Incoterms

Generix Group and DDS join forces to become a global leader in end-to-end supply chain digitization solutions

Retrieved on: 
Wednesday, November 15, 2023

Generix Group, a leading SaaS vendor of collaborative supply chain solutions, and DDS, a SaaS vendor of supply chain digitization and transport optimization solutions, have joined forces to become a major global player in supply chain digitization, covering all flows of goods and data, from procurement to invoicing and payment.

Key Points: 
  • Generix Group, a leading SaaS vendor of collaborative supply chain solutions, and DDS, a SaaS vendor of supply chain digitization and transport optimization solutions, have joined forces to become a major global player in supply chain digitization, covering all flows of goods and data, from procurement to invoicing and payment.
  • Generix Group and DDS join forces to create a global leader in end-to-end supply chain digitization solutions.
  • This merger gives rise to a powerful pool of solutions and expertise in transport flow management and, more generally, management of the supply chain.
  • This unique value proposition is aimed primarily at shippers and service providers, who will be able to manage all their activities using DDS and Generix Group solutions.

Piedmont Lithium Receives Partial Prepayment for Inaugural Shipment Under NAL Offtake Agreement

Retrieved on: 
Tuesday, August 29, 2023

The prepayment increased Piedmont’s cash position to approximately $100 million, reinforcing Piedmont’s strong balance sheet.

Key Points: 
  • The prepayment increased Piedmont’s cash position to approximately $100 million, reinforcing Piedmont’s strong balance sheet.
  • North American Lithium ("NAL") commenced commercial production in March 2023 and delivered its first joint venture shipment of 20,500 dmt to a third-party in early August.
  • “This is a significant day for Piedmont Lithium as we announce the first shipment of lithium concentrate under our offtake agreement with NAL and the receipt of a prepayment, which significantly increases our cash position,” said Keith Phillips, President and CEO of Piedmont.
  • Our projects include our Carolina Lithium and Tennessee Lithium projects in the United States and partnerships in Quebec with Sayona Mining (ASX: SYA) and in Ghana with Atlantic Lithium (AIM: ALL; ASX: A11).

CIRRO E-Commerce showcases its leading e-commerce delivery services at Converge 2023

Retrieved on: 
Thursday, May 4, 2023

LOS ANGELES, May 4, 2023 /PRNewswire/ -- CIRRO E-Commerce, a small parcel delivery provider formerly known as PARCLL, sponsored and participated in Converge 2023, the biennial event organized by FOG Software Group.

Key Points: 
  • LOS ANGELES, May 4, 2023 /PRNewswire/ -- CIRRO E-Commerce, a small parcel delivery provider formerly known as PARCLL, sponsored and participated in Converge 2023, the biennial event organized by FOG Software Group.
  • Visitors to the CIRRO E-Commerce booth have the opportunity to learn about its reliable and efficient delivery services and its support for their logistics needs via ProShip.
  • The event comes on the heels of CIRRO E-Commerce's recent roll-out on ProShip, where it will take over the position of its former brand, PARCLL.
  • : "We are thrilled to participate in Converge 2023 and engage with a diverse audience of industry experts.

FuelCell Energy Reports First Quarter of Fiscal 2023 Results

Retrieved on: 
Thursday, March 9, 2023

DANBURY, Conn., March 09, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its first quarter ended January 31, 2023.

Key Points: 
  • Compared to the first quarter of fiscal 2022, Advanced Technologies contract revenues recognized under the Joint Development Agreement with EMTEC were approximately $0.1 million higher during the first quarter of fiscal 2023, and revenue recognized under government and other contracts were approximately $0.3 million higher during the first quarter of fiscal 2023.
  • Operating expenses for the first quarter of fiscal 2023 decreased to $27.7 million from $41.9 million in the first quarter of fiscal 2022.
  • Research and development expenses increased to $12.7 million during the first quarter of fiscal 2023 compared to $5.0 million in the first quarter of fiscal 2022.
  • Net loss was $(21.1) million in the first quarter of fiscal 2023, compared to net loss of $(46.1) million in the first quarter of fiscal 2022.

FuelCell Energy Reports Fourth Quarter of Fiscal 2022 Results

Retrieved on: 
Tuesday, December 20, 2022

DANBURY, Conn., Dec. 20, 2022 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (NASDAQ: FCEL) -- a global leader in decarbonizing power and producing hydrogen through our proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results and key business highlights for its fourth quarter and fiscal year ended October 31, 2022.

Key Points: 
  • Note: All comparisons between periods are between the fourth quarter of fiscal 2022 and the fourth quarter of fiscal 2021, unless otherwise specified.
  • Operating expenses for the fourth quarter of fiscal 2022 increased to $27.5 million from $14.2 million in the fourth quarter of fiscal 2021.
  • Additionally, the provision for income tax was $0.3 million in the fourth quarter of fiscal 2022 compared to a negligible amount in the fourth quarter of fiscal 2021.
  • Adjusted EBITDA totaled $(36.1) million in the fourth quarter of fiscal 2022, compared to Adjusted EBITDA of $(16.9) million in the fourth quarter of fiscal 2021.

