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Venture 53 Announces Strategic Investment in Optym, Paving the Way for Optimization Innovation in the Transportation Industry

Retrieved on: 
Tuesday, January 23, 2024

DALLAS, Jan. 23, 2024 /PRNewswire-PRWeb/ -- Venture 53, a pure-play industry-focused transportation and logistics fund, proudly announced today its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry. The investment comes as a testament to Optym's unparalleled leadership in transportation optimization as acknowledged by industry expert and Venture 53 Co-Founder Pat Martin.

Key Points: 
  • Venture 53, a pure-play industry-focused transportation and logistics fund, proudly announced today its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry.
  • DALLAS, Jan. 23, 2024 /PRNewswire-PRWeb/ -- Venture 53, a pure-play industry-focused transportation and logistics fund, proudly announced today its strategic investment in Optym, a trailblazer in optimization solutions for the transportation industry.
  • The investment comes as a testament to Optym's unparalleled leadership in transportation optimization as acknowledged by industry expert and Venture 53 Co-Founder Pat Martin.
  • They are the clear leader in optimization in the transportation industry," industry expert and Venture 53 Co-Founder Pat Martin said.

Kings River Packing Becomes First in Citrus to Implement Traceability

Retrieved on: 
Thursday, January 11, 2024

Kings River Packing, an eighth-generation citrus grower and distributor along California’s Kings River, is the first citrus company to do traceability according to the FDA’s FSMA 204 food traceability law.

Key Points: 
  • Kings River Packing, an eighth-generation citrus grower and distributor along California’s Kings River, is the first citrus company to do traceability according to the FDA’s FSMA 204 food traceability law.
  • Citrus fruits were excluded from the initial Food Traceability List (FTL) and are therefore not yet covered under the law; however, Kings River Packing is now using the ReposiTrak Traceability Network® for the fast, easy exchange of traceability data with its retail/wholesale customers.
  • “Every process at Kings River Packing is performed with the highest regard for consumer safety and product quality.
  • In addition to its house brand of premium and organic citrus offerings, Kings River Packing also grows and distributes mandarins, Raspberry Oranges®, heirloom navels, lemons and more.

ReposiTrak Traceability Network Continues Rapid Growth with 3 New Produce Suppliers Including Indoor Grower, Ripening Operation and Large-scale Producer/Distributor

Retrieved on: 
Tuesday, January 9, 2024

ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced the addition of a sustainable indoor produce farm, one of North America’s largest privately-owned banana ripeners, and a large fresh and fresh-cut produce company to the ReposiTrak Traceability Network® (RTN).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced the addition of a sustainable indoor produce farm, one of North America’s largest privately-owned banana ripeners, and a large fresh and fresh-cut produce company to the ReposiTrak Traceability Network® (RTN).
  • The new users will exchange complex, FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in the supply chain, ensuring compliance ahead of the January 2026 deadline.
  • “FSMA 204 compliance is a requirement for everyone and it’s our goal to make traceability easy and affordable for everyone.”
    The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation.
  • Suppliers can connect to an unlimited number of trading partners and begin sharing data for a low, flat fee and there is no cost to retailers.

Associated Grocers of Baton Rouge Pioneers Excellence in Food Traceability by Automating FSMA 204 Compliance

Retrieved on: 
Tuesday, January 2, 2024

Associated Grocers of Baton Rouge (AGBR), in support of its 240 independent retailers in Louisiana, Mississippi, Alabama, Arkansas, and Texas, has advanced efforts to comply with the FDA’s FSMA 204 food traceability law through automation with the ReposiTrak Traceability Network®.

Key Points: 
  • Associated Grocers of Baton Rouge (AGBR), in support of its 240 independent retailers in Louisiana, Mississippi, Alabama, Arkansas, and Texas, has advanced efforts to comply with the FDA’s FSMA 204 food traceability law through automation with the ReposiTrak Traceability Network®.
  • As the world’s largest operating traceability network, the ReposiTrak solution enables the exchange and maintenance of FDA-required data between the co-op’s suppliers, distribution center and retail locations.
  • As that product changes hands or changes form, a compounding string of data must be transferred between trading partners to provide full, end-to-end traceability.
  • There is no cost for retailers and suppliers can connect to an unlimited number of customers and begin sharing data for a low, flat fee.

WARP and GoBolt Partner to Provide a Sustainable End-to-End Delivery Solution for Retailers Shipping within Canada

Retrieved on: 
Wednesday, December 13, 2023

National providers have notoriously struggled with providing cost-efficient, sustainable last-mile delivery solutions.

Key Points: 
  • National providers have notoriously struggled with providing cost-efficient, sustainable last-mile delivery solutions.
  • GoBolt and WARP’s partnership solves this by providing shippers with better on-time delivery, real-time tracking, and a growing percentage of volume being delivered by electric vehicles.
  • In the first two months of Q4, over 20% of all last-mile volume has been routed to electric vehicles.
  • “Traditional LTL carriers aren’t able to provide guaranteed delivery by critical sort times, let alone meet the intended doorstep delivery date,” said Troy Lester, CRO and Co-Founder at WARP.

URM Stores, Inc. Advances Food Traceability in the Grocery Industry, Automates FSMA 204 Compliance With ReposiTrak Solution

Retrieved on: 
Tuesday, December 12, 2023

URM Stores, Inc., the number one food distributor in the Inland Northwest, has advanced efforts to comply with FDA’s FSMA 204 food traceability law through automation with the ReposiTrak Traceability Network®.

