Carbonomi Trust, an investor in satellite-based communication and IoT infrastructure, is helping Chinese logistics provider MingZhu Logistics build a satellite-based intelligent logistics network with fixed site and mobile coverage.

MingZhu and Carbonomi found a critical need for reliable coverage across the supply chain to integrate AI and monitor IoT devices. Companies that fail to establish real-time connections and collaboration with their employees and customers are at a competitive disadvantage during this period of development and reshaping of the global supply chain.

“As bulk commodity logistics undergoes a digital transformation and a global digital unified market emerges, the logistics sector must prioritise fortifying and thoroughly modernising its traditional framework,” said Jinlong Yang, CEO of MingZhu. “This evolution offers a significant, enduring opportunity for MingZhu and Carbonomi, as there are unaddressed requirements in numerous sectors including construction, transportation, agriculture, retail and hospitality, among others. Crucially, this collaboration seamlessly aligns with our core business and capitalises on our established reputation in the logistics field for delivering comprehensive, end-to-end support to customers. Simultaneously, it opens up substantial avenues for generating shareholder value.”

By adopting the communication link of virtual satellites, as well as the settlement network of commodity trading and supply chain and related digital banks, the companies aim to build an intelligent logistics system integrating air and land, and bring the logistics industry into the era of air-ground integration and ubiquitous intelligent IoT.

An objective is to establish a physical internet framework, commencing with the macro concept and descending to the micro level. This entails leveraging digitisation plus intelligence through logistics technology to empower a systematic, scientific model tailored around the characteristics of logistics enterprises, including multi-projects, multi-scenarios, long chains and cross-layers. By segmenting closed-loop scenarios, they plan to address the prevalent problems within the industry and cultivate a robust physical internet ecosystem within the logistics sector.

The digitisation of logistics will lead to the creation of digital assets, representing a novel production factor. These assets can be incorporated into a digital assets table and traded within the digital assets market. This transformation underscores the evolving nature of logistics, where intangible assets hold tangible value and contribute significantly to the economy.

Carbonomi Trust is an investor in energy transition-related technologies and companies including satellite-based communication and IoT infrastructure.

Established in 2002 and headquartered in Shenzhen, China, MingZhu Logistics (ir.szygmz.com) is a 4A-rated professional trucking service provider. Based on the company’s regional logistics terminals in Guangdong Province, MingZhu offers tailored options to its clients to deliver their goods through its network density and broad geographic coverage across the country by a combination of self-owned fleets tractors and trailers and subcontractors’ fleets.