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FreightWaves | January 24, 2020
As technology pours into the logistics industry and illuminates supply chain blind spots, opportunities for efficiency and profit abound. The pharmaceutical industry, for instance, loses at least $15 billion of product each year to temperature deviations that force cargo disposal. When taking additional costs into consideration, such as labor expenses for damage analysis and product replacement, the annual cost spikes to over $35 billion. When coupled with natural disasters like hurricanes, main...
Huron Capital | February 23, 2022
Leading lower-middle-market private equity firm Huron Capital Partners ("Huron Capital") announced today that its third-party transportation and logistics services platform, Direct Connect Logistix ("DCL"), has acquired Performance Logistics, LLC ("Performance Logistics"). The combination of Performance Logistics' refrigerated and frozen food transportation services and large customers in the Mountain West strengthens DCL's capabilities, customer base and ge...
SOFTWARE AND TECHNOLOGY
o9 Solutions | November 08, 2021
o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, today announced its collaboration with Vestas, a world leader in wind technology, to develop its global supply chain planning capabilities by leveraging the o9 Digital Brain platform.
Vestas is the energy industry’s global partner on sustainable energy solutions and an innovator in wind energy design, manufacturing, and installation. The company services wind turbi...
Canadian Pacific Railway Limited | November 26, 2021
Canadian Pacific Railway Limited and Kansas City Southern today announced that the Surface Transportation Board ("STB") has accepted the joint CP-KCS merger application as complete.
We are pleased that the Board has accepted our comprehensive joint application and declared it complete. We look forward to moving forward with a robust regulatory review of this historic combination that will add capacity to the U.S. rail network, create new competitive transpo...
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