Trucking

UPS To Release First-Quarter 2024 Results On Tuesday, April 23, 2024

Retrieved on: 
Tuesday, April 9, 2024
Packaging, Trucking, Supply Chain Management, Logistics, Transport, Manufacturing, Retail, Delivery Services

UPS (NYSE:UPS) will announce its 2024 first-quarter results on April 23, 2024, at approximately 6:00 a.m. Eastern Time.

Key Points: 
  • UPS (NYSE:UPS) will announce its 2024 first-quarter results on April 23, 2024, at approximately 6:00 a.m. Eastern Time.
  • ET, UPS Chief Executive Officer Carol Tomé and Chief Financial Officer Brian Newman will lead an investor conference call to discuss the results.
  • This call will be open to the public via a live webcast.
  • To listen, visit https://www.investors.ups.com and click on “Webcast.” The webcast audio will be accessible on the Investor Relations website for a limited time following the call.

Platform Science Raises $125 Million in Growth Capital

Retrieved on: 
Tuesday, April 9, 2024
Hardware, Technology, Apps, Applications, Other Transport, Trucking, Fleet Management, General Automotive, Transport, Aftermarket, Automotive, Software, Logistics, Supply Chain Management, Networks, Vehicle Technology, Mobile, Wireless, MSD, Growth, Original equipment manufacturer, BDT, PACCAR, Daimler Truck North America, Daimler Truck, Testament, Werner Enterprises, GDP, Ecosystem, API

Platform Science , the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector.

Key Points: 
  • Platform Science , the leading edge application platform for transportation, announced today that it raised $125 million in growth capital to accelerate innovation in the commercial transportation sector.
  • Platform Science also had strong participation from existing investors, including 8VC, NewRoad Capital Partners, and Prologis Ventures, underscoring their commitment to the company’s growth plans.
  • By doing so, we expect innovation to change transportation in the same way smartphones have changed our lives,” said Platform Science co-founder and CEO Jack Kennedy.
  • We look for opportunities that are driving impact at scale, and Platform Science is doing exactly this.

New Index from ASCM and KPMG Finds Supply Chain Stability Improving Despite Ongoing Challenges

Retrieved on: 
Tuesday, April 9, 2024
Supply Chain Management, Trucking, Logistics, Retail, Transport, Automation, KPMG, ASCM, CSCP, Customer, Supply, Outsourcing, CAE, European, KPMG LLP, Digital technology, Instability, CPA, Management

The Association for Supply Chain Management (ASCM) and KPMG LLP today released the latest findings from the KPMG Supply Chain Stability Index, which is designed to help supply chain professionals understand the stability of U.S. operations, and serve as a barometer for the greater global supply chain community.

Key Points: 
  • The Association for Supply Chain Management (ASCM) and KPMG LLP today released the latest findings from the KPMG Supply Chain Stability Index, which is designed to help supply chain professionals understand the stability of U.S. operations, and serve as a barometer for the greater global supply chain community.
  • The Index found that 2023 was a year of tremendous improvement and increased supply chain stability overall, with several variables still driving continued fragility.
  • The KPMG Supply Chain Stability Index, in association with ASCM, suggests a complete return to pre-pandemic normalcy remains unlikely in 2024.
  • "While supply chain challenges do persist, the overall return to increased levels of stability is a testament to the incredible efforts of countless supply chain professionals,” said ASCM CEO Abe Eshkenazi, CSCP, CPA, CAE.

RXO Expands Responsible Care® Certification

Retrieved on: 
Monday, April 8, 2024
Trucking, Manufacturing, Logistics, Supply Chain Management, Transport, Chemicals, Plastics, Health, Certification, Oil, American Chemistry Council, Safety, Responsible Care, EHS, ISO, Lubricant, ACC

RXO (NYSE: RXO), a leading provider of asset-light transportation, announced today it has expanded its Responsible Care® certification from the American Chemistry Council (ACC) to include brokerage operations at its Charlotte, North Carolina, headquarters.

Key Points: 
  • RXO (NYSE: RXO), a leading provider of asset-light transportation, announced today it has expanded its Responsible Care® certification from the American Chemistry Council (ACC) to include brokerage operations at its Charlotte, North Carolina, headquarters.
  • RXO has held a certification for more than 13 years.
  • Certification requires adherence to Responsible Care guiding principles, with assessments and audits ensuring compliance.
  • “RXO has held the Responsible Care certification for more than a decade in our managed transportation business, and we’re proud to expand this certification for our brokerage customers,” said Drew Wilkerson, chief executive officer at RXO.

