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Enghouse Transportation | April 13, 2022
Enghouse Transportation, a unit of Enghouse Systems Limited (TSX: ENGH) has partnered with electronic payment firm Switchio (a division of Monet+) to expand its automated transit fare collection offering.
Enghouse Transportation, an established provider of automated fair collection transit software solutions in the Netherlands, Central Europe and Eastern Europe, is expanding into the North American market.
Our strategic cooperation with Switchio bolsters our ability...
Freight, Supply Chain
Kodiak Robotics, Inc., | October 19, 2022
Kodiak Robotics, Inc., a leading self-driving trucking company, has started cooperation with IKEA Supply Chain Operations by piloting autonomous freight deliveries in Texas. The cooperation, which began on August 8, 2022, includes a Kodiak autonomous heavy-duty truck transporting IKEA products seven days a week between the IKEA Distribution Center in Baytown and the IKEA Store in Frisco.The main purpose is to get a better understanding of how Kodiak's autonomous driving technology contribute...
ButcherJoseph & Co. | June 09, 2022
ButcherJoseph & Co. (“ButcherJoseph”) advised Smith Transport, Inc. (“Smith” or the “Company”), an asset-based truckload carrier headquartered in Roaring Spring, Pennsylvania, on its sale to Heartland Express, Inc. (NASDAQ: HTLD) (“Heartland”). The transaction closed in June of 2022.
Heartland acquired 100% of the equity of Smith and related companies for a cash-free, debt-free enterprise value of approximately $170 million...
Hydron | June 13, 2022
Mo Chen, Co-Founder of San Diego-based autonomous driving company TuSimple (Nasdaq: TSP), has started a new company, Hydron, committed to developing, manufacturing, and selling hydrogen-powered trucks equipped with L4 autonomous driving technology. Chen is set on transforming long-haul freight transportation through hydrogen-powered autonomous trucks making trucking safer, cleaner, and more efficient, minimizing the carbon footprint of class 8 heavy-duty trucks globally.Chen, a Canadian entrepre...
Sustainability, Supply Chain
Procurement and Sourcing
Software and Technology
Software and Technology, Logistics
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