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Month: March 2022

Toyota achieves EcoVadis Platinum sustainability rating

Posted on by David Priestman

EcoVadis has given Toyota Material Handling Europe the highest possible rating, Platinum, for the third year running. The sustainability assessment body recognised Toyota Material Handling Europe’s exceptional performance and transparency across four key appraisal areas, including labour and human rights, environment, ethics, and sustainable procurement.

More than 90,000 companies have undergone EcoVadis assessment, with Toyota Material Handling Europe ranking in the top 1% of all participants based on its aggregated score across the four metrics, achieving a Platinum rating as a result. Not only did Toyota Material Handling Europe meet the Platinum standard for the third year in a row, it also improved on its score from 2021, with an overall rating of 79 (up from 76).

In a further milestone for the company, 2022 marks the 10th anniversary of Toyota Material Handling Europe’s continuous assessment journey with EcoVadis. This focus on quantifying performance offers Toyota Material Handling Europe customers and partners maximum transparency on the company’s efforts and results across these key areas. This commitment to transparency is further reinforced by the fact that Toyota Material Handling Europe is assessed at both corporate and market level.

“Our mission is to generate a profit while respecting people and our planet,” commented Ernesto Domínguez, President and CEO Toyota Material Handling Europe. “As well as the corporate-level Platinum rating, five of our local entities also ranked in the top 1%, and 15 more ranked in the top 10% of 90,000 suppliers – showing how much responsible business practices are embedded at every level of our company. We will focus on making continuous improvements to retain our Platinum ratings in the years to come.”

Ambition grows in line with progress

Toyota Material Handling Europe has announced several sustainability milestones in the last year, including joining the UN Race To Zero and committing to Science Based Targets to bring its emissions in line with the Paris Agreement’s 1.5°C target, completing the switch to 100% renewable electricity, and announcing a 29% cut in overall emissions since 2012.

Its latest initiative is to introduce its proven sustainability methods externally with suppliers, using EcoVadis’s recently released carbon action module.

This assessment tool enables Toyota Material Handling Europe’s suppliers to complete their own assessment and receive a carbon rating. This rating is the outcome of a detailed analysis covering Scope 1, 2 and 3 emissions management, total energy consumption, and use of renewables.

Once the analysis is complete, the tool allows both the supplier and Toyota Material Handling Europe to work collaboratively to refine their strategies and improve from their emissions baseline.

This is expected to become a powerful tool in Toyota Material Handling Europe’s mission to reduce its Scope 3 emissions, incurred ‘upstream’ in its supply chain.

“Unlike most organisations, we communicated our target to reduce scope 3 emissions by 55% by 2031 at the same time as committing to develop our science-based targets,” said Domínguez. “We set our commitment based on the principle that we fully support the EU Fit for 55% agenda. We now have until October 2023 to work out with our customers, our suppliers and our 12,000 colleagues across Europe just how we will deliver our target to gain approval from the Science Based Targets Initiative.

“We achieve our high ratings through integrating sustainability into every part of our business, and we are looking forward to assisting our suppliers in adopting the same approach and meeting their own ambitious targets in line with ours.”

Fronius to host Open House in May

Posted on by David Priestman

Fronius UK will be opening the doors to its Technology Centre in Milton Keynes to unveil the latest innovative charging technology on offer for intralogistics, as it hosts its fifth Open House on 18th and 19th May 2022.

This is a real opportunity to explore the world of Fronius and to see up close the most recent advances in charging technology. Fronius has put together a wide variety of demonstrations across its range of products, solutions and applications and a programme of talks from specially selected guest speakers and industry partners. The event promises to be informative, hands-on and packed with fun, and whether you are looking to review your intralogistics processes, wanting to save on energy costs or simply find out what’s new, this is just the event for you.

When it comes to your warehouse and logistics operations, you are reliant on the availability and reliability of your MHE for the movement of goods. Essential to this is battery life, and this is largely defined by the charging process – a process that is often overlooked – but optimising it can save companies huge sums of money. With their unique and intelligent ‘Ri’ charging process, Fronius guarantee to save you on your energy costs across your forklift fleet – by up to 30%. With energy prices at an all-time high, if there was ever a time to review the efficiency of your charging operation, it’s now.

What’s new?

