SOFTWARE AND TECHNOLOGY

Aperia Technologies Revs Up Predictive Tire Management with the Release of Halo Connect 2.0

Aperia Technologies | March 09, 2022

Aperia Technologies Inc., a leading supplier of tire management technologies that improve the safety and efficiency of commercial vehicles, announced  the launch of Halo Connect 2.0, the latest evolution in the company’s comprehensive tire management platform.

“Dozens of trade-offs need to be considered when designing the right cradle-to-grave fleet tire management strategy, Halo Connect now couples deep historical tire health insights with fleet-specific inputs to deliver transformative tire management solutions customized to each client.”

-Josh Carter, CEO of Aperia Technologie

Halo Connect is a cradle-to-grave connected tire management platform that allows fleets to virtually eliminate unplanned tire-related downtime, reduce tire costs per mile, and engender driver confidence by pairing machine learning with active inflation.

Aperia’s tire analytics engine leapfrogs existing technologies that simply provide tire pressure alerting,” continued Carter. “By considering the business and operational context necessary to deliver actionable alerting, Halo Connect enables fleets to get every cent they paid for out of their tires and tire technology investments.

Powered by more than 50 billion miles of real-world fleet tire data, Halo Connect’s proprietary tire analytics engine uses machine learning to characterize the many interrelated and competing variables that affect and inform tire-related maintenance and strategic decisions, effectively enabling fleets to shift from flying blind with a reactive tire service model to confidently executing a proactive service model that optimizes uptime and tire maintenance cost.

Halo Connect is the only active tire management platform for all wheel positions, and the platform now includes key modules to help fleets optimize decision-making and cost across the tire lifecycle. First introduced in 2019, Halo Connect works in tandem with Halo Tire Inflator, a revolutionary automatic tire inflation system for trucks and trailers that installs in minutes. The platform is compatible with all vehicle makes and models, and is available through major OEMs, a network of partners, and directly from Aperia. With the Halo Connect Plan, Halo Connect 2.0 can be purchased as an asset or as a subscription service.

About Aperia Technologies, Inc.
Aperia Technologies makes transportation more efficient, safer, and better for the environment. The company’s comprehensive suite of tire management solutions, including Halo Connect® and the Halo Tire Inflator®, improve fuel economy and road safety while reducing tire expenditures, downtime, and maintenance costs for commercial fleets. Aperia offers the most comprehensive, user-friendly, line-up of tire management solutions available to commercial fleets worldwide with nearing a million tires under management. For more information, visit www.aperiatech.com.

Spotlight

The IBM Sterling Supply Chain Suite is an open, integrated platform with embedded AI and blockchain that easily connects to your supplier and customer ecosystem. It helps you address persistent supply challenges by providing end-to-end visibility, real-time insights and recommended actions to turn disruptions into opportunities for customer engagement, growth and profit.


Other News
SUPPLY CHAIN

E2open Alliance Partner KPMG LLP to Launch New E2open Practice

E2open | April 26, 2022

E2open Parent Holdings, Inc. (NYSE: ETWO), a leading network-based provider of a cloud-based, mission-critical, end-to-end supply chain management platform, announces that its strategic alliance partner, KPMG LLP is building a new E2open practice to help clients transform their enterprise with supply chain technology.The KPMG E2open practice will be focused on creating positive business outcomes and a more connected supply chain through technology adoption, services and expertise. “We’re thrilled to strengthen our alliance relationship with KPMG and launch a dedicated E2open practice to drive more value for our mutual clients, This is yet another step in our stated strategy to expand our partnerships and partner ecosystem to best serve clients.” -Michael Farlekas, chief executive officer of E2open KPMG LLP Supply Chain Advisory Leader Rob Barrett, said, We look forward to servicing our mutual clients in building more connected, resilient supply chains through digital transformation. Our E2open practice will help guide that journey, from technology roadmap and operating capabilities to the skills and internal adoption that drives ultimate success. “Our goal is to help clients achieve better results in managing their supply chains, and our alliance with KMPG is instrumental in that endeavor. We’re excited that KMPG is opening up a practice, which will include expanded transportation and logistics capabilities from E2open’s most recent acquisitions.” -Heather Generes, general manager, channel and growth at E2open KMPG recently received the CONNECT 2022 Strategic Alliance Partner of the Year Award from E2open at its annual client conference. About KPMG LLP KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 145 countries and territories and has close to 236,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Learn more at www.kpmg.com/us. About E2open At E2open, we’re creating a more connected, intelligent supply chain. It starts with sensing and responding to real-time demand, supply and delivery constraints. Bringing together data from customers, distribution channels, suppliers, contract manufacturers and logistics partners, our collaborative and agile supply chain platform enables companies to use data in real time, with artificial intelligence and machine learning to drive smarter decisions. All this complex information is delivered in a single view that encompasses your demand, supply, logistics and global trade ecosystems. E2open is changing everything. Demand. Supply. Delivered.™ Visit www.e2open.com.

