Done deals: August 5, 2021

by Inside Logistics Online Staff

Hercules

Hercules has gained three new terminals in the U.S. as part of its acquisition of Supervan Service Co. The new terminals are in St. Louis, Missouri, Memphis, Tennessee, and Kansas City, Kansas. They will be serve as gateways for direct service to Canada as well as interstate coverage to other parts of the United States. The deal adds 200 pieces of equipment and 60 staff to Hecules’s network.

Tecsys

Indiana-based Parkview Health has expanded its relationship with Tecsys and is adopting the software provider’s Elite Pharmacy Inventory Management System (PIMS). Parkview Health will replace a legacy inventory solution with an integrated procurement and inventory management system that will allow it to capture demand, auto-generate replenishment orders, source best drug pricing benefits while ensuring regulatory compliance, and manage purchasing and vendor invoice matching through EDI data exchange.

Cathay Pacific Airways

Cathay Pacific has started service to Pittsburgh International Airport (PIT) with its Boeing 777-300ER passenger planes that have been converted for cargo, with plans to serve PIT through the end of the year. Planes will arrive on Mondays and Fridays and depart the next day. The aircraft will start their flights from Hanoi, Vietnam, stopping at Cathay Pacific’s Cargo Terminal at Hong Kong International Airport before flying nonstop to PIT. Cargo onboard the aircraft is for the garment industry.

Ivanti

Ivanti Wavelink has acquired an industrial internet of things (IIoT) platform owned by the WIIO Group, based in Paris, France. This platform acquisition will enable customers to get a 360 degree view of their IIoT equipment,  identify and remediate issues, and build scalable applications that drive operational efficiency. The terms of the transaction were not disclosed. 

Qatar Airways Cargo

Qatar Airways Cargo has extended its cool chain industry partnerships by joining the Cool Chain Association (CCA), a non-profit organization. Founded in 2003, the association aims to reduce food wastage and improve the quality, efficiency and value of the temperature sensitive supply chain by facilitating and enabling vertical and horizontal collaboration, education and innovation amongst its members and stakeholders.

– August 5, 2021