SOFTWARE AND TECHNOLOGY
Advanced Solutions | May 04, 2022
Advanced Solutions, creators of the AdvancedDock Yard and dock management platform and AdvancedBOL (Electronic Bill of Lading), announced the release and support for their new logistics Smart SealTM. The new product utilizes AdvancedDock to support the ability to seal and capture load and truck information digitally."Smart Seal™ allows our customers to improve the accuracy of data collection for truck and container shipments from shipper to final destination,
"Any of us who have had to record, read, rekey or verify seal numbers on a paper bill of lading will appreciate the simplicity of tapping a smart seal using our software and it being captured digitally within our eBOL and available immediately within the backend ERP. This is the simplest scenario, but we are already exploring new use cases with our trial customers."
-Managing Principal Phillip Avelar.
When launched, the patent pending Smart SealTM will be supported by their AdvancedBOL bill of lading software and AdvancedDock, the next generation yard and dock orchestration platform. Using the company's software, a driver or dock employee can digitally capture and record truck/shipment information by tapping their tablet or phone against the Smart SealTM. Simplifying the collection and tracking of load information and enhancing the security of goods being transported.
Smart Seal is the latest product to integrate with Advanced Solutions' Yard and Dock orchestration platform.
To learn more about about Smart Seal and Advanced Solutions' enterprise products or to request a demo, visit advsolutionpros.com/AdvancedDock.
About Advanced Solutions
Advanced Solutions, founded in 1999, specializes in supply chain orchestration solutions. In 2015, it released the logistic industry's first complete electronic bill of lading (eBOL) solution AdvancedBOL for SAP. In addition, the company provides enterprise products such as AdvancedDock for SAP a next generation Yard and Dock orchestration platform for SAP and CommandView for SAP, an AI-based logistics control tower solution.
SOFTWARE AND TECHNOLOGY
SWVL | March 26, 2022
Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, announced a definitive agreement to acquire door2door, a European high-growth mobility platform that partners with municipalities, public transit operators, corporations, and automotive companies, providing software for on-demand mobility, multimodal routing and mobility analytics. The closing of the door2door transaction is subject to customary closing conditions and is expected to be completed in Q2 2022.
Founded in 2012 with the mission of making cities smarter, door2door has developed a leading proprietary MaaS software platform that can be easily integrated into any existing transit network. door2door has a strong commercial track record with 70 deployments across 10 European countries and approximately 24% market share in Germany, Europe's largest mass transit market. Swvl and door2door share a commitment to expanding access to affordable transportation and unlocking economic, social, and environmental benefits for riders and their communities.
Mostafa Kandil, Swvl Founder and CEO, said, "Swvl and door2door share an ongoing commitment to disrupting traditional public transportation systems with tech-enabled mobility solutions focused on accessibility, convenience and sustainability. door2door's impressive foothold in Europe, and particularly DACH2, complement Swvl's recent growth efforts, including our acquisitions of controlling interests in Shotl and Viapool, which launched the Swvl platform in Europe and Latin America, respectively. By significantly expanding our European footprint and furthering our MaaS and SaaS capabilities, we continue to deliver on our growth objectives, while effectively scaling the Swvl platform to key additional geographies."
The transaction with door2door will create a leading global mass transit player, with synergies on offerings, geography, partnerships and product domain:
Boosts Swvl's momentum of growth and expansion in Europe and beyond by bringing the Company's total geographic presence to more than 20 countries on 4 continents.
Leverages door2door's impressive growth track record, with 45% CAGR in number of customers from 2018-2021, >90% customer retention and 7.5x revenue growth from 2017-2021.
Provides compelling market opportunities with access to more than 100 additional European cities.
Provides a launch pad when combined with Shotl to tap into the $22.5 billion SaaS/TaaS market in Europe, where door2door brings a deep understanding of market dynamics.
Unlocks the full potential of SaaS for Swvl through door2door's proprietary mobility orchestration platform with fleet operations management, insights and reporting, and a driver, passenger and attendant application combined with strong technology in the form of a white-label engine, API integration and free floating options.
Allows Swvl to integrate door2door's scalable technology stack with Swvl's proprietary technology to predict and identify latent demand, create routes around demand clusters, create dynamic routes and cost efficient plans, price supply through bidding, and enhance dynamic pricing capabilities.
Enables partnerships with municipalities, public transit operators, corporations, non-emergency medical transportation and smart city organizations, and automotive companies.
