Home > News > Latest > Arrive Logistics Acquires Cross-Border Business from Forager

Logistics

Arrive Logistics Acquires Cross-Border Business from Forager

Arrive_Logistics_Acquires

Arrive Logistics, a multimodal transportation and technology company, announced today that it has acquired Forager Group's cross-border business and proprietary platform. The acquisition enables Arrive to strengthen its cross-border services and technology offerings in Canada and Mexico, further executing the company's strategy to expand its service portfolio.

Forager Group's team of cross-border specialists and industry leading technology are excellent additions to our business, By integrating Forager's cross-border platform into our transportation management system, Arrive can continue to deliver and expand services to Forager's customers while providing new capabilities to our existing partners. Through the network, expertise, and technology of both organizations, Arrive will scale our cross-border footprint into an industry leader."

Matt Pyatt, Founder and CEO of Arrive Logistics.

This acquisition will equip Arrive to deliver better visibility into cross-border shipping, leveraging purpose-built technology to generate value and provide a one-stop-shop freight experience. Increases in cross-border trade, in-sourcing and near-sourcing are expected to continue to rise over the next five years which point to a growing need for these specialized capabilities within the logistics space.

Arrive Logistics provides the scale and capital needed to grow Forager's existing cross-border business, We look forward to continuing to support Forager's customers leveraging Arrive's team and technology. Arrive is one of the industry leaders in domestic truckload, and our shared philosophy in company culture and how we prioritize ease of doing business for our partners made this acquisition a natural fit."

Matt Silver, founder and CEO of Forager Group, Inc.

The new capabilities further strengthen Arrive's leadership position as a fast-growing transportation company while fulfilling the company's goal of expanding its breadth of services and driving strong growth.

About Arrive Logistics
Arrive Logistics is a leading multimodal transportation and technology company delivering unparalleled service and custom strategic solutions. With over 1,500 employees, 4,000 customers, and 50,000 carriers in its network, Arrive is one of the largest firms in the 3PL industry, having surpassed $1.6 billion in 2021 revenue. The company has been recognized as a top workplace in Austin by Built in Austin and The Austin Statesman and in Chicago by The Chicago Tribune.

Spotlight

Other News

Supply Chain

Noodle.ai Announces Patent-Pending Technology for Generative Supply Chain Planning

PR Newswire | October 04, 2023

Last week, Noodle.ai, the leader in Supply Chain A.I., had its patent application filed for the core GPP technology underlying its new Generative Supply Chain Planning. The technology, which is probabilistic in nature, has the ability to drive dramatic increases in supply chain profitability and dramatic decreases in supply chain waste. "We are convinced the GPP technology will mark a key milestone in the transition to a future of Generative Planning." said Stephen Pratt, Founder & CEO of Noodle.ai. "This is a once in a generation breakthrough to make material improvements in global supply chain efficiency and waste reduction." Why is Generative Planning Revolutionary? Traditional planning solutions have struggled to keep pace with the complexities and uncertainties of modern global supply chains. The existing deterministic approaches usually lead to sub-optimal, and often infeasible, plans. These plans are created by decades old stagnating technologies which create an imbalance between supply and demand, lower profits, and huge amounts of waste because remedial actions are often required to satisfy demand. "This technology further grows our competitive advantage over other supply chain alternatives," said Mahriah Alf, Noodle.ai Chief Product Officer. "Generative Planning builds on the Probabilistic System of Intelligence currently driving our products and is a quantum leap forward." Noodle.ai Generative Planning optimizes entire supply chains simultaneously through Large Graph Models (LGM) that continually learn and improve. Hyung-il Ahn, Noodle.ai, Chief AI Scientist, says "Noodle.ai's Generative Planning incorporates cutting-edge generative AI technologies—such as attention-based graph neural networks (GNN), offline deep reinforcement learning (Offline RL), and probabilistic policy simulations. This potent combination generates dynamic supply action plans that are both feasible and network-wide optimized and consider time-varying supply chain objectives and probabilistic factors like demand, lead time, and production variabilities." Generative Planning Results Noodle.ai Generative Planning has shown extraordinary promise when tested using historical data from a North America-based consumer goods company with a complex supply chain network. Generative Planning simultaneously increased revenue and decreased costs by reducing out of stocks and lost sales by 75% and reducing excess stock by 20% with a corresponding inventory holding cost impact. A Generative AI Solution that adapts to your ever-changing Business Objectives Generative Planning can adapt to different corporate objectives, whether they are maximizing profits, service levels, minimizing risk, cost containment, or other metrics. By employing generative policy models trained on real-world network transition data, Generative Planning performs probabilistic simulations to create optimal supply plans that are tailoring to your corporate objectives and resilient to the uncertainties of today's global supply chains. Availability Generative Planning data science and data flow development are complete, and the broader application is being productized to ensure it meets Noodle.ai high standards of availability, security, scalability, and ease of use. Noodle.ai Generative Planning will be available to initial customers in Q1 of 2024 with an initial focus on demand and finished-goods distribution. About Noodle.ai Noodle.ai is currently a probabilistic system of intelligence that supercharges your current planning and transaction systems with the power of probabilities. Unlike traditional systems that rely on fixed rules and simplified assumptions, Noodle.ai uses cutting-edge AI/ML technology to conquer variability and improve your decision-making process. With risk-adjusted recommendations and automated workflows, you'll achieve unprecedented productivity, service levels, and cost savings in your supply chain. With the productization of this patent-pending technology Noodle.ai will become a Generative System of Planning that allows customers to reduce the cost and improve the quality of their supply chain planning by replacing outdated systems.

