Sygnus Deneb Investments Limited (SDI) has acquired a 42.2% stake in B2B logistics services provider CS&T. The private equity investment company said in a Friday (Dec. 16) press release that the investment will help CS&T to continue its strategic expansion and broaden its service offering...
Supply chain financing is going green as businesses worldwide work toward their sustainability goals. The increasingly popular practice, known as “sustainable supply chain finance,” entails assessing and providing loans that take into account suppliers’ environmental, social and governance (ESG) performance. For large corporations, it is...
The future of freight, logistics and the supply chain lies with digitization and online platforms. That’s according to freight booking and payments firm Freightos, which filed its F-4 with the Securities and Exchange Commission (SEC) Dec. 9 as it aims to list on the public...
With the U.K.’s food security at risk, SMBs can help create more resilient supply chains. The U.K.’s National Farmers’ Union (NFU) has warned that a nationwide egg shortage could soon boil over into a wider food supply crisis. Citing soaring fertilizer, animal feed and fuel...
Transportation payments platform TriumphPay and logistics company Schneider National are expanding their relationship. The Dallas-based TriumphPay said in a news release Wednesday (Nov. 30) it was adding Schneider to its open payments network. “When Schneider adopts new technology, the rest of the industry follows,” TriumphPay President Melissa...
In Egypt, small firms, including mom-and-pop stores, make up about 90% of local food and grocery sector, with the “Walmarts and the Walgreens of Egypt only representing a very tiny portion of the market,” says Belal el Megharbel, co-founder and CEO at Cairo-based business-to-business (B2B)...
Kenyan supply chain and logistics tech startup Leta announced the close of a $3 million pre-seed equity round in a Wednesday (Nov. 23) press release. Participants in the round include 4Di Capital, Chandaria Capital, Chui Ventures, PANI, Samurai Incubate and Verdant Frontiers Fintech. Founded in...
B2B supply chain digitization platform Inxeption has launched operations in Frankfurt, Germany, to enhance its service to customers in Europe and to complement its presence in Southeast Asia and India. The company has also named a senior vice president of international business development in Europe:...
Supply chain and business process management company Corbus and procurement service provider GIS International have formed a strategic partnership and said they will offer their clients more effective and efficient supply chain management. With the partnership, the companies will offer complementary procurement and supply chain...
