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Gatik named a TIME Best Invention of 2022 for World-First Fully Driverless Middle Mile Trucking Solution

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Thursday, November 10, 2022

Gatik has been named by TIME as a Best Invention of 2022 on its prestigious annual list.

Key Points:

Gatik has been named by TIME as a Best Invention of 2022 on its prestigious annual list.
(Graphic: Business Wire)
A few months after launching fully driverless deliveries with Walmart, Gatik expanded its fully driverless solution with Canadas leading food and pharmacy retailer, Loblaw Companies Limited (TSX: L, Loblaw).
We are humbled to have been named to the 2022 TIME Best Inventions list, said Gautam Narang, Gatiks CEO and co-founder.
In 2022, Gatik was named to Forbes list of Americas Best Startup Employers and by Fast Company as a World Changing Idea.

Decisiv Surpasses 25 Million Service Event Milestone on its SRM Platform

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Monday, November 7, 2022

OEM, Original equipment manufacturer, Communication, PACCAR, Michelin, CEO, DTNA, Acquisition, Growth, Industry, Technology, Cummins, SRM, Isuzu, GLEN, Ecosystem, Solution, Airline

GLEN ALLEN, Va., Nov. 7, 2022 /PRNewswire-PRWeb/ -- Decisiv, Inc., the industry leader in Service Relationship Management (SRM) solutions, announced today that 25 million service events for commercial vehicles have now been managed on its SRM platform. Across the commercial vehicle service industry in the last year, the SRM platform was used to manage $4.3 billion in parts and service transactions.

Key Points:

GLEN ALLEN, Va., Nov. 7, 2022 /PRNewswire-PRWeb/ -- Decisiv, Inc., the industry leader in Service Relationship Management (SRM) solutions, announced today that 25 million service events for commercial vehicles have now been managed on its SRM platform.
Across the commercial vehicle service industry in the last year, the SRM platform was used to manage $4.3 billion in parts and service transactions.
The Decisiv Service Relationship Management (SRM) platform is the foundation for the nearly 5,000 service locations across North America that manage more than 4 million service and repair events for commercial vehicles annually.
Through Decisiv's SRM platform, dealers, service providers, manufacturers, and fleet and asset managers can communicate and collaborate during every service event.

Gatik Named to FreightWaves’ 2023 FreightTech 25 List

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Thursday, November 3, 2022

Gatik , the market leader in autonomous middle mile logistics has been named to the prestigious FreightTech 25 list which honors innovation and disruption within the freight industry.

Key Points:

Gatik , the market leader in autonomous middle mile logistics has been named to the prestigious FreightTech 25 list which honors innovation and disruption within the freight industry.
View the full release here: https://www.businesswire.com/news/home/20221103006388/en/
Companies recognized on the FreightTech 25 list are chosen because of their innovative and disruptive contributions to the freight technology sector.
In addition to the FreightTech 25, Gatik was also named to Forbes list of Americas Best Startup Employers 2022 and Fast Company's World Changing Ideas 2022 list ; included on Business Insiders Rising Stars of the Self-Driving Industry list; and named to Inc. Magazines Female Founders List in 2022.
In 2022, Gatik was named to Forbes list of Americas Best Startup Employers and by Fast Company as a World Changing Idea.

Decisiv Completes $15 Million Financing With Morgan Stanley Expansion Capital

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Wednesday, October 26, 2022

GLEN ALLEN, Va., Oct. 26, 2022 /PRNewswire-PRWeb/ -- Decisiv, Inc., the industry leader in Service Relationship Management (SRM) solutions, announced today the completion of a $15 million financing with investment funding provided by Morgan Stanley Expansion Capital. Decisiv will use the capital to support ongoing expansion across its core network of users and into new asset management and data services offerings.

Key Points:

GLEN ALLEN, Va., Oct. 26, 2022 /PRNewswire-PRWeb/ -- Decisiv, Inc., the industry leader in Service Relationship Management (SRM) solutions, announced today the completion of a $15 million financing with investment funding provided by Morgan Stanley Expansion Capital.
"Decisiv already has the largest asset service management ecosystem in the industry, and proven technology that is delivering quantifiable value to its customers," said Stanley Hua at Morgan Stanley Expansion Capital.
Morgan Stanley Expansion Capital is the growth-focused private investment platform within Morgan Stanley Investment Management.
For over three decades, Morgan Stanley Expansion Capital has successfully pursued growth investment opportunities and has completed investments in over 200 companies, leveraging the global brand and network of Morgan Stanley.

Vanguard selects Nuvei as payment partner to accelerate their business

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Tuesday, October 18, 2022

CFO, Blue, Risk, Transport, Volvo, Growth, TSX, Partnership, Technology, Volvo Trucks, Industry, Isuzu, GLOBE, PCI, Vanguard, Fraud, Solution, Compliance, Online shopping, Nuvei, Autocar

Nuveis end-to-end payment solutions accessed through a single integration supports Vanguards entire business-to-business payment processing needs as they grow.

Key Points:

Nuveis end-to-end payment solutions accessed through a single integration supports Vanguards entire business-to-business payment processing needs as they grow.
Nuvei is helping Vanguard optimize levels of interchange credit card processing rates and fees.
The digitalization of payments has become a business priority across our industry, which often has complex operational structures and payment processes built on older technology, said Will Blue, CFO of Vanguard Truck Centers.
Commenting on the partnership, Nuvei Chair and CEO Philip Fayer said: With our payment technology expertise, we help Vanguard increase acceptance rates.