ESAB Corporation Releases Second Annual Sustainability Report

Retrieved on: 
Monday, April 8, 2024
Chemicals, Plastics, Green Technology, Energy, Sustainability, Manufacturing, Other Transport, Environment, Trucking, Rail, Maritime, Air, Transport, Other Manufacturing, Logistics, Supply Chain Management, Other Energy, Engineering, ESAB, GHG, Carbon, European, Safety, Renewable energy

As it enters its 120th Anniversary, ESAB Corporation (“ESAB” or “the Company”) (NYSE: ESAB), has published its second annual sustainability report, continuing its commitment to sustainable operations and shaping a better world.

Key Points: 
  • As it enters its 120th Anniversary, ESAB Corporation (“ESAB” or “the Company”) (NYSE: ESAB), has published its second annual sustainability report, continuing its commitment to sustainable operations and shaping a better world.
  • As part of shaping a better world, ESAB is raising the bar of the commitments made in its inaugural report with an additional commitment to having 50% of the Company’s global electricity come from renewable energy sources by the year 2030.
  • The report also highlights the Company’s continued commitment to workplace health and safety for all of its 9,000 global associates which resulted in an industry-leading total recordable incident rate of 0.43 in 2023.
  • Progress on our diversity and inclusion journey and efforts towards reflecting the communities and regions we are part of.

Yamaha Motor Company Selects Shippeo to Enhance Global Supply Chain Visibility and Efficiency

Retrieved on: 
Monday, April 8, 2024
Data Management, Automotive, Other Manufacturing, Technology, Other Sports, Other Retail, Engineering, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, General Automotive, Retail, Other Transport, Trucking, Rail, Maritime, Transport, Other Technology, Performance & Special Interest, Motorcycles, Internet, Partnership, SAP, Yamaha Motor Company, Supply, Kuru, Ship, Online shopping

Yamaha Motor Co., Ltd. (Yamaha Japan) and its U.S. subsidiary, Yamaha Motor Corporation, USA (Yamaha USA), today announced a strategic partnership with Shippeo, a leading provider of real-time transportation visibility solutions.

Key Points: 
  • Yamaha Motor Co., Ltd. (Yamaha Japan) and its U.S. subsidiary, Yamaha Motor Corporation, USA (Yamaha USA), today announced a strategic partnership with Shippeo, a leading provider of real-time transportation visibility solutions.
  • Shippeo will provide Yamaha with superior visibility and predictive insights across its entire global supply chain, encompassing ocean, railroad and over the road transportation.
  • “We are truly excited about this new strategic partnership with Shippeo and the benefits that it will most certainly bring to easing our Global Supply Chain challenges, simply from providing more seamless administrative and global visibility, “said Isamu “Sam” Kuru of Yamaha Motor Company Japan’s logistics Division.
  • This will enhance the resilience of Yamaha's global supply chain operations, ensuring enhanced transparency and reliability."

Premier Transportation Appoints Tim Pilato to Co-CEO

Retrieved on: 
Monday, April 8, 2024
Supply Chain Management, Delivery Services, Trucking, Retail, Other Retail, Logistics, Transport, House of Medici, Growth, Premier, Management

Premier Transportation , a leading provider of transportation and logistics services, announced the promotion of Tim Pilato, former president, to the role of Co-CEO alongside Premier's Chairman and CEO, Mike Medici.

Key Points: 
  • Premier Transportation , a leading provider of transportation and logistics services, announced the promotion of Tim Pilato, former president, to the role of Co-CEO alongside Premier's Chairman and CEO, Mike Medici.
  • In this role, Pilato will join Medici in leading Premier Transportation, continuing to set new standards by creating a long-term strategy to drive growth and success.
  • “I am enthusiastic about this new leadership role and the potential growth opportunities we can achieve,” says Tim Pilato, Co-CEO.
  • “Over the years, Premier Transportation has hit remarkable milestones under the leadership of Mike Medici.

