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Shengfeng Development Limited Enters China’s Low-Altitude Logistics Sector

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FUZHOU, China, Nov. 11, 2024 /PRNewswire/ — Shengfeng Development Limited (“Shengfeng” or the “Company”) (NASDAQ: SFWL), a contract logistics company in China providing customers with integrated logistics solutions, announced today a strategic expansion into the low-altitude economy in China. The Company believes this move will allow it to leverage its logistics expertise in an emerging field that integrates drone technology for streamlined, efficient logistics solutions across diverse sectors, particularly in high-demand and remote regions.

China’s low-altitude economy—encompassing civil and commercial drone operations in airspace up to 1,000 meters—is projected to grow rapidly, with the total market value expected to exceed 1 trillion yuan (approximately 140 billion USD) by 2026, according to recent studies by CCID Consulting Co., Ltd., a subsidiary of the China Center for Information Industry Development under China’s Ministry of Industry and Information Technology. Such studies indicate that within this sector, low-altitude logistics has emerged as a transformative tool for urban parcel delivery, medical supply transport, and agricultural management, providing timely, cost-effective solutions for essential services. The potential applications of drone technology within the sector are expected to be extensive, and are anticipated to offer solutions that reduce operational costs, optimize logistics networks, and enhance last-mile delivery capabilities.

As an experienced logistics provider in China, the Company is entering the low-altitude logistics sector with the expectation that it may be valued by industries that stand to benefit from what is anticipated to be capable of providing more agile and efficient logistics services, such as healthcare, e-commerce, and agriculture. The Company’s planned low-altitude logistics services aim to complement existing supply chains with customized, drone-based delivery options that can reach previously underserved areas, by which it expects to improve connectivity and response times.

“Expanding into China’s low-altitude economy is a natural step forward for Shengfeng as we continue to grow and innovate in response to market needs,” said Mr. Yongxu Liu, the Company’s Chairman and Chief Executive Officer. “Our goal is to apply our logistics expertise and infrastructure to support critical industries in ways that enhance service capabilities and reach. We look forward to our role in advancing innovations in the low altitude economy. The low-altitude economy’s growth is fueled by advancements in drone technology, regulatory support, and increasing demand for logistics solutions that serve remote regions. With nearly two decades of experience in China’s logistics industry, we expect Shengfeng to be well-positioned to contribute significantly to the development of this sector and to expand its service offerings into new, high-potential markets.”

About Shengfeng Development Limited

Shengfeng Development Limited is a contract logistics company in China providing customers with integrated logistics solution services. Established in 2001, the Company has developed extensive and reliable transportation networks in China, covering 341 cities across 31 provinces, as of June 30, 2024. The Company provides integrated logistics solutions comprised of B2B freight transportation services, cloud storage services, and value-added services. The Company applies well-established management system and operation procedures to assist companies in China to increase efficiency and improve their own management systems with respect to transportation, warehousing and time management. For more information, please visit the Company’s website: http://ir.sfwl.com.cn/.

Forward-Looking Statements

This press release contains “forward-looking statements.” Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

View original content:https://www.prnewswire.com/news-releases/shengfeng-development-limited-enters-chinas-low-altitude-logistics-sector-302300628.html

SOURCE Shengfeng Development Limited

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Multiplier Reveals Global Hiring Trends: International Hiring for Leadership Roles Rises, US-to-Canada Hiring Expands by 170%, and Commercial Roles Outpace Tech

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Based on data from over 38,000 cross-border hires, Multiplier’s Talent Trends reveals the ways companies are fundamentally changing how, where, and why they recruit globally.

NEW YORK, Oct. 27, 2026 /PRNewswire/ — Multiplier, the Global Exchange for Work, released its Talent Trends data, uncovering major shifts in how organizations build and manage international teams. Based on an analysis of more than 38,000 hires across 2,700+ companies, the data demonstrates that global hiring strategies are increasingly driven by commercial expansion, nearshore market growth, and geographical splits between leadership and operational delivery roles.

The continued volatility of H-1B visas has remained a driving force for global engineering and data hiring. Those positions mark the largest single function at 25% of all hires through Multiplier. Sales and customer support roles, however, saw the fastest acceleration over the past year. Sales hiring grew 108%, and customer support grew 59%, significantly outpacing overall hiring through Multiplier (53%) and engineering and data roles, which grew 34%.

“As work goes global, decisions can no longer rely on blind instinct or outdated surveys,” said Sagar Khatri, Co-Founder and CEO of Multiplier. “Talent Trends leverages real contracts and real wages from Multiplier’s Global Exchange for Work to show what work is worth, where talent runs deep, and where it’s heading. The data is cleaned rigorously, broken down by country, role, seniority and industry, and refreshed every quarter. It shows the market as it is today, not as it was a year ago, which provides HR leaders, finance teams, and global talent the real intelligence needed to make confident, evidence-based moves.”

