NOTED
> M & A
> SEALED DEALS
• Retail and supply chain planning and optimization software company ToolsGroup has been selected by RISI, a leading Spanish snack brand, to help transform its supply chain operations, strengthen retail partner relationships, accelerate business growth, and maximize customer satisfaction. • Nissan Motor Company has partnered with project44 to enhance its resilient global logistics network. The automotive company will use the Movement by project44 platform to gain end-to-end supply chain visibility and improve operational ef ciency by quickly mitigating disruptions.
n Global materials handling specialist Alstef Group acquired warehouse automation solutions provider Solution Net Systems (SNS). n The Allen Lund Company, a transportation and logistics provider, has completed its acquisition of United World Transportation , a freight brokerage based in Canada. n EFL Global, a logistics and supply chain solutions provider, purchased Locher Evers International , a family-owned Canadian logistics company oering a full suite of logistics services. n Descartes Systems Group acquired the assets of Localz, a technology platform to help engage with customers on the day they’re having goods or services delivered. n Everstream Analytics purchased BlueNode, which automates the enrichment of intermodal logistics data with an AI-powered cleansing and integration engine. The solution helps streamline logistics and facilitates carbon emission measurement and reporting for the maritime corridor.
• Canada-based home and commercial services and energy solutions company Enercare has selected IFS Cloud for Service Management, together with the IFS Planning and Scheduling Optimization software, to streamline service operations and eld productivity.
> UP THE CHAIN
• GreyOrange named co-founder Akash Gupta as chief executive of cer. Gupta leads GreyOrange’s senior executive team to advance growth of the company’s automation solutions platform.
• MODE Global promoted Gene Welsh to chief transportation of cer. He previously served as senior vice president of international. As CTO, Welsh will have oversight and accountability for all transport modes.
Old Dominion Freight Line's Board of Directors elected Christopher J. Kelley, who currently serves as the company’s vice president of the Central States Region, to serve as the company’s senior vice president of operations.
n NFI acquired SDR Distribution Services, a
multichannel provider of custom warehousing and distribution solutions in Canada and the United States.
> IN MEMORIAM
• Graham Connor, a preeminent veteran of the pallet industry, has passed away. He was in the industry for 40 years, including 20 years at CHEP and nearly one decade as the president and chief operating of cer of PECO.
n Papé Material Handling acquired Globe-Bay Area Forklift. Former Globe-Bay Area Forklift customers will gain access to Papé's extensive selection of forklifts and other material handling equipment.
June 2023 • Inbound Logistics 15
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