TRANSPORTATION

REV Ambulance Group Company Delivers All-Electric, Zero-Emission Ambulance to DocGo

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.

Spotlight

UPS, FedEx and other carriers spend large sums of money advertising that all of your parcel shipping needs can be satisfied by one vendor. In return for your business, the carrier will provide (at a very low price, or even free) the hardware and software your company needs to automatically create shipments, assign tracking numbers, print labels, and produce the required end-of-day reports. All you need to do is pick, pack, wrap, and have it on your dock. And, by placing all of you
parcel requests with one carrier, it is reasonable to assume that you will be getting the best rate, given your level of volume. How can things get better than that?


Other News
TRANSPORTATION

Real-Time Bus Marketplace CharterUP Launches Corporate Shuttle Service

CharterUP | November 16, 2022

CharterUP, the first fully integrated charter bus marketplace for corporations, consumers and operators, announced today the national rollout of Corporate Shuttles, a new platform for booking and managing day-to-day employee transportation.Corporate Shuttles provides enterprise clients nationwide access to over 500 operating partners on the company’s proprietary, fully integrated technology platform. CharterUP’s tech-enabled white label mobile app allows Fortune 500 corporations to monitor in-depth ridership data, live trip tracking and more, while employees can check available shuttle times, pickup locations, request rides and track shuttles in real-time from their personal mobile device. “Whether it’s daily employee pickup and dropoff, recurring off-site meeting transport or routine shuttles between offices, there is a massive need for safe, reliable and dependable movement of employee talent across this country, The Corporate Shuttle program allows enterprise customers the ability to conveniently move their teams safely, on-time, within budget and at scale via our national network of charter bus operators.” -Armir Harris, founder and CEO of CharterUP. Companies currently engaging CharterUP to manage their daily corporate shuttle needs include Hilton, Hyatt, Sysco, H-E-B, Texas Instruments and more. "It's imperative for our team to have safe, yet dependable ways to move our employees to and from various hotel sites. Hyatt Regency Lake Tahoe relies on CharterUP's custom transportation solution to shuttle employees to multiple locations,” “CharterUP's technology platform optimizes shuttle routes to reduce the number of vehicles needed to service our needs which reduces transportation costs, and ultimately ensures our employees’ needs are taken care of.” -Colin Miller, Colleague Experience Manager at Hyatt Regency Lake Tahoe Resort Since its founding in 2018, CharterUP has experienced over 100% annual growth and recently surpassed an annual revenue run rate of $150 million in 2022. In October, the company announced it raised a $60 million Series A led by Tritium Partners, an investment firm specializing in online marketplaces, logistics and software companies with exceptional growth potential. Leveraging technology to disrupt the massive and highly fragmented $15 billion domestic charter bus industry, CharterUP provides real-time data on all charter services, featuring quotes for custom itineraries, embedded payment capabilities, live trip tracking and more. About CharterUP CharterUP is the first fully integrated marketplace for bus charters in the U.S. Built for corporations, individual users and operators, its platform removes the friction from reserving private group transportation by instantly connecting bookers to a virtual fleet of local bus operators. Its platform features a suite of capabilities that includes instant booking, real-time availability & tracking, and dynamic pricing, via self-serve technology. Combined with its growing virtual fleet of over 3,000 fully integrated charters, CharterUP delivers unmatched accessibility, accountability and transparency never seen before in the charter bus space. Founded by long-time charter bus entrepreneur Armir Harris in 2018, CharterUP is headquartered in Atlanta and works with operators in dozens of local markets throughout the country. For more information, visit charterup.com.

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SUPPLY CHAIN

Pivotree and GreyOrange Announce Strategic Partnership to Transform Supply Chain Capabilities