Key Insights from the Talent Trends data:

International Leadership Roles are Rising: Director-level or above hires grew 84% in the 12 months to June 2026, faster than hiring overall through Multiplier (53%). Leadership roles make up 29% of hires in the UK and 26% in Singapore.Commercial Roles Outpacing Technical Hiring: Sales is now the top hiring function in mature international markets, including Germany (26%), Australia (28%), and the UK (22%).The Leadership vs. Delivery Divide: Director-level and executive roles are heavily concentrated in regional hubs: they account for 29% of hires in the UK, 26% in Singapore, and nearly 23% in the US and Canada.Surge in Nearshore and Secondary Growth Markets: Nearshore corridors experienced exponential growth, led by Canada (+302%) and Colombia (+210%) in the 12 months to June 2026, driven largely by US companies. US-to-Canada hiring also expanded 170% year-over-year in Q2 2026, becoming the single largest cross-border hiring corridor through Multiplier.Prevalence of USD Pay for Contractors: Contractors are paid differently from Employer of Record (EOR) employees. In Brazil, 75% of contractors and freelancers receive pay in USD, while 100% of EOR employees are paid in other currencies.Backfill vs. Net New Growth: Replacement hiring varies more than tenfold across borders. Nearly a quarter of hires in India and 20% in the Philippines replace departing employees, compared to just 7% in the US and 2% in Canada.Localized Hiring Calendars: Peak hiring seasons vary significantly by geography. Onboarding peaks in April in Australia (16% of starts), whereas January is the busiest month for China (18%), Spain (15%), and Germany (13%).

Talent Trends draws on more than 38,000 hires through Multiplier’s Global Exchange for Work, covering 24 months ending in June 2026. It covers Employer of Record (EOR) employees, contractors and freelancers. Every figure rests on at least 50 hires, and figures where a single customer makes up more than 35% of the data were omitted, with a few exceptions marked as indicative.

To explore the Talent Trends tool and explore detailed profiles for 20 key global hiring markets, visit https://www.usemultiplier.com/talent-trends.

About Multiplier

Multiplier is the Global Exchange for Work, precision-built for companies to hire, manage, and pay global teams across more than 160 countries. By combining Employer of Record, COR, and Global Payroll, with a vast network of owned entities and human-first support, Multiplier empowers companies of all sizes to expand globally with confidence. Since 2020, the global-first infrastructure has processed over $1.81 billion in cross-border wages, reshaping the global economy and the future of work. 

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SOURCE Multiplier

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The Digimon Card Game Heads to the Digital World in DIGIMON ALYSION! Pre-Register Today!!

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Pre-registration for the mobile version of the popular card game begins today in 49 countries and regions!

LOS ANGELES, Oct. 27, 2026 /PRNewswire/ — After years of building a thriving and competitive community of Digimon Tamers, BANDAI CO., LTD. is thrilled to share that the Digimon Card Game is making the jump to mobile platforms with DIGIMON ALYSION! Pre-registration for this mobile title is now available to all curious Digi-Destined in 49 countries and regions across the globe!

Pre-Register for DIGIMON ALYSION: HERE

Taking place in the world of the DIGIMON LIBERATOR webcomic and light novel, which are both available to read for free on the Digimon Card Game official website, DIGIMON ALYSION is set to expand the card game through the inclusion of exclusive new cards, as well as the lore of the extended Digimon universe with a new Story Mode!

In DIGIMON ALYSION’s Story Mode, players follow along as card game newcomer Kanata Hondo learns the rules and systems of the Digimon Card Game with support from her best friend Futre, and plays card battles by following the in-game guide. Beyond helping new players learn how to play the Digimon Card Game, the Story Mode will also feature performances from famed voice actors who are bringing these characters to life. This cast of characters and performers will include:

Kanata Hondo voiced by Shu UchidaAn energetic, upbeat casual gamer who has played games of all kinds but is new to card games.Futre voiced by Hikari KubotaA girl who games with Kanata. They have never met in real life, but they are so close that each considers the other a best friend.Valner Dragnogh voiced by Fairouz AiA girl who is the guild master of [Di:WO], the guild Futre once belonged to.Renamon voiced by Miyuki SawashiroValner’s partner Digimon. Renamon rarely shows emotion, but is always looking out for Valner.Aliol voiced by Ayumu MuraseThe guide for DIGIMON LIBERATOR, a near-future full-dive game.

With deep gameplay that supports a wide variety of viable decks, plus battle and strategy design built for competitive play such as ranked matches and tournaments, the game delivers a full-fledged TCG experience that card game fans and Digimon fans alike are sure to love!