Offers a complementary suite of mobility solutions including EV/AV fleet management, on-demand and fixed route public transit, corporate and campus shuttles, autonomous logistics delivery and demand management to add to Swvl's existing suite.
Advances Swvl's ESG strategy by accelerating its adoption of EV/AV technology and creating partnership opportunities to digitize non-emergency medical transport.
Maintains an outstanding policy network on both a national and EU level, providing additional opportunities to enter new markets and expand Swvl's B2G business.
"We are excited to embark on this next phase of growth alongside the Swvl team. We have been impressed by Swvl's ability to rapidly scale its business while continuing to provide best-in-class, transformative mobility solutions for customers. Now we are looking forward to leveraging the combined capabilities of our platforms to alleviate many of the burdens and inefficiencies posed by traditional commuting methods."
-Dr. Tom Kirschbaum, door2door Co-CEO
Maxim Nohroudi, door2door Co-CEO, said, With Swvl and door2door joining forces today we are building a global mass transit company. Swvl's outstanding TaaS experience adds value to our European customers, while door2door complements Swvl with MaaS solutions and B2G capabilities. Together, we are catering to diverse mass transit challenges worldwide, providing a truly global mobility platform.
Youssef Salem, Swvl CFO, said, "The acquisition of door2door provides us with a leading position in Central Europe, attractive SaaS revenue base and pipeline, complementary suite of new mobility products, strong hub in Berlin and a launch pad for further European and global expansion across marketplace and SaaS offerings. Following our recent acquisitions of controlling interests in Shotl and Viapool, investments in mass transit platforms in the United Kingdom and Mexico and launches across Latin America and Europe, this transaction further demonstrates our ability to utilize our growth capital and public currency to pursue accretive organic and inorganic strategic initiatives. We look forward to capitalizing on the numerous opportunities provided by this transaction and furthering partnerships to advance our leading market position as a provider of technology-enabled mass transit solutions on a global scale. We are confident that the Swvl platform will have a very positive and sustained impact on European transit."
Swvl is a global provider of transformative tech-enabled mass transit solutions, offering intercity, intracity, B2B and B2G transportation across 115 cities in 18 countries. The Company's platform provides complimentary semi-private alternatives to public transportation for individuals who cannot access or afford private options. Every day, Swvl's parallel mass transit systems are empowering individuals to go where they want, when they want – making mobility safer, more efficient, accessible, and environmentally friendly. Customers can book their rides on an easy-to-use proprietary app with varied payment options and 24 / 7 access to high-quality private buses and vans.Swvl was co-founded by Mostafa Kandil, who launched Carmudi in the Philippines, which became the largest car classifieds platform in the country in just six months. He then served as Rocket Internet's Head of Operations. In 2016, Kandil joined Careem, a ride-sharing company and the first unicorn in the Middle East, where he launched services in multiple new markets.For additional information about Swvl, please visit www.swvl.com.
door2door is a European high-growth mobility platform providing software solutions for on-demand shared mobility, multimodal routing and mobility analytics. The Berlin-based company licenses its B2G/B2B mobility software to municipalities, mass transit operators, transit agencies, corporations, and automotive companies, with 70 deployments across 10 European countries and approximately 24% market share in Germany, Europe's largest mass transit market. Founded by Dr. Tom Kirschbaum and Maxim Nohroudi with the goal of making cities smarter, door2door has been appointed by LinkedIn as "Top-10 Startup in Germany" and "European Company of the Year".
SOFTWARE AND TECHNOLOGY
Aperia Technologies | March 09, 2022
Aperia Technologies Inc., a leading supplier of tire management technologies that improve the safety and efficiency of commercial vehicles, announced the launch of Halo Connect 2.0, the latest evolution in the company’s comprehensive tire management platform.
“Dozens of trade-offs need to be considered when designing the right cradle-to-grave fleet tire management strategy, Halo Connect now couples deep historical tire health insights with fleet-specific inputs to deliver transformative tire management solutions customized to each client.”
-Josh Carter, CEO of Aperia Technologie
Halo Connect is a cradle-to-grave connected tire management platform that allows fleets to virtually eliminate unplanned tire-related downtime, reduce tire costs per mile, and engender driver confidence by pairing machine learning with active inflation.
Aperia’s tire analytics engine leapfrogs existing technologies that simply provide tire pressure alerting,” continued Carter. “By considering the business and operational context necessary to deliver actionable alerting, Halo Connect enables fleets to get every cent they paid for out of their tires and tire technology investments.
