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Topic: News


Columbus-based Vargo opens suburban Cincinnati office
Company promotes Bart Cera to president, names new CFO and hires 11 new associates.

Ultimation Industries is finalist for Amazon’s Woman-Owned Small Business of the Year Award
Chosen from among 1,300 entrants, the provider of large conveyor systems recently expanded into smaller, ‘quick ship’ products and systems that are sold through their website and in Amazon’s stores.

Deloitte: Faced with economic and trade threats, CPOs pressured to cut costs
Respondents cited an economic downturn as the No. 1 ris, with 46% identifying it as a top risk impacting procurement and 70% indicating they are very likely to cut costs over the next year.

Honeywell announces creation of Pittsburgh-based Honeywell Robotics
Advanced technology center a significant investment in partnerships with software vendors, universities, startups and incubators to create new solutions for industrial customers.

Exhibit sales are open for the return of ProFood Tech
Three-day event spans nearly 120,000 net square feet of exhibit space and is expected to draw 450 of the top processing suppliers.

Report: Conveyor system market to amplify at a CAGR of 5% from 2019-2029
The global market research study on conveyor system projects that the belt conveyor systems will remain prominent in terms of market value shares through 2029, whereas in terms of growth rate, the roller conveyor systems are likely to lead the way in global conveyor system market.

LLamasoft acquires Opex Analytics
The acquisition creates a combined company that will offer productized applications and innovative solutions to global organizations to accelerate adoption of artificial intelligence (AI) and other advanced analytics capabilities to improve decision making.

First GS1 Trace-a-thon awards top prize to creator of supply chain traceability solutions
During the two-day event, more than 80 hackers on 18 teams competed to create solutions that applied GS1 Standards to technologies including blockchain, machine learning, artificial intelligence (AI) and others.

Zebra study: Record number of enterprises becoming ‘intelligent’ with growing IoT investments
Retail organizations have gained the most momentum in the last 12 months, moving from the bottom of the 2018 vertical Index rankings to the top, second only to healthcare.

Raymond founder inducted into 2019 Supply Chain Hall of Fame
George Raymond Sr. was instrumental in developing the first electric, narrow aisle lift truck, the double-faced wooden pallet and the hydraulic hand pallet truck.

MHI releases new report on the economic impact of materials handling
This report explores the relationship between material handling and wider economy of the supply chain.

Mac Rak joins Rack Manufacturers Institute as associate member
Mac Rak looks to aid in the creation of meaningful, practical standards and procedures related to proper pallet rack repair with this new membership.

Shopify completes acquisition of 6 River Systems
The transaction adds 6 River Systems’ cloud-based software and fleet of collaborative mobile robots called “Chuck” to the Shopify Fulfillment Network, accelerating its growth.

September shipments slip, reports Panjiva
September shipments, at 1,037,316, were off 1.7% annually, and on a year-to-date basis, shipments through September, at 9,252,633, are up 1.2% compared to the first nine months of 2018.

Registration opens for Pack Expo East 2020
Attendee registration for PACK EXPO East 2020 (March 3-5; Pennsylvania Convention Center, Philadelphia) is officially open, according to the show producer, PMMI, The Association for Packaging and Processing Technologies.

CRAV.ai conference highlights collaborative robots, advanced vision and artificial intelligence
Event to host more than 500 automation experts and and professionals who want to explore how to grow their business with the latest trends and innovations.

Tosca to acquire Polymer Logistics
North American provider of reusable packaging and supply chain solutions acquires a reusable packaging specialist with locations across the U.S., the U.K. and Continental Europe.

ProMach acquires Grip-Pak
Grip-Pak is an established source of beverage packing supplies and promotional products.

Softeon announces investment from Warburg Pincus
Investment to Fuel Expansion with a Continued Focus on Customer Service Excellence

September retail sales see annual gains
Commerce reported that September retail sales, at $525.6 billion, were off 0.3% compared to August will rising 4.1% compared to September 2018. NRF reported that September retail sales were off 0.1%, from August to September, on a seasonally adjusted basis and up 4.5% on an unadjusted basis annually.


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