Connect with us

Technology

ASMO Announces First Warehouse Operations Go-Live and Strategic Partnership with Aramco

Published

2 years ago

on

DHAHRAN, Saudi Arabia, Jan. 14, 2025 /PRNewswire/ — ASMO, a joint venture between Saudi Aramco Development Company and DHL, yesterday announced the official launch of its operations, marking a significant milestone just one year after its incorporation. The announcement was made during the iktva Forum & Exhibition 2025 at the Dhahran Expo, held under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz Al-Saud, Governor of the Eastern Province, Saudi Arabia.

Coinciding with its operational launch, ASMO unveiled a landmark 15-year Procurement and Logistics Hub Services Agreement with Aramco. This strategic commercial partnership governs the relationship between Aramco as a customer and ASMO as a service provider. Under this agreement, ASMO will deliver integrated end-to-end supply chain services, including procurement, demand planning, inventory management, logistics, warehousing, establishing logistics hubs, and access to a B2B e-marketplace.

“This agreement reflects Aramco’s commitment to enhancing supply chain operations and strengthening local capabilities,” said Sulaiman M. Al Rubaian, Aramco Senior Vice President of Procurement & Supply Chain Management (A). “Our long-term agreement with ASMO demonstrates our trust and confidence in its ability to deliver integrated supply chain solutions that will optimize operations, drive cost-efficiency, and build an extensive supply chain ecosystem that is aligned with our strategic priorities.”

ASMO’s operational launch begins with the go-live of its warehousing operations in Riyadh, supporting Aramco’s central region operations.

“With the launch of our first warehouse operation in Riyadh and this strategic commercial agreement with Aramco, ASMO is taking its initial steps toward building a resilient logistics network that spans six strategically located, technology-enabled facilities across the Kingdom,” said Craig Roberts, ASMO CEO. “This milestone represents the beginning of our operational journey, as we expand our capabilities, address today’s supply chain challenges, and deliver solutions that create value for businesses across Saudi Arabia and the wider MENA region.”

As a key participant at iktva 2025, ASMO’s announcement demonstrates its commitment to advancing localization efforts, enhancing logistics infrastructure, and contributing to Vision 2030’s goal of positioning Saudi Arabia as a hub for global trade and supply chain excellence.

About ASMO

We are ASMO. Our mission is to provide reliable, world-class, procurement and end-to-end supply chain services that create value for companies in the energy, chemical, and industrial sectors across Saudi Arabia and the wider MENA region.

With a focus on efficiency, innovation, and cost optimization, we deliver streamlined and sustainable supply chain solutions. Our expertise includes materials procurement, inventory management, logistics, reverse logistics, and warehousing—all powered by cutting-edge technologies.

As a contributor to Saudi Arabia’s Vision 2030, ASMO supports economic diversification and resilience by advancing localization and building strategic partnerships.

To learn more about ASMO, please visit our website www.asmo.com.

Photo – https://mma.prnewswire.com/media/2597550/ASMO_Aramco.jpg

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/asmo-announces-first-warehouse-operations-go-live-and-strategic-partnership-with-aramco-302350284.html

SOURCE ASMO

Related Topics:
Continue Reading

Technology

Corvex to Host Third Quarter 2026 Earnings Call on Thursday, November 12, 2026

Published

59 minutes ago

on

November 3, 2026

By

ARLINGTON, Va., Nov. 3, 2026 /PRNewswire/ — Corvex, Inc. (Nasdaq: MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced that it will report its third quarter 2026 financial results before the market open on Thursday, November 12, 2026.

Management will host a conference call and live audio webcast that day at 8:30 a.m. ET / 5:30 a.m. PT to discuss the results and provide a business update.

The call will consist of prepared remarks followed by a question-and-answer session. Investors who would like to submit a question in advance may email Corvex Investor Relations at investor-relations@corvex.ai.

The live webcast of the earnings conference call can be accessed at the Corvex Investor Relations website at investors.corvex.ai. A replay of the webcast will be available at the same website following the call. Investors can also sign up for email alerts.

About Corvex, Inc.
Corvex, Inc. (Nasdaq: MOVE) is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads, and a publicly traded pure-play AI compute platform. The company provides secure, scalable and cost-efficient compute resources through GPU-accelerated clusters, high-throughput storage and a layered architecture engineered for reliability, performance and efficiency at scale. Corvex’s product suite includes AI Factories and GPU Clusters, the Assured AI confidential-computing platform, as well as the Corvex Token Factory, an inference platform now publicly available. For more information, visit corvex.ai.

