OTR

WEX Hosts Tennis Legend Venus Williams at SPARK 2024

Retrieved on: 
Wednesday, April 3, 2024

WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, will welcome tennis champion Venus Williams, one of the most inspiring figures in the history of sports and an accomplished businessperson at WEX SPARK 2024 , taking place in Orlando on April 8-10.

Key Points: 
  • WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, will welcome tennis champion Venus Williams, one of the most inspiring figures in the history of sports and an accomplished businessperson at WEX SPARK 2024 , taking place in Orlando on April 8-10.
  • “Venus Williams’ journey of success – a mix of grit, resilience, innovation, and perseverance – promises to invigorate SPARK attendees.
  • “We look forward to welcoming Venus Williams and our WEX community to learn, network, celebrate, and share more about how our flexible technology solutions, services, and resources can simplify the business of running a business.”
    WEX SPARK 2024 will be held at Hyatt Regency Orlando.
  • WEX SPARK 2024 is sponsored by several strategic partners, including Mastercard, Visa, and Coherent Solutions.

Cabot Corporation Wins Tire Technology International 2024 Awards for Innovation and Excellence for E2C® DX9660 Engineered Elastomer Composite

Retrieved on: 
Thursday, March 28, 2024

Cabot Corporation (NYSE: CBT) has won the Tire Technology International 2024 Awards for Innovation and Excellence in the “Chemicals and Compounding Innovation of the Year” category for its E2C DX9660 engineered elastomer composite.

Key Points: 
  • Cabot Corporation (NYSE: CBT) has won the Tire Technology International 2024 Awards for Innovation and Excellence in the “Chemicals and Compounding Innovation of the Year” category for its E2C DX9660 engineered elastomer composite.
  • The Tire Technology International Awards for Innovation and Excellence award celebrates recent advances in tire technology and progress toward a greener and more sustainable industry.
  • The Tire Technology International Awards for Innovation and Excellence celebrate the very best innovations and achievements across the tire industry during the last 12 months.
  • Comprised of 13 categories, the awards were coordinated by Tire Technology International magazine and officiated by a panel of international journalists and industry experts.

TBIL Hits Three Bil: The US Treasury 3 Month Bill ETF (TBIL) Surpasses $3 Billion in Assets

Retrieved on: 
Wednesday, March 13, 2024

F/m Investments LLC (“F/m”) announces The US Treasury 3 Month Bill ETF (Ticker: TBIL) has crossed the $3 billion threshold in assets, highlighting investors' demand for innovative ways to access the short end of the yield curve.

Key Points: 
  • F/m Investments LLC (“F/m”) announces The US Treasury 3 Month Bill ETF (Ticker: TBIL) has crossed the $3 billion threshold in assets, highlighting investors' demand for innovative ways to access the short end of the yield curve.
  • TBIL and the nine additional ETFs that comprise the US Benchmark Series give investors access to US Treasuries at 10 specific points across the US Treasury yield curve.
  • Each ETF in the US Benchmark Series holds the most current (“on the run[1]”) US Treasury security that corresponds to its tenor.
  • The 10 ETFs in the Series are:
    The Series has raised more than $4.25 billion in total in the 18 months since launch, confirming investor demand for a better way to invest in US Treasury securities.

project44 Named a Leader in the 2024 Gartner® Magic Quadrant™ for Real-Time Transportation Visibility Platforms for Fourth Consecutive Year

Retrieved on: 
Monday, April 1, 2024

CHICAGO, April 1, 2024 /PRNewswire/ -- Today, project44, the leading High-Velocity Supply Chain Platform, announced it was named a Leader in the Magic Quadrant for Real-Time Transportation Visibility Platforms (RTTVP) for the fourth year in a row. Of the seven companies evaluated, project44 was also positioned as highest on the "Ability to Execute" and furthest right on the "Completeness of Vision" axes for the second consecutive year.

Key Points: 
  • CHICAGO, April 1, 2024 /PRNewswire/ -- Today, project44 , the leading High-Velocity Supply Chain Platform, announced it was named a Leader in the Magic Quadrant for Real-Time Transportation Visibility Platforms (RTTVP) for the fourth year in a row.
  • project44 was the highest scoring vendor for all five of these Use Cases.
  • "Whether a customer needs visibility into a single mode in a single region, global multimodal visibility or extended capabilities such as facilities and yard management, project44 is the clear choice."
  • In 2023, project44 was also named a Customers' Choice in the 2023 Gartner Peer Insights "Voice of the Customer" report .

Overhaul Sets New Standard in OTR Compliance with Launch of CompliTrack

Retrieved on: 
Wednesday, March 27, 2024

AUSTIN, Texas, March 27, 2024 /PRNewswire/ -- Overhaul , a software-based supply-chain visibility, risk, compliance, and insurance solution for the world's leading brands, announced the launch of CompliTrack.

Key Points: 
  • AUSTIN, Texas, March 27, 2024 /PRNewswire/ -- Overhaul , a software-based supply-chain visibility, risk, compliance, and insurance solution for the world's leading brands, announced the launch of CompliTrack.
  • This revolutionary deviceless tracking solution streamlines in-transit compliance management for over-the-road (OTR) logistics.
  • This solution dramatically simplifies carrier onboarding, immediately elevating shipment visibility—a pivotal step in maintaining stringent compliance and security across diverse logistics operations.
  • "With CompliTrack, we're setting a new industry standard for logistics compliance management," said Barry Conlon, CEO and Founder of Overhaul.

