FREIGHT

Becker Logistics Acquires Trek Freight Services

Becker Logistics | March 29, 2022

Effective December 31, 2021, Becker Logistics LLC, a 3PL Company has acquired Trek Freight Services, LLC located in Lincolnwood, IL. Trek Freight has been in business for 21 years and Becker Logistics will be celebrating their 25th anniversary this coming May, combining these two entities for a total of 46 years of transportation experience. Trek adds an additional 125 customers, 25,000+ carriers, 35 employees and their proprietary TMS which will be synergies for Becker Logistics moving forward. Trek provides third-party logistics services across the U.S. These services will now be provided under the Becker Logistics name.

Becker Logistics has experienced extraordinary growth in the last 10 years. In 2020 revenue was at $73 million. In 2021 they grew overall, both organically and non-organically by 130% year over year. Their total top-line revenue for 2021 was $167.2 million. They were able to add an additional $94.2 million to their top-line and with plans to do the same in 2022.

With this acquisition, Becker Logistics continues to grow and hold its place as one of the largest third-party logistics providers in the United States.

“Since 2009 when Becker Logistics had top-line revenue of only $3.5 million, to 2021, it has experienced a growth of 48 times. We have excelled at organic growth, culture, strategy and having a dual approach of not only growing organically, but non-organic growth is part of the game plan for the next eight years. This is our second acquisition with our first being Savage Logistics, LLC in 2017. We now have a total of 160 talented employees with plans of adding an additional 100 more by the end of the year. We have a BHAG to hit $1.8 billion in top-line revenue by or before 2030. Along this journey we can service our customers more by merging with other entities that have a wealth of knowledge, education and awareness in the industry already,” 

-Jim Becker, CEO of Becker Logistics.

John Andreotti, former COO and principle of Trek Freight said, Looking back, we knew we had to grow our company, but with the resources we had, our age and stage in life, we knew it was going to take far too long. We wanted to merge with a company that would not only keep our employees, but would offer an opportunity to catapult their careers. They needed more opportunities to grow. We have a great team and we didn’t want to lose any of them. We needed to merge with a company that had a vision and a larger engine in place to accelerate that growth. I’ve seen the overall vision and it’s going to provide for everyone that wants to grow individually and as a team. The merger has created a bigger and stronger team. There are so many more resources available to everyone which will aide them to reaching their personal goals and servicing their customers better than ever was possible before.

About Becker Logistics
Becker Logistics is a leading provider in the non-asset-based, third-party logistics (3PL) space, specializing in supply chain solutions that create transformational success for manufacturers, suppliers and retailers. Since inception in 1997, Becker has grown organically and non-organically with Trek Freight being its second acquisition. Savage Logistics, being the first, was acquired November 1, 2017. Becker works within this highly competitive area and has become the intermediary for over 580 customers. Becker offers an array of transportation services for customers ranging from mid-sized manufacturers to Fortune 100 corporations. Becker leverages supply chain experts, proprietary technology and operational expertise to make shipping freight more efficient for customers, giving them a competitive advantage in their industries. Becker’s competitive advantages include their intellectual properties: 3PL 360 | Freight Management Software, 3PL AIT | Artificial Intelligence Technology and 3PL LMS | Learning Management Software. Learn more at www.BeckerLogistics.com.

About Trek Freight Services
Trek Freight Services has been providing third-party logistics services in the United States since 2001, offering non-asset-based services in the areas of van, flat bed, reefer, intermodal, LTL, team service and expedited. They move various commodities, which includes packaging, building products, food and beverage, automotive chemicals, scrap virgin plastics, scrap and virgin metals, printed matter, scrap paper, consumer products, and industrial and commercial chemicals. Trek Freight is highly service oriented with the highest customer and carrier retention rate in the industry.

Spotlight

Logistics Plus Inc. is a strategic partner and investor in Lynx Fulfillment. Combined, the two companies provide end-to-end sourcing, importing, freight forwarding, warehousing, invWaentory management, fulfillment, and delivery services for small and medium businesses, internet retailers, and Amazon sellers.


