Unique Logistics International, Inc. | June 17, 2022
Unique Logistics International, Inc. (OTCMKTS: UNQL) ("Unique" or the "Company"), a global logistics and freight forwarding company, announced a 12-month ocean freight contract with The Kroger Company (NYSE: KR), a new customer for the Company.
Under the terms of the agreement, the Company will serve as an ocean transport and logistics provider for The Kroger Company from the Asia-Pacific region to North America through April 2023.
"This is an exciting new partnership for Unique Logistics. Kroger is a leading name in supermarket retail with over $137 billion in annual sales, 45 distribution centers, and 2,726 supermarkets & multi-department stores. The company has been operating for over 100 years and its unique logistics needs include fresh and non-perishable food, fuel and prescription medication, Serving the retail industry is our Company's strength and our team looks forward to working with Kroger to solve problems and provide innovative solutions to strengthen Kroger's supply chain performance."
-Sunandan Ray, Chief Executive Officer of Unique Logistics
ABOUT UNIQUE LOGISTICS INTERNATIONAL, INC.
Unique Logistics International, Inc. (OTCMKTS: UNQL) through its wholly owned operating subsidiaries, is a global logistics and freight forwarding company providing a range of international logistics services that enable its customers to outsource to the Company sections of their supply chain process. The services provided are seamlessly managed by its network of trained employees and integrated information systems. We enable our customers to share data regarding their international vendors and purchase orders with us, execute the flow of goods and information under their operating instructions, provide visibility to the flow of goods from factory to distribution center or store and when required, update their inventory records. SOURCE Unique Logistics International, Inc.
SOFTWARE AND TECHNOLOGY
Moov | May 11, 2022
Moov, a data-fueled marketplace for used semiconductor manufacturing equipment, announced its marketplace now serves as a one-stop shop for the second-hand buying experience, offering customers an ecosystem of aftermarket services including logistics and tracking, digital inspections, refurbishing and insurance all within one customer portal.Moov customers now may opt in or out of services including real-time logistics tracking, insurance, the company’s purchase guarantee, refurbishment, spare parts, contracts and payment options. Customers utilizing the Moov platform include Applied Materials, Western Digital, Maxim Integrated, KLA and Microchip.
To assist with end-to-end visibility, the newly launched Moov Portal empowers clients with real-time tracking of their equipment purchases in cargo categories such as location, temperature, humidity and light exposure.
“Whether your cargo is on the back of a truck or in the middle of the Pacific, Moov provides our customers with purchased-equipment visibility during these times of supply-chain uncertainty,” said Raymond Mahon, Moov’s director of customer success and head of the company’s Austin office. “Our system provides transparency where there was none. Knowing exactly where and how your cargo is being transported is vital given the high-dollar value of the equipment we trade.”
Insurance to Cover the Value of Equipment throughout the Supply Chain
Moov has partnered with a network of best-in-class service providers to enable an ecosystem of aftermarket services. For example, Switzerland-headquartered global transport and logistics company Kuehne + Nagel International AG, the world’s largest freight forwarder, now offers Moov customers insurance through The Nacora Group, a Kuehne + Nagel subsidiary. The insurance covers 100% of the value of all equipment as it moves through the supply chain.
“Unless equipment is already warehoused, used semiconductor equipment changes many hands in a single transaction,” Mahon said. “You need an engineer to de-install it, a rigger to remove it, a crater to package it and a freight forwarder to ship it. The insurance we are rolling out would cover the entire supply chain for our buyers regardless of whether they hire the vendor or if Moov subcontracts them.”
Another example of a value added service Moov will now provide is remote digital inspection, via photographic verification. Moov customers can use digital-inspection to reduce equipment inspection time to a matter of hours instead of weeks anywhere in the world. This service conducts a 15-point fraud check on photograph metadata to ensure image authenticity.
“In many areas, facilities simply aren’t letting outside vendors onsite due to COVID,” Mahon said. “In one instance, it took us three weeks to get somebody onsite in Malaysia to verify tools. With the digital-inspection app, we have now cut that time period down to an hour. And, we’ve taken the burden off of suppliers of hosting inspectors.”
“We are trying to change the way used semiconductor equipment is transacted,” Mahon said. “We have an extremely inefficient marketplace with a lot of bad faith actors in it. We are making it safer, quicker, and easier to buy and sell used semiconductor equipment.”
About Moov Technologies Inc.
Headquartered in Tempe, Arizona, and Austin, Texas, Moov is a technology-driven marketplace and asset management platform that matches buyers and sellers of pre-owned semiconductor manufacturing equipment. Built by a team with more than 50 years of experience in the manufacturing equipment brokerage industry, Moov’s platform ensures accurate listings and faster transactions. CEO Steven Zhou and Managing Director Maxam Yeung co-founded the company in 2017. Moov employs about 50 people, and also boasts a presence in San Francisco; Shanghai, China; and Taipei, Taiwan. To learn more, please visit Moov.co.
