Freight Logistics Solutions

Blue Yonder, Panasonic | April 26, 2021

Panasonic Corporation announced today the acquisition of Blue Yonder, the leading end-to-end digital fulfillment platform provider. Panasonic will buy the remaining 80% of Blue Yonder's shares (for USD5.6 billion), contributing to the 20% it purchased in July 2020. The added investment, including debt repayment, amounts to USD7.1 billion, valuing Blue Yonder at USD8.5 billion. Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone signed an agreement tod...

SOFTWARE AND TECHNOLOGY, LOGISTICS

Lineage Logistics, LLC | August 03, 2022

Lineage Logistics, LLC. (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced it has acquired leading New Zealand cold storage business, Cold Storage Nelson Limited (“CSN”). Financial terms of the transaction were not disclosed. “CSN has industry-leading skills in inventory control, compliance and traceability, CSN&r...

PROCUREMENT AND SOURCING,SUPPLY CHAIN

EY | December 01, 2022

Growing recognition of supply chain transparency as a key ESG indicator for businesses and governments, as well as a complex regulatory landscape, is driving a critical need for supply chain due diligence and regulation monitoring tools. Therefore, EY US and Thomson Reuters, a world leader in technology and data solutions, announce an expanded strategic alliance centered around helping drive sustainable growth and achieve compliance. The alliance leverages each organization's capabilities, p...

Coyote Logistics | July 17, 2020

Coyote Logistics said on Wednesday that it is launching dynamic route optimization (DRO), improving weekly routing plans and promising carriers consistent weekly miles, despite recent market volatility, in a range of 2,100-2,700 miles.The machine-learning algorithm is designed to provide fleets with efficiencies and consistency in load deliveries, Coyote officials said. The software will guide drivers to and from home bases by combing over factors such as region, drivers' hours, costs,...