NOTED: Supply Chain Highlights
↑ South Carolina Ports awarded $253,000 to 116 South Carolina nonprofits and community organizations as part of its Community Giving program for fiscal year 2024, marking the highest number of grants awarded since the program began in 2013. Awards were given in amounts of $7,500, $5,000, $2,500 and $1,000.
GOOD WORKS
• The Trucking Cares Foundation, the trucking industry’s charitable arm, donated $20,000 to South Dallas Driving Academy, a nonprofit that provides free driver education courses to low-income teens and young adults.
↑ Logistics Plus successfully completed a challenging shipping operation to support the reconstruction and development of Ukraine’s energy infrastructure. The company was tasked with transporting thousands of tons of essential gas pipe into Ukraine amidst the ongoing war.
Green Seeds
↑ Schneider National’s battery electric vehicle (BEV) fleet has hit the milestone of hauling more than 1 million zero emission miles of customer freight.
• Hellmann Worldwide Logistics entered into a partnership with shipzero, which specializes in measuring and reducing CO2 emissions in global freight transport. As part of the agreement, shipzero supports the entire data management process and determines the CO2 emissions for Hellmann’s global road business.
UP THE CHAIN
← Andrew Williams, current CEO of DHL Express Canada, takes on the role of new regional CEO for the Americas. Current Americas CEO Mike Parra will start a new role as the CEO for DHL Express Europe.
• Angel Rodriguez joins ASF as president of ASF Air. He is an industry veteran with more than 30 years of global end-to-end supply chain experience.
← Landstar System named Frank A. Lonegro as president and chief executive officer, effective February 2, 2024. James B. Gattoni, who currently serves as president and CEO, transitions to the role of special advisor to the CEO before his anticipated retirement in July 2024.
→ Wagner Logistics named Robert Fischer as senior vice president of business development to lead the 3PL’s growth strategy.
• Penske Logistics appointed Jeff Jackson as the new president for the business group. Throughout his career, Jackson has held numerous operations management and leadership roles with Penske Logistics.
← Global cloud enterprise software company IFS has made two senior appointments. Max Roberts joins the company as chief operating officer and Belinda Finch joins as chief information officer.
M&A
↑ AIT has acquired Mach II Shipping Ltd, a U.K.-based freight forwarder specializing in worldwide distribution of pharmaceuticals and related products. The deal includes two locations in the Netherlands and the U.K., as well as a global network of life sciences partners extending across 30 countries.
• Cheetah signed a letter of intent to purchase Edward Transit Express Group, a global inbound non-vessel operating common carrier providing ocean and air transportation services.
• Canada Cartage Corporation will acquire The GTI Group, which provides a range of supply chain services including brokerage, transportation management, and freight forwarding for oversized and heavy-haul freight.
• Generix Group and DDS have joined forces to provide a supply chain digitization offering that covers all flows of goods and data, from procurement to invoicing and payment.
• Riverstone Logistics has acquired Ralph’s Transfer Co., a final-mile logistics provider based in Tampa.
• Transportation | Warehouse Optimization will acquire ProvisionAI, which provides a patented, optimized replenishment transportation scheduling solution named LevelLoad.
↑ CN has signed and closed an agreement to acquire Iowa Northern Railway, which operates approximately 275 track miles in Iowa connecting to CN’s U.S. rail network.
SEALED DEALS
• To gain greater visibility across its supply chain through suppliers and help identify responsible sourcing and business continuity risks, fashion retailer New Look partnered with TrusTrace, a global SaaS company with a platform for supply chain traceability and compliance data management.
↑ U.K.-based activewear brand AYBL replaced paper-based picking and manual fulfillment practices with Descartes’ ecommerce warehouse management system. As a result, AYBL has doubled its fulfillment capacity with existing staff and can scale to fulfill 70,000+ daily orders during peak season.
• Heura, a plant-based meat production company, selected ToolsGroup to help achieve the planning speed and accuracy necessary to transform its supply operations and meet the growing demands of its global expansion.
↑ KiK, a German discount retailer with more than 4,100 locations across Europe, has adopted TradeBeyond as its multi-enterprise platform to digitalize its supply chain operations. KiK will use TradeBeyond’s CBX platform to optimize its supply chain end-to-end, starting with its sourcing, tendering, order collaboration, and inspection processes
• Bamboo Rose entered a joint project with retail giant Walmart to develop and implement an enterprise sourcing platform (ESP) to bring together disparate systems, improve efficiencies, and help the company stay true to its mission of everyday low cost.
↑ Electrical parts distributor Van Meter is leveraging 18 vertical lift modules from Kardex Remstar to support growth. Since implementation, Van Meter has increased picking throughput by 25%, reduced labor costs by 21%, and increased accuracy to 99.99%.