GWC | Official

Transportation

Business Wire | October 30, 2023

UPS announced today that it has entered into an agreement to acquire Happy Returns from PayPal (NASDAQ: PYPL). Happy Returns is a U.S.-based software and reverse logistics company that enables frictionless, no-box, no-label returns for merchants and consumers. “We know that returns have long frustrated shoppers and retailers looking for quick and easy solutions,”...

DHL | August 14, 2020

DHL is deploying an AI-based software called IDEA in some of its warehouse locations to improve pick routing and staff utilization, the company announced Wednesday.The tool clusters orders "logically," optimizes picking routes and distributes workload among warehouse staff, according to Dietmar Steins, EVP of solutions design at DHL Supply Chain. The software "help[s] prioritize more time-critical shipments," Steins said in a statement.In its first deployments, th...

Freight

Sembcorp Marine Ltd | March 06, 2023

Chevron Corporation, through Chevron Shipping Company LLC, its subsidiary, has recently announced an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, a wholly-owned subsidiary of Sembcorp Marine Ltd. The partnership will help to reduce the carbon intensity of its LNG fleet operations. Chevron will install the latest technologies aboard Chevron vessels, with the assistance of Sembcorp Marine, to support their energy transition goals under the agreement. Changes are also consi...

Financial Post | February 26, 2020

Decades of globalization have created supply chains so deeply interconnected that a shock event like the coronavirus is now harder to control and could have a dramatic ripple effect on global commerce, economists are warning. “We tend to think about the economy as countries selling to countries. But the reality of business today is that companies get their parts from other companies, and sell to consumers or again to other companies, through a network of complex, deeply integrated global s...