Supply Chain

project44’s Ocean Visibility to Boost Yamaha's Supply Chain Resiliency

project44 | September 07, 2023

project44, a leading end-to-end supply chain visibility platform, has announced that Yamaha Corporation, a leading musical instrument manufacturer and audio equipment maker, deploys project44's Ocean Visibility and Port Intel solutions. This installation will improve global shipment visibility, optimize transportation control and strengthen supply chain resilience. Yamaha selected project44's Ocean Visibility and Port Intel solutions due to its ability to provide global shipment status visualization, highly accurate estimated time of arrival (ETA) data, and facilitate more informed and timely decisions and actions. The company ships nearly 15,000 containers to ports around the globe annually. In addition, Yamaha's supply chain resiliency initiative comprehensively evaluated solutions to enhance transportation control between its production factories and distributors. Yuji Kuwahara, project44's General Manager and VP of Sales (Japan) said, The supply chain disruptions over the past few years have given shippers an opportunity to reconsider the importance of flexibility in their logistics strategy and operation. [Source – Cision PR Newswire] project44's supply chain visibility platform dramatically improves data quality and visibility across all associated teams. Yuji added, the company believes that project44 will help Yamaha with collaborative planning and exception management, resulting in more satisfied Yamaha customers.

Supply Chain

Kinaxis Welcomes ProvisionAI to Global Partner Network

Business Wire | October 27, 2023

ProvisionAI, the only provider of a patented, optimized replenishment transportation scheduling solution, has joined the Kinaxis solution extension partner program. Through this partnership, joint customers can now extend the visibility and agility gained from the Kinaxis RapidResponse® platform, and its patented concurrent technique, into their transportation scheduling needs; in effect, eliminating latency and siloes. “The combination of RapidResponse and LevelLoad from ProvisionAI means customers can combine data from their whole network with their transportation data in real time,” said Tom Moore, CEO and founder at ProvisionAI. “By understanding real-time constraints from other parts of the supply chain, customers can create the most up-to-date replenishment transportation schedule that also takes into account lane carrier costs, warehouse capacities and inventory availability. It’s a game changer in supply chain management.” Kinaxis and ProvisionAI already share several high-profile global customers including Unilever, Diageo, Baxter and Kimberly-Clark. “Our solution extension partners are vital in the Kinaxis ecosystem, bringing unique and specialized capabilities to our customers,” said Conrad Mandala, senior vice president global partner organization at Kinaxis. “We are thrilled to welcome ProvisionAI to our global partner program and very excited to about what we’ll accomplish together.” About Kinaxis Kinaxis is the global leader in modern supply chain management. We serve supply chains and the people who manage them in service of humanity. Our software is trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. We combine our patented concurrency technique with a human-centered approach to AI to empower businesses of all sizes to orchestrate their end-to-end supply chain network, from multi-year strategic planning through down-to-the-second execution and last-mile delivery. For more news and information, please visit kinaxis.com or follow us on LinkedIn. About ProvisionAI ProvisionAI provides global manufacturers with a transportation scheduling solution featuring optimized, capacity-constrained replenishment. LevelLoad, the flagship offering, attains long-term transportation planning objectives despite the realities of supply chain network constraints. The results include fuller loads, higher use of preferred freight carriers, and overall lower costs. Clients save millions by tendering loads early to reserve preferred carriers, filling truckloads optimally to minimize wasted capacity, improving customer order fulfillment, and ratcheting down costs. The patented technology was developed over five years by a team of logistics optimization experts that studied shippers like Unilever, Baxter, P&G, and Kimberly-Clark.

