CalAmp | May 16, 2022
CalAmp (Nasdaq: CAMP), a connected intelligence company helping people and organizations improve operational performance with a data-driven solutions ecosystem, announced its subsidiary, Tracker Network (U.K.) Ltd., is offering its Supply Chain Visibility solution to pan-European transportation and logistics operators to deliver reliable, cost-effective, end-to-end cargo tracking of shipments. The solution will particularly benefit multinational businesses in the pharmaceutical, electronics, biotech, food and consumer goods industries looking to secure high-value, high-risk shipments in transit, while also improving supply chain efficiency and offering essential documentation for regulatory compliance purposes.
CalAmp’s Supply Chain Visibility solution is enabled by a portfolio of wireless sensors and other reusable and single-use devices that can be affixed to assets to track and collect critical data, such as temperature, light, shock, vibration and location. The solution enables operators to monitor cargo throughout the shipment journey from a manufacturer through land, sea and air touchpoints to the final destination. Upon arrival, the sensors automatically synchronize with CalAmp’s fixed and mobile hubs to support chain of custody documentation and environmental reporting. Sensor data sent through the CalAmp Telematics Cloud can be directly integrated into warehouse, fleet and logistics management systems via Application Programming Interfaces (APIs).
“The pandemic brought to light many challenges within the global supply chain, from port and border closures to product shortages and COVID-19 vaccine shipments. Manually tracking goods in transit exposes cargo to human error and theft, and limits visibility into environmental damage,” explained Mark Rose, managing director for Tracker. “Sensor- and API-enabled smarter logistics systems like CalAmp’s Supply Chain Visibility solution prove invaluable in reducing freight spoilage, optimizing supply chain performance, documenting chain of custody and protecting brand integrity.”
The CalAmp Supply Chain Visibility solution provides:
Reporting and data analytics: Logging of data to help document chain of custody in compliance with Food Safety Modernization Act (FSMA) and Good Distribution Practice (GDP) requirements
Critical alerts and notifications: Immediate web-based and mobile alerts when a shipment exceeds a predetermined temperature range or goes out of the authorized shipping zone, enabling supply chain operators to take corrective action to minimize spoilage and loss
Near real-time location tracking: CalAmp’s smart sensors and disposable devices utilize GPS tracking to provide near real-time delivery estimates, current location and progress reports even when cargo is in the hands of a third-party provider
Geofencing and route fencing: Alerts notify users if the cargo deviates from the planned route or strays from authorized waypoints
Stationary and movement detection: Detection of when a shipment is moving or stalled, which is especially important when navigating high risk areas in route between waypoints
API integration: CalAmp integrates with Electronic Data Interchange (EDI) or Enterprise Resource Planning (ERP) systems to facilitate information sharing, collaboration and transparency along the entire supply chain
External sharing of critical sensor readings and history: A device’s sensory reading, location and historical data can be shared with other stakeholders including third-party logistics providers (3PLs), private fleet operators, warehouses and distribution centers.
“The need for real-time, end-to-end cargo visibility has never been greater than in today’s complex, just-in-time global supply chain. Manufacturers, logistics operators, consumers and regulators all want to ensure their shipments in transit adhere to strict safety and compliance requirements and will arrive quickly and as expected, We’re excited to provide this level of visibility and intelligence to the European market through our Supply Chain Visibility solution. For our customers shipping goods across pan-European regions, these location and environmental insights will strengthen the reliability, security and efficiency of their operations to benefit all stakeholders in the supply chain.”
-Jeff Clark, chief product officer, CalAmp.
About Tracker Network (UK) Limited
Tracker Network (UK) Limited, a wholly owned subsidiary of CalAmp, has been leading the way in the field of stolen vehicle recovery and insurance and fleet telematics since 1993. With over a million market-leading security and telematics systems fitted to vehicles including passenger cars, motorcycles, commercial vehicles and plant and construction equipment, Tracker’s connected intelligence solutions help people and businesses work smarter. Together with the police, Tracker has to date recovered over £571 million worth of stolen vehicles and continues to recover on average £1 million worth of stolen vehicles each month. Tracker’s award-winning products ensure its customers have complete peace of mind. For more information, visit www.tracker.co.uk or LinkedIn, Facebook, Twitter, Instagram or Tracker Insights.
CalAmp (Nasdaq: CAMP) is a connected intelligence company that leverages a data-driven solutions ecosystem to help people and organizations improve operational performance. We solve complex problems in transportation and logistics, commercial and government fleet, industrial equipment and consumer vehicle marketplaces by providing solutions that track, monitor and recover vital assets. The insights enabled by our cloud platform, applications and edge computing devices drive operational visibility, safety, efficiency, maintenance and sustainability. Headquartered in Irvine, California, CalAmp has over one million software and services subscribers and 10 million edge devices deployed worldwide. For more information, visit calamp.com, or LinkedIn, Facebook, Twitter, YouTube or CalAmp Blog.
