Business, Free News Articles, Transportation

KLLM Transport Services Announces Largest Driver Pay Increase in Company History

JACKSON, Miss. -- KLLM Transport Services (KLLM), one of the leading temperature-controlled, truckload carriers in North America, announced today the largest comprehensive pay and compensation increase in company history.

"KLLM drivers have been nothing short of remarkable over the last few years through some challenging times in the transportation industry. They've stepped up to the plate every time they've been asked to keep food on the shelves and stores stocked," said Jim Richards, KLLM President and CEO. "We are thrilled to pass along the largest pay increase in company history starting in February and the response from our current drivers has already been tremendous. Our leadership has taken feedback and put it into action with not only increasing driver wages, but also moving to practical miles, paid time off, and higher guaranteed weekly pay options."

Every Over-the-Road (OTR) and Regional company driver and independent contractor leased on with KLLM across the country will receive a pay and compensation increase in February with OTR company drivers set to see the highest cents per mile bump of almost 33 percent. KLLM Driving Academy students coming out of training have the option to go company driver or independent contractor immediately and will also see their earning potential jump 33 percent.

Regional company drivers and independent contractors will see their pay and compensation rise 10 to 16 percent in February with every regional company driver position in the company having a guaranteed weekly minimum pay option.

"Guaranteed minimum weekly pay options is something we implemented over the last year and have now rolled out nationwide to our regional company drivers keeping their wages more predictable," said Richards. "If available to drive, they know exactly how much they'll bring home each week versus having the ups and downs that can occur in some instances."

Paid earned time off for OTR company drivers will also be implemented soon where drivers who have earned home time will now be paid for the days they're off the road.

"The men and women on the road for KLLM each day will always be our greatest asset and this announcement today is driver-focused with their wants and needs in mind," said Richards. "Paid home time focuses on drivers and their families, and we're pleased to offer that to our OTR company drivers. They'll now be paid while spending time off the road with their loved ones."

With more than 55 years of exceptional service, KLLM partners with some of the largest brands in America each day within the lower 48 states and with service into Mexico.

To learn more about KLLM please visit https://www.kllm.com/.

About KLLM Transportation Services

KLLM Transportation Services (KLLM) is one of the largest and most prestigious truckload, temperature-controlled carriers in North America with services also into Mexico. Headquartered in Jackson, Miss., KLLM offers a range of transportation solutions including Over-the-Road (OTR), Regional, Dedicated, Intermodal, and Logistics. KLLM delivers unrivaled service to some of North America's largest brands each day and has done so for more than 55 years since its founding in 1962. You can learn more about KLLM by visiting https://www.kllm.com/.

Related link: https://www.kllm.com/

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Business, Free News Articles, Software, Transportation

Capstone Logistics Signs Definitive Agreement to Acquire Insource Performance Solutions

PEACHTREE CORNERS, Ga. -- Capstone Logistics, LLC ("Capstone" or the "Company"), a leading provider of end-to-end supply chain solutions, announced today that it has acquired Insource Performance Solutions, LLC ("Insource") for cash from management. Insource is a Charlotte, North Carolina-based warehouse services company providing a range of value-added, outsourced services to distribution centers. Founded in 1997, Insource serves a variety of customers at 27 distribution facilities in eight different States.

"We've been following the Insource story for a long time and are very impressed with the way they have grown their company," said Steve Taylor, Chief Executive Officer of Capstone. "With this transaction, Capstone not only broadens its service offerings and customer base further into Consumer Packaged Goods Retail, but we are also bringing on an experienced, well-regarded management team. Mike Price and his colleagues are a natural fit with how we run Capstone, and we are excited about the opportunity to partner with them."

"With their national footprint and resources, Capstone is the ideal partner for Insource to continue growing with our distribution and consumer products clients," said Mike Price, CEO of Insource. "We share a passion for service and a commitment to a performance-based model that benefits both our client partners and associates. Once we met Steve and his team, it was clear that our cultures were very similar, and the benefits to combining both companies would be substantial for our team members and clients."

