GT Nexus and TradeCard Complete Merger; Commence Operations

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
GT Nexus and TradeCard Complete Merger; Commence Operations as GT Nexus

OAKLAND, CA--(Marketwired - Apr 25, 2013) - GT Nexus and TradeCard today announced the closing of their merger. The combined company will operate as GT Nexus with global headquarters in Oakland, CA and regional operating centers in New York City, Germany, China, Taiwan, Vietnam, India and Sri Lanka. The merger creates the world's biggest cloud-based platform for global commerce with over 25,000 businesses managing the flow of goods and funds on the platform.

In total, more than $100 billion in goods are managed on this single cloud platform. Customers are leaders across industries, including adidas Group, Caterpillar, Coach, DHL, Electrolux, HP, Levi Strauss & Co., Kohl's, Nestlé, Patagonia, Pfizer, Renault and Weyerhaeuser.

"The companies that win in their respective markets will operate as networks across global partner communities," said Sean Feeney, GT Nexus CEO. "The old ways of trying to use enterprise software to orchestrate global supply chains are giving way to network cloud platforms and GT Nexus is the dominant player in this arena." 

Global supply and demand is always on the move. Whether it is new sourcing strategies, new market expansion or unexpected disruptions, the path to operational agility begins with technology that is delivered in the context of a network. In the same way social platforms have changed the way people interact with each other, GT Nexus is transforming business to business commerce.

GT Nexus is the only network platform of its kind that fuses financial and physical supply chain processes in a single place. These workflows interlock in the real world of commerce and in the virtual world of GT Nexus, where the entire buy-sell lifecycle is enabled in coordination with thousands of suppliers, financial institutions, factories and logistics providers that operate on the platform.

"GT Nexus is an on tap utility for powering business networks," added Feeney. "It could not have happened without cloud. But it's here now, it's proven and it's transforming the way companies operate."

About GT Nexus GT Nexus operates the world's largest cloud-based business network and execution platform for global trade and supply chain management. Over 25,000 businesses across industry verticals, including adidas Group, Caterpillar, Citi, Columbia Sportswear, DHL, Electrolux, Levi Strauss & Co., Kohl's, Nestlé, Pfizer, Renault, and Sears share GT Nexus as their standard, multi-enterprise collaboration platform. This enables all network participants to operate against a core, real-time and always on set of information across multiple supply chain functions, allowing them to optimize the flow of goods, funds and trade information, from the point of order through final payment. For more information please visit us at www.gtnexus.com .

Bryan Nella GT Nexus 212 405 1855 Bryan.nella@gtnexus.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Latham & Watkins Bolsters Energy Expertise

Updated Category News Views 53

An Infusion of Expertise at Latham & Watkins Alright, folks, Latham & Watkins has just made a rather bold move that deserves some attention, whether you're sipping your morning joe or pondering your next investment strategy. Five big guns in the world of energy and infrastructure have entered the room, bringing their high-stakes project development and finance abilities....

Continue Reading
PRA Group Marks 30 Years with Nasdaq Bell Ringing

Updated Category News Views 78

A Milestone in Times Square Thirty trips around the sun, and here we are: PRA Group, the change-maker in the world of nonperforming loans, is celebrating by ringing the Nasdaq Opening Bell. It's a pretty big to-do in the financial world to get this nod, standing out in New York City's Times Square, no less. This shindig showcased Martin Sjolund, their President and CEO,...

Continue Reading
Xi Jinping's Vision for China's Financial Evolution

Updated Category News Views 103

Xi's Blueprint for Financial Strength Xi Jinping isn't just whistling Dixie when it comes to reshaping China's financial landscape. His vision is about more than pushing paper; it's about embedding honesty, prudence, and traditional values into the very DNA of China's financial sector. When he talks about enhancing both hard and soft power, he’s thinking wider than...

Continue Reading
Tampa General Dominates Florida Health Rankings Again

Updated Category News Views 50

Another year, another feather in the cap for Tampa General Hospital (TGH). This academic health system has grabbed the spotlight once again by securing top rankings in Newsweek's 2027 America's Best-in-State Hospitals list. You have to hand it to them; they've been the reigning champions in the Tampa Bay region every single year since these rankings kicked off. If you...

Continue Reading
PATEO Drives In-Car AI Forward with NVIDIA Power

Updated Category News Views 7

Revolutionizing In-Vehicle AI with Big Names Boy, driving ain't what it used to be, and PATEO's latest adventure has a lot to do about it. They've hooked up with some major players like NVIDIA and ByteDance to really shake up the in-car AI scene. We're not just talking bells and whistles, but a true reinvention trying to blend AI straight into our daily grind on the road....