Key Points: 
  • URM Stores, Inc., the number one food distributor in the Inland Northwest, has advanced efforts to comply with FDA’s FSMA 204 food traceability law through automation with the ReposiTrak Traceability Network®.
  • “The FDA’s food traceability regulation is something we are taking very seriously,” said Julio Sandoval, Director of Food Safety and Regulatory Compliance for URM.
  • Sandoval explained that the ReposiTrak Traceability Network® could become part of the portfolio of services offered to URM member-owners.
  • This solution is easy-to-use, inexpensive, and sets us far ahead.”
    The ReposiTrak Traceability Network is the only solution that’s scalable for the total food supply chain, without the need for new hardware, software or even labeling systems.

Associated Grocers of New England Sets New Standard in Food Traceability, Prepares for FSMA 204 Recordkeeping

Retrieved on: 
Tuesday, December 5, 2023

Associated Grocers of New England, the largest retailer-owned, wholesale grocery distribution center in New England, has advanced efforts to comply with FDA’s FSMA 204 food traceability law through automation with the ReposiTrak Traceability Network®.

Key Points: 
  • Associated Grocers of New England, the largest retailer-owned, wholesale grocery distribution center in New England, has advanced efforts to comply with FDA’s FSMA 204 food traceability law through automation with the ReposiTrak Traceability Network®.
  • As the world’s largest operating traceability network, the ReposiTrak solution enables the exchange and maintenance of FDA-required data between the co-op’s suppliers, distribution center and retail locations.
  • “AGNE services the needs of independent retail grocers of every store size and format.
  • “Thousands of SKUs are moved through our distribution center every day, many of which are directly impacted by the food traceability law,” Violette continues.

ReposiTrak Traceability Network Adds Produce Distributor and New Produce Supplier

Retrieved on: 
Wednesday, November 15, 2023

ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced the addition of a specialty produce distributor and a chile supplier to the ReposiTrak Traceability Network® (“RTN”).

Key Points: 
  • ReposiTrak (NYSE:TRAK), the world's largest food traceability and regulatory compliance network, built upon its proven inventory management and out-of-stock reduction SaaS platform, today announced the addition of a specialty produce distributor and a chile supplier to the ReposiTrak Traceability Network® (“RTN”).
  • The new users will exchange complex, FDA-required Key Data Elements (KDEs) for each Critical Tracking Event (CTE) in the supply chain, ensuring compliance ahead of the January 2026 deadline.
  • “Particularly in the produce category, we expect that retailers will require FSMA 204-level traceability for all foods, not just those included on the Food Traceability List (FTL),” said Randy Fields, chairman and CEO of ReposiTrak.
  • “Now is the time to prepare by connecting to the ReposiTrak Traceability Network so that you’re ready when your customers begin asking for the data.”
    The ReposiTrak Traceability Network requires no additional hardware or software and the ReposiTrak team assists in making the connections needed under the new regulation.

BRIGHTLINE AND ISLANDS OF THE BAHAMAS DEBUT PARTNERSHIP

Retrieved on: 
Monday, December 11, 2023

MIAMI, Dec. 11, 2023 /PRNewswire/ -- Brightline, the nation's only provider of modern, eco-friendly intercity passenger rail, and The Islands of The Bahamas unveiled the first wrapped train showcasing a new partnership that celebrates the connection between Florida's most visited regions (South and Central Florida) and the nearby Bahama Islands. Brightline and The Islands of The Bahamas commemorated the new partnership with celebratory events at Brightline Orlando Station in partnership with Orlando Health on December 6 and Brightline MiamiCentral on December 7.

Key Points: 
  • Brightline and The Islands of The Bahamas commemorated the new partnership with celebratory events at Brightline Orlando Station in partnership with Orlando Health on December 6 and Brightline MiamiCentral on December 7.
  • To enhance accessibility and deepen the bond between these locales, nonstop flights from Orlando and South Florida to The Bahamas are available from all international airports (MCO, PBO, FTL and MIA) closely accessible with Brightline.
  • "Brightline represents this connection in a very special way and we are thrilled to roll out this partnership."
  • "The Islands of The Bahamas-branded Brightline train represents our partnership of connectivity, promoting travel, tourism and what makes the 16 islands so special and close," said Johanna Rojas, Senior Vice President of Sales and Partnerships for Brightline.

Circle Logistics Appoints Steve Schroeder as VP of National Sales

Retrieved on: 
Tuesday, November 7, 2023

FORT WAYNE, Ind., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Circle Logistics (Circle), a leading player in the logistics and transportation industry, is pleased to announce the appointment of Steve Schroeder as Vice President of National Sales.

Key Points: 
  • FORT WAYNE, Ind., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Circle Logistics (Circle), a leading player in the logistics and transportation industry, is pleased to announce the appointment of Steve Schroeder as Vice President of National Sales.
  • As a logistics veteran with over three decades of experience in building strong relationships and structured networks, Schroeder’s responsibilities at Circle include sales strategy, consolidating high quality transportation solutions and nurturing customer relationships.
  • His focus on identifying customer pain points and offering immediate solutions not only elevates the customer experience but also opens new avenues for our sales teams,” said Eric Fortmeyer, CEO, Circle Logistics.
  • Schroeder also served as Logistics Analyst / Inventory Control / Senior Parts Analyst for Whirlpool Corporation.