decisions faster and with greater accuracy. It’s all about the right insights, in the right place, at the right time,” said Epicor CEO Steve Murphy. “Epicor is delivering the digital foundation to help give our customers an insight advantage, supported by our deep industry expertise, powerful data analytics, and emerging AI capabilities that will help pave the road to a more resilient and predictable global supply chain.”

Business leaders know that operational insight is key to unlocking business value. But getting to those insights – whether it’s within their own enterprise or across their supply chains – is a pervasive challenge. Many contend with managing overwhelming amounts of data, proliferation of data siloes across their organizations, as well as disconnected processes and lack of data transparency with trading partners and suppliers.

In fact, according to the most recent Epicor Industry Insights Report, nearly 70 percent of enterprises surveyed said they are looking to their ERP provider as an expert partner and resource to help them navigate a variety of data management and integration needs. In addition, more than 80 percent of respondents indicated they are interested in exploring and investing in the latest technologies to help them optimize and grow their businesses.

Through the company’s leading Industry ERP Cloud platforms grounded in contextual business intelligence, Epicor is positioned to help organizations across manufacturing, distribution, retail, building supply, and auto environments adopt a data-first strategy that lets them integrate internal and external data sources and interpret signals and indicators both within their business and across supply chains. In doing so, they can gain actionable insights to optimize and automate business flows and drive time-to-value.

During Insights 2023, attendees will see first-hand several use case demonstrations that showcase the company’s Data Supply Chain approach in action, including:

  • Grow, the Epicor Data Platform – At the core of the connected Data Supply Chain is Epicor Grow, the company’s full-stack, no code / lo code BI platform that combines data integration, warehousing, and visualization into one easy to use solution. This allows users across the business to quickly build the visualizations they need to make fast, informed decisions based on data from Epicor platforms and thousands of external data sources and apps.
  • Predictive Analytics Powered by ChatGPT – Through its collaboration with OpenAI, Epicor is combining the power of ChatGPT with its industry expertise to deliver predictive analytics and contextual recommendations via the intuitive Epicor Virtual Agent (EVA). Epicor users can save valuable time analyzing information across both internal and external data sources by simply querying EVA to quickly uncover the answers they need to make informed decisions.
  • Supplier Integration Across Industry Ecosystems – By integrating internal and external data sources using Epicor Prophet 21 and Grow, companies can gain key insights across their supply chains, such as access to real-time inventory levels and pricing data within a supplier community, as well as automatically generated supplier performance scores to help select the best vendor to meet quality, delivery, and timing needs.
  • People-Centric Automation and Experiences – Epicor is bringing together the entire Make, Move, and Sell value chain by showcasing how its technologies are helping optimize and improve the worker experience using automation and intelligent recommendation, from customer part configuration and ordering, digital work instructions on the shop floor, delivery, and field service.

“This is an era in which cloud computing, business intelligence, and AI can be applied at scale to transform the way we solve some of our biggest challenges,” said Epicor Chief Product Officer Vaibhav Vohra. “We’re empowering our customers’ workforces – from the top floor to the shop floor – to tap into a world of innovative possibilities for how workstreams and collaboration across the essential industries get done.”

Epicor Insights 2023 in Las Vegas brings together more than 3,000 customers, partners, and influencers to connect, learn, and explore possibilities in using Epicor solutions to create a world of better business. For more information, please visit www.epicor.com.

Hashtag: #Epicor

The issuer is solely responsible for the content of this announcement.

Epicor

Epicor Software Corporation equips hard-working businesses with enterprise solutions that keep the world turning. For nearly 50 years, Epicor customers in the automotive, building supply, distribution, manufacturing, and retail industries have trusted Epicor to help them do business better. Innovative Epicor solution sets are carefully curated to fit customer needs and built to flexibly respond to their fast-changing reality. With deep industry knowledge and experience, Epicor accelerates its customers’ ambitions, whether to grow and transform, or simply become more productive and effective. Visit for more information.

Health Officials Raise Alarm as Dengue Fever Cases Soar in Laos

Health Officials Raise Alarm as Dengue Fever Cases Soar in Laos
A mosquito sucking off blood from a man's arm (photo: Freepik)

Health authorities have warned residents to urged precautions after Laos recorded over 2,000 cases of dengue fever until Tuesday.

Authorities Destroy Fake MSG in Luang Namtha Province

Authorities Destroy Illegally Transported MSG in Luang Namtha Province
Officers getting rid of the fake MSG (photo: Lao Phatthana)

The Department of Industry and Commerce in Luang Namtha province confiscated and destroyed a large pile of Monosodium glutamate (MSG) last week, after finding them to be fake products.

DHL Global Forwarding expands its green footprint with the deployment of four electric vehicles in Shanghai

SHANGHAI, CHINA – Media OutReach – 17 May 2023 – DHL Global Forwarding, the freight specialist arm of Deutsche Post DHL Group, has expanded its electric vehicles fleet with two new electric trucks and two electric tractors at its facility in Shanghai. The four vehicles will operate for a total monthly mileage of more than 20,000 km, which is expected to reduce carbon emissions by more than 300 tons per year. This is part of the company’s commitment to reducing its carbon footprint and providing sustainable logistics solutions.

Ready, set, go electric! Executives at DHL Global Forwarding and honored guests inaugurates the new EVs with a celebratory ribbon cutting in Shanghai Left to right: Allen Chen, President of DHL Global Forwarding China Shanghai; Frank Zhu, General Manager of Wing Logistics; Piak Hwee Tan, Senior Vice President of Marketing and Sales, DHL Global Forwarding Asia Pacific; Kelvin Leung, CEO of DHL Global Forwarding Asia Pacific ; Steve Huang, CEO of DHL Global Forwarding Greater China; John Liu, Chairman of Global Express; Johnson Wong, President of DHL Global Forwarding East China

Ready, set, go electric! Executives at DHL Global Forwarding and honored guests inaugurates the new EVs with a celebratory ribbon cutting in Shanghai

Left to right: Allen Chen, President of DHL Global Forwarding China Shanghai; Frank Zhu, General Manager of Wing Logistics; Piak Hwee Tan, Senior Vice President of Marketing and Sales, DHL Global Forwarding Asia Pacific; Kelvin Leung, CEO of DHL Global Forwarding Asia Pacific ; Steve Huang, CEO of DHL Global Forwarding Greater China; John Liu, Chairman of Global Express; Johnson Wong, President of DHL Global Forwarding East China

Steve Huang, CEO of DHL Global Forwarding China, said, “The climate crisis is top of mind today. We can no longer neglect the impact of our business operations on the environment. The transportation sector emits about 30 percent of CO2 generated by truck traffic. However, new technology and the development of sustainable fuels are providing us with more options to reduce and eliminate emissions. Deploying electric vehicles is an important step in expanding our green footprint.”

The successful deployment of the electric vehicles is made possible by the strong support from Worldex Logistics and Reach-Wing Logistics, DHL’s strategic partners in China responding to last-mile pickup and delivery, sharing the vision of making logistics and transportation greener.

The DPDHL Group will invest Euro 7 billion until 2030 in clean operations to reduce our emissions to under 29 million tons by 2030 as part of the Science Based Targets Initiative. That includes increasing the usage of sustainable fuels in both air and ocean freight for our shipments, and electrifying 60% of last-mile delivery vehicles.

Hashtag: #DHL #DHLGlobalForwarding #EV #electricvehicle #sustainability



The issuer is solely responsible for the content of this announcement.

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 94 billion euros in 2022. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. Deutsche Post DHL Group aims to achieve net-zero emissions logistics by 2050.