Investor Contact
investor-relations@corvex.ai 

Media Contact
corvex.media@stillpointglobaladvisors.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/corvex-to-host-third-quarter-2026-earnings-call-on-thursday-november-12-2026-302928409.html

SOURCE Corvex

Continue Reading

Technology

Cisco Schedules Conference Call for Q1 Fiscal Year 2027 Financial Results

Published

59 minutes ago

on

November 3, 2026

By

SAN JOSE, Calif., Nov. 3, 2026 /PRNewswire/ — Cisco (NASDAQ: CSCO) has scheduled a conference call for Thursday, Nov 12, 2026, at 1:30 PM (PT); 4:30 PM (ET) to announce its first quarter fiscal year 2027 financial results for the period ending Saturday, October 24, 2026.

Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Thursday, Nov 12, 2026. Cisco’s quarterly earnings press release will be posted at https://newsroom.cisco.com.  

Date:                     
Thursday, Nov 12, 2026

Time:                     
1:30 PM (PT); 4:30 PM (ET)

To Listen via Telephone: 
888-848-6507
212-519-0847 (for International Callers)

To Listen via the Internet: 
We are pleased to offer a live and replay audio broadcast of the conference call with corresponding slides at https://investor.cisco.com.

The conference call will also be livestreamed on YouTube, LinkedIn, & X.

Replay:
A telephone playback of the Q1 FY2027 conference call is scheduled to be available beginning at 4:00 PM (PT) on Nov 12, 2026, through 11:59 PM (PT) Nov 18, 2026. The replay will be accessible by calling 800-839-2232 (International callers: 203-369-3662). The call runs 24 hours/day, including weekends. An archived version of the webcast will be available on Cisco’s Investor Relations website at https://investor.cisco.com.

About Cisco

Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/cisco-schedules-conference-call-for-q1-fiscal-year-2027-financial-results-302928403.html

SOURCE Cisco Systems, Inc.

Continue Reading

Technology

Powerfleet Sets Second Quarter Fiscal 2027 Conference Call for Monday, November 9, 2026, at 8:30 a.m. ET

Published

59 minutes ago

on

November 3, 2026

By

WOODCLIFF LAKE, N.J., Nov. 3, 2026 /PRNewswire/ — Powerfleet, Inc. (Nasdaq: AIOT) today announced that it will hold a conference call on Monday, November 9, 2026, at 8:30 a.m. Eastern time (5:30 a.m. Pacific time) to discuss results for the second quarter fiscal year 2027 ended September 30, 2026. Financial results will be issued in a press release prior to the call.

Powerfleet management will host the presentation, followed by a question-and-answer session.

Date: Monday, November 9, 2026
Time: 8:30 a.m. Eastern time (5:30 a.m. Pacific time)
Toll Free: 888-506-0062
International: 973-528-0011
Participant Access Code:  906580

The conference call will be broadcast simultaneously and available for replay here and via the investor section of the company’s website at ir.powerfleet.com.

ABOUT POWERFLEET
Powerfleet (Nasdaq: AIOT; JSE: PWR) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry. With more than 30 years of experience, Powerfleet unifies business operations through the ingestion, harmonization, and integration of data, irrespective of source, and delivers actionable insights to help companies save lives, time, and money. Powerfleet’s ethos transcends our data ecosystem and commitment to innovation; our people-centric approach empowers our customers to realize impactful and sustained business improvement. The Company is headquartered in New Jersey, United States, with offices around the globe. Explore more at www.powerfleet.com. Powerfleet has a primary listing on The Nasdaq Global Market and a secondary listing on the Main Board of the Johannesburg Stock Exchange (JSE).

Powerfleet Investor Contacts
Carolyn Capaccio and Jody Burfening
Alliance Advisors IR
AIOTIRTeam@allianceadvisors.com

Powerfleet Media Contact
Jonathan Bates
jonathan.bates@powerfleet.com 
+44 7921 242 892

View original content to download multimedia:https://www.prnewswire.com/news-releases/powerfleet-sets-second-quarter-fiscal-2027-conference-call-for-monday-november-9-2026-at-830-am-et-302928379.html

SOURCE Powerfleet

Continue Reading

Trending