ShipX | May 27, 2022
ShipX, a major tech-enabled e-commerce transportation delivery service provider, has expanded its service portfolio by acquiring Princeton Logistics and its subsidiary, TriStar Carriers. Because of this addition, ShipX will be able to provide first and middle mile transportation services to e-commerce customers who require specialist trucking choices and help reinforce their door-to-door parcel delivery services across North America.
As of today, these companies will be known as ShipX, but they will still offer a full range of transportation services to their carrier, retailer, and private fleet customers by arranging:
E-Commerce Final Mile delivery
Middle Mile truckload and contract capacity services
Direct carrier, air cargo injection
Local sortation and transfer
Coast-to-coast zone skipping
Sprinters, 26-foot Box, 53-foot trailers
ShipX now offers a more comprehensive package of e-commerce transportation services, expanding its focus beyond final mile parcel delivery.
“We’re so happy to have the amazing employees of Princeton Logistics and TriStar Carriers join the ShipX family, This acquisition ensures that we’ll continue to meet the ever-evolving needs of today’s e-commerce shippers — especially in the major markets — while still offering affordable, reliable logistics services.”
-Solomon Zakinov, ShipX’s CEO and Founder.
Jim Neebling, former President of Princeton Logistics, and now Chief Logistics Officer of ShipX, shared that they are excited to join forces with ShipX and even more to be able to provide their clients with a more comprehensive, turnkey shipping solution.
Shippeo | July 06, 2022
Shippeo, a leading provider of global and multimodal shipment visibility, has launched a new program recognizing and rewarding carriers who champion supply chain visibility. Accompanying the launch are a raft of enhancements to its automated carrier onboarding solution, which now offers the easiest and fastest visibility platform integration for carriers on the market.“Over 150,000 carriers are already connected to Shippeo’s Multimodal Visibility Network, supplying high-quality real-time shipment data to shippers and logistics service providers all over the world,” says Head of Carrier Network, Alexandru Mihailenco. Real-time visibility of supply chain transport has become increasingly sought after by companies since the beginning of 2020. The carrier community plays such a pivotal role in shaping the future of transportation visibility, and determining how accurate and reliable shipment visibility data is for shippers, logistics service providers, and their end customers.
Shippeo’s Carrier Network team has a mission to help each carrier they work with capitalize on all the benefits Shippeo’s visibility platform brings, from improved productivity to market differentiation. We’ve established our Carrier Recognition Program™ to recognize and reward carriers who are engaged and committed to providing shippers with exceptional levels of supply chain visibility, via Shippeo’s real-time and multimodal transportation visibility platform, explains Mihailenco.
The program includes publication of the Visibility Champion List™, which acknowledges exceptional carriers providing the best service to shippers with consistently high levels of shipment tracking, offering carriers another way to stand out from their peers. It’s the first of many initiatives planned to recognize carrier partners, including a special carrier-focused awards ceremony coming later this year.
Shippeo has also released a new version of its Onboarding Automation Center, the company’s market-leading solution simplifying and accelerating carrier onboarding to its visibility network. The enhanced application now gives carriers the option of full autonomy when setting up and configuring their connection to the platform.
“Our customers and their carrier partners tell us that our onboarding experience is second to none, having achieved a 98% carrier onboarding satisfaction rate, These latest enhancements to our Onboarding Automation Center represent another leap forward, making integrations with the Shippeo platform even easier to follow for carriers. In turn, we’re able to help our customers fast-track the time to value for their visibility project, reaching higher tracking rates for shipments sooner, and in turn more accurate and reliable shipment statuses and ETA data that Shippeo is known for.”
-Lucien Besse, Chief Operating Officer at Shippeo
Shippeo is a global leader in real-time multimodal transportation visibility, helping major shippers and logistics service providers operate more collaborative, automated, sustainable, profitable, and customer-centric supply chains. This is made possible with highly accurate, real-time operational visibility and perfect workflow orchestration. Their Multimodal Visibility Network integrates with more than 875 TMS, telematics and ELD systems, enabling Shippeo’s platform to provide instant access to real-time shipment tracking across all transport modes, in a single portal, through an intuitive user experience. A proprietary and industry-leading machine learning algorithm offers unmatched ETA accuracy, allowing supply chain companies to quickly anticipate problems, proactively alert customers, efficiently manage exceptions with collaborative workflows, and accurately measure CO2 and GHG emissions from supply chain transport. Hundreds of customers, including global brands like Coca-Cola HBC, Carrefour, Renault Group, Schneider Electric, Total, Faurecia, Saint-Gobain and Eckes Granini, trust Shippeo to track more than 28 million shipments per year across 75 countries. Learn more at www.shippeo.com.
