DDC FPO Releases Report Analyzing Pandemic Impact on Transportation and Logistics

DDC FPO | July 08, 2020

DDC FPO of The DDC Group has released a new report showcasing the findings of its recently conducted market research study, which investigated the changes in business priorities and operational spending throughout the freight landscape in response to the novel coronavirus pandemic ("COVID-19"). The data featured in this comprehensive report, Adapting to a Pandemic: Freight Market Budget & Priority Shifts In 2020, was compiled from an industry survey responded to by executives and decision makers who preside over and represent manufacturers, warehousing and distribution centers, motor carriers, 3PLs or brokers, and freight technology providers. Over three-fourths (76.4%) of respondents have significantly shifted their planned spending activity for 2020 from their initial budgets due to the pandemic's impact on the supply chain. The report identifies the trending areas of impact within organizations, the degree of disruption, and to what initiatives dollars are being reallocated.

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TRANSPORTATION

Penske Adds Ford E-Transit Cargo Vans to its Rental and Leasing Fleet

Penske | April 19, 2022

Penske Truck Leasing today announced it has ordered 750 all-electric Ford E-Transit cargo vans. The company is taking delivery of its first several vehicles in the next several weeks. The move follows successfully piloting the vehicles late last year.We're excited to help bring these new vehicles to market as both a rental and full-service lease option for our customers," said Art Vallely, president of Penske Truck Leasing. "We continue to expand and diversify our fleet of electric vehicles and to offer new options for customers seeking more sustainable choices when it comes to transportation. Penske's first Ford E-Transit vehicles will be made available in Southern California with other locations around the U.S. phased in later in the year. These are the first light-duty electric trucks to be made available in Penske's rental and leasing fleet, as previously announced. Once these Ford E-Transit electric zero tailpipe emission vehicles go into service, they will be made available for both rental and longer-term full-service leasing. Penske's long-term plans include adding more of these units to its wider network of rental and leasing locations across North America. The Ford E-Transit is the first all-electric cargo van from a full-line automaker in North America as the electric version of the Ford Transit. It has an estimated range of 126 miles. Penske Truck Leasing will display the Ford E-Transit and other electric vehicles within its booth at the upcoming Advanced Clean Transportation (ACT) Expo in Long Beach, California. Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. A leading global transportation services provider, Penske Truck Leasing operates more than 372,000 vehicles and serves customers from more than 1,300 locations in North America, South America, Europe, Australia and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit www.pensketruckleasing.com to learn more.

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OPERATIONS

ISG Event Explores Technology and Operating Models Needed to Transform Customer Experience