PARCLL Joins the ProShip Carrier Library to Provide International and U.S. Domestic E-Commerce Delivery Services

Retrieved on: 
Friday, January 6, 2023

The partnership brings PARCLL's best-in-class delivery services to all ProShip customers instantly and easily.

Key Points: 
  • The partnership brings PARCLL's best-in-class delivery services to all ProShip customers instantly and easily.
  • PARCLL focuses on reliability and efficiency, servicing the U.S. domestic small parcel delivery market with leading expedited and economy last-mile delivery across the country.
  • PARCLL also connects ProShip users to the international market with end-to-end cross-border parcel shipping services via its competitive fully tracked DDP (Delivered Duty Paid) services.
  • "ProShip is a premier multi-carrier shipping platform used by enterprise-level shippers," says Vincent D'Amato , Head of Sales at PARCLL.

Ex Works Joins the Chain.io Platform, Delivering Comprehensive Trucking Connectivity for Freight Forwarders

Retrieved on: 
Wednesday, December 14, 2022

With the integration, Chain.io now empowers forwarders to automatically integrate every element of every trucking move from a shipment job in a connected TMS – with Ex Works managing the further connectivity to over 1,100 cartage, drayage, LTL and parcel service providers.

Key Points: 
  • With the integration, Chain.io now empowers forwarders to automatically integrate every element of every trucking move from a shipment job in a connected TMS – with Ex Works managing the further connectivity to over 1,100 cartage, drayage, LTL and parcel service providers.
  • Utilizing Chain.io’s rich integration network, forwarders can leverage and extend Ex Work’s automated connections to every one of their own established trucking vendors.
  • Throughout the life cycle of the trucking job, Chain.io loads delivery milestones and invoices from Ex works into the user TMS for complete visibility into freight movement and trucking charges.
  • “Ex Works provides international forwarders who are frustrated with the chaos of managing trucking an integrated extension of their forwarding system,” said Gregg Borgeson, CEO, Ex Works.

PARCLL To Attend Two Important Logistics Industry Events This Fall

Retrieved on: 
Tuesday, September 20, 2022

LOS ANGELES, Sept. 20, 2022 /PRNewswire/ --PARCLL, a leading global e-commerce logistics solutions provider, plans to attend two important events.

Key Points: 
  • LOS ANGELES, Sept. 20, 2022 /PRNewswire/ --PARCLL, a leading global e-commerce logistics solutions provider, plans to attend two important events.
  • The first event in which PARCLL will participate is ProShip's PROS WHO KNOW 2022 virtual conference, which takes place on September 28, 2022.
  • PARCLL is a global e-commerce logistics solutions provider built to serve shippers who demand better service, more reliability and more pricing options for domestic and cross border lightweight parcels.
  • Equipped with a dynamic IT-platform, PARCLL provides best-in-class delivery services to U.S. brands, online sellers, e-commerce fulfillment providers, and digital shipping platforms.

PARCLL Adds Toronto Facility to North America Shipping Operations

Retrieved on: 
Friday, August 26, 2022

TORONTO, Aug. 25, 2022 /PRNewswire/ -- PARCLL , a leading global e-commerce logistics solutions provider, opened its first Canada-based shipping facility earlier this month to meet rising demand for domestic and cross-border parcel shipping services for clients in Canada, the U.S. and Asia.

Key Points: 
  • TORONTO, Aug. 25, 2022 /PRNewswire/ -- PARCLL , a leading global e-commerce logistics solutions provider, opened its first Canada-based shipping facility earlier this month to meet rising demand for domestic and cross-border parcel shipping services for clients in Canada, the U.S. and Asia.
  • With the opening of the Toronto facility, not only will company's Canada-based parcel shipping services become more reliable and trackable, it will also help PARCLL better respond to client requests and help them develop stronger vendor relationships.
  • This marks the eighth major facility that PARCLL has opened in North America.
  • "We want to make shipping to and throughout Canada easy," said Vincent D'Amato, Head of Sales & Strategic Alliances at PARCLL.

ShipBob’s Delivered Duty Paid (DDP) Shipping Solution Now Available Across Its Global Fulfillment Network

Retrieved on: 
Tuesday, July 26, 2022

ShipBob , the leading global omnifulfillment platform, today announced that its Delivered Duty Paid (DDP) solution is now available throughout all 30 fulfillment centers in the United States, United Kingdom and Ireland (and even for brands with their own warehouse that use ShipBobs in-house fulfillment solution, Merchant Plus).

Key Points: 
  • ShipBob , the leading global omnifulfillment platform, today announced that its Delivered Duty Paid (DDP) solution is now available throughout all 30 fulfillment centers in the United States, United Kingdom and Ireland (and even for brands with their own warehouse that use ShipBobs in-house fulfillment solution, Merchant Plus).
  • ShipBobs AI-powered technology automatically selects the most optimal fulfillment center, then delivers the best shipping rates based on their carrier network and guaranteed DDP options, allowing brands a truly seamless way to reach a global market.
  • ShipBobs DDP solution eliminates these post-purchase issues for a more streamlined approach to international order fulfillment, while reducing customer service inquiries.
  • ShipBob plans to expand DDP shipping from all global fulfillment centers by the end of this year.