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Finance · Logistics

Twin Disc Subsidiary Katsa Invests in New Assembly Plant to Meet Rising Global Demand

TAMPERE, Finland, Oct. 14, 2026 -- Twin Disc, Inc. (NASDAQ: TWIN)  subsidiary Katsa today announced that it is expanding its capacity with a 54,000-square-foot gearbox assembly facility and warehouse in Pirkkala, Finland in response to a double-digit percentage year-over-year increase in demand.

Oct 14 · 12:00GlobeNewswire
Energy · Retail

Oritain Launches Supplier Intelligence Report, Revealing a New Era of Supply Chain Collaboration

SINGAPORE, Oct 14, 2026 - Oritain, global leaders in forensic origin verification, announced the release of its Supplier Intelligence Report, a dedicated supplier deep dive building on findings from the inaugural 2026 Global Supply Chain Intelligence Report. Drawing on Oritain’s supplier intelligence* across key global manufacturing hubs, the report offers a unique view into how suppliers are responding to growing regulatory scrutiny, customer expectations and sourcing pressures. The findings challenge a common industry assumption: suppliers are not resisting transparency. Instead, they are actively investing in traceability, seeking stronger collaboration and looking for credible ways to demonstrate trust. The report suggests the industry is entering a new phase of supply chain integrity. While traceability has become increasingly established, the next challenge is ensuring supply chain claims can be supported by independent evidence. As brands, retailers and manufacturers face greater scrutiny from regulators, investors and consumers alike, the ability to substantiate provenance and sourcing claims is becoming a critical business capability. The research draws on supplier insights from key manufacturing markets, complementing findings from the 2026 Global Supply Chain Intelligence Report, which examined sourcing risk, enforcement trends and consumer trust across global supply chains, by shining a light on the evolving priorities, challenges and opportunities facing suppliers themselves. From Traceability to Trust: The Rise of Verified Supply Chain Ecosystems The Supplier Intelligence Report highlights a significant shift in supplier attitudes towards transparency and verification. Nearly 80% of suppliers surveyed already operate some form of traceability solution, while 75% are open to adopting new traceability technologies. More significantly, 77% expressed interest in participating in origin verification initiatives, highlighting growing recognition that transparency alone is no longer enough to build trust in today's supply chain environment. "The findings tell a different story than many people expect," said Gemma Lynch, Chief Customer Officer at Oritain. "Suppliers are not pushing back against transparency. They are actively looking for ways to participate in a more trusted supply chain ecosystem. The challenge is no longer willingness to engage. The challenge is ensuring claims can be substantiated with credible evidence when questions arise." Key Insights from Oritain's Supplier Intelligence Report Collaboration is Emerging as a Competitive Advantage: 77% of suppliers surveyed expressed interest in collaborating on origin verification initiatives, signalling growing momentum towards shared responsibility across supply chains. Transparency is Becoming a Business Imperative: More than 85% of suppliers describe supply chain transparency as important or very important to their business, reinforcing that transparency is now a core commercial consideration rather than a niche sustainability issue. Traceability Adoption Has Accelerated: Nearly 80% of suppliers already use traceability solutions, while 75% remain open to adopting new technologies, demonstrating continued investment across the sector. Customer and Consumer Expectations Are Driving Change: 81% of suppliers identified consumer demand as a key driver of transparency efforts, while retailer and customer requirements continue to shape investment decisions. Leadership Engagement is Growing: 73% per cent of suppliers involve executive leadership in traceability and transparency decisions, suggesting these issues are increasingly viewed as strategic priorities. Verification is the Next Frontier: As traceability becomes increasingly common, suppliers are seeking more credible ways to validate sourcing claims and differentiate themselves in competitive markets. Building the Future Through Connected Networks The report arrives shortly after Oritain announced significant enhancements to its Membership program, creating a stronger framework for collaboration between brands, suppliers and manufacturers. Combining forensic origin verification, supply chain intelligence and a growing network of verified participants, Oritain Membership is designed to help organisations move beyond isolated compliance towards a more connected ecosystem built on trust, transparency and evidence. "The future of supply chain integrity will not be built by organisations operating in isolation," said Lynch. "It will be built through networks of buyers and suppliers working from a shared foundation of trusted data, independent verification and actionable intelligence. As expectations continue to rise, organisations need more than visibility into their supply chains. They need confidence in the information they are using to make decisions. Our role is to provide the science, intelligence and verification that help make that possible." * The research surveyed 122 senior decision-makers, primarily at director level or above, across 10 markets (China, Hong Kong, India, Indonesia, South Korea, Türkiye, Vietnam, Singapore, Bangladesh and Pakistan), with 80% of respondents having more than four years of industry experience. For media enquiries please contact: oritainSG@slingstone.com About Oritain Oritain is a global leader in forensic origin verification, with a vision to be the source of truth in global supply chains.  Our proprietary methodology verifies origin through multiple analytical techniques – including isotopes, trace elements, and non-traditional isotopes – combined with advanced statistical modelling and a comprehensive global reference database. Through our Membership Network, which includes structured verification programs, we are trusted by organizations worldwide across industries including fashion and cotton, leather, timber, and more helping them achieve regulatory compliance, reduce reputational risk, and meet market demand through verifying the provenance of their products. Oritain’s award winning solution has received global recognition, most recently winning the Global Environment award at the Greater Good Awards, Judges’ Choice for Environmental Impact at the Environment + Energy Leader Awards, among others. To learn more, visit www.oritain.com

