Armlogi Embraces Sustainability with Participation in California’s Low Carbon Fuel Standard Program
August 01 2024 - 8:00AM
Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC),
a U.S.-based warehousing and logistics service provider that offers
a comprehensive package of supply-chain solutions related to
warehouse management and order fulfillment, today announces its
participation in the Low Carbon Fuel Standard (LCFS) regulatory
program administered by the California Air Resources Board. This
initiative is part of Armlogi’s ongoing commitment to
sustainability and environmental stewardship.
As part of the LCFS program, Armlogi has
incorporated a fleet of electric forklifts across its California
warehouse operations, to enhance energy efficiency and reduce
greenhouse gas emissions. The use of electric forklifts is in
support of California’s environmental goals and aligns with
Armlogi’s strategy to promote cleaner, more sustainable operations
throughout its logistical chain.
Armlogi’s participation in the LCFS program is
in furtherance of Armlogi’s commitment to embracing renewable
energy technologies and underscores the Company’s role as a
forward-thinking organization that prioritizes sustainability in
its operations. The electric forklift fleet has enabled Armlogi to
qualify for monthly energy rebates, providing an economic incentive
to continue scaling up its sustainability efforts. These rebates
are a direct result of the Company’s reduced carbon output and
proactive steps toward a lower carbon footprint.
“We are thrilled to be part of the LCFS
program,” said Aidy Chou, Chairman and CEO of Armlogi. “It reflects
our dedication to environmental responsibility and our commitment
to adopting innovative practices that benefit our planet. By
integrating electric forklifts into our daily operations, we are
enhancing our operational efficiency and contributing to a
sustainable future. This initiative is a win for our Company,
community, and the environment.”
About Armlogi Holding Corp.
Armlogi Holding Corp., based in Walnut, CA, is a
fast-growing U.S.-based warehousing and logistics service provider
that offers a comprehensive package of supply-chain solutions
relating to warehouse management and order fulfillment. The Company
caters to cross-border e-commerce merchants looking to establish
overseas warehouses in the U.S. market. With twelve warehouses
covering over two million square feet, the Company offers
comprehensive one-stop warehousing and logistics services. The
Company’s warehouses are equipped with facilities and technology
for handling and storing large and bulky items. For more
information, please visit
www.armlogi.com.
Safe Harbor Statement
This press release contains forward-looking
statements. In addition, from time to time, we or our
representatives may make forward-looking statements orally or in
writing. We base these forward-looking statements on our
expectations and projections about future events, which we derive
from the information currently available to us. Such
forward-looking statements relate to future events or our future
performance, including: our financial performance and projections;
our growth in revenue and earnings; and our business prospects and
opportunities. You can identify forward-looking statements by those
that are not historical in nature, particularly those that use
terminology such as “may,” “should,” “expects,” “anticipates,”
“contemplates,” “estimates,” “intends,” “believes,” “plans,”
“projected,” “predicts,” “potential,” or “hopes” or the negative of
these or similar terms. In evaluating these forward-looking
statements, you should consider various factors, including: our
ability to change the direction of the Company; our ability to keep
pace with new technology and changing market needs; and the
competitive environment of our business. These and other factors
may cause our actual results to differ materially from any
forward-looking statement. Forward-looking statements are only
predictions. We are not obligated to publicly update or revise any
forward-looking statement, whether as a result of uncertainties and
assumptions. The forward-looking events discussed in this press
release and other statements made from time to time by us or our
representatives, may not occur, and actual events and results may
differ materially and are subject to risks, uncertainties, and
assumptions about us.
Company Contact:info@armlogi.com
Investor Relations Contact:Matthew Abenante,
IRCPresidentStrategic Investor Relations, LLCTel:
347-947-2093Email: matthew@strategic-ir.com
- Armlogi’s Fleet of Electric Forklifts
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