Google, Facebook, Amazon to testify on France tax; Tipalti grows transaction numbers; Rail shipping losing to trucking

CNBC reports that Google, Facebook and Amazon were among the companies that will testify Monday at a U.S. government hearing on the French government’s digital services tax. The U.S. Trade Representative's Office had opened a probe into this in July, characterizing it as "unreasonable." The hearing is part of the probe.

Tipalti has $8 billion in transactions

Tipalti, which has a global payables automation platform, announced today that it has exceeded $8 billion in annual transactions. It attributed the growth to more customer and business bookings.

“Tipalti is committed to an aggressive growth trajectory, and we’re very proud of our growing list of accomplishments,” Chen Amit, CEO and co-founder of Tipalti, said in the announcement. “Our strong growth demonstrates the need for solutions like Tipalti to bring best-in-class payables automation solutions for strengthening financial operations.”

Tipalti’s global AP and supplier payments automation solution was selected by NetSuite as the 2019 SuiteApp of the Year. Spend Matters also named Tipalti as a procurement provider to keep tabs on in our 50 to Watch list.

VA, DoD enter strategic partnership for VA supply chain modernization

The Department of Veterans Affairs and Defense Department’s Defense Logistics Agency (DLA) have entered into a strategic partnership to help the VA's supply chain management modernization efforts. Under the partnership, the VA can access DLA’s worldwide acquisition system so that it can procure a broader range of supplies that VA needs to aid veterans.

First set of WASP Aerostats delivered by Drone Aviation

Manufacturer of specialized aerial monitoring and communication platform Drone Aviation Holding Corp. has said it delivered an initial set of WASP aerostat systems in support of the United States Border Patrol and U.S Customs and Border Protection.

Report shows railroads’ losing streak against trucking continues

The new U.S. Domestic Intermodal Savings Index produced by IHS Markit’s JOC shows that railroads had suffered further erosion of their price advantage in domestic intermodal shipping compared to trucking in the second quarter. It means there is less incentive for shippers to transport cargo via rail rather than trucks for the entire freight trip.

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