Nexxiot | August 13, 2021
Eurowagon, the operator of Poland’s largest pool of independent rental freight railcars, has selected Swiss IoT pioneer Nexxiot to digitize the company’s cargo fleet. Through the full deployment of Nexxiot’s industry leading, proprietary hardware sensors and cloud-based software solutions, Eurowagon will achieve for its cargo fleet and customers an unparalleled standard of safety and transparency.
Founded in 2018, fast-growing Eurowagon has quickly become the leading private operator of freight railcars in Poland by maintaining an agile approach that enables rapid expansion as well as the integration of the latest technology advances in the industry. This digitization partnership with Nexxiot will ensure next level accountability to its clientele, which include some of Europe’s leading shippers.
“Transparency and security improvements through digitization are trending topics around the world but are often met with institutional impediments. Eurowagon’s youthful agility enables our company to adopt the latest technological innovations to stay competitive,” explained Marek Gołębiewski, Eurowagon’s Technical Director. “We are free from legacy issues because we are able to take a ‘greenfield’ approach and ensure digital readiness from day one. This partnership will enable us to respond to the needs of our customers in real time, remaining at the forefront of industry trends. By 2026, we will increase our fleet to 4,500 wagons, becoming the largest professional rolling stock company for the rental of rail freight wagons in Central and Eastern Europe. To achieve this, we continue to integrate the latest technologies and ideas into the company now to offer our clients the best possible service.”
Nexxiot’s gateway devices, called Globehoppers, will be used to equip Eurowagon’s non-powered freight wagons and deliver data in real time. This data allows decisionmakers to gain full visibility and transparency into their daily operations. This cutting-edge technology ensures that rail processes are as secure and efficient as possible.
Regarding fleet safety, Eurowagon expects digitization to add significant value. Mr. Gołębiewski continued, saying “Nexxiot’s solutions help us supervise the planning of periodic repairs and prevent potentially dangerous situations through continuous fleet monitoring. In the rare cases where unplanned incidents occur, real-time notifications via the Nexxiot intelligent cloud are a great advantage as we are able to quickly pinpoint exactly where and when the event occurred, which wagons were affected and how severely due to in-depth shock analytics. The data insights will also help us speed up the regulatory processes required to investigate any potential event. We are pleased with Nexxiot's openness to derive significant experience and adapt the product to our individual needs."
Nexxiot CEO Stefan Kalmund sees a special correlation between transparency and security, remarking, “Security has a lot to do with trust. Nowadays, digital solutions that create transparency in operations allow companies to provide their clients with all the relevant insights and proof of ‘duty of care.’ Together with the team at Eurowagon, we are able to explore the specific needs of the Polish market and collaborate in finding the perfect customized solution for the company. In the process of working together, we found that Nexxiot and Eurowagon are a natural fit, because progressive thinking around data-driven innovation is a priority in both companies."
Eurowagon is a new alternative for customers on the European rail car leasing market. The company was established in 2018 and is a portfolio company of CEE Equity Partners Ltd. Eurowagon presently owns and manages roughly 1,500 freight railcars, and expects to expand to approximately 4,500 wagons by 2026. Eurowagon enterprises include rental of railcars to freight and industrial clients, railcar management and maintenance. The headquarters of the company is in Poland and, since 2020, Eurowagon has also maintained operations in Switzerland, France and Austria.
Nexxiot AG is a driver of the digital logistics of tomorrow. An industry leader in the digitalization of cargo transportation, Nexxiot empowers global shipping companies and suppliers to harness the power of their data through proprietary, cutting-edge technology and integrated data solutions to track, find and protect cargo from more than 160 countries around the world and across 450 network roaming partners to ensure accountability, security and efficiency. Headquartered in Zurich, Nexxiot operates throughout Europe and the U.S., employing people from 21 countries. 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.
