Arrive Logistics Acquires Cross-Border Business from Forager

TRANSPORTATION

REV Ambulance Group | March 07, 2022

REV Group, Inc. (NYSE: REVG) which includes companies that manufacture Horton®, AEV®, Road Rescue®, Wheeled Coach® and Leader® brand ambulances, announces the delivery of an all-electric, zero-emission ambulance to DocGo, a leading provider of last-mile mobile health services and integrated medical mobility.Manufactured at Leader Emergency Vehicles in South El Monte, CA, this all-electric ambulance eliminates the pollution of a standard gasoline ambulance. In addition to being less harmful to the planet, the electric ambulance has the potential to lower patient transportation costs due to lower fuel costs and maintenance needs. “We are committed to lead the industry in electric ambulances to meet the sustainability missions of our customers, such as DocGo’s goal to have an all-electric fleet by 2032, We’re delighted to help DocGo reach their target, with the support of our partner Lightning eMotors.” -Anoop Prakash, president, REV Ambulance Group. Lightning eMotors, a leading provider of zero emissions medium duty commercial vehicles and electric vehicle technology for fleets, worked with Leader and DocGo to create the new vehicle. The Ford Transit T350 Type II ambulance chassis was electrified at Lightning eMotors and built at Leader’s facility. Leader’s High Roof Transit van offers up to 86 kWh of battery capacity that can be charged via Level 2 AC charging or DC fast charging. This model is equipped with dual rear wheels, increased interior headroom to aid crews in loading and unloading their patient, as well as an extended body length to provide more workspace for patient care. "We are honored to have had the opportunity to work alongside Leader on this exciting initiative for DocGo, In addition to being environmentally-friendly, the drastic reduction in pollutants is better for the overall health of the patients being transported.” -Nick Bettis, director of marketing and sales operations at Lightning eMotors. The DocGo delivery, along with recent orders from American Medical Response (AMR) and Hamad Medical Corporation (Qatar), further demonstrates REV’s leadership in bringing innovative technology to the EMS community. About REV Group, Inc. REV Group® companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. They provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses, and transit buses), commercial infrastructure (terminal trucks and industrial sweepers), and consumer leisure (recreational vehicles). REV Group's diverse portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group's brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG. Investors-REVG About Leader Emergency Vehicles Leader®, a manufacturer of premium fit and finish Type I, Type II and Type III ambulances, has served the cities and communities in Southern California for over 45 years with 95% of sales come from California public and private departments. Located in South El Monte, California, Leader’s facility is 100,000 sq. ft. over two acres. About Lightning eMotors Lightning eMotors (NYSE: ZEV) has been providing specialized and sustainable fleet solutions since 2009, deploying complete zero-emission-vehicle (ZEV) solutions for commercial fleets since 2018 – including Class 3 cargo and passenger vans, ambulances, Class 4 and 5 cargo vans and shuttle buses, Class 4 Type A school buses, Class 6 work trucks, Class 7 city buses, and Class A motor coaches. The Lightning eMotors team designs, engineers, customizes, and manufactures zero-emission vehicles to support the wide array of fleet customer needs with a full suite of control software, telematics, analytics, and charging solutions to simplify the buying and ownership experience and maximize uptime and energy efficiency. To learn more, visit our website at https://lightningemotors.com.

