TQL revenue passes $2 billion mark as big 3PLs get bigger

Total Quality Logistics | January 12, 2015

Kerry Byrne has a good yardstick for the pace of economic recovery -- his company’s rate of revenue growth. Truck freight broker Total Quality Logistics took in $2.1 billion in total revenue last year, only three years after TQL first passed the $1 billion revenue mark in 2011.In 2011, TQL had 1,643 employees; today it has 3,100 employees and 27 offices in 16 states, including several offices that opened or expanded during 2014 in Alabama, Arkansas, Georgia, Kentucky, Michigan, Missouri, Ohio, Pennsylvania and Tennessee.“We are very aggressive,” said Byrne, executive vice president of the Cincinnati-based brokerage. “We aggressively invest in people and technology. We continue to add quality employees and train them intensely.” In addition, trucking “is a really big market.”

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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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TRANSPORTATION

J.B. Hunt, Waymo Add Wayfair to Autonomous Trucking Pilot in Texas

J.B. Hunt Transport Services Inc | June 29, 2022

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT), one of the largest supply chain solutions providers in North America, and Waymo, the leading autonomous driving technology developer, announced the latest development in their collaboration on autonomous trucking technology will include a pilot delivering goods for J.B. Hunt customer Wayfair, one of the world’s largest destinations for the home. The latest pilot will span six-plus weeks during July and August and take place along the I-45 corridor between Houston and Dallas, the location of J.B. Hunt and Waymo’s original pilot nearly one year ago. It will be the first in-depth transportation of home furnishings retail freight between J.B. Hunt and Waymo Via (the company’s autonomous Class 8 trucking unit powered by the Waymo Driver™ technology). “Real-time testing with customers like Wayfair is critical to making autonomous freight movement a viable solution in the future, Every supply chain is unique, so it’s important that customers can work alongside J.B. Hunt and Waymo to ensure that advanced autonomous technology will create capacity that meets their needs. Through shared experiences, technology integration and innovative thinking, autonomous technology can help us advance J.B. Hunt’s mission to create the most efficient transportation network in North America.” -Craig Harper, chief sustainability officer and executive vice president at J.B. Hunt Throughout the multi-week pilot, J.B. Hunt, Waymo and Wayfair will monitor and evaluate data relating to delivery logistics, loading and unloading freight, autonomous performance, and factors influencing the overall driving and non-driving experience. The pilot will use J.B. Hunt 360°® technology to automate several processes such as check calls and transactions to improve driving efficiency. Autonomous specialists - a commercially licensed driver and a software technician – will be in the cab for the duration of each trip to monitor the Waymo Driver’s operations. Expanding our alliance with J.B. Hunt and beginning to move freight together for Wayfair is an exciting next step toward applying the Waymo Driver technology to commercial goods delivery,” said John Verdon, trucking lead, business development and partnerships at Waymo. “We couldn’t be more delighted to work alongside companies who share our innovative spirit and excitement for what autonomous driving technology can mean for the trucking industry. Following a successful pilot in 2021, J.B. Hunt and Waymo extended their collaboration earlier this year with a long-term vision to complete the first fully autonomous commercial freight transport. During the pilot, more than 862,000 pounds of freight were moved, with no accidents and 100% on-time pick-up and delivery. This will be Wayfair’s first large-scale, hands-on experience using Level 4 autonomous vehicle technology to transport freight. Wayfair is the destination for all things home: helping everyone, anywhere create their feeling of home. Offering a wide selection of over 33 million products from more than 23,000 suppliers, expert customer service and a seamless, omnichannel shopping experience, Wayfair makes it quick and easy for customers to shop for their homes. “At Wayfair, innovation is at the core of everything we do, and this pilot with J.B. Hunt and Waymo is a great example of this, We’re excited to continue our work with J.B. Hunt and their willingness to collaborate with us on this autonomous commercial vehicle test as a part of our overall strategy to evolve our logistics strategies and end-to-end supply chain solutions.” -Sean Halligan, Wayfair’s chief global supply chain officer. As part of their long-term collaboration, J.B. Hunt and Waymo are exploring technology integration opportunities with J.B. Hunt 360. For example, the J.B. Hunt 360box® drop-and-hook freight program that includes more than 12,000 available trailers has the potential to provide a near-term, efficient solution for shippers that would make autonomous driving technology available in the digital freight marketplace for the first time. Waymo’s impressive experience building autonomous driving technology spans more than a decade, having driven over 20 million miles on public roads and 20 billion miles in simulation. J.B. Hunt operates one of the largest company-owned fleets in the U.S. complemented by an industry-leading multimodal freight marketplace in J.B. Hunt 360. Driven by its talented workforce, industry-leading technology and capacity-driven solutions, J.B. Hunt continues to advance its mission to create the most efficient transportation network in North America. About J.B. Hunt J.B. Hunt Transport Services Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology-driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com. About Waymo Waymo is an autonomous driving technology company with a mission to make it safe and easy for people and things to get where they’re going. Since our start as the Google Self-Driving Car Project in 2009, Waymo has been focused on building, deploying, and commercializing The World’s Most Experienced Driver™ technology to improve the world's access to mobility while saving thousands of lives now lost to traffic crashes. The Waymo Driver powers Waymo One™, the world's first fully autonomous ride-hailing service, as well as Waymo Via™, our trucking and local delivery service. To date, Waymo has autonomously driven tens of millions of miles on public roads and tens of billions of miles in simulation, across 13+ U.S. states. For more: www.waymo.com.

