Logistics

J.B. Hunt Moves Into Top 300 on Fortune 500 List

Retrieved on: 
Monday, June 5, 2023

“They are the source of our success, and by taking care of them, we will continue helping customers reduce costs and improve efficiency.”

Key Points: 
  • “They are the source of our success, and by taking care of them, we will continue helping customers reduce costs and improve efficiency.”
    The Fortune 500 ranks the 500 largest U.S. companies by total revenue for the respective fiscal year.
  • According to the outlet, companies on this year’s list represent approximately two-thirds of the U.S. GDP and generated $18 trillion in revenue.
  • Fortune has published the annual list since 1955.
  • Earlier this year, J.B. Hunt was named to Fortune’s list of the World’s Most Admired Companies for the 12th time.

Scott Ward Returns to Compucom, Named Chief Business Officer

Retrieved on: 
Monday, June 5, 2023

Compucom, a leading managed IT services provider, announced Scott Ward will rejoin the company as its Chief Business Officer leading partner alliances and professional services.

Key Points: 
  • Compucom, a leading managed IT services provider, announced Scott Ward will rejoin the company as its Chief Business Officer leading partner alliances and professional services.
  • View the full release here: https://www.businesswire.com/news/home/20230605005119/en/
    Scott Ward Returns to Compucom, Named Chief Business Officer (Photo: Business Wire)
    Ward previously spent more than two decades at Compucom where he cultivated strong relationships with its customers and was consistently a top performing sales executive before assuming the role of senior vice president of sales.
  • “I’m pleased to come back to a company I called home for more than 25 years,” Ward said.
  • “I enjoy building, growing and leading high-performance teams to excel in any market.

South Africa Cargo Handling, Storage and Warehousing Industry Report 2023: Increasing Use by Local Companies of Neighbouring Ports to Avoid Local Inefficiencies Gaining Momentum - ResearchAndMarkets.com

Retrieved on: 
Monday, June 5, 2023

The "Cargo Handling, Storage and Warehousing in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Cargo Handling, Storage and Warehousing in South Africa 2023" report has been added to ResearchAndMarkets.com's offering.
  • This report focuses on the loading and unloading of cargo, irrespective of the transport mode used, and the operation of storage and warehousing facilities for all kinds of goods, but excludes storage facilities operated by companies for their own use.
  • The slowing global and local economy is expected to result in declining volumes of cargo handled at ports.
  • Demand for warehousing has been driven by ecommerce sales, which were expected to double as a percentage of retail sales in 2022.

o9 Solutions Revolutionizes Supplier Collaboration With Its AI-Powered Planning Platform

Retrieved on: 
Monday, June 5, 2023

o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, is setting a new standard for multi-tier supplier collaboration by leveraging AI and advanced analytics capabilities to drive real-time, bi-directional collaboration between customers and their suppliers.

Key Points: 
  • o9 Solutions , a leading enterprise AI software platform provider for transforming planning and decision-making, is setting a new standard for multi-tier supplier collaboration by leveraging AI and advanced analytics capabilities to drive real-time, bi-directional collaboration between customers and their suppliers.
  • In an increasingly complex and unpredictable business environment, multi-tier supplier collaboration has become a critical component of successful supply chain management.
  • o9's Digital Brain platform is revolutionizing the process by delivering end-to-end visibility into supplier data, automating workflows, and providing the tools required for effective, real-time collaboration.
  • o9’s platform is already being leveraged by some of the world's largest enterprises to transform their supplier collaboration processes.

SugarCRM and sales-i Announce Strategic Partnership to Provide Predictive B2B Sales Intelligence, Unlocking Newfound Revenue Opportunities

Retrieved on: 
Monday, June 5, 2023

The sales-i cloud-based sales intelligence platform allows sales professionals to identify and target high-quality sales opportunities within their existing customer base.

