
Rhenus 4PL Solutions Brings Digital Logistics Expertise Support To The Circular Economy Initiative Of Looper Textile Co. And REMONDIS
Smart Solutions for Circular Textile Flows
Looper Textile Co. is an independent joint venture owned by H&M Group and REMONDIS. The company has set itself the goal of collecting and sorting used clothing and textiles for reuse and recycling in order to make the best possible use of these valuable resources. 'The need for collection and sorting solutions has never been greater, and Looper is uniquely positioned to drive meaningful change,' says Erik Lagerblad, CEO of Looper Textile Co.
'Used textiles are one of the largest material flows in the world. We rely on digital solutions and our expertise in the circular economy to efficiently coordinate the movement of collected volumes of 150 million pieces per year. Together, we want to take the sustainable use of textiles into the future,' commented Simon Bodmer, Head of Logistics Department at REMONDIS Recycling GmbH & Co. KG.
Rhenus 4PL Control Tower for transparency in Looper's supply chain
As part of the project, Rhenus 4PL Solutions GmbH is deploying its 4PL Control Tower – a central digital platform that enables real-time coordination and monitoring of all logistics activities across the supply chain. As a Fourth Party Logistics (4PL) provider, Rhenus assumes overarching responsibility for managing logistics partners and processes. The system has been specifically tailored to support the requirements of the circular economy, ensuring full transparency, optimized material flows, and efficient, data-driven supply chain operations. In a circular project like Looper Textile Co., the Control Tower plays a key role in enabling textile reuse and recycling by seamlessly coordinating all stakeholders and creating end-to-end visibility.
'Our 4PL Control Tower provides a central platform for the coordinated and integrated management of all logistics activities and increases visibility along the entire value chain. This is crucial to achieving Looper Textile Co.'s goals,' explains Chris Gerfertz, Managing Global Director at Rhenus 4PL Solutions. 'We're proud to contribute to the success of Looper Textile Co. by providing digital supply chain visibility and management through our 4PL Control Tower. As part of the Rethmann Group, it's great to see how REMONDIS and Rhenus are combining their strengths in recycling and logistics to drive practical, scalable solutions for circular textile flows.'
Enabling circular flows: Over 70 million garments sorted in 2024
Looper Textile Co. enables circular textiles through reuse and preparing for recycling. Operating out of two sorting facilities in Germany and one in Poland, while working with a global network of partners, Looper sorts into over 200 categories based on material and garment type. In 2023, the first year of operations, Looper helped extend the life of over 40 million garments, and over 72 million garments in 2024, 65% reuse, 25% recycling, and <10% responsibly disposed due to contamination. A commitment to innovation within Looper includes a pilot line for automated sorting using near-infrared and optical sensor technology, meeting the precise material requirements of emerging textile-to-textile recycling solutions.
Hashtag: #Rhenus
The issuer is solely responsible for the content of this announcement.