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MANAGEMENT

GXO Partners with Sente Foundry to Accelerate Logistics Innovation

GXO Logistics | May 17, 2022

GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced a new partnership with Sente Foundry (“Sente”), a global startup investment and innovation platform that brings corporations, public institutions and investors together to discover high-potential technology startups with inventive ideas and scalable solutions that can help solve today’s greatest supply chain challenges. “Our partnership with Sente reflects our ongoing commitment to providing our customers with cutting-edge automated solutions that increase safety, productivity, accuracy and scalability, We look forward to working with Sente to identify innovators around the world that are using emerging technologies to develop game-changing solutions to make logistics a competitive advantage.” -Sandeep Sakharkar, Chief Information Officer, GXO During the year-long collaboration, Sente will conduct a global search for and evaluation of the world’s most promising technology-focused startups. The start-ups will be selected specifically for their potential to help GXO meet its strategic priorities, including accelerating warehouse innovation for customers that are increasingly looking to automate their logistics operations. Sente COO Gerod Carfantan, leader of Sente’s Supply Chain and Transportation domain, said, “We’re excited by this opportunity to connect GXO with startups with scalable groundbreaking ideas. Today’s logistics challenges are increasingly complex, and GXO has led the way globally with creative solutions, innovation and collaboration. We’re inspired by GXO’s mission to realize logistics at full potential and we look forward to helping the company achieve even greater success.” About GXO Logistics GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is benefiting from the rapid growth of ecommerce, automation and outsourcing. GXO is committed to providing a diverse, world-class workplace for approximately 120,000 team members across more than 900 facilities totaling approximately 200 million square feet. The company partners with the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut, USA. Visit GXO.com for more information and connect with GXO on LinkedIn, Twitter, Facebook, Instagram and YouTube. About Sente Foundry Sente Foundry, LLC (“Sente”) is a Chicago-based early-stage startup investment program that works with corporations, family offices, and institutional investors to connect startups with innovative and scalable opportunities using its unique “CVC-as-a-Service” platform. Sente searches the world for the most high-potential startups and helps them scale through partnerships with its partners. With Sente, startups can scale faster and do so internationally; investors get line-of-sight and a new way to invest in the world’s most promising startups; and corporations accelerate innovation like never before. Since its founding in 2013, Sente has supported early-stage companies that operate in over 40 countries, have received over $35 million in funding, and have generated revenues exceeding $80 million. Find Sente online at sente.link, LinkedIn, and Twitter.

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TRANSPORTATION

Logistics Industry Leader TTSI Further Expands Its National Presence by Acquiring MCS

Total Transportation Services | April 12, 2022

Total Transportation Services (“TTSI”) has completed its sixth industry acquisition since August 2019 by purchasing Marine Container Services (“MCS”). MCS is a Newark, NJ-based provider of intermodal drayage and warehousing services to beneficial cargo owners (BCOs) moving cargo through the Ports of Newark and the Port of Savannah and operates a fleet of over 130 tractors and approximately 300,000 sq. ft. of warehousing space across four facilities. MCS marks TTSI’s second acquisition in New Jersey and the third acquisition on the East Coast, all within the last year. “This acquisition of MCS further solidifies TTSI’s position as a market leader in providing logistics services to the nation’s largest importers and other strategic customers. We are truly a nationally focused company with a national presence, able to service customers at every gateway,” -Vic LaRosa, co-founder and President of TTSI. As the supply chain continues to face unprecedented capacity constraints, TTSI’s growth comes at a critical time. “With these strategic acquisitions, we have positioned ourselves to withstand continued pressure on the supply chain.” La Rosa added. With over 250 trucks nationwide, including alternative fuel platforms, TTSI remains an industry leader in the intermodal drayage business, both operationally and environmentally. About Total Transportation Services Inc. (TTSI) TTSI is a leading logistics services provider with distinct expertise in distributing imports within the US and Canada. The company is headquartered in Southern California and also has operations in Northern California, Savannah, Mobile, Newark, Seattle, Chicago, and Virginia.

