DexKo Global Inc | March 16, 2022
DexKo Global Inc., the global leader in highly engineered trailer running gear, chassis assemblies, and related components, announces that its wholly-owned subsidiary, Dexter Axle Company ("Dexter") has acquired HiSpec Wheel & Tire, Inc. ("HiSpec") located in Mishawaka, IN.
Established in 1995, HiSpec designs and provides aluminum and steel wheels, tires, and related accessories to the RV, trailer and transportation industries. The company has earned a reputation for offering the safest and most innovative wheel & tire assemblies in the industry, while providing the highest level of customer service and satisfaction.
Dexter, headquartered in Elkhart, Indiana, employs over 3,800 people in the U.S. and Canada and operates 18 manufacturing facilities and over 30 company-owned distribution locations. Founded in 1960, Dexter has built a reputation as a trusted brand serving utility trailer, recreational vehicle, marine, heavy-duty, agricultural, specialty equipment manufacturers and distribution partners.
"Uniting Dexter and HiSpec allows us to offer a more comprehensive line of safety related towing products to all our customers and business partners. We are very excited to bring the HiSpec team into the Dexter family while providing an improved product offering to our valued customers," states Adam Dexter, President and CEO of Dexter.
"I am excited to welcome the HiSpec team into the Dexter family. We continue to see opportunity to improve our ability to offer even better products and service to our customers through our distribution and direct channels," adds Fred Bentley, CEO of DexKo Global. "HiSpec fits very well within our strategy, and we expect to see significant benefit to the combined business. We continue to demonstrate our ability to effectively acquire complementary companies and integrate them."
"We have worked with Dexter for twenty years, I feel very comfortable that we are passing the baton to a team with great integrity and experience. It will be gratifying to see DexKo take HiSpec to the next level in the years to come."
-Brad Richards, President and Founder of HiSpec.
The team at HiSpec is thrilled to be part of the Dexter organization," states Joe Katona, General Manager of HiSpec Wheel & Tire. "Combining our resources strengthens our position and ability to provide our customers with superior and more efficient service.
DexKo Global Inc. is the world's leading supplier of advanced chassis technology, chassis assemblies and related components with more than 130 years of experience in trailer and caravan components. DexKo Global was founded at the end of 2015 through the combination of Dexter and AL-KO Vehicle Technology. With its headquarters in Novi, Michigan, the company employs more than 7,000 associates with 52 production facilities and 49 distribution centers. For more information, please go to www.dexko.com.
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.
FleetOps | April 01, 2022
FleetOps, North America's fastest-growing capacity aggregation and freight matching platform built exclusively for brokers and third-party logistics, is excited to announce its most recent integration with Turvo, provider of the world's leading collaboration application designed for the supply chain. Turvo connects people, systems and organizations allowing shippers, logistics providers, and carriers to unite their supply chains, deliver outstanding customer experiences, collaborate in real-time, and accelerate growth. Through this partnership, Turvo customers will have access to FleetOps' growing network of more than 227,000 drivers.
For freight brokerages using Turvo, this new integration will allow for easy posting of loads, access to quality capacity, onboarding of carriers, and booking of loads directly within the Turvo platform. Additionally, the partnership will give brokers the ability to reduce the number of external applications required to run their business and maintain their current transportation management system (TMS) processes while allowing access to a new subset of carriers interested in hauling their loads. With trucks driving empty 20% of the time, providing automated load matching is more important than ever.
"Turvo's commitment to providing a comprehensive supply chain management solution to its customers is unmatched, and we are excited about this partnership and opportunity to further their efforts,Without this integration, brokers typically resort to unnecessary and time-consuming manual processes such as outbound calling, email blasts, and negotiations. Through this partnership, FleetOps will proactively bring trucking companies to brokers by aggregating capacity across load boards, then provide easy access to this information through Turvo's TMS platform."
-Chris Atkinson, CEO of FleetOps.
This partnership will be instrumental in saving brokers' time - from easy posting of loads to on-the-spot booking, all within a platform they already use, We are constantly looking for ways to streamline processes and offer efficiencies to our customers, and this integration with FleetOps will further support our efforts.
Founded in 2017, FleetOps is an on-demand freight marketplace that matches freight from brokers to carriers with available capacity. The system does this by leveraging driver Electronic Logging Device data and Artificial Intelligence to improve on existing systems and increase efficiency in trucking.Currently boasting more than 227,000 drivers available to haul loads, the company has raised more than $8.5 million to date from investors including Resolute Ventures and Inspired Capital. FleetOps has existing partnerships with Convoy, Edge Logistics, FleetComplete, and Loadsmart.Visit FleetOps.ai to learn more.
