Supply chain

MiQ Advances Methane Emissions Transparency in Natural Gas Exports with Groundbreaking Supply Chain Protocol

Retrieved on: 
Tuesday, March 19, 2024

HOUSTON, March 19, 2024 /PRNewswire/ -- MiQ, the not-for-profit global leader in methane emissions certification and transparent methane emissions intensity data, has unveiled a pioneering Supply Chain Protocol at CERAWeek 2024.

Key Points: 
  • HOUSTON, March 19, 2024 /PRNewswire/ -- MiQ, the not-for-profit global leader in methane emissions certification and transparent methane emissions intensity data, has unveiled a pioneering Supply Chain Protocol at CERAWeek 2024.
  • This framework aims to equip buyers, importers and end-users with in-depth methane emissions intensity data for the entire natural gas supply chain.
  • "If we are serious about achieving the Global Methane Pledge's goal of a 30% reduction in methane emissions by 2030, MiQ's Supply Chain Protocol enables stakeholders to choose the most reliable emissions data, construct comprehensive supply chain profiles and purchase lower-emission gas with confidence, while ensuring data comparability throughout the process," said Georges Tijbosch, CEO of MiQ.
  • The Supply Chain Protocol aligns with MiQ's mission to support the energy transition by bringing clarity to methane emissions from the oil and natural gas industry.

ISPE Announces 2024 Facility of the Year Awards Submission Finalists

Retrieved on: 
Tuesday, March 12, 2024

NORTH BETHESDA, Md., March 12, 2024 /PRNewswire-PRWeb/ -- The International Society of Pharmaceutical Engineering (ISPE) is pleased to announce the 2024 Facility of the Year Awards (FOYA) submission finalists that met the rigorous qualifications and requirements of the FOYA program.

Key Points: 
  • The 2024 Facility of the Year Awards (FOYA) submission finalists are announced at the 2024 ISPE Aseptic Conference, taking place 12-13 March 2024 in Vienna, Austria, and virtually.
  • NORTH BETHESDA, Md., March 12, 2024 /PRNewswire-PRWeb/ -- The International Society of Pharmaceutical Engineering (ISPE) is pleased to announce the 2024 Facility of the Year Awards (FOYA) submission finalists that met the rigorous qualifications and requirements of the FOYA program.
  • FOYA is the premier global awards program recognizing innovation and creativity in manufacturing facilities that serve the regulated healthcare industry.
  • "The announcement of ISPE's FOYA submission finalists is step one to recognizing and celebrating innovation in pharmaceutical manufacturing plant design and qualification.

Softeon Hosts Two Innovative Warehousing Solutions Sessions During MODEX

Retrieved on: 
Monday, March 4, 2024

During MODEX, Softeon is sharing warehouse automation strategies, live demonstrations, and expert networking opportunities.

Key Points: 
  • During MODEX, Softeon is sharing warehouse automation strategies, live demonstrations, and expert networking opportunities.
  • ET | Theater A
    “ Successfully Navigating the Great Material Handling Integration Challenge ” | Mark Fralick, CTO
    Wednesday, March 13 | 3:30 p.m. - 4:15 p.m.
  • In addition to attending Softeon’s warehouse-related sessions, MODEX attendees can join in a hole-in-one putting contest at the company’s booth #C7466.
  • Global supply chain leaders are encouraged to register to meet with Softeon’s team during MODEX by visiting https://info.softeon.com/modex .

Xometry Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024

NORTH BETHESDA, Md., Feb. 29, 2024 (GLOBE NEWSWIRE) --  Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • NORTH BETHESDA, Md., Feb. 29, 2024 (GLOBE NEWSWIRE) --  Xometry, Inc. (NASDAQ:XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today reported financial results for the fourth quarter and full year ended December 31, 2023.
  • “In Q4 2023, we delivered record financial results including our highest revenue and gross profit in Xometry history,“ said Randy Altschuler, Xometry’s CEO.
  • Marketplace revenue for the fourth quarter of 2023 was $112 million, an increase of 42% year-over-year.
  • Total gross profit for the fourth quarter 2023 was $49.1 million, an increase of 39% year-over-year.

Boston Beer Reports Fourth Quarter Financial Results

Retrieved on: 
Tuesday, February 27, 2024

BOSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for its fourth quarter and full fiscal year 2023 that ended December 30, 2023.