ISG | June 24, 2022

Consumer-facing businesses need to invest in technology and new operating models aimed at creating hyper-personalized, friction-free customer experiences, say experts with Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, appearing at the upcoming ISG TechXchange: Consumer Services event.The full-day event, July 13 at etc.Venues in New York, will examine the shifts in technology, data analysis, operating models, security and sustainability companies in the consumer products and services, retail, logistics, and travel and hospitality industries must accomplish to deliver the experiences their customers expect – and that will define success for years to come. “The customer experience is front and center and will stay that way for the foreseeable future,” said John Westfield, partner and practice lead, ISG Consumer Services, and host of the event. “Consumers have high expectations for a hyper-personalized, meaningful, friction-free journey for in-store, online and mobile shopping, and enterprises are working to modernize decades-old legacy platforms to deliver instantaneous, relevant experiences.” The multi-dimensional impact of creating meaningful, hyper-personalized customer experiences in the face of legacy enterprise IT landscapes will be addressed by Clare Megathlin, managing director of software engineering for Alaska Airlines, in a panel discussion, “Shedding Legacy and Modernizing with Innovative Technologies,” Pratibha Salwan, director and leader, ISG Travel, Transportation, Hospitality, Leisure and Logistics. In a separate panel discussion, “Leveraging Data for Smarter Insights,” Gaurav Bhatia, chief marketing officer for credit union PenFed, and Sunder Pillai, director and lead, ISG Retail and CPG, will discuss how brands are leveraging data from consumers, suppliers and retailers to design better products and services and create stronger brand loyalty. The featured presentation, “Becoming an Elite Performer: How to Supercharge Your Development Teams in a Cloud-Native World,” delivered by Jennifer Galvin, head of technology alliances for OutSystems, a platform provider of omnichannel applications, will explore a high-performance, low-code development approach to creating software for a continuously evolving world. As enterprises increasingly look for business value from data monetization, Sahil Sabharwal, vice president of enterprise data platforms for American Express, and Ranjan Roy, vice president of strategy for clothing manufacturer Adore Me, will discuss the data science, artificial intelligence and digital automation innovations – and cultural changes – that are fueling such initiatives, as part of a panel discussion, “Innovations@Scale.” A successful customer journey is dependent on an enterprise’s ability to produce and analyze data at scale,” Westfield said. “Relevant, contextual data must flow through the entire business ecosystem. This can only be achieved by investing in analytics technology, coupled with continuous training and investment in people to develop analytical, technical, functional and even behavioral skills. During the event, ISG experts will present insights on topics ranging from the 360-degree customer view, to personalization, the metaverse, virtual innovations, and building sustainability, technology and innovation into the customer experience. The ISG TechXchange: Consumer Services event is sponsored by Cognizant, Mindtree, OutSystems, Tata Consultancy Services, Zensar, Allganize, Tiger Analytics and UiPath. CIOInsights, CIOReview, Retail Tech Insights, RetailWire, The Technology Business Management (TBM) Council and The AI Journal are media sponsors. Additional information and event registration are available on the event website. About ISG ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

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SOFTWARE AND TECHNOLOGY

Cintra and Assembly Intelligence Partner to Focus on Smart Transportation Infrastructure

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.

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FREIGHT

Sleek Technologies and Propero Consulting Automate Freight Procurement for Oracle Transportation Management (OTM) Users

Sleek Technologies | June 23, 2022

Sleek Technologies, the leader in freight procurement automation, announced its strategic partnership with Propero Consulting. Propero, an Oracle Partner, designs and implements innovative supply chain solutions that improve operational efficiencies. Together, Sleek and Propero will help OTM customers uncover resilience, sustainability, and cost reduction opportunities related to transportation management. “This strategic alliance supports our push towards freight procurement automation, OTM users will now have the ability to dynamically source compliant carriers through an AI-powered, self-regulated freight marketplace that eliminates waste such as brokers and RFPs.” -Mike Nervick, CEO of Sleek Technologies. Sleek Technologies uses proprietary AI and machine learning algorithms to dynamically match shipper loads to compliant carriers at the right time, location, and market price. Data seamlessly flows between Sleek and OTM, so customers gain a complete snapshot of truckload activity for stronger, data-driven decision making. ”Over the last 24 months, many shippers have identified the need to automate important supply chain processes and improve overall carrier capacity, Transportation management remains at the top of the list. This automated solution we’ve developed for OTM with Sleek turns the static freight procurement process into a dynamic real-time process, reducing truckload cost while improving on time delivery.” -Mauricio Ramirez, Managing Director of Propero Consulting. With a heightened focus on digital transformation, and a need to remain resilient especially during times of unknowns, innovative shippers have realized the old, antiquated way to procure freight no longer works. From dealing with outdated fixed pricing to waiting hours on load acceptance, freight procurement has been in desperate need of a revamp for decades. And innovative technology is proving to help overcome these long standing operational hurdles. About Propero Propero Consulting is an Oracle Partner that specializes in Oracle Supply Chain Applications such as Oracle Transportation Management (OTM), Global Trade Management (GTM), and Oracle Warehouse Management (WMS). Our mission is to deliver tangible value to our clients through best-in-breed supply chain solutions and best-in-class service. To learn more please visit our website. About Sleek Technologies: Sleek Technologies is the market leader in freight procurement automation. With AI-powered technology and 100% data transparency, Sleek Technologies uncovers resilience, sustainability, and cost-reduction opportunities that empower customers to always deliver products on time, at fair market cost. To join other shippers who have automated freight procurement, please visit the website.

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