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TRANSPORTATION

SECURITY SCORECARD PARTNERS WITH MARITIME TRANSPORTATION SYSTEM ISAC TO INCREASE SECURITY AND RESILIENCY IN MARITIME OPERATIONS

SECURITY SCORECARD | March 11, 2022

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TRANSPORTATION

Epes Transport Introduces New Truck Driver Hiring Website

Penske Logistics | February 21, 2022

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SOFTWARE AND TECHNOLOGY

Kinaxis and Blume Global to Empower Better Responses to Supply Chain Transportation Disruptions

Kinaxis Inc | June 14, 2022

Kinaxis® Inc., the authority in driving agility for fast, confident decision-making in an unpredictable world, and Blume Global, the only multimodal supply chain orchestration platform uniting end-to-end visibility, supplier management and logistics execution, today announced a partnership that will connect Blume Global's logistics visibility and transportation management system (TMS) with the Kinaxis RapidResponse® concurrent planning platform. The result will be better alignment between supply chain planning and execution, enabling companies to quickly remedy, or even avoid, freight transportation disruptions. Freight transportation disruptions are now one of the most common, and most costly, forms of supply chain interruption. Organizations need new levels of supply chain agility across planning and execution to understand the business-wide impact of a shipment delay and be able to take action in time to mitigate the risks to cost and customer service. By combining Kinaxis' unique concurrent planning technique with Blume Global's TMS shipment data, companies will be able to dynamically generate new plans to quickly get shipments back on track and ultimately have improved supply chain resiliency. "For nearly three years, the supply chain industry has been defined by uncertainty. That is likely to continue. While major disruptions used to occur every few years, we are now facing significant events annually – or even more frequently, Our partnership with Kinaxis will give customers around the world access to robust, innovative logistics planning and execution solutions so they can create agile processes that adapt quickly to even the most challenging circumstances." -Pervinder Johar, CEO of Blume Global. As part of the new combined offering, Blume Global will synchronize core TMS shipment data to RapidResponse, providing real-time exception-based alerts that ensure customers focus on business-critical shipments and updated ETAs for shipments that exceed defined tolerance levels. From there, customers will be able to generate and execute alternate shipment plans with a full understanding of how the alternate plan will impact key performance measures. "The intersection point between supply chain planning and execution has never been more critical. When a disruption happens, it's not enough just to be able to create a new plan quickly. Companies must be able to execute quickly as well, Our new offering with Blume Global helps companies do just that by delivering concurrent planning and execution, providing a new level of supply chain agility." -John Sicard, CEO of Kinaxis Blume Global joins the growing Kinaxis ecosystem of Solution Extension partners. These partners increase the value customers gain from RapidResponse by delivering digital inputs and developing domain-specific applications that leverage the power of concurrent planning and extend the capabilities of the widely-trusted planning platform. About Blume Global Blume Global is a multimodal supply chain orchestration platform that unites end-to-end visibility, supplier management and logistics execution. As the single source of truth for logistics data, Blume provides visibility throughout the value chain, from sourcing to delivery. Shippers use Blume solutions to navigate disruptions and create agile plans amid supply chain uncertainty. Blume has the most extensive network among logistics technology providers. The company's direct connectivity to the ocean, air, rail, parcel, LTL and truckload carriers combines with Blume's solutions and 28 years of industry data to maximize transportation spend, improve customer service and reduce carbon emissions for users. These solutions are supported by a sizeable R&D organization that is continually adding new high-value features. By developing technology that streamlines the logistics world, Blume Global is leading the industry in creating supply chain sustainability solutions, fighting climate change by eliminating significant carbon emissions in a world where most freight is transported using fossil fuels. About Kinaxis Inc. Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning to help companies plan for any future, monitor risks and opportunities and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. For more Kinaxis news, visit Kinaxis.com or follow us on LinkedIn or Twitter.

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SUPPLY CHAIN

HERE Collaborates with AWS on Supply Chain Solutions to Improve End-to-End Visibility and Fleet Efficiency