Turvo provides the world's leading collaboration application designed specifically for the supply chain. Turvo connects people and organizations allowing shippers, logistics providers, and carriers to unite their supply chains, deliver outstanding customer experiences, collaborate in real-time, and accelerate growth. The technology unifies all systems, internal and external, providing one end-to-end solution to execute all operations and analytics while eliminating redundant manual tasks and automating business processes. Turvo's customers include some of the world's largest, Fortune 500 logistics service providers, shippers, and freight brokers. Turvo is based in the San Francisco Bay Area with offices in Dallas, Texas, and Hyderabad, India. (www.turvo.com)
ShipBob, | May 13, 2022
ShipBob, the leading global omnifulfillment platform, announced the launch of its end-to-end managed freight and inventory distribution program, FreightBob. The service includes ocean freight, which is powered by Flexport, combined with ShipBob’s cross-docking, automated inventory distribution, and goods transfers across their fulfillment network.
Current and future merchants that use ShipBob’s fulfillment solution and ship inventory from China to the U.S. (to start) can achieve faster transit times, lower freight costs, greater visibility, and the ability to distribute inventory more seamlessly across ShipBob’s fulfillment centers.By working with Flexport as part of its service offerings, ShipBob is the first fulfillment company to successfully execute ocean freight distribution by chartering boats specifically reserved for customers’ goods. Over the last few months, ShipBob piloted the program by delivering shipping containers directly from China to their Southern California fulfillment centers via ocean freight. Once in Southern California, ShipBob then automatically distributed the inventory across the United States to their final fulfillment center destination to start shipping orders directly to consumers. The entire process took just over two weeks and has been repeated many times over.
“We’re thrilled to offer FreightBob to our existing and future ecommerce clients, unlocking a seamless, cost-efficient and dependable inventory distribution service, said ShipBob Co-Founder and CEO, Dhruv Saxena. FreightBob will enable some of today’s fastest-growing ecommerce brands to navigate volatile freight markets, all while meeting strong U.S. consumer demand.”
“Shippers will continue to face unreliable transit times, service levels and cost transparency for years to come It’s imperative we collaborate with like-minded leaders in the global logistics space to provide the infrastructure and services to help fast-growing ecommerce brands meet the demand and expectations of their customers.”
-Steve Bozicevic, Sr. Director, New Product Development at Flexport.
FreightBob will initially be open to all customers shipping LCL (less than container load) ocean freight containers from China to the U.S. The associated costs are comparable to other LCL ocean freight carriers that take two or three times as long.
“FreightBob was about 30-40% faster than anything else we’ve sourced, From a pricing standpoint, I was looking at the total price that we were going to pay per unit, including shipping — rolled altogether, and it was still substantially cheaper than any of the quotes we received from other companies.”
-Jerry Sever, COO at Complement
This program is able to provide faster shipping times by loading inventory on faster ships and prioritizing delivery to ports strategically located in Los Angeles and Long Beach, California, reducing transit times from the standard 45-60 days to 15-30 days (on average). With FreightBob, ShipBob customers will now have access to bi-weekly departures from China on ships that will then be transferred directly to ShipBob fulfillment centers in the U.S. FreightBob’s highly competitive rates are available for shipments as small as 1 cubic meter, allowing customers the ability to keep inventory flowing and shelves stocked.
“FreightBob is too easy to use to not utilize The more time that I can save spending energy on things like freight and fulfillment, the more time I can spend on other details for my company. To know that I can trust somebody to complete the tedious stuff and be organized like I would is a huge stress reliever!”
-Emily Coolbaugh, Logistics Coordinator at Driveline Baseball
ShipBob brings FreightBob to market to help customers avoid spot market rates that often prevent accurate forecasting. FreightBob helps avoid varying freight rates that may result in profit degradation and/or increased cost for consumers by taking advantage of FreightBob's flat pricing structure (per cubic meter freight rate), inclusive of delivery and custom clearance fees, all designed to simplify cost projections and promote ease of use.
While this solution is currently for delivering shipping containers directly from China to the West Coast and East Coast of the United States, it will be expanded worldwide in 2022.
For more information on FreightBob, please visit: https://product.shipbob.com/freightbob
ShipBob is the leading global omnifulfillment platform designed for small and medium-sized businesses to provide them access to best-in-class supply chain and fulfillment capabilities. The ShipBob platform provides merchants with a single view of their business and customers across all of their sales channels, and enables them to manage products, inventory, orders and shipments, and leverage analytics and reporting to run their business effectively.
Founded in 2014 out of Chicago, ShipBob was launched through Y Combinator by co-founders Dhruv Saxena and Divey Gulati, two entrepreneurs who saw a need for more efficient shipping for ecommerce businesses. Today, the company has raised $330.5 million in funding and operates a global logistics network with 30 fulfillment centers across five countries, including the United States, Canada, United Kingdom, European Union and Australia. Learn more by visiting shipbob.com.
We believe trade can move the human race forward. That’s why it’s our mission to make global trade easy for everyone. Flexport is the platform for global logistics—empowering buyers, sellers and their logistics partners with the technology and services to grow and innovate. Companies of all sizes—from emerging brands to Fortune 500s—used Flexport technology to move nearly $19B of merchandise across 112 countries in 2021.