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Circle S.p.A. Advances Intermodal Logistics Digitization with New Strategic Initiative

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Circle S.p.A. Advances Intermodal Logistics Digitization with New Strategic Initiative

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The latest update is out from Circle SpA ( (IT:CIRC) ).

Circle S.p.A. has announced a strategic project worth 400,000 euros to enhance IT interoperability in intermodal logistics through its subsidiary eXyond. This initiative aims to integrate information systems among logistics actors, focusing on interoperability with digital platforms like e-CMR, aligning with European freight transport digitization standards. This project is part of Circle’s ‘Connect 4 Agile Growth’ plan, promoting efficiency and sustainability in logistics, and reinforcing its role in modernizing the national and Mediterranean logistics system.

The most recent analyst rating on (IT:CIRC) stock is a Buy with a EUR8.00 price target. To see the full list of analyst forecasts on Circle SpA stock, see the IT:CIRC Stock Forecast page.

More about Circle SpA

Founded in Genoa in 2012, Circle S.p.A. is an innovative SME leading the Circle Group, specializing in the analysis and development of products for innovation and digitization in the port and intermodal logistics sectors. The company also provides international consulting on Green Deal and energy transition topics. Circle Group includes various software and consulting companies, offering solutions like Milos® suites, Extended Port Community System, and StarTracking®, among others, to enhance supply chain efficiency and digital transformation.

Average Trading Volume: 8,770

Technical Sentiment Signal: Sell

Current Market Cap: €30.7M

See more insights into CIRC stock on TipRanks’ Stock Analysis page.

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