Latest news with #logistics
Yahoo
2 hours ago
- Business
- Yahoo
Arrive AI selects Synoptek as a Strategic IT Partner
COSTA MESA, Calif. and INDIANAPOLIS, July 14, 2025 /PRNewswire/ -- Arrive AI (NASDAQ: ARAI) — a pioneering autonomous delivery network anchored by Arrive Points™ — has selected Synoptek as a strategic IT partner to enable its rapid growth and global ambitions. Synoptek will provide Arrive AI with all the IT solutions it needs to support its business. With a recent $40 million injection of funding from Streeterville Capital, Arrive AI is entering a critical growth phase. The company is preparing to launch its patented, autonomous delivery platform later this summer and expects to double its staff size. "Synoptek's strategic approach, deep expertise, robust tech stack and strong partnerships with Microsoft and ServiceNow made it a clear choice," said Mark Hamm, COO of Arrive AI. "We were searching for a partner who could move at our pace and help us build a resilient IT foundation. After conducting an exhaustive search, we knew Synoptek would be the partner we were looking for to provide all of the IT capabilities we need to take our business to the next level." Under the three-year agreement, Synoptek will contribute to the solution definition, implementation and IT management, including, cybersecurity, enterprise-grade IT and 24/7 AI-enabled managed services operations. This engagement deepens Synoptek's presence in the high-growth logistics and manufacturing sector and aligns with its mission to deliver smart, secure and connected IT environments. "We're proud to serve as an extension of the Arrive AI team," said Salil Godika, CEO at Synoptek. "Together, we are building a resilient and secure IT backbone that supports innovation and scale. We deliver focused solutions that incorporate exceptional customer experiences, digital application engineering, and agile infrastructure. We are committed to providing Arrive AI with the technology foundation it needs to grow with confidence." Synoptek will provide advisory services and information sharing around security, AI and application innovation as Arrive AI continues to push boundaries in the AI transportation and logistics space. About Arrive AI Arrive AI's patented Autonomous Last Mile (ALM) platform enables secure, efficient delivery to and from a smart, AI-powered mailbox, whether by drone, ground robot or human courier. The platform provides real-time tracking, smart logistics alerts and advanced chain of custody controls to support shippers, delivery services and autonomous networks. By combining artificial intelligence with autonomous technology, Arrive AI makes the exchange of goods between people, robots and drones frictionless and convenient. Its system integrates with smart home devices such as doorbells, lighting and security systems to streamline the entire last-mile delivery experience. Learn more at Media contact: Alex Gorrell at agorrell@ Cheryl Reed at media@ Investor Relations Contact: Alliance Advisors IR at About Synoptek Synoptek is a global, full-service business and digital technology solutions provider and advisory firm that helps companies envision, transform, and evolve their customer experiences, application ecosystems, and infrastructures. As a systems integrator and managed technology provider, Synoptek partners with organizations worldwide, helping them navigate the ever-changing technology landscape and build solid tech foundations for their businesses. With its comprehensive offerings, global workforce, and strategic technology partnerships, Synoptek helps companies optimize their IT environments and enable innovation through technology. With growth, ownership, inclusiveness, and philanthropy embedded in its DNA, Synoptek is committed to delivering improved business results and unmatched service to all its stakeholders. Cautionary Note Regarding Forward Looking Statements This news release and statements of Arrive AI's management in connection with this news release or related events contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements (including statements related to the closing, and the anticipated benefits to the Company, of the private placement described herein) related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "plans", "believes", "potential", "will", "should", "could", "would", "optimistic" or "may" and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors which may be beyond our control. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Potential investors should review Arrive AI's Registration Statement for more complete information, including the risk factors that may affect future results, which are available for review at Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law. 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National Post
2 hours ago
- Automotive
- National Post
Fastco Expands Operations with New Warehouse in Pickering, Ontario