HERE Technologies | May 11, 2022

HERE Technologies, the world’s leading location data and technology platform announced it has entered a five-year strategic collaboration agreement with Amazon Web Services (AWS) to help organizations improve their supply chain visibility, transportation and logistics (T&L), fleet routing, and estimated times of arrival (ETAs) from the first-to-last mile of delivery. According to Gartner®, “real-time transportation visibility continues to be a key priority for shippers and 3PLs, and their customers,” and by 2023, 50% of global leading enterprises will have invested in real-time transportation visibility solutions.i Another Gartner report states, “increasingly, supply chain visibility adoption is no longer a “nice to have” for any organization— no matter the size, geography or industry.”ii As part of the collaboration, HERE will list its Supply Chain Solutions that are utilized by T&L companies globally in AWS Marketplace, a curated digital catalog that customers can use to find, buy, deploy, and manage third-party software, data, and services to build solutions and run their businesses. Additionally, HERE will work with AWS to bring to market advanced capabilities for T&L participants to leverage, such as warehouse and yard management, predictive ETA calculations, and CO2 fleet emission solutions. HERE Supply Chain Solutions build on enterprise-grade map content and core location services (APIs for advanced traffic enabled routing, geofencing, geocoding, and mobile SDKs). HERE Supply Chain Solutions connect and integrate data from multiple stakeholders in the transportation ecosystem to optimize planning, prediction of events, shipment ETAs, and location-based analytics. HERE Supply Chain Solutions include: HERE Asset Tracking delivers real-time visibility of asset location and status. HERE leverages a Platform-as-a-Service model to enable businesses to track their assets seamlessly indoor and out. Businesses can reduce time and money spent on missing equipment and focus on optimizing asset utilization and efficiency. HERE Tour Planning creates cost- or time-optimized tours for all vehicles in a fleet, incorporating vehicle type and capacity, to maximize utilization. The calculations reflect current traffic and use special truck-routing attributes, such as road, height, and turn restrictions, when heavy vehicles are used. HERE Last Mile is an end-to-end software-as-a-service (SaaS) application for managing last mile and urban deliveries. It comes with a web-planning dashboard, mobile driver app, and real-time tracking for more accurate ETAs. Customers can easily integrate with their existing order management and Customer Relationship Management systems or use it standalone. "The requirements for efficient tour planning are constantly growing in the transportation industry, corresponding to increased shipment volumes, complex planning processes and a shortage of skilled workers, Using HERE Tour Planning, we have developed a comprehensive application that fully automates the transport planning process, with accurate traffic data, shipment prioritization, and delivery window compliance. This solution allows customers to reduce the time needed to plan hundreds of vehicles' routes from several hours to just a few minutes." -Tobias Braun, IT Project Manager at Active Logistics AWS is supporting HERE’s innovative location-based service applications on AWS to increase visibility across supply chains while tackling some of the largest challenges in T&L globally. The development roadmap includes: Extending asset visibility beyond transportation modes and into the yards and warehouses Enabling tracking beyond containers, pallets, and cages to monitoring the location and status of actual shipments; Increasing the accuracy of predictive arrival and departure times (ETA/ETD) across transportation modes with AI/ML; and Providing services to measure fleet CO2 emissions in compliance with global standards and to conduct what-if scenario planning for fleet transitions to alternative fuels and drive trains. “At the center of supply chain visibility is location intelligence. We have seen now that deep insights on the ‘where’ and ‘when’ dimensions of operations deliver tremendous value, from optimizing inbound and outbound logistics to middle and last mile delivery execution, We are proud to work with AWS on deploying these cost and time saving solutions for companies to minimize dwell times, predict ETAs more accurately across every stage, and begin the crucial step of measuring fleet CO2 emissions as the transition to EV vehicles accelerates and economies decarbonize.” -Edzard Overbeek, CEO at HERE Technologies. T&L companies around the world rely on real-time visibility for customer satisfaction and operational efficiency. When shipments do not arrive on time, or don’t arrive at all, someone’s bottom line is impacted, said Bill Vass, Vice President, AWS Engineering. “The AWS Services for data management and aggregation power HERE Supply Chain Solutions, and are required for the most relevant customer data to be conflated with the latest location intelligence to solve the visibility and predictability problem throughout a supply chain. HERE is a partner to customers across the ecosystem of shippers, 3PL’s, 4PL’s, freight forwarders, and road carriers. Hundreds of companies within the transportation, logistics, and mobility sectors utilize HERE location data, software, and technology to create leading fuel, time, and cost saving applications. By integrating supply chain data and combining it with rich enterprise-grade location data and services, HERE provides meaningful insights for supply chain operators to better optimize their workflows across the entire supply chain, from factory to inside the warehouse and outside on the yard, all the way to the last mile delivery. With data analytics, HERE machine learning algorithms can predict possible disruptions, identify patterns, and prescribe strategies to improve overall supply chain logistics performance. About HERE Technologies HERE, the location data and technology platform, moves people, businesses and cities forward by harnessing the power of location. By leveraging our open platform, we empower our customers to achieve better outcomes - from helping a city manage its infrastructure or a business optimize its assets to guiding drivers to their destination safely. To learn more about HERE, please visit here.com and 360.here.com.

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Spotlight

Logistics Plus Inc. is a strategic partner and investor in Lynx Fulfillment. Combined, the two companies provide end-to-end sourcing, importing, freight forwarding, warehousing, invWaentory management, fulfillment, and delivery services for small and medium businesses, internet retailers, and Amazon sellers.

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