Rail

Propel Names Salesforce Veteran, Ross Meyercord, CEO; Co-Founder, Ray Hein, Named Chief Strategy Officer

Retrieved on: 
Wednesday, November 30, 2022

Propel Software , creator of the first product value management (PVM) platform, today named Salesforce and Accenture industry veteran Ross Meyercord chief executive officer.

Key Points: 
  • Propel Software , creator of the first product value management (PVM) platform, today named Salesforce and Accenture industry veteran Ross Meyercord chief executive officer.
  • Ray Hein, co-founder and former CEO, will lead product and customer initiatives as the companys first chief strategy officer.
  • Prior to Propel, Meyercord was Pluralsights Chief Revenue Officer, leading a 900-person team responsible for generating global revenue and delivering over $500M in annual recurring revenue.
  • As chief strategy officer and Propel board member, Hein will lead corporate strategy by leveraging his experience in manufacturing and product development technology.

OneRail Raises $33 Million in Series B Funding to Transform B2B Supply Chains

Retrieved on: 
Wednesday, November 30, 2022

On the heels of record growth, OneRail completes a $33 million Series B funding round, co-led by Piva Capital and Arsenal Growth Equity.

Key Points: 
  • On the heels of record growth, OneRail completes a $33 million Series B funding round, co-led by Piva Capital and Arsenal Growth Equity.
  • Supply chain transformation has become a catalyst for competitive advantage for shippers of all types and OneRail replaces siloed legacy systems and manual processes (Excel, VRS, TMS, etc.)
  • Since our Series A round in 2021, weve grown revenue year-over-year by 312 percent and have expanded service to over 330 U.S. cities, said OneRail CEO and founder Bill Catania.
  • OneRail will leverage this funding round to develop a multitude of new data-driven platform capabilities focused on improving the dependability, affordability, and sustainability of last mile logistics.

Bluejay Capital Partners Completes Acquisition of Best Warehousing and Transportation

Retrieved on: 
Tuesday, November 29, 2022

Bluejay Capital Partners, LLC (Bluejay Capital), a specialist in logistics and transportation industry investing, has completed its acquisition of Best Warehousing and Transportation Inc (BWT), a leading B2B warehousing and transportation business, with 30 locations across 15 states.

Key Points: 
  • Bluejay Capital Partners, LLC (Bluejay Capital), a specialist in logistics and transportation industry investing, has completed its acquisition of Best Warehousing and Transportation Inc (BWT), a leading B2B warehousing and transportation business, with 30 locations across 15 states.
  • We are thrilled to partner with Winston to take BWT to the next level, said Josh Putterman, founding partner of Bluejay Capital.
  • Bluejay Capital financed the transaction with Argosy Private Equity, Southfield Mezzanine, Spring Capital Partners and Key Bank.
  • www.bluejay-capital.com
    Best Warehousing & Transportation Inc. is a third party logistics provider specializing in comprehensive, client-focused solutions, including transportation, warehousing and storage, logistics handling and other services.

Solar Energy Industries Association Ranks Lineage Logistics as a Top Adopter of Solar in the U.S.

Retrieved on: 
Tuesday, November 29, 2022

Lineage Logistics, LLC (Lineage or the Company), the worlds largest temperature-controlled industrial REIT and logistics solutions provider, ranked fifth for on-site solar adoption and 22nd overall for total solar adoption in the U.S., according to the Solar Energy Industries Associations (SEIA) Solar Means Business 2022 report.

Key Points: 
  • Lineage Logistics, LLC (Lineage or the Company), the worlds largest temperature-controlled industrial REIT and logistics solutions provider, ranked fifth for on-site solar adoption and 22nd overall for total solar adoption in the U.S., according to the Solar Energy Industries Associations (SEIA) Solar Means Business 2022 report.
  • The adoption of solar energy has been a central part of this strategy, said Chris Thurston, Director of Energy and Sustainability at Lineage Logistics.
  • ( www.lineagelogistics.com )
    The Solar Energy Industries Association (SEIA) is leading the transformation to a clean energy economy, creating the framework for solar to achieve 30% of U.S. electricity generation by 2030.
  • Founded in 1974, SEIA is the national trade association for the solar and solar + storage industries, building a comprehensive vision for the Solar+ Decade through research, education and advocacy.

KCS Holiday Express Announces Challenge Grant to Benefit The Salvation Army

Retrieved on: 
Tuesday, November 29, 2022

Kansas City Southern (KCS) recently announced the first return to the rails of the KCS Holiday Express train since the start of the pandemic in 2020.