Pivotree Inc. | November 14, 2022

Pivotree Inc. (TSXV: PVT), a leading provider of frictionless commerce solutions, and GreyOrange Inc., a global leader in automated robotic fulfillment and optimization software, today announced a new partnership to offer comprehensive fulfillment capabilities within warehouses and distribution centers. This joint offering from Pivotree and GreyOrange will deliver a competitive edge for customers increasing visibility, accuracy, and cost efficiency.GreyOrange's fulfillment orchestration platform, GreyMatter™, maximizes productivity, speed, accuracy, and safety in warehouse operations by assigning work activities to diverse fleets of robots. Paired with Pivotree™ WMS, this new offering helps customers scale warehouse operations by reducing costs and improving order fulfillment through inventory accuracy and increased operations performance visibility. "Partnering with innovative companies such as Pivotree is a top priority for GreyOrange as we expand our reach within fulfillment and inventory optimization, Pivotree's use of AI in warehouse management software and integrated architecture provides confidence that this partnership will help joint customers produce high yield fulfillment and future scalability." -Jason Brewer, Director of Strategic Alliances, GreyOrange Pivotree™ WMS is a feature-rich platform that supports multiple brands and warehouses with complex and varied business processes on a single, shared SaaS infrastructure. GreyMatterTM is a robot agnostic fulfillment orchestration platform that utilizes real-time data and machine learning insights to orchestrate fulfillment operations for the most efficient movement of inventory in a fully integrated, end-to-end solution. "This partnership is an example of how next-level innovation companies connect to provide the best fulfillment services using AI and robotics along with WMS and OMS offerings,We look forward to working with GreyOrange to ensure our joint customers are set up for continued growth." -Jim Brochu, General Manager of Supply Chain, Pivotree. Pivotree's portfolio of digital products, as well as managed and professional services helps provide B2B2C digital businesses with true end-to-end service to manage complex digital commerce platforms, along with ongoing support from strategic planning through product selection, deployment, and hosting, to data and supply chain management. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. About Pivotree Pivotree, a leader in frictionless commerce, designs, builds and manages digital platforms in Commerce, Data Management, and Supply Chain for over 250 major retail and branded manufacturers globally. Pivotree's portfolio of digital solutions, managed and professional services help provide retailers with true end-to-end solutions to manage complex digital commerce platforms, along with ongoing support from strategic planning through platform selection, deployment, and hosting, to data and supply chain management. Headquartered in Toronto, Canada with offices and customers in the Americas, EMEA, and APAC, Pivotree is widely recognized as a high-growth company and industry leader. For more information, visit www.pivotree.com. About GreyOrange Disrupting and re-defining fulfillment, GreyOrange Inc. provides a state-of-the-art hardware agnostic fulfillment orchestration platform, GreyMatter™, that responds to customer orders in real time as well as proprietary and certified third-party hardware. The company's solutions offer a competitive advantage by increasing productivity, empowering growth, and scale, mitigating labor challenges, and reducing risk and time to market while also creating better experiences for customers and employees. Founded in 2012, GreyOrange is headquartered in Atlanta, Georgia, and employs over 800 people with offices and partners across the Americas, Europe, and Asia. For more information, visit www.greyorange.com.

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TRANSPORTATION

Alterna Equity Partners Announces Acquisition of Bulk Express Transport

Bulk Express Transport | December 15, 2022

Alterna Equity Partners (“AEP”), a South Florida-based lower middle-market private equity firm, announced that it has completed the acquisition of the Bulk Express family of companies, comprised of Bulk Express Transport, Soil Tech Distributors, M3 Transport and Inter City Disposal (“Bulk” or the “Company”). The Company, headquartered in Miami, is a leading professional transportation and logistics services company providing long-haul transportation, collection, and loading of waste and other materials. For over 30 years, the Company has provided long-haul transportation services for municipal solid waste, recyclables, aggregates, construction & demolition debris, contaminated soils, ash, sludge and other specialty materials, as well as waste transfer station management, loading and unloading, and on-site landfill services. Bulk’s largest line of business is servicing major waste transfer stations by transporting various waste streams to landfills, waste-to-energy plants and recycling facilities, in addition to providing loading and unloading services. Customers include integrated waste services companies, environmental services companies, recyclers, manufacturing companies and municipalities. Bulk is Florida’s largest provider of long-distance waste hauling and operates a significant fleet comprised of tractors and trailers, dump trucks, tipper trailers, loaders, excavators, pneumatic tankers and roll-off trucks. Today, the Company serves its customers across its four operational hubs in Miami, Tampa, Orlando and Brooksville, FL. AEP is partnering with key members of Bulk’s management team on the transaction as well as established industry veterans, Steve Worster and Vince Cornell. “We are excited to back a talented team at Bulk Express and look forward to continuing to expand upon the Company’s market-leading position and quality service offering provided to customers,” Rob Konrad, Managing Partner at AEP. “this new partnership opportunity with AEP will allow the Company to lead our market in making advancements toward reducing landfill input while also reducing carbon emissions. This segment of the market is in need of enhanced efforts to modernize and promote environmental sustainability in order to keep pace with the expectations of our customers and investors. AEP is committed to partnering with us in this effort.” Jack Montero, President of the Company and based in its Tampa location, stated, “I am excited about the opportunities presented by the new partnership and firmly believe that we are well-positioned for significant continued growth as the Company seeks new markets and opportunities.” -Incoming CEO, Steve Worster Greenberg Traurig acted as legal advisor to AEP, and Truist Bank and Cadence Bank provided financing for the transaction. Financial terms of the transaction were not disclosed. About Bulk Express Transport Founded in 1992, Bulk Express Transport is a leading professional transportation and logistics company providing long-haul transportation, collection, and loading of waste and other materials across the state of Florida. The Company’s core service offering includes long-haul transportation services for municipal solid waste, recyclables, aggregates, construction & demolition debris, contaminated soils, ash, sludge and other specialty materials, as well as waste transfer station management, loading and unloading, and on-site landfill services. Bulk’s largest line of business is servicing major waste transfer stations by transporting various waste streams to landfills, waste-to-energy plants and recycling facilities, in addition to providing loading and unloading services. Customers include integrated waste services companies, environmental services companies, recyclers, manufacturing companies and municipalities. The Company is headquartered in Miami, FL, with operational hubs in Miami, Tampa, Orlando and Brooksville. The Bulk Express family of companies is comprised of Bulk Express Transport, Soil Tech Distributors, M3 Transport and Inter City Disposal. For additional information, please visit www.bulkexpress.com. About Alterna Equity Partners Alterna Equity Partners is a private equity firm based in South Florida focused on making control and non-control investments in lower middle market U.S. companies. We seek stable, established companies and back strong management teams that are poised for growth. Our differentiated strategy is centered on the long-standing focus on founder- or family-owned mid-size businesses and a deep understanding and appreciation of the unique challenges and opportunities such businesses present. To learn more, please visit www.alternaequitypartners.com.