Oct 14 · 11:00ACN Newswire
Logistics

Morrisons Selects Logile to Enhance Store Planning Across its Supermarket, Convenience and Logistics Sites

Morrisons picked Logile to replace manual spreadsheets with automated workload planning across its UK stores and logistics sites.

Oct 14 · 09:00GlobeNewswire
Logistics

Sterling Trading Tech and Atlas Digital Markets Turn Order Data into Best Execution Evidence

Sterling and Atlas announced a technology collaboration that brings execution analytics directly into the Sterling OMS 360 & Sterling Data Warehouse.

Oct 14 · 06:00GlobeNewswire
Finance · AI

GP Energy Tech, a subsidiary of Gold Peak, showcases Nickel-Zinc battery technology at Hong Kong Electronics Fair

Hong Kong, Oct 14, 2026 - As artificial intelligence (AI) and cloud services grow rapidly, uninterruptible power supply (UPS) systems are becoming increasingly important in keeping data centers running reliably. GP Energy Tech Limited (“GP Energy Tech” or the “Company”), a subsidiary of Gold Peak Technology Group Limited (“Gold Peak”) (SEHK: 40), is showcasing its Nickel-Zinc (NiZn) battery system at the Hong Kong Electronics Fair (Autumn Edition), held at the Hong Kong Convention and Exhibition Center from October 13 to 16. With Manufacturing Twins and Speed to Scale at the core of its approach, the Company is advancing the development and scalable supply of backup power solutions for AI and cloud data centers, as well as other critical infrastructure. As part of its product development efforts, the Company is embracing the promising application of NiZn batteries in UPS systems and battery backup units (BBUs) and is also exploring opportunities to provide backup power for emerging 800-volt direct current (800 VDC) architectures. Speed to Scale: accelerating commercialization through smart manufacturing Drawing on Gold Peak's more than 60 years of experience in battery design, manufacturing and sales, GP Energy Tech is leveraging the Group's expertise in electro-chemistry and high-volume Nickel-based battery manufacturing to advance its NiZn battery systems. Through smart automation and replicable production processes, the Company is accelerating the transition from technology development to commercial application. While maintaining consistent quality and reliable delivery, it flexibly expands manufacturing capacity in line with customer demand, supporting the delivery of NiZn battery solutions at scale to meet growing demand for next-generation backup power. Alan Lo, Executive Vice Chairman of GP Energy Tech said: “The value of NiZn technology lies in its ability to meet the industry’s requirements for safety, power and sustainability simultaneously. By combining this technology with Gold Peak’s more than 60 years of manufacturing experience, smart automation and Manufacturing Twins strategy, we are building scalable supply capacity. This is what sets GP Energy Tech apart. The rapid growth of AI and cloud services is creating new requirements for backup power in data centers and other critical infrastructure. We believe solutions that combine safety, high-power density and recyclability will play an important role in data centers. We look forward to working with customers and partners worldwide to advance the adoption of NiZn battery technology in these applications.” Alan Lo (left), Executive Vice Chairman of GP Energy Tech, and Brian Li (right), Vice Chairman and Executive Vice President of Gold Peak, introduce the NiZn battery technology to visitors and explain how it can meet the evolving backup power needs of AI and cloud data centers. Kevin Choi (left), Permanent Secretary for Innovation, Technology and Industry of the Hong Kong SAR Government, visits the GP Energy Tech booth to learn about the company’s NiZn battery technology for backup power applications across the entire AI value chain and in cloud data centers. Sophia Chong (left), Executive Director of the Hong Kong Trade Development Council (HKTDC), joins GP Energy Tech’s management team for discussion on the development of the innovation and technology industry. Combining safety, high-power density and sustainability Combining non-flammable chemistry, high-power density, a compact footprint, and over 90% recyclability, GP Energy Tech’s NiZn battery solution is designed primarily for AI and cloud data centers and is also suitable for other critical infrastructure. It offers operators a backup power option for use with UPS systems. Its water-based, non-flammable electrolyte  avoids thermal