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Software and Technology, Logistics
Artificial Intelligence Technology Solutions, Inc., | July 16, 2022
Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 5 security robots from a top ranked global logistics company. The order is valued in the low six figures, plus recurring revenue after a set period. Although not named due to confidentiality agreements, the Company indicated that the end-user, an existing client, is a global leader in supply chain management & thir...
Neovia Logistics | November 02, 2022
Neovia Logistics, a global supplier of logistics services, announced the successful completion of its comprehensive business recapitalization and significant deleveraging of the company’s balance sheet.With the recapitalization complete, Neovia reduced its debt by approximately $420 million and received approximately $60 million of combined cash infusion and future commitment to support attractive growth opportunities from an investor group led by funds managed by Oaktree Capital Managemen...
Schneider Electric | November 11, 2020
Schneider Electric, the pioneer in the advanced change of energy the board and robotization, today declared an extra $40 million venture towards modernizing its U.S fabricating plants in Iowa, Kentucky, Nebraska, and Texas. The monies will go towards creative advances and new creation lines that will help increment Schneider Electric's ability of activities in the U.S. for its clients, just as further build up its nearby labor force.
Coronavirus put a focus on the basic weakne...
Uber Freight | May 11, 2020
The newly formed business-management platform CloudTrucks has teamed up with Uber Freight and Ryder System's rental arm, Coop, to help Uber drivers "break into the freight industry and keep essential goods moving across the country," CloudTrucks announced Tuesday."Uber Freight has found that many rideshare drivers on the Uber platform have valid CDLs and would like to return to or join the trucking industry," an Uber Freight spokesperson told Transport Dive in an em...
Procurement and Sourcing
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