SEKO | January 11, 2021
Ridgemont Equity Partners today reported the majority share recapitalization of SEKO Logistics, a main worldwide third-party logistics ("3PL") supplier. Greenbriar Equity Group, SEKO's greater part investor since 2015, will hold a critical value stake close by SEKO the board. Financial terms of the exchange were not revealed.
Established in 1976, SEKO is a worldwide 3PL platform that use its driving technology-enabled answers for settle complex issues inside its customers' supply chains. SEKO offers esteem added freight forwarding, internet business and omni-channel logistics and white glove administrations to an assorted customer base. The Company works an organization of more than 120 offices in 40 nations to offer exceptionally custom-made administrations with a worldwide reach by means of ground, air and ocean transportation modalities.
“Ridgemont has known SEKO for many years and we have admired what the management team and Greenbriar have accomplished together,” said Rob Edwards and Tim Dillon in a joint statement on behalf of Ridgemont. “SEKO is a fantastic business – the Company has a globally diverse operation with a difficult-to-replicate footprint and a remarkable high-touch service offering. We are excited to continue growing the Company by expanding its global reach, broadening its unique capabilities and enhancing its strategic partner network.”
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.
Blue Yonder | July 30, 2021
One of Australia's top online retailers, Catch.com.au, has selected Blue Yonder's cloud-based warehouse management system (WMS) and labor management solution to serve its high-volume e-commerce business. Open Sky Group, a Blue Yonder WMS implementation partner, will assist with the design, setup, and deployment of both solutions.
Catch.com.au has been serving Australia through a single fulfillment center in Victoria since 2006, and now, owing to increased Australian e-commerce demand, a second fulfillment center is set to open in Sydney in Q1 2022. The new fulfillment center is part of Catch's long-term customer-first strategy. It will allow the company to serve customers more swiftly and effectively, enabling customers to get the products they need when they need them across Australia.
Because of the increased e-commerce demand, its current WMS can no longer meet its changing business requirements. As a result, Catch.com.au sought a long-term strategic supply chain partner to integrate all aspects of its warehouse operations to satisfy the dynamic, high-growth e-commerce market.
Catch.com.au will be able to: by implementing Blue Yonder, Catch.com.au will be able to:
Improve customer service by making warehouse operations more efficient and agile.
Provide solutions that would deliver stability and scalability to support future growth.
Reduce the cost of serving, enabling cheaper pricing and quick delivery to customers.
Improve employee engagement and performance.
With real-time transaction processing, improved storage and selection strategies, and integrated labor management, Blue Yonder's Luminate Platform, powered by Microsoft Azure, provides the WMS that will drive transformation for Catch.com.au. As a result, Catch.com.au will develop a standard methodology for employees to perform their tasks more efficiently and operations to reduce costs, enhance throughput, and increase productivity.
About Catch Group
The Catch Group, founded in 2006, is a leading Australian e-commerce group that owns and manages brands such as Catch.com.au, Catch.co.nz, and Catch Essentials. The Group has established a reputation as a great place to shop for the best brands and daily necessities at unbeatable prices. Wesfarmers owns Catch Group, which works with leading Australian retailers Kmart Australia and Target Australia in the Kmart Group.
About Blue Yonder
Blue Yonder is the world's leading provider of digital supply chain and omnichannel commerce fulfillment. Our intelligent, end-to-end platform allows retailers, manufacturers, and logistics providers to predict, pivot, and satisfy customer demand in real-time. As a result, you can use Blue Yonder to make more automated, profitable company choices that increased revenue and reimagined customer experiences.