runaway risk in high-density computing environments, while its high-power density supports more efficient use of space, requiring 74% less floor space per MW than lead-acid systems. Its recyclability also supports resource circularity, enabling operators to balance performance and sustainability when deploying backup power. From cell to cabinet: supporting flexible deployment GP Energy Tech’s NiZn battery solution features a modular design built around cells in cylindrical Sub-C format. Each pack contains 128 cells, with nine packs forming a module and ten modules integrated into a cabinet containing 11,520 cells. This architecture allows customers to deploy the solution flexibly according to their UPS system configurations, meeting the backup power requirements of different applications. Exploring applications in UPS systems, BBUs, and emerging 800 VDC architectures To address the power requirements of different applications, GP Energy Tech is further assessing NiZn battery solutions for UPS systems and BBUs, considering power density, system footprint and backup runtime to inform its product development direction. The Company is also actively exploring battery backup opportunities in emerging 800 VDC power architectures as the power infrastructure needs of AI and cloud data centers evolve. Suitability will be further assessed through system-level testing and validation. Advancing commercialization through Manufacturing Twins strategy and industry collaboration GP Energy Tech’s Manufacturing Twins strategy brings together manufacturing facilities in China and Malaysia to enhance flexibility in capacity allocation and strengthen supply resilience, providing reliable supply support for customers in different markets. The Company’s first NiZn manufacturing facility in Dongguan, China, commenced operations in January 2026 and entered full mass production in mid-June. The first commercial order was delivered in August 2026. The Malaysian facility, part of the Manufacturing Twins strategy, is targeted to open in the third quarter of 2027. The production lines use fully automated, lights-out smart manufacturing integrated with a Manufacturing Execution System (MES), ensuring consistent quality for every cell produced and full traceability throughout production. Drawing on the Group’s technical and manufacturing expertise, GP Energy Tech focuses its R&D and industry collaboration on Hong Kong and the Greater Bay Area. The Company leverages Hong Kong’s international exhibition platforms and business networks to connect with overseas customers and partners. In response to application needs across different markets and customers’ system configuration and deployment requirements, the Company is advancing the validation and commercialization of its NiZn battery solutions and gradually expanding into the backup power market for AI and cloud data centers, as well as other critical infrastructure.   GP Energy Tech showcases its modular NiZn battery solution at the Hong Kong Electronics Fair (Autumn Edition), offering flexible configurations to meet various backup power requirements. Gold Peak Technology Group Limited Charlotte Wong Senior Manager, Corporate Communications Tel: (852) 2485 5328 Email: charlotte_wong@goldpeak.com AJA Capital Limited Avy Yu / Janet Louie Tel: (852) 9500 4443 / (852) 9155 5615 Email: avy.yu@ajacapital.com.hk / janet.louie@ajacapital.com.hk About Gold Peak Gold Peak Technology Group is a global battery and electronics company with an aspiration to become one of the leaders in providing energy and sound solutions that enlighten and empower lives, and with sustainability as a focus. The parent company, Gold Peak Technology Group Limited (SEHK: 40), was established in 1964 and has been listed on the Stock Exchange of Hong Kong since 1984. Gold Peak holds a majority stake at 86.18%* in the Singapore-listed GP Industries Limited as its major industrial investment vehicle and operates manufacturing, R&D, marketing and distribution operations in more than 10 countries around the world. Gold Peak Technology Group Limited not only develops its consumer batteries, electronics and audio products, but also puts great emphasis on R&D of new Nickel-Zinc (NiZn) rechargeable battery and B2B battery technologies. The Group has built renowned brand names for its major product categories, including GP batteries, GP Recyko batteries, KEF premium audio products and Celestion professional speaker drivers. www.goldpeak.com ( * shareholding % as at 14 October 2026)

