USMCA

2023 CEC Council Statement: "Canada, Mexico, U.S. Launch Ambitious Environmental Agenda in Victoria, British Columbia, Canada"

Retrieved on: 
Vendredi, juin 30, 2023
Knowledge, Climate, Paris Agreement, Environmental justice, American Cooperative School of La Paz, Traditional ecological knowledge, Natural Resources, USMCA, Policy, Environment, CEC, Paris, Food loss and waste, Face, Commission, Wildfire, Commission for Environmental Cooperation, Biodiversity loss, North American Leaders' Summit, Council, Environment and Climate Change Canada, Learning, Environmental policy, Climate change, Food, US, Flood, United States Environmental Protection Agency, Water, Biophysical environment, Methane, Partnership, Kunming-Montreal Global Biodiversity Framework, Biodiversity, City, Weather, Health, Whaling, Renewable energy, Agriculture, Property management, Tourism, Indigenous peoples

VICTORIA, BC, June 29, 2023 /PRNewswire/ - We, the Commission for Environmental Cooperation (CEC) Council Members, representing Canada, Mexico and the United States, met today for the annual Council Session in Victoria, British Columbia, Canada.

Key Points: 
  • VICTORIA, BC, June 29, 2023 /PRNewswire/ - We, the Commission for Environmental Cooperation (CEC) Council Members, representing Canada, Mexico and the United States, met today for the annual Council Session in Victoria, British Columbia, Canada.
  • The Council addressed many of the most pressing environmental challenges facing North American communities, particularly vulnerable communities and Indigenous Peoples that are oftentimes disproportionately burdened with environmental impacts.
  • Through 39 active grants valued at more than C$6 million, the CEC is supporting climate resilience and environmental action at the community level.
  • "—Iván Rico López, Undersecretary of Environmental Policy and Planning, Semarnat
    "It has been an honour to host the 30th annual CEC Council meeting in Victoria, BC.

Greenbrier Adds Patrick Ottensmeyer as Independent Director to Board of Directors

Retrieved on: 
Mercredi, juin 28, 2023
Brookings Institution, NARS, Canadian Pacific Railway, Hispanic Scientist of the Year Award, CP, GBX, KCS, The Greenbrier Companies, Marketing, Kansas City Southern, USMCA, Council, Rail transport, Railway Age, Growth, The Rockefeller Foundation Economic Council on Planetary Health, United, CPKC, NYSE, Kansas City Southern (company), Commerce, U.S. Chamber of Commerce Building, Management, Airline, U.S.-Mexico Border Infectious Disease Surveillance Project

LAKE OSWEGO, Ore., June 28, 2023 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) announced today the election of Patrick J. Ottensmeyer to the Company's Board of Directors. The election of Ottensmeyer increases Greenbrier's Board from 10 to 11 members, nine of whom are independent directors.

Key Points: 
  • Former KCS CEO Patrick J. Ottensmeyer elected to Board of Directors
    LAKE OSWEGO, Ore., June 28, 2023 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE:GBX) announced today the election of Patrick J. Ottensmeyer to the Company's Board of Directors.
  • The election of Ottensmeyer increases Greenbrier's Board from 10 to 11 members, nine of whom are independent directors.
  • The Board is confident he will provide important perspectives as we continue to execute our strategy, drive profitability and enhance value for all Greenbrier shareholders," said Thomas Fargo, Greenbrier Board Chair.
  • Greenbrier is fortunate to have Pat join our Board of Directors."

Freight Technologies, Inc. Recognized as Outstanding Service Provider by K-FLEX de México, Securing Contract Renewal

Retrieved on: 
Jeudi, juin 22, 2023
B2B, COVID-19, Freight technology, USMCA, Transport, Renewable energy

HOUSTON, June 22, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. .