About Rhenus
The Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.2 billion. 41,000 employees work at 1,330 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 days ago
- Yahoo
NOW Q2 Deep Dive: AI and Workflow Expansion Drive Outperformance, Margins Improve
Enterprise workflow software maker ServiceNow (NYSE:NOW) reported Q2 CY2025 results topping the market's revenue expectations , with sales up 22.4% year on year to $3.22 billion. Its non-GAAP profit of $4.09 per share was 14.6% above analysts' consensus estimates. Is now the time to buy NOW? Find out in our full research report (it's free). ServiceNow (NOW) Q2 CY2025 Highlights: Revenue: $3.22 billion vs analyst estimates of $3.12 billion (22.4% year-on-year growth, 2.9% beat) Adjusted EPS: $4.09 vs analyst estimates of $3.57 (14.6% beat) Adjusted Operating Income: $955 million vs analyst estimates of $846.5 million (29.7% margin, 12.8% beat) The company provided subscription revenue guidance for the full year of $12.79 billion at the midpoint Operating Margin: 11.1%, up from 9.1% in the same quarter last year Annual Recurring Revenue: $12.45 billion at quarter end, up 22.5% year on year Billings: $3.25 billion at quarter end, up 27.8% year on year Market Capitalization: $206.7 billion StockStory's Take ServiceNow's Q2 results were met with a strongly positive market reaction, reflecting the company's ability to surpass Wall Street expectations on both revenue and non-GAAP profit. Management credited the performance to widespread customer adoption of its AI-powered Now Assist products, a surge in large enterprise deals, and robust demand across all workflow segments. CEO Bill McDermott noted, 'AI is what changed. And agentic AI is transforming the business model every company in the world.' The quarter also saw notable strength in technology workflows and increased renewal activity, supported by early on-premises contract renewals. Looking ahead, ServiceNow's forward guidance is built on continued growth in AI-driven products, expanding adoption of its Control Tower and Pro Plus offerings, and broadening its reach in front office and industry-specific workflows. Management emphasized its focus on investing in technical talent to accelerate customer value from AI transformation, while maintaining prudent margin management. CFO Gina Mastantuono explained, 'We're definitely still investing for growth to meet demand for AI transformation,' highlighting ongoing investments in sales, engineering, and R&D to support ramping AI deployments and new customer use cases. Key Insights from Management's Remarks Management attributed Q2's performance to rapid adoption of agentic AI capabilities, strong execution in new logo acquisition, and continued expansion across industries and workflows. AI-powered product momentum: Uptake of Now Assist and Pro Plus offerings far exceeded expectations, with customers increasingly deploying multiple AI-powered workflow tools across their organizations. Management highlighted that Now Assist net new annual contract value outperformed internal goals, and the largest Now Assist deal to date exceeded $20 million. Large enterprise deal growth: The company closed 89 deals greater than $1 million in net new annual contract value, with 11 exceeding $5 million. Notably, the number of customers contributing more than $20 million annually increased by over 30% year-on-year, reflecting ServiceNow's growing importance to large organizations. Industry and product diversification: Technology, media, and telecom saw growth above 70% year-over-year, with transportation, logistics, retail, hospitality, and energy also showing notable gains. The addition of and the launch of Configuration, Price, Quote (CPQ) solutions drove new wins in sales and order management, particularly in complex front-office environments. Workflow Data Fabric adoption: Workflow Data Fabric, which integrates and manages enterprise data for AI-driven workflows, was included in 17 of the top 20 largest deals, helping customers combine analytics, data, and automation for smarter operations. Internal AI efficiencies: ServiceNow's use of its own AI tools, such as CodeAssist, contributed to margin expansion and operational productivity, with management reporting $100 million in expected headcount savings for 2025 and increased engineering capacity. Drivers of Future Performance Management expects near-term growth to be led by ongoing enterprise adoption of AI-driven workflows, new product introductions, and increased investment in technical talent supporting customer AI transformations. Expansion of AI adoption: The company believes that continued momentum for Now Assist, Pro Plus, and Control Tower will drive additional revenue growth, as customers expand usage into more business functions and workflows. Management set a target of $1 billion in annual contract value from Now Assist by 2026. Front office and industry solutions: ServiceNow is broadening its addressable market by targeting front office workflows—such as sales, service, and order management—and tailoring AI-driven solutions to verticals like insurance and public sector. Management expects this strategy to unlock new deal opportunities and deepen existing relationships. Investments and margin balance: Management indicated that while AI-driven productivity gains are flowing