Montway Auto | August 02, 2022
The transportation and logistics industry has lagged in the digitalization trend that has modernized other industries. Moving vehicles through the supply chain relies on manual tasks and multiple platforms, offering dealers little sense of where in-transit vehicles are until they arrive at the lot or are checked in at auction. Montway Auto Transport, one of the nation's leading third-party logistics brokerages, launched the Montway Automation Portal (M.A.P.), a digital platform that improves efficiency for both shippers and carriers, enables visibility of inbound and outbound vehicles for better inventory management and helps control or reduce transportation costs.
"The challenges keep mounting for dealerships, auctions, rental car companies and other businesses that rely on vehicle movements and our business customers want innovations to help them gain a competitive advantage,The Montway Automation Portal provides the transparency they need to better manage inventories and increase speed to consumers."
-Mike Trudeau, Executive Vice President of Business Development at Montway Auto Transport.
M.A.P. is built on industry-leading, proprietary technology that leverages market-based pricing and a streamlined transportation management system. Users can enter a VIN or multiple VINs into the portal to receive pricing, book orders and track units in real-time to complete delivery via a user-friendly dashboard. Additionally, M.A.P. offers public tracking links users can share with end customers, on-demand pricing and a centralized location for storing digital records (proof of delivery documents, BOLs, gate passes and photos).
"Digitization is a proven way to transform businesses and auto transport is no exception. M.A.P. was designed to modernize and optimize auto transport from creating orders to providing tracking of units through to delivery,Shippers now have real-time access to their transportation data, allowing them to manage inventory as well as understand and control transportation expenses."
-Kaye Ceille, President, Business Solutions Group at Montway Auto Transport.
For 15 years, Montway has been providing transparency and trust to our customers. This is one more way we deliver for our automotive partners and their customers.
To learn more about Montway Auto Transport and M.A.P., please visit www.montway.com and www.montway.com/map.
About Montway Auto Transport
Founded in 2007, Montway Auto Transport has grown to be the nation's leading automotive transport company supporting vehicle transport to all 50 states including Alaska and Hawaii, as well as Europe – offering extended service hours, 365 days a year. In addition to a retail division serving the privately-owned vehicle market, Montway has a business solutions sector focused on the automotive logistics needs of enterprises in sales, remarketing, manufacturing, moving and relocation, and finance. Montway Auto Transport sets the industry standard for innovative logistics technologies and customer service.
Iteris | August 19, 2022
Iteris, Inc. (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, announced that it has been awarded a sub-contract by the Virginia Department of Transportation (VDOT) for connected and automated vehicle (CAV) related planning services, representing continued demand for Iteris’ specialized consulting services in a key geographic market.The project supports VDOT’s initiative to keep pace with advancements in CAV technologies. The goal is to ensure an efficient transition to future transportation systems management and operations. This is achieved through an understanding of CAV data needs, cybersecurity and privacy risks, technology trends, and the potential for altering the transportation data paradigm.
Under the terms of the sub-contract, Iteris will deliver a CAV data strategic plan to help VDOT gain a high-level understanding of how to integrate CAV data from external sources into VDOT’s information technology (IT) and operations technology (OT) related systems. This will help enhance their business functions, and conversely, by sharing agency-wide business data from their IT- and OT-related systems, help serve CAV data needs and support deployment of CAV applications.
“We are proud to support VDOT’s forward-thinking CAV initiative with what will be the first strategic plan of its kind in the Commonwealth of Virginia, Iteris’ involvement in the growing connectedness of multimodal road users positions us to help communities around the nation prepare for the future, and enhance the value, effectiveness and resilience of their existing transportation infrastructure.”
-Dr. Moe Zarean, general manager, Mobility Operations Services at Iteris.
The project is in line with several CAV deployments Iteris is working on across the U.S. – including oversight of pilot deployments, smart work zones, advanced pedestrian detection and automated commercial vehicle inspections. Iteris also led the development and evolution of the U.S. ITS architecture reference for over three decades, initiating the Connected Vehicle Reference Implementation Architecture in 2012 and continues to support the evolution of the combined ARC-IT for the US Department of Transportation’s Federal Highway Administration.
About Iteris, Inc.
Iteris is the world’s trusted technology ecosystem for smart mobility infrastructure management. Delivered through Iteris’ ClearMobility® Platform, our cloud-enabled end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world, and help bridge legacy technology silos to unlock the future of transportation. That’s why more than 10,000 public agencies and private-sector enterprises focused on mobility rely on Iteris every day. Visit www.iteris.com for more information, and join the conversation on Twitter, LinkedIn and Facebook.
SOFTWARE AND TECHNOLOGY
Gatik and Cummins | August 25, 2022
Gatik announced that it will collaborate with Cummins Inc. to facilitate the integration of Gatik's autonomous driving system with Cummins’ advanced powertrain solution in Gatik’s fleet of medium-duty trucks. Cummins delivers powertrain solutions that provide leading performance and fuel economy through the integration of hardware and software. Gatik is the market leader in autonomous middle mile logistics, and in 2021 launched the world’s first fully driverless commercial delivery service with Walmart.Under the collaboration, Cummins will utilize its suite of advanced software features to integrate its powertrain solution to enable Drive-by-wire (DbW) for Gatik’s industry-first medium-duty (class 6) Isuzu FTR fleet with the Cummins B6.7 engine. The integration of Gatik’s commercial-grade autonomous technology with Cummins’ powertrain increases functional safety and enhances reliability of the autonomous system, while improving fuel efficiency and offering superior vehicle performance on Gatik’s short-haul, B2B delivery routes. Cummins will work closely with Gatik’s engineering team to provide additional technical expertise.
