Globavend Holdings Gearing Up Last Mile Delivery Capability in New Zealand

Rhea-AI Summary

Globavend Holdings (Nasdaq: GVH) has announced the inclusion of New Zealand Post (NZ Post) as a last-mile delivery supplier in New Zealand. In May 2024, NZ Post commenced its first trial shipment for Globavend, marking the start of this partnership. CEO Wai Yiu Yau expressed confidence in NZ Post's extensive experience enhancing Globavend's last-mile delivery capabilities. The integration of their shipment management systems allows for parcel tracking and aims to improve delivery efficiency and reliability for customers in Australia and New Zealand.

Positive

• Partnership with NZ Post enhances last-mile delivery capabilities.
• Integration with NZ Post's shipment systems allows parcel tracking.
• Expected improvement in delivery efficiency and reliability.

Negative

• None.

PERTH, AUSTRALIA, July 09, 2024 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (Nasdaq: GVH) (the “Company” or “Globavend”), an emerging e-commerce logistics provider, today announced the inclusion of New Zealand Post (NZ Post) as one of its last-mile delivery suppliers in New Zealand.

NZ Post, a state-owned enterprise with the New Zealand Government as its sole shareholder, has a long-standing history of providing postal services across New Zealand. In May 2024, NZ Post commenced its first trial shipment for Globavend, marking the beginning of their collaboration in last-mile delivery services in New Zealand.

Wai Yiu Yau, CEO of Globavend, commented, “We are delighted to welcome NZ Post as one of our last-mile delivery suppliers in New Zealand. NZ Post's extensive experience and established reputation in postal and delivery services make them an ideal partner. We have seen a significant increase in demand for our logistics solutions in New Zealand, and with the addition of NZ Post, we believe our last-mile delivery capabilities will be significantly enhanced.”

Globavend and NZ Post has integrated their respective shipment management systems to provide parcel tracking. From there, Globavend ensures tracked delivery to customers in Australia and New Zealand.

This partnership ultimately aims to streamline and enhance the efficiency of last-mile delivery services, ensuring that customers in Australia and New Zealand receive reliable and timely delivery of their parcels.

About Globavend Holdings Limited

Globavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics provider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers with a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery.

Forward-Looking Statements

This press release contains certain forward-looking statements, including those regarding the Company’s proposed transaction and its future potential. Words such as “will,” “future,” “expects,” “believes,” and “intends,” or similar expressions, are intended to identify forward-looking statements. These statements are subject to inherent uncertainties in predicting future results and conditions. No assurance can be given that the proposed transaction will be completed on the terms described or will achieve the objectives contemplated. These and other risk factors and uncertainties are detailed in our annual report on Form 20-F. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether due to new information, future events, or otherwise, except as required by law.

For investor and media inquiries, please contact:

Company Info:

Globavend Holdings Limited
Wai Yiu Yau, Chairman and CEO
project@globavend.com 61 08 6141 3263

FAQ

What is the significance of Globavend Holdings' partnership with NZ Post?

The partnership aims to enhance Globavend Holdings' last-mile delivery capabilities in New Zealand through NZ Post's extensive experience and established reputation.

When did NZ Post commence trial shipments for Globavend Holdings?

NZ Post commenced its first trial shipment for Globavend Holdings in May 2024.

What is the expected benefit of the integration between Globavend Holdings and NZ Post?

The integration of shipment management systems is expected to streamline delivery processes and improve efficiency and reliability for customers in Australia and New Zealand.

What stock symbol is associated with Globavend Holdings?

Globavend Holdings is associated with the stock symbol GVH.