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SOFTWARE AND TECHNOLOGY

Epicor Acquires EDI Provider Data Interchange, Expanding Global Reach in Helping Customers Drive Value in the Supply Chain

Epicor | June 08, 2022

Epicor, a global leader of industry-specific enterprise software to promote business growth, announced it has acquired Data Interchange, a UK-based provider of Electronic Data Interchange (EDI) cloud technologies and managed services. The Data Interchange acquisition expands the reach of Epicor in European markets and adds to the company’s portfolio of B2B integration technologies, empowering customers to connect businesses and trading partners, increase efficiency, and drive value in the supply chain. Financial terms were not disclosed “The future of EDI is about creating more flexible and transparent supply chains that can seamlessly accommodate a wide range of inputs while ensuring automated and controllable outcomes,The Data Interchange acquisition gives Epicor customers an even more powerful set of cloud-based EDI solutions to streamline supply chain collaboration, simplify processes, and make data-driven decisions to identify trends and opportunities.” -Epicor CEO Steve Murphy As companies, particularly across European markets, manage increasing requirements for data integration across B2B supply chains, they are challenged in navigating the complexities of trading partner compliance, communications protocols, and local language support. Data Interchange’s B2B integration solutions – including the company’s DiNet global EDI Network, Odex B2B communications platform, Darwin order processing solution, and XE EDI mapping tool – will help Epicor customers streamline their supply chain strategies, providing a single-source of truth to more closely manage supplier relationships, automate business processes, and plan for changing business needs. That includes support for European market protocols and standards such as OFTP2, EDIFACT, VDA, TRADACOMS and PEPPOL. “Our goal at Data Interchange has always been to streamline the way EDI is delivered and presented to our customers and partners, By joining with Epicor, we’re extending our mission to help companies drive positive business outcomes by simplifying every stage of their EDI journey.” -Data Interchange CEO Andrew Filby Backed by more than 30 years of experience, Data Interchange pioneers the technology underpinning the world's most complex supply chains with fast, accurate data exchange. A deep and experienced team and partner channel with specialists across Europe help customers in automotive, manufacturing, retail and logistics sectors optimize supply chains and trading processes, with an innovative product and services portfolio that helps customers improve their business operations. About Epicor Epicor equips hard-working businesses with enterprise solutions that keep the world turning. For 50 years, Epicor customers in the automotive, building supply, distribution, manufacturing, and retail industries have trusted Epicor to help them do business better. Innovative Epicor solution sets are carefully curated to fit customer needs and built to respond flexibly to their fast-changing reality. With deep industry knowledge and experience, Epicor accelerates its customers’ ambitions, whether to grow and transform, or simply become more productive and effective. Visit www.epicor.com for more information. Epicor and the Epicor logo are trademarks of Epicor Software Corporation, registered in the United States and other countries. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation. Results are not guaranteed, and each user’s experience will vary.

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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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