Skip to content
Search AI Powered

Latest Stories

newsworthy

short takes

FKI Logistex has formed a Solutions Development Group to provide integrated supply chain solutions on an accelerated schedule to customers in North America. This new team will operate as a systems integrator that specifies, installs, and commissions all FKI Logistex and third-party products and services involved in these solutions. … Advanced Handling Systems, a Lakeland, Fla., designer and integrator of material handling systems, has changed its name to TriFactor. … Descartes, a logistics softwareas-a-service company, has acquired Minnesota-based RouteView Technologies, a company that provides map-based routing software and wireless/GPS technologies. … Trucktruth.com has launched an online calculator to compare the costs of owning and operating an internal combustion enginepowered lift truck vs. an electric lift truck. Go to www.trucktruth.com. … GT Nexus has acquired Metaship AG, a Hamburg, Germanybased company that provides logistics management technology for importers, exporters, and third-party logistics service providers. … SEKO, a freight forwarding and logistics solutions specialist, has expanded its operations in Europe by opening four new offices in France. The offices are located in Paris, Le Havre, Lyon, and Marseille. … Ryder System has bought the full-service truck leasing, commercial truck rental, and contract maintenance businesses of Lily Transportation Corp., a regional carrier based in Needham, Mass. … Agility has acquired Starfreight Logistics Ltd., a customs clearance and freight forwarding specialist in Kenya. … Doosan Infracore America has established Doosan Global Finance to provide financing for companies that purchase its lift trucks. … Epicor Software Corp. has completed its acquisition of NSB Retail Systems. … EMS Technologies, parent company of LXE, has acquired Stockholm, Sweden-based Akerstroms Trux AB, a manufacturer of wireless computing products for warehouses. … Purolator USA has opened a new branch office in Los Angeles. … Toyota Material Handling is donating 20,000 trees to the Arbor Day Foundation. The company says that's one tree for every 8-Series lift truck it sold last year.

The Latest

More Stories

Cover image for the white paper, "The threat of resiliency and sustainability in global supply chain management: expectations for 2025."

CSCMP releases new white paper looking at potential supply chain impact of incoming Trump administration

Donald Trump has been clear that he plans to hit the ground running after his inauguration on January 20, launching ambitious plans that could have significant repercussions for global supply chains.

With a new white paper—"The threat of resiliency and sustainability in global supply chain management: Expectations for 2025”—the Council of Supply Chain Management Professionals (CSCMP) seeks to provide some guidance on what companies can expect for the first year of the second Trump Administration.

Keep ReadingShow less

Featured

grocery supply chain workers

ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

The partnership creates a data connection between suppliers and the retail store. It works by integrating Salt Lake City-based ReposiTrak’s network of thousands of suppliers and their traceability shipment data with Austin, Texas-based Upshop’s network of more than 450 retailers and their retail stores.

Keep ReadingShow less
photo of smart AI grocery cart

Instacart rolls its smart carts into grocery retailers across North America

Online grocery technology provider Instacart is rolling out its “Caper Cart” AI-powered smart shopping trollies to a wide range of grocer networks across North America through partnerships with two point-of-sale (POS) providers, the San Francisco company said Monday.

Instacart announced the deals with DUMAC Business Systems, a POS solutions provider for independent grocery and convenience stores, and TRUNO Retail Technology Solutions, a provider that powers over 13,000 retail locations.

Keep ReadingShow less
photo of self driving forklift

Cyngn gains $33 million for its self-driving forklifts

The autonomous forklift vendor Cyngn has raised $33 million in funding to accelerate its growth and proliferate sales of its industrial autonomous vehicles, the Menlo Park, California-based firm said today.

As a publicly traded company, Cyngn raised the money by selling company shares through the financial firm Aegis Capital in three rounds occurring in December. According to forms filed with the U.S. Securities and Exchange Commission (SEC), the move also required moves to reduce corporate spending for three months, including layoffs that reduced staff from approximately 80 people to approximately 60 people, temporarily suspended certain non-essential operations, and reduced or eliminated all discretionary expenses.

Keep ReadingShow less
minority woman with charts of business progress

Study: Inclusive procurement can fuel economic growth

Inclusive procurement practices can fuel economic growth and create jobs worldwide through increased partnerships with small and diverse suppliers, according to a study from the Illinois firm Supplier.io.

The firm’s “2024 Supplier Diversity Economic Impact Report” found that $168 billion spent directly with those suppliers generated a total economic impact of $303 billion. That analysis can help supplier diversity managers and chief procurement officers implement programs that grow diversity spend, improve supply chain competitiveness, and increase brand value, the firm said.

Keep ReadingShow less