Rail

Birmingham Fastener Expands Footprint With Facility in Mexico

Retrieved on: 
Tuesday, March 19, 2024
Alternative Energy, Energy, Mining, Minerals, Agriculture, Technology, Natural Resources, Textiles, Steel, Packaging, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, State, Local, Science, Building Systems, Public Policy, Government, Public Transport, Defense, Urban Planning, Logistics, Supply Chain Management, REIT, Retail, Landscape, Trucking, Interior Design, Rail, Architecture, Air, Other Science, Transport, Utilities, Telecommunications, Oil, Gas, Contracts, CASM, MRO, Commercial, RSVP, Nightclub

Birmingham Fastener, a full-service manufacturer and distributor of high-quality specialty fasteners, is expanding to Mexico with the opening of a facility in Querétaro City this month.

Key Points: 
  • Birmingham Fastener, a full-service manufacturer and distributor of high-quality specialty fasteners, is expanding to Mexico with the opening of a facility in Querétaro City this month.
  • Commercial and Aerospace Supply de Mexico S. de R.L de C.V. (CASM) will operate as a wholly owned subsidiary of Birmingham Fastener, with support – including inventory supply – from Alabama Aerospace, Birmingham Fastener’s aerospace and defense branch.
  • “We are excited about Mexico being our first location outside of the U.S.,” says Brad Tinney, president and CEO of Birmingham Fastener.
  • He has 19 years of fastener experience and most recently served as Birmingham Fastener’s outside representative in Mexico.

2024 Cleo Ecosystem Integration Global Market Report: 80% of Companies Grew Revenue in 2023 by Investing in Supply Chain Technology; Over Half Plan to Invest $1 Million+ in 2024

Retrieved on: 
Tuesday, March 19, 2024
Retail, Data Management, Manufacturing, Technology, Professional Services, Supply Chain Management, Trucking, Rail, Other Retail, Transport, Other Manufacturing, Software, Logistics, Data Analytics, Internet, Automation, ROI, Organization, EDI, Ecosystem, Improper integral, White, Research, News, Investment, Dimension, CMO, Multimedia, Renewable energy

Specifically, Cleo’s just published 2024 Ecosystem Integration Global Market Report outlines these findings:

Key Points: 
  • Specifically, Cleo’s just published 2024 Ecosystem Integration Global Market Report outlines these findings:
    97% of companies surveyed invested in supply chain technologies in 2023.
  • 81% stated their supply chain investment delivered business improvement in less than 24 months, with 35% getting benefits in the same year.
  • Roughly 80% indicated they increased revenue in the same year they made supply chain technology investments.
  • More than half (51%) will invest $1 million or more in supply chain technology in 2024.

Sojo Industries Launches Sojo Shield™, a Pioneering Track and Trace Platform for Food and Beverage Brands

Retrieved on: 
Tuesday, March 19, 2024
Food Tech, Packaging, Other Transport, Trucking, Rail, Apps, Applications, Maritime, Logistics, Supply Chain Management, Air, IOT (Internet of Things), Manufacturing, Transport, Delivery Services, Software, Restaurant, Bar, Wine & Spirits, Supermarket, Data Management, Convenience Store, Technology, Food, Beverage, Retail, Blockchain, HVAC, Organic Food, Discount, Variety, Automation, Organization, Death, Record, QR, Robotics, Data collection, Multimedia, FDA, Sickness, Food safety, Multi-pack, FSMA

View the full release here: https://www.businesswire.com/news/home/20240319084055/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240319084055/en/
    The need for improved track and trace management has never been more critical as food and beverage brands and retailers must comply with the FDA’s Food Safety Modernization Act (FSMA) Food Traceability Rule by January of 2026.
  • “Now is the time to take tracking and tracing of food and beverage products seriously,” said Barak Bar-Cohen, Founder and CEO of Sojo Industries.
  • We built Sojo Shield™ to enable brands to avoid these types of escalations while addressing the new FDA compliance rules.
  • To learn more about Sojo Shield™ and how Sojo Industries is revolutionizing food and beverage traceability, visit https://sojoindustries.com/ .

