Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Thermal packaging provider Cold Chain Technologies makes another acquisition

Private equity-backed firm buys Packaging Technology Group to expand its recyclable parcel portfolio for life sciences sector and covid vaccine shipments.

cold chain tech industry-voices.jpeg
Supply Chain Quarterly Staff
By Supply Chain Quarterly StaffMar 21, 2022
Supply Chain Quarterly Staff
See Full Bio

Thermal packaging solution provider Cold Chain Technologies LLC (CCT) is tapping into its private equity backing to acquire Packaging Technology Group LLC (PTG), a vendor of sustainable, curbside-recyclable thermal packaging for the life sciences industry, the firms said today.

Terms of the transaction were not disclosed. CCT has been owned by Aurora Capital Partners since 2019, during which time it has grown through acquisitions and has provided the packaging used to ship some half-billion doses of Covid-19 vaccine doses worldwide.

Massachusetts-based CCT said the move furthers its commitment to environmentally friendly packaging solutions, since PTG’s products allow customers to reduce landfill waste by millions of pounds annually and shrink the life sciences industry’s overall carbon footprint.

“Together, we will be a global leader in reusable and single-use sustainable parcel shippers with unmatched thermal engineering capabilities, technical expertise, geographic breadth, and digital track-and-trace solutions. We look forward to delivering enhanced value to PTG and CCT customers, and using our combined know-how to achieve a greener, more sustainable future,” Ranjeet Banerjee, CEO of CCT, said in a release. 

ArticleMoveStoreLogistics Services
cold chain technologies
ArticleMoveStoreLogistics Services
cold chain technologies

Recent

chart of robot adoption in factories
Article

Global robot density in factories has doubled in 7 years

A photo of brown paper packages tied up with shiny red ribbons.
Plan

SMEs hopeful ahead of holiday peak

More Stories

screen shot of AI chat box

Accenture and Microsoft launch business AI unit

In a move to meet rising demand for AI transformation, Accenture and Microsoft are launching a copilot business transformation practice to help organizations reinvent their business functions with both generative and agentic AI and with Copilot technologies.


The practice consists of 5,000 professionals from Accenture and from Avanade—the consulting firm’s joint venture with Microsoft. They will be supported by Microsoft product specialists who will work closely with the Accenture Center for Advanced AI. Together, that group will collaborate on AI and Copilot agent templates, extensions, plugins, and connectors to help organizations leverage their data and gen AI to reduce costs, improve efficiencies and drive growth, they said on Thursday.

Keep ReadingShow less

Featured

logistics-3125131_1920.jpg
Move

State of Logistics Report: A guide and a call to action

A series of blocks. The first block is balanced on the edge so that it shows both "glob" and "loc" the rest of the blocks read "alization" to create the sense of both "globalizaiton" and "localization."
Blog

“Glocalization”: The path for navigating a volatile global supply chain

Mobile robots, drones move beyond the hype
Featured

Mobile robots, drones move beyond the hype

holiday shopping mall

Consumer sales kept ticking in October, NRF says

Retail sales grew solidly over the past two months, demonstrating households’ capacity to spend and the strength of the economy, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data.

Census data showed that overall retail sales in October were up 0.4% seasonally adjusted month over month and up 2.8% unadjusted year over year. That compared with increases of 0.8% month over month and 2% year over year in September.

Keep ReadingShow less
chart of global supply chain capacity

Suppliers report spare capacity for fourth straight month

Factory demand weakened across global economies in October, resulting in one of the highest levels of spare capacity at suppliers in over a year, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP.

That result came from the company’s “GEP Global Supply Chain Volatility Index,” an indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses. The October index number was -0.39, which was up only slightly from its level of -0.43 in September.

Keep ReadingShow less
employees working together at office

Small e-com firms struggle to find enough investment cash

Even as the e-commerce sector overall continues expanding toward a forecasted 41% of all retail sales by 2027, many small to medium e-commerce companies are struggling to find the investment funding they need to increase sales, according to a sector survey from online capital platform Stenn.

Global geopolitical instability and increasing inflation are causing e-commerce firms to face a liquidity crisis, which means companies may not be able to access the funds they need to grow, Stenn’s survey of 500 senior e-commerce leaders found. The research was conducted by Opinion Matters between August 29 and September 5.

Keep ReadingShow less

CSCMP EDGE keynote sampler: best practices, stories of inspiration

With six keynote and more than 100 educational sessions, CSCMP EDGE 2024 offered a wealth of content. Here are highlights from just some of the presentations.

A great American story

Keep ReadingShow less
Copyright ©2024.