IQAX Wins Gold Chain Award for Smart Supply Chain and Logistics

IQAX Wins Award for Effective Use of AI and Machine Learning

IQAX Focus Acclaim Highlights Need for Cargo Monitoring Solution

HONG KONG, September 21, 2022 /PRNewswire/ — IQAX Limited, a leading innovator of digital solutions for the logistics industry, is proud to announce that it has won the Gold Chain Award for Excellence in supply chain innovation at the Smart Supply Chain and Logistics Innovation Summit & Expo (APAC) (SSCL), held from 20 to September 21, 2022.

The award is based on the effective use of technologies such as artificial intelligence (AI) and machine learning that underpin IQAX Focus, a cloud-based solution that provides real-time tracking and data-based monitoring. the status of containerized cargo through a single platform.

“Technology and digitalization are key to unlocking business potential, overcoming the challenges of today’s complex supply chains and achieving success. IQAX leverages innovative technologies to develop powerful shipping and logistics solutions in pursuit of a harmonized global business environment,” said IQAX CEO. Romney Wong. “We are honored to receive the award for Outstanding Supply Chain Innovation, an award that highlights the many benefits that IQAX technology-enabled products bring to shipping and logistics.”

The SSCL conference, the fifth this year, is a B2B platform for exchanging information and facilitating business cooperation in the supply chain and logistics sectors. This year’s conference focused on digitizing the supply chain.

The conference is organized by SZ&W Group under the leadership of the Shanghai Supply Chain Development Promotion Association. It is co-organized by Fudan University Management College – Logistics and Supply Chain Club. It is supported by several other organizations, including the Jiancai Club, the Shanghai MBA Alumni Association of University of Hong Kongthe Ferryman SCM Club and University of Hong Kong – Fudan University IMBA | Medical and Health Industry Club.

IQAX is a global information technology company that provides intelligent digital transformation solutions using blockchain and other advanced technologies. IQAX connects shippers, freight forwarders, carriers, terminals and financial institutions. The company has established strengths in IoT cold chain management, shipment tracking, and shipment planning.

IQAX’s IoT supply chain management solution, IQAX Focus, innovatively tackles customer issues related to lack of visibility into the status and status of cargo. IQAX Focus uses AI, machine learning and IoT to deliver greater visibility, allowing users to react immediately to any disruption and avoid loss.

IQAX recently extended the use and capabilities of IQAX Focus to cover both reefer and dry cargo and help cargo owners and freight forwarders address a wide range of challenges including a lack of cargo monitoring and of LCL, a lack of end-to-end visibility, difficulty in obtaining smart container services and limited last-mile visibility, among others.

About IQAX

IQAX is a global information technology company that provides intelligent and digital transformation solutions using blockchain for companies in the logistics ecosystem. With a strong heritage in container shipping, IQAX strives to foster a harmonized and connected global business environment. As an industry leader, IQAX connects with shippers, freight forwarders, carriers, terminals and financial institutions, and offers them digitized solutions to address emerging business challenges throughout the supply chain .

IQAX is an independent technology company wholly owned by Orient Overseas International Ltd. (HKEX: 0316), which in turn is part of Orient Overseas Container Line (OOCL), one of the world’s largest integrated international transportation and logistics companies.

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