Via Acquires Fleetonomy to Meet Rapidly Growing Demand for Logistics

Via | October 06, 2020

Via, the world's preeminent provider of digital infrastructure for public mobility systems, announces today that it has acquired Fleetonomy, a leading developer of advanced fleet management software. The acquisition accelerates Via's expansion beyond public transit and strengthens its ability to meet increasing global demand for efficient, flexible solutions for logistics and delivery. Following its Series E financing led by Exor in March at a $2.25B valuation, the transaction represents an important step towards realizing Via's vision of using technology to shape the future of transportation of people and goods in cities around the world. Fleetonomy was founded in 2017 by CEO Israel Duanis and CTO Lior Gerenstein, with the vision of building the next generation of fleet management and optimization platforms, suitable for the challenges and opportunities that came with the shift to fleet-based on-demand services. In a few short years, the company partnered with a roster of notable brands ranging from Toyota to BP, asserting itself as the gold standard in fleet management technology. Via's technology is currently used by more than 150 cities and transit operators across the globe to power intelligent transit and, increasingly, delivery platforms. The need for essential transit services and goods delivery has continued to grow during the pandemic, and Via plans to apply Fleetonomy's technology and expertise in demand prediction and fleet utilization to advance its digitally-powered logistics solutions.

Spotlight

The Transportation and Logistics Industries made up of 6 sectors. its one of the largest industries.

Spotlight

The Transportation and Logistics Industries made up of 6 sectors. its one of the largest industries.

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TRANSPORTATION

INRIX Expands its Support of The Eastern Transportation Coalition's Traffic Data Marketplace

INRIX | July 15, 2022

INRIX Inc., a world leader in mobility analytics and connected car services, announced it has been selected by The Eastern Transportation Coalition (TETC) as the only vendor to support all dataset categories in its Traffic Data Marketplace (TDM). The TDM provides Coalition member agencies the opportunity to select from prequalified vendors in six different dataset categories: Travel Time and Speed, Origin-Destination, Freight, Waypoint, Volume, and Conflation. INRIX is the only company prequalified in all six categories, enabling a one-stop shop for consistent datasets. INRIX currently publishes travel time and speed data for 500,000 miles, volume data for 1.1 million miles, and generates aggregated and anonymous Origin-Destination/waypoint data for over 40 million trips daily in the TETC region. INRIX also offers conflation services in partnership with the Texas A&M Transportation Institute (TTI), a nationally recognized leader in geospatial data and analysis. "As we begin our 15th year supporting the TETC and its member agencies with our travel time and speed data, we are thrilled to be able to expand our innovation further into new datasets and insights, With one of the nation's most robust source data, derived from tens of millions of connected passenger cars, commercial vehicles, and mobile devices, INRIX looks forward to continued collaboration on ground-breaking cost-effective mobility data uses. -Bryan Mistele, Co-founder and CEO of INRIX. The TDM has its origins in the Vehicle Probe Project (VPP), which began in 2008 with the primary goal of providing TETC members with the ability to acquire reliable, real-time travel time and speed data for their entire roadway network without the need for sensors and other hardware. INRIX was the original VPP service provider and is the only company that has continuously supported TETC since 2008. Ten statewide agencies, with nearly 75 million in collective population, license INRIX services through the VPP to help streamline daily operations, improve safety, pinpoint investments, and deliver better traveler services. "INRIX has been a long-term partner providing travel time and speed data to the Coalition and many of our member agencies, INRIX data has been integral to helping the Coalition prove that scalable, virtual infrastructure is possible – and in many cases preferred – over investing in physical infrastructure We appreciate their service expansion to address all TDM dataset categories desired by our members." -Denise Markow, Director, TSMO Program of The Eastern Transportation Coalition. INRIX also offers multiple additional service options to TETC members via the TDM, including: INRIX Signal Analytics, enabling agencies to identify and reduce excessive delay and resulting energy and carbon emissions at signalized intersections. Signal Analytics generates current and historic daily, weekly, and monthly performance metrics for movements and approaches, and monitors travel times of trips traversing distinct corridors for over 100,000 traffic signals in the TETC region. HELP, in partnership with Information Logistics, an innovative service for establishing direct two-way communication with travelers during roadway closures or other emergencies leveraging FEMA's Emergency Alerting System. Commercial Motor Vehicle Safety Alerts, in partnership with Drivewyze, real-time traffic alerts to commercial motor vehicle drivers on rural and intercity corridors where other options for real-time communications are limited, to reduce crashes and fatalities. Replica, leveraging INRIX to provide data and insights about the built environment and the ways people interact with it. Replica's data offers a holistic, nationwide picture of mobility, people, land use, and economic activity. By turning vast, disparate datasets into cohesive insights, Replica empowers people who shape the built environment to make the most informed, impactful decisions. The TDM will be active for the next four years, with the potential for eight years in total if all option periods are utilized. INRIX provides significant discounts for combining multiple dataset purchases, and multi-year purchases. Services are immediately available for licensing by member agencies through the Coalition from July 1, 2022 forward. For more information visit: https://tetcoalition.org/projects/transportation-data-marketplace/ About INRIX Founded in 2004, INRIX pioneered intelligent mobility solutions by transforming big data from connected devices and vehicles into mobility insights. This revolutionary approach enabled INRIX to become one of the leading providers of data and analytics into how people move. By empowering cities, businesses, and people with valuable insights, INRIX is helping to make the world smarter, safer, and greener. With partners and solutions spanning across the entire mobility ecosystem, INRIX is uniquely positioned at the intersection of technology and transportation – whether its keeping road users safe, improving traffic signal timing to reduce delay and greenhouse gasses, optimizing last mile delivery, or helping uncover market insights. Learn more at INRIX.com.