LaneAxis | December 02, 2020
Riding a strong tailwind of demand and discontent, LaneAxis, Inc., a supply chain-centered SaaS organization, is seeing fast and eager extension of the LaneAxis Direct Network following its ongoing launch. This eagerly awaited broker-free network isn't simply disturbing, however reinventing the manner in which goods are moved from A to B. The Network's essential mission: interfacing shippers directly to carriers, and in the process disposing of the freight industry’s most problematic player: freight brokers. This immediate model will reduce enormous expenses while adding huge efficiencies to an industry needing a significant redesign.
“We understand cutting brokers out of the transportation equation will make us very unpopular in some corners,” says LaneAxis CEO & Founder Rick Burnett. “3PLs, brokers and purchased transportation have long filled in gaps in the supply chain. But LaneAxis’ patented technology and direct network solution is now available to fill that void, particularly for the 97% of trucking companies that are small and independent, owning just a handful of trucks. These are the very truckers who already hauling the freight today - but are simply unable to contractually go direct.”
Burnett says brokers have held a near stranglehold on the freight industry for decades, particularly on the omnipresent “load boards” that are often labeled “shipper-carrier direct” – but in reality are broker posted loads.
LaneAxis has revealed broadly on the reaction of outrage imposed by U.S. truckers against the freight brokerage industry in 2020. An absence of pricing transparency, low rates, and bad-faith strategies lead the list of complaints.
Noyack | October 26, 2021
NOYACK Capital announces the launch of Noyack Logistics Income REIT (NLI), a holistic, future-focused private fund targeting logistics-relevant commercial real estate ownership. Its investments will be driven by a disruptive acquisition strategy informed by emerging needs for driverless car infrastructure, same day delivery, climate-controlled storage and other rapidly evolving logistics uses. Currently a private investment fund, NLI intends to qualify as a real estate investment trust, or REIT, commencing with its taxable year ending December 31, 2022, and is structured as an umbrella partnership REIT, commonly called an "UPREIT."
NLI will target four key asset classes: Mobility hubs (a newly defined property type that merges structured parking with amenities such as driverless car portals and charging, package lockers and grocery cold storage), cold storage warehousing, dry warehousing, and healthcare.
Our focus on mobility hubs and other future-forward logistics infrastructure is driven by our point-of-view that these logistics assets are undervalued relative to the market maturity of ecommerce and that they offer asymmetric risk–reward potential."
CJ Follini, managing partner.
Designed by investors for investors, NOYACK is a private investment manager founded by family office principals including Follini. NOYACK will seed the UPREIT with an estimated $30 million of its principal-owned industrial and parking assets, creating near-term dividend opportunities. NOYACK has developed NLI's TripleZero™ fee structure as one of the lowest in the REIT industry; investors are expected to receive 100% of invested capital and a 15% IRR before NOYACK, as external manager, earns any incentive bonus from the profits.
"Our plans for Noyack Logistics Income REIT (NLI) include investing in approximately $500 million of future-forward logistics properties serving consumer and supply chain demands of the 2020s and beyond," explains Follini. "Recent disruption and technological advances have identified new value we see driving the potential for superior returns. Our proprietary market analytics look beyond the needs we know about for today's last mile. They anticipate next-mile imperatives for real estate agile enough to adapt to cultural shifts and new technology."
NOYACK will oversee the initial subscription period commencing immediately through a Private Placement Memorandum available to accredited investors at www.noyacklogistics.com and will also oversee operations of the new UPREIT as external manager. Originally founded by Follini in 2005 to represent and manage investments as a Multi-Family Office, NOYACK has managed over $1.0 billion of alternative real estate and venture capital assets, including assembling and disposing of a $300 million portfolio of healthcare properties.
As managing partner of NOYACK and the investment manager of his own family office investments across multiple alternative investment sectors including real estate, Follini's deep experience crosses more than three decades and sectors from real estate to media and venture capital. Follini and his team will use their proprietary analytic to identify specialized assets meeting future-forward logistics realities such as increasing demand for specialized cold storage facilities serving food, grocery and healthcare; mobility hubs for autonomous vehicle parking and local delivery; package lockers; and other emerging needs of a modern screen-to-door economy.