As we commercialize our product offerings at scale across North America, ensuring that we integrate our technology with the world’s leading Tier 1 companies is critical to meeting intensifying demand for our solution safely and quickly,” said Arjun Narang, CTO and co-founder, Gatik. “Cummins’ technological leadership in developing the world’s leading powertrains for over 100 years, and deep commitment to developing customer-centric solutions for the future of logistics mean the tangible benefits of our work together will be felt immediately across our customer base.
“Cummins is excited to integrate its powertrain solution with Gatik’s automated driving system,Cummins powers nearly every type of application globally, so integrating our powertrain with automated driving systems like Gatik’s will allow our customers to choose the newest technologies to meet their needs.”
-Michael Taylor, General Manager Global Powertrain Integration, Cummins Inc.
This announcement comes on the heels of rapid commercial and technical progress at Gatik. Gatik has one of the largest commercially deployed autonomous fleets in North America, operating for Fortune 500 customers across multiple markets including Texas, Arkansas, Louisiana and Ontario, Canada. In the past 12 months, Gatik announced its industry-first partnership with Isuzu to implement OEM-grade redundancies for medium-duty trucks, collaboration with Goodyear to equip its fleet with tire intelligence technology to improve stopping distances and monitor tire pressure in real time for enhanced safety, and a strategic partnership with Ryder to leverage Ryder’s national leasing, servicing and fleet maintenance expertise.
Gatik’s collaboration with Cummins represents a key component of Gatik’s platform-agnostic commercialization strategy, enabling Gatik to seamlessly integrate its autonomous driving system with multiple OEMs, and across a range of vehicle platforms powered by Cummins, further refining a safe, unique, and efficient autonomous solution for the commercial middle mile market.
Gatik, the leader in autonomous middle mile logistics, delivers goods safely and efficiently using its fleet of light and medium duty trucks. The company focuses on short-haul, B2B logistics for Fortune 500 retailers such as Walmart, Loblaw, KBX and Georgia-Pacific, and in 2021 became the first company worldwide to operate fully driverless commercial deliveries on the middle mile. Gatik’s Class 3-6 autonomous box trucks are commercially deployed in multiple markets including Ontario, Texas, Arkansas, and Louisiana. Gatik is backed by Koch Disruptive Technologies, Wittington Ventures, Innovation Endeavors and others, and partners with industry leaders including Ryder, Goodyear, Isuzu and Cummins. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Toronto, Ontario and Mountain View, California. In 2022, Gatik was named to Forbes’ list of America’s Best Startup Employers and by Fast Company as a World Changing Idea. In 2021, Gatik was recognized on the Forbes AI 50 list and as a World Economic Forum Technology Pioneer.
SOFTWARE AND TECHNOLOGY,FREIGHT
Transfix, Inc | August 12, 2022
Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced Tony Tzeng has joined as the company's first-ever Chief Product Officer. He will lead product strategy, execution, and innovation serving shippers and carriers across the Transfix portfolio. Tzeng's expertise is in enterprise AI, and he joins Transfix from UiPath, a leading enterprise automation software vendor, where he served as VP of Product Management for AI products. Prior to that he served as Principal Lead Product Manager at Microsoft.
"When your goal is to revolutionize the supply chain, you need big thinkers, innovators and operators who make it a reality for your customers. Tony is one of those executives who has it all, His experience driving product and platform strategies, coupled with his AI and ML expertise, will help to accelerate our vision of delivering an Intelligent Freight Platform that powers modern, reliable, and resilient supply chain performance at scale"
-Lily Shen, CEO and President of Transfix.
Tzeng brings 20 years of product and strategy development experience. Most recently, at UiPath, he oversaw the full product life cycle from assessing product/market fit to incubation, product vision, roadmap, launch, and acceleration. While leading the product division for AI-driven automations and a Machine Learning operations platform, he launched new products and grew the portfolio to multi-million dollar businesses that are now growth engines and differentiators for UiPath.
At Microsoft, he led the product team developing cloud and AI solutions for next-gen virtual customer service, giving AI bots groundbreaking levels of accessibility. He also incubated enterprise AI solutions as part of AI+ Research, leading product teams that contributed useful features to well-known software like Dynamics 365 and Microsoft Office. Tzeng also held senior-level positions at McKinsey & Company and Deloitte Consulting.
Transfix has all the pieces for an iconic success story– talented and passionate people, outstanding engineering practices, a data-driven product suite, and a winning corporate culture,said Tzeng.I'm proud to be a part of that story, and I look forward to creating a smarter, more sustainable future for freight.
Tzeng earned his Bachelor of Science in Computer Science at Stanford University and his Masters of Business Administration with Honors at The Wharton School of The University of Pennsylvania.
As announced on September 21, 2021, Transfix has entered into a definitive business combination agreement, as subsequently amended, with G Squared Ascend I Inc. ("G Squared Ascend I") (NYSE: GSQD), a special purpose acquisition company sponsored by affiliates of G Squared, that is expected to result in Transfix becoming a publicly listed company. Completion of the business combination is subject to customary closing conditions.
Transfix drives modern supply chain impact at scale with its Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io.
About G Squared
G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. The firm focuses on investments in growth-stage technology companies and has invested in over 100 portfolio companies since it was founded in 2011. The firm's affiliate, G Squared Ascend I Inc. ("G Squared Ascend I"), offers transformative private companies a path to public markets via SPAC. For more information on G Squared and its portfolio, visit: www.gsquared.com. For more information on G Squared Ascend I, visit: www.gsquaredascend.com.