The latest announcement is out from New Century Logistics (BVI) Ltd. ( (NCEW) ).
On May 1, 2025, New Century Logistics (BVI) Limited entered into a Memorandum of Understanding with Soradynamics Inc. to develop a vehicle-mounted drone logistics system called the Micro-Hub System. This collaboration aims to address high last-mile delivery costs and labor shortages in the U.S. logistics industry by leveraging advanced technology. The system is designed to be modular and easily deployable, reducing initial investment costs for small and medium-sized logistics companies. The partnership is expected to enhance New Century’s logistics operations in the United States, enabling the company to expand its service network and reach new markets, particularly in remote and suburban areas.
More about New Century Logistics (BVI) Ltd.
New Century Logistics (BVI) Limited is a Hong Kong-based company specializing in innovative logistics solutions globally. The company focuses on technology-driven strategies to enhance supply chain intelligence and operates in major markets across North America, Europe, and Asia.
Average Trading Volume: 55,822
Current Market Cap: $47.95M
Learn more about NCEW stock on TipRanks’ Stock Analysis page.