ICYMI, Icertis becomes CLM unicorn; CSX lowers revenue projections; RV industry caught in trade war

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As Spend Matters reported yesterday, Icertis announced that "its latest funding round raised $115 million and that the provider of contract lifecycle management (CLM) is now valued at more than a billion dollars, reaching proverbial 'unicorn' status."


More details behind this news in the excerpt of the full story here (with complete PRO analysis behind the paywall).

CSX lowers revenue projections

Railroad CSX has lowered its revenue projections for the remainder of the year because of a slowing economy combined with intermodal lane rationalizations. Executives told Supply Chain Dive in an earnings call that the railroad originally projected revenue to be up 1-2% for the year but had now revised predictions, expecting revenues to be down 1-2%.

Server manufacturers hit with supply chain virus

Threatpost reports that Lenovo, Acer and five more server manufacturers were hit with supply-chain bugs buried in motherboard firmware. The firmware vulnerabilities allow adversaries to brick servers and run arbitrary code on targeted systems. The bugs can even survive an operating system reinstallation.

RV industry gets caught in tariff war

The uniquely American manufacturing sector for recreational vehicles finds itself in the crosshairs of President Trump’s “trade war” with much of the globe. A Reuters report, based on interviews with industry insiders and economists, as well as data, said there was a steep sales decline amid rising costs and consumer prices. The industry has taken hits from U.S. tariffs on steel and aluminum and other duties on scores of Chinese-made RV parts, from plumbing fixtures to electronic components to vinyl seat covers.

Marinus Global launches cloud-based solution

Marinus Global has launched its Columbus cloud-based platform, which it claims will bring real cost- and time savings to users. The platform was launched after a six-month trial period.

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