NEW CENTY LOGISTICS BVI LTD Stock Price, News & Analysis

New Century Logistics (NCEW) has signed a Letter of Intent to acquire 51% of Asiatic Logistics Limited, marking a strategic expansion in Asia. The acquisition builds upon their July 2023 Strategic Cooperation Framework Agreement and aims to strengthen New Century's presence in the Asian market, particularly in Japan and Southeast Asia. Asiatic, established in 2007, specializes in air freight markets with core services including Japan Dedicated Line and e-commerce charter flights. The acquisition will enhance New Century's global logistics ecosystem by creating an integrated Asia-Europe-Middle East corridor. Post-acquisition, Japan will become a key strategic hub, with plans to develop customized e-commerce logistics products offering 72-hour customs clearance and 48-hour door-to-door service. The deal's financial terms will be determined in a subsequent formal acquisition agreement.

NCEW Investment Consultancy Company Limited and JD Logistics UK (JDL UK) have signed a Comprehensive Logistics Service Agreement on May 1, 2025, to collaborate on cross-border logistics services. The partnership will focus on three core services: B2C cross-border direct mail logistics, B2C cross-border bonded logistics, and B2B cross-border freight forwarding.

The agreement leverages JDL UK's extensive global network and NCEW's investment consulting expertise to optimize supply chain management. The partnership includes digital systems implementation for visual order management and dynamic cost adjustment mechanisms. Both companies will maintain strict compliance with international trade regulations and data security requirements while exploring intelligent logistics solutions.

New Century Logistics (NCEW) has signed a 12-month Memorandum of Understanding (MOU) with Silk Way Airlines on May 16, 2025, to explore strategic cooperation in international air logistics. The partnership focuses on four key areas: joint development of international air freight solutions, market intelligence sharing, collaborative marketing, and customer experience enhancement.

The companies plan to launch customized air transport services for cross-border e-commerce and high-end manufacturing in Q3 2025, with potential collaboration in sustainable aviation fuel (SAF). The partnership aims to integrate New Century's global logistics network with Silkway's air cargo resources to provide enhanced end-to-end transportation services.

New Century Logistics (NCEW) has partnered with Japanese tech company Soradynamics Inc to develop an innovative in-vehicle drone logistics system called Micro-Hub System. The system aims to tackle the U.S. logistics industry's challenges, where last-mile delivery costs represent 30% of total logistics costs and truck driver shortages exceed 80,000.

The Micro-Hub System features vehicle-mounted drone nests, six-axis robot automatic battery swapping, and automated cargo handling. Key capabilities include intelligent UAV nest design, automatic battery replacement, and multi-drone collaboration. The system promises to reduce last-mile delivery costs by over 50% per kilometer, decrease customer complaints by 80%, and increase order processing capacity by 2.5 times.

The modular system can be rapidly deployed without major vehicle modifications, extending delivery coverage up to 40KM radius, particularly benefiting remote and suburban markets.

New Century Logistics (NASDAQ: NCEW), a Hong Kong-based freight forwarding service provider consulted by ATIF Holdings (NASDAQ: ZBAI), has successfully completed its IPO on the Nasdaq Exchange. The company offered 1,500,000 shares at $4.00 per share, aiming to raise $6,000,000. New Century provides comprehensive freight forwarding services, including cargo space sales, pick-up, security screening, palletization, documentation, customs clearance, and port handling. Trading commenced on December 18, 2024. ZBAI's CEO Jun Liu expressed enthusiasm about the listing, viewing it as both a recognition of past achievements and a stepping stone for future growth.