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LOGISTICS

Lineage Logistics Broadens North American Network with Acquisition of VersaCold Logistics Services from TorQuest Partners

Lineage Logistics, LLC | April 18, 2022

Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading and most innovative temperature-controlled industrial REITs and logistics solutions providers, announced it has signed a definitive agreement to acquire VersaCold Logistics Services (“VersaCold”), a leading cold chain solution provider in Canada, from TorQuest Partners (“TorQuest”) and its co-investment partners, The Investment Management Corporation of Ontario (“IMCO”) and OPTrust. Financial terms of the transaction were not disclosed.Founded in 1941 and headquartered in Vaughan, Ontario, VersaCold is a cold chain leader that runs 24 temperature-controlled facilities comprising 114 million cubic feet of storage and 361,000 pallet positions. Its strategically-positioned network spans nine provinces and includes properties in Canada’s most populous metropolitan markets—including Toronto, Calgary, Vancouver, Edmonton, and Montreal. VersaCold also offers an integrated, asset-based inbound and outbound temperature-controlled transportation solution that operates out of nine terminals across the country and provides coast-to-coast service capabilities. Our acquisition of VersaCold represents yet another milestone and an important broadening of our business in Canada,” said Greg Lehmkuhl, President and CEO of Lineage Logistics. In its 80-plus year history, VersaCold has built a stellar reputation by providing customers with differentiated and fully integrated warehousing and transportation solutions across Canada. We are excited to bring them into the One Lineage family and work alongside the VersaCold leadership team to better serve customers across North America. We also look forward to supporting capacity expansion plans at a number of warehouses across key Canadian markets. "We look forward to embarking on this journey with Lineage Logistics, Lineage has emerged as a world leader in creating innovative solutions to help reduce waste across the temperature-controlled supply chain. Combining our seasoned team and our complementary facility network with Lineage will create an even more dynamic company capable of supporting the growing needs of our customers in Canada and around the globe.” -Mike Arcamone, President and CEO of VersaCold Logistics Services. TorQuest has enjoyed our partnership with Mike and the VersaCold team, and the opportunity to provide capital to invest in and reposition its facility network for the future” said Jonathan Fraser, Partner at TorQuest. “VersaCold has thrived under our ownership, and we are very pleased to have Lineage step in to drive the next chapter for the business. We are also excited to be investing in Lineage as part of this transaction and for our investors to participate in future value creation. The acquisition is expected to close in the third quarter of 2022 subject to customary closing conditions. Wells Fargo Securities, LLC acted as the exclusive financial advisor to VersaCold and TorQuest and Stikeman Elliott LLP served as legal counsel. JP Morgan Chase and Scotiabank acted as Lineage’s financial advisors and Latham & Watkins as well as Bennett Jones acted as its legal counsel. About Lineage Logistics Lineage Logistics is one of the world’s leading temperature-controlled industrial REITs and logistics solutions providers. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific. Lineage’s industry-leading expertise in end-to-end logistical solutions, its real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com) About VersaCold Logistics Services VersaCold is one of Canada's leading supply chain solutions companies focused exclusively on the handling of temperature sensitive food products. VersaCold delivers a suite of fully integrated logistics services through its national network of industry leading facilities, transportation fleet and advanced technologies that set the benchmark for accessibility, information visualization, real-time tracking and inventory management. VersaCold is proud to play a key role in ensuring the safety, quality and freshness of some of North America's most beloved food brands, protecting the health and wellness of families across Canada from coast to coast. For more information about VersaCold, please visit www.versacold.com. About TorQuest Partners Founded in 2002, TorQuest Partners is a Canadian-based manager of private equity funds. With more than C$3.5 billion of equity capital under management, TorQuest is currently investing from TorQuest Partners Fund V, a C$1.4 billion fund that closed in March 2020. TorQuest invests in middle market companies and works in close partnership with management to build value. To learn more about TorQuest, please visit www.torquest.com.

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Spotlight

The IBM Sterling Supply Chain Suite is an open, integrated platform with embedded AI and blockchain that easily connects to your supplier and customer ecosystem. It helps you address persistent supply challenges by providing end-to-end visibility, real-time insights and recommended actions to turn disruptions into opportunities for customer engagement, growth and profit.

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