Cloud-based spend management platform Coupa announced Wednesday it is acquiring workflow automation startup Tonkean, marking the company’s second AI-focused acquisition in less than two weeks as it expands its push into autonomous supply chain and procurement technology. The acquisition follows Coupa’s May 12 announcement that it had acquired intelligent document processing firm Rossum during the… Continue reading Coupa adds Tonkean in latest AI acquisition push
Month: May 2026
Phillips Connect names Mark Wallin president and general manager
The trailer has long been a reliable but less glamorous partner in freight operations. Powered by a tractor, it was hooked, loaded and dispatched as a largely low-cost, low-technology affair until something went wrong. Phillips Connect is betting that era is over. The Irvine, California-based smart trailer technology company announced Thursday that Mark Wallin, the… Continue reading Phillips Connect names Mark Wallin president and general manager
ILA’s McNamara enters International Maritime Hall of Fame
Veteran New York-New Jersey longshore union executive James W. McNamara is the newest member of the International Maritime Hall of Fame. McNamara was inducted by International Longshoremen’s Association International President Harold J. Daggett at a ceremony this week at The Lighthouse at New York’s Chelsea Piers. Chief of Staff McNamara, the union’s spokesman, has spent… Continue reading ILA’s McNamara enters International Maritime Hall of Fame
DoJ indicts Chinese container makers on price-fixing charges
The Justice Department this week unsealed an indictment charging four major Chinese shipping container manufacturers and seven executives with a global conspiracy to restrict output and fix the prices of ocean shipping containers, which dramatically inflated costs for American consumers and businesses. The indictment unsealed May 19 charged China International Marine Containers (CIMC), Shanghai Universal… Continue reading DoJ indicts Chinese container makers on price-fixing charges
OmniTrax tabs Hoskins to lead transload
OmniTRAX, Inc. has appointed Phillip Hoskins vice president of transload, a new position. Hoskins will oversee network-wide expansion of transload activities across the Denver-based company’s 35 rail operations. Phillip Hoskins “Phillip is a proven commercial executive with a tremendous record of providing logistics solutions for an impressive clientele of Fortune 500 companies,” said OmniTRAX Chief… Continue reading OmniTrax tabs Hoskins to lead transload