FedEx Joins Forces with Reliable Robotics on Autonomous Cargo Planes

FedEx | September 28, 2020

FedEx is working with Reliable Robotics to pilot the use of an unmanned single-engine aircraft for cargo delivery, CEO Fred Smith said during the annual stockholder meeting Monday. "This initiative deals with smaller turboprop airplanes and in this case the single-engine C208, which we are looking at putting in very remote and uninhabited areas as part of our network," Smith said. The company does not have plans to replace its current aircraft fleet with autonomous alternatives, he said, adding that the crews should not be worried about the technology "for the foreseeable future — decades, I would say." Last month, Reliable Robotics completed test flights of two remote-piloted aircraft models, according to a press release from the company. "In the first flight, the pilot pressed a button on a remote user interface and the unmanned four passenger Cessna 172 Skyhawk (C172) automatically taxied, took off, and landed," the company said in its release. "Most recently, the company demonstrated fully automated remote landing of an even larger aircraft, the Cessna 208 Caravan (C208), capable of carrying 14 passengers." FedEx is listed as the registered owner of the Cessna 208 shown in Reliable Robotics' press release, according to Federal Aviation Administration documentation.

Spotlight

Companies worldwide are leveraging supply chain management to create and maintain a strategic competitive advantage. This trend, in turn, is fueling a growing demand for supply chain professionals. This course is the first of three in the Supply Chain Management XSeries that is specifically designed to teach the critical skills needed to be successful in this exciting field.

Spotlight

Companies worldwide are leveraging supply chain management to create and maintain a strategic competitive advantage. This trend, in turn, is fueling a growing demand for supply chain professionals. This course is the first of three in the Supply Chain Management XSeries that is specifically designed to teach the critical skills needed to be successful in this exciting field.

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SUPPLY CHAIN

Blume Global now runs logistics operating platform natively on Google Cloud

Blume Global | October 19, 2021

Blume Global, the leading provider of supply chain execution and visibility solutions, is proud to be the first to deliver logistics execution and supply chain visibility solutions completely native to Google Cloud Platform. Customers that use Blume's digital operating platform with Blume Maps can access these solutions from a cloud-native platform. Blume's digital supply chain operating platform with Blume Maps, a digital twin of the supply chain, was born on GCP in 2018. Blume's digital operating platform and solutions are used by some of the largest freight railroads, container steam-ship lines, logistics service providers and shippers in the world to manage and track the movement of freight and transportation assets in more than 130 countries. Blume leverages GCP's services to collect, clean and provide access to high quality and accurate logistics data, enabling Blume's high-value solutions including Blume Maps; international, intermodal and domestic transportation management; transportation asset management; supply chain visibility; order orchestration; and control tower, which were also born on GCP. "Organizations today require solutions that help them manage and optimize their logistics strategies with data. We're pleased that Blume has chosen to run its platform on Google Cloud and provide customers with the solutions they need to succeed." Hans Thalbauer, managing director, Google Cloud Supply Chain. Blume's digital operating platform goes beyond the TMS status quo. Its supply chain digital twin, Blume Maps, is modeled after Google Maps. Consumers use Google's map tool to find locations, generate directions and provide feedback on each journey. With Blume Maps, planning a freight shipment's route, tracking the shipment's progress and ETA, and changing course during the journey if problems arise, is as natural as using Google's navigation app during a family road trip. The solution allows customers to generate accurate lead times, real-time shipment location, and ETAs for road, ocean, air, and railroad. Blume Maps can also provide alternative modes, carriers and routes when shipments are behind schedule, enabling unrivaled supply chain agility. "When considering where we wanted to build Blume Maps, we made a very conscious decision to go with GCP instead of other cloud providers because of their commitment to making a difference in the supply chain space," said Blume Global CEO Pervinder Johar. "At Blume, we're building the digital supply chain operating platform for the next 50 years, and our partnership with Google Cloud Platform has enabled that mission." About Blume Global The supply chain technology provider Blume Global aims to remove $1 trillion of waste from the global supply chain, making logistics processes more agile, dependable and sustainable with innovative logistics execution and visibility solutions. Blume's digital platform goes beyond the transportation management status quo, empowering users to quickly predict the impact of disruptions and react in real time before minor issues become major problems. With one of the most extensive networks among logistics technology providers, Blume Global's direct connectivity to the ocean, air, rail, parcel, LTL and truckload carriers combines with Blume Global's solutions and 27 years of industry data to give customers the intelligence needed to maximize transportation spend, improve customer service and reduce carbon emission.