Supply Chain

Logility Announces Garvis’ Acquisition to Enhance AI Forecasting

Logility | September 25, 2023

Logility, Inc., a leader in prescriptive supply chain planning solutions, has recently made a significant move by entering into a definitive agreement to acquire Garvis, an innovative SaaS startup. This strategic agreement, finalized earlier this month, combines the strengths of both companies to introduce a groundbreaking supply chain planning concept, DemandAI+. The industry is set to shift from traditional demand and inventory planning methods towards a faster, more responsive approach with DemandAI+. Piet Buyck, CEO, Garvis, mentioned, Our clients have realized epic results by using AI-driven algorithms and natural language interfaces to gain insights into the peaks and troughs of demand and quickly communicate that knowledge to the rest of the organization. [Source – Business Wire] The results had included a 70% reduction in weekly planning time, a 15-30% decrease in forecast error, and enhanced inventory management, all achieved with remarkably swift implementation times, added Piet. The forward-looking solution seamlessly merges Generative AI with machine learning algorithms, revolutionizing the planning landscape. Planners, executives, and non-planners can now obtain real-time answers to unanticipated questions, facilitating transparency and enabling more informed decision-making while drastically reducing planning time. This strategic alignment positions Logility and Garvis as pioneers in the evolution of supply chain planning, with DemandAI+ as a powerful tool for businesses seeking to stay agile and competitive in today's dynamic market. Integrating DemandAI+ into the Logility Digital Supply Chain Platform is pivotal in planning supply. The acquisition is anticipated to yield substantial benefits, with accretive results expected within 12 months. It solidifies Logility's position as a trailblazer in supply chain planning by harnessing the power of Generative AI, advanced AI-driven algorithms, and machine learning. This comprehensive approach encompasses everything from base demand to promotional lift, causal forecasts, external data, and user insights within a single solution, elevating forecast accuracy and ensuring organizations are well-aligned in today's ever-changing market landscape. With a track record of success in over 70 implementations, clients have experienced the transformative power of DemandAI+ in translating buying behavior, market dynamics, and various events into precise forecasts across products, locations, and customer segments. DemandAI+ empowers companies to respond swiftly to changing conditions, ultimately enhancing forecast accuracy and service levels, even for products with high promotion, strong seasonality, or intermittent demand patterns. About Logility Logility, Inc., a digital sustainable supply chain company, empowers businesses to capitalize on emerging opportunities, swiftly adapt to shifting market dynamics, and enhance the profitability of their intricate global operations. The Logility Digital Supply Chain Platform represents a fusion of cutting-edge artificial intelligence and advanced analytics, facilitating the automation of planning processes, expediting cycle times, heightening precision, optimizing operational efficiency, dissolving organizational silos, and delivering unparalleled transparency. In addition, this SaaS-based platform revolutionizes an array of critical functions, including S&OP, integrated business planning (IBP), demand, inventory, and replenishment planning, global sourcing, quality and compliance management, product life cycle management, supply and inventory optimization, manufacturing planning and scheduling, and retail merchandise planning, assortment, and allocation.

Supply Chain

Noodle.ai Announces Patent-Pending Technology for Generative Supply Chain Planning

