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RedPrairie Corp. is acquiring GEOCOMtms Inc., a company that provides optimization solutions for managing multiple-stop fleet scheduling. GEOCOMtms has offices in Quebec City and Atlanta. Its products and services will be rolled into RedPrairie's end-to-end (E2e) suite. … Evergreen America Corp. has changed its name to Evergreen Shipping Agency (America). The global carrier says the renaming is part of a global realignment of all of Evergreen's liner shipping services. … MTC International, a division of San Francisco-based MTC Holdings (Marine Terminals Corp.), has acquired a major stake in Transtainer S.A., a Chilean logistics company, and its subsidiary, Seaport S.A. … WhereNet, a provider of location systems and RFID solutions and a division of Zebra Technologies, has opened Asia-Pacific headquarters in Shanghai. The new office will serve its growing Chinese customer base. … FedEx Corp. has completed the acquisition of its Indian service provider, Prakash Air Freight Pvt. Ltd (PAFEX). PAFEX is one of the largest domestic express companies operating in India, with 384 offices and depots and a nationwide network that covers every major city in India. … INTTRA, the largest e-commerce platform for the ocean transportation industry, has opened new offices in Qingdao, Shenzhen, and Xiamen in China. … Also in China, Descartes has opened a new office in Shanghai. In addition, the company has announced that it will be providing logistics software solutions to Coca-Cola and IDS to support their regional supply chains in China. … Kewill Systems, a provider of supply chain control solutions, has acquired IPACS e-Solutions Group, a Singapore-based company offering logistics and trade solutions in Asia.

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Pickle Robot lands $50 million in VC for truck-unloading robots

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Gartner: GenAI set to impact procurement processes

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Those functions will redefine how procurement operates and significantly impact the agendas of chief procurement officers (CPOs). And 72% of procurement leaders are already prioritizing the integration of GenAI into their strategies, thus highlighting the recognition of its potential to drive significant improvements in efficiency and effectiveness, Gartner found in a survey conducted in July, 2024, with 258 global respondents.

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