GOODYEAR INTRODUCES THE RL-5K OFF-THE-ROAD TIRE WITH THREE STAR LOAD CAPACITY RATING FOR HEAVY DUTY LOADERS

Retrieved on: 
Wednesday, March 20, 2024

AKRON, Ohio, March 20, 2024 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) recently launched the new three-star RL-5K Off-the-Road (OTR) tire for large wheel loaders and wheel dozers. The RL-5K is Goodyear's newest radial OTR tire in the 45/65R45 tire size and is constructed to withstand the air pressure necessary to deliver an increased three-star load capacity, which translates to a 16% increase in load carrying capacity.1 The RL-5K with three-star capacity also features a deep, 250-level durable tread to deliver cut resistance and traction in severe underfoot conditions.

Key Points: 
  • The construction of the RL-5K with three-star load capacity provides a stronger radial carcass with bigger bead section and stronger ply wires to help deliver uniform product performance.
  • The RL-5K with three-star load capacity is the latest offering in the OTR portfolio to help deliver Goodyear Total Mobility – the trusted Products, Reliable Services and Tire Management Solutions your business needs.
  • For more information on the RL-5K with three-star load capacity and the rest of Goodyear's OTR offerings, visit www.GoodyearOTR.com .
  • 1 Increased load carrying capacity based on Tire & Rim Association data versus RL-5K two-star predecessor in this size.

Barilla Achieves 80% Visibility into Ocean and Over-the-Road Shipments with FourKites

Retrieved on: 
Tuesday, March 5, 2024

Barilla, the world leader in pasta production, announced today that it has achieved 80% visibility into the entire lifecycle of its ocean and road shipments, thanks to leading supply chain visibility provider FourKites ®.

Key Points: 
  • Barilla, the world leader in pasta production, announced today that it has achieved 80% visibility into the entire lifecycle of its ocean and road shipments, thanks to leading supply chain visibility provider FourKites ®.
  • Each week, the company moves more than 2,000 loads from Italy to over 120 countries via over-the-road (OTR) and ocean shipments.
  • Barilla started its collaboration with FourKites by using the company’s OTR visibility and then expanded coverage to include visibility into all its ocean shipments.
  • FourKites recently announced several enhancements to its next-generation ocean visibility platform, Dynamic Ocean® .

Barilla Achieves 80% Visibility into Ocean and Over-the-Road Shipments with FourKites®

Retrieved on: 
Tuesday, March 5, 2024

Barilla, the world leader in pasta production, has announced that it has achieved 80% visibility into the entire lifecycle of its ocean and road shipments, thanks to leading supply chain visibility provider FourKites .

Key Points: 
  • Barilla, the world leader in pasta production, has announced that it has achieved 80% visibility into the entire lifecycle of its ocean and road shipments, thanks to leading supply chain visibility provider FourKites .
  • Barilla has an intricate logistics operation that includes 30 production sites, 15 of which are in Italy and 15 abroad.
  • Each week, the company moves more than 2,000 loads from Italy to over 120 countries via road and ocean shipments.
  • Barilla started its collaboration with FourKites by using the company’s over-the-road (OTR) visibility and then expanded coverage to include visibility into all its ocean shipments.

OTR Solutions Expands Fintech Portfolio with Acquisition of Epay Manager, A Back-Office Automation and Carrier Payments Platform for Freight Brokers

Retrieved on: 
Tuesday, February 6, 2024

"The acquisition of Epay Manager reflects our commitment to our ongoing mission of bringing value-enhancing solutions to the logistics industry," said OTR Solutions CEO, Fritz Owens.

Key Points: 
  • "The acquisition of Epay Manager reflects our commitment to our ongoing mission of bringing value-enhancing solutions to the logistics industry," said OTR Solutions CEO, Fritz Owens.
  • OTR Solutions will leverage Epay Manager's robust portfolio of valuable integrations with transportation management systems (TMS), which allow brokers to implement back-office automation with unrivaled transparency for their carrier partners.
  • The acquisition combines Epay Manager's revolutionary approach to carrier relationship, invoice, and payments management with OTR Solutions' robust working capital and suite of solutions.
  • "At OTR, we recognize the pivotal role of robust carrier relationships in accessing capacity, and the acquisition of Epay Manager gives brokers opportunities to cultivate these connections."

ITS Logistics Releases ContainerAI: Saves Customers Tens of Millions in Demurrage and Detention Fees

Retrieved on: 
Monday, February 5, 2024

RENO, Nev., Feb. 05, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today announced its proprietary, custom-built container management and visibility platform, ContainerAI .

Key Points: 
  • RENO, Nev., Feb. 05, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today announced its proprietary, custom-built container management and visibility platform, ContainerAI .
  • By offering comprehensive insights into the ocean voyage, trucking milestones, rail transport, and port-related charges, ContainerAI equips shippers with the foresight to reduce costs, avoid fees, and optimize supply chains.
  • Today, 99.8% of all ITS customer container movements are managed through the platform and the highest use customer—a fortune 500 manufacturing company—has already saved tens of millions of dollars in demurrage and detention fees.
  • Our customers have already experienced immediate operational and financial benefits with ContainerAI,” says Paul Brashier, Vice President of Drayage and Intermodal at ITS Logistics.