Scan Shipping

Nike | March 25, 2020

Shifting to a digital-first distribution strategy, "daily global demand and supply optimization" and tight cost management are major tenets of what Nike executives called their "coronavirus playbook" on a Tuesday earnings call. "Our measures of success in the near-term will be rooted in the amount of inventory on hand relative to the pace of digital demand, store re-openings and traffic patterns," CFO Andy Campion said. Nike saw gross margin decline 80 basis points ...

Logistics

XPO Logistics, Inc. | July 14, 2022

XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services,announced that a new company identity has been created in connection with the planned spin-off of its tech-enabled brokerage platform. The spin-off is named RXO to reflect the company’s commitment to provide reliability multiplied by outperformance. RXO will go to market with the tagline “Massive capacity. Cutting-edge technology.” XPO unveiled the new company’s identity ...

Software and Technology, Freight

Körber | July 25, 2022

Körber has signed a definitive agreement to purchase enVista's Enspire Commerce™ platform and its Freight Audit and Payment (FAP) service. enVista's capabilities expand Körber's portfolio to enable businesses to deliver upon ever-increasing consumer expectations in today's highly competitive omnichannel landscape. Meeting today's consumer expectations requires digitization and integrated processes from order capture through to final delivery. Wi...

Transportation

Cummins Inc | September 23, 2022

Cummins Inc. (NYSE: CMI) is showcasing its platform of zero-emissions technologies this week at the IAA Transportation show, the world's largest mobility show, in Hannover, Germany. A range of new Cummins technologies and the recently acquired Meritor ePowertrain technologies are available publicly together for the first time. With over a century of experience as a global power leader, Cummins is solidifying its commitment to providing comprehensive zero-emissions technology on a global scal...