Oct 14 · 03:25ACN Newswire
AI · Logistics

Globavend Holdings to Present at the 2026 ThinkEquity Conference

Presentation to highlight established logistics operations and growth strategy spanning AI-powered digital entertainment and live events Presentation to highlight established logistics operations and growth strategy spanning AI-powered digital entertainment and live events

Oct 13 · 22:47GlobeNewswire
Logistics · Sustainability

Ozinga Opens New Low-Carbon Cement Mill

Largest of its kind in North America, producing 1 million tons of slag cement annually CHICAGO, Oct. 13, 2026 -- Ozinga cut the ribbon today on a low-carbon cement mill in East Chicago, Indiana, aimed at strengthening the domestic supply chain for building materials,...

Oct 13 · 22:00PR Newswire
Finance · Industrial

Gates Grows Its Warehouse Automation Portfolio with IntraLogix™ LRB-100

New Live Roller Belt Replaces Conventional Fabric Construction With A More Durable Polyurethane Design to Help Reduce Maintenance and Downtime DENVER, Oct. 13, 2026 -- Gates Industrial Corporation Ltd. (NYSE: GTES), a global manufacturer of innovative, highly engineered power...

Oct 13 · 21:41PR Newswire
Logistics

Corgi Insurance Appoints Daniel Oldham as Head of Underwriting for Trucking

Corgi Insurance recently announced the appointment of Daniel Oldham, CPCU, as Head of Underwriting for Trucking, bringing more than a decade of commercial insurance and transportation underwriting experience to the company. Oldham joins Corgi with extensive experience developing and managing transportation insurance programs, leading underwriting teams, and building profitable books of business acro

Oct 13 · 15:19PR Newswire
AI · SaaS

£277k AI project aims to transform warehouse management for food and drink wholesalers