Powered by more than 50 billion miles of real-world fleet tire data, Halo Connect’s proprietary tire analytics engine uses machine learning to characterize the many interrelated and competing variables that affect and inform tire-related maintenance and strategic decisions, effectively enabling fleets to shift from flying blind with a reactive tire service model to confidently executing a proactive service model that optimizes uptime and tire maintenance cost.
Halo Connect is the only active tire management platform for all wheel positions, and the platform now includes key modules to help fleets optimize decision-making and cost across the tire lifecycle. First introduced in 2019, Halo Connect works in tandem with Halo Tire Inflator, a revolutionary automatic tire inflation system for trucks and trailers that installs in minutes. The platform is compatible with all vehicle makes and models, and is available through major OEMs, a network of partners, and directly from Aperia. With the Halo Connect Plan, Halo Connect 2.0 can be purchased as an asset or as a subscription service.
About Aperia Technologies, Inc.
Aperia Technologies makes transportation more efficient, safer, and better for the environment. The company’s comprehensive suite of tire management solutions, including Halo Connect® and the Halo Tire Inflator®, improve fuel economy and road safety while reducing tire expenditures, downtime, and maintenance costs for commercial fleets. Aperia offers the most comprehensive, user-friendly, line-up of tire management solutions available to commercial fleets worldwide with nearing a million tires under management. For more information, visit www.aperiatech.com.
TuSimple Holdings, Inc. | February 04, 2022
TuSimple (Nasdaq: TSP), a global autonomous driving technology company, today announced that Union Pacific Railroad, the largest Class I railroad in the U.S., will become the first customer to move freight on TuSimple's fully-automated trucking route between the Tucson and Phoenix, Arizona metro areas. Union Pacific is leveraging Loup Logistics (Loup), a wholly-owned subsidiary, to coordinate the freight shipment and support seamless movement between rail and the critical first and last mile. Starting this spring, TuSimple plans to carry Driver Out freight for Union Pacific, utilizing groundbreaking AV (autonomous vehicle) technology to deliver goods to their destination faster and more cost-effectively.
Partnering with TuSimple allows us to extend our operations beyond our rail hubs and serve our customers faster and more efficiently, This groundbreaking autonomous driving technology and our partnership provide us a significant opportunity to scale the technology in our network, proactively reducing global supply chain congestion."
Kenny Rocker, Executive Vice President – Marketing & Sales, Union Pacific.
Building on its accomplishment of the world's first Driver Out semi-truck run on December 22, 2021, TuSimple is today reporting an additional six successful fully autonomous runs. The seven total runs covered over 550 cumulative miles on open public roads without a human in the vehicle, without any teleoperation, and without any traffic intervention. Runs were conducted in various roadway conditions, including dense early-evening traffic and "back-to-back" runs on the same night.
Going forward, TuSimple plans to continue its 'Driver Out' program and progressively expand its scope to incorporate daytime runs and new routes while making regular improvements to its proprietary AV technology. By the end of 2023, TuSimple plans to achieve commercial viability by initiating continuous 'Driver Out' paid freight operations in a significant shipping area such as the 'Texas Triangle.'
Our repeatable and scalable 'Driver Out' operations marks a significant inflection point in our company's history. We are the world's first to complete all of the features of AV trucking technology, We are proud of our on-time delivery of this historic milestone and are excited to shift our full focus to commercializing our ground-breaking technology on an accelerated timeline."
Cheng Lu, President, and CEO, TuSimple.
TuSimple continues to advance autonomous freight lanes across the sunbelt, making the movement of freight safe, fast, and efficient. To scale its operations in preparation for a nationwide expansion, the company recently provided technical specifications to commercial real-estate developers to prepare for future autonomous trucking operations, including a million square foot state-of-the-art facility within a 27,000-square-acre development as part of the AllianceTexas.
To date, TuSimple has over 11,000 unique mapped miles in its Autonomous Freight Network and plans to continue to scale its operations to support its distribution partners.
About Union Pacific
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable, and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations.
TuSimple is a global autonomous driving technology company, headquartered in San Diego, California, with operations in Arizona, Texas, Europe, and China. Founded in 2015, TuSimple is developing a commercial-ready, fully autonomous (SAE Level 4) driving solution for long-haul heavy-duty trucks. TuSimple aims to transform the $4 trillion global truck freight industry through the company's leading AI technology, which makes it possible for trucks to see 1,000 meters away, operate nearly continuously, and reduce fuel consumption by 10%+ relative to manually driven trucks.