Heartland Express, Inc. Reports Revenues and Earnings for the First Quarter Ended March 31, 2016

Heartland Express, Inc. | April 26, 2016

Heartland Express Chief Executive Officer Michael Gerdin, commented on the quarterly operating results and ongoing initiatives of the Company, "During the first quarter of 2016 we continued to make progress toward our goal to improve our operating efficiency as measured by our adjusted operating ratio. During the first quarter of 2016 we took another step towards a return to a low 80's adjusted operating ratio. We were able to achieve this despite weaker freight volumes and more downward pressure on freight rates in 2016 compared to the first quarters of 2015 and 2014. Excluding gains on disposals of property and equipment, which tend to be volatile based on timing of fleet upgrades, we have now delivered three years of sequential first quarter improvements in our operating ratio. These continued improvements lead to another quarter of solid cash flows from operations, which allowed us to increase our cash reserves.

Spotlight

Swift Transportation is a Phoenix, Arizona-based American truckload motor shipping carrier, part of Knight-Swift. With over 23,000 trucks, it is the largest common carrier in the United States.


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LOGISTICS

Shipwell Partners with NMB Solutions Inc. to Provide Certified, Robust TMS Solution for the Microsoft Dynamics 365 Community

Shipwell | September 16, 2022

Shipwell, an industry-leader in cloud-based shipping and logistics, and NMB Solutions Inc., which provides a Microsoft-certified D365 Gateway for multi-modal transportation, parcel shipping and compliance solutions for Microsoft Dynamics 365 (D365), today announced their partnership, bringing Shipwell’s modern, best-in-class Transportation Management System (TMS) to the Microsoft D365 community.Now, more than ever, industries across various sectors are demanding significant efficiency gains and looking to reduce transportation and supply chain-related costs. By integrating Shipwell’s powerful, modern TMS with NMB’s Microsoft-Certified Gateway for D365 Finance and Operations module, this partnership paves a way for state-of-the-art, cloud-native solutions to automate, optimize and streamline customers’ supply chains. Born from the recognition that supply chains must evolve to match the needs of a changing industry, Shipwell’s technology creates a better experience for businesses and customers. From instantly uncovering greater efficiency and cost savings in shipping options to automated disruption monitoring and management, Shipwell’s centralized solution transforms supply chains to be responsive and streamlined. NMB Solutions has been an innovator in the Microsoft community for 15+years, and has been hyper-focused over the last several years on providing mission-critical and purpose-built solutions for the Microsoft D365 community. “This partnership is a natural fit for both companies, Shipwell’s TMS solution slides right into the wheelhouse of the majority of North American D365 Finance and Supply Chain customers. It is affordable, robust and scalable. D365 customers needing modern-day TMS capabilities will be amazed by what they can achieve with this solution.” -Chris Morgan, president of NMB Solutions. Shipwell’s robust, reputable, Gartner-recognized TMS platform integrates seamlessly with existing business applications, partners and workflows, reducing implementation time for go live in as little as 8-10 weeks. The solution not only minimizes customers’ IT and integration resource requirements but also maximizes savings and value. We are excited about the opportunity to bring D365 ERP connectivity and experience to the Shipwell network with NMB Solutions,said Greg Price, CEO of Shipwell. “NMB is an expert in D365 and supply chain, and they bring a wealth of knowledge and capabilities to this partnership and to the Microsoft community. NMB’s Gateway for TMS is a game changer, and combined with Shipwell’s modern-day TMS, the Microsoft D365 community will now have the ability to deploy best-in-class, certified solutions for transportation management and real-time visibility – resulting in significant efficiencies, savings and continuous improvements. Backed by AI and machine learning capabilities, Shipwell’s data-driven technology provides automation, comprehensive tracking, exception management and advanced analytics at every point in the supply chain, allowing customers to proactively address delays and reduce spend. To learn more about this partnership, visit the NMB booth and product showcase at the upcoming D365 Community Summit in Orlando. About Shipwell In a world where shipping expectations and complexity are greater than ever, Shipwell is on a mission to empower supply chain efficiency at scale across every company size, stage, and industry. Supply chain solutions today are highly disconnected, rigid, and difficult to use, but Shipwell is disrupting the status quo. Our solution combines everything our customers need in a comprehensive platform that adapts as the market and business demands change, so they can effectively manage the entire process in one place and never have to rip and replace. Shipwell is proud to be recognized by industry experts as a leader in shipping and logistics, including Gartner Magic Quadrant for TMS, Forbes 2020 Next Billion-Dollar Startup, and was named fourth fastest-growing company in North America on the 2021 Deloitte Technology Fast 500. To learn more, visit www.shipwell.com. About NMB Solutions Inc. NMB Solutions is a Microsoft Gold Business Applications Partner. The company was founded in 1999 as a VAR and implementer of Axapta, which would go on to become Microsoft Dynamics AX. In 2013, NMB transitioned to an ISV, solely focused on delivering third-party parcel shipping and LTL solutions for Dynamics AX. Today, NMB has customers across the globe in many different industries. To learn more, visit: www.nmbsolutions.ca, or visit our booth #814 at NA Community summit 2022.

