Geodis has introduced a new air zone skip service to help U.S. e-commerce companies shipping to Canada achieve faster direct-to-customer cross-border delivery. Geodis' existing small parcel delivery service, MyParcel, allows US businesses to ship to 26 European countries, the United Kingdom, and Canada. The new air zone skip service is...
Coupa Software was purchased by a private equity firm for $8 billion.
Private equity firm Thoma Bravo acquired Coupa Software for $8 billion, or $81 per share in cash, the company announced on Monday. According to business spend management platform officials, the transaction made financial sense. "This transaction is the result of a deliberate and thoughtful process that included engagement with both...
Motive fires 6% of its workforce, blaming it on slowing demand.
Motive, formerly KeepTruckin, has laid off 237 employees, or roughly 6% of its workforce, due to operating cost constraints and demand issues confronting the San Francisco-based freight solutions provider. Motive CEO Shoaib Makani stated that the company experienced rapid growth over the last two years, increasing from 1,450 to 3,700...