Key Points: 
  • The sales-i cloud-based sales intelligence platform allows sales professionals to identify and target high-quality sales opportunities within their existing customer base.
  • The software identifies hidden cross-sell and upsell opportunities within a customer based on previous sales patterns to help unlock the next deal.
  • Following purchase, sales-i calculates the probability of the order of an associated product, giving salespeople insights on additional revenue opportunities.
  • Sugar integration with sales-i centralizes access to sales analytics for every customer, sales team, branch, and product instantly.

AHEAD Acquires MBX, Ushering in a New Era of Advanced Engineering, Logistics and Operational Transparency for Edge and Hyperscale Solutions

Retrieved on: 
Monday, June 5, 2023

“With the addition of MBX, we will provide the custom solutions our clients require to fulfill their expanding needs for edge and hyperscale solutions,” said Eric Kaplan, Chief Technology Officer at AHEAD.

Key Points: 
  • “With the addition of MBX, we will provide the custom solutions our clients require to fulfill their expanding needs for edge and hyperscale solutions,” said Eric Kaplan, Chief Technology Officer at AHEAD.
  • To further enhance these logistics capabilities, MBX developed software platform, Hatch, for product lifecycle management, asset management and supply chain orchestration.
  • Tucker and his leadership team will play integral roles within AHEAD, reporting to Kaplan, who leads the solutions portfolio at the company.
  • The purchase of MBX Systems marks the ninth acquisition for AHEAD in five years.

Myers Industries Announces Quarterly Dividend

Retrieved on: 
Monday, June 5, 2023

Myers Industries, Inc. (NYSE: MYE) today announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on July 5, 2023 to shareholders of record as of June 16, 2023.

Key Points: 

Myers Industries, Inc. (NYSE: MYE) today announced that its Board of Directors has approved a quarterly cash dividend of $0.135 per share payable on July 5, 2023 to shareholders of record as of June 16, 2023.

RXO To Host Investor Webcast About Artificial Intelligence and Machine Learning in the Freight Industry

Retrieved on: 
Monday, June 5, 2023

RXO (NYSE: RXO) will host a webcast for investors about artificial intelligence (AI) and machine learning (ML) in the freight industry.

Key Points: 
  • RXO (NYSE: RXO) will host a webcast for investors about artificial intelligence (AI) and machine learning (ML) in the freight industry.
  • The meeting will be held from 11:00 to 11:45 a.m. EDT on Tuesday, June 27, and will feature a conversation among Yoav Amiel, Chief Information Officer, Jared Weisfeld, Chief Strategy Officer, and RXO technologists.
  • RXO will discuss how it currently leverages AI and ML across its business, as well as future use cases.

ZCG-Backed Unimed to Expand Operations into Singapore with Marine Pharma Merger

Retrieved on: 
Monday, June 5, 2023

As a result of this merger, Unimed is now poised to serve its clients more effectively and efficiently in the Asian market.

Key Points: 
  • As a result of this merger, Unimed is now poised to serve its clients more effectively and efficiently in the Asian market.
  • Ding Shern, founder of Marine Pharma, will assume the role of Managing Director, leading Unimed’s Singapore operations.
  • The expansion into Singapore, reinforced by the merger with Marine Pharma, underscores the Company’s dedication to elevating customer offerings and meeting the evolving demands of the maritime industry.
  • With continued and expanded presence in Singapore and a global network of partners, Unimed is well-positioned to deliver sustainable growth now and well into the future.

Global Connected Logistics Market to 2030: Sector is Expected to Reach $83.15 Billion by 2030 at a CAGR of 13.9% - ResearchAndMarkets.com

Retrieved on: 
Monday, June 5, 2023

Connected logistics provides improved warehouse management using technologies such as the Internet of Things (IoT), blockchain, virtual reality, and big data, among others.

Key Points: 
  • Connected logistics provides improved warehouse management using technologies such as the Internet of Things (IoT), blockchain, virtual reality, and big data, among others.
  • Connected logistics has enhanced the efficiency of last-mile delivery with the aid of communication devices and tracking devices.
  • Connected logistics aid in the efficient management of supply chain security, freight traffic, and routing of the fleet by minimizing the cost of the transport.
  • The declining cost of loT sensors and connected logistics hardware is one of the driving factors of the target market growth.