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FREIGHT

C.H. Robinson Extends Relationship with Descartes MacroPoint™ to Help Carriers Transmit Freight Updates

Descartes Systems Group | August 04, 2022

Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that C.H. Robinson, one of the world’s largest logistics service providers, is using Descartes MacroPoint™ to expand the options carriers can use to connect with the company’s technology. “We’re pleased to be able to help carriers in C.H. Robinson’s North American freight network deliver important information on their shipments, Supply chains today are extremely fast-paced and fluid, and the ability to access timely insights into the precise movement of goods is critical for logistics service providers and shippers alike.” -Dan Cicerchi, General Manager, Transportation Management at Descartes. C.H. Robinson offers carriers digital connectivity through its Navisphere Carrier website and app, direct integrations with carriers’ own technology and API integration with third-party tools such as the most popular ELDs. For carriers that use Descartes MacroPoint to provide status updates on the freight they’re hauling, C.H. Robinson has extended its agreement with Descartes so that carriers can seamlessly continue to transmit updates via their preferred tool. Descartes MacroPoint is a cloud-based multimodal visibility platform designed to help manufacturers, retailers, distributors and logistics services providers gain better control of freight movement through real-time location, status, and estimated-time-of-arrival (ETA) data on their shipments. The platform connects road, air and ocean carriers via telematics/electronic logging devices, transportation management systems, a mobile driver application, APIs and the Descartes Global Logistics Network™, the world’s largest multimodal messaging network. Using Descartes MacroPoint, logistics service providers and shippers can improve customer service, increase distribution efficiency, better collaborate with customers, suppliers and carriers, and minimize the impact of disruptions and late delivery penalties. About C.H. Robinson C.H. Robinson solves logistics problems for companies across the globe and across industries, from the simple to the most complex. With $28 billion in freight under management and 20 million shipments annually, we are one of the world’s largest logistics platforms. Our global suite of services accelerates trade to seamlessly deliver the products and goods that drive the world’s economy. With the combination of our multimodal transportation management system and expertise, we use our information advantage to deliver smarter solutions for our nearly 100,000 customers and our 85,000 contract carriers. Our technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers’ businesses. As a responsible global citizen, we are also proud to contribute millions of dollars to support causes that matter to our company, our Foundation and our employees. For more information, visit www.chrobinson.com. About Descartes Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, performance and security of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, schedule, track and measure delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and Twitter.

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SOFTWARE AND TECHNOLOGY

Delivery and Return Logistics Platform Veho Expands Last-Mile Package Solution to Florida

Veho | May 26, 2022

Veho, the customer-first logistics platform that powers next-day delivery for e-commerce brands, has expanded its premium last-mile delivery and returns solution into Florida, with facilities now in Fort Lauderdale, Miami and Orlando, with Tampa and Jacksonville set to open by the end of the year. The push into the Florida market enables Veho e-commerce partners to provide consistent and reliable next-day package delivery and doorstep returns to their customers, including real-time customer support, 99.9% on-time delivery rates, and an average 4.9 star customer rating. Veho will be adding hundreds of new full-time employees in Florida by the end of 2023 for the continued expansion and operation of the newly opened facilities, with thousands of independent driver-partners already using the Veho app to earn. "As a company built around enabling brands to deliver best-in-class customer experience, we make sure to provide a high level of collaboration to our retail customers. This is why we are expanding our footprint specifically in areas where our customers see the biggest value. We are excited to bring our customer-centric delivery logistics platform to the Sunshine State," -Itamar Zur, co-founder and CEO of Veho. With its company-operated facilities in-market, including sort centers and depots, Veho facilitates next-day delivery from a brand's distribution center all the way to customers' doors via its technology platform and a network of independent crowdsourced drivers. Veho provides a transparent and predictable earnings opportunity for driver-partners, with the ability for driver-partners to independently select routes. Veho's proprietary technology powers a platform that seamlessly matches demand for deliveries with driver-partners, enabling them to collect packages from Veho hubs and deliver them to consumers on dense last-mile routes—and even pick up returns from customer doorsteps at a customer's request. "With our newest Veho hub in Orlando and several more planned to open this year, we aim to bring the delivery and returns experience enabled by the Veho platform to the majority of Floridians, This expansion will bring excellent full-time jobs to Florida, as well as opportunity for new driver-partners." -Chelsea Beyer, General Manager of Veho Southeast. Currently serving 19 cities in five major U.S. regions, Veho is rapidly expanding its platform to power premium, next-day package delivery and doorstep pickups around the country. About Veho Veho is a technology company that is revolutionizing logistics to enable fast, transparent, and personalized deliveries that increase customer satisfaction and drive customer lifetime value. For e-commerce brands, Veho's platform facilitates personalized delivery and returns that protects brands' premium experience from their warehouse to their customers' doorstep. By leveraging live customer communication, in-market warehouse locations and a dynamic marketplace to seamlessly match demand for deliveries with last-mile driver-partners, Veho provides e-commerce brands with a complete solution to make delivery a new competitive edge. For more information, please visit https://shipveho.com.

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