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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...
Business Insider | March 05, 2020
Big tech companies - specifically Google-parent Alphabet, Apple, and Amazon - have their eyes set on the transportation space, which is undergoing a rapid transformation. Across the globe, legacy transportation firms are contending with forces that are reducing the appeal of traditional gas-powered vehicles, including the rise of mobility companies like Uber and Lime, regulatory pushes for cleaner vehicles, and consumer demands for a more streamlined, digital in-car experience. These forces have...
DRMP, Inc. | May 05, 2022
DRMP, Inc. (DRMP) announced a strategic partnership with Trilon Group (Trilon), a family of infrastructure consulting businesses, that will provide additional capital and resources to support its strategic expansion as well as growth opportunities to support employees as it continues to focus on delivering quality services to its clients. Within Trilon, DRMP will help lead the growth strategy for its National Transportation platform while continuing to build its array of services across it...
FleetOps | April 01, 2022
FleetOps, North America's fastest-growing capacity aggregation and freight matching platform built exclusively for brokers and third-party logistics, is excited to announce its most recent integration with Turvo, provider of the world's leading collaboration application designed for the supply chain. Turvo connects people, systems and organizations allowing shippers, logistics providers, and carriers to unite their supply chains, deliver outstanding customer experiences, collaborate in r...
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