Key Points: 
  • HOUSTON, June 22, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. .
  • It became one of our top 5 clients in 2022 and we hope its pace returns and exceeds that of last year now that its expanding plant is near to being fully operational.
  • It is fast becoming a leader in the provision of tailor-made services, advanced technological solutions and innovative insulation systems for energy saving, which aligns very nicely with our environmental efforts.
  • We believe this is just the beginning of many great things to come.”

Fr8App Announces New Integration with Samsara to Enhance Real-Time Freight Tracking

Retrieved on: 
Mercredi, juin 7, 2023
Cloud, Partnership, GPS, B2B, Freight technology, API, Connected, Saṃsāra, Organization, USMCA, AI, Transport, Safety, Satellite navigation device, Online shopping

With this integration, Fr8App customers can now leverage insights from Samsara’s vehicle telematics solution, which includes real-time GPS tracking, advanced diagnostic reporting, and streamlined compliance management.

Key Points: 
  • With this integration, Fr8App customers can now leverage insights from Samsara’s vehicle telematics solution, which includes real-time GPS tracking, advanced diagnostic reporting, and streamlined compliance management.
  • The integration between Samsara and Fr8App is a significant development for platform users - shipper customers and carriers alike.
  • By connecting with industry leaders like Samsara, Fr8App continues to pave the way for streamlined logistics processes and improved visibility for customers.
  • We are very happy with the results and look forward to continuing our partnership with Samsara and Fr8App."

Freight Technologies, Inc. Appoints Umberto León-Domínguez as Director of AI

Retrieved on: 
Mardi, mai 23, 2023
B2B, Freight technology, Algorithm, Intelligence, USMCA, AI, Transport, Safety, Medical device

In his role as AI director, Dr. León-Domínguez will oversee the creation of a dedicated department within Fr8Tech to focus exclusively on AI developments – both boosting the company’s existing advances and also developing new AI functionalities for the supply chain industry.

Key Points: 
  • In his role as AI director, Dr. León-Domínguez will oversee the creation of a dedicated department within Fr8Tech to focus exclusively on AI developments – both boosting the company’s existing advances and also developing new AI functionalities for the supply chain industry.
  • Fr8Tech’s aim is to optimize freight transportation efficiency and safety using AI, thereby helping to revolutionize the industry.
  • Dr. León-Domínguez will oversee the company’s global AI operations from the operations center in Monterrey, Mexico.
  • I’m excited for the advancements yet to be realized as we work together to further revolutionize the supply chain industry.”

Freight Technologies’ Platform Fr8App Cited in Google I/O 2023 Series following Annual Developer Conference

Retrieved on: 
Jeudi, mai 18, 2023
Data management, LTL, B2B, Workflow, Freight technology, Machine learning, USMCA, AI, Satellite navigation device

Following Google's annual developer conference, Fr8App was cited in Google Maps Platform's blog announcing its latest on maps customization, as an example of how new technology can be adopted to create interactive and insightful visual experiences.

Key Points: 
  • Following Google's annual developer conference, Fr8App was cited in Google Maps Platform's blog announcing its latest on maps customization, as an example of how new technology can be adopted to create interactive and insightful visual experiences.
  • Fr8App platform users can now click on advanced markers and Fr8App’s platform displays relevant information about the load, such as current status, location and other relevant information.
  • Advanced markers help the Fr8App platform make it easier for end users to track the progress of their shipments.
  • We use advanced markers to display important information about our trucking partners, and marker clustering to manage large data volumes.

Freight Technologies, Inc. Preliminary Q1 2023 Revenue 11% below Q1 2022

Retrieved on: 
Vendredi, mai 12, 2023
Freight technology, AI, USMCA, B2B

HOUSTON, May 12, 2023 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today reports first quarter 2023 revenue for the quarter ended March 31, 2023.

Key Points: 
  • Fr8Tech reported preliminary revenue of $3.3 million for Q1 2023, down from a strong $5.3 million for Q1 prior year 2022.
  • As exemplified by a number of leading logistics companies results during the first quarter of 2023, the freight markets during the first quarter of 2023 tended to report lower margins and lower sales versus a year ago period in what is a very challenging market.
  • Javier Selgas, CEO of Fr8Tech, said, “We had a very good Q1 a year ago.
  • Our sales team has focused on successfully broadening our shipper base and we continue to work to increase our carrier base on Fr8App.

