Afternoon Coffee: UPS to spend a TON on natural gas; How Ivalua measures up to SAP Ariba, other big competitors

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United Parcel Service is doing its part to support both local sourcing and the U.S. natural gas industry, as well as its own sustainability efforts, by making reportedly what will be the largest spend “for use of [renewable natural gas] to date by any company in the United States."

According to Supply Chain Dive, “UPS has agreed to buy 170 million gallon equivalents of renewable natural gas (RNG) from Clean Energy Fuels through 2026,” and “plans to use between 22.5 and 25 million gallon equivalents of RNG per year.

“It already has a fleet of 6,100 CNG and LNG vehicles that can run on this fuel stationed across nine countries,” according to the company.

Ivalua now a $1 billion ‘unicorn’ — how does it measure up for customers and users?

Spend Matters today released Ivalua’s Customer Insights report, containing both quantitative and qualitative peer-review customer user feedback on the company’s spend management suite solutions.

Read more about how to access the Customer Insights report right here.

The Spend Matters analyst team also just published a deep-dive comparative analysis on Ivalua having taken the leading edge from its competitors SAP Ariba, Oracle and Coupa — or has it?

Read more on the competitor comparisons right here (full article: paywall).

Shoe companies ask Trump to delete footwear from tariff list

Famous shoe brands like Nike have written a letter to President Donald Trump asking to be taken off the list. Over 170 footwear companies, including Nike, Adidas, Aldo, and Reebok are signatories to the letter, which was shared yesterday by the Footwear Distributors and Retailers of America (FDRA).

Committee inclined to downsize F-35 spare parts request

The House Appropriations defense subcommittee is leaning towards giving its green light to only half of the Pentagon's spare parts purchases for F-35 jets.

The House panel intends to hold back the funding until the Pentagon and Lockheed Martin Corp. agreed on the sale of technical data for spare parts to improve the tracking of items and allow purchases from other suppliers.

Research firm says $2 billion invested so far in trucking tech startups

A recent report by New York-based research firm CB Insights has said about $2 billion had already been invested into trucking tech startups through mid-May. The $2 billion figure covered 27 deals. For all of 2018, investment in the sector reached $3.6 billion.

Postal service starts self-driving trucks mail delivery test

The postal service has initiated a two-week-long test transporting mail across three Southwestern states using self-driving trucks.

This is a move to commercialize autonomous vehicle technology for hauling freight. San Diego-based startup TuSimple’s self-driving trucks will haul mail between USPS facilities in Phoenix and Dallas.

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