Transfix, Inc | September 01, 2022
Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, announced new API connectivity with e2open's global multi-modal Transportation Management System (TMS), providing shippers with easy automated access to dynamic market rates and capacity.
Transfix's new integration with e2open, the connected supply chain SaaS platform with the largest multi-enterprise network, will allow shippers on e2open's platform to access Transfix's nationwide network of top-performing full truckload (FTL) carriers for van and reefer equipment types. Shippers will have access to both real-time rating and spot market rates within the e2open TMS via Transfix's Real-Time Rating (RTR) API and the Spot Market API.
"Efficiency and reliability are top of mind for our customers, and this partnership helps drive those goals forward These integrations provide access to a reliable carrier network and remove the 'rate guesswork,' allowing shippers to focus on optimizing their operations and business growth."
-Tony Tzeng, Chief Product Officer at Transfix.
Through the RTR API, shippers gain instant visibility into Transfix pricing; these rates automatically appear in shippers' routing guides without the hassle of maintaining contracted rates or sourcing from the spot market. Shippers can leverage this real-time information to book with confidence and speed up their spot market engagements by reducing the time from quote to tender.
The Spot Market API greatly reduces manual processes, increases the response rate to spot loads, and provides reliable pricing for individual shipments. There is a long-standing void at the intersection of capacity, service, and price. The Spot Market API brings confidence and a competitive edge to shippers looking to bring their freight operations into the future, Tzeng added.
Transfix's new TMS integration with e2open was built with simplicity in mind, with a setup that involves a fast and easy online process with only a few clicks and requires no IT assistance (no phone calls or emails). Visit Transfix.io to learn more about the full-scale Intelligent Freight Platform™.
Transfix drives modern supply chain impact at scale with its Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io.
About G Squared
G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. The firm focuses on investments in growth-stage technology companies and has invested in over 100 portfolio companies since it was founded in 2011. The firm's affiliate, G Squared Ascend I Inc. ("G Squared Ascend I"), offers transformative private companies a path to public markets via SPAC. For more information on G Squared and its portfolio, visit: www.gsquared.com. For more information on G Squared Ascend I, visit: www.gsquaredascend.com.
E2open is the connected supply chain software platform that enables the world's largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 400,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 12 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one.™ Learn More: www.e2open.com.
PROCUREMENT AND SOURCING,SUPPLY CHAIN
FourKites | September 02, 2022
Leading supply chain visibility company FourKites today announced a major platform upgrade that enables organisations to more easily leverage critical supply chain visibility data across their enterprise. The new release creates seamless integration between real-time transportation visibility and facility-specific data — across all modes — providing actionable insights that drive efficiencies and prevent disruptions across the end-to-end supply chain.With these latest enhancements, data automatically syncs between the platform’s real-time transportation tracking, Appointment Manager and Dynamic Yard® applications to deliver faster, more contextualised multimodal insights that drive ROI across all teams. Some examples of these actionable insights include:
Transportation managers can reprioritise schedules in advance based on appointment times displayed alongside the shipment’s corresponding ETA
Warehouse leaders can automatically check in and check out freight arriving at a point with geofence tracking, enabling accurate record-keeping of facility operations
Supply chain executives can accurately track landed costs for shipments in one single view, including multimodal detention charges, ocean demurrage, transloading and facility dwell
Inventory planners have a full view of on-hand and in-transit inventory to better plan production schedules, or outbound cuts to reduce penalties and eliminate expedites
Supply chain and warehouse executives can optimise facility schedules based on ocean port of call ETAs to ensure the fastest throughput of ocean containers and minimise truckload traffic
Together, these improvements give users across the enterprise easy access to the critical supply chain information they need to drive faster resolutions, proactively manage exceptions, and provide better reporting to their supply chain partners.
“Today represents a major step toward helping large enterprises leverage supply chain visibility across their business, We have customers with hundreds and thousands of users, so as we continue to drive innovation in the industry, we remain focused on maximising usability and value for our customers. Giving them the ability to see all of their data tightly integrated and automated in one platform, across all modes and geographies, is the best way to ensure ROI.”
-FourKites’ Founder and CEO Mathew Elenjickal.
FourKites was recently named a Leader in the 2022 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms, positioned the furthest for its Completeness of Vision. In addition, the company scored the highest for Fortune 500 businesses with complex needs in Gartner’s companion report, the 2022 Gartner® Critical Capabilities for Real-Time Transportation Visibility Platforms. In that analysis, FourKites ranked #1 in three of the five most advanced Use Cases.
Praise for FourKites’ User Interface from Gartner Peer Reviews:
FourKites has been a great company to partner with. They have a strong customer service focus and tend to take product feedback through development to production surprisingly quickly. Their core tracking platform, while sophisticated, is remarkably intuitive and they seem to have an eye for end user experience in everything they produce. - Transportation Sr. Manager, Manufacturing
FourKites continues to excel and impress me with their ability to deliver tools that are useful and support our account in a way that is customer first. In working with them, they have been able to roll out coverage in multiple countries, manage the work, and enhance their tool along the way. I'm very impressed with their product and the agility in delivery. - Logistics Strategy Analyst, Manufacturing
We have been beyond happy with how FourKites has enabled us to scale efficiently. Their service and customer support are excellent and the integration has allowed us to become much more efficient. - Innovations And Systems Manager, Transportation
Easy and a ton of information made available with a click of the mouse. Within a few moments I can get a real time overview of loads. - Inventory Administrator, Food & Beverage
The platform is really friendly and easy to use, with a lot of potential to increase our visibility and help us be more agile. - Latin America Transportation Sr. Manager, Manufacturing
This platform is great in providing our supply chains teams and stores with real-time visibility on loads across the network. It is intuitive, user friendly, and a great and powerful tool to provide meaningful insights. - Supply Chain Rotational Analyst, Retail
FourKites® is the largest supply chain visibility platform in the world, extending visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.8 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching over 200 countries and territories, FourKites combines real-time data and powerful machine learning to help companies digitise their end-to-end supply chains. More than 1,100 of the world’s most recognised brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains. To learn more, visit https://www.fourkites.com/.
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.