Columbus McKinnon Declares Quarterly Dividend of $0.07 per Share

Retrieved on: 
Monday, March 18, 2024
Technology, Automotive, General Automotive, Construction & Property, Trucking, Rail, Alternative Energy, Engineering, Energy, Transport, Automotive Manufacturing, Other Defense, Logistics, Supply Chain Management, Manufacturing, Building Systems, Defense, Electronic Design Automation, CMCO, Motion, Holding company

Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share.

Key Points: 
  • Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share.
  • The dividend will be payable on or about May 13, 2024, to shareholders of record at the close of business on May 3, 2024.
  • Columbus McKinnon has approximately 28.8 million shares of common stock outstanding.

Supply & Demand Chain Executive Names Two Werner Associates as 2024 Pros to Know Award Winners

Retrieved on: 
Friday, March 15, 2024
Trucking, Rail, Maritime, Air, Transport, Logistics, Supply Chain Management, Associate, Mentorship, Supply, Enterprise, Growth, Werner Enterprises, WERN, Demand, Management

Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, is proud to announce two of its associates were recognized by Supply & Demand Chain Executive as 2024 Pros to Know award winners.

Key Points: 
  • Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, is proud to announce two of its associates were recognized by Supply & Demand Chain Executive as 2024 Pros to Know award winners.
  • This annual award recognizes outstanding leaders whose accomplishments offer a roadmap for others looking to leverage the supply chain for a competitive advantage.
  • He’s also highly involved within Werner, participating in mentoring and team development programs to foster the growth of current and future talent.
  • “We’re thrilled to see Christian and Tyler recognized by Supply & Demand Chain Executive for their leadership and commitment to their team, customers and Werner as a whole,” said Werner’s President and Chief Legal Officer, Nathan Meisgeier.

Trifleet Leasing Appoints Robin Pol as Managing Director

Retrieved on: 
Friday, March 15, 2024
Oil, Gas, Finance, Energy, Other Transport, Rail, Professional Services, Logistics, Supply Chain Management, Transport, Robin, GATX, Management

Trifleet Leasing Holding B.V. (“Trifleet”), a wholly owned subsidiary of Chicago-based GATX Corporation (NYSE: GATX), announced that Robin Pol has been appointed as managing director, effective March 1, 2024.

Key Points: 
  • Trifleet Leasing Holding B.V. (“Trifleet”), a wholly owned subsidiary of Chicago-based GATX Corporation (NYSE: GATX), announced that Robin Pol has been appointed as managing director, effective March 1, 2024.
  • “I am pleased to announce Robin’s promotion,” said Thomas A. Ellman, executive vice president and chief financial officer of GATX.
  • In his most recent position as director of commercial, global accounts and strategy, Mr. Pol was responsible for all business development activities and for ensuring that Trifleet delivers outstanding value to its customers.
  • “I am honored to lead our exceptional team at Trifleet,” Mr. Pol said.

FourKites Elevates Executives to Drive Industry Adoption and Accelerate Customer Value

Retrieved on: 
Thursday, March 14, 2024
Technology, Retail, Trucking, Supply Chain Management, Rail, Air, Artificial Intelligence, Transport, Software, Supermarket, Data Management, Logistics, Food, Beverage, Satellite, ETA, Partner, Growth, Coca-Cola, DNA, ASX, Customer, Eye, Rajagopalan, Ecosystem, Multimedia, CHEP

These appointments underscore FourKites’ focus on rapid growth and innovation, with an eye toward solving customers’ most pressing needs.

Key Points: 
  • These appointments underscore FourKites’ focus on rapid growth and innovation, with an eye toward solving customers’ most pressing needs.
  • View the full release here: https://www.businesswire.com/news/home/20240314808596/en/
    FourKites promotes Priya Rajagopalan to President of Product, Technology and Operations and appoints Ron Richardson as Chief Revenue Officer to drive industry adoption and accelerate customer value (Photo: Business Wire)
    Priya Rajagopalan leads FourKites’ Product, Engineering and Customer functions, with the goal of aligning customer needs and the company’s innovation engine to drive maximum customer value.
  • Ron Richardson returns to FourKites as CRO, where he leads Sales, Partners and Alliances to drive FourKites’ global momentum.
  • “I am thrilled to come back home to FourKites — returning to the market-leading company and the industry category I helped pioneer,” said Richardson.

