Page 33 - Logistics News - May 2021
P. 33

C O MPANY  NE W S





         FedEx extends


         support to India



         FedEx Express, a subsidiary of FedEx Corp, donated a
         second dedicated charter flight carrying critical medical
         aid to India. This is part of the company’s continuous
         relief efforts to support India’s fight against the recent
         COVID-19 surge. Thousands of oxygen concentrators
         and converters and over two million masks are among
         the medical supplies airlifted to India through charitable
         shipping.

            On 16 May, more than 780 oxygen concentrators, over
         1.8 million KN95 masks, medicines and pharmaceutical
         supplies were unloaded from a charter flight in New
         Delhi, India by Direct Relief to be delivered to health care   Panasonic acquires
         facilities across the country. This is in addition to the
         first FedEx donated charter flight that arrived on 9 May,   Blue Yonder
         which transported more than 3,400 oxygen concentrators,
         converters and nearly 265,000 KN95 masks for Direct                         Courtesy SupplyChainBrain
         Relief to Mumbai, India. Both charters originated in
         Newark, New Jersey.                                    Panasonic Corporation recently acquired Blue Yonder,
                                                                an end-to-end, digital fulfilment platform provider.
            FedEx is also supporting the transportation of over   Panasonic will purchase the remaining 80 percent
         25,000 oxygen concentrators and converters through an   of shares of Blue Yonder, adding to the 20 percent it
         initiative with the US-India Strategic Partnership Forum   acquired in July 2020.
         and other multinational companies.
                                                                   This acquisition aligns with Panasonic’s Autonomous
                                                                Supply Chain mission, encouraging customers to
                                                                optimise their supply chains using the combined power
                                                                of AI/ML and IoT and edge devices. By unifying supply,
                                                                demand and commerce solutions with IoT and edge
                                                                technologies, companies can utilise predictive business
                                                                insights to pivot their operation in real-time. Combining
                                                                Panasonic’s experience in industrial engineering, IoT
                                                                and edge technologies with Blue Yonder’s AI/ML-driven
                                                                supply chain and commerce solutions will enhance Blue
                                                                Yonder’s digital fulfilment platform.

                                                                   “I’m extremely happy to welcome Blue Yonder
                                                                and its associates to the Panasonic Group,” says Yuki
                                                                Kusumi, CEO of Panasonic. “By merging the two
         Oxygen concentrators, masks and critical medical supplies are   companies, we would like to realise a world where   L O GI S T I CS NEWS
         unloaded from a FedEx charter flight for delivery at New Delhi,   waste is autonomously eliminated from all supply chain
         India. Photo source: FedEx.                            operations and the cycle of sustainable improvement
                                                                continues.” •

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