Capstone is currently owned by affiliates of H.I.G. Capital and The Jordan Company, L.P. and Capstone's management team.

About Capstone Logistics

Capstone Logistics is a national 3PL which provides specialized, technology-enabled solutions for the most challenging supply chains. Underpinned by a powerful, interconnected platform, Capstone creates end-to-end efficiencies and cost-savings that help suppliers, distributors, and retailers exceed customer expectations. From performance-driven labor solutions to high-touch transportation and fulfillment, Capstone delivers the scale, accountability, and continuity that enables modern supply chains to compete in an ever-evolving environment. For more information, visit https://www.capstonelogistics.com/.

About Insource Performance Solutions, LLC

Insource is a warehouse services company providing a range of value-added, outsourced services to distribution centers. The Company works to refine, manage, and execute labor-intensive processes within customers' manufacturing and distribution facilities to produce outstanding performance-based results. For more information, visit https://www.insourceperforms.com/

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with over $45 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/value-added approach:

1. H.I.G.'s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.

2. H.I.G.'s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.

3. H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices.

4. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm's current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at https://www.higcapital.com/.

About The Jordan Company

TJC, founded in 1982, is a middle‐market private equity firm that has managed funds with original capital commitments in excess of $17 billion and a 39‐year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Industrials, Transportation & Logistics, Healthcare & Consumer, and Telecom, Technology & Utility. The senior investment team has been investing together for over 20 years and is supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. TJC has offices in New York, Chicago and Stamford. For more information, please visit https://www.thejordancompany.com/.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Related link: https://www.capstonelogistics.com/

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Business, Free News Articles

XLR8 Companies Announces its New Operations Office in Valencia, California

VALENCIA, Calif. -- On December 1, 2021, Xelerate Logistics LLC ("XLR8") announced a new branch opening in Valencia, California, located strategically 30 miles away from the Los Angeles / Long Beach Port. This fully staffed, operations office has been added to XLR8 as a necessary expansion for the New York based company to keep with increasing demand and a growing repertoire of clientele.

As the past 2 years in a post pandemic economy has shown, Long Beach Container Terminal and the Port of Los Angeles / Long Beach has been one of the most contentious areas for supply chain industry in the United States. Setting up an operations office out of Valencia specifically allows XLR8 to continue servicing its clients with priority to the unique issues coming from LBCT, while also working in unison with its partners and vendors in Los Angeles.

The California office opening works in tandem with XLR8's headquarters in New York and is being overseen by company management in Manhattan for smooth integration of the companies operating system and its service requirements. Xelerate Logistic LLC continues its commitment to superior service for its clients and holistic solutions for dynamic changes to the supply chain industry.

About Xelerate Logistics LLC

Xelerate Logistics LLC is a New York based company with Headquarters in New York City with offices in Commack, NY & Los Angeles, CA, and Global Operations in Canada, Asia, Africa & Middle East. The founding members of XLR8 managed and ran asset-based lending companies with portfolios in aggregate of over $500 million over the past 20 years; and are now looking into a fund of over $2 Billion.

In addition to bringing their networks and expertise into XLR8, the team created an end-to-end supply chain and logistics management company that can finance the customer's needs from manufacturing through end delivery. The company provides services related to shipping (ocean and air), both domestic & international, financing and funding options through its supply chain solutions.

For more info, please call, 877.712.6888, email info@xlr8companies.us or visit our website: https://www.xlr8companies.us/index.html.

Related link: https://www.xlr8companies.us/index.html

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Business, Free News Articles, VAR and IT Consulting

SRSI joins MHEDA, the Material Handling Equipment Distributors Association

DALLAS, Texas -- SRSI has joined MHEDA, the Material Handling Equipment Distributors Association. MHEDA is the premier trade association dedicated to serving the material handling community. MHEDA programs and services are accessed by thousands of industry professionals each year who are seeking to help their business stay competitive and their employees stay connected.

