NOTED [ IN FOCUS ]
The Supply Chain in Brief
> GREEN SEEDS
> M & A
• Container shipping company A.P. Moller-Maersk plans to achieve net zero emissions by 2040, one
n Logistics technology company ecovium and warehouse management system provider Mantis Group merged under the umbrella of ecovium Group. n North American tank truck transporter and logistics provider The Kenan Advantage Group acquired K-Limited Carrier , an Ohio-based liquid bulk transporter of chemical products. n Blume Global , a provider of end-to- end supply chain visibility technology solutions, acquired LiveSource , a multi- enterprise supply chain business network for complex manufacturers. n RLS Logistics , a third-party cold chain logistics provider, acquired Michigan- based Hutt Trucking and Logistics and Utah-based Performance Cold Storage . n Supply chain solutions provider J.B. Hunt Transport agreed to acquire the assets of LTL transportation services provider Zenith Freight Lines , a subsidiary of Bassett Furniture. n Ascend , a full-truckload dry van carrier, acquired Dedicated Transport Solutions , a South Carolina-based transportation company. n Fortna , an engineering services and software company for warehousing, acquired Optricity , a warehouse optimization software company.
decade earlier than previously announced, as shipper demand for green transportation rises. The target now covers not only the company's vessels, but its entire business, including indirect emissions. A.P. Moller-Maersk has ordered 12 vessels that run on carbon-neutral methanol and aims to transport one-quarter of its seaborne freight using greener fuels by 2030. • Materials handling systemmanufacturer Rite-Hite recently installed 900 roof-mounted solar panels on its global headquarters project. The solar panels are one of several green elements used in constructing the 9.5-acre campus, others include DuctSox fabric ductwork and underfloor air dispersion systems. • Sustainability insights platform Higg introduced new performance benchmarks for consumer goods manufacturing. Users can compare their environmental and social impact internally and against industry peers, enabling them to build comprehensive environmental and social governance programs. The platform offers performance measurement across carbon, water, waste, and working conditions.
> GOOD WORKS
• Atlantic Logistics introduced a volunteer and philanthropy initiative called Atlantic Cares, a formal program that grants paid workdays to employees for helping those in need. The company contributes one dollar for every load of freight moved in 2022, and each month a different organization will be chosen for a donation, such as Toys for Tots ( pictured ).
• In its largest-ever contribution, truck drivers and other employees at Averitt Express raised more
than $1 million in 2021 for St. Jude Children’s Research Hospital. This is the third consecutive year Averitt has donated more than $1 million to the hospital. In addition to employee contributions, the company makes contributions in honor of associates' accomplishments, life events, and participation in community service projects.
16 Inbound Logistics • February 2022
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