Opinion: Using Predictive Analytics for More Efficient Supply Chains
Logistics companies depend greatly on accuracy, timeliness and efficiency to meet distribution and customer demands. The use of predictive analytics, however, is changing the game for this industry because of its ability to determine real-time patterns, track data and anticipate these demands to streamline operations.
MUFG Union Bank to Acquire Trade Payable Services
Mitsubishi UFJ Financial Group Union Bank, a subsidiary of MUFG Americas Holdings, will acquire Trade Payable Services, a supply chain finance platform, from GE Capital, per a Jan. 16 press release. Terms were not disclosed.
January 24, 2019Eclipse IA Announces Merger With On Time Staffing
Eclipse IA, a productivity-based staffing solutions provider for the supply chain industry, has announced a merger with On Time Staffing, along with its People Logistics division.
January 22, 2019Oaktree Capital Invests $450 Million in Rail Transportation Firm Watco
Oaktree Capital Management is investing $450 million and forming a strategic partnership with Watco Cos., a privately owned company that provides a broad range of rail transportation services in North America and Australia.
Opinion: The Benefits of a Data-Driven Supply Chain
Methods such as Statistical Process Control, Lean and Six Sigma have been in use for decades, helping manufacturers maximize the efficiency and reliability of their processes. But when it comes to complex, global supply chains, a lack of data has limited the effectiveness of these tools.
Uber Freight Adds Analytics Tool for Shippers
Uber Freight has launched a new data analytics feature designed to help shippers pinpoint problem areas within their supply chains and take action to improve efficiency.
AIT Worldwide Logistics Acquires ConneXion
AIT Worldwide Logistics, a supply chain services provider, has acquired ConneXion World Cargo, a freight forwarder based in London.
December 11, 2018Crowley Merges Liner Services Unit Into Crowley Logistics
Crowley Maritime Corp., a provider of marine solutions, energy and logistics services, announced it would complete the merger of its liner services group into Crowley Logistics come Jan. 1.
November 30, 2018Turvo Raises $60 Million in Series B Funding
Turvo, a collaborative logistics platform, announced Nov. 8 it had raised $60 million in Series B funding.
November 15, 2018Seldat Opens Two New Warehouses in Canada
Seldat, a supply chain services and technology solutions company, announced Oct. 23 that it had opened two warehouses in Canada.
November 8, 2018