FedEx to Offer Access to AI-Powered Post-Purchase Solutions for Enterprises
Businesswire· 2026-02-02 15:00
Core Insights - FedEx is enhancing its digital tracking and returns capabilities with AI-powered solutions to improve post-purchase experiences for enterprises [1] Group 1: AI-Powered Solutions - FedEx is launching FedEx Tracking+ and FedEx Returns+, which are AI-enhanced tools designed to automate customer support and improve operational efficiency [1] - Key AI features include automated returns policy adjustments, pattern detection in delivery data, and performance insights to monitor trends [1] - Brands using these solutions have reported a 42% reduction in "Where is My Order" inquiries and an 85% increase in customer retention [1] Group 2: Customer Experience and Revenue Impact - The 2026 FedEx Returns Survey indicates that 67% of consumers consider a retailer's return policy when making purchases, highlighting the importance of convenient return options [1] - Intelligent return experiences can lead to three times more repeat purchases and a 60% increase in average order value [1] - AI tools for returns are currently used by 37% of business shippers, with 51% planning to adopt them in the future, reporting up to 85% forecasting accuracy [1] Group 3: Corporate Developments - FedEx appointed Scott Ray as COO for U.S. and Canada Surface Operations, effective June 1, 2026 [2] - The company announced a ten-member board of directors for the upcoming independent FedEx Freight, with R. Brad Martin as chairman [2] - FedEx filed a Form 10 registration statement with the SEC for the planned spin-off of FedEx Freight, indicating progress towards its launch [2]
Richard Cullen Joins the TowneBank Corporate Board of Directors
Globenewswire· 2026-02-02 15:00
Richard Cullen Richard Cullen joins the TowneBank Corporate Board of Directors SUFFOLK, Va., Feb. 02, 2026 (GLOBE NEWSWIRE) -- TowneBank (Nasdaq: TOWN) is pleased to announce the appointment of Richard Cullen to its Board of Directors. Mr. Cullen has enjoyed a distinguished legal career with decades of experience in both public service and private practice. Most recently, Mr. Cullen served as Counselor to Governor Glenn Youngkin during his term in office from 2022 to 2026. Other notable public service ...
Firms Moving to SAP S/4HANA Prioritize Short-Term Stability Over Long-Term Transformation: ISG Study
Businesswire· 2026-02-02 15:00
Core Insights - Enterprises migrating to SAP S/4HANA are prioritizing short-term stability over long-term transformation, which may hinder their ability to leverage automation, analytics, and AI effectively [1] - A significant disconnect exists between companies' transformation ambitions and their actual adoption practices of S/4HANA, with fewer than 20% re-implementing SAP processes and technology during migration [1] - Nearly 49% of organizations perform little or no re-engineering, opting to maintain legacy processes and data, which can limit future operational gains [1] Migration Challenges - Many enterprises face cost overruns and missed deadlines during S/4HANA transitions, with nearly 60% of migrations reported as behind schedule and over budget due to underestimated complexity and internal capacity constraints [1] - Weak governance is often the primary cause of delays, rather than technical challenges, indicating deeper systemic issues within migration programs [1] - Fragmented accountability and misaligned incentives among multiple systems integrators and service providers contribute to scope creep and delays in migration projects [1] Strategic Recommendations - To unlock the full potential of automation, analytics, and AI, enterprises must commit to fundamental changes in governance, data quality, and process standardization during their SAP migrations [1] - Companies should avoid sequencing transitions solely around maintenance deadlines and instead focus on strategic transformation to enhance their future competitiveness [1] - Establishing strong governance and clear decision rights is essential for effective management of SAP migration projects, ensuring accountability and oversight of critical activities [1]
OPEC+ Overproducers Update Compensation Cuts
Yahoo Finance· 2026-02-02 15:00
Four OPEC+ producers that have been pumping crude above their respective quotas have filed with the OPEC Secretariat updated compensation plans through June 2026, OPEC said on Monday. OPEC members Iraq and the United Arab Emirates (UAE), as well as the non-OPEC producers of the OPEC+ pact, Kazakhstan and Oman, have submitted their updated plans to cut more output between January and June as compensation for previously exceeding their quotas. The UAE will be compensating small volumes of between 10,000 ...