PR Newswire | October 04, 2023

Last week, Noodle.ai, the leader in Supply Chain A.I., had its patent application filed for the core GPP technology underlying its new Generative Supply Chain Planning. The technology, which is probabilistic in nature, has the ability to drive dramatic increases in supply chain profitability and dramatic decreases in supply chain waste. "We are convinced the GPP technology will mark a key milestone in the transition to a future of Generative Planning." said Stephen Pratt, Founder & CEO of Noodle.ai. "This is a once in a generation breakthrough to make material improvements in global supply chain efficiency and waste reduction." Why is Generative Planning Revolutionary? Traditional planning solutions have struggled to keep pace with the complexities and uncertainties of modern global supply chains. The existing deterministic approaches usually lead to sub-optimal, and often infeasible, plans. These plans are created by decades old stagnating technologies which create an imbalance between supply and demand, lower profits, and huge amounts of waste because remedial actions are often required to satisfy demand. "This technology further grows our competitive advantage over other supply chain alternatives," said Mahriah Alf, Noodle.ai Chief Product Officer. "Generative Planning builds on the Probabilistic System of Intelligence currently driving our products and is a quantum leap forward." Noodle.ai Generative Planning optimizes entire supply chains simultaneously through Large Graph Models (LGM) that continually learn and improve. Hyung-il Ahn, Noodle.ai, Chief AI Scientist, says "Noodle.ai's Generative Planning incorporates cutting-edge generative AI technologies—such as attention-based graph neural networks (GNN), offline deep reinforcement learning (Offline RL), and probabilistic policy simulations. This potent combination generates dynamic supply action plans that are both feasible and network-wide optimized and consider time-varying supply chain objectives and probabilistic factors like demand, lead time, and production variabilities." Generative Planning Results Noodle.ai Generative Planning has shown extraordinary promise when tested using historical data from a North America-based consumer goods company with a complex supply chain network. Generative Planning simultaneously increased revenue and decreased costs by reducing out of stocks and lost sales by 75% and reducing excess stock by 20% with a corresponding inventory holding cost impact. A Generative AI Solution that adapts to your ever-changing Business Objectives Generative Planning can adapt to different corporate objectives, whether they are maximizing profits, service levels, minimizing risk, cost containment, or other metrics. By employing generative policy models trained on real-world network transition data, Generative Planning performs probabilistic simulations to create optimal supply plans that are tailoring to your corporate objectives and resilient to the uncertainties of today's global supply chains. Availability Generative Planning data science and data flow development are complete, and the broader application is being productized to ensure it meets Noodle.ai high standards of availability, security, scalability, and ease of use. Noodle.ai Generative Planning will be available to initial customers in Q1 of 2024 with an initial focus on demand and finished-goods distribution. About Noodle.ai Noodle.ai is currently a probabilistic system of intelligence that supercharges your current planning and transaction systems with the power of probabilities. Unlike traditional systems that rely on fixed rules and simplified assumptions, Noodle.ai uses cutting-edge AI/ML technology to conquer variability and improve your decision-making process. With risk-adjusted recommendations and automated workflows, you'll achieve unprecedented productivity, service levels, and cost savings in your supply chain. With the productization of this patent-pending technology Noodle.ai will become a Generative System of Planning that allows customers to reduce the cost and improve the quality of their supply chain planning by replacing outdated systems.

Supply Chain

project44’s Ocean Visibility to Boost Yamaha's Supply Chain Resiliency

project44 | September 07, 2023

project44, a leading end-to-end supply chain visibility platform, has announced that Yamaha Corporation, a leading musical instrument manufacturer and audio equipment maker, deploys project44's Ocean Visibility and Port Intel solutions. This installation will improve global shipment visibility, optimize transportation control and strengthen supply chain resilience. Yamaha selected project44's Ocean Visibility and Port Intel solutions due to its ability to provide global shipment status visualization, highly accurate estimated time of arrival (ETA) data, and facilitate more informed and timely decisions and actions. The company ships nearly 15,000 containers to ports around the globe annually. In addition, Yamaha's supply chain resiliency initiative comprehensively evaluated solutions to enhance transportation control between its production factories and distributors. Yuji Kuwahara, project44's General Manager and VP of Sales (Japan) said, The supply chain disruptions over the past few years have given shippers an opportunity to reconsider the importance of flexibility in their logistics strategy and operation. [Source – Cision PR Newswire] project44's supply chain visibility platform dramatically improves data quality and visibility across all associated teams. Yuji added, the company believes that project44 will help Yamaha with collaborative planning and exception management, resulting in more satisfied Yamaha customers.

Supply Chain

Kinaxis Welcomes ProvisionAI to Global Partner Network

Business Wire | October 27, 2023

ProvisionAI, the only provider of a patented, optimized replenishment transportation scheduling solution, has joined the Kinaxis solution extension partner program. Through this partnership, joint customers can now extend the visibility and agility gained from the Kinaxis RapidResponse® platform, and its patented concurrent technique, into their transportation scheduling needs; in effect, eliminating latency and siloes. “The combination of RapidResponse and LevelLoad from ProvisionAI means customers can combine data from their whole network with their transportation data in real time,” said Tom Moore, CEO and founder at ProvisionAI. “By understanding real-time constraints from other parts of the supply chain, customers can create the most up-to-date replenishment transportation schedule that also takes into account lane carrier costs, warehouse capacities and inventory availability. It’s a game changer in supply chain management.” Kinaxis and ProvisionAI already share several high-profile global customers including Unilever, Diageo, Baxter and Kimberly-Clark. “Our solution extension partners are vital in the Kinaxis ecosystem, bringing unique and specialized capabilities to our customers,” said Conrad Mandala, senior vice president global partner organization at Kinaxis. “We are thrilled to welcome ProvisionAI to our global partner program and very excited to about what we’ll accomplish together.” About Kinaxis Kinaxis is the global leader in modern supply chain management. We serve supply chains and the people who manage them in service of humanity. Our software is trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. We combine our patented concurrency technique with a human-centered approach to AI to empower businesses of all sizes to orchestrate their end-to-end supply chain network, from multi-year strategic planning through down-to-the-second execution and last-mile delivery. For more news and information, please visit kinaxis.com or follow us on LinkedIn. About ProvisionAI ProvisionAI provides global manufacturers with a transportation scheduling solution featuring optimized, capacity-constrained replenishment. LevelLoad, the flagship offering, attains long-term transportation planning objectives despite the realities of supply chain network constraints. The results include fuller loads, higher use of preferred freight carriers, and overall lower costs. Clients save millions by tendering loads early to reserve preferred carriers, filling truckloads optimally to minimize wasted capacity, improving customer order fulfillment, and ratcheting down costs. The patented technology was developed over five years by a team of logistics optimization experts that studied shippers like Unilever, Baxter, P&G, and Kimberly-Clark.

