Core Viewpoint - The future outlook for United Parcel Service (UPS) appears positive despite recent challenges, with potential for recovery and growth driven by strategic changes in revenue quality, network efficiency, and tariff management. Group 1: Revenue Quality - UPS's revenue declined by 3.7% year over year in Q3, a planned reduction as part of a broader strategy to enhance revenue quality [4][5] - The company sold its Coyote Logistics unit, leading to a significant drop in supply chain solutions revenue, while also reducing shipment volumes for Amazon to focus on higher-margin business [5] - U.S. revenue per piece increased by 9.8% year over year in Q3, and UPS aims to replace lost revenue with higher-margin business, exemplified by the acquisition of Andleuer Healthcare Group [6] Group 2: Network Efficiency - UPS is undergoing its most extensive network reconfiguration in history, having closed 93 buildings, including 19 in Q3, and implemented a voluntary retirement program for drivers [8] - The company expects to announce approximately $3.5 billion in cost reductions for 2025, contributing to improved profitability [8][9] - U.S. operating margin increased by 10 basis points in Q3, indicating early success from these efficiency efforts [9] Group 3: Tariff Management - The uncertainty surrounding tariffs has somewhat resolved, alleviating challenges faced by UPS, particularly in higher-margin international lanes [10] - While some tariff impacts may still affect small- and medium-sized businesses in 2026, the overall outlook for UPS regarding tariffs is improving [10] - UPS is leveraging agentic AI technology to enhance customs brokerage capabilities, helping customers navigate trade complexities and reinforcing its role in global commerce [11]

MONTREAL, Jan. 13, 2026 /PRNewswire/ -- Tecsys Inc. (TSX: TCS), a leading provider of supply chain management solutions, was recognized by Modern Healthcare's Best in Business Awards for its role in helping health systems strengthen supply chain resilience and visibility. This Best in Business Supply Chain category recognizes companies who help healthcare providers manage the flow of critical goods and materials essential for care delivery from sourcing and inventory management to procurement and distributi ...

IPO Details - Medline had the largest IPO in over four years, offering $626 billion [1] - The IPO was unexpected, as Medline is not a widely recognized name [1] Business Model & Strategy - Medline's revenue is evenly split between its own brand medical surgical products and supply chain solutions [2] - Earnings are primarily derived from product sales [2] - The supply chain business provides insights into hospital needs and facilitates product distribution [2] - Medline aims to be the "Costco of healthcare" [3] - It employs a membership model through its supply chain business to offer healthcare providers the best prices [3] - Medline brand products are positioned similarly to Costco's Kirkland signature brand [3] Revenue Growth - Medline experienced solid revenue growth in recent years: 83% in 2023, 98% in 2024, and 103% through the first 9 months of 2025 [4] - Revenue growth appears to be accelerating [4]

Core Insights - Ryder System announced a leadership transition with CEO Robert Sanchez retiring at the end of Q1, transitioning to executive chairman, while COO John Diez will take over as CEO [1][5] Company Performance - Under Sanchez's leadership since January 2013, Ryder's annual revenue has doubled to $12.6 billion, and net earnings have increased by 133% to $489 million for the full-year 2024 [3] Leadership Transition - John Diez, who has been with Ryder since 2002 and currently oversees operations across three business segments, is recognized for his deep understanding of the business and strategic mindset, making him well-suited to lead the company [4][5] - The succession plan is described as well-planned, with Diez having an exceptional business track record and a strong grasp of customer needs [5]

Table of Contents As filed with the Securities and Exchange Commission on December 8, 2025. Registration No. 333-291112 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Medline Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) Delaware 3841 33-1845288 (Primary Standard Industrial Classification Code Number) 3 Lakes Drive (I.R.S. E ...

Core Insights - Ryder is a leading outsourced logistics and transportation solutions provider with a strong focus on long-term growth opportunities across its segments [1][2][3] Company Overview - Ryder operates primarily in the U.S. and North America, structured into three main segments: Fleet Management Solutions, Dedicated Transportation Solutions, and Supply Chain Solutions [2][3] - The company has a revenue of $13 billion and has been in operation for 90 years, indicating a well-established presence in the industry [3] Segment Details - Fleet Management Solutions offer leasing and rental truck options to customers [2] - Dedicated Transportation Solutions provide vehicle leasing with an added driver [3] - Supply Chain Solutions encompass a range of services from port-to-door logistics, including drayage, warehouse management, e-commerce, and last-mile delivery [3]