Read More

SOFTWARE AND TECHNOLOGY

Cintra | March 15, 2022

Assembly Intelligence, an affiliate of Assembly Ventures, announced a new partnership with Cintra. Together the organizations will jointly focus on accelerating the development and deployment of technology-enabled transportation infrastructure. Through the agreement, Cintra, one of the largest private global developers and operators of transport-related infrastructure, will work with Assembly Intelligence to engage key sector leaders in critical dialogue around the future of techn"Continuing to build transportation infrastructure the way we have for decades is a lost cause," said Chris Thomas, Co-Founder & Partner of Assembly Intelligence. The future of mobility will emerge around the next generation of infrastructure, systems, and applications. We are incredibly excited to kick off this partnership with Cintra both for their focus on the future of technology-enabled infrastructure as well as for the opportunity to work together alongside a firm with a truly global reach. "As the leading global developer and operator of highway infrastructure, we must build with an eye toward future innovation, Collaborating with industry leaders is key to developing innovative mobility solutions that create a more connected, safer, and sustainable mobility for all. Industry partnerships are critical for sharing and exchanging knowledge, experiences, and ideas. Cintra is proud to announce our partnership with a visionary company like Assembly Intelligence and we look forward to working towards the common goal of improved mobility." -Ricardo Sanchez, Global Head of Technical Services and Innovation at Cintra. He added, Imagine improving fluidity, connectivity, and safety through smart highways, AVs, and other forms of transport, without the constant need for new roadway capacity. In that case, there are positive implications for wellbeing, the environment, taxes, and investment—and who doesn't want that In conjunction with the Cintra partnership announcement, Assembly also released "Mobility 4.0: Making Sense of a Sector in Transformation." This white paper explores how transformation driven by connectivity and digitalization will enable transportation systems to evolve and integrate a greater variety of modes that optimize individual needs. Through a three-layered framework called "ISA" the paper examines how new connections between infrastructure, systems, and customer facing applications can bridge current physical and digital connections in transportation systems. A downloadable version of "Mobility 4.0" can be accessed here. The partnership announcement was made as part of SXSW's Global Smart Cities Round Table hosted at the Midwest House. Invited guests included corporate, startup, investment, and public sector representatives. Participants met to share current projects and collaboration best practices on the development of city technology platforms, innovative financing, the role and importance of data, and a growing access and inclusion in communities. About Assembly Intelligence Assembly Intelligence was created by the founding partners of Assembly Ventures to engage with global mobility industry leaders. Its work complements that of Assembly Ventures, the first transatlantic mobility fund in the world. About Cintra Headquartered in Austin, Texas, Cintra is the world's leading private transportation infrastructure development company, delivering efficient and innovative solutions to global mobility needs for over fifty years Cintra manages nearly $11 billion of infrastructure assets in the United States across five managed lanes projects.safety, and sustainability.

Read More

Radiant Logistics, Inc. | February 23, 2022

Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced that its board of directors has authorized the repurchase of up to five million shares of the Company's common stock through December 31, 2023. As of February 1, 2022, the Company had 49,443,305 shares outstanding. The share repurchases may occur from time-to-time through open market purchases at prevailing market prices or through privately negotiated transactions as permitted by securities laws and other legal requirements. The Company expects to fund all purchases from existing cash balances, cash available under the Company's revolving credit facility and future cash flows from operations. The program allows the Company to repurchase its shares at its discretion. Market conditions, price, corporate and regulatory requirements, alternative investment opportunities, and other economic conditions will influence the timing of the purchases and the number of shares repurchased. The program does not obligate the Company to repurchase any specific number of shares and, subject to compliance with applicable securities laws and other legal requirements, may be suspended or terminated at any time without prior notice. We believe the current share price does not adequately reflect Radiant's long-term growth prospects, and therefore, the repurchase of our shares could represent an excellent investment opportunity for both the Company and our shareholders." Bohn Crain, Founder and CEO.

Read More

SUPPLY CHAIN

Tive | December 17, 2021

Tive, a leading real-time in-transit visibility provider, today announced a new strategic partnership with Blue Yonder, a leading digital supply chain and omni-commerce fulfillment platform provider. By integrating data and insights from Blue Yonder's transportation management solution and Luminate™ Control Tower, this partnership provides mutual customers with insights beyond shipment locations and conditions that deliver a better end-consumer experience. Logistics professionals in retail and manufacturing are demanding next-generation actionable insights to actively manage their customers' growing expectations. This partnership delivers shared data and efficiencies for logistics providers, offering near real-time visibility for their customers across the globe. Tive is a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments while providing hyper-accurate location and condition with its industry-leading trackers. By partnering with Blue Yonder, Tive will be able to deliver on its promise of 90% reduced 'where-is-my-order' costs; a 90% reduction in claims for lost, damaged or delayed items; and an overall 10% savings on total freight spend to customers. Collaboration and partnerships across the entire supply chain ecosystem are what we strive for every day here at Tive, Combining all aspects of real-time shipment data – location, condition, TMS and control tower data – customers everywhere get real-time actionable information on what is happening with their shipments. We are excited to partner with Blue Yonder to help make global supply chains more efficient." Tive CEO and Founder Krenar Komoni. "Here at Tive, we seek to partner with companies that align with our culture of transparency, collaboration and relentless pursuit to ensure that every shipment arrives on time, in full, and in good condition, Blue Yonder is a natural symbiotic fit in Tive's partner ecosystem thanks to their strong capabilities in transportation management and control tower visibility." Shawna Baker, Head of Partnerships at Tive. About Tive Tive is a leading provider of real-time supply chain visibility insights that help logistics professionals actively manage their in-transit shipments' location and condition. With Tive, shippers and logistics service providers (LSP) eliminate preventable delays, damage, and shipment failures. Tive's solution provides data generated by its industry-leading trackers allowing clients to actively optimize their shipments, improve their customers' experience, and unlock supply chain insights in an actionable real-time manner.

Read More