Tuesday 13 October, 2026 BCP and Manchester Metropolitan University partnership will develop practical AI capabilities for BCP’s Accord warehouse management system, with an initial focus on labour and warehouse optimisation. STOCKPORT, OCTOBER 2026 – Food and drink wholesale technology specialist BCP has partnered with Manchester Metropolitan University on a £277,000 innovation project to develop new applications for artificial intelligence within the wholesale warehouse. The two-year Knowledge Transfer Partnership (KTP) is funded by UKRI through Innovate UK and supported by BCP, and will bring together BCP’s decades of experience in food and drink wholesale technology with Manchester Met’s expertise in artificial intelligence, data science and academic research. At the heart of the project will be the development of new AI-led capabilities for BCP’s Accord warehouse management system, with an initial focus on improving labour and warehouse management. The ambition is to investigate how AI can use the large volumes of operational data generated within wholesale businesses to support better decision-making, improve productivity and help warehouse teams make more effective use of people and resources. Potential applications include identifying patterns in warehouse activity, strengthening labour planning, anticipating resource requirements and highlighting opportunities for greater efficiency. The project comes as food and drink wholesalers continue to face pressure from rising operating costs, tight margins, changing customer expectations and the need to increase productivity across increasingly complex operations. BCP believes this makes the case for practical applications of AI particularly compelling. David Shield, Solutions Architect at BCP, said: “There is a huge amount of discussion about AI, but for our customers the question is much simpler: what can it actually do to make their businesses better?” “Wholesalers already generate enormous amounts of valuable data. The opportunity is to use AI intelligently to turn that information into insights and actions that make a tangible difference on the warehouse floor.” “We have spent decades working alongside food and drink wholesalers, so we understand the realities of running these businesses. By combining that industry knowledge with Manchester Met’s expertise in AI and data science, we have an opportunity to develop technology around genuine industry challenges.” “Labour and warehouse optimisation are an important starting point, but the bigger opportunity is to learn where AI can deliver measurable value across wholesale operations. That is what makes this partnership particularly exciting for us and, ultimately, for our customers.” The partnership will embed specialist AI expertise within BCP while drawing on academic support from Manchester Metropolitan University, helping turn research and emerging AI techniques into technology that can be applied in a real-world wholesale environment. Dr Kate Macfarlane, Senior Lecturer in AI at Manchester Metropolitan University, said: “The project is focused on taking advanced AI research beyond the academic environment and exploring how it can be applied to genuine challenges within wholesale, creating capabilities with clear commercial relevance.” Dr Seun Ajao, Senior Lecturer in Data Science & AI at Manchester Metropolitan University, said: “This Knowledge Transfer Partnership is an excellent opportunity to combine academic expertise in artificial intelligence and data science with BCP’s deep understanding of wholesale operations.” “Working directly with BCP and the wholesale sector will also give us valuable insight into how AI can be deployed responsibly and effectively in complex, real-world business environments.” The collaboration forms part of the Knowledge Transfer Partnership programme, which helps UK businesses access academic expertise to deliver strategically important innovation projects. For BCP, the project is part of a wider commitment to helping food and drink wholesalers make better use of technology and data to drive efficiency, strengthen profitability and remain competitive. Jeff Higgs, Head of Development, added: “Technology succeeds when the people using it can see the benefit. Our measure of success won’t be how much AI we put into Accord; it will be whether the technology helps wholesalers make better decisions, work more efficiently and improve their businesses.” -Ends- Notes to editors About the project The Knowledge Transfer Partnership between Business Computer Projects Ltd (BCP) and Manchester Metropolitan University is a two-year project focused on developing AI-led capabilities and enhancements for BCP’s Accord warehouse management system. The project has a stated value of £277K and is funded by UKRI Innovate UK, with BCP participating as the business partner. Its initial areas of focus include the optimisation of labour and warehouse management functionality. About BCP BCP is a specialist technology provider to the food and drink wholesale and distribution industry. With decades of experience working with wholesalers, BCP develops ERP, warehouse management and digital solutions designed around the operational requirements of grocery, foodservice and cash & carry businesses. Its Accord solution helps wholesalers manage key areas of their operations, with BCP continuing to invest in technology designed to improve efficiency, productivity and profitable growth. About Knowledge Transfer Partnerships Knowledge Transfer Partnerships (KTP) bring businesses together with UK universities and other knowledge-base organisations to deliver strategic innovation projects. KTP projects are part-funded through grants from Innovate UK, with participating businesses contributing towards the cost of the project. Media contact Shannon Elkins Marketing Executive, BCP shannon.elkins@bcpsoftware.com

Oct 13 · 14:39Pressat
Industrial · Logistics

AmeraMex International Secures $1.4 Million in New Orders

Chico, California--(October 13, 2026) - AmeraMex International, Inc. (OTC Pink: AMMX), a leading provider of heavy equipment serving logistics operators, infrastructure projects, and forestry management, announced new equipment orders and a long-term lease-to-purchase agreement totaling $1.4 million.AmeraMex CEO Lee Hamre commented, "We're pleased to finalize this five-year lease-to-purchase agreement with a valued Nevada customer. Multi-year contracts like this strengthen our...

Oct 13 · 14:06Newsfile
Logistics

Air Canada to Present Third Quarter 2026 Results

MONTRÉAL, Oct. 13, 2026 -- John Di Bert, Executive Vice President and Chief Financial Officer, and Mark Galardo, Executive Vice President & Chief Commercial Officer and President, Cargo, will hold a conference call for analysts at 5:30 p.m. ET on Thursday, October 29, 2026, to present the third quarter 2026 results and be available for analysts’ questions. Following the analysts' questions, John Di Bert and Pierre Houle, Vice President and Treasurer, will be available to answer questions from term loan B lenders and holders of Air Canada bonds.

Oct 13 · 13:42GlobeNewswire