Higher power categories for heavy-duty applications – Fronius has recognised the increasing demand for electric forklift trucks for challenging heavy-duty applications. The battery charging specialist is expanding its Selectiva 4.0 product family to include powerful 96V and 120V models in order to help customers switch to sustainable, electric intralogistics systems for transporting high-tonnage goods.

New solutions for Lithium-ion batteries – the role of lithium-ion technology (Li-ion) in intralogistics is becoming increasingly important, and with good reason. Lithium-ion batteries are lightweight, have a long service life, are maintenance-free, extremely energy-efficient and have an impressive charging time of just a few minutes. All major forklift truck manufacturers now offer models with a lithium-ion battery. Fronius SelectION lithium-ion chargers offer a safe, efficient and flexible charging solution. Smart engineering by the highest quality standard ensures easy operations and reduced downtime. Thanks to its intelligent Fronius CAN protocol, a seamless and fast communication between the charger and lithium-ion battery is guaranteed.

Charge and Connect – Charge & Connect allows you to go beyond the limits of conventional charging. Increase the performance and efficiency of your intralogistics operation with this cloud-based software solution that provides real-time data and numerous analysis functions on your charging infrastructure. Combining technologically advanced chargers with a digital connectivity solution, helps you reduce energy costs, increase efficiency and minimise potential risks of downtimes.

So why not take advantage of this event to come and talk to Fronius and see some of the solutions it has on offer, whilst enjoying a schedule of entertainment, a hot lunch and refreshments throughout the day?

“The Open House is an ideal opportunity for people to visit our facility and gain an insight into the most advanced solutions available on the market.” Ross Adams, National Sales Director at Fronius UK comments, “We welcome visitors to bring their operating costs on the day and our team will be able to show them the potential savings available for their forklift fleet. We offer full solutions from single battery chargers to total system solutions including multiple charging modules and complete charging rooms, all complete with system monitoring.”

The days will also incorporate the company’s other two business units: Solar Energy and Perfect Welding. With the imminent energy price hikes, take the opportunity to look at the company’s industry leading solar products and services including its hybrid solar inverter that recently won first place for efficiency in the Energy Storage Inspection 2021 and its new powerful yet robust, project inverter for high yields, the Fronius Tauro. Fronius will also be demonstrating many of its manual, automated and robotic welding systems at the absolute forefront of welding technology.

Due to the success of its previous Open Houses, the company has made the decision to spread this year’s event across two days to allow everyone the time and space to observe demonstrations safely, provide time to speak to experts and try out products where possible. Fronius UK will welcome guests from 9:30am until 3:30pm on both days.

CLICK HERE to register to attend

Peruvian logistics firm adds reach stacker to fleet

Posted on by David Priestman

SAVAR, a leading logistics company in Perú, has accepted delivery of a new Konecranes reach stacker for its Los Ferroles site N°50 at the Port of Callao, in the capital Lima. The order of the equipment, distributed and supported by Trex, a leading lifting solutions company in in Perú, was booked in August 2021 and started operation in December of the same year.

With a total of eight facilities and around 1,000 employees in the Lima area, SAVAR runs a wide range of supply chain services, including customer brokerage, freight forwarding, temporary warehousing, transportation, loose cargo storage, distribution, last mile and most recently, e-commerce. Its maritime warehouses, customs warehouse and special projects require reach stackers to move containers and goods. As growth in international trade has significantly increased transit volume, it decided to expand its operational capabilities with an additional lift truck, and it felt that Konecranes could meet its requirements.

“We already had two Konecranes reach stackers lifting five containers high and a third one lifting six. Our figures clearly show that they’ve improved our efficiency,” says Javier Kuoman, Logistics Manager and co-owner of SAVAR. “With the new truck, we anticipate at least 15% increase in productivity as it also stacks six containers high, helping us to make the most of our available warehouse space. With a total of four Konecranes reach stackers working for us, we have the flexibility to serve every customer need.”

“This new delivery illustrates SAVAR’s trust in our ability to maintain consistently high quality over time as we adapt to their changing requirements,” says Andrés Ramirez, Sales Manager Latin America for Konecranes Lift Trucks. “Local agent Trex has been a close partner in the region for many years to us. Their outstanding after-sales support and knowledge of the market, together with the reliability and productivity of the Konecranes portfolio, have helped to build a strong relationship with SAVAR. We look forward to continuing our cooperation with both companies long into the future.”