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SUPPLY CHAIN

Trellix Launches Advanced Research Center, Finds Estimated 350K Open-Source Projects at Risk to Supply Chain Vulnerability

Trellix | September 22, 2022

Trellix, the cybersecurity company delivering the future of extended detection and response (XDR), announced the establishment of the Trellix Advanced Research Center to advance global threat intelligence. Comprised of hundreds of the world’s most elite security analysts and researchers, the Advanced Research Center produces actionable real-time intelligence and threat indicators to help customers detect, respond and remediate the latest cybersecurity threats. “The threat landscape is scaling in sophistication and potential for impact We do this work to make our digital and physical worlds safer for everyone. With adversaries strategically investing in talent and technical know-how, the industry has a duty to study the most combative actors and their methods to innovate at a faster rate.” -Aparna Rayasam, Chief Product Officer, Trellix Trellix Advanced Research Center has the cybersecurity industry’s most comprehensive charter and is at the forefront of emerging methods, trends and actors across the threat landscape. The premier partner of security operations teams across the globe, Trellix Advanced Research Center provides intelligence and cutting-edge content to security analysts while powering our leading XDR platform. Python Tarfile Vulnerability Highlights Software Supply Chain Complexities In coordination with today’s launch, Trellix Advanced Research Center also published its research into CVE-2007-4559, a vulnerability estimated to be present in over 350,000 open-source projects and prevalent in closed-source projects. It exists in the Python tarfile module which is a default module in any project using Python and is found extensively in frameworks created by Netflix, AWS, Intel, Facebook, Google, and applications used for machine learning, automation and docker containerization. The vulnerability can be exploited by uploading a malicious file generated with two or three lines of simple code and allows attackers arbitrary code execution, or control of a target device. “When we talk about supply chain threats, we typically refer to cyber-attacks like the SolarWinds incident, however building on top of weak code-foundations can have an equally severe impact This vulnerability’s pervasiveness is furthered by industry tutorials and online materials propagating its incorrect usage. It’s critical for developers to be educated on all layers of the technology stack to properly prevent the reintroduction of past attack surfaces.” -Christiaan Beek, Head of Adversarial & Vulnerability Research, Trellix. Open-source developer tools, like Python, are necessary to advance computing and innovation, and protection from known vulnerabilities requires industry collaboration. Trellix is working to push code via GitHub pull request to protect open-source projects from the vulnerability. A free tool for developers to check if their applications are vulnerable is available on Trellix Advanced Research Center’s GitHub. About Trellix Trellix is a global company redefining the future of cybersecurity and soulful work. The company’s open and native extended detection and response (XDR) platform helps organizations confronted by today’s most advanced threats gain confidence in the protection and resilience of their operations. Trellix, along with an extensive partner ecosystem, accelerates technology innovation through machine learning and automation to empower over 40,000 business and government customers with living security. More at https://trellix.com. About Trellix Advanced Research Center Trellix Advanced Research Center brings together an elite team of security professionals and researchers to produce insightful and actionable real-time intelligence to propel customer outcomes and the industry at large. Driven by the industry’s most comprehensive charter, our skilled researchers detect trends ahead of the market to empower our customers and partners to solve for emerging threats. More at https://www.trellix.com/en-us/threat-center.html.

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SOFTWARE AND TECHNOLOGY

Rockwell Automation Study Finds Traceability, Serialization Key Initiatives in APAC Corporate Supply Chain Strategies

Rockwell Automation | August 16, 2022

Rockwell Automation, the world's largest company dedicated to industrial automation and digital transformation, finds that digital transformation, sustainability initiatives, and customer experience (CX) improvements are among the top priorities driving the development of new corporate supply chain strategies, according to a new study conducted by Forrester Consulting. The study, Increase Brand Loyalty and Generate ROI with Improved Traceability, was commissioned by Rockwell Automation to understand the degree to which environmental, social, and governance (ESG) commitments, external regulatory demands, and brand reputation drive private-sector interest in supply chain traceability solutions. According to the survey, Asia-Pacific companies (62%) are most focused on the digital transformation of their supply chain, and 59% said their company wants to implement or improve sustainability initiatives. While compliance remains a key driver of new investments in supply chain management, demands related to sustainability and customer experience have propelled these strategic shifts. In fact, 57% of supply chain decision makers have already implemented or are expanding initiatives that will reduce waste within their supply chain. Forrester Consulting's research on behalf of Rockwell Automation is based on a January 2022 survey of 307 global supply chain decision makers about their use of or interest in traceability and serialization solutions to optimize their supply chain. To download a copy of the full report, click here. "While companies are already seeing some success from serialization initiatives, those that invest in more comprehensive traceability solutions often see improved data ownership, cost savings from reduced counterfeiting and grey market diversion, and higher customer satisfaction," -Christine Akselsen, CEO of Kezzler. Rockwell Automation's supply chain capabilities combined with Kezzler's cloud-based traceability technologies help customers connect suppliers, manufacturing, logistics, and consumers into one real-time traceability platform. Rockwell and Kezzler have already created traceability solutions for customers like FrieslandCampina, one of the world's largest dairy companies. About Rockwell Automation Rockwell Automation, Inc. (NYSE: ROK) is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 25,000 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise® to life across industrial enterprises, visit www.rockwellautomation.com

