supply chain software

Panasonic acquires Blue Yonder for $7.1B

Japanese electronics giant Panasonic Corp. has announced it will acquire supply chain software company Blue Yonder after an agreement was reached with its existing shareholders New Mountain Capital and Blackstone.

Panasonic previously took a 20% stake in the software company in July and Friday confirmed it will purchase the remaining 80% for $5.6 billion. This additional investment totals $7.1 billion after debt repayment and values Blue Yonder at $8.5 billion.

This announcement comes two weeks...

https://s29755.pcdn.co/news/panasonic-acquires-blue-yonder-for-71b

Descartes Systems posts strong Q4 as CEO signals more M&A

The logo of Descartes Systems Group on an image from a shipping container being loaded at a port.

Supply chain software provider Descartes Systems Group (NASDAQ:DSGX) reported record revenue and a 51% jump in profits in the fourth quarter as the Canada-based company signaled it will continue to pursue acquisitions. 

Descartes, which reports in U.S. dollars, had net income of $17.2 million or an adjusted 20 cents per diluted share, on $93.4 million in revenue. Net income jumped by 51% and revenue 11% compared to a year earlier. 

The result handily beat analysts’ expectations of 16 cents per...

https://s29755.pcdn.co/news/descartes-systems-posts-strong-q4-as-ceo-signals-more-m;a

Commentary: Why are investors looking at supply chain technologies in 2020?

The views expressed here are solely those of the authors and do not necessarily represent the views of FreightWaves or its affiliates.  

Since the coronavirus pandemic took hold earlier in 2020, supply chain has become a household word. Investors, like the public, have woken up to the fact that supply chains are the engine driving economic prosperity.

Almost perversely, supply chain is also the final frontier of tech-based efficiency optimization. Insiders joke (quite fairly, as it turns out)...

https://s29755.pcdn.co/news/commentary-why-are-investors-looking-at-supply-chain-technologies-in-2020

RedwoodConnect 2.0 sets sights on simplifying TMS integration

Logistics companies across the sector agree: Integrating transportation management systems (TMS) is cumbersome. Complicated wiring isn’t the only thing leaving businesses tangled. Problems such as communication errors, tight deadlines and overwhelmed IT staff often make integration costs spiral out of control.

Chicago-based Redwood Logistics aims to eliminate these inefficiencies and simplify the integration of supply chain technologies with its latest advancement, RedwoodConnect 2.0. The...

https://www.freightwaves.com/news/redwoodconnect-2-0-sets-sights-on-simplifying-tms-integration

Logistics companies may be guilty of doing digitalization wrong

Logistics companies may be guilty of doing digitalization wrong (Photo: Shutterstock)

The age of e-commerce and the “Amazon effect” on supply chains have resulted in the need for expediting shipment delivery. The evolving consumer delivery expectations have led businesses to scramble for digitalization, adopting strategies that can improve logistics efficiencies.

However, companies often rush into their digitalization processes without a clear strategy of what they want to accomplish. On the other end of the spectrum are enterprises that have run legacy systems for several...

https://s29755.pcdn.co/news/logistics-companies-may-be-guilty-of-doing-digitalization-wrong

FourKites gives logistics aid organization a communications boost

Supply chain visibility platform FourKites has partnered with the American Logistics Aid Network (ALAN) to accelerate the voluntary transport and delivery of vital goods to emergency hot spots as they occur throughout the country.

In 2005, after Hurricane Katrina devastated New Orleans and other Gulf Coast communities, ALAN launched as a means to connect disaster relief organizations and other nonprofits with transportation services providers willing to move life-sustaining supplies to disaster...

https://s29755.pcdn.co/news/fourkites-gives-logistics-aid-organization-a-communications-boost