RELEX Advances Gen AI Capabilities to Unlock Faster, Data-driven, Actionable Insights

Retrieved on: 
Wednesday, March 13, 2024
Artificial Intelligence, Logistics, Supply Chain Management, Restaurant, Bar, Office Products, Apps, Applications, Convenience Store, Trucking, Rail, Transport, Other Technology, Software, Other Retail, Home Goods, Data Management, Supermarket, Online Retail, Technology, Specialty, Luxury, Discount, Variety, Department Stores, Food, Beverage, Fashion, Retail, OpenAI, Creativity, Online shopping

RELEX Solutions , provider of unified supply chain and retail planning solutions, today announced new, advanced capabilities with Rebot, the new RELEX Gen AI tool.

Key Points: 
  • RELEX Solutions , provider of unified supply chain and retail planning solutions, today announced new, advanced capabilities with Rebot, the new RELEX Gen AI tool.
  • Built on leading advancements in generative AI, Rebot leverages the capabilities of OpenAI GPT-4 and RELEX’s deep retail and supply chain expertise to boost productivity, creativity, and decision-making for RELEX customers.
  • RELEX is dedicated to the ongoing enhancement of Rebot, ensuring it remains at the forefront of retail technology innovation.
  • "Rebot was born out of our unwavering commitment to empower retail professionals with not just data, but actionable insights," said Mikko Kärkkäinen, CEO of RELEX Solutions.

C.H. Robinson Announces Michael McGarry and Paige Robbins as Nominees for Board of Directors

Retrieved on: 
Wednesday, March 13, 2024
Trucking, Rail, Maritime, Air, Logistics, Supply Chain Management, Transport, Other Transport, PPG Industries, Chair, C. H. Robinson, W. W. Grainger, Digital, Scott Anderson, Shin-Etsu Chemical, Grainger, Security (finance), Judgement, McGarry, Audit committee, Customer, Marketing, Compensation, Supply chain, Koźlak, Warmian-Masurian Voivodeship, PPG, CHRW, Management

Robinson”) (Nasdaq: CHRW), a leading global logistics provider, today announced that the Board of Directors, upon recommendation of the Governance Committee, has nominated new directors, Michael McGarry and Paige Robbins, to stand for election to the Board at the company’s 2024 annual meeting of stockholders.

Key Points: 
  • Robinson”) (Nasdaq: CHRW), a leading global logistics provider, today announced that the Board of Directors, upon recommendation of the Governance Committee, has nominated new directors, Michael McGarry and Paige Robbins, to stand for election to the Board at the company’s 2024 annual meeting of stockholders.
  • Robinson to win through accelerated profitable growth,” said Jodee Kozlak, Chair of the Board of Directors of C.H.
  • Michael McGarry said, "I am pleased to be nominated to join the Board of Directors of C.H.
  • I look forward to collaborating with the other directors and the management team to help support and advance the company's strategic vision and goals," said Paige Robbins.

Accelera fuel cells power locomotive in Austrian project HY2RAIL

Retrieved on: 
Wednesday, March 13, 2024
Rail, Automotive, Transport, Alternative Energy, Alternative Vehicles, Fuels, Energy, Hydrogen, OTM, Vibration, Organization, Original equipment manufacturer, OBB, Partnership, Shock, Light, Electronics, Software, CMI, Hydrogen technologies, Multimedia, Rail transport

Replacing typical diesel generators, Accelera fuel cells now serve as the primary power unit in the conversion project of a light On Track Machine (OTM) Vehicle in Austria developed for the HY2RAIL project.

Key Points: 
  • Replacing typical diesel generators, Accelera fuel cells now serve as the primary power unit in the conversion project of a light On Track Machine (OTM) Vehicle in Austria developed for the HY2RAIL project.
  • View the full release here: https://www.businesswire.com/news/home/20240313776335/en/
    Freight locomotive powered by Accelera fuel cells.
  • (Photo: Business Wire)
    In partnership with the Austrian railway authority ÖBB, recognized for managing one of Europe's most advanced railway systems, the HY2RAIL project demonstrates how fuel cells can sustainably meet the power needs of heavy-duty freight locomotives.
  • To power the locomotive, m.ZERO, an Austrian engineering consultancy, integrated Accelera fuel cell power modules into a strong 120kW system.