The new reach stacker in Los Ferroles is a Konecranes SMV 4632 TC6H, a sturdy 46t machine that can stack up to a height of six high cube shipping containers. In addition, it is the first unit of this model to be manufactured in the Konecranes Markaryd factory. It was delivered in parts for easy transportation, and Trex Peru assembled and commissioned it on-site. Trex will provide SAVAR with specialised product support.

The truck features an OPTIMA cabin for comfort and visibility, a strong box-type chassis and a wide drive axle with a long wheelbase for high stability and safe handling. A low-emission engine, reduced fuel consumption and low noise levels minimise environmental impact. Smart systems integrate with TRUCONNECT Basic, allowing a remote and almost real-time view of truck usage and easier maintenance planning.

Seasonality returning to troubled timber sector

Posted on by David Priestman

There are early signs of wood availability returning to established seasonal patterns, according to the Timber Packaging & Pallet Confederation (TIMCON) – although significant challenges in the market remain.

The independent AFRY index reported the price of home-grown pallet timber decreased by a further 0.1% in February 2022. Historically, prices traditionally come down during Q1, before rising again as demand for fencing timber grows towards the summer – due to the series of powerful storms in February this market has already started to see demand increasing.

However, supply chain difficulties continue to impact on the sector, including strong demand for timber from competing markets; higher raw material costs; widespread shortages of staff; rising energy costs; fuel costs – not helped by the cessation of the use of red diesel throughout the sector; availability of nails; and ongoing severe availability and price issues in the shipping industry.

The developing conflict in Ukraine has created further instability, as detailed in a recent release from the European Federation of Wooden Pallet & Packaging Manufacturers (FEFPEB).

TIMCON President John Dye said: “After the past two turbulent years, the signs of more seasonal trade flows and predictability in the market are welcome. However, we are aware that the trading climate remains difficult, with ongoing pressures affecting the supply of timber.

“The tragic events in Ukraine have added a further challenge, with closed sawmills and generally disrupted trading with this source country impacting on usual wood supplies into Europe. Meanwhile, economic sanctions will have a significant effect on Russia and Belarus.

“TIMCON is monitoring this complicated and evolving situation and will continue to keep its members informed about the latest developments affecting timber pallet and packaging businesses.”

Global challenges and developments are among the topics that will be discussed in the forthcoming TIMCON general meeting, which is scheduled to take place in Manchester at the end of March.

Organisations confirmed to present latest timber sector developments at the event include COILLTE and CONFOR. The agenda will also cover the industry’s role as a leader in sustainable practices, as supply chains increase their emphasis on recovery and reuse of pallets.

“During the pandemic, TIMCON has demonstrated to its membership how vital it is for our sector’s businesses to be part of a strong industry association, which keeps them informed and equipped, and represents them on the national, and international, stage,” said Dye. “The excellent programme we have lined up for our general meeting is yet another part of our ongoing essential service to the sector. We are really looking forward to hosting it and discussing with members how we can support them further in the months and years to come.”

TIMCON retained close to 100% of its membership during the pandemic and it expects further members to join, particularly from the packaging segment of the industry.

UgoWork achieves Li-ion certification for forklifts

Posted on by David Priestman

UgoWork, a Canadian energy solutions provider specialised in lithium-ion batteries for industrial trucks, has announced that its 36V and 48V lithium-ion batteries are now certified UL 2580, the Standard for Batteries for Use in Electric Vehicles.

UgoWork worked with UL to obtain third-party, science-backed certification for its 36V (Class I and II) and 48V (Class I) lithium-ion batteries for electric forklift trucks and fleets. The products passed the meticulous tests, which include fire propagation testing, drop testing, vibration and shock testing, and crush testing. Achieving UL’s 2580 certification helps demonstrate to customers the scientific approach to confirming its solutions adhere to strict robustness and safety norms.

“Obtaining this certification, in addition to the certification for our 24V model, is once again the proof of our commitment to safety, where there’s no shortcut acceptable,” explained Philippe Beauchamp, UgoWork’s President and CEO. “Forklift manufacturers don’t mess around with safety, and we are extremely proud of all our recent approvals to better serve our clients who deserve the best, and the safest for their team members.”

UgoWork will showcase its latest innovations at MODEX in Atlanta, GA, on March 28-31.