Penske Expands Used Truck Center Footprint

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Friday, October 21, 2022

International, Mitchell, Volvo, Vehicle remarketing, Penske Corporation, GMC, Multimedia, Industry, Ford Motor Company, Isuzu, Address, Penske Truck Leasing, Freightliner

READING, Pa., Oct. 21, 2022 /PRNewswire/ -- In response to continued industry demand for used vehicles, Penske has increased the footprint of its network of used truck centers with four recently opened locations in Kansas City, Missouri, Chicago, Miami, and Tampa, Florida.

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READING, Pa., Oct. 21, 2022 /PRNewswire/ -- In response to continued industry demand for used vehicles, Penske has increased the footprint of its network of used truck centers with four recently opened locations in Kansas City, Missouri, Chicago, Miami, and Tampa, Florida.
"While the majority of our used vehicle sales continue to take place online, our physical used truck centers also remain an effective channel and touchpoint with business customers," said Jack Mitchell, senior vice president of Vehicle Remarketing at Penske.
Penske Used Trucks,a business unit of Penske Truck Leasing, is a leading seller of high-quality late-model used commercial trucks to retail, wholesale, used truck dealers, and corporate truck fleet buyers.
Penske sells used sleeper and day cab semi-tractors, straight trucks, flatbeds, refrigerated vans, semi-trailers, box trucks, cargo vans, and more.

Genius Sports Strikes Exclusive Official Data and Integrity Partnership With Australian Professional Leagues

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Tuesday, October 18, 2022

Genius Sports Limited (Genius Sports) (NYSE:GENI), the official data, technology and broadcast partner that powers the ecosystem connecting sports, betting and media, has been selected as the exclusive Official Data Partner of the Isuzu UTE A-League Men ("ALM") and Liberty A-League Women ("ALW) 2022-23 season as part of a wide-ranging new partnership with the Australian Professional Leagues (APL).

Key Points:

Genius Sports Limited (Genius Sports) (NYSE:GENI), the official data, technology and broadcast partner that powers the ecosystem connecting sports, betting and media, has been selected as the exclusive Official Data Partner of the Isuzu UTE A-League Men ("ALM") and Liberty A-League Women ("ALW) 2022-23 season as part of a wide-ranging new partnership with the Australian Professional Leagues (APL).
Genius Sports is the official data and integrity partner to some of the largest leagues in world sports including the NFL and English Premier League.
Data underpins the Australian Professional Leagues strategy to make soccer Australias most entertaining sport.
Genius Sports is the official data, technology and broadcast partner that powers the global ecosystem connecting sports, betting and media.

Decisiv Provides an In-Depth Look at How Fleets are Reducing Downtime and Increasing Revenue

Retrieved on:

Tuesday, October 18, 2022

SRM, Cummins, Communication, Volvo, VP, Original equipment manufacturer, DTNA, GLEN, Industry, Isuzu, Ecosystem, Solution, Michelin, Taxicab

GLEN ALLEN, Va., Oct. 18, 2022 /PRNewswire-PRWeb/ -- Decisiv, Inc., the industry leader in Service Relationship Management (SRM) solutions, has showcased how fleets can proactively improve service event management in their operations to reduce downtime, generate revenue, and improve driver satisfaction. A recorded version of this highly informative Fleet Best Practices webinar is now available.

Key Points:

"Fleets that are actively engaged with their service providers on the Decisiv SRM platform are able to expedite service processes through more consistent and transparent communication and get their trucks back on the road faster."
Decisiv also introduced its new Fleet Scorecard that allows SRM platform users to fully examine metrics that compare their performance to fleets of similar size.
Virginia-based Decisiv is the provider of the largest asset service management ecosystem for the commercial vehicle industry.
Service providers using SRM establish efficient communication, better controls, and increased productivity in service operations that enables them to become trusted partners to fleets.

Electric Pickup Truck Market is set to grow at a CAGR of 21.8% during the forecast period of 2022-2032: Market Decipher

Retrieved on:

Monday, October 17, 2022

The rising demand for zero-emission vehicles coupled with favorable government initiatives has propelled the market for Electric Pickup Trucks.

Key Points:

The rising demand for zero-emission vehicles coupled with favorable government initiatives has propelled the market for Electric Pickup Trucks.
The market in North America is also expanding steadily due to the high demand for electric trucks for logistics transport fleets.
The expansion of the logistics sector owing to the notable growth in e-commerce is significantly driving the growth of the electric pickup truck market."
Governments are providing incentives for manufacturing electric pickup trucks and supporting the sale of EVs through tax credits, which is boosting the market for Electric Pickup Trucks.

Electric Pickup Truck Market is set to grow at a CAGR of 21.8% during the forecast period of 2022-2032: Market Decipher

Retrieved on:

Monday, October 17, 2022

The rising demand for zero-emission vehicles coupled with favorable government initiatives has propelled the market for Electric Pickup Trucks.

Key Points:

The rising demand for zero-emission vehicles coupled with favorable government initiatives has propelled the market for Electric Pickup Trucks.
The market in North America is also expanding steadily due to the high demand for electric trucks for logistics transport fleets.
The expansion of the logistics sector owing to the notable growth in e-commerce is significantly driving the growth of the electric pickup truck market."
Governments are providing incentives for manufacturing electric pickup trucks and supporting the sale of EVs through tax credits, which is boosting the market for Electric Pickup Trucks.