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SUPPLY CHAIN

Chainalytics and o9 Solutions announce a Strategic Partnership

o9 Solutions, Chainalytics | March 22, 2021

o9 Solutions, a chief AI-driven incorporated planning and operations arrangement supplier, and Chainalytics, a perceived worldwide pioneer in supply chain consulting and analytics, have officially banded together to convey start to finish coordinated planning and operations abilities in Europe. The organization fortifies the situation of the European clients of o9 and Chainalytics in their digital transformation measure. o9 and Chainalytics are as of now supporting clients by exhibiting how to digitize their start to finish planning abilities while giving enormous information analytics to a wide assortment of uses. Together they will keep on growing in conveying these solutions to clients cross-industry in different European geographies. Clients across a wide assortment of ventures internationally as of now profit by o9 Solutions' capacity to execute and convey esteem across complex supply chains. o9's coalition with Chainalytics further hardens o9's European impression and its guarantee to give significant solutions. Chainalytics has trained and confirmed a developing number of workers on o9's foundation to convey projects in a quick and coordinated way. “o9 Solutions and Chainalytics are visionary leaders in their field, supporting customers to drive the digital transformation of integrated planning and operations capabilities and delivering significant value for our customers. These capabilities are a must-have for any company to compete in the digital age of business,” said Chakri Gottemukkala, CEO of o9 Solutions. About o9 Solutions o9 Solutions is the premier AI-powered platform for driving digital transformations of integrated planning and operations capabilities. Whether it is driving demand, aligning demand and supply, or managing P&L, any process can be made faster and smarter with o9’s AI-powered digital solutions. Bringing together technology innovations such as graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, easy-to-use interfaces, and cloud-based delivery into one platform. About Chainalytics For 20 years and counting, Chainalytics has been the leader in data-driven supply chain transformations. Our consultants – some of the brightest minds in supply chain – work side by side with our clients to fulfill this unwavering mission: To maximize the value of supply chains to the enterprise. Using one-of-a-kind tools and approaches like digital assets and managed analytics services, we consistently deliver actionable insights and measurable outcomes to our clients. With locations throughout North America, Europe, and Asia-Pacific, Chainalytics serves companies wherever their business finds them, anywhere on the planet.

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LOGISTICS

Huron Capital's Direct Connect Logistix Expands into Mountain West with Acquisition of Performance Logistics

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 geographic reach. Founded in 2015 and headquartered in Draper, Utah, Performance Logistics is a third-party logistics company that specializes in providing temperature controlled food and beverage transportation services. Performance Logistics' existing management team will remain with the combined company to help lead an expansion plan for regional operations. Terms of the deal were not disclosed. From the start of our discussions with Performance Logistics, we have been impressed by the company's dedication to its customers, its growth capabilities, and its roster of blue-chip food and beverage customers, This acquisition provides us with a presence in the Mountain West for the first time and strengthens our refrigerated and frozen food capabilities. We also expect it will help us expand our customer base and increase market share with existing customers." Richard Piontek, CEO of DCL. Huron Capital invested in Indianapolis, Indiana-based DCL in 2018 to create a new platform in the fragmented third-party logistics industry. DCL primarily serves the food, beverage, and related industries in the South, Midwest, and East Coast and is poised for continued expansion in a growing and dynamic industry. DCL has a unique corporate culture built on hustle, outstanding customer service and efficiency. DCL has continued to experience growth and has established itself as a leader in the sector, The addition of Performance Logistics is a significant next step for DCL and its strategic plan. The acquisition will boost DCL's core services into more national markets with a focus on nondiscretionary, consumer staple, recession resistant customer segments." Huron Capital Partner Matt Lacki. About Huron Capital Founded in Detroit in 1999, Huron Capital is an operationally focused private equity platform with a long history of growing lower middle-market companies through our proprietary ExecFactor® buy-and-build investment model. We prefer complex situations where we can help companies reach their full potential by combining our operational approach, substantial capital base, and transaction experience with seasoned operating executives. An early pioneer of the buy-and-build approach, Huron Capital has successfully established six private equity funds aggregating nearly $2.0 billion in committed capital and invested in over 240 companies, and our portfolio companies have employed over 11,000 people throughout North America. The Huron Capital buy-and-build investment model includes equity recapitalizations, family succession transactions, market-entry strategies, corporate carve-outs, and management buyouts of companies having revenues up to $200 million. Huron Capital invests control equity in fundamentally-sound companies that can benefit from the firm's operational approach to creating value. Huron Capital focuses on niche segments within commercial & industrial services, professional services and the consumer services sectors.

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