Tonnage Robust as Demand for Trucks Grows

ttnews | March 20, 2018

Truck tonnage in February was up nearly 6% compared with February 2017, according to American Trucking Associations’ monthly for-hire truck tonnage index. Tonnage is up 7.1% year-to-date, compared with the same two months in 2017. For all of last year, the index increased 3.8% over 2016. On a sequential basis, the index in February declined 2.6% from January.

Spotlight

Bringing technology into supply chain management has ensured some important advantages including reduced operational cost and errors, improved efficiency, and increased customer satisfaction due to these changes. Computerized supply chain management has allowed for improved visibility and tracking, revolutionizing modern fulfillment.


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TRANSPORTATION

Semtech and WITRAC Transform Asset Tracking For Maritime Transport Utilizing LoRaWAN®

Semtech | May 27, 2022

Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that Boluda Corporación Marítima, a leading global maritime services provider, will leverage an asset tracking solution from WITRAC, a Valencia-based company offering innovative technology solutions that connect and provide visibility to the value chain. Integrated with Semtech’s LoRa® devices and the LoRaWAN® standard, WITRAC’s Total Track & Trace Intelligent Platform transports cold chain assets in Boluda’s supply chain, providing citizens of the Canary Islands with the first daily transportation of cargo from the peninsula with over 350 successful voyages. “Semtech’s LoRa devices offered a cost-effective solution for WITRAC’s Total Track & Trace Intelligent Platform. With ships transporting thousands of containers, installing a satellite modem in each container would make this type of solution economically non-viable, Employing a network using LoRaWAN as well as leveraging the LoRa 2.4GHz band allowed us to place a WITRAC device in every single container to share real-time offshore and onshore visibility to thousands of containers — an unmatched value for our customers.” -Jose Pons Ballester, co-founder and CTO of WITRAC Using a combination of LoRaWAN, Wi-Fi, BLE, and cellular connectivity options in the same hardware device, WITRAC’s Total Track & Trace Intelligent Platform provides real-time visibility and control of offshore operations. In addition to temperature monitoring, the platform’s “Perfect Route System” is able to geolocate a fleet’s vessels, allowing alerts to be set for deviations in fuel consumption, speed, routes, or miles traveled, which also permits shippers to take corrective measures en route. The success of the platform led Boluda to implement WITRAC’s platform to monitor the location and temperature status of the fresh food and medicine on its seven container vessels traveling 700 miles from the Spanish mainland on the maritime corridor linking the Port of Cádiz to the island ports of Las Palmas and Tenerife. “Remotely monitoring the location and temperature of assets during an entire cold chain was once viewed as a challenge. Through implementing LoRa devices and LoRaWAN, asset tracking has never been more simple and cost effective, WITRAC’s tracking solution is a valuable example of how LoRa and LoRaWAN networks can transform smart logistics to prevent loss or damage of assets no matter the distance.” -Marc Pégulu, vice president of IoT product marketing and strategy for Semtech’s Wireless and Sensing Products Group WITRAC Co-Founder and CTO José Pons Ballester will be discussing the benefits of the Boluda “Daily Canarias” solution at the LoRaWAN World Expo taking place July 6-7, 2022, in Paris, France. Register for the conference here. To learn more about WITRAC’s Total Track & Trace Intelligent Platform, please visit here. About Semtech’s LoRa® Platform Semtech’s LoRa device-to-Cloud platform is a globally adopted long range, low power solution for IoT applications, enabling the rapid development and deployment of ultra-low power, cost efficient and long range IoT networks, gateways, sensors, module products, and IoT services worldwide. Semtech’s LoRa technology provides the communication layer for the LoRaWAN® standard, which is maintained by the LoRa Alliance®, an open IoT alliance for Low Power Wide Area Network (LPWAN) applications that has been used to deploy IoT networks in over 170 countries. With the proliferation of LoRa devices and the LoRaWAN standard, the LoRa Developer Portal is a place to learn, connect, collaborate, and find resources to help accelerate your LoRa development process. Semtech is a founding member of the LoRa Alliance. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site. About WITRAC WITRAC helps companies be more efficient and competitive thanks to innovative technological solutions that connect and give visibility to the value chain of its clients. Able to identify, locate, measure, and control wirelessly and in real time, any asset, anywhere, WITRAC fabricates its own hardware and software based on the IoT and AI technology, in order to satisfy the industry's tracing needs. Its digitalization and automatization solutions combine multiple connectivity devices and protocols with a management platform, in order to generate data and transform it into useful information and valuable insights. Please visit www.witrac.es. About Boluda Corporación Marítima Boluda Corporación Marítima is the leading Spanish maritime group with more than 185 years of experience. It has a global presence, operating in Central America, South America, the Caribbean, Africa, Cabo Verde, the Indian Ocean and Europe. This love of hard work and affinity with the sea has been passed down between generations in the Boluda family and developed over time into a sector leading corporation. The company is organized into two strategic divisions: Boluda Towage and Boluda Shipping. And two smaller divisions: Boluda Port Services and VB Comisarios de Averías. Boluda Towage’s main focus is tugboat services, the core business and essential for facilitating traffic flow in the port area and provides port, coastal and offshore towing and sea salvage. This division has a fleet of 400 vessels present in the main ports of Europe, Africa, the Indian Ocean and Latin America. Boluda Shipping is the division providing maritime services in comprehensive transportation, logistics and international freight management. Its wide network of company offices in the main Spanish ports as well as a variety of international ports provide a single point of contact for all stopovers and port operations, with customer service and information provided 24/7 365 days a year. Find more information at www.boluda.com.es. About Semtech Semtech Corporation is a leading global supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the NASDAQ Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

