Management from Canadian supply chain software-as-a-service provider Descartes said its customers are still leaning into supply chain solutions even as the macroeconomic environment has cooled.
“What we’re seeing is while our customers are being cautious and they may be covering the brake on some other projects … they continue in the logistics and supply chain space to make investments and continue the investments that they’re already making,” CEO Ed Ryan told analysts on a Wednesday evening...
Scottsdale, Arizona-based supply chain technology company Blue Yonder on Tuesday released not one but two new solutions geared toward quick and easy fulfillment.
The first, Warehouse Execution System, is designed to help warehouse operators onboard and orchestrate workflows for their staff, whether human or robot. The other, Adaptive Fulfillment & Warehousing, is built to enable automated inventory management and omnichannel fulfillment, including options like curbside and same-day delivery.
Both...
https://www.freightwaves.com/news/blue-yonder-introduces-pair-of-warehouse-and-fulfillment-solutions
Logility, an Atlanta-based supply chain management software-as-a-service platform, on Tuesday announced it has agreed to acquire Starboard Solutions Corp., a provider of a computer program that creates a digital twin of the customer’s physical supply chain.
According to its website, Traverse City, Michigan-based Starboard provides its digital twinning software platform to companies such as Deloitte, Porsche and JLL. Now, the tech will be adopted by Logility clients such as Kraft Heinz, Big Lots...
https://www.freightwaves.com/news/logility-to-acquire-supply-chain-network-design-provider-starboard
Once a cost base for businesses, last-mile delivery has gradually transformed from an afterthought into a nearly $200 billion industry. Investors, unsurprisingly, are taking notice.
Bay Area-based Onfleet is the latest last-mile company to pick up a lucrative funding round, raising $23 million in a Series B led by Kayne Partners with participation from existing investor Savant Growth. Onfleet will use the funding to expand its team and enhance its software platform with new technology and...
https://www.freightwaves.com/news/onfleet-raises-23m-to-grow-last-mile-software-platform
Descartes, the 17th-century French mathematician, built his philosophy around acquiring knowledge. Descartes, the 21st-century logistics business, meanwhile, is building its philosophy around acquiring companies.
The Ontario, Canada-based software-as-a-service solutions provider on Monday announced that it purchased e-commerce shipping solutions company XPS Technologies for $65 million, rising to $75 million if certain revenue-based targets are met. XPS is Descartes’ (NASDAQ: DSGX) sixth...
In a bid to tap into Florida’s retail supply chain, e-commerce fulfillment platform ShipHero announced on Friday the acquisition of Jacksonville-based Cargo Cove Fulfillment, a full-service logistics company with over 50 partnering e-commerce brands. Those companies will now be integrated into ShipHero’s network of 5,000-plus partnering brands.
For ShipHero, the move is all about growth. The company now has a presence in the most populous city in one of the most populous states, bolstering the...
https://www.freightwaves.com/news/shiphero-acquires-florida-based-cargo-cove-fulfillment
Environmental Protection Agency research concluded that the transportation sector produces more greenhouse gases than any other sector in the United States at 29%. Making matters worse, e-commerce shopping, which came to prominence during the height of the COVID-19 pandemic, is keeping shippers on their toes and pushing carriers to complete deliveries with greater efficiency.
In fact, it’s reported that Americans spent $78 billion shopping online in March alone, topping off 2021’s first quarter...
Transportation Impact announced the launch of a new corporate brand identity Monday, unveiling a new name, logo, domain name, and tagline. Known now as TransImpact, the supply chain technology and services company praised the change for connecting the company’s legacy with its technology-focused future.
“The name TransImpact is a natural evolution from our original name, Transportation Impact,” said CEO Berkley Stafford. “As we evolved to support clients beyond shipping, this new name better...
https://www.freightwaves.com/news/transportation-impact-celebrates-name-change
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