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SPS Commerce Acquires Traverse Systems

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星期四, 五月 9, 2024

SPS, Entrepreneurship, Acquisition, SPS Commerce, Commerce, SPSC, Software as a service, Online shopping

MINNEAPOLIS, May 09, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced the acquisition of Traverse Systems, an industry leading SaaS platform that provides retailers and their merchandise suppliers a unified view of supply chain performance to improve collaboration and enhance the consumer experience.

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MINNEAPOLIS, May 09, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced the acquisition of Traverse Systems, an industry leading SaaS platform that provides retailers and their merchandise suppliers a unified view of supply chain performance to improve collaboration and enhance the consumer experience.
“Retailers and suppliers using our leading retail network are continuously seeking to improve supply chain performance,” said Chad Collins, CEO of SPS Commerce.
“Traverse Systems' expertise and proven track record in driving more streamlined collaboration between trading partners will benefit SPS customers and expand our capabilities in retail supply chain optimization.”
“We believe by combining Traverse Systems’ unique product offering with the SPS Commerce retail network, we can better enable retailers and their trading partners to seamlessly and effectively co-operate to meet consumer demand, reduce inefficiencies, and increase revenue,” said Greg Holder, Co-Founder and CEO of Traverse Systems.
Under the terms of the purchase agreement, SPS Commerce acquired Traverse Systems for approximately $25 million in cash and $4.3 million in SPS Commerce stock.

SPS Commerce Reports First Quarter 2024 Financial Results

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星期四, 四月 25, 2024

SPS, CFO, Investment, Uncertainty, Commerce, SPS Commerce, Adjustment, SPSC, GAAP, Growth, Security (finance)

MINNEAPOLIS, April 25, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced financial results for the first quarter ended March 31, 2024.

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MINNEAPOLIS, April 25, 2024 (GLOBE NEWSWIRE) -- SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, today announced financial results for the first quarter ended March 31, 2024.
Revenue was $149.6 million in the first quarter of 2024, compared to $125.9 million in the first quarter of 2023, reflecting 19% growth.
Adjusted EBITDA for the first quarter of 2024 increased 20% to $44.4 million compared to the first quarter of 2023.
“SPS’ vast network and go-to-market strategy are unique differentiators of our business model, evidenced by our strong channel partnerships and longstanding customer relationships,” said Chad Collins, CEO of SPS Commerce.

20/20 Onsite Launches ‘Vision for Southbridge’ Program to Provide Eye Care to All Southbridge, MA Public Schools

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星期一, 四月 29, 2024

The ‘Vision for Southbridge’ program brings eye care to students in their schools.

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The ‘Vision for Southbridge’ program brings eye care to students in their schools.
All students in participating schools are eligible to receive eye exams at no cost to them, regardless of their insurance coverage.
“I am very grateful to the Health Foundation of Central Massachusetts and 20/20 Onsite for bringing this powerful program to the students enrolled in Southbridge Public Schools.
The Health Foundation of Central Massachusetts Board of Directors approved a $55,000 grant to support the Vision for Southbridge program.

Rio Tinto releases first quarter production results

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星期二, 四月 16, 2024

In the Pilbara, we produced 77.9 million tonnes (Rio Tinto share 66.1 million tonnes) in the first quarter, 2% lower than the corresponding period of 2023.

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In the Pilbara, we produced 77.9 million tonnes (Rio Tinto share 66.1 million tonnes) in the first quarter, 2% lower than the corresponding period of 2023.
Shipments of 78.0 million tonnes (Rio Tinto share 66.1 million tonnes) were 5% lower than the first quarter of 2023.
Kennecott mined copper production was 7% higher than the first quarter of 2023 but 32% lower than the previous quarter, primarily, due to unplanned conveyor downtime.
All currency figures in this report are US dollars, and comments refer to Rio Tinto’s share of production, unless otherwise stated.

SPS Commerce Announces Purchase of Vision33’s SAP Business One (SAP B1) SPS Integration Technology

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星期三, 四月 10, 2024

Networks, Supply Chain Management, Retail, Technology, Software, SPS, News, Superior, EDI, Environment, Automation, Commerce, SPS Commerce, SPSC

SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, acquired SAP B1 SPS Integration Technology from Vision33, an expert in EDI system automation.

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SPS Commerce, Inc. (NASDAQ: SPSC), a leader in retail supply chain cloud services, acquired SAP B1 SPS Integration Technology from Vision33, an expert in EDI system automation.
“We are pleased to welcome Vision33’s SAP B1 SPS integration employees to our growing team of retail management experts,” said Chad Collins, CEO of SPS Commerce.
“Today’s complex environment means it’s critical for retailers and suppliers to build a resilient supply chain – and automation is a key component to doing so.
Collins continued: “SPS Commerce and Vision33 share a commitment to delivering a full-service customer experience, including market-leading technology and access to industry experts.

