Honeywell and Shanghai Shensi jointly create a new online freight platform ecosystem

Honeywell (NYSE: HON), a diversified, high-tech, advanced connected industrial company and one of the Fortune Global 500, reached a strategic cooperation agreement with Shanghai Shensi Enterprise Development Co., Ltd. (Shanghai Shensi) at the second China International Import Expo. The two parties will work together to explore the prospects of the smart logistics market, build a Chinese online freight platform ecosystem, and bring more benefits to the market and users.

At the scene, Guo Wenwei (third from right), General Manager of Software Solutions Business of Honeywell Safety and Productivity Solutions Group Greater China, and Zhang Ping (sixth from left), General Manager of Shanghai Shensi Enterprise Development Co., Ltd., signed the strategic cooperation agreement on behalf of both parties. Chai Xiaozhou, President of Honeywell Safety and Productivity Solutions Group Greater China, and Li Jiaming, Chairman of Shanghai Shensi Enterprise Development Co., Ltd., jointly witnessed the signing of the cooperation agreement. Relevant leaders of Honeywell and Shanghai Shensi also attended the event.

With the development of China's economy, online retail, e-commerce and other industries have begun to grow rapidly. As the lifeblood of market circulation, the logistics industry is in urgent need of optimization and upgrading. As a well-known third-party logistics company in China, Shanghai Shensi provides integrated logistics services for many large domestic and foreign group customers, including trunk transportation, warehousing and distribution, and supply chain integration. At the same time, Honeywell's "Honeywell e-transport" software system can optimize the supply chain ecosystem, and by providing mobile and information support, it connects the upstream and downstream of the supply chain to achieve a full closed-loop service for the supply chain. Through this strategic cooperation, the two parties will focus on information platforms and big data, and will conduct in-depth cooperation and research in the fields of Internet + industry supply chain integration, full-process visualization and informatization of the freight industry, network freight platform ecosystem construction and application, and development of small and medium-sized logistics enterprises.

Li Jiaming, Chairman of Shanghai Shensi Enterprise Development Co., Ltd., said: "The demand for digitalization and intelligence in China's freight industry is growing rapidly, and the prospects for smart logistics are very broad. We adopt the light-asset lean operation model of 'carless carriers' and combine big data to provide advanced logistics solutions for many companies. In this regard, our philosophy coincides with Honeywell's. After reaching a long-term and comprehensive strategic partnership, we can combine the software and hardware advantages of both parties to achieve resource sharing and common development."

"Shanghai Shensi is actively building the 'Shensi Freight Network' smart logistics ecosystem. After being equipped with our professional logistics management software, it can better improve the intelligence of enterprise operations through real-time data analysis." Mr. Chai Xiaozhou, President of Honeywell Safety and Productivity Solutions Group Greater China, said, "Through the cooperation between the two companies, we can complement each other's strengths and jointly provide customers with full-process transparent logistics information services. In the future, we will work together to build the Shanghai Small and Medium-sized Micro Logistics Enterprise Headquarters Incubation Center, and strive to bring safety management software and hardware technology solutions based on big data and full-process visualization to the Chinese freight industry."

In addition to the complete logistics management software "Honeywell e-Logistics", Honeywell also exhibited a variety of logistics and warehousing information applications, including new mobile data terminals, at the H4.1 Hall B3-002 booth of the second CIIE, providing customized solutions for Chinese companies to achieve digital transformation of the supply chain, optimize production efficiency and costs in all links, and improve the market competitiveness of enterprises in all aspects. Recently, Honeywell has completed a new brand upgrade and is committed to creating a more efficient, safe and sustainable world through high-tech products and solutions. "The future is ours."