LYDIA Voice becomes #1 Android voice solution

Posted on by Keith McKinley

Ehrhardt Partner Group (EPG) has seen its LYDIA Voice application take the crown as the world’s number one pick-by-voice solution on Android devices. Over the past 12 months, EPG has secured a number of major customers from across industry, including merchandise management, food and beverage, global retail giants and manufacturing. Thanks to these new implementations on Android devices, LYDIA Voice has now become the voice solution of choice.

EPG has sealed a number of major contracts in the past 12 months, with a number of global retailers and producers of general goods, food and specialities as well as beverages, healthcare products and industrial components now placing their trust in the innovative LYDIA Voice software.

“Our business in Europe has been growing solidly for many years, and last year we were also able to gain a number of large-scale US clients with global operations,” explains Tim Just, CEO Voice Solutions at EPG. “As such, we sold a huge amount of LYDIA Voice users to warehouses, distribution hubs and fulfilment centres. Given the number of Android devices that our clients use to run the LYDIA Voice software, our technology is now the world’s most frequently used pick-by-voice solution.”

The noticeable surge in implementations is due to the fact that LYDIA Voice has become the leading voice recognition technology, he explains. LYDIA Voice is the world’s only pick-by-voice solution to feature voice recognition based on neural networks and deep learning, therefore delivering outstanding results.

In combination with the VOXTER Vantage, the perfect hardware for LYDIA Voice, EPG offers the most advanced all-in-one package on the voice market. The mobile voice computer works in perfect harmony with the software and is based on an optimised version of the Android operating system. The device is designed to be used for 100% voice-controlled processes.

Alongside developing its own voice hardware, EPG also places a great deal of importance on device independence – an aspect that Just sees as additional driver behind the growth. The company’s close collaboration with Zebra Technologies also contributed to the growing success, he suggests.

“Unlike other suppliers of voice-controlled picking software who require customers to use their hardware, we give our customers the freedom and flexibility to choose the optimal device platform for their workflows and processes,” explains Just.

LYDIA Voice underwent successful testing on a variety of mobile devices offered by leading providers, such as Zebra and Samsung. Most devices support multi-modal use, meaning they can be used for various applications in different parts of a company. The advantage for companies is that it’s easier to manage, maintain and update even a high number of devices.

“Customers can continue using the hardware they already have and just implement the LYDIA Voice users on their existing Android devices, provided they support these voice applications. For many of our customers, this is a big advantage in terms of investment costs, administration and maintenance,” explains Just.

In addition to supporting various Android devices, LYDIA Voice can also be used in combination with the LYDIA VoiceWear picking vest, which eliminates the need for headsets. This offers additional important benefits that also contributed to the technology’s market dominance.

“With our patented LYDIA VoiceWear technology, we’re the only pick-by-voice provider to offer a reliable solution without headsets,” Just says. The smart solution further enhances the overall user experience for employees,” explains Just, noting how companies are having to work increasingly hard to attract and retain staff over the long term.

“LYDIA Voice delivers near-perfect voice recognition rates for over 50 different languages. Users of other voice applications are still faced with outdated, lengthy voice training sessions for each employee. But we haven’t needed anything like that for over a decade,” explains Just.

“That’s why LYDIA Voice offers huge benefits, especially at companies where staff speak many different languages or regional dialects. Our system delivers outstanding voice recognition performance, enabling new staff to be onboarded much faster – even if they don’t, or only partly, speak the official language.”

As part of numerous pilot projects, customers compared LYDIA Voice with older-generation voice solutions. “All users of the older systems confirmed that LYDIA Voice delivered a productivity boost of 8-15%,” says Just.

EPG customers who have switched to LYDIA Voice have all reported noticeable improvements in voice recognition and overall staff satisfaction. The technology also provides companies with flexibility in their deployment of seasonal and temporary workers. In addition, LYDIA Voice can be seamlessly connected to all ERP and WMS systems.

Partnership promises “new opportunities” for intralogistics

Posted on by David Priestman

A partnership between NAiSE and start-up company symovo is enabling the automation and robotisation of intralogistics.

The automation of intralogistics is becoming a growing need for companies. Due to the increase in the volume of work, the use of smart and multi-purpose AGVs is becoming more and more present. Intralogistics, as one of the departments of large companies, requires great efficiency, elimination of accidents, protection of employees, all means of transport and goods.

In the coming period, NAiSE and symovo will cooperate on many innovative projects and are currently working together to align the NAiSE Traffic product and symovo’s robotic system. This combination of products can lead each intralogistics to a new dimension of technology 4.0.