Ryder System (NYSE:R) 2025 Conference Summary Company Overview - Ryder System is an outsourced logistics and transportation solutions provider, primarily operating in North America with a focus on three main segments: Fleet Management Solutions, Dedicated Transportation Solutions, and Supply Chain Solutions. The company has a revenue of $13 billion and has been in operation for 90 years [3][4]. Strategic Transformation - Since 2018, Ryder has implemented a balanced growth strategy focusing on de-risking the business model, improving margins, and shifting towards an asset-light model. This includes pricing residuals conservatively, targeting higher returns, and revamping maintenance operations, resulting in significant cost savings [4][5][6]. - The company has invested approximately $1.1 billion in acquisitions over the past five years to enhance supply chain capabilities and scale [6][7]. Financial Performance - Ryder's earnings have doubled compared to 2018, even during a freight market downturn, with a return on equity of 18% compared to 13% in 2018 [7][8]. Freight Environment Assessment - The freight market has experienced four consecutive years of downturn, but recent trends indicate stabilization. Key metrics such as rental demand and used vehicle pricing have shown signs of stability, although no significant recovery is anticipated in the near term [8][10][11]. - Industrial production, housing starts, and consumer confidence are critical indicators being monitored, with no immediate signs of improvement [11][12]. Future Cost Initiatives - Ryder aims to achieve an additional $150 million in savings through operational excellence, customer-centric technology, and optimizing its omnichannel network. This includes a focus on maintenance cost initiatives and synergies from recent acquisitions [13][14][15]. Rental Fleet Utilization - Current rental fleet utilization is around 70%, with a target of mid-70s%. The company is prepared to capitalize on increased demand by quickly expanding its fleet when utilization improves [16][17]. Used Vehicle Pricing Outlook - Used vehicle pricing is expected to rebound due to lower OEM production levels and increasing costs of new vehicles. The company anticipates improvements in used vehicle pricing by late 2026 [18][19]. Driver Market Dynamics - A tightening driver market is beneficial for Ryder's dedicated business, as it encourages companies to outsource transportation needs. Ryder's focus on private fleets reduces exposure to broader driver market pressures [21][22][23]. Pricing Strategy - Ryder has maintained disciplined pricing strategies, which have been supported by rational competition in the market. The company expects to retain pricing discipline despite market softness [24][25][26]. Dedicated Transportation Opportunities - Ryder differentiates its dedicated services through specialized solutions and strong customer relationships, with a significant portion of dedicated sales coming from existing fleet management customers [27][30][31]. Supply Chain Growth Areas - The company sees significant growth potential in warehouse management and e-commerce, with a strong sales pipeline expected to translate into revenue growth starting in 2026 [32][34][35]. Reshoring and Nearshoring - Ryder is well-positioned to benefit from reshoring and nearshoring trends, particularly in the U.S. and Mexico, as companies seek to bring supply chains closer to home [38][39]. Technology and AI Investments - Ryder has invested in customer-centric technology and AI to enhance operational efficiency and customer service. This includes tools for fleet management and supply chain visibility [41][42][43][45]. M&A Strategy - The company continues to seek M&A opportunities that enhance scale and capabilities, particularly in supply chain logistics. Ryder is interested in tuck-in acquisitions similar to Cardinal and exploring opportunities in healthcare logistics [49][51]. Conclusion - Ryder is optimistic about its strategic initiatives and the potential for future growth, particularly as market conditions improve. The company is focused on achieving its cost-saving targets and enhancing its resilience in the logistics sector [53].

Core Insights - BOS Better Online Solutions Ltd. has reported record-breaking performance in revenue and profitability for Q3 and the first nine months of 2025, prompting an increase in full-year financial guidance [1][3][5]. Financial Performance - Revenue for Q3 2025 increased by 15.9% to $11.4 million compared to $9.8 million in Q3 2024 [8]. - Net income for Q3 2025 rose by 17.9% to $677,000, or $0.11 per basic share, compared to $574,000, or $0.10 per basic share, in Q3 2024 [8]. - EBITDA for Q3 2025 increased by 29.5% to $920,000 compared to $710,000 in Q3 2024 [8]. - For the first nine months of 2025, revenue increased by 28.4% to $37.9 million compared to $29.6 million in the same period of 2024 [8]. - Net income for the first nine months of 2025 increased by 53.8% to $2.8 million, or $0.46 per basic share, compared to $1.8 million, or $0.32 per basic share, in the first nine months of 2024 [8]. - EBITDA for the first nine months of 2025 rose by 45.6% to $3.7 million compared to $2.5 million in the same period of 2024 [8]. Strategic Focus - The company emphasizes the strength of its Supply Chain division's focus on the defense sector and its successful global diversification strategy [3]. - BOS is confident in returning to growth in its RFID division, despite a nominal operating loss in Q3 due to logistics slowdowns, citing improving geopolitical conditions in the Middle East [4]. - The Intelligent Robotics division continues to show steady profitability improvements year-over-year, reflecting operational excellence across all business units [4]. Cash Flow and Backlog - Cash and cash equivalents reached a record level of $7.3 million as of September 30, 2025, supporting strategic growth initiatives [5]. - The contracted backlog remained strong at $24 million as of September 30, 2025, consistent with previous quarters [5]. Guidance Update - The company has raised its full-year 2025 financial guidance, now expecting revenue to be at the high end of the previous range of $45-$48 million and net income to be between $2.6 million and $3.1 million [5].

Table of Contents As filed with the Securities and Exchange Commission on November 4, 2025. Registration No. 333-291112 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Medline Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or organization) Delaware 3841 33-1845288 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identi ...

Core Insights - Celestica Inc. is a significant player in the electronics manufacturing services industry, providing design, manufacturing, and supply chain solutions, competing with firms like Flex Ltd. and Jabil Inc. [1] - The company has received approval from the Toronto Stock Exchange to initiate a Normal Course Issuer Bid, allowing it to repurchase up to 5.7 million common shares, approximately 5% of its public float [2][5] - The current stock price of Celestica is $340.13, reflecting a slight increase of 0.70% or $2.36, with a market capitalization of about $39.13 billion [3][4][5] Stock Performance - The stock has experienced fluctuations between $329.24 and $348.92 today, with a yearly high of $355.50 and a low of $58.05, indicating market volatility [3] - The average daily trading volume over the past six months was around 886,938 shares, with today's trading volume reaching 2.77 million shares [4] Shareholder Activity - Director KOELLNER LAURETTE T purchased 600 common shares at $340.55 each, increasing her total holdings to 1,300 shares [1][5]