CalAmp, LoJack, TRACKER, Here Comes The Bus, Bus Guardian, iOn Vision, CrashBoxx and associated logos are among the trademarks of CalAmp and/or its affiliates in the United States, certain other countries and/or the EU. Spireon acquired the LoJack® U.S. Stolen Vehicle Recovery (SVR) business from CalAmp and holds an exclusive license to the LoJack mark in the United States and Canada. Any other trademarks or trade names mentioned are the property of their respective owners.
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.
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.
Hydron | June 13, 2022
Mo Chen, Co-Founder of San Diego-based autonomous driving company TuSimple (Nasdaq: TSP), has started a new company, Hydron, committed to developing, manufacturing, and selling hydrogen-powered trucks equipped with L4 autonomous driving technology. Chen is set on transforming long-haul freight transportation through hydrogen-powered autonomous trucks making trucking safer, cleaner, and more efficient, minimizing the carbon footprint of class 8 heavy-duty trucks globally.Chen, a Canadian entrepreneur, co-founded self-driving technology company TuSimple with business partner Xiaodi Hou in 2015. Tusimple quickly attracted the attention of global logistics giant UPS, who invested in the company back in 2019 before TuSimple went public through a traditional IPO raising $1.3 billion in total funding. In December of 2021, TuSimple cemented its status as the leader in the development of AI-powered autonomous driving software by becoming the first and only company to successfully operate long-haul heavy-duty trucks autonomously on open public roads without a human in the vehicle and without remote intervention.
"The path to commercializing autonomous vehicles requires the complex integration of both hardware and software, The biggest challenge in bringing autonomous driving to the market at scale is not software development, but access to reliable mass production hardware, and now with Hydron, we will be able to provide automotive-grade hardware specifically for autonomous networks."
-Mo Chen, Chief Executive Officer at Hydron.
Hydron plans to become a leading provider of hydrogen-powered autonomous trucks and refueling infrastructure through partnerships to become a complete solution provider for autonomous driving companies, commercial fleets, and leading carriers. Hydron also plans to collaborate with partners to build a manufacturing facility in North America to better meet the U.S. supply chain challenges. The first generation of Hydron trucks is expected to enter mass production in Q3 of 2024, with a complete set of sensors, computing units, and redundant actuators to meet L4 autonomous driving requirements.
Hydron is a privately held independent company and is not affiliated with TuSimple.
Hydron, Inc. is a Southern California-based company committed to the development, manufacturing, and sales of purpose-built autonomous ready trucks powered by hydrogen fuel cells. Hydron aims to become the leading provider of hydrogen-powered autonomous trucks and refueling infrastructure and will focus on the North American, European, and Middle Eastern markets.
XPO Logistics, Inc. | July 14, 2022
XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services,announced that a new company identity has been created in connection with the planned spin-off of its tech-enabled brokerage platform. The spin-off is named RXO to reflect the company’s commitment to provide reliability multiplied by outperformance. RXO will go to market with the tagline “Massive capacity. Cutting-edge technology.”
XPO unveiled the new company’s identity on a landing page, RXO.com, where visitors can register to receive news about the spin-off’s upcoming milestones and leadership appointments.Brad Jacobs, chairman and chief executive officer of XPO Logistics, said, “Our spin-off now has a name — RXO — bringing it one step closer to becoming a standalone industry leader. Our best-in-class truck brokerage business will be the keystone of RXO’s asset-light platform, poised to continue to take share of a growing market.”
“The new brand embodies our competitive positioning of reliable outperformance, propelled by multiple tailwinds. RXO will launch with a widely adopted digital platform that gives shippers and carriers the automation they demand. I’m excited to lead our team to even greater achievements as a tech-enabled pure-play.”
-Drew Wilkerson, XPO’s president, North American transportation, who has been named to become chief executive officer of RXO
As previously announced, XPO intends to separate its asset-based less-than-truckload business from its asset-light brokered transportation platform, creating two independent, publicly traded companies with vast growth prospects in North America. The spin-off’s largest component will be truck brokerage, with complementary brokered services for managed transportation, last mile logistics and global forwarding.
Usage of the RXO name, logo and other brand components will become effective upon the spin-off of RXO, Inc., which XPO expects to complete in the fourth quarter of 2022.
About XPO Logistics
XPO Logistics, Inc. (NYSE: XPO) is a leading provider of freight transportation services, primarily less-than-truckload (LTL) and truck brokerage. XPO uses its proprietary technology, including the cutting-edge XPO Connect® automated freight marketplace, to move goods efficiently through supply chains. The company’s global network serves 50,000 shippers with approximately 731 locations and 42,000 employees, and is headquartered in Greenwich, Conn., USA. Visit xpo.com and europe.xpo.com for more information, and connect with XPO on Facebook, Twitter, LinkedIn, Instagram and YouTube.