As a part of this network of industry professionals, SRSI is able to access professional development programs, best practice benchmarking and networking opportunities, all specific to the material handling industry.

"Joining MHEDA is exciting and necessary for us to continue growing and succeeding in our space," notes Benjamin York, SRSI CEO. "We look forward to showcasing more of SRSI, networking with other industry leaders, and introducing more industry-breaking solutions to the market. MHEDA is a perfect avenue for us to connect with more of the Material Handling industry."

ABOUT SRSI:

SRSI is a material handling systems integrator specializing in automation and warehouse information systems. They provide comprehensive, turnkey solutions to meet and exceed your performance goals. From inventory flow analysis, slotting and storage systems design, order processing, inventory control, to warehouse safety and even optimized labor and equipment utilization, SRSI has the breadth and depth of experience to design, execute and support your integrated system.

For more information, visit https://www.gosrsi.com.

SRSI's headquarter office is located in Dallas, Texas with regional offices and remote workspaces all over the United States including Colorado, North Carolina, Illinois, and Indiana to name a few. While growing quickly, SRSI currently has 35 employees and has been in business for three years.

ABOUT MHEDA:

The Material Handling Equipment Distributors Association (MHEDA) is the only national trade association dedicated solely to improving the proficiency of material handling distributors, integrators and suppliers. MHEDA represents close to 600 companies in the material handling equipment business. Located in suburban Chicago, the association provides services to companies seeking to improve their business through education, networking, benchmarking and best practices. For more information, visit http://www.mheda.org/.

Related link: https://www.gosrsi.com/

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Business, Free News Articles, Software

Certa Attracts More Top Talent, Marc Goldberg Departs Dun & Bradstreet to Head Customer Experience

SARATOGA, Calif. -- Certa, the leading third-party risk management platform, today announced the hiring of Marc Goldberg as Chief Customer Experience Officer. Formerly Chief Procurement Office and VP of Financial Shared Services at Dun & Bradstreet, Goldberg brings a decade of experience in Supply Chain and Vendor management to his new role.

"As a former Certa client, I've seen first-hand the potential of this product and its ability to fill a crucial gap in the market," stated Goldberg. "I'm looking forward to using my industry-specific learnings to further improve the customer experience. I believe passionately in our ability to disrupt the ESG space and how important that will be for the future of the supply chain."

As part of his new role, Goldberg will work to evaluate and improve on the entire customer experience at Certa, from acquisition to retention, helping to educate current customers on expanded use cases and provide new customers the tools they need to utilize the platform to its full potential. Customer experience has been a longstanding area of focus for Certa, who has a 100% retention rate across all accounts. The hiring of Goldberg marks an even larger investment into this critical business component.

Jagmeet Lamba, Certa founder, said: "Marc brings valuable experience in the ESG and TPRM space but most importantly, he's evaluated our customer experience from an external perspective and will have great insight into how we can make it even better. Our customers are the number one priority for our company and we're excited to have a seasoned executive manning such a crucial role."

In addition to family and work, Marc is passionate about raising funds and awareness for Pediatric Cancer. The first Wish he granted for Make-A-Wish was for Kate Rhoades, a young girl suffering with leukemia. After Kate passed, Marc vowed to carry on her mission and continues to serve on the board of Kate's Cause.

About Certa:

Certa is the fastest growing supplier management platform. Founded in 2015, Certa makes third-party risk management fast, easy, and modern. Using 80+ no-code integrations with trusted data sources, Certa helps companies onboard third-parties 3x faster while mitigating risk and improving compliance controls. Certa's clients include several Fortune 50 retailers and a Top 3 consulting firm. Certa is headquartered in the San Francisco Bay Area.

For more information or to schedule a demo visit https://www.getcerta.com/.

Related link: https://www.getcerta.com/

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Business, Free News Articles, Manufacturing, Transportation

SIERA.AI Announces Q3 FY21 New Customers and Expanded Deployment

AUSTIN, Texas -- SIERA.AI a leading innovator of digitization and safety solutions for preventing industrial forklift accidents announced today the continued rapid growth of new customer wins and expanded deployment of its SIERA.AI S2 and S3 forklift digitization and safety solutions.