Supply Chain

Logility Announces Garvis’ Acquisition to Enhance AI Forecasting

Logility | September 25, 2023

Logility, Inc., a leader in prescriptive supply chain planning solutions, has recently made a significant move by entering into a definitive agreement to acquire Garvis, an innovative SaaS startup. This strategic agreement, finalized earlier this month, combines the strengths of both companies to introduce a groundbreaking supply chain planning concept, DemandAI+. The industry is set to shift from traditional demand and inventory planning methods towards a faster, more responsive approach with DemandAI+. Piet Buyck, CEO, Garvis, mentioned, Our clients have realized epic results by using AI-driven algorithms and natural language interfaces to gain insights into the peaks and troughs of demand and quickly communicate that knowledge to the rest of the organization. [Source – Business Wire] The results had included a 70% reduction in weekly planning time, a 15-30% decrease in forecast error, and enhanced inventory management, all achieved with remarkably swift implementation times, added Piet. The forward-looking solution seamlessly merges Generative AI with machine learning algorithms, revolutionizing the planning landscape. Planners, executives, and non-planners can now obtain real-time answers to unanticipated questions, facilitating transparency and enabling more informed decision-making while drastically reducing planning time. This strategic alignment positions Logility and Garvis as pioneers in the evolution of supply chain planning, with DemandAI+ as a powerful tool for businesses seeking to stay agile and competitive in today's dynamic market. Integrating DemandAI+ into the Logility Digital Supply Chain Platform is pivotal in planning supply. The acquisition is anticipated to yield substantial benefits, with accretive results expected within 12 months. It solidifies Logility's position as a trailblazer in supply chain planning by harnessing the power of Generative AI, advanced AI-driven algorithms, and machine learning. This comprehensive approach encompasses everything from base demand to promotional lift, causal forecasts, external data, and user insights within a single solution, elevating forecast accuracy and ensuring organizations are well-aligned in today's ever-changing market landscape. With a track record of success in over 70 implementations, clients have experienced the transformative power of DemandAI+ in translating buying behavior, market dynamics, and various events into precise forecasts across products, locations, and customer segments. DemandAI+ empowers companies to respond swiftly to changing conditions, ultimately enhancing forecast accuracy and service levels, even for products with high promotion, strong seasonality, or intermittent demand patterns. About Logility Logility, Inc., a digital sustainable supply chain company, empowers businesses to capitalize on emerging opportunities, swiftly adapt to shifting market dynamics, and enhance the profitability of their intricate global operations. The Logility Digital Supply Chain Platform represents a fusion of cutting-edge artificial intelligence and advanced analytics, facilitating the automation of planning processes, expediting cycle times, heightening precision, optimizing operational efficiency, dissolving organizational silos, and delivering unparalleled transparency. In addition, this SaaS-based platform revolutionizes an array of critical functions, including S&OP, integrated business planning (IBP), demand, inventory, and replenishment planning, global sourcing, quality and compliance management, product life cycle management, supply and inventory optimization, manufacturing planning and scheduling, and retail merchandise planning, assortment, and allocation.

More Trending news

Spotlight

Resources

Role of Warehouse Management Systems to Drive Productivity & Accuracy

Article

Hegelmann Logistics warehouse building project

Video

Rethinking the future of the supply chain | An interview with sennder

Video

Role of Warehouse Management Systems to Drive Productivity & Accuracy

Article

Hegelmann Logistics warehouse building project

Video

Rethinking the future of the supply chain | An interview with sennder

Video