NAiSE is a company that offers three products for intralogistics: NAiSE Traffic (nominated for an IFOY Award in 2022), NAiSE Tracking and NAiSE Safety. They make intralogistics automated and completely safe for all participants in traffic, which leads to 30% more efficiency, and all this means 20% less costs for companies.

 

Major UK logistics hub approved

Posted on by Keith McKinley

Warrington Borough Council has approved developer Langtree’s planning application – subject to non-intervention by the Secretary of State – to develop a major new logistics hub in south Warrington, UK that will create more than 4,000 new jobs.

The £180m development, called Six56 Warrington, will provide approximately 3.1m sq ft of new warehousing and distribution space.  Its approval now unlocks £7.1m a year in new rates income for investment in local services by Warrington Council.

The development is on land bounded by junction 20 of the M6 and junction 9 of the M56 motorways. The application for the scheme followed a series of well-attended public consultation events which helped shape its final design.

The scheme will focus on providing space for logistics businesses, explained John Downes, Langtree’s group chief executive.  “It’s where the greatest demand lies and the jobs are much more diverse and better paid than people perhaps realise,” he said.

“The average salary in the sector is around £29,000 and in a scheme of this type there will be a wide variety of roles available, from entry-level up to senior technical and managerial roles. This development is about ensuring that Warrington remains a competitive and relevant economy as the world of work evolves.”

And, says Downes, it is Langtree’s ambition to ‘go one step further’, ensuring jobs in the local supply chain, too.

“The impact of our investment will be multiplied if we can engage local suppliers in the construction and operation of the scheme and we are committed to ensuring as many contracts as possible go to local firms,” added Downes.

New employment sites are needed to maintain Warrington’s position as one of the UK’s most successful local economies and continue its track record of attracting new employers and jobs to the area, the local council believes.

The scheme will now be referred to the Secretary of State to determine whether he intends to “call it in” for his own assessment.  Following approval there would be an intensive period of work involved before the construction of units could begin, including reserved matters applications, significant highway and transport improvements and public realm improvements in and around the site.

STILL establishes own 5G network

Posted on by David Priestman

In order to participate in various research projects, develop innovative products and implement a smart factory, the intralogistics provider STILL has now set up its own 5G network at its Hamburg headquarters.

Already today, we see largely autonomous transport vehicles in production halls and warehouses. However, their capabilities still remain inferior to those of humans, as many processes still need to be learned and are not intelligent in every respect. Therefore, many suppliers are striving to fill this gap and make vehicles even more intelligent.

This broader vision of autonomously driving transport vehicles, however, can only be realised with very powerful mobile networks in order to move large amounts of data safely, promptly and efficiently. For this reason, STILL, which has always been very intensively involved in the development of innovative logistics and production solutions, has now installed its own 5G-SA campus network at its corporate headquarters in Hamburg.

“This 5G network, with which we are once again underlining our innovativeness, as 5G is not yet widespread in industry today, will on the one hand help us to take autonomously running logistics processes to a new level for our customers,” says Ansgar Bergmann, STILL expert for data and networking, describing the most important reasons for installing the company’s own 5G network.

“To this end, we have already been participating in numerous international research projects for many years that explore the idea of Industry 4.0. On the other hand, we will optimise our production with super-fast data transmission technology. In future, wireless production robots and people will be able to work together smoothly there in the sense of the ‘smart factory’ thanks to fast wireless communication.”

Innumerable technological approaches

Particularly interesting, according to Bergmann, are the performance and reliability aspects of 5G, as it is a licensed frequency spectrum for the user. “These are interesting, for example, in indoor logistics when integrating driverless transport systems. The operator is thus better supported than was previously possible with WLAN. Entire AGV fleets can be coordinated in real time and the control and route data can be managed in an edge cloud of the company,” says the expert.

Further possible applications include robotics, collaboration between humans and machines, and imaging processes for environment recognition.

Numerous new scenarios

Industry 4.0 approaches are also noticeably boosted by 5G technology. This optimises the step from classic to fully automated systems because Industry 4.0 is primarily based on data technology processes, and it is precisely these that are supported by 5G. All systems and products in the field of automation, process transparency, pay per use, predictive maintenance or consulting will be further advanced by 5G.