Article content VAUDREUIL-DORION, Québec — Fastco is pleased to announce the upcoming opening of a new distribution center in Pickering, Ontario, on July 28, 2025. This strategic expansion supports the company's continued growth and commitment to improving service levels for its Ontario-based retail partners. Article content The new 13,849 sq. ft. facility is designed to streamline logistics and enhance delivery efficiency across the province. By expanding its physical footprint in Ontario, Fastco aims to significantly increase product availability and shorten lead times for customers throughout the province. Article content Article content 'The opening of our Pickering warehouse reinforces Fastco's commitment to providing exceptional service across Ontario,' said Lee Chaplin, President of Fastco Canada. 'With this new facility, we're better positioned to support our retail partners with increased product availability throughout the province and more efficient delivery times.' Article content In preparation for its Pickering warehouse opening, Fastco's industry-leading B2B platform, FastFinder, will remain fully operational 24/7 to ensure uninterrupted service. Article content Fastco's new Pickering warehouse will be located at 1738 Orangebrook, Units 13-15, Pickering, ON, L1W 3G8. Article content About Fastco Canada: Article content Established in 1989, Fastco Canada is Canada's premier manufacturer and distributor of alloy and steel wheels, as well as accessories. It is a wholly owned subsidiary of Groupe Touchette and operates facilities in Vaudreuil-Dorion, Québec, Pickering, Ontario and Calgary, Alberta. Fastco designs, manufactures, and distributes multiple wheel brands, including Fast Wheels, Fast EV, Fast FC, Fast HD, Braelin, and Replika, along with a comprehensive accessory program, Dialyn. Fastco is partnered with many of the largest vehicle manufacturers to offer Original Equipment Replacement (OER) alloy wheel programs in Canada. At the heart of its operations lies FastFinder™, a proprietary software that generates the most accurate fitment data in the industry. For more information, visit Article content Article content Article content Article content Media Contact: Article content Article content Article content
Arabian Business
3 hours ago
- Business
- Arabian Business
Why Gulf ports must rethink risk to maintain commercial advantage
In today's fast-changing world of maritime logistics, port security is no longer just about protecting access. It has become a critical driver of operational speed, national resilience and economic performance. As global trade volumes rise and criminal threats evolve, Gulf ports must rethink how they manage risk without obstructing flow. The ports that will lead in 2026 and beyond will be defined by three principles. They will be smart, they will be secure, and they will be green. These are not just trends rather strategic imperatives for the next generation of global logistics. Smart security is targeted security Smart ports are not just high-tech ports. They are intelligent systems built around rapid risk identification. The real advantage of artificial intelligence is not in automating everything, but in knowing what to flag and when. If used properly, AI will help security teams focus on what matters most and reduce unnecessary checks. Crucially, AI does not replace people. It supports them. In an era where criminal networks are increasingly targeting port workers for intimidation or recruitment, the human layer alone is not enough. AI-enabled systems provide an invisible layer of protection. They detect what might be missed and make it much harder for criminals to game the system. However, smart does not mean invincible. Without solid business continuity plans and well-tested contingency measures, ports risk over-reliance on digital infrastructure. The outage at Heathrow earlier this year made it clear. Technology without viable contingencies can bring operations to a halt. Security convergence builds resilience Security cannot live in silos. It must converge. That means blending physical security, technical systems and digital monitoring into a single command structure. This approach enables faster responses, greater cohesion, and reduces confusion during incidents or crises. But convergence should not stop at security. The next frontier is organisational convergence. Every department in the port environment, from health and safety to HR to finance, must understand its role in protecting the operation. Integration is what makes a port agile. Without it, even the best tools will not deliver results. Too many organisations fail because their departments work in isolation. Ports cannot afford that kind of fragmentation. Security should be a shared responsibility across the entire enterprise. Compliance is not the finish line The ISPS (International Ship and Port Facility Security) Code offers an essential framework for international port security. But it was never meant to be the endpoint. Some ports treat it as a ceiling. In reality, it should be the starting line. Security audits that meet the minimum standard are not enough in today's risk environment. Ports need experienced and credible partners who can assess vulnerabilities, provide meaningful risk mitigation recommendations and help build resilience. A security partnership is key to blending international best practice with local environmental, cultural, and