NOTED: Supply Chain Highlights

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INVESTMENTS

• CADDi, an AI data platform for manufacturing companies, raised a $38m Series C extension round led by Atomico, with existing investors Global Brain and Minerva Growth also participating. CADDi uses AI to transform legacy drawings and supply chain data, aiming to enhance efficiency and reduce costs in the manufacturing sector.

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SEALED DEALS

← Thomas Oilfield launched a new business division, Thomas Supply, built on Vroozi’s P2P solution. The system automatically monitors inventory levels and triggers purchase requests when supplies run low, while managing all associated data and transactions.

• Canadian apparel solutions company iFabric Corp selected the BlueCherry ERP system to optimize operations and enhance supply chain visibility.

• Rittal, a system provider of electrical enclosures, power distribution, climate control, IT infrastructure, software and services, selected JAGGAER to help optimize its procurement processes.

→ The Oodie, the Australian brand known for its popular wearable blanket, partnered with Bleckmann to enhance logistics operations. This collaboration ensures efficient handling of the brand’s rapid growth, seasonal demand, and high-volume fluctuations.

• First Solar, a photovoltaic solar technology and manufacturing company, selected Everstream as an end-to-end supply chain solution for enterprise risk insight, and mitigation and supplier data management.

• TrueCommerce delivered an electronic data interchange (EDI) solution integrated with NetSuite to help baby care brand Coterie streamline the management of its high-transaction volumes.

↑ Ekart, a 4PL supply chain company based in India, partnered with IKEA to power last-mile deliveries for the retailer’s home furnishings business, enabling seamless doorstep fulfillment of orders placed on IKEA’s website.

↑ Citi Trends, a value-priced retailer of apparel, accessories, and home goods, selected Invent.ai to provide AI-driven inventory solutions for allocation and replenishment.

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MILESTONES

↑ Consolidated Chassis Management (CCM) successfully rolled out its 12,000th refurbished chassis to the South Atlantic Chassis Pool, ahead of schedule. This milestone marks the first phase of refurbished chassis deployment in the region, with the entire CCM fleet of nearly 45,000 units expected to be fully upgraded by the end of 2027.

↑ The Port of Savannah recently welcomed the largest capacity vessel to ever call the port, the OOCL Iris. With a maximum capacity of 16,828 TEUs, the vessel measures 1,204 feet long and 167 feet wide.

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RECOGNITION

↑ PepsiCo recognized Averitt as its 2024 Asset Based Carrier of the Year–South Division for its truckload services; specifically its on-time performance, which exceeded the beverage company’s goal.

• The Customized Logistics & Delivery Association recently honored three supply chain veterans who have had a significant impact on the last-mile sector: Errol Cvern, Mark Cossack, and the late Randy Edmonds.

← Nussbaum Transportation Services received the 2024 TCA Fleet Safety Awards Grand Prize (large carrier division) from the Truckload Carriers Association to recognize its safety programs and leading accident frequency ratios.

• The National Motor Freight Traffic Association and Ben Wilkens, its cybersecurity principal engineer, were recognized with a 2025 Cybersecurity Excellence Award for Cybersecurity Project of the Year. The submission, Empowering Small Fleets with Cybersecurity Tools: NMFTA’s Game-Changing Guidebook, is a resource to help owner operators, as well as small and mid-sized trucking fleets, strengthen their cybersecurity defenses against digital threats.

↑ CN was recognized as one of the Top Sustainability Performers in the Transportation Industry by the 2025 S&P Global Yearbook as a result of its overall score from the S&P Global Corporate Sustainability Assessment.

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M&A

↑ Source Logistics, a specialist provider of dry and ambient warehousing, distribution, and fulfillment services, purchased LaGrou Distribution’s warehousing business, based in Northeast Illinois.

• Allstates WorldCargo acquired freight forwarding and logistics company Saturn Freight Systems.

• NTG Nordic Transport Group A/S acquired DTK BE Holding ApS, a Danish-based provider of part- and full-load solutions, temperature-controlled transportation, and a range of logistics services.

• Jeffs’ Brands, a data-driven ecommerce company operating on the Amazon Marketplace, and its wholly-owned subsidiary Smart Repair Pro purchased Pure NJ Logistics, a company that operates a strategically located logistics center equipped with 20 loading docks in New Jersey.

• Advantive acquired Commerce Vision, a digital commerce platform in Australia and New Zealand.

• Descartes Systems Group acquired 3GTMS, a transportation management solutions provider that combines cloud architecture, a large carrier network, and planning-driven automation to help shippers improve costs and customer satisfaction.

• Armlogi Holding Corp., a U.S.-based warehousing and logistics service provider will acquire Leopard Transnational Inc., a California-based logistics provider specializing in cross-border ecommerce fulfillment.

↑ The Kenan Advantage Group (KAG) acquired Evergreen Transport, a transportation company specializing in the delivery of dry bulk materials throughout the Southeastern United States.

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