Transfix

TRANSFIX LAUNCHES RFP MANAGER TO STREAMLINE FREIGHT PROCUREMENT WITH SOURCE-TO-SETTLE EXECUTION SYSTEM

Retrieved on: 
Tuesday, November 14, 2023

NEW YORK, Nov. 14, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix") announced today the launch of RFP Manager, a new tool designed to streamline the often manual and time-consuming RFP and freight procurement process by allowing shippers to complete every step, from sourcing to settlement, all in one place.

Key Points: 
  • NEW YORK, Nov. 14, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix") announced today the launch of RFP Manager, a new tool designed to streamline the often manual and time-consuming RFP and freight procurement process by allowing shippers to complete every step, from sourcing to settlement, all in one place.
  • Through RFP Manager's digitalized and automated processes, shippers can now launch an RFP in minutes and invite brokers and carriers to participate in the bidding.
  • "The RFP process has long been outdated and in need of an innovative overhaul," said Jonathan Salama, Co-founder and CEO of Transfix.
  • RFP Manager is a new tool available, free of charge, to all shippers through the Transfix Shipper App.

Transfix Closes $40M Series F Funding Round Led by New Enterprise Associates and G Squared

Retrieved on: 
Thursday, October 19, 2023

NEW YORK, Oct. 19, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced the closing of its Series F funding round, led by New Enterprise Associates (NEA) and G Squared, with participation from Canvas.

Key Points: 
  • NEW YORK, Oct. 19, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced the closing of its Series F funding round, led by New Enterprise Associates (NEA) and G Squared, with participation from Canvas.
  • It also represents the continued conviction of large institutional investors in the company's business, in an otherwise difficult market.
  • "We have been continuously impressed by Transfix's resilience, determination, and innovation," said Larry Aschebrook, Founder & Managing Partner, G Squared.
  • They, instead, build and refine against deeply-researched customer needs, and iterate to prepare for the future."

Transfix Partners with Health in Transportation to Enhance Driver Wellness and Safety on the Road

Retrieved on: 
Tuesday, September 12, 2023

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix"), today announced its partnership with Health in Transportation, a pioneer in the commitment to promoting driver health and well-being.

Key Points: 
  • NEW YORK, Sept. 12, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix"), today announced its partnership with Health in Transportation, a pioneer in the commitment to promoting driver health and well-being.
  • Health in Transportation provides truck drivers across the country access to a suite of health and medical services, including their innovative CDL Health Scanner, health coaching, and disease management programs.
  • Founder of Health in Transportation, Bob Perry, will play a pivotal role in this partnership, leveraging his 25+ years of experience in promoting driver wellness.
  • Perry was recently featured on the Transfix Take On podcast highlighting the importance of better health and wellness in the supply chain.

Transfix Releases First-of-its-Kind Shipment Verification Feature to Combat Freight Fraud

Retrieved on: 
Thursday, August 24, 2023

NEW YORK, Aug. 24, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix") today announced the launch of a new security enhancement designed to verify load authenticity and provide the shipping community with greater ability to prevent the carrier fraud that has been prevalent in the industry.

Key Points: 
  • "As the frequency and complexity of freight fraud continue to escalate, so does our work to combat it," said Jonathan Salama, Chief Executive Officer and Co-founder of Transfix.
  • Fraudulent freight activity can lead to delayed deliveries, lost revenue for both shippers and carriers, and supply chain inefficiency.
  • To combat this, Transfix has added a unique QR code to its rate confirmations, making it easy to confirm that the shipment is a confirmed Transfix load.
  • This new feature is one of a number of security enhancements Transfix has initiated which have the benefit of fighting fraud.

Transfix Launches Shipper Advisory Council to Build a More Collaborative Supply Chain Ecosystem

Retrieved on: 
Wednesday, July 19, 2023

NEW YORK, July 19, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced the launch of the Transfix Shipper Advisory Council, designed to foster a more trusted and collaborative supply chain ecosystem, bridge gaps in the industry, and cultivate a deeper understanding of the challenges shippers and carriers face.

Key Points: 
  • NEW YORK, July 19, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, today announced the launch of the Transfix Shipper Advisory Council, designed to foster a more trusted and collaborative supply chain ecosystem, bridge gaps in the industry, and cultivate a deeper understanding of the challenges shippers and carriers face.
  • Exclusive "first looks" at upcoming products and features to help build further expansion across the supply chain.
  • The shipper council convenes quarterly as a virtual meeting with opportunities for in-person gatherings throughout the year.
  • For more information on the Transfix Shipper Council, visit https://transfix.io/shipper-council .

Transfix Releases Second Annual ESG Report

Retrieved on: 
Tuesday, June 27, 2023

NEW YORK, June 27, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform, today announced the release of its second annual Environmental, Social, and Governance (ESG) Report.

Key Points: 
  • NEW YORK, June 27, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix"), the Intelligent Freight Platform, today announced the release of its second annual Environmental, Social, and Governance (ESG) Report.
  • The report highlights the company's progress across ESG initiatives in 2022 such as a commitment to decrease freight emissions and promote diversity, equity, and inclusion efforts within and beyond internal operations.
  • "From the very beginning, we've recognized our responsibility to build a more sustainable future across our industry," said Jonathan Salama, CEO and co-founder of Transfix.
  • "To that end, this report reflects the strategic steps we are taking to reduce our environmental impact and advance diversity, equity, and inclusion not just at Transfix, but across the industry as a whole.