The Company has secured eleven (11) significant new contracts in multiple industry verticals and quadrupled revenue Quarter over Quarter. The eleven new contracts include verticals in retail, food and beverage manufacturing, trading, and general manufacturing.

New customers selected our industry-leading slow to a safe stop, pedestrian detection (partial & full), forklift access control, impact detection / measurement, and electronic inspection with real-time digital data collection and graphical analytics displayed in our online telemetry Dashboard, aimed at preventing forklift accidents, injuries and damages. Several new customers replaced existing telemetry solutions as a result.

"It's great working with SIERA.AI," said I. Serbin of Ken's Foods. "They are open to work with and customize to our needs. They take our feedback and work with us to address any concerns. It has been a rewarding and profitable experience."

Customers' commitment to operator and pedestrian safety, coupled with a strategic commitment to digital transformation continues to drive expanded sales and deployment of SIERA.AI products.

"Our goal is to continue developing and delivering proactive safety solutions that track and prevent forklift accidents," said Saurav Agarwal, president & CEO of SIERA.AI. "That's what our customers want, and that's what we want for every facility worldwide."

About SIERA.AI

SIERA.AI is a premiere provider of industrial vehicle mobility safety solutions. Our innovative safety solutions transform the way operations make decisions with our real-time data collection and graphical analytics Dashboard powered by our S2 Digital Forklift Inspection with Impact Detection, S3 Pedestrian Detection and S3 Slow to a Safe Stop. We aim to help each customer achieve Zero accidents in every facility worldwide.

For more information visit https://www.siera.ai/.

Related link: https://www.siera.ai/

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Alliances and Partnerships, Business, e-Commerce, Free News Articles, Transportation

Capacity LLC announced today that it has entered into a strategic partnership with Mitsui USA

NORTH BRUNSWICK, N.J. -- Capacity LLC ("Capacity"), a leading technology-driven provider of eCommerce and retail fulfillment, announced today that it has entered into a strategic partnership with Mitsui & Co. (U.S.A.), Inc. ("Mitsui USA"). Mitsui USA is a wholly-owned subsidiary of Mitsui & Co., Ltd., one of the most diversified and comprehensive trading, investment, and service enterprises in the world. The partnership combines Capacity's proven 20-year track record with Mitsui USA's global reach and capabilities in the logistics sector.

"Capacity has chosen a highly respected strategic partner with a global network and a deeply compatible cultural mindset of prioritizing the needs of its customers. Mitsui USA will further support Capacity's operations, our commitment to customers, and growth into international markets," said Capacity CEO, Jeff Kaiden.

"Mitsui USA enjoys a long history of partnering with innovative and high-performing market leaders, fostering their vision, and helping to create value together. We are excited to support Jeff and his team in the next phase of Capacity's growth," said Matthew Maher, a General Manager at Mitsui USA's Financial and New Business Division.

Capacity's current management team will remain in place and continue to execute their vision. Terms of the transaction were not disclosed.

Republic Partners and Longsight Advisors acted as financial advisors to Capacity in the transaction. Sidley Austin LLP served as legal counsel to Capacity. O'Melveny & Myers LLP served as legal counsel to Mitsui USA.

For more information about Capacity LLC visit our website at https://www.capacityllc.com

More information on Mitsui USA may be found at https://www.mitsui.com/us

About Capacity LLC:

Since 1999, Capacity LLC has delighted clients and their customers by delivering exceptional order experiences, via custom-engineered fulfillment solutions, value-added services, and tier-one technology. Strategic locations on each coast and in the mid-west reduce transit times, facilitate cost-effective shipping, and provide flexible transportation solutions. Our coastal facilities are close to the major ports of Los Angeles/Long Beach and Newark/New York.

