NOTED [ IN FOCUS ]
The Supply Chain in Brief
> GOOD WORKS
> M & A
Atlantic Logistics launched Atlantic Cares, a volunteer and philanthropy
n Mediterranean Shipping Company (MSC) finalized its acquisition of Bolloré Africa Logistics, which includes the firm’s shipping, logistics, and terminals
initiative. Throughout 2022, the company will contribute one dollar for every load of freight moved and send the funding each month to a different local nonprofit, including Feeding Northeast Florida, Seamark Ranch, Ronald McDonald House, and others. CMA CGM Foundation, the charitable arm of global shipping firm CMA CGM, is teaming up with Magic Systems Foundation to build an elementary school in Ivory Coast, Africa, that will welcome 200 children in fall 2022. The two foundations are committed to bringing high-quality educational facilities to under-resourced regions.
operations in Africa, as well as terminal operations in India, Haiti, and Timor-Leste.
n Supply chain services firm Agility made an offer to acquire aviation firm John Menzies LLC. If approved, the merger will result in the largest airport services company in the world by the number of operating countries. n Toyota Industries Corporation acquired Viastore Group , a provider of intralogistics systems, in order to boost its offering of customer-specific solutions for product categories such as forklifts and automatic sorting systems. n Hy-Tek Holdings, a materials handling automation integrator, acquired two firms: FASCOR, a supply chain execution software solutions provider, and Systems Integrator LCS. The acquisitions will help Hy-Tek broaden its offerings in materials handling and integrated systems. n STG Logistics expanded its position in containerized logistics through the acquisition of XPO Logistics' intermodal division. The combined business offers drayage, transloading, warehousing, fulfillment, rail transportation, and final- mile distribution services.
> GREEN SEEDS
• J.B. Hunt Transport Services launched CLEAN Transport, a program to help customers offset carbon emissions based on lane-specific activity. J.B. Hunt provides participants with data showing the amount of carbon offsets needed to achieve a carbon-neutral shipment and to obtain carbon credits to support projects such as reforestation and clean power generation.
> SEALED DEALS
• DHL was selected as the official logistics partner of the Council of Fashion Designers of America. The partnership aims to strengthen the global reach of fashion businesses around the world.
• SIG plc, a European supplier of specialized building materials, chose a last-mile delivery solution suite from Descartes Systems Group. As a result, SIG increased on-time-in-full deliveries by 10-15% and boosted the volume of deliveries by 25% using its existing fleet. • Hawaii’s largest grocery retailer, Foodland, chose Symphony RetailAI ’s artificial intelligence-based solutions to modernize core retail activities including supply chain optimization, promotion planning, and store operations.
20 Inbound Logistics • May 2022
Powered by FlippingBook