Former COO of Elio Motors Launches Car Subscription Service YoYo

prnewswire | June 07, 2016

Elio Motors, Inc. (OTCQX: ELIO), the start-up vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg with a targeted base price of $6,800, today announced that Hari Iyer, Chief Operating Officer, will take the role of CEO with YoYo (http://joinyoyo.com), a pay-per-mile, on-demand car subscription service he helped found.Iyer will remain on Elio Motors' Board of Directors and will remain a strategic advisor to founder and CEO Paul Elio, for the company's Advanced Technology Vehicle Manufacturing (ATVM) loan program application.  His day-to-day role with Elio Motors ended May 31.

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DHL’s Consolidation Centre aims to significantly reduce the number of delivery vehicles in London by working with the capital’s businesses and logistics providers. Working together, we can offer your business financial, productivity and environmental benefits – creating a sustainable movement that will ensure London remains the best place in the world to live and do business in.


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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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SUPPLY CHAIN

Mandiant and Interos Join Forces to Advance Supply Chain Cyber Risk Management

Mandiant, Inc | June 02, 2022

Mandiant, Inc. (NASDAQ: MNDT) and Interos, the fast-growing operational resilience company, announced a strategic partnership to provide advanced insights and analysis to help enterprises defend against cyber attacks and other threats to their operational resilience. The collaborative partnership is designed to bring to market new intelligence based on insights gleaned from the Interos Resilience Lab, as well as Interos’ SaaS platform, and the frontline investigations and remediations Mandiant conducts regarding high impact cyber attacks worldwideMandiant M-Trends 2022 report shows that global supply chains remain an attractive target for threat actors who seek to take advantage of trusted business-to-business relationships, as attacking the supply chain provides an opportunity to pivot from one supplier network into multiple customer networks at once. In fact, when the initial infection vector was identified, supply chain compromise accounted for 17% of intrusions investigated by Mandiant in 2021, compared to less than 1% in 2020. Further, new data from Interos’ 2022 Annual Global Supply Chain Report reveals that organizations have been impacted by on average three significant supply chain disruptions within the last 12 months (not including the Ukraine war) – costing a combined $182 million in lost revenue. Cyber attacks account for $37 million of that figure. Additionally, the overwhelming majority (91%) of executives reported that their organizations had experienced supply chain disruptions from Tier 2 and Tier 3 suppliers in their extended supply chain. “Interos is focused on helping organizations ensure operational resilience; continuously delivering in-depth analysis on criticality for risk, and risk management, Together with Interos, Mandiant will be able to proactively problem solve with a company that is leading the way in ensuring organizations of all sizes understand key attack vectors across supply chain, threat actors and nation state threats.” -Marshall Heilman, Chief Technology Officer, Mandiant The partnership announcement follows a recent alert from the Cybersecurity and Infrastructure Security Agency (CISA) warning of an increase in malicious cyber activity targeting managed service providers (MSPs). The advisory also recommended MSPs to understand and proactively manage their supply chain risk. “The CISA warning is more evidence that existing supply chain risk management systems were not designed for today’s complex risk environment, Our collaboration with Mandiant will provide multi-factor risk intelligence to help commercial and government organizations better protect targeted entities in their third-party relationships to insulate them from disruption, ransomware, and IP theft. We’re proud to partner with Mandiant to help leaders discover hidden business relationships and exposure to cyber vulnerabilities.” -Nishant Gupta, Chief Technology Officer, Interos About Mandiant, Inc. Since 2004, Mandiant has been a trusted partner to security-conscious organizations. Effective security is based on the right combination of expertise, intelligence, and adaptive technology, and the Mandiant Advantage SaaS platform scales decades of frontline experience and industry-leading threat intelligence to deliver a range of dynamic cyber defense solutions. Mandiant’s approach helps organizations develop more effective and efficient cyber security programs and instills confidence in their readiness to defend against and respond to cyber threats. Join the conversation. Follow us on Twitter, LinkedIn, Facebook, and YouTube. Mandiant is a registered trademark of Mandiant, Inc. in the United States and other countries. All other brands, products, or service names are or may be trademarks or service marks of their respective owners. About Interos Interos is the operational resilience company — reinventing how companies manage their supply chains and business relationships — through our breakthrough SaaS platform that uses artificial intelligence to model and transform the ecosystems of complex businesses into a living global map, down to any single supplier, anywhere. The Interos Operational Resilience Cloud helps organizations reduce risk, avoid disruptions, and achieve superior enterprise adaptability. Based in Washington, DC, the fast-growing private company is led by CEO Jennifer Bisceglie and supported by investors Kleiner Perkins, NightDragon, and Venrock. www.interos.ai.