Key Points: 
  • BOSTON, Feb. 27, 2024 (GLOBE NEWSWIRE) -- The Boston Beer Company, Inc. (NYSE: SAM), today reported financial results for its fourth quarter and full fiscal year 2023 that ended December 30, 2023.
  • The 2023 fiscal fourth quarter included 13 weeks and is compared to the 2022 fiscal fourth quarter, which included 14 weeks.
  • Fourth quarter revenue was negatively impacted by a $5.1 million international sales tax adjustment.
  • The Company incurred impairment costs for brewery equipment of $1.5 million in the fourth quarter of 2023 and $1.5 million in the fourth quarter of 2022.

Unleashing TitanQ: Revolutionizing Problem-Solving with Quantum-Inspired Computing

Retrieved on: 
Thursday, February 22, 2024

Its user-friendly design ensures that businesses and researchers can effortlessly incorporate TitanQ into their existing systems, reducing the barriers to entry for Quantum-Inspired computing.

Key Points: 
  • Its user-friendly design ensures that businesses and researchers can effortlessly incorporate TitanQ into their existing systems, reducing the barriers to entry for Quantum-Inspired computing.
  • This democratization of Quantum-Inspired computing opens up a world of possibilities for developers, researchers, and businesses across various sectors.
  • Green Computing: In an era where sustainability is paramount, TitanQ takes a giant leap towards environmentally conscious computing.
  • With its Quantum-Inspired technology, ease of integration, green computing principles, and accessible API, TitanQ is poised to redefine the landscape of problem-solving.

PSA collaborates with HERE Technologies to optimize truck operations in Singapore

Retrieved on: 
Tuesday, February 20, 2024

Singapore – HERE Technologies , the leading location data and technology platform, today announced that it is enabling PSA Singapore (PSA), which operates the world’s largest transhipment hub with unrivalled connectivity, to transform its container truck ecosystem in Singapore, with the goal of optimizing the movement of goods at Singapore’s ports.

Key Points: 
  • Singapore – HERE Technologies , the leading location data and technology platform, today announced that it is enabling PSA Singapore (PSA), which operates the world’s largest transhipment hub with unrivalled connectivity, to transform its container truck ecosystem in Singapore, with the goal of optimizing the movement of goods at Singapore’s ports.
  • Singapore is the top maritime capital of the world[1] with the Port of Singapore as the world's second busiest port in terms of container volume.
  • This collaboration between HERE and PSA directly addresses this need by providing PSA with a seamless, easy-to-implement solution tailored to their requirements.
  • HERE is proud to enable PSA in shaping the future of port operations and smart logistics.”

DXP Enterprises Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Thursday, March 7, 2024

DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • DXP Enterprises, Inc. (NASDAQ: DXPE) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Fourth Quarter 2023 financial highlights:
    Sales were $407.0 million or $6.7 million per day for the fourth quarter of 2023, compared to $406.3 million or $6.6 million per day for the fourth quarter of 2022.
  • Adjusted earnings before interest, taxes, depreciation and amortization and other non-cash charges ("Adjusted EBITDA") for the fourth quarter of 2023 was $41.9 million compared to $31.6 million for the fourth quarter of 2022.
  • Fiscal Year 2023 financial highlights:
    Sales increased 13.4 percent to $1.7 billion or $6.7 million per day, compared to $1.5 billion or $5.9 million per day for fiscal 2022.

Steel Partners Holdings Reports Fourth Quarter and Full Year Results

Retrieved on: 
Friday, March 8, 2024

The Company recorded asset impairment charges of $0.5 million and $0.3 million for the three months ended December 31, 2023 and 2022, respectively.

Key Points: 
  • The Company recorded asset impairment charges of $0.5 million and $0.3 million for the three months ended December 31, 2023 and 2022, respectively.
  • The Company recorded asset impairment charges of $0.9 million and $3.2 million for the twelve months ended December 31, 2023 and 2022, respectively.
  • As of December 31, 2023, total debt was $191.4 million, an increase of $11.0 million, as compared to December 31, 2022.
  • As of December 31, 2023, net cash totaled $56.4 million, an increase of $104.0 million, as compared to December 31, 2022.

LocatorX Names UPS Veteran Mike Jones as CFO

Retrieved on: 
Wednesday, March 6, 2024

LocatorX names Mike Jones as its next Chief Financial Officer.

Key Points: 
  • LocatorX names Mike Jones as its next Chief Financial Officer.
  • Jones, who will be replacing Eddie Northen, brings over 30 years of experience at UPS, spending time in multiple divisions including Airline, Package Operations, and Supply Chain.
  • He served as VP of Investor Relations at UPS and was recognized as a Top IR Executive in the Transportation sector.
  • Mike was also the CFO of UPS Global Freight Forwarding, which included Air and Ocean Freight and Brokerage Services, and UPS Airlines, one of the largest worldwide cargo airlines.