OTR | Jotup

Freight Technologies, Inc. Reports 30% Year-over-Year Revenue Growth and Strong Fr8Fleet Volumes for Q1 2024

Retrieved on:

Monday, April 22, 2024

Fr8Tech achieved healthy revenue growth of 30% in Q1 2024 over the prior year with approximately $4.3 million in quarterly revenue.

Key Points:

Fr8Tech achieved healthy revenue growth of 30% in Q1 2024 over the prior year with approximately $4.3 million in quarterly revenue.
This included a 278% year-over-year volume growth within the Fr8Fleet business to approximately 3,400 completed shipments.
Q1 is typically the slowest quarter of the year for freight activity, yet the Company was able to secure Fr8Fleet volume growth of 25% sequentially over Q4 2023.
The Company’s growth trajectory continues, not just with Fr8Fleet, but also with spot and cross-border shipments.

On the Road Lending Announces Expansion into North Carolina

Retrieved on:

Wednesday, April 24, 2024

Other Consumer, Automotive, Finance, General Automotive, Banking, Professional Services, Philanthropy, Social Services, Consumer, Foundation, OTR, ROAD, Community development financial institution, Treasury, Road, Empowerment, Transport, Freedom, Community development

On the Road Lending, a nonprofit organization that launched in Dallas in 2013 to provide life-changing car loans, is expanding into North Carolina.

Key Points:

On the Road Lending, a nonprofit organization that launched in Dallas in 2013 to provide life-changing car loans, is expanding into North Carolina.
“We are thrilled to bring our auto lending program to North Carolina,” said Michelle Corson, On the Road Lending’s founder and CEO.
On the Road Lending has already impacted one North Carolinian, Arnett G. He struggled to expand his business beyond local events without a car.
OTR FUND I, LLC is an impact investment fund that provides affordable loans to clients of On the Road Lending.

Continental Battery Systems Named Supplier of the Year at FleetPride Supplier Summit

Retrieved on:

Tuesday, April 16, 2024

Automotive Manufacturing, Aftermarket, Automotive, Technology, Manufacturing, Trucking, Batteries, Transport, General Automotive, Other Manufacturing, Fleet Management, OTR, Marketing, Partnership, Organization, Growth

Continental Battery Systems is proud to have been named Supplier of the Year by FleetPride, the nation's largest distributor of aftermarket heavy-duty parts and service.

Key Points:

Continental Battery Systems is proud to have been named Supplier of the Year by FleetPride, the nation's largest distributor of aftermarket heavy-duty parts and service.
The annual award signifies a true partnership between the two organizations and honors Continental Battery Systems’ consistency and reliability, focus on growth, and innovation in product offerings, like the new OTR battery line for a broad range of commercial applications.
About the announcement, Continental Battery Systems’ SVP of sales and marketing, John Rauco, said, “I am thrilled to announce that FleetPride has awarded us Supplier of the Year.
This would not have been possible without every member of our field organization’s hard work and commitment to our customers.

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

Engineering, Chemicals, Plastics, Automotive, Automotive Manufacturing, General Automotive, Tires & Rubber, Manufacturing, Innovation, Table tennis rubber, Corporation, Carbon, OTR, E2C, TBR, Cabot Corporation, Tire manufacturing

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

Consulting, Asset Management, Professional Services, Finance, CIO, Growth, ETF, Treasury, OTR, Safety, Ticker, Financial adviser

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

Completeness, Customer, Growth, Final good, Face, Partnership, Trust, Research, Canadian Tire, OTR, Use case, Human voice, Publication, IVECO, Magic Quadrant, Retail

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

Intelligence, Internet of things, Risk, Insurance, OTR, Electronic logging device, ELD, Communication

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

Static pressure, Tire, OTR, Traction, Torque, Heavy equipment

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® .