Conquering Southeast Asia: Farasis Energy Set to Shine at Indonesian Two-Wheeler and Automotive Expos

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星期五, 四月 26, 2024

SPS, Motorcycle, Safety, Exhibition, Radar horizon, RADAR, Research, Transport, NEVS, Original equipment manufacturer, EV, Battery swapping, Geely, Jakarta International Expo, NCM, Electric battery

During the exhibition, strategic cooperation agreements will be signed with customers to accelerate Farasis Energy's expansion into Southeast Asia.

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During the exhibition, strategic cooperation agreements will be signed with customers to accelerate Farasis Energy's expansion into Southeast Asia.
Currently, Farasis Energy has cooperated with leading Battery Swapping operators and motorcycle OEMs in Southeast Asia, such as Indonesia and Thailand, demonstrating excellent battery performance through comprehensive testing.
Farasis Energy (688567.SH) is a global leader in pouch power batteries, specializing in research, development, production, and sales of power battery systems for new energy vehicles and energy storage.
The company is committed to providing leading-edge and green solutions for global new energy applications.

Roger Bohnert leaves USDOT to lead Surface Transportation Strategies at bespoke consultancy

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星期二, 四月 23, 2024

SPS, USDOT, Transport, Policy, Consultant, Society, DOT, Private sector, Aviation

Strong Port Strategies is one the nation's leading maritime, surface, aviation and intermodal transportation consultants

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Strong Port Strategies is one the nation's leading maritime, surface, aviation and intermodal transportation consultants
After serving over 20 years as a senior executive in the USDOT and 24 years in the U.S. Coast Guard, Roger Bohnert has become the firm's COO and President of Surface Transportation Strategies.
"Until today, we could claim that we were one the nation's leading maritime, aviation and intermodal transportation consultancies," says Lauren Brand, CEO of Strong Port Strategies.
In addition to surface transportation, Roger has a great deal of experience in maritime administration, intermodal development and national security.
Leveraging the knowledge of three of America's foremost experts in maritime, aviation, surface and intermodal transportation, Strong Port Strategies provides unparalleled technical expertise and strategic insight into transportation policies, programs, grants and funding opportunities.

Aker BP: Hanz on stream

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星期一, 四月 22, 2024

SPS, OTCQX, Ivar Aasen, Utsira High, Partnership, Plan, Water, Edvard Grieg, PDO, CO2, NCS, Renewable energy

STAVANGER, Norway, April 22, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) is pleased to announce that production has started from Hanz in the North Sea.

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STAVANGER, Norway, April 22, 2024 /PRNewswire/ -- Aker BP (OSE: AKRBP) (OTCQX: AKRBF) (OTCQX: AKRBY) is pleased to announce that production has started from Hanz in the North Sea.
Hanz is operated by Aker BP, with Equinor and Sval Energy as partners.
Hanz is a subsea field development tied into the Ivar Aasen platform about fifteen kilometres further south.
Production start from Hanz in 2024 will help us maintain good production from the Ivar Aasen platform," Hersvik adds.

Southeast Seattle Schools Collaborative Fundraiser seeks community support to raise funds

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星期日, 四月 21, 2024

SPS, Learning, School, Parent, Student, Seattle Public Schools, Friends, Washington State, Lotus, PTA, PTAS, Patent, Social justice, K-8, Tutoring

SEATTLE, April 21, 2024 /PRNewswire-PRWeb/ -- The fourth annual move-a-thon fundraiser, led by Southeast Seattle Schools Fundraising Alliance, will kick off on Monday, April 22, and run (literally!)

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SEATTLE, April 21, 2024 /PRNewswire-PRWeb/ -- The fourth annual move-a-thon fundraiser, led by Southeast Seattle Schools Fundraising Alliance, will kick off on Monday, April 22, and run (literally!)
) through Friday, May 3, to benefit approximately 7000 students attending 17 elementary, K-8 and middle schools in District 7 of Seattle Public Schools.
The collaborative fundraising effort aims to raise $500,000 for schools who have historically been unable to raise the kind of funds typically generated by parent organizations elsewhere in the district.
This year, the Southeast Seattle Schools Fundraising Alliance will again engage students in participating in a bingo board-based move-a-thon to raise money.

Orbit International Reports Consolidated Bookings for the First Quarter 2024 of Approximately $12,700,000

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星期四, 四月 4, 2024

SPS, Growth, VPX, Binder, OEG, Disclosure, Electronics, News, OPG, AC, Engineering, COTS, Federal

HAUPPAUGE, N.Y., April 04, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for the first quarter of 2024 were approximately $12,700,000.

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HAUPPAUGE, N.Y., April 04, 2024 (GLOBE NEWSWIRE) -- Orbit International Corp. (OTC Expert Market:ORBT), an electronics manufacturer and software solution provider, today announced that consolidated bookings for the first quarter of 2024 were approximately $12,700,000.
Deliveries for these orders have already commenced and are expected to continue through the first quarter of 2026.
Bookings for the quarter were attributable to strong bookings from both the Company’s Electronics Group (“OEG”), which include its Simulator Products Solutions LLC (“SPS”) subsidiary, and its Power Group (“OPG”).
Mitchell Binder, President and CEO of Orbit International commented, “We are pleased to report a very strong start to the 2024 year with consolidated bookings for the first quarter of approximately $12,700,000.