Lineage Logistics to Acquire Kloosterboer Group

Lineage Logistics | June 14, 2021

Lineage Logistics to Acquire Kloosterboer Group
Lineage Logistics, LLC, one of the world's leading and most innovative temperature-controlled industrial REIT and logistics solutions providers, announced today that it has agreed to acquire Kloosterboer Group, a leading independent integrated platform in Europe for temperature-controlled storage, logistics, and value-added services. The deal is subject to regulatory approval and the completion of the employee consultation procedure.

Kloosterboer has eleven facilities in the Netherlands, France, Germany, Canada, and South Africa, with a combined capacity of 6.4 million cubic meters and 790,000 pallet positions and over 900 team members. Kloosterboer, a family-owned business with a strong tradition as a vegetable trading company dating back to 1925, has expanded over generations to become one of Europe's most well-known supply chain solutions companies. The Kloosterboer family will remain active in the company's future by investing in Lineage and allocating a part of their selling profits to Lineage equity.

Kloosterboer is recognized by BREEAM (Building Research Establishment Environmental Assessment Methodology) is a frontrunner in sustainable cold store operations, which fits with Lineage's mission of revolutionizing the food supply chain to prevent waste and help feed the world. Kloosterboer's network includes over 18,000 solar panels, four wind turbines that power operations such as heavy lift equipment, and an annual CO2 reduction equivalent to the consumption of more than 4,100 families.

About Lineage Logistics
Lineage Logistics is a global leader in temperature-controlled industrial REIT and logistics solutions. It has a worldwide network of over 350 strategically positioned facilities with a total capacity of over 2 billion cubic feet that covers 16 countries in North America, Europe, and Asia-Pacific. Lineage's industry-leading expertise in end-to-end logistical solutions, unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, reduce supply chain waste, and, most importantly, help feed the world as a Visionary Partner of Feeding America.

Lineage was named No. 17 on the 2021 CNBC Disruptor 50 list, No. 1 in Data Science, and 23rd overall on Fast Company's 2019 list of The World's Most Innovative Companies and being included in Fortune's Change The World list in 2020.

About Kloosterboer
The Kloosterboer Group is a family-owned business with over 95 years of expertise managing temperature-controlled food products such as fish, meat, fruit, fruit juices, fruit concentrates, dairy, and potato products. Kloosterboer creates and implements innovative and sustainable supply chain solutions for conditioned food products. Kloosterboer is devoted to long-term partnerships, looks for cost savings for its clients, and seeks to provide a higher quality of service. The company specializes in warehousing, stevedoring, forwarding, shipping, customs, and logistics information technology. Kloosterboer has storage capacity in the Netherlands, France, Germany, Canada, and South Africa.


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Nexxiot to Acquire Majority Interest in Swedish Technology Firm MOST

Nexxiot | September 27, 2021

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Nexxiot CEO Stefan Kalmund, remarked of the transaction: “Bringing MOST’s capabilities into our technology portfolio will have tremendous benefits for Nexxiot’s global customers, affording them unprecedented insights and information about their cargo that will certainly lead to positive outcomes in business planning, decision making and cost savings on a large scale. While we are excited about the immediate impacts of this partnership, we are equally thrilled at the long term implications this deal will have for Nexxiot as one of the world’s dominant players in TradeTech and developers of the supply chain solutions for tomorrow.” Sam Giertz, co-principal of Resona and Chairman of the Board of MOST, said: "One of our core philosophies is to identify business models with the potential to transform industries and disrupt markets through the innovative application of data and technology. We view MOST and Nexxiot as an alliance of truly complementary companies that promise to deliver the new standard in big data solutions across cargo shipping sectors. Through our investments, we are advancing TradeTech’s revolution across the supply chain with major sustainability implications for the future.” Matilda Bouchet, MOST CEO said: “We could not be more delighted at this outcome and are confident that the strong set of people skills and financing will take MOST to the next level in bringing data-driven insights to our customers.” Danish IoT market leader GlobeTracker will divest its shares of MOST in the transaction. GlobeTracker CEO Olavur Ellefsen stated: “GlobeTracker is dedicated to making the supply chain significantly smarter through advanced data and technologies, which is why we were a proponent behind MOST’s forward looking data solutions. We are gratified that our early investment helped MOST achieve leading status in the industry and will continue to work with companies like MOST and Nexxiot to advance TradeTech throughout the supply chain.” The alliance will combine Nexxiot’s onboard solar powered cargo sensors and gateways, which track cargo movements and efficiencies through the company’s dedicated logistics cloud, together with MOST’s sensors that monitor the humidity, temperature, light and security of cargo inside of freight containers. Nexxiot will now be able to offer customers complete transparency and accountability as to the status and performance of their cargo shipments across the globe. TradeTech supply chain advancements have taken on increasing importance as ports have become congested worldwide, delaying delivery of critical cargo and costing shippers and consumers billions of dollars through increased costs and prices. 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The company’s secure, industry leading Cloud comprises data from over 2,5 billion travelled miles Committed to sustainability through corporate and social responsibility, Nexxiot’s goal is to enable a five percent reduction in global carbon dioxide emissions by increasing cargo transport efficiency and eliminating waste caused by empty runs and inefficient routes.