Capacity also has well-developed infrastructure serving the European market, with fulfillment operations in the UK near London's Gatwick Airport, in partnership with Yusen Logistics subsidiary ILG UK. The company provides domestic and international distribution for brands with a global reach.

Related link: https://www.capacityllc.com/

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Business, Free News Articles, Software, Transportation

CUB Works with Capstone Logistics on Last Mile Grocery Delivery

PEACHTREE CORNERS, Ga. -- CUB and Capstone Logistics are collaborating to bring grocery and liquor deliveries to Minnesota residents. Capstone is currently deploying 300 independent contractors to 80 grocery stores and 27 wine and liquor stores.

CUB selected Capstone because of its cost-saving delivery model, powered by its proprietary MileZero platform. The technology optimizes route planning and synchronizes deliveries to multiple store customers, creating efficiencies and reducing costs. Delivery information is shared in real-time with the consumer and CUB through a white-labeled app.

"Today's consumer is busier than ever, and they shouldn't be treated differently if they can't find time to purchase their groceries physically in one of our stores. Our new online grocery pickup and delivery experience allows us to better deliver on our My CUB, My Way promise, giving customers who shop at CUB access to the same benefits and experience whether they prefer shopping in our stores or online through curbside pickup or home delivery," said Chad Bersie, director of e-commerce at CUB.

"Our grocery delivery solution provides the technology and logistics execution retailers need to offer omnichannel fulfillment," said Jon Rydel, EVP of Capstone's Last Mile division. "As online grocery sales continue to skyrocket, improving service needs to be a priority; and with Capstone Last Mile, retailers can offer their own branded solution that improves the total customer experience."

About Capstone Logistics

Capstone Logistics is the leader in providing specialized, technology-enabled solutions for the most challenging supply chains. Powered by an interconnected platform, Capstone creates end-to-end efficiencies and cost-savings that help suppliers, distributors, and retailers exceed customer expectations. From performance-driven labor solutions to high-touch transportation and fulfillment, Capstone delivers the scale, accountability, and continuity that enables modern supply chains to compete in an ever-evolving environment.

To learn more, visit https://www.capstonelogistics.com/.

Related link: https://www.capstonelogistics.com/

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Awards and Honors, Business, Free News Articles, Transportation

Nestle USA Awards Capstone Logistics Broker of the Year for 2020

PEACHTREE CORNERS, Ga. -- Capstone Logistics, a leading provider of end-to-end supply chain solutions, has been named 2020 Broker of the Year by Nestle USA. Capstone's freight management division has served Nestle USA for more than five years, steadily growing the relationship each year.

Nestle USA leaders chose Capstone as Broker of the Year because of strong performance across several key areas: communication, innovation, service and account management, visibility, technology, and reliability.

"We are incredibly proud to have achieved this accolade from Nestle USA, the largest CPG company in the world," said Ross Vigil, EVP of Client Management - Freight Management at Capstone. "To have our team's commitment to service and innovation recognized by one of the strongest supply chain teams in the country is a tremendous honor."

Capstone provides high-touch transportation solutions powered by best-in-class technology. From handling high-risk temperature-controlled business to high-stakes production-line and retail shipments, Capstone has the operational expertise and carrier network to provide an exceptional experience to partners that require careful handling, meticulous execution, and end-to-end visibility.

Capstone's presence in more than 550 distribution centers gives partners unique access to actionable insights and support that can lead to faster driver turn times, reduced costs, operational efficiency, and shipper of choice status.

About Capstone Logistics

Capstone Logistics is the leader in providing specialized, technology-enabled solutions for the most challenging supply chains. Powered by an interconnected platform, Capstone creates end-to-end efficiencies and cost-savings that help suppliers, distributors, and retailers exceed customer expectations. From performance-driven labor solutions to high-touch transportation and fulfillment, Capstone delivers the scale, accountability, and continuity that enables modern supply chains to compete in an ever-evolving environment. To learn more, visit https://www.capstonelogistics.com/.

Related link: https://www.capstonelogistics.com/

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