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Universal Logistics Holdings, Inc | June 20, 2022
Universal Logistics Holdings, Inc. (NASDAQ: ULH) announced the preliminary results of its modified "Dutch auction" tender offer to repurchase up to 100,000 shares of its outstanding common stock, which expired at 5:00 p.m., Eastern Time, on Wednesday, June 15, 2022. Based on the preliminary count by Computershare Trust Company, N.A. ("Computershare"), the depositary for the tender offer, approximately 164,189 shares were properly tendered and not properly...
WiseTech Global | January 31, 2023
WiseTech Global, the developer of CargoWise, a logistics execution software, recently acquired Envase Technologies (Envase), a transport management system software provider for drayage (container haulage), intermodal trucking, and landside logistics in North America. The transaction was valued at US $230 million. Envase was purchased from Firmament, a private investment firm and supply chain investor, and some other shareholders. Envase's carrier solutions automate and provi...
PYMNTS.com | May 25, 2020
In a black swan event such as the pandemic, ensuring business continues to flow not only means mitigating volatility of today. For many businesses along the global supply chain, it may also mean introducing changes that will affect how trade is done well into the future, too.In its recent B2B Payments: COVID-19 Impact Report, a collaboration with American Express, PYMNTS digs into some of the most dramatic and immediate shifts within global supply chains as a result of COVID-19. Unsurprisi...
Supply Chain
KlearNow.AI | March 14, 2023
KlearNow, smart Logistics as a Service (LaaS) platform, announced the rebranding of KlearNow as KlearNow.AI. The rebranding is to better reflect the company's mission towards advancing the global logistics industry with cutting-edge AI and ML technologies. KlearNow.AI has become a global leader in LaaS with a rapid 30x revenue growth in the past two years. It offers smart solutions that assist businesses in addressing the increasingly complex challenges that supply chain ind...
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