Supply Chain and Logistics
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Tive Announces the 2025 Green Impact Leader Award Winners, Celebrating Sustainability Champions Across Global Supply Chains
Globenewswire· 2025-11-18 14:00
Core Insights - Tive announced the 2025 winners of its Green Impact Leader award, recognizing customers for their commitment to sustainability through recycling trackers [1][2] - The Green Program incentivizes organizations to return used shipment trackers, aiming to reduce e-waste and promote sustainable practices in supply chain management [2] - Tive's technology provides real-time data to help shippers and logistics providers prevent waste and improve operational efficiency [2][4] Company Overview - Tive, founded in 2015, is a leader in supply chain and logistics visibility solutions, serving over 1,000 global shippers and logistics providers [4] - The company's cloud platform and patented sensor technology help monitor shipment conditions, reduce delays, and minimize losses due to theft and spoilage [4] - Tive's services are designed to ensure timely and complete delivery of shipments, emphasizing the importance of every shipment [4]
C.H. Robinson Unveils the Agentic Supply Chain, Enabling Companies in Every Industry to Instantly Deploy AI
Businesswire· 2025-10-20 17:00
Core Insights - C.H. Robinson has introduced the Agentic Supply Chain, which allows companies across various industries to deploy AI solutions instantly [1] Group 1 - The Agentic Supply Chain is designed to enhance operational efficiency and decision-making processes for businesses [1] - This innovation aims to streamline supply chain management by integrating AI technologies [1] - Companies can leverage this system to improve responsiveness and adaptability in their supply chains [1]
Bankruptcy court approves Future Supply Chain Solutions’ acquisition by Reliance Retail
The Economic Times· 2025-10-18 13:33
Core Insights - The bankruptcy court in Mumbai approved Reliance Retail Ventures Ltd's (RRVL) resolution plan for Future Supply Chain Solutions Ltd (FSCSL), allowing the logistics arm of the Future Group to join Reliance [6] - The revival plan received 91.71% approval from the secured lenders and proposes a payment of Rs 170 crore for the acquisition [6][1] - The total admitted claims against FSCSL amount to Rs 885 crore, with major creditors including Azim Premji Trust, IDFC First Bank, and JC Flowers Asset Reconstruction claiming over Rs 485 crore [6][1] Company Overview - Future Supply Chain Solutions is India's first fully integrated and IT-enabled end-to-end supply chain and logistics company, specializing in modern warehousing, express logistics, cold chain, and e-commerce logistics [6][5] - The company provides third-party logistics support across various sectors, including food and beverages, lifestyle, consumer electronics, automotive, engineering, home and furniture, healthcare, general merchandise, and e-commerce [5][6] Bidding Process - Out of seven bidders, two submitted resolution plans, but one was withdrawn, leaving RRVL as the sole remaining bidder [2][6] - Other interested bidders included Tatkal Loan India, One City Infrastructure, Globe Ecologistics, Shanti G.D. Ispat & Power, Camions Logistics Solutions, and Sugna Metals [4][6] Bankruptcy Context - FSCSL was admitted under the Corporate Insolvency Resolution Process (CIRP) in January 2023 after defaulting on dues of approximately Rs 7.26 crore [4][6]