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Nulogy Launches Free Trial of Production Scheduling Solution for All Contract Suppliers

Nulogy | September 24, 2021

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PLS Logistics Services Acquires D&L Transport

PLS Logistics Services | September 23, 2021

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project44 Buys Last-Mile Delivery and Customer Experience Leader, Convey, in $255M Acquisition

project44 | September 22, 2021

project44, the global leader in real-time supply chain visibility, today announced that it has acquired Austin-based Convey, the last-mile technology leader that powers exceptional direct-to-consumer delivery experiences for more than 200 of the world’s largest brands, including The Home Depot, Nieman Marcus, Ferguson, Ingram-Micro, and others. Convey, recognized as a Challenger in the Gartner 2021 Magic Quadrant for Real-Time Visibility Platforms, combines real-time visibility, post-purchase experiences, and machine learning-powered analytics to improve the overall customer experience. Together, the two companies now serve the global supply chain end-to-end, providing real-time visibility and actionable insights from raw materials to the front door to help brands deliver differentiated direct-to-consumer and eCommerce experiences for their customers. 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According to Gartner®, Inc., “enabling end-to-end supply chain visibility, providing access to customer experience (CX) data and aligning with organization-wide CX structures and initiatives are the top actions being taken to drive a more CX-focused supply chain culture.”1 “project44 is solving today’s most critical business challenge - how to deliver on continuously evolving customer expectations while remaining operationally efficient during unprecedented uncertainty and growing complexity,” said Jett McCandless, CEO and founder of project44. “Our acquisition of Convey brings project44 all the way to the front doorstep and helps our partners become more proactive and efficient so they can get people the products they want and need this holiday and beyond.” project44 and Convey radically change the way companies view, learn, and react to downstream changes, such as shipping delays, ETA changes, COVID-related worker shortages and port closures. As companies enter a tenuous holiday season, the demand for total order visibility and the ability to get ahead of issues before they occur has never been greater. Added capabilities from Convey, including the ability to resolve parcel delivery issues through automated customer communication, have bolstered project44’s suite of workflow solutions, allowing carriers and logistics service providers to spend less time working manually and more time focused on their core business. “The stakes are high for companies to not only fulfill and ship orders but to make the right promises about availability and delivery. However, volatile conditions, overwhelming complexity and blind spots in the supply chain make this difficult to achieve,” continued McCandless. “We’ve solved this with the acquisition of Convey, making project44 the unequivocal choice for any company that wants to leverage supply chain and logistics as a competitive advantage and driver of brand loyalty.” Together, project44 and Convey provide a single solution that delivers value to customers and supply chain partners by: Establishing a unified view of the supply chain - from raw materials to the consumer’s door Providing the same managed and superior consumer delivery experience capabilities in eCommerce to the much larger B2B market Streamlining the day-to-day workflows and collaboration between shippers, sellers and carriers to optimize for reduced overhead and increased time spent on value-added work Expanding the impact of AI on the supply chain through predictive ETAs and dynamic transit times both pre-and-post purchase, powered by the industry’s most trusted, comprehensive, and high-quality transportation dataset “Salesforce, Google and Adobe have transformed virtually every aspect of the digital customer experience through visibility and intelligent decisioning in the shape of marketing automation, targeted advertising and personalization. Now with Convey, project44 is bringing this approach and cutting-edge technology to the most complex customer experience challenge yet: the supply chain,” said Rob Taylor, founder and CEO of Convey. “We are thrilled to merge forces with project44 and look forward to continuing to build out one of the world’s greatest and most disruptive software companies.” Improving the Customer Experience “With thousands of shipments in-flight at any point in time and the details around those orders living in many disparate systems across our organization, it can be difficult to figure out which ones need our immediate attention,” said Devin Van Hout, vice president of digital commerce at Ferguson Enterprises. “Convey’s solution gives our team all the information we need to go from reactive to proactive, while also providing us with the tools to communicate with all relevant parties within the same view. The result is a simple, consistent customer experience in the face of massive B2B complexity.” project44 will host the first-of-its-kind virtual Supply Chain Live event at 9:00 a.m. CST on September 28. The event will spotlight the challenges facing brands as they approach retail’s busiest season amidst another disruptive year, and feature a fireside chat with Gartner Vice President of Research, Bart De Muynck. To register for Supply Chain Live or to learn more about the key insights from the project44 platform that are critical to retail’s supply chain, visit project44.com. About project44 project44 is the world’s leading advanced visibility platform for shippers and logistics service providers. project44 connects, automates and provides visibility into key transportation processes to accelerate insights and shorten the time it takes to turn those insights into actions. Leveraging the power of the project44 cloud-based platform, organizations increase operational efficiencies, reduce costs, improve shipping performance, and deliver an exceptional experience to their customers. Connected to thousands of carriers worldwide and having comprehensive coverage for all ELD and telematics devices on the market, project44 supports all transportation modes and shipping types, including Air, Parcel, Final-Mile, Less-than-Truckload, Volume Less-than-Truckload, Groupage, Truckload, Rail, Intermodal, and Ocean. In 2021, project44 was named a Leader among Real-Time Transportation Visibility Providers in Gartner’s Magic Quadrant. About Convey Convey is the global leader in Delivery Experience Management (DEM) and powers exceptional customer delivery experiences for some of the world’s most recognizable brands in retail and logistics. The company’s DEM platform combines estimated delivery date in cart, real-time visibility in-transit, post-purchase communications, and AI-driven insights to create a solution capable of perfecting last mile delivery.

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Check out our infographic to see all the steps for launching a high-tech product from planning to production and final delivery. And if you have questions, visit www.upsconnect.com about how we can help you navigate the process.