New visions, especially those based on machine learning, for which this data transfer boost is targeted, will soon be implemented by STILL in real existing technology. To this end, the company is involved in numerous international research projects, such as the ARIBIC project. The aim is to make better use of the data that automated guided vehicles (AGVs) collect via their sensors and cameras during their journeys through the warehouse. For example, digital twins of the environment are created that process relevant information in real time.

“These processes generate enormous amounts of data that must be transmitted at a very high speed. Without our new 5G data network, some approaches are not even possible. The previous technologies are usually quite susceptible to interference, which makes our work more difficult,” says Bergmann.

New CampusOS flagship project

Only a few weeks ago, at the beginning of 2022, the CampusOS lighthouse project was launched, which will be funded by the Federal Ministry of Economics and Technology with €18.1m over the next three years. Its goal is to build a modular ecosystem for open 5G campus networks based on open radio technologies and interoperable network components. It is intended to help strengthen the digital sovereignty of German companies.

To this end, various scenarios of regular operation at industrial project partners are being evaluated. STILL is, of course, one of the participants. The technology company is testing and evaluating the low-latency and resilient control of vehicles and the transmission of videos at very high data rates.

Bergmann: “This will be the first time our new 5G network is put to the test and will be benchmarked against other solutions. I am quite sure, however, that our system will pass this test with flying colours. Through these activities, STILL will also expand its expertise to advise its customers in this field of technology.”

 

Forto secures $250m to accelerate international expansion

Posted on by David Priestman

Forto, a leading provider of digitised freight forwarding and supply chain solutions, has raised $250m in a pre-emptive Series D investment round led by Disruptive. Also participating in the round are existing investors including Softbank Vision Fund 2, G Squared, Northzone, Unbound, and A.P. Moeller Holding. The current round places the company valuation at $2.1bn.

According to Forto CEO and Co-Founder Michael Wax, this earlier-than-anticipated investment will further advance the company’s plans to enhance its offering for customers on a global scale. “We recognise that this is an exceptionally challenging period for many of our customers. As our business remains well-funded from our previous round in 2021, this new round will simply allow us to accelerate the execution of our existing strategy, particularly on our geographic expansion,” commented Wax.

“It will allow us to further widen our customer offer, bring our technology platform support to customers in new markets, and capitalise on new opportunities as they arise.”

The latest investment comes just eight months after a June 2021 announcement of a $240m investment round led by Softbank Vision Fund 2. The new funding builds upon the company’s significant financial position, with the total investment raised over $600m to date. This fresh commitment from both new and existing investors serves as a clear validation of the company’s vision, robust business model, and successful strategy, which are all focused on building better logistics and supply chain experiences.

Forto is using its digital platform to simplify interactions, remove process friction, and increase visibility around the supply chain — in turn empowering customers to make smarter commercial decisions. It strives to make the movement of goods around the globe simpler and more certain, while simultaneously helping the logistics industry become more sustainable.

Disruptive, a leading technology investment firm based in the United States (Austin, TX), explained the opportunity it sees in Forto: “the last few years have presented significant challenges and well-publicised uncertainty around the worldwide movement of goods. They have clearly highlighted the need for further visibility and control across the supply chain, and for Forto’s transformative solutions,” commented Alex Davis, CEO of Disruptive.

“Forto has significant potential to drive real change and improve global logistics experiences for customers across industries and touching all sectors of the shipping industry.”

Forto has a worldwide presence with offices across Germany and Asia (including Shanghai, Ningbo, Shenzhen, Singapore and Hong Kong). In 2021, the company expanded its European presence with offices in Copenhagen and Aarhus in Denmark, Madrid in Spain, Rotterdam in the Netherlands. It also opened an office in Ho Chi Minh City, Vietnam. In 2022, Forto plans to further expand its footprint to customers in Poland, Belgium, Sweden and southern Europe.

Forto will continue to grow the company, with the addition of further industry-leading expertise in technology and logistics and the expansion of the senior leadership team to underpin this growth. In addition to the appointment of logistics industry experts to lead its regional expansion efforts, Forto recently appointed Jochen Freese, formerly Chief Commercial and Marketing Officer for CEVA Logistics, as Executive Vice President of Procurement and Business Development.

The company will also continue to advance its work to make global trade more sustainable. It aims to make climate action easy for customers, which starts with visibility on emissions and information that empowers them to make impactful data-based decisions. The goal is for sustainable choices to become the default.

The transaction remains subject to statutory closing conditions and is expected to conclude in the next few weeks.

 

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