Finatrack Global Ltd

Supply Chain & Logistics News February 2nd-6th 2025

The U.S. Postal Service (USPS) initially announced a ban on all inbound packages from China and Hong Kong due to a new 10% tariff on Chinese goods and the end of a customs exemption for small-value parcels. However, the USPS quickly reversed this decision, stating it would collaborate with Customs and Border Protection to implement […]

Navigating M&A Trends in the Transportation, Logistics, and Energy Storage Space

Industry Drivers of M&A Activity Sustainability and Electrification The global commitment to achieving net-zero emissions is reshaping investment priorities across industries. In transportation and logistics, this has manifested as a significant focus on electrification and renewable energy integration. Companies are proactively acquiring electric vehicle (EV) manufacturers, battery storage providers, and related infrastructure firms to embed […]

LG Acquires Majority Stake in Bear Robotics to Bolster Robotics Capabilities

LG Electronics (LG) has taken a significant step in advancing its robotics capabilities by securing a majority stake in Bear Robotics, a prominent Silicon Valley-based startup specializing in AI-driven autonomous service robots. This acquisition aligns with LG’s strategy to strengthen its presence in the robotics sector, a key growth area for the company. In the […]

Open Sky Partners with Easy Metrics for Labor Efficiency

The partnership combines Open Sky Group’s deep expertise in supply chain execution solutions and implementation services with Easy Metrics’ cutting-edge cloud-based warehouse performance management platform. Together, the companies will provide businesses with powerful labor insights for workflow analysis, benchmarking, and forecasting across their networks. Clients will benefit from enhanced visibility and control into activity-based costs […]