Mercedes-Benz USA Reports May Sales of 32,567

prnewswire | June 01, 2016

Mercedes-Benz USA (MBUSA) today reported May sales of 29,299 vehicles, down 1.0% for the month. Mercedes-Benz Vans reported 2,848 units, and smart reported 420 units for the month, bringing MBUSA grand total to 32,567 vehicles for the month and 149,167 sold year-to-date."Sales continue at a steady pace in the second-quarter," said Dietmar Exler, president and CEO of MBUSA. "Excitement is building as we look toward the coming months with the launch of three new dream cars, including the S-Class Cabriolet, SL and SLC Roadsters and the all-new E-Class Sedan."Mercedes-Benz volume leaders in May included the C-Class, GLC and GLE model lines. The C-Class took the lead at 6,954, followed by the GLC at 4,183. The GLE rounded out the top three with 4,003 units sold.

Spotlight

The face of the logistics sector will change immensely over the next ten years, according to Australia’s supply chain industry experts and insiders. In this whitepaper, Logistics & Materials Handling shares the top four delivery disruptions facing the Australian supply chain in the next decade.

Spotlight

The face of the logistics sector will change immensely over the next ten years, according to Australia’s supply chain industry experts and insiders. In this whitepaper, Logistics & Materials Handling shares the top four delivery disruptions facing the Australian supply chain in the next decade.

Related News

LOGISTICS

Delek Logistics Partners, LP Announces the Closing of the 3bear Energy Acquisition

Delek Logistics | June 06, 2022

Delek Logistics Partners today announced that the previously announced acquisition of 3Bear Delaware Holding – NM, LLC ("3Bear"), an indirect subsidiary of 3Bear Energy, LLC, has been completed. In the Delaware Basin of New Mexico, 3Bear's operations include crude oil and gas gathering, processing, and transportation, as well as water disposal and recycling. The transaction is estimated to result in an investment multiple of roughly 6.25 times preliminary forecasted 2023 EBITDA, with a total cash consideration of $624.7 million (excluding normal closing adjustments). The transaction is being financed using both cash and debt. In the Northern Delaware Basin, 3Bear has established a leading crude, gas, and water collecting, processing, and disposal enterprise. 3Bear's holdings include 350,000 dedicated acres as well as long-term fixed price contracts. About 485 miles of pipelines, 88 million cubic feet per day of cryogenic natural gas processing capacity, 120 million barrels of oil storage capacity, and 200 million barrels per day of water disposal capacity make up the asset base. The purchased company will become part of "DKL Delaware Gathering Company, LLC, a newly formed, totally owned subsidiary of Delek Logistics Partners, LP. "This acquisition substantially increases our third party revenue at DKL, per our stated goals, and allows DKL to become a more diversified and less sponsor dependent entity. Additionally, 3Bear expands our product mix to natural gas and water, which will prove useful to customers within our legacy Permian gathering business.” -Uzi Yemin, Chairman, President and Chief Executive Officer of Delek Logistics' General Partner Yemin further added, The geographic diversification into the Delaware Basin provides a broader platform for future growth and includes some of the most prolific acreage in the Permian Basin. Finally, the outlook for strong free cash flow should allow us to rapidly reduce leverage while maintaining our 5% distribution growth target for 2022.

Read More

FREIGHT

Aurora and Schneider to Autonomously Haul Freight in Texas

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. About Aurora 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. About Schneider 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.

Read More

TRANSPORTATION

Nolan Transportation Group and Flexport Launch Strategic Partnership

Nolan Transportation Group | July 29, 2022

Nolan Transportation Group (NTG), a part of Transportation Insight Holding Company (TI), and a leading provider of non-asset, tech-enabled logistics and brokerage solutions in North America, and Flexport, the platform for global logistics, announced a strategic partnership to integrate their technology for greater visibility across global supply chains. The partnership will offer technology-enabled solutions across all transportation modes, including Full Truckload (FTL), Less-Than-Truckload (LTL), Expedited, Drayage, and Final Mile. “Global importers are dealing with historic complexity and unpredictability, and are in need of simple, efficient solutions to keep their goods moving, This partnership creates a seamless experience for Flexport customers to manage their transportation operations. Together, we will give shippers the visibility, flexibility, and control they need to navigate these unsteady times from a single, integrated platform instead of having to use a mix of providers and solutions with different user interfaces.” -Geoff Kelley, president & COO of TI and NTG. The partnership will combine NTG’s and Flexport’s technology with operational expertise to offer customers visibility and control across their supply chains. NTG’s dedicated client services team will manage shipments and communicate with clients via Flexport’s all-encompassing trucking software, Transmission, ensuring a seamless shipping experience from end-to-end. Customers will be able to access over 80,000 carriers in NTG’s network, ensuring reliable volume and capacity amid market volatility. They will also gain access to NTG’s AI-powered technology and predictive analytics to streamline processes and make better-informed decisions as they navigate fast-changing markets. “We’re thrilled to partner with Nolan Transportation Group (NTG) to expand our end-to-end service offerings and provide a fully integrated, tech-enabled experience for Flexport clients. This partnership will offer greater visibility and control for global consignees, which is key for their success during such times of uncertainty, Flexport and NTG share a commitment to using technology to build a fully-digitized shipment lifecycle for the benefit of our customers, and we’re excited to collaborate with NTG towards this vision.” -Will Urban, Flexport Chief Revenue Officer This is the latest step towards Flexport and NTG’s shared vision: to enable a fully-digitized shipment lifecycle. As part of the joint product roadmap, NTG’s proprietary Beon™ Digital Logistics Platform will integrate directly with the Flexport Platform via API. Ultimately, clients will have a seamless shipping experience that includes rates and available capacity, load tendering and booking, load status updates, estimated delivery time, and shipper onboarding, all via the Flexport Platform. Businesses of all sizes, such as Serena & Lily, are already using the Flexport-NTG integration to mitigate supply chain challenges and better manage their warehouse receiving operations. “Flexport’s partnership, commitment to transparency, and quality providers help Serena & Lily transport goods throughout the US. Its innovative technology provides end-to-end visibility of our supply chain, which is critical to our success and growth,” said Jennifer Schwartz, Transportation Manager at Serena & Lily. “Flexport listens, delivers on promise and will go the extra mile to ensure customer success, as it did when the team introduced NTG to Serena & Lily to mitigate supply chain challenges like container backlogs at ports. NTG’s approach to flexibility has helped with receiving challenges and enabled Serena & Lily to control how and what products are delivered to the warehouse.” About Transportation Insight Holding Company Transportation Insight Holding Company (TI) is the combination of industry-leading logistics providers Transportation Insight and Nolan Transportation Group (NTG). TI brings over two decades of multi-modal expertise and technology to the logistics industry and ranks amongst North America’s largest logistics companies. TI services more than 14,000 shippers and over 80,000 carriers through its proprietary Beon™ digital logistics platform – a single point of access to TI’s mode-agnostic network and services from port-to-porch™. The TI services and digital product portfolio spans across North America, offering domestic freight and parcel transportation solutions, warehousing, data intelligence, and supply chain consulting. For more information visit: www.TIholdco.com. About Flexport We believe trade can move the human race forward. That’s why it’s our mission to make global trade easy for everyone. Flexport is the platform for global logistics — empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Companies of all sizes — from emerging brands to Fortune 500s — used Flexport technology to move nearly $19B of merchandise across 112 countries in 2021.

Read More