DRMP, Inc. | May 05, 2022
DRMP, Inc. (DRMP) announced a strategic partnership with Trilon Group (Trilon), a family of infrastructure consulting businesses, that will provide additional capital and resources to support its strategic expansion as well as growth opportunities to support employees as it continues to focus on delivering quality services to its clients. Within Trilon, DRMP will help lead the growth strategy for its National Transportation platform while continuing to build its array of services across its existing regional footprint.
DRMP has delivered infrastructure solutions across Florida and the Southeastern United States for the past 44 years with multi-disciplinary civil engineering expertise that spans Transportation, Civil, Federal, and Utility markets.
A year ago, DRMP began targeting the accelerated strategic planning of its initiatives and growth goals, including organic expansion in its existing markets and broadening that expansion into adjacent service lines and geographies. To support these goals, DRMP leaders searched for a strategic partner that could help provide significant opportunities for staff to grow their careers and expand service offerings to clients.
“As the execution of our strategic plan requires investment in resources and targeted M&A, we sought the right partner to invest in our business, Through the selection process, we carefully considered aligning with a partner that embodied our culture and values, had an understanding of the A/E/C industry, and provided access to capital, resources, and a shared vision to be a strategic growth platform. Trilon was the perfect partner. As a partner, Trilon will provide an increased level of investment in DRMP’s growth that will be mutually beneficial to both our staff and clients moving forward.”
-Larry Smith Jr., PE, President/CEO
Trilon is backed by Alpine Investors, a people-driven private equity firm. It was formed with the vision of building the next Top 20 design firm in North America by partnering with a comprehensive family of engineering service businesses like DRMP that are focused on delivering practical and sustainable infrastructure solutions for their clients.
“We are thrilled to partner with DRMP as they embark on the next chapter in their success story, DRMP has built a phenomenal leadership team that shares our passion for serving communities, clients, and employees. Their mission speaks to Trilon’s intention of delivering critical infrastructure more quickly, affordably, and impactfully. We are excited to support DRMP with investments in talent, technology, and targeted M&A to help them realize their growth ambitions. We see a significant opportunity to broaden sustainable infrastructure services to our clients and their communities and to provide the opportunity for our people to accelerate their career development.”
-Trilon Group CEO Michael (Mick) Renshaw.
DRMP currently has 19 offices and growth is expected to significantly increase as it expands its M&A strategy and organic growth through the addition of talented staff. The firm will continue operating as an independent brand within Trilon, and its existing management team will continue leading the business. Smith will remain President/CEO of DRMP and will join the Trilon Group Executive Committee. Moving forward, DRMP’s staff will continue to work in their respective roles with a focus on providing excellent service to its clients.
“We are excited to grow Trilon with the addition of DRMP, a high quality, deeply experienced firm that brings crucial expertise to lead our national transportation platform. DRMP is an exceptional company that not only shares Trilon’s vision for the future of infrastructure but also has a culture that aligns closely with Alpine’s PeopleFirst philosophy,” said Alpine Partner Dan Sanner. “We are pleased to be able to support DRMP in its continued growth with capital from Alpine’s eight flagship fund.”
Cadence M&A Advisors served as financial advisor to DRMP.
Founded in 1977, DRMP is a multi-discipline firm helping clients design and deliver infrastructure for the community-at-large. DRMP currently employs 500 professionals in 19 office locations spread strategically across its service areas. DRMP is ranked among Engineering News-Record’s “Top 500 Design Firms” in the United States. For more information, visit www.drmp.com
About Trilon Group
Trilon group was formed with a vision to build the next Top 20 infrastructure services firm in North America by bringing together some of the nation’s best infrastructure consulting firms. Key focus areas include Transportation, Water, Utilities, Environment and Community Infrastructure. Trilon currently comprises 650 staff across 34 offices in the US. For more information, visit www.trilongroup.com
About Alpine Investors
Alpine Investors is a people-driven private equity firm that is committed to building enduring companies by working with, learning from, and developing exceptional people. Alpine specializes in investments in companies in the software and services industries. Its PeopleFirst strategy includes a CEO program which allows Alpine to bring leadership to situations where additional or new management is needed post-transaction. Alpine is currently investing out of its $2.25 billion eighth fund. For more information, visit www.alpineinvestors.com.