SOFTWARE AND TECHNOLOGY,FREIGHT
Transfix, Inc | August 12, 2022
Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced Tony Tzeng has joined as the company's first-ever Chief Product Officer. He will lead product strategy, execution, and innovation serving shippers and carriers across the Transfix portfolio. Tzeng's expertise is in enterprise AI, and he joins Transfix from UiPath, a leading enterprise automation software vendor, where he served as VP of Product Management for AI products. Prior to that he served as Principal Lead Product Manager at Microsoft.
"When your goal is to revolutionize the supply chain, you need big thinkers, innovators and operators who make it a reality for your customers. Tony is one of those executives who has it all, His experience driving product and platform strategies, coupled with his AI and ML expertise, will help to accelerate our vision of delivering an Intelligent Freight Platform that powers modern, reliable, and resilient supply chain performance at scale"
-Lily Shen, CEO and President of Transfix.
Tzeng brings 20 years of product and strategy development experience. Most recently, at UiPath, he oversaw the full product life cycle from assessing product/market fit to incubation, product vision, roadmap, launch, and acceleration. While leading the product division for AI-driven automations and a Machine Learning operations platform, he launched new products and grew the portfolio to multi-million dollar businesses that are now growth engines and differentiators for UiPath.
At Microsoft, he led the product team developing cloud and AI solutions for next-gen virtual customer service, giving AI bots groundbreaking levels of accessibility. He also incubated enterprise AI solutions as part of AI+ Research, leading product teams that contributed useful features to well-known software like Dynamics 365 and Microsoft Office. Tzeng also held senior-level positions at McKinsey & Company and Deloitte Consulting.
Transfix has all the pieces for an iconic success story– talented and passionate people, outstanding engineering practices, a data-driven product suite, and a winning corporate culture,said Tzeng.I'm proud to be a part of that story, and I look forward to creating a smarter, more sustainable future for freight.
Tzeng earned his Bachelor of Science in Computer Science at Stanford University and his Masters of Business Administration with Honors at The Wharton School of The University of Pennsylvania.
As announced on September 21, 2021, Transfix has entered into a definitive business combination agreement, as subsequently amended, with G Squared Ascend I Inc. ("G Squared Ascend I") (NYSE: GSQD), a special purpose acquisition company sponsored by affiliates of G Squared, that is expected to result in Transfix becoming a publicly listed company. Completion of the business combination is subject to customary closing conditions.
Transfix drives modern supply chain impact at scale with its Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io.
About G Squared
G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. The firm focuses on investments in growth-stage technology companies and has invested in over 100 portfolio companies since it was founded in 2011. The firm's affiliate, G Squared Ascend I Inc. ("G Squared Ascend I"), offers transformative private companies a path to public markets via SPAC. For more information on G Squared and its portfolio, visit: www.gsquared.com. For more information on G Squared Ascend I, visit: www.gsquaredascend.com.
Descartes Systems Group | August 04, 2022
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that C.H. Robinson, one of the world’s largest logistics service providers, is using Descartes MacroPoint™ to expand the options carriers can use to connect with the company’s technology.
“We’re pleased to be able to help carriers in C.H. Robinson’s North American freight network deliver important information on their shipments, Supply chains today are extremely fast-paced and fluid, and the ability to access timely insights into the precise movement of goods is critical for logistics service providers and shippers alike.”
-Dan Cicerchi, General Manager, Transportation Management at Descartes.
C.H. Robinson offers carriers digital connectivity through its Navisphere Carrier website and app, direct integrations with carriers’ own technology and API integration with third-party tools such as the most popular ELDs. For carriers that use Descartes MacroPoint to provide status updates on the freight they’re hauling, C.H. Robinson has extended its agreement with Descartes so that carriers can seamlessly continue to transmit updates via their preferred tool.
Descartes MacroPoint is a cloud-based multimodal visibility platform designed to help manufacturers, retailers, distributors and logistics services providers gain better control of freight movement through real-time location, status, and estimated-time-of-arrival (ETA) data on their shipments. The platform connects road, air and ocean carriers via telematics/electronic logging devices, transportation management systems, a mobile driver application, APIs and the Descartes Global Logistics Network™, the world’s largest multimodal messaging network. Using Descartes MacroPoint, logistics service providers and shippers can improve customer service, increase distribution efficiency, better collaborate with customers, suppliers and carriers, and minimize the impact of disruptions and late delivery penalties.
