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Freight
UPS | January 25, 2021
UPS, has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments. “We’re excited about the future and the opportunities this creates for both UPS and UPS Freight as part of TFI International Inc.,” said UPS Chief Executive Officer Carol Tomé. “The agreement allows UPS to be even more laser-focused on the core parts of our business ...
Software and Technology
GXO Logistics, Inc | December 19, 2022
GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced that it is deploying the BD RowaTM Vmax technology solution in partnership with manufacturer BD (Becton, Dickinson and Company) (NYSE: BDX), providing value-added services, including a fully automated reverse logistics system, for a major telecommunications provider. “We’re excited to partner with BD Rowa to bring its state-of-the-art automati...
Procurement and Sourcing,Supply Chain
Boston Consulting Group | December 12, 2022
Boston Consulting Group (BCG), a global management consultancy, and leading advisor on decarbonization to the maritime industry, and American Bureau of Shipping (ABS), a global leader in providing classification services for marine and offshore companies and assets, have today signed a memorandum of understanding to join their technical and consulting expertise in the maritime and offshore industries, providing joint support to clients’ decarbonization journeys.ABS has deep knowledge of an...
Supply Chain
Ryder System, Inc | September 27, 2023
Ryder System, Inc., a leader in supply chain, dedicated transportation, and fleet management solutions, announces it is named among the Top 10 3PLs in the 2023 Readers’ Choice Excellence Awards by Inbound Logistics for the second consecutive year. Considering nearly 12,500 votes cast by supply chain decision-makers from some of the world’s best-known brands, the Inbound L...
Warehousing and Distribution
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