Freight Technologies, Inc. Announces Discontinuation of Strategic Alliance with Freight Company from Mexico to Focus on Higher-Margin Opportunities

Retrieved on: 
Vendredi, mai 5, 2023
Insurance, AI, B2B, USMCA, Freight technology, Tunnel, Retail, Airline

Javier Selgas, CEO of Fr8App, said, “At Fr8Tech, we entered into the strategic alliance with Zaro expecting to be able to reach a certain level of sales at margins that we expected would be lower than our other business segments but at acceptable levels. Our alliance with Zaro enhanced Zaro’s ability to provide services in the tremendously competitive U.S. freight market, but recent market conditions – including significant insurance premium increases for our alliance -- caused us to re-evaluate the longer-term prospects of this opportunity. We decided to discontinue the alliance to allow the Fr8Tech team to focus on our higher-margin segments. We recently announced that we had our highest monthly increase in new clients during the month of March 2023. We need to focus our limited resources to growing these promising segments over what is now a highly competitive, low-margin U.S. domestic business.”

Key Points: 
  • (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announces the discontinuation of its alliance with Zaro Transportation.
  • We decided to discontinue the alliance to allow the Fr8Tech team to focus on our higher-margin segments.
  • We recently announced that we had our highest monthly increase in new clients during the month of March 2023.
  • We need to focus our limited resources to growing these promising segments over what is now a highly competitive, low-margin U.S. domestic business.”

Freight Technologies, Inc. Obtains and Renews Additional Funding

Retrieved on: 
Jeudi, avril 27, 2023
B2B, Freight technology, Security, USMCA, Capital, Growth, AI, Hand, Security (finance)

Fr8Tech, agreed to amend its Loan and Security Agreement with Capital Foundry on April 25, 2023 and extend it through to 2025.

Key Points: 
  • Fr8Tech, agreed to amend its Loan and Security Agreement with Capital Foundry on April 25, 2023 and extend it through to 2025.
  • The amendment will maintain the revolving line of credit at $5.0 million and includes additional types of collateral in line with Fr8Tech’s anticipated growth.
  • In addition to extending the Capital Foundry facility through early 2025, we were also able to increase our convertible loan facility to provide us with additional dry powder to continue funding our organic growth initiatives.
  • Each of the facilities will help provide us with the ability to continue to execute on our business plan.”

U.S. and International Companies Support Mexico's Efforts to Restrict GMO Corn

Retrieved on: 
Mardi, avril 25, 2023
Food, Verification, Farmer, The Non-GMO Project, Agriculture, GMO, Sale, Government, Genetically modified organism, Non-governmental organization, USDA, USMCA, Butterfly, Social, Health, International organization

BELLINGHAM, Wash., April 25, 2023 /PRNewswire/ -- The Non-GMO Project announced that it now verifies non-GMO products for sale in Mexico. This comes on the heels of Mexico's efforts to ban imports of genetically modified corn for human consumption in products such as masa and tortillas, as well as the controversial herbicide glyphosate. This undertaking is the focus of intense pressure from U.S. federal authorities in agriculture and trade.

Key Points: 
  • The commercial cultivation of GMO corn is already prohibited in Mexico.
  • Mexican President Lopez Obrador has also set the goal of gradually substituting domestically grown non-GMO corn for GMO corn now imported for feed and industrial uses.
  • There is significant support for Mexico's food sovereignty among U.S. and international companies, NGOs and individual citizens who recognize that the future of food is non-GMO.
  • "The Non-GMO Project applauds Mexico's efforts to restrict genetically modified corn in their attempt to safeguard native maize varieties and preserve Mexico's cultural heritage," said Megan Westgate, executive director at the Non-GMO Project.