Kapsch TrafficCom North America

Maersk | February 20, 2020

Maersk is acquiring Performance Team, a U.S.-based warehousing and distribution company, in a $545 million deal, according to a press release on Wednesday. Performance Team currently operates 24 warehousing sites, encompassing 800,000 square meters, and specializes in B2B and B2C e-commerce, retail and wholesale distribution. The transaction is expected to close Apr. 1. The acquisition will more than double Maersk's warehousing and distribution footprint, which sits at 22 sites covering 563,...

Ivalua | March 31, 2020

Ivalua, a leading provider of global spend management cloud solutions, has announced the latest findings of a worldwide study of supply chain, procurement and finance business leaders on Effective Procurement Performance Measurement. The study revealed the challenges procurement teams face when it comes to achieving business objectives and the wide and growing gap in performance between advanced and less mature teams. The research, conducted by Forrester Consulting and commissioned by Ivalua, fo...

Supply Chain Dive | January 31, 2020

The World Health Organization (WHO) declared coronavirus a Public Health Emergency of International Concern Thursday but did not impose any restrictions on the movement of people or goods, saying it could make the situation worse. "[I]n general, evidence has shown that restricting the movement of people and goods during public health emergencies may be ineffective and may divert resources from other interventions," WHO said in a statement on the decision. "Further, restrictions ma...

Software and Technology

Achilles, Orpheus Cyber | May 19, 2021

Achilles Information, a global leader and preferred partner for supply chain risk and performance management, has announced a partnership with Orpheus, a UK Government-approved cyber threat intelligence firm. Below are some of the highlights of the pilot scheme: • Achilles will have cyber risk ratings on suppliers in collaboration with Orpheus and will share these ratings with Achilles network buyers and suppliers. • Supplie...