Transfix Partners with Supplier.io to Create a First-of-its-Kind Diverse Freight Carrier Network

Retrieved on: 
Wednesday, June 14, 2023

NEW YORK, June 14, 2023 /PRNewswire/ -- Transfix Inc. ("Transfix"), the Intelligent Freight Platform, today announced a new partnership with Supplier.io, a leading supplier diversity solutions platform that connects diverse suppliers to businesses, to meet the growing demand for a formalized data-driven procurement reporting program in trucking.

Key Points: 
  • "As shippers continue to drive toward their sustainability mandates, we have introduced innovative solutions to help them achieve those goals," stated Jonathan Salama, CEO and co-founder of Transfix.
  • "Embracing and supporting a diverse supply chain ecosystem is core to our mission, and this partnership represents one way that we are bringing that purpose to life."
  • Transfix and Supplier.io are leveraging workforce data to provide greater access to opportunities for marginalized communities that have historically been underserved, and, in turn, creating a more diverse transportation sector.
  • "We're seeing more and more organizations adopt and use supplier diversity as a true business differentiator, and Transfix is doing just that through this partnership.

The Transportation Marketing & Sales Association (TMSA) Announces DEI Taskforce Roles and Gold Sponsor

Retrieved on: 
Monday, June 12, 2023

NORTH OLMSTED, Ohio, June 12, 2023 /PRNewswire-PRWeb/ -- The Transportation Marketing & Sales Association (TMSA) Board of Directors recognizes the importance of incorporating Diversity, Equity, and Inclusion (DEI) into organizational frameworks. As a result, they have diligently filled the roles of the recently announced DEI Taskforce.

Key Points: 
  • The Transportation Marketing & Sales Association (TMSA) Board of Directors recognizes the importance of incorporating Diversity, Equity, and Inclusion (DEI) into organizational frameworks.
  • As a result, they have diligently filled the roles of the recently announced DEI Taskforce.
  • NORTH OLMSTED, Ohio, June 12, 2023 /PRNewswire-PRWeb/ -- The Transportation Marketing & Sales Association (TMSA) Board of Directors recognizes the importance of incorporating Diversity, Equity, and Inclusion (DEI) into organizational frameworks.
  • As a result, they have diligently filled the roles of the recently announced DEI Taskforce.

Transfix Announces Partnership with Highway to Enhance Carrier Platform

Retrieved on: 
Tuesday, May 23, 2023

NEW YORK, May 23, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix") today announced a partnership with Highway, a carrier identification solution designed to reduce fraud and supercharge digital bookings. The integration aims to increase transparency and efficiency during the carrier compliance and onboarding processes.

Key Points: 
  • NEW YORK, May 23, 2023 /PRNewswire/ -- Transfix, Inc. ("Transfix") today announced a partnership with Highway , a carrier identification solution designed to reduce fraud and supercharge digital bookings.
  • Highway improves efficiency by replacing the standard practice of vetting a carrier through multiple sites.
  • By integrating Highway's Carrier Identity Engine into the Transfix Carrier App (formerly known as Transfix FMS), both carriers with and without an existing Highway account will benefit from a faster insurance review and onboarding experience.
  • We are grateful for their early impact, their trust in our team, and we are excited about the future with Transfix," said Michael Caney, CCO of Highway.

MINT HOUSE APPOINTS CHRISTIAN LEE AS CEO TO DRIVE NEXT PHASE OF GROWTH, FOUNDER WILL LUCAS NAMED CHAIRMAN OF THE BOARD

Retrieved on: 
Tuesday, March 14, 2023

NEW YORK, March 14, 2023 /PRNewswire/ -- Mint House, the leading tech-enabled residential hospitality company, announced today the appointment of Christian Lee as Chief Executive Officer. Lee was recruited by Mint House Founder and previous CEO, Will Lucas, to further scale and drive its next phase of growth. Lee's career spans 25 years of operations, finance, strategy, and corporate development roles at both disruptive startups and Fortune 100 companies. Mint House operates over 25 properties across 16 markets, serving business and leisure travelers with design-forward spaces that offer the amenities and conveniences of a home with the service, consistency and reliability of a high-end hotel. 

Key Points: 
  • NEW YORK, March 14, 2023 /PRNewswire/ -- Mint House , the leading tech-enabled residential hospitality company, announced today the appointment of Christian Lee as Chief Executive Officer.
  • Lee was recruited by Mint House Founder and previous CEO, Will Lucas, to further scale and drive its next phase of growth.
  • Lee's career spans 25 years of operations, finance, strategy, and corporate development roles at both disruptive startups and Fortune 100 companies.
  • MINT HOUSE APPOINTS CHRISTIAN LEE AS CEO TO DRIVE NEXT PHASE OF GROWTH, FOUNDER WILL LUCAS NAMED CHAIRMAN OF THE BOARD
    Lee previously served as Chief Financial Officer of Transfix, a leading transportation solutions provider with digital brokerage capabilities and logistics software offerings, where he oversaw all finance functions, ESG reporting, and strategic initiatives.