IT Suppliers
Descartes Systems Group has spent about US$220 million on two logistics technology acquisitions in eight days, adding freight brokerage transportation management and 3PL warehouse fulfillment capabilities to its Global Logistics Network.
The company acquired California-based Extensiv for about US$120 million Sept. 1, following its US$100 million acquisition of Tai Software announced Aug. 24. The transactions are Descartes' fifth and fourth acquisitions of 2026, respectively, and its 35th and 34th since 2017.
Tai ...
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Descartes Systems Group has acquired freight brokerage technology provider Tai Software for about US$100 million, expanding its transportation management capabilities and adding shipment and carrier execution data to its Global Logistics Network.
California-based Tai provides an AI-enabled transportation management system for freight brokers covering truckload, less-than-truckload, ...
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Einride and DAF Trucks are partnering to integrate autonomous-driving technology into DAF electric trucks, moving the companies toward eventual commercial deployment of SAE Level 4 autonomous electric freight vehicles.
The companies will initially work with Dutch research institute TNO to define and test integration of Einride's ...
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Enterprise AI startup Freehand has raised US$75 million to expand deployment of autonomous artificial intelligence agents designed to manage supply chain spending, procurement and invoice processing for large global manufacturers and retailers.
The Series B financing was co-led by Battery Ventures and NewRoad Capital Partners, with ...
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Cargo iQ has restructured its board to give airlines, freight forwarders and ground handling companies more balanced representation as it pushes wider adoption of its air cargo quality standards across the supply chain.
Three new members joined the board: Jeanne-Mari Reardon, vice president air product EMEA ...
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GEODIS has introduced electric delivery vehicles for last-mile operations in Vietnam, becoming one of the first logistics providers to deploy electric-powered urban distribution in the country.
The initiative supports business-to-business and business-to-consumer deliveries for luxury and retail customers in Ho Chi Minh City using VinFast EC ...
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By Jordan Kass
When Transportation Management Systems first emerged in the 1990s, shippers were excited about the promise of technology that could operate their supply chains. But as with all tech tools, they quickly realized these systems weren’t exactly the easy button they hoped for. A ...
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The rapid expansion of artificial intelligence is reshaping investment priorities, with capital increasingly flowing toward the physical infrastructure needed to support AI rather than the applications themselves, according to a new Baker Tilly report.
The firm’s Investment Monitor: AI & Digital Infrastructure concludes that data centers, ...
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FedEx is urging customers importing regulated consumer products into the United States to begin preparing now for the Consumer Product Safety Commission’s (CPSC) mandatory electronic filing requirement, warning that delays in establishing product records could slow customs clearance once the rule takes effect July 8.
In ...
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Federal authorities have arrested a California resident and chief executive of an Iranian technology company on charges he orchestrated a years-long scheme to acquire and ship U.S.-origin networking, security and encryption equipment to sanctioned Iranian nuclear and military entities.
The U.S. Department of Justice said Jamshid ...
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