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Spirit AeroSystems | February 25, 2021
Soul AeroSystems, Boeing's biggest supplier, has finished a warehouse combination effort years in the making at its Wichita, Kansas, campus, CEO Tom Gentile said on the company's income call Tuesday. The new Global Digital Logistics Center brings what was 500,000 square feet of warehouse space into a seven-story 150,000-square-foot facility, Gentile said. "We have leveraged technology, similar to what other world-class distribution centers use, which tr...
Procurement and Sourcing,Transportation
Ritchie Bros. | January 16, 2023
Ritchie Bros. announced the purchase of a controlling stake in VeriTread, a market leader in transportation technology and services. This purchase will advance the marketplace strategy of Ritchie Bros., which integrates services, data, and transaction solutions to enhance the entire customer experience. VeriTread was established in 2013, bringing a legacy of expertise in constructing heavy-haul transportation platforms and solutions for industrial equipment, cars, and other asse...
UPS | February 25, 2020
UPS is set to expand its facilities at the Memphis International Airport in Tennessee, a $216 million project the Airport Authority greenlighted late last week, according to multiple reports. The expansion, which marks the sixth amendment in the 23-year-old lease agreement, adds 1.1 million square feet of land to the 5.9 million square feet it already leases from the airport. UPS will reportedly use the space for facility support and trailer parking. The Memphis expansion follows UPS' announ...
Supply Chain,Transportation
MxD And Anark Corporation | December 06, 2022
The Digital Manufacturing Institute (MxD) has selected Anark to demonstrate a visionary solution for supplier collaboration. This project seeks to modernize acquisition and supply chain activities to improve acquisition and production lead times for the Defense Logistics Agency (DLA). Additional objectives include improved decision traceability, synchronized version control, and a standard communication framework across sourcing activities. While file based Technical Data Packages...
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