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TRANSPORTATION

Eaton’s Royal Power Solutions to display commercial vehicle terminals and connectors portfolio at IAA Transportation show

Eaton | September 14, 2022

Power management company Eaton announced Royal Power Solutions (RPS), a leading provider of high-precision electrical connectivity components that it acquired earlier this year, is now providing its industry-leading components to commercial vehicle manufacturers. RPS components will be displayed Sept. 20-25 in Eaton’s exhibit at the IAA Transportation show in Hannover, Germany.RPS, established in 1938, is a global leader in the development and production of critical high-precision power- and signal-distribution terminals and connectors. Eaton is utilizing RPS products in its eMobility business and expanding its global market opportunities, including in Europe, Middle East and Africa (EMEA). “Eaton’s global footprint and diversification have broadened Royal Power Solutions’ reach and ability to grow in EMEA, The market for terminals and connectors in EMEA continues to expand in parallel with electrification solutions, which are being increasingly adopted by our commercial vehicle customers.” -Tom Ross, president, Eaton’s Royal Power Solutions. Electrified commercial vehicles need more power than traditional passenger vehicles to operate varying systems. RPS, recognized for its numerous industry-leading electrical solutions, provides terminals, connectors and other electrical components designed to handle current levels up to 500 amps. Among those components are stamped battery and eyelet terminals that can withstand vibration and harsh environments, making them ideal for commercial vehicles. High Power Lock Box connectors provide protection, superior performance Eaton’s RPS specialized High Power Lock Box (HPLB) power connectors are ideal for current electrified commercial vehicle solutions and can help reduce common warranty issues. The HPLB connectors offer superior performance, cost savings and reduced manufacturing complexity. They also provide efficiency and reliability and are strong enough to withstand high-pressure water spray. HPLB terminals are a “plug-in” solution with a smaller footprint, resulting in less weight and a reduced profile compared to traditional terminals. Eaton’s RPS uses a progressive stamping process to manufacture the HPLB profiles rather than the more costly complex billet machining, stamping and forming process that competitive products require. Unlike traditional male-to-female terminal connections, Eaton’s RPS HPLB terminals use a unique inverted contact system that provides improved contact force as the temperature increases, creating a stronger connection. RPS busbars feature low profile, flexibility to meet design requirements Another RPS component now available to Eaton’s EMEA commercial vehicle customers is RigiFlexTM busbars, manufactured in copper or aluminum based on customer requirements. With a unique, simple, single-piece flow manufacturing process, Eaton can scale volume to meet any customer specification. The RigiFlex busbar is rigid in some areas but flexible in sections that require elevation changes within the system design. This flexibility also works well across the battery pack in areas that need tolerance for expansion and contraction due to fluctuating temperatures during charging and discharging cycles. Eaton’s RPS busbars have a low profile to enable space-efficient design without heat sinks, which leads to weight savings. Eaton also can produce busbars with a level of flatness over length unmatched by competitors, which fulfills size and design requirements. Eaton’s RPS can leverage an automated assembly process to provide superior safety, reduce production time and offer maximum cost savings with little wasted material and nearly zero development time for production products. Eyelet terminals sealed, protected against galvanic corrosion Eaton’s eyelet terminals, another RPS solution, are crafted with sophisticated engineering and produced in our state-of-the-art stamping facilities. Sourcing eyelet terminals from RPS provides numerous benefits, including the ability to produce billions of parts annually for the single sourcing of large programs. Traditionally, eyelet terminals in commercial vehicle electrical components are not sealed, exposing them to road spray and salt that accelerate galvanic corrosion. Eaton’s eyelet terminals from RPS provide fully sealed connectors that are resistant to severe vibration and deliver a component service life exceeding customer requirements. RPS has decades of design, manufacturing and stamping experience that is being leveraged in the introduction of new energy-transfer technologies,” Ross said. “Many of the components RPS supplies, including eyelets, busbars, High Power Lock Box terminals and full-service connectors, are essential in today’s commercial vehicles. Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. Eaton is guided by its commitment to do business right, operate sustainably, and to help its customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, Eaton is accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for its stakeholders and all of society. Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries. For more information, visit www.eaton.com. Follow us on Twitter and LinkedIn

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