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SOFTWARE AND TECHNOLOGY

ePost Global Expands to Florida

ePost Global | June 16, 2022

ePost Global, a technology-enabled international shipping solutions provider, is excited to announce its expansion to Miami, FL on June 15th, 2022. South Florida will become the company’s Southeast U.S. hub. Led by global logistics experts, ePost has experienced significant growth through cross-border ecommerce trends and recognized the need to better support its existing and potential customers in the Southeast U.S. This facility is further proof of the company’s continued focus on strategic investment needed to support its growing ecommerce customer base.“We are excited to increase our U.S. footprint, says Fabrizio Alvear, EVP of Operations. In an environment where consumers are regularly shopping online, it is important to focus on how we can reduce delivery times, and with this expansion, we can improve our service offering. By opening a presence in South Florida, we are emphasizing the importance of aligning with major international logistics hubs.” ePost Global has a national presence with multiple locations strategically located near international postal facilities and major airports. This expanded Southeast presence complements ePost’s headquarters near Los Angeles, CA, Midwest hub near Chicago, IL and Northeast facility located near the JFK, EWR and LGA international airports. Opening a location in Miami is merely the first step in ePost’s plan to further invest in the region with a focus on recruiting technology and operations talent. “This new location helps us become a better partner for our existing customers and tap into a new pool of ecommerce businesses, With the continued growth of cross-border ecommerce, Miami is a critical hub for international shipping to ensure consumers anywhere in the world can appreciate U.S. consumer brands. The new facility will offer the same innovative, tech-enabled shipping solutions and best-in-class customer service that have become synonymous with the ePost brand.” -Kelly Martinez, EVP of Sales and Marketing. About ePost Global ePost Global delivers cost-effective, global delivery solutions through strategically located processing centers throughout the United States. By combining technology and global logistics expertise, ePost Global optimizes delivery workflows, enhances visibility for all phases of delivery, and simplifies international shipping complexity.

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FREIGHT

TenderEasy, Part of Alpega, Announces Partnership with Upply to Provide Users With Smart Freight Benchmarking Data

TenderEasy | July 12, 2022

TenderEasy, Alpega’s cloud-based freight procurement solution, is glad to announce its latest partnership with Upply, an AI-driven benchmarking provider offering road, sea and air freight data prices across the globe. The partnership delivers live benchmarking data to TenderEasy’s users through full integration of Upply’s data into TenderEasy‘s platform, providing them with the necessary information to understand the current prices in the market, as well as their evolution over time. This gives the customer the possibility and the power to decide when a tender is competitive and what steps to take in the potential negotiation rounds with carriers. “Partnerships and integrations like this one adds value to everyone planning or running a freight RFQ. In such a volatile market, we at TenderEasy want to ensure users have the latest insights to decide if, where and when to run a tender”, -Johan Vagerstam, co-founder of TenderEasy and Director Product Management at Alpega. Partnerships in the digital ecosystems are key to provide cutting-edge software and platforms. Even more in the transportation industries today where prices fluctuate on a weekly basis and capacities are difficult to find and secure. Our partnership with TenderEasy aims at sharing market data and making it available directly to supply chain experts in their procurement solutions for them to take the best decisions.comments Thomas Larrieu, CEO at Upply.

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Spotlight

DHL’s Consolidation Centre aims to significantly reduce the number of delivery vehicles in London by working with the capital’s businesses and logistics providers. Working together, we can offer your business financial, productivity and environmental benefits – creating a sustainable movement that will ensure London remains the best place in the world to live and do business in.

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