Pony.ai | July 28, 2022
Pony.ai, a leading global autonomous driving technology company, announced a strategic joint venture with SANY Heavy Truck (SANY), a subsidiary of SANY Heavy Industry, China’s number one heavy equipment manufacturer and the third largest heavy equipment manufacturer globally.Pony.ai and SANY will collaborate to create a world-leading autonomous truck brand. The two companies will deeply integrate Pony.ai’s "virtual driver" with SANY's technical accumulation in the field of wire-controlled chassis and vehicle development to jointly develop high-end heavy trucks that are automotive-grade and have L4-class redundancies. These trucks will inaugurate the future of truck logistics transportation.
The joint venture plans to start small-scale deliveries of the robotrucks in 2022 and 2023. Mass production of the L4 truck will commence in 2024 and within a few years will reach an annual production of around 10,000 trucks.
The first prototype of the autonomous truck was built on SANY's new EV truck platform and has already conducted road testing. The JV’s autonomous truck product portfolio will include a mix of new energy vehicles (NEVs) and fuel-based, with the aim to increase the proportion of NEV trucks in the future.
The addressable market for trucking is substantial; in 2021 alone, heavy truck sales in China exceeded 1.3 million units. Once mass production is achieved, the partners expect the penetration rate of L4 trucks in China’s heavy truck market to increase steadily.
“SANY has industry-leading heavy truck manufacturing technology and is pioneering the architecture of ‘new energy’ heavy trucks, intelligent network connections, and other key areas, Integrating Pony.ai's core autonomous driving technologies with the capabilities of SANY enables our joint venture to create a successful intelligent truck and logistics ecosystem for L4 autonomous trucking.”
-James Peng, Pony.ai’s co-founder and CEO
This partnership between SANY and Pony.ai is the ultimate collaboration between truck ‘body’ and truck ‘brain’ and thus makes it possible to mass produce high-level autonomous trucks. This partnership, which features complementary strengths and competitive advantages, will advance autonomous trucking and logistics well into the future and will lead to a safer, more efficient, intelligent logistics system,” said Liang Linhe, Chairman of SANY Heavy Truck.
Pony.ai has always been committed to developing autonomous driving software and hardware solutions in-house. In June, Pony.ai released its autonomous driving controller (ADC) designed for automotive-grade mass production. The ADC is built on the NVIDIA DRIVE Orin system-on-chip and will fully enable the trucks produced by the joint venture.
“The establishment of this new venture between Pony.ai and SANY is a significant milestone for the trucking industry, Powered by NVIDIA DRIVE, this next-generation of new-energy autonomous trucks will enable the delivery of goods to address ever-growing e-commerce demands without compromising safety and reliability — while reducing the transportation industry’s dependence on fossil fuels.”
-Rishi Dhall, vice president of Automotive, NVIDIA.
Today’s partnership announcement follows on the heels of the recently formed Cyantron joint venture between Pony.ai and Sinotrans, which commenced operations in April and aims to enhance the digitalization and intelligence of the transportation process.
Creating partnerships with the top companies in both trucking and logistics is key to Pony.ai’s robotruck “golden triangle” strategy. Pony.ai has core autonomous driving technology, which is the key to enabling logistics and future heavy truck manufacturing; logistics companies have accumulated extensive transport experience and a strong customer base, while heavy truck manufacturers have the technical expertise in vehicle development and manufacturing. Cementing relationships between leading global partners creates a powerful standard and framework for future development in the industry. Consumers worldwide will benefit from the development of commercial-scale L4 trucking, including more robust supply chains, lower costs for delivered goods, enhanced road safety, and significantly reduced greenhouse gas emissions.
According to Pony.ai’s robotruck operations experience, based on vehicle planning and control as well as route planning, autonomous trucks can save 10%-20% of energy compared with conventional trucks. In addition, with the gradual expansion of the JV’s new energy products, by 2030, the joint venture’s trucks will reduce CO2 emission by more than one million tons, equivalent to the CO2 absorbed by thousands of acres of forest.
Leading global autonomous driving technology company Pony.ai, Inc. (“Pony.ai”) is pursuing an ambitious vision for autonomous mobility. We aim to bring safe, sustainable, and accessible mobility to the entire world. We believe that autonomous technology can make our roads exponentially safer for travelers. Founded in late 2016, Pony.ai has been a pioneer in extending autonomous mobility technologies and services at a rapidly expanding footprint of sites around the world. Pony.ai has formed partnerships with leading OEMs, including Toyota, SANY, FAW Group, GAC Group, etc. To date, Pony.ai has accumulated 8.6 million autonomous testing and operation miles worldwide.
About SANY Heavy Truck
Established in 2018, SANY Heavy Truck (part of SANY Group) is a pioneer in the company’s digital and intelligent transformation. With SANY Group’s industry-leading R&D and manufacturing power, SANY Heavy Truck has launched fuel heavy trucks, electric heavy trucks, hydrogen energy heavy trucks, intelligent power exchange stations, and other industry-leading products. It ranked sixth in the tractor industry in 2020 and is the national sales champion for new energy heavy trucks in 2021 and the first half of 2022.
In 2019, SANY and DEUTZ set up a joint venture to jointly develop and manufacture diesel engines; in early 2022, it signed a strategic cooperation with EVE and TELD to cooperate in new energy heavy trucks, power battery manufacturing and R&D, and battery gradient utilization. In 2022, SANY and Pony.ai will jointly carry out R&D, production, and sales of L4-level self-driving heavy trucks.