into operating margins, some of these efficiencies will be reinvested to accelerate customer onboarding and technical support. The company remains cautious about potential federal spending headwinds and is maintaining prudent expense management to absorb possible integration costs from acquisitions such as Moveworks. Catalysts in Upcoming Quarters In coming quarters, the StockStory team will be watching (1) the pace of customer expansion into new AI-powered workflows and the degree of adoption of Control Tower and Now Assist, (2) the impact of front office and industry-specific product launches on deal volume and average contract value, and (3) the integration of recent acquisitions such as and into ServiceNow's workflow platform. Progress in onboarding technical talent and navigating public sector budget dynamics will also be important to track. ServiceNow currently trades at $973.37, up from $955.51 just before the earnings. At this price, is it a buy or sell? Find out in our full research report (it's free). Now Could Be The Perfect Time To Invest In These Stocks Trump's April 2024 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
5 days ago
- Yahoo
Jim Cramer on Eaton: 'It's a Core Position in My Charitable Trust'
Eaton Corporation plc (NYSE:ETN) is one of the stocks that Jim Cramer shed light on. Coming to the company, Cramer commented: 'We saw Eaton and Parker-Hannifin. If you're from the Midwest, these are destination places… but those are a function of strong data center orders that came from lead contractors ABB and Legrand, two European construction companies that just reported that are huge builders of these warehouses full of servers. There's no doubt that the data center buildout is the single biggest construction boom, perhaps since World War II. You can see it if you look at Oracle every day, by the way. I like the buildout. There are many many orders coming to them. I keep telling you these stocks are good… Eaton jumped more than $17 or nearly 5% as investing club holders know. That Eaton move turned my earnings season around because it's a core position in my Charitable Trust.' A technician standing in the middle of a power station, inspecting a power distribution system. Eaton (NYSE:ETN) is a power management company that provides a broad range of electrical, aerospace, and vehicle components and systems, including power distribution products, hydraulic equipment, aircraft systems, and vehicle drivetrain and power technologies. Carillon Tower Advisers stated the following regarding Eaton Corporation plc (NYSE:ETN) in its Q1 2025 investor letter: 'Pressure on Eaton Corporation plc (NYSE:ETN) shares stemmed from concerns about the possibility that reduced capital spending in the data center market could affect the entire AI supply chain. As a critical supplier of power connection products, the company's multi-year growth prospects are affected by overall data center capital spending trends that continue to be favorable.' While we acknowledge the potential of ETN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
16-07-2025
- Yahoo
Mizuho Increases American Tower (AMT) Price Target to $217, Affirms 'Outperform'
American Tower Corporation (NYSE:AMT) is one of Goldman Sachs' top REIT stock picks. On July 2, Mizuho raised its price target on American Tower to $217 from $204. The firm maintained its 'Outperform' rating on the stock, citing American Tower's 'strong growth outlook.' A technician working on a mobile device, indicating the company's wireless internet access capabilities. Mizuho noted the American Tower's 'stable revenue base,' supported by long-term lease agreements with major wireless carriers, which provide predictable cash flows. The analysts also highlighted the company's 'portfolio expansion,' particularly its growing presence in data centers and international markets, as a key driver of future growth. They further pointed to the company's first-quarter 2025 performance, with organic tenant billings growth of 4.3% domestically and 6.1% internationally, as evidence of operational strength. At the same time, Mizuho increased its Adjusted Funds From Operations (AFFO) estimates to $10.53 for 2025 and $11.43 for 2026, up from prior estimates of $10.47 and $11.27, respectively. The upward revision is attributed to a lower-than-expected foreign exchange impact and stronger services revenue. The firm projects approximately 5% organic growth in tenant billings for American Tower's entire portfolio. Additionally, Mizuho's analysis suggests that growth in U.S. and Canadian operations is anticipated to be around 4.3%, resulting in approximately $182 million in colocation and amendment revenue. American Tower Corporation (NYSE:AMT) is a global infrastructure REIT that owns and operates over 148,000 wireless communication sites across 22 countries on five continents. This includes a growing portfolio of U.S. data center facilities. Headquartered in Boston, the company leases multitenant towers and rooftop sites to wireless carriers, broadcasters, and government agencies, generating stable, long-term recurring revenue. While we acknowledge the potential of AMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Goldman Sachs Healthcare Stocks: Top 10 Stock Picks and 11 Best Green Energy Penny Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data