resource realities. The cost of getting it wrong can be significant, not just in money, but in reputation. Hidden threats are rising fast The most visible flashpoints in maritime security are well known. War in the Red Sea. Tensions in the Arabian and Black Seas. Yet some of the fastest-growing risks are not always on the latest geopolitical map. Drug smuggling, for example, has become a serious disruptor. The discovery of narcotics on board can lead to a vessel's detention, delay operations and trigger lengthy legal proceedings. Criminal groups have also grown more sophisticated. Insider threats, where crew or port workers are recruited or coerced, are now a real risk. Another overlooked issue is irregular migration. Many shipping companies are unaware of their legal obligations when they come across vessels in distress. They often lack protocols to handle such situations while ensuring the safety of their crew and assets. This is not an occasional problem. It is becoming more frequent and complex. The future is public-private collaboration There is a clear distinction between the responsibilities of state and private actors. Any role that resembles warfighting should always rest with the state. But the protection of trade, merchant shipping and critical infrastructure is a space where the private sector can offer value. Private security providers are often more flexible and cost-effective. They also have the industry expertise to tailor security to commercial realities. In the coming years, collaboration between private and public actors will become essential to achieving lasting resilience. The next must-have capability is AI maritime domain awareness By 2026, the most advanced ports and shipping companies will adopt integrated AI systems for maritime domain awareness. These platforms will link port operations, ship movements and threat indicators into one view. This will allow decision-makers to act quickly and with full information. More importantly, this will bring security convergence to life. It will connect physical infrastructure, digital monitoring and risk intelligence in real time. Technology exists however the only question is who will act first. Security is a foundation for growth To keep trade flowing, ports must treat security not as a regulatory requirement but as a competitive asset. In a world where criminal tactics are changing faster than ever, agility is not optional. Neither is integration. The winners will be those who plan for both. Smart. Secure. Green. These are the defining values of modern port strategy. Those who build around them will shape the next decade of maritime security leadership.
Zawya
3 hours ago
- Business
- Zawya
Middle East Energy Boom defies global volatility with 68% growth surge, EIC reveals
UAE and Saudi Arabia surge ahead in AI, logistics, and digital infrastructure Fragmented localisation rules and freight capacity could strain regional momentum DUBAI: The Middle East is powering ahead of global energy markets. According to the Energy Industries Council's (EIC) latest Survive & Thrive report, 90% of energy companies operating in the region reported growth in 2024, with average revenues jumping at 68%, the highest across all regions surveyed. At a time when much of the world is grappling with policy uncertainty, inflation, and talent shortages, the Middle East appears to be charting its own, far more confident course, according to the energy supply chain association and provider of global project data and market insights. The region's standout performance is not a one-off. Companies are forecasting another strong year in 2025. Firms in the Americas reported 20% growth on average, followed by the UK and Ireland at 16%, Continental Europe at 13%, and Asia Pacific lagging behind at 8%. 'The Middle East isn't picking winners, it's investing in all energy technologies,' said Stuart Broadley, CEO of the EIC, the world's leading trade association for companies providing products and services to the energy industry. "That pragmatism is why it's now the global magnet for talent and capital. This is indeed the right approach to follow for energy security, industry growth, and supporting the energy transition." Instead of viewing the energy transition as a zero-sum game, governments in the region have taken a balanced and inclusive approach. Hydrocarbons remain vital, with more than 90% of EIC member companies in the region still focusing on oil and gas. But the growth of investment into renewables, hydrogen, and digital infrastructure reveals a willingness to embrace what's next, without abandoning what works now. The results speak for themselves. In a world where the average growth rate hovered between 8% and 20% in most regions, Middle Eastern firms more than tripled that figure. The UAE and Saudi Arabia, in particular, have made aggressive moves not just in oil and gas, but in AI-driven logistics, smart infrastructure, and clean technology. 