Parcel Service Inc. has reached agreement to acquire TNT Express N.V., in an all-cash offer valued at approximately $12.56 per ordinary share. Total value of the transaction was set at $6.77bn.
California-based auto glass wholesaler Mygrant Glass is eliminating the need for paperwork for delivery verification, by equipping its drivers with mobile RFID interrogators that read passive EPC Gen 2 ultrahigh-frequency (UHF) RFID tags on the products being delivered, and then forward that information to Apple iPads.
When Amazon announced its $775m cash deal to buy Kiva, a robot automation fulfillment center player, it put many of its existing retail clients in a bind. This includes current Kiva clients - Walgreens and Saks, among others - plus other recent (and possibly current) customers, such as Gap, Crate & Barrel, Staples, Dillard's, Toys 'R' Us and Office Depot.
Increasing real-time visibility is key to achieving greater efficiencies in logistics management practices. As all goods often go through multiple yards throughout the lifecycle, any inefficiencies or errors in the yard are amplified as the effects propagate through the supply chain network.
The latest news, analysis, services and solutions regarding warehousing and distribution systems and their impact on global supply chains. Today’s companies are moving goods across more suppliers, vendors and customers than ever before, and warehouses are critical points in the overall supply chain. New technologies in warehouse management systems (WMS), automation, robotics, RFID and order fulfillment are transforming the way companies do business — and allowing them to stay ahead of the competition in their industries. As these solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are improving supply-chain operations through their strategic use of warehousing and distribution services.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.