New RELEX Study Reveals AI's Untapped Potential: Retail and CPGs Yet to Fully Embrace Technology that Drives Demand Forecasting Accuracy

Retrieved on: 
Monday, April 8, 2024
Technology, Other Retail, Other Transport, Trucking, Rail, Specialty, Transport, Other Technology, Logistics, Supply Chain Management, Software, Retail, Networks, Mobile, Wireless, Data Management, Online Retail, Artificial Intelligence, Uncertainty, Culture, Organization, Agility, Face, Growth, Omnichannel, Social media, AI, Overalls, CPG, Supply, Strategy, Public key certificate, Machine learning, Collaboration

This suggests that companies may be underestimating AI's role in tackling consumer demand volatility.

Key Points: 
  • This suggests that companies may be underestimating AI's role in tackling consumer demand volatility.
  • The RELEX State of Supply Chain 2024: Retail and CPG Dynamics report offers valuable insights into the challenges, strategic investment areas, and opportunities for retailers and CPGs over the next 3-5 years.
  • The RELEX State of Supply Chain 2024: Retail and CPG Dynamics report explores the challenges, strategic investment areas, and opportunities for retailers and CPGs over the next 3-5 years.
  • The report was conducted by Researchscape and surveyed 285 retail, CPG, and wholesale leaders globally in February 2024.

Maniv Announces Third Early-stage Venture Fund of $140m to Accelerate the Decarbonization and Digitization of Global Transportation

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Other Natural Resources, Logistics, Supply Chain Management, Mining, Minerals, Sustainability, Other Automotive, Public Policy, Government, Natural Resources, Other Manufacturing, Fleet Management, Other Defense, Other Energy, Automotive, Manufacturing, Alternative Energy, Energy, Other Transport, Trucking, Transport, Other Technology, Fintech, Defense, Environment, Food, Beverage, Technology, Retail, Business, Other Professional Services, State, Local, Finance, EV, Shell, Bipi Island, GHG, Jaguar Land Rover, General partnership, Circular, Ferrovial, WEX, AI, Insurance, Kolors, Private sector, Enterprise mobility management, BNP Paribas, Investment, Plastic, Atmosphere, Valeo, Movement, Paulo, Toyota, ITT Inc., Silicon, RCI Banque, Renewable energy

Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.

Key Points: 
  • Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.
  • Simultaneously, the market-driven decarbonization of transportation – representing as much as one quarter of global GHG emissions – is at an inflection point.
  • Maniv’s third fund is backed by institutional capital, high-net-worth individuals, and a consortium of industry leaders at the forefront of the transportation sector.
  • “Our third fund builds on two decades in the trenches of the global mobility ecosystem,” said Michael Granoff, the firm’s Managing Partner.

Global Cybersecurity Solutions Provider, eSentire, Launches a New Technology Innovation Center in India

Retrieved on: 
Thursday, April 4, 2024
Networks, University, Technology, Primary, Secondary, Education, Engineering, Manufacturing, Construction & Property, Labor, Building Systems, Health, Public Policy, Government, Restaurant, Bar, Automotive, Public Transport, Supermarket, Security, Lodging, General Health, Travel, Logistics, Supply Chain Management, Retail, Trucking, Legal, Rail, Insurance, Architecture, Human Resources, Finance, Transport, Consulting, General Automotive, Online Retail, Courts, Banking, Luxury, Law Enforcement, Emergency Services, Accounting, Software, Professional Services, Cloud, Automation, SOC, Innovation Center station, XDR, Authority, Compass, Atlas, Intelligence, Research, MDR, Ecosystem

eSentire , Inc., the Authority in Managed Detection and Response (MDR), announced today the opening of its new Technology Innovation Center in India, under the legal entity eSentire India Private Limited.

Key Points: 
  • eSentire , Inc., the Authority in Managed Detection and Response (MDR), announced today the opening of its new Technology Innovation Center in India, under the legal entity eSentire India Private Limited.
  • The Innovation Center will extend eSentire’s global footprint and give eSentire access to a pool of exceptional engineering talent, with expertise in cybersecurity, generative AI and low-code orchestration and automation.
  • “India is a thriving ecosystem of cybersecurity talent, particularly in cloud security and generative AI,” said Dustin Hillard, Chief Technology Officer at eSentire.
  • The opening of eSentire’s Technology Innovation Center in India, follows its celebrated service expansion across the Middle East and demonstrates its commitment to not only hiring locally but continuing to protect businesses in the region with localized, compliant, 24/7 Managed Detection and Response cybersecurity services.