'Encouraging tech adoption in logistics — like GPS tracking, automation, and AI — would increase efficiency, transparency, and global competitiveness,' said one executive interviewed for the Survive & Thrive report, echoing a broader sentiment that the region is now outpacing even the US and Europe in practical tech adoption. Broadley agrees: 'The UAE and Saudi Arabia aren't just winning on oil and gas. They're out-innovating Europe and the US in tech adoption.' Yet this growth hasn't come without challenges. Over 27% of companies flagged local content schemes as a critical issue. While national in-country value (ICV) programmes are designed to boost domestic participation, the fragmentation across Gulf Cooperation Council (GCC) countries often complicates compliance for multinationals operating regionally. 'If we could move away from individual countries having their own in-country value programmes to a GCC-wide programme, this would help enormously,' said one executive. The push for harmonisation could reduce duplication and unlock even greater regional synergies. Labour localisation is another tricky area, the report shows. The will is there, but firms say more guidance is needed to support the private sector in attracting and retaining local talent. 'More engagement would support the private sector in sourcing and retaining local talent and skills,' another respondent said. There's also rising pressure on infrastructure. Around 18% of executives called for smarter logistics parks, dedicated freight corridors, and improved trade infrastructure. The ambition is huge — and so are the physical demands that come with it. Despite these obstacles, business confidence remains high. The region is increasingly seen as a high-performance zone for energy, buoyed by consistent government support, low business costs, and policies that actively reward private-sector growth. For many international firms, the equation is simple: go where the work is, and the Middle East has it in abundance. As the report notes, supply chains are mobile, and companies are increasingly relocating operations and skilled personnel to regions offering policy stability and better returns. In Broadley's words: 'Investors and company owners simply won't wait for a policy or pledge for jam tomorrow. They need the work now.' In an era of energy transition, the Middle East isn't waiting around. It's building fast, pragmatically, and with a confidence that's hard to ignore. Across the 140 global energy firms surveyed across five regions (Americas, UK, Europe, Middle East and APAC), 2024 was a record-breaking year for energy firms, with 77% of companies reporting growth and an average surge of 24% in revenue—matching last year's record. But that momentum came with blind spots. Only 6% of companies, across all regions, pursued new export markets, energy transition revenues dropped from 9% to 5%, and 91% of firms stayed focused on oil and gas. Even digital strategies fell short: 60% used AI, but just 9% linked it to growth. The Energy Industries Council brings together over 950 companies from the energy supply chain sector across all industries. Since 1943, we have evolved to provide up-to-date global market intelligence, unrivalled networking opportunities, and direct engagement with policymakers across regions. Our members — leading innovators, industry experts, and global thinkers — are at the forefront of the energy transition. Through our leading events, real-time project data, and policy expertise, we help members capitalise on opportunities and scale their operations globally. Together, we are working towards a more sustainable future.
Zawya
3 hours ago
- Business
- Zawya
Emirates Post introduces DHL's ‘Express Easy' service at select branches
Dubai, UAE: Emirates Post, the UAE's official postal service provider, has signed a strategic agreement with DHL Express UAE, the global leader in international express logistics, to launch DHL's 'Express Easy' service at select Emirates Post branches. The partnership marks a landmark milestone in developing the national postal network into a globally connected service platform that prioritises simplicity, access, and customer empowerment. Furthermore, it reflects both entities' shared commitment to providing agile, customer-focused solutions that support the evolving needs of individuals, entrepreneurs, and SMEs. DHL's 'Express Easy' service aims to streamline international shipping by offering a user-friendly and all-inclusive pricing, making it easier for individuals and small businesses to send packages all across the globe with greater ease and transparency. Moreover, by integrating DHL's trusted global logistics capabilities with Emirates Post's local expertise and reach, the initiative strengthens the UAE's stature as a leading international trade and eCommerce hub. This collaboration with DHL marks a strategic milestone in a broader strategy to transform Emirates Post branches into dynamic hubs offering a wide range of services to serve individuals and businesses. With a legacy of trusted service in the UAE, DHL continues to connect the nation to over 220 countries and territories worldwide, empowering customers to trade, grow, and connect globally with confidence. Together, Emirates Post and DHL are creating smarter, more connected logistics solutions that drive innovation, support economic growth, and make global shipping easier for everyone in the UAE.