BRP Invites All Riders to "Get Moving"
Prnewswire· 2026-02-02 15:00
To learn more about this new chapter and discover what "Get Moving" is all about, visit brp.com. About BRP BRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats and Rotax marine propulsion systems as well as Rotax engin ...
Cushman & Wakefield Announces New Leadership for National Industrial Advisory Group
Businesswire· 2026-02-02 15:00
host a conference call following the release at 9:00 a.m. ET on Thursday, February 19, 2026, to discuss the financial results. The conference call can be accessed as follows: Dial in to 1-833-821-5374 (domestic) or 1- 412-652-1260 (international), or click here (link will be activated 15 m...[Back to Newsroom] Cushman & Wakefield Announces New Leadership for National Industrial Advisory GroupFeb 2, 2026 10:00 AM Eastern Standard Time# Cushman & Wakefield Announces New Leadership for National Industrial Advi ...
Law Offices of Howard G. Smith Encourages Ramaco Resources, Inc. (METC) Shareholders To Inquire About Securities Fraud Class Action
Businesswire· 2026-02-02 15:00
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Ramaco Resources, Inc. ("Ramaco†or the "Company†) (NASDAQ: METC) securities between July 31, 2025 and October 23, 2025, inclusive (the "Class Period†). Ramaco investors have until March 31, 2026 to file a lead plaintiff motion. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made m ...
Tim Nielsen of Radware Honored as a 2026 CRN® Channel Chief
Globenewswire· 2026-02-02 15:00
Core Insights - Radware has been recognized for its innovative channel strategy and partnership development, with Tim Nielsen named in the 2026 CRN Channel Chiefs list [1][5] Company Overview - Radware is a global leader in application security and delivery solutions for multi-cloud environments, utilizing AI-driven algorithms for real-time protection against sophisticated cyber threats [6] - The company has established a strong partner ecosystem in North America, with strategic alliances representing over $40 billion in cybersecurity revenue [2] Leadership and Achievements - Tim Nielsen has over 25 years of experience in sales and channel management, significantly transforming Radware's partner ecosystem and achieving over 200% growth in partner-led new business [2][3] - The company launched its inaugural Strategic Partner Advisory Board and introduced Partner of the Year awards in 2024 to further support partner success [3] Channel Strategy - Radware's partner program focuses on enabling resellers and service providers to grow through differentiated, AI-driven application security solutions [3] - The company has expanded its channel account manager team and increased channel marketing investments across North America to support partner growth [4] Market Position - Radware's solutions are critical for enterprises and carriers worldwide, addressing evolving cybersecurity challenges while reducing operational costs [6]
TriMas Announces Fourth Quarter and Full Year 2025 Earnings Conference Call Date
Businesswire· 2026-02-02 15:00
TriMas Announces Fourth Quarter and Full Year 2025 Earnings Conference Call DateFeb 2, 2026 10:00 AM Eastern Standard Time# TriMas Announces Fourth Quarter and Full Year 2025 Earnings Conference Call DateShare---BLOOMFIELD HILLS, Mich.--([BUSINESS WIRE])--TriMas (NASDAQ: TRS) announced today that it will host its fourth quarter and full year 2025 earnings conference call on Thursday, February 26, 2026. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of fourth qua ...
B2Gold: Goose Mine Ramp-Up Triggers Massive Free Cash Flow Inflection
Seeking Alpha· 2026-02-02 15:00
Core Viewpoint - B2Gold Corp. (BTG) is marked with a Strong Buy rating due to a significant valuation disconnect between current transitional friction and the anticipated free cash flow (FCF) inflection expected in 2026 [1] Group 1 - The upcoming Q4 earnings report is scheduled for release on February 18, 2026 [1]