Supply Chain Management News

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG”) (NYSE: PFGC) announced today that its indirect wholly-owned subsidiary, Performance Food Group, Inc. (the “Issuer”), priced its previously announced offering of $1.06 billion aggregate principal amount of 5.625% Senior Notes due 2034 (the “notes”). PFG anticipates that the consummation of the offering will occur on February 19, 2026, subject to customary closing conditions. PFG intends to use the net proceeds from the offeri...

LAS VEGAS--(BUSINESS WIRE)--Dexory announces the launch of its next-generation autonomous robot and a new software feature, Storage Health....

LAS VEGAS--(BUSINESS WIRE)--FourKites launches Loft, an AI platform with Sophie, an AI developer agent that turns SOPs into automated workflows across enterprise systems....

LAS VEGAS--(BUSINESS WIRE)--Enterprises have invested heavily in supply chain visibility, yet decision risk continues to rise.  As data volumes grow and conditions shift faster, supply chain leaders are increasingly judged not just on responsiveness, but on whether their decisions hold up under pressure. As volatility becomes a constant, organizations are being forced to make high-stakes tradeoffs with less margin for error and far more scrutiny. Today, SCIP, the Supply Chain Intelligence Platf...

PITTSBURGH--(BUSINESS WIRE)--Gather AI, the leader in Physical AI for logistics, has raised $40 million in Series B funding led by Smith Point Capital Management. The investment includes participation from Bain Capital Ventures, Tribeca Venture Partners, Bling Capital, Dundee Venture Capital, XRC Ventures, and new investor The Hillman Company. To date, the company has raised $74 million. The investment follows a year of significant momentum, with Gather AI doubling its operational footprint and...

SAN FRANCISCO--(BUSINESS WIRE)--New fully-secure, freight-native knowledge capabilities bring operational judgment directly into workflows for brokers, carriers, shippers, and more...

DALLAS--(BUSINESS WIRE)--Blue Yonder Holding, Inc. (Blue Yonder), the AI company for supply chain, today released its Q4 2025 company highlights. Annual Company Highlights In FY25, Blue Yonder continued to show its end-to-end strength in the market, including: FY25 company revenue was $1.42 billion, including 10.4% SaaS revenue growth year-over-year. Net revenue retention was 103.8%. Gained a total of 114 new customers in FY25. Included in over 90 key technology industry analyst reports in FY25...

COPENHAGEN, Denmark--(BUSINESS WIRE)--Keepit, the only independent, cloud-native data protection and recovery provider, today announced that TMC, a global, integrated media company, has named Keepit platform as a 2025 Cloud Computing Backup and Disaster Recovery Award winner, presented by TMC’s Cloud Computing Magazine. The Cloud Computing Backup and Disaster Recovery Award recognizes technologies and vendors that have built cloud solutions that empower businesses small or large to remain activ...

CORAL GABLES, Fla.--(BUSINESS WIRE)--Fresh Del Monte Produce Inc. (NYSE: FDP) (“Fresh Del Monte” or the “Company”) today announced that the U.S. Bankruptcy Court has approved the Company as the purchaser of select assets of California-based Del Monte Foods Corporation II Inc. and its affiliates through a court-supervised sale under Section 363 of the U.S. Bankruptcy Code (the “Transaction”). The Court’s decision represents a decisive legal milestone that clears the Transaction to advance into t...

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG”) (NYSE: PFGC) announced today that its indirect wholly-owned subsidiary, Performance Food Group, Inc. (the “Issuer”), intends, subject to market and other conditions, to offer $1.06 billion aggregate principal amount of Senior Notes due 2034 (the “notes”). PFG intends to use the net proceeds from the offering, together with borrowings under its revolving credit facility, to redeem all of the Issuer’s outstanding 5.500% Senior...