In a strategic move towards expansive digital transformation, Nippon Express Holdings, Inc. has acquired a minority equity stake in Wiz Freight , an Indian digital forwarding service provider. This acquisition, completed on January 12, marks the third investment made through the NX Global Innovation Fund. Established by Nippon Express in January 2023, the fund is dedicated to fostering digital innovation within the logistics sector by investing in promising startups. Nippon Express: Forging a Digital Future in Logistics Nippon Express, a global leader in logistics, has been actively advancing its digital transformation efforts. It has launched innovative digital services like e-NX Quote and e-NX Visibility for online quotations and tracking, respectively. Through these initiatives, the company aims to digitize operations, standardize trade processes, and create platforms that optimize logistics with transparent information flows. Wiz Freight: A Digital Pioneer in Emerging Markets Founded in 2020, Wiz Freight has quickly become recognized for addressing the digital needs of cross-border supply chains in emerging markets. With a workforce of over 900 employees and 25 offices across six countries—including India, UAE, Hong Kong, Singapore, Thailand, and the USA—Wiz Freight has been at the forefront of creating digital solutions for logistics. Strategic Partnership for a […]