About C.H. Robinson
C.H. Robinson solves logistics problems for companies across the globe and across industries, from the simple to the most complex. With $28 billion in freight under management and 20 million shipments annually, we are one of the world’s largest logistics platforms. Our global suite of services accelerates trade to seamlessly deliver the products and goods that drive the world’s economy. With the combination of our multimodal transportation management system and expertise, we use our information advantage to deliver smarter solutions for our nearly 100,000 customers and our 85,000 contract carriers. Our technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers’ businesses. As a responsible global citizen, we are also proud to contribute millions of dollars to support causes that matter to our company, our Foundation and our employees. For more information, visit www.chrobinson.com.
Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.
Aurora and Schneider | August 02, 2022
Aurora Innovation, Inc. (NASDAQ: AUR), a leading autonomous vehicle company, and Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation services, announced a multiphase commercial pilot to haul freight for Schneider’s customers with the Aurora Driver, Aurora’s autonomous technology. This pilot reflects an important step for Schneider toward understanding how to incorporate autonomous trucks into its fleet to improve efficiencies and address the growing demand to move goods.
“Understanding more about an autonomous future is the logical next step to build a network that continues to deliver the best service for our customers,”
-Rob Reich, Executive Vice President and Chief Administrative Officer at Schneider.
Schneider hauls freight on over 9.3 million miles a day for America’s biggest companies, creating an attractive value proposition for autonomous trucks that can haul freight 24/7/365. The Aurora Driver will begin weekly autonomous hauls this week between Dallas and Houston with Aurora vehicle operators on board. Load frequency is expected to increase as Schneider expands its relationship with Aurora.
Working with Schneider will be instrumental as Aurora makes progress toward delivering Aurora Horizon, its subscription-based autonomous trucking product. The pilot will strengthen and prepare Aurora Horizon in three important areas ahead of its launch:
Autonomy at scale – The Aurora Driver learns from every load it hauls autonomously. As the scale of these pilots increases, so does the Aurora Driver’s experience.
Vehicle readiness – Weekly hauls allow Aurora to test the durability of its next-generation trucks, based on PACCAR’s Peterbilt 579M, for commercial operation and deployment.
Premium service – Aurora’s fourth commercial pilot enables one of the industry’s largest carriers to play a crucial role in testing and validating Aurora’s product and service.
“Schneider has a reputation for delivering consistent and reliable service, evidenced by the sheer number of Fortune 500 customers. Preparing Aurora Horizon for prime-time with Schneider springloads our ability to deploy our product at scale in the years to come,”
-Sterling Anderson, Aurora’s Co-Founder and Chief Product Officer.
Aurora (Nasdaq: AUR) is delivering the benefits of self-driving technology safely, quickly, and broadly to make transportation safer, increasingly accessible, and more reliable and efficient than ever before. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling semi-trucks to ride-hailing passenger vehicles, and underpins Aurora Horizon and Aurora Connect, its driver-as-a-service products for trucking and ride-hailing. Aurora is partnered with industry leaders across the transportation ecosystem, including Toyota, FedEx, Volvo Trucks, PACCAR, Uber, Uber Freight, U.S. Xpress, Werner, Covenant, and Schneider. To learn more, visit www.aurora.tech.
Schneider is a premier multimodal provider of transportation, intermodal and logistics services. Offering one of the broadest portfolios in the industry, Schneider’s solutions include Regional and Long-Haul Truckload, Expedited, Dedicated, Bulk, Intermodal, Brokerage, Warehousing, Supply Chain Management, Port Logistics and Logistics Consulting.With $5.6 billion in annual revenue, Schneider has been safely delivering superior customer experiences and investing in innovation for over 85 years. The company’s digital marketplace, Schneider FreightPower®, is revolutionizing the industry giving shippers access to an expanded, highly flexible capacity network and provides carriers with unmatched access to quality drop-and-hook freight – Always Delivering, Always Ahead.