Key Points: 
  • Kansas City Southern (KCS) recently announced the first return to the rails of the KCS Holiday Express train since the start of the pandemic in 2020.
  • In addition, the KCS Holiday Express project continues the tradition of charitable giving to The Salvation Army.
  • The funds raised will support The Salvation Army in the 20 communities in eight states where the 2022 KCS Holiday Express train will stop.
  • KCS Holiday Express was built on the tradition of the Santa Train, which ran on a segment of the network bought by KCS in 1997.

Digital Air Strike Launches Thought Leadership Training to Give Competitive Edge to Business Clients

Retrieved on: 
Monday, November 28, 2022

Digital Air Strike is excited to bring Limitless Minds Founder and CEO Harry Wilson to the leading automotive industry conference AUTOVATE on Dec. 1.

Key Points: 
  • Digital Air Strike is excited to bring Limitless Minds Founder and CEO Harry Wilson to the leading automotive industry conference AUTOVATE on Dec. 1.
  • Digital Air Strike is the presenting sponsor of the fifth annual AUTOVATE.
  • Digital Air Strikes top clients are invited to hear Wilson speak and attend AUTOVATE at the Omni Scottsdale Resort and Spa at Montelucia.
  • Digital Air Strike is continuing the unprecedented summits at Bransons private estate in the British Virgin Islands in March 2023.

Global Terminal Tractor Market Report 2022: Growing Demand from E-Commerce and Logistics Industries Drives Sector - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 23, 2022

The global terminal tractor market is projected to grow from USD 802 million in 2022 to USD 1,042 million by 2027, at a CAGR of 5.4% during the forecast period.

Key Points: 
  • The global terminal tractor market is projected to grow from USD 802 million in 2022 to USD 1,042 million by 2027, at a CAGR of 5.4% during the forecast period.
  • Terminal tractor electrification also eliminates the need to completely replace the engine, as is the case with diesel engines at approximately 25,000 working hours.
  • For instance, Terberg (Netherlands) introduced electric vehicles with new EV technology, which include the YT203-EV terminal tractor and the BC202-EV body carrier.
  • Such factors are supporting the growth of the terminal tractor market in Germany.

Verint to Announce Third Quarter Financial Results on Wednesday, December 7, 2022

Retrieved on: 
Wednesday, November 23, 2022

(NASDAQ: VRNT) will conduct a conference call on Wednesday, December 7, 2022 at 4:30 p.m.

Key Points: 
  • (NASDAQ: VRNT) will conduct a conference call on Wednesday, December 7, 2022 at 4:30 p.m.
  • ET to review its third quarter financial results (for the quarter ended October 31, 2022) and discuss its outlook.
  • A real-time webcast of the conference call with presentation slides will be available on Verint's Investor Relations webcast page .
  • VERINT, VERINT DA VINCI, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, THE ENGAGEMENT CAPACITY GAP and THE SCIENCE OF CUSTOMER ENGAGEMENT are trademarks of Verint Systems Inc. or its subsidiaries.

$143+ Billion Worldwide Freight Cars Industry to 2031 - APAC was the Largest Region in 2021 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 23, 2022

The freight cars market consists of sales of freight cars rail freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide the transportation of freight in a freight car.

Key Points: 
  • The freight cars market consists of sales of freight cars rail freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide the transportation of freight in a freight car.
  • The main types of freight cars market covered in this report are intermodal, tank wagons, and freight cars.
  • Asia Pacific was the largest region in the freight cars market in 2021.
  • Freight cars are now enabled with GPS tracking and this is likely to be an emerging trend in the freight cars market.

Ryder Ranks in FreightWaves FreightTech 25: The Most Innovative and Disruptive Companies in Freight Technology

Retrieved on: 
Tuesday, November 22, 2022

Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, announces it ranks among the top 25 most innovative and disruptive companies in the freight technology space, according to the annual FreightWaves FreightTech 25 awards.

Key Points: 
  • Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, announces it ranks among the top 25 most innovative and disruptive companies in the freight technology space, according to the annual FreightWaves FreightTech 25 awards.
  • View the full release here: https://www.businesswire.com/news/home/20221122005147/en/
    Ryder ranks among the top 25 most innovative and disruptive companies in the freight technology space, according to the annual FreightWaves FreightTech 25 awards.
  • Ryder has invested $1.2 billion over the past four years to build, acquire, and create strategic alliances with start-ups and technology providers on innovative new products and solutions that tackle disruptions in the supply chain.
  • RyderShare also won the Best in Show competition at the FreightWaves F3 Future of Freight Festival.