Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
New Century Logistics (BVI) Ltd. ( (NCEW) ) just unveiled an update.
On May 16, 2025, New Century Logistics (BVI) Limited entered into a Memorandum of Understanding with Silk Way Airlines Limited to establish a strategic cooperative relationship. This collaboration aims to integrate New Century’s global logistics network with Silkway’s air cargo resources to enhance international air freight logistics solutions. The partnership will focus on optimizing route planning, cost control, and risk management, as well as improving customer experience through a seamless logistics service system. The cooperation is expected to expand market presence and customer reach, particularly in Asia Pacific, Europe, and emerging markets. The MOU is valid for 12 months, during which specific projects will be implemented, including the launch of customized air transport services for cross-border e-commerce and high-end manufacturing in the third quarter of 2025.
More about New Century Logistics (BVI) Ltd.
New Century Logistics (BVI) Limited is an international freight forwarding company and logistics service provider. It primarily serves direct shippers and other freight forwarders, assisting with the import and export of goods. The company offers a range of services including cargo space sales, cargo pickup, off-airport air cargo security screening, palletization, shipping documentation preparation, customs clearance, and cargo handling at ports. It generates revenue mainly from air freight export shipments to North America, Europe, and Asia.
Average Trading Volume: 877,488
Current Market Cap: $24.3M
See more insights into NCEW stock on TipRanks’ Stock Analysis page.