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LOGISTICS

XPDEL adds Seattle to its national network of fulfillment centers for ultra-fast delivery

XPDEL | July 08, 2022

XPDEL, a high-tech third-party logistics (3PL) provider, added its latest fulfillment center in Seattle to support local eCommerce and ultra-fast delivery. With fulfillment centers in twelve US cities and three in APAC, XPDEL is emerging as one of the leading solutions for enabling profitable fast delivery. Like all XPDEL locations, Seattle will operate using industry-leading software technology for fulfillment and logistics. In addition to its private fleet of delivery drivers, XPDEL is fully integrated with multiple national and regional shipping and delivery partners. XPDEL has been instrumental in supporting the growth of the ultra-fast delivery market, quickly standing-up new fulfillment centers and logistics solutions to meet the demands of its growing customer base of merchants and eCommerce companies. "We are fortunate to be in a position where we can quickly adapt and grow our network to meet the needs of our customers and their consumers. We are currently the only 3PL provider making deep commitments to the faster than the same day or ultra-fast delivery model, with specialized services that include temperature control for food products. Our ability to add locations quickly and seamlessly, just as we have done in Seattle, allows us to enable growth for our customers." -Nikki Boone, President of XPDEL XPDEL fulfills and delivers both direct-to-consumer eCommerce orders as well as retail and other business-to-business orders. Its network supports 2-Day shipping nationwide and same-day delivery in eleven metro areas. XPDEL uses the latest technology that allows live visibility into inventory, order tracking, analytics, and smart shipping. "I am so proud of our team and its relentless efforts to provide the best possible service for our customers across our network. We are on a mission to help our customers grow. Expanding XPDEL services to Seattle will allow our customers to grow in that market. We have a similar expansion planned for other cities in the US and abroad." -XPDEL's Founder and CEO, Manish Kapoor Unlike traditional 3PL service providers, XPDEL's primary focus is to help merchants and product companies grow their businesses. XPDEL enables companies to sell on multiple platforms in multiple marketplaces around the world, and plans to expand its services in the US, Canada, Latin America, APAC, and Europe. About XPDEL XPDEL is a leading hi-tech 3PL on a mission to enable growth for eCommerce companies. XPDEL operates in North America and India and plans to continue expanding internationally. The company offers a wide range of fulfillment and logistics solutions for eCommerce businesses, including ultra-fast delivery models powered by industry-leading technology platforms. XPDEL clients benefit from live dashboards that provide real-time analytics and actionable data.

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PROCUREMENT AND SOURCING

Taylor Announces New Service That Reduces Freight Costs and Footprint

Taylor | July 05, 2022

Taylor Corporation has introduced a new shipping and fulfillment service that reduces freight costs for customers while conserving natural resources.Taylor’s innovative PrintMerge process merges orders for print-on-demand (POD) items with orders for pre-existing warehoused items to create a single outgoing shipment. By combining orders in this fashion, Taylor is able to reduce the number of labels and cartons needed to ship customer orders. It also results in significantly lower freight costs for customers. “Until now, POD and warehoused items always shipped independently and as quickly as possible. This is ideal for speed but is not always very efficient from a shipping cost and raw materials standpoint, The PrintMerge process gives our customers the option to combine those two types of orders. Customers can reduce their freight costs and shrink their environmental footprint in a meaningful way.” -Tim Dunford, president of warehouse and distribution services for Taylor. PrintMerge is now available at Taylor’s co-located POD/distribution centers in Cranbury, N.J., Jeffersonville, Ind., and Ontario, Calif. “Of course, PrintMerge doesn’t apply to everything we do, adds Dunford. The POD and warehoused items must come out of the same facility, be going to the same destination and fit in the same shipping cartons. However, for many customers, this new service will make a real difference on the bottom line and to their sustainability initiatives. About Taylor Taylor is among the top five graphic communications companies in North America. Headquartered in North Mankato, Minn., we are a team of more than 8,000 client-driven experts with operations spanning 32 states and eight countries. We use deep industry knowledge to strengthen your customer’s brand experience, enhance business efficiency and improve bottom-line profitability.

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SUPPLY CHAIN

Mandiant and Interos Join Forces to Advance Supply Chain Cyber Risk Management

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. About Interos 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.

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Spotlight

Bringing technology into supply chain management has ensured some important advantages including reduced operational cost and errors, improved efficiency, and increased customer satisfaction due to these changes. Computerized supply chain management has allowed for improved visibility and tracking, revolutionizing modern fulfillment.

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