o9 Solutions, Inc

Logistics

GEODIS | August 23, 2022

GEODIS, a world leader in transport and logistics, announced that it has signed an agreement to acquire the American company, Need It Now Delivers. The acquisition will enable GEODIS to significantly increase its presence in the United States in the areas of contract logistics and last-mile delivery. The acquisition will also consolidate GEODIS's position as one of the world's ten leading logistics providers. "The acquisition of Need It Now Delivers is a...

Supply Chain Dive | May 28, 2020

The future of last-mile logistics could be a hybrid truck and drone model, but there are significant regulatory barriers keeping it from becoming a reality in the near future, according to a paper published May 16 by Matthias Winkenbach, the director of Massachusetts Institute of Technology 's (MIT) Megacity Logistics Lab, and Farri Gaba, a research assistant at the university.Deploying drones on traditional delivery vehicles would allow parcels to be distributed simultaneously. The dr...

Freight

UPS | January 25, 2021

UPS, has entered into a definitive agreement to sell UPS Freight (UPSF) to TFI International Inc. (NYSE and TSX: TFII) for $800 million, subject to working capital and other adjustments. “We’re excited about the future and the opportunities this creates for both UPS and UPS Freight as part of TFI International Inc.,” said UPS Chief Executive Officer Carol Tomé. “The agreement allows UPS to be even more laser-focused on the core parts of our business ...

Procurement and Sourcing,Management

Princeton TMX, LLC | December 05, 2022

Princeton TMX, LLC ("Princeton TMX") and The Stephens Group, LLC ("The Stephens Group") announced that they have completed a significant strategic transaction designed to accelerate the value Princeton TMX delivers to industrial shippers. Fort Wayne-based Princeton TMX leverages modern cloud infrastructure, profiled business rules, process automation and artificial intelligence (optimization) to tailor solutions that meet the specific needs of industrial ...