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OPERATIONS

Stonepeak and Spirit Super to Acquire Australia’s GeelongPort

Stonepeak | November 21, 2022

Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Spirit Super, an Australian industry super fund, announced the signing of a definitive agreement to acquire 100% of Australia’s GeelongPort Pty Limited (“GeelongPort”). GeelongPort is Victoria’s second largest port located approximately 75 kilometers southwest of Melbourne within Victoria’s largest regional city, Geelong. Under the terms of the agreement, Stonepeak, on behalf of its managed funds and accounts, will hold a majority 70% interest in the entity and Spirit Super will have a 30% stake. GeelongPort is a diversified landlord port and a major driver of Victoria’s economy, managing over A$7 billion of trade and supporting more than 1,800 jobs across the state. We believe the location of GeelongPort makes it of high strategic significance, as it provides easy access to logistics routes for trade through critical road, rail, air, and channel connections for Geelong and south-west Victoria’s supply chains. Stonepeak and Spirit Super’s long-term investment horizon and strong focus on operations will, in our view, support GeelongPort in its continued efforts to grow and deepen relationships with key customers and business partners. For over 150 years, GeelongPort has played a fundamental role in the Victorian economy with operations underpinned by long-dated, blue-chip public and private contracts, including the Spirit of Tasmania operated by TT Line. GeelongPort comprises 15 berths over two primary precincts, Corio Quay and Lascelles Wharf, providing land, infrastructure, and services to facilitate trade for some of Victoria’s largest businesses. GeelongPort handles close to 12 million tonnes of cargo and more than 600 vessel visits each year. “As a high-quality landlord port with operations that are critical to Australia’s economy, GeelongPort is a natural fit for Stonepeak’s core infrastructure strategy, It is a highly contracted entity with strong barriers to entry and stable and predictable demand drivers, which we believe are even more compelling when coupled with the port’s meaningful opportunities for long-term growth through additional development to meet future import-export demand in the region. We look forward to working closely with the GeelongPort team to help further their objectives and invest behind this integral component of the Victorian economy.” -Darren Keogh, Senior Managing Director at Stonepeak. We are excited for what our investment will mean for the long-term growth of GeelongPort and pleased that members will now own a direct stake in one of Australia's largest regional infrastructure assets, said Ross Barry, Chief Investment Officer at Spirit Super. As the fund for hard working Australians, a key investment focus for the fund has been regional Australia, where we believe there is strong potential for long-term growth. About Stonepeak Stonepeak is a leading alternative investment firm specialising in infrastructure and real assets with approximately US$51.7 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, and to have a positive impact on the communities in which it operates. Stonepeak sponsors investment vehicles focused on private equity and credit. The firm provides capital, operational support, and committed partnership to sustainably grow investments in its target sectors, which include communications, energy transition, transport and logistics, and social infrastructure. Stonepeak is headquartered in New York with offices in Austin, Hong Kong, Houston, London, and Sydney. For more information, please visit www.stonepeak.com. About Spirit Super Spirit Super was established in 2021 through the merger of Tasplan and MTAA Super. As an industry fund for hard working Australians, they are focused on growing membership in rural and regional Australia. Spirit Super has over 324,000 members and $25 billion in funds under management.

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Spotlight

UPS, FedEx and other carriers spend large sums of money advertising that all of your parcel shipping needs can be satisfied by one vendor. In return for your business, the carrier will provide (at a very low price, or even free) the hardware and software your company needs to automatically create shipments, assign tracking numbers, print labels, and produce the required end-of-day reports. All you need to do is pick, pack, wrap, and have it on your dock. And, by placing all of you
parcel requests with one carrier, it is reasonable to assume that you will be getting the best rate, given your level of volume. How can things get better than that?

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