HighJump acquires supply chain data exchange provider

HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.

HighJump acquires supply chain data exchange provider

HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.

HighJump acquires supply chain data exchange provider

HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.

 
HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier provider of business-to-business solutions supplier to industries including retail, building supplies, consumer packaged goods, energy and manufacturing.
    Financial terms of the deal were not disclosed.
    Minneapolis-based HighJump said the acquisition of Wesupply’s electronic trading platform increases its TrueCommerce EDI Solutions’ global reach to more than 10,000 trading partners and 130,000 trading connections and significantly expands its European presence.
    Wesupply has recently deployed electronic-data-interchange and e-invoicing solutions to companies, such as U.K. grocer Sainsbury’s and builders merchant Saint-Gobain.
    “The combination of Wesupply and HighJump will allow us to further expand our customer offerings while we continue to bring a unique approach to electronic trading and supplier onboarding,” said David Grosvenor, chief executive officer of Wesupply, in a statement.

Any use of slow steaming should be done on a voluntary basis through the marketplace between the business interests involved. Without a recognition of the complete supply chain, mandated speed restrictions for all vessels at sea will be counterproductive.

Spot container rates from China/East Asia to the U.S. West Coast stood at $1,531 per FEU as of May 10, up 10.6% year-over-year, while rates from China/East Asia to the U.S. East Coast totaled $2,926 per FEU as of May 10, up 22.2% year-over-year, according to the Freightos Baltic Index.

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Spot container rates rise for second straight week

Spot container rates rise for second straight week

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HighJump acquires supply chain data exchange provider

HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.

Sep 01, 2015 on Dec 27, 2018AmericanShipper.com

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HighJump acquires supply chain data exchange provider

HighJump, a provider of supply chain management solutions, has acquired Wesupply, a U.K.-based premier business-to-business supply chain solutions supplier.

Sep 01, 2015 on Dec 27, 2018AmericanShipper.com