Game Info:

Title: DIGIMON ALYSION
Genre: Online card game
Developer/Operator: BANDAI CO., LTD.
Platforms: App Store / Google Play (iOS / Android)
System Languages: Japanese, English, Simplified Chinese, Traditional Chinese, Korean
Card Languages: Japanese, English, Simplified Chinese, Korean
Price: Free-to-play (in-app purchases)
Pre-registration start: Tuesday, October 27, 2026
Official release: Planned for 2026

Related Links:

Official website: https://www.digimon-alysion.com
Official X: https://x.com/DIGIMON_ALYSION
Official Facebook: https://www.facebook.com/people/Digimon-Alysion/61573960307458/
Official Instagram: https://www.instagram.com/digimon_alysion
Digimon Card Game Official YouTube: https://www.youtube.com/@digimontcgen
Read Digimon Liberator: https://digimoncard.com/digimon_liberator/en/
App Store / Google Play: https://app.adjust.com/25feumqt

Company and Copyright Info: 
Company Profile: BANDAI CO., LTD.
Website: https://www.bandai.com/ 

Please include the following copyright information for all images, videos, and all other assets sourced from DIGIMON ALYSION:
©Akiyoshi Hongo, Toei Animation ©BANDAI

Additional Assets: HERE

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SOURCE BANDAI CO., LTD.

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The Ad Council Welcomes 23 New Members to Its Board of Directors

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Meta’s Nicola Mendelsohn Elevated to Vice Chair

NEW YORK, Oct. 28, 2026 /PRNewswire/ — The Ad Council, America’s leader in leveraging the power of communications to inspire action and accelerate change around the nation’s most pressing issues elected 23 new members to its Board of Directors at its biannual Board meeting yesterday. Along with welcoming a new group of leading marketing, media and business executives, the nonprofit organization elevated Nicola Mendelsohn, Head of Global Business Group, Meta, to the role of Vice Chair. Mendelsohn joined the Ad Council Board of Directors in 2023, and the Executive Committee in 2024.

Chaired by Kirk McDonald, CEO of Sundial Media & Technology Group, the Ad Council’s Board of Directors offers critical strategic and financial support fueling the organization’s mission to address the leading issues facing people in the U.S., including firearm injury prevention, mental health and more.

“We are thrilled to welcome these exceptional leaders to the Ad Council’s Board of Directors. Each brings an incredible depth of experience, fresh perspective, and a genuine commitment to our mission. I’m excited for the ideas and energy they’ll bring as we work together to tackle some of our nation’s most pressing challenges and create meaningful, lasting impact,” said Ad Council President and CEO Lisa Sherman.

“The Ad Council is proof of what our industry can do at its best: when creativity, media and technology come together in service of something bigger,” said Nicola Mendelsohn, incoming Vice Chair of the Ad Council Board of Directors. “I’m honored to step into this role and to work alongside such talented leaders across the industry to accelerate that impact in the years ahead.”

New members of the Ad Council Board of Directors include:  

Mindy Barry, CMO, Mars Pet Nutrition North America, MarsLinda Boff, President, Forbes CMO Network, ForbesDevika Bulchandani, Chief Operating Officer, WPPJames Cadwallader, Co-Founder & CEO, ProfoundRobin Callif, Chief Communications and Marketing Officer, Omnicom Public RelationsLindsay Franke, Group President & Deputy CEO – North America, IpsosLiza Heller, Sector Director, CPG, U.S., TikTokAlexander Jutkowitz, Partner, Head of Advisory, United Talent AgencyAshan Khan, Head of Global Agency Partnerships, Uber Advertising, UberJohn Kozack, President, U.S. Advertising Sales and Marketing, TelevisaUnivisionCasey DePalma McCartney, Senior Vice President, Communications & Corporate Affairs, Unilever North AmericaAdrian Mulryan, VP, Global Agency & Strategic Accounts, Snap Inc.Peter Naylor, Chief Client Officer, NielsenKristen O’Hara, VP, Global Agency Platforms & Client Solutions, GoogleTim Perzyk, VP, Marketing & Marketing Science, Microsoft AdvertisingMegan Ramm, Global Chief Revenue Officer, PubMaticHoward Reid, SVP, Corporate Brand & Purpose, Johnson & JohnsonMaggie Reznikoff, Chief Client Officer, Open InfluenceHayley Romer, Managing Director, US Advertising Sales, Bloomberg MediaAlex Underwood, Managing Director, North America, TeadsAshley Walters, Chief Marketing Officer, Partner, CuriosityJennifer Warren, VP, Global Brand Marketing and Experience, IndeedLin-Hua Wu, EVP, Chief Marketing and Communications Officer, General Motors

A complete list of the Ad Council Board of Directors is available on the organization’s website, AdCouncil.org. 

About the Ad Council
The Ad Council convenes creative storytellers to educate, unite and uplift audiences by opening hearts, inspiring action and accelerating change. For more than 80 years, the nonprofit organization and its partners in advertising, media, marketing and tech have been behind some of the country’s most iconic social impact campaigns – Smokey Bear, Friends Don’t Let Friends
Drive Drunk, Tear the Paper Ceiling and many more. 

To learn more or get involved, visit AdCouncil.org, join the Ad Council’s communities on Facebook, Instagram and LinkedIn, and view campaign creative on YouTube. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-ad-council-welcomes-23-new-members-to-its-board-of-directors-302921414.html

SOURCE The Ad Council

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