Continue Reading
Spire Missouri's Rate Hike: Safety or Financial Squeeze?

Updated Category News Views 120

A Rate Hike Tied to Safety or a Customer Burden? Listen up, what we've got here is Spire Missouri stamping down with a rate hike to bolster safety and reliability. It's a classic gas provider move, asking the Missouri Public Service Commission to greenlight this hike that’d have bills going up—$10 in the west, $13 in the east. That's 11% and 15% jumps. Not small...

Continue Reading
Hudsonville's Leadership Shift Eyes the Future

Updated Category News Views 168

Hudsonville's New Chapter: Enter CJ Ellens When a firm as storied as Hudsonville Ice Cream elects a new captain at the helm, folks sit up and take notice. CJ Ellens, already well-embedded in the fabric of Hudsonville, is set to steer the ship starting January 1, 2027. This isn't just a revolving door of C-suites, but more like a passing of the torch to someone bred in the...

Continue Reading
Reju Partners with Six Mills to Advance Textile Regeneration

Updated Category News Views 45

Big Moves in Textile Regeneration Now here's a move that's got the fabric world buzzing: Reju, the scrappy textile-to-textile regenerative powerhouse, is teaming up with six mills spread across Europe and the U.S. They’re setting the stage to crank up their polyester recycling game and flood the market with sustainable, eco-friendly fabrics. It's a bold step toward...

Continue Reading
Kirk Goehring: A Profile in Emerging Banking Leadership

Updated Category News Views 164

A Rising Star in the Banking World You don't see a lot of folks these days making waves in the banking sector quite like Kirk Goehring has. And it's a decent feat, earning a nod from the American Bankers Association (ABA) as one of their 2026 Emerging Leader Awards recipients. For those of you wondering if this is just another hollow accolade, think again. The ABA doesn't...

Continue Reading
Polypropylene Takes a Quantum Leap with Dyeability Boost

Updated Category News Views 71

Revolutionizing Polypropylene’s Dyeability Problem There's a new kid on the block in the textile world, and it's turning heads for good reason. Picture this: polypropylene, which typically struggled with dyeability, now boasting a PET-like finish, thanks to a groundbreaking collaboration between Newlight Technologies and Prime Polymer. They've taken polypropylene and...

Continue Reading

Top 5 Most Recently Viewed Articles

Lumen Technologies: The Underrated AI Stock to Watch

Updated Category News Views 121

Investing in AI: A Closer Look at the Landscape Investors are always on the lookout for the next big opportunity, especially in the fast-changing world of artificial intelligence (AI). One company that has caught a lot of attention for its potential in this area is Lumen Technologies (NYSE: LUMN). Unlike established leaders like Nvidia (NASDAQ: NVDA), which has already...

Continue Reading
Understanding Newmont's Recent Unusual Options Activity Insights

Updated Category News Views 211

Deciphering the Unusual Options Activity for Newmont In the world of finance, unusual options activity often signals underlying shifts in market sentiment. Recently, Newmont, a key player in the mining sector, has caught the attention of investors due to bearish tendencies in options trading related to its stock symbol, NEM. This observation becomes particularly important...

Continue Reading
Lam Research Corporation's Upcoming Financial Conference Call Details

Updated Category News Views 116

Lam Research Corporation Announces Upcoming Financial Conference Call Lam Research Corporation, a prominent name in the semiconductor industry, is set to host its quarterly financial conference call on an upcoming Wednesday at 2:00 p.m. Pacific Standard Time. This event provides a valuable opportunity for investors and stakeholders to gain insights into the company’s...

Continue Reading
Dr. Salam Soliman Joins Shrub Oak as Director of Services

Updated Category News Views 223

Dr. Salam Soliman Appointed as Director of Clinical Services Shrub Oak International School proudly announces the appointment of Dr. Salam Soliman, Psy.D., as its Director of Clinical Services & Research. This appointment signifies a vital step in enhancing the therapeutic day and residential program dedicated to serving autistic children, adolescents, and young adults....

Continue Reading
SoftBank Corp. and Quantinuum Join Forces for Quantum Innovation

Updated Category News Views 305

Exciting Collaboration in Quantum Computing In an era defined by rapid technological advancements, the collaboration between SoftBank Corp. and Quantinuum represents a significant leap forward in the realm of quantum computing. By joining forces, these two innovators aim to drive commercial value through practical applications of quantum technology, especially as it...

Continue Reading