Awards and Honors, Business, Free News Articles

Capstone Logistics Named Supply Chain Management Partner of the Year by Nissan North America

ATLANTA, Ga. -- Capstone Logistics, a leader in end-to-end supply chain solutions, has been named Partner of the Year by Nissan North America. The company was honored in the Supply Chain Management category at Nissan's recent Annual Supplier Conference in Nashville, Tennessee.

Capstone earned the honor for its exceptional service throughout Nissan's North American logistics network, particularly its warehouse management services supporting manufacturing operations in Canton, Mississippi.

Chris Bray, Executive Vice President of Capstone Logistics, expressed gratitude for this recognition, stating, "This achievement reflects our focus and unwavering dedication to service and partnership. We sincerely appreciate Nissan North America for acknowledging Capstone with this award."

This accolade highlights Capstone's expanding expertise in the automotive logistics sector, further solidifying the company's position as a trusted partner within Nissan's supply chain ecosystem.

About Capstone Logistics:

Capstone Logistics, headquartered in Peachtree Corners, GA, is a leading third-party logistics company. It provides warehouse services, freight management, and final-mile distribution solutions throughout the United States. Capstone partners with some of the world's most-recognized brands throughout a variety of industries, including retail, grocery, automotive, food manufacturing, home improvement, healthcare, and more. To learn more about Capstone, visit: https://www.capstonelogistics.com/.

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

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles

Capstone Logistics Announces Acquisition of Last Mile Distribution Provider Rapid Response Delivery

PEACHTREE CORNERS, Ga. -- Capstone Logistics, LLC ("Capstone" or the "Company"), a leader in end-to-end supply chain solutions, announces the acquisition of Rapid Response Delivery ("Rapid Response"). Rapid Response is a Maryland-based company that has been in business for over twenty years, providing final-mile delivery services throughout the mid-Atlantic region.

"The acquisition of Rapid Response continues the expansion of Capstone's service offerings and customer base, particularly within the last mile delivery market," said Steve Taylor, Chief Executive Officer of Capstone. "This strategic move reinforces Capstone's position as a leading logistics provider, offering a full range of warehousing services, last mile delivery solutions, and transportation management."

"We are excited to partner with the team at Rapid Response. Their operational execution, extensive service capabilities, and geographic reach perfectly complement our existing business, providing greater options and opportunities for our partners."

Capstone is owned by affiliates of H.I.G. Capital ("H.I.G."), TJC, L.P. ("TJC"), and Capstone's management team.

About Capstone Logistics

Headquartered in Peachtree Corners, Georgia, Capstone Logistics is a leading third-party logistics company. It provides a comprehensive suite of warehouse, last-mile distribution services, and freight management across the United States and Canada. Capstone partners with some of the world's most-recognized brands throughout a variety of industries, including retail, grocery, automotive, food manufacturing, home improvement, healthcare, and more.

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

About Rapid Response

Rapid Response is a Maryland-based transportation and delivery company providing a range of last mile solutions, such as medical/pharmaceutical delivery, postal distribution, e-commerce small parcel delivery, pool distribution, and cross dock services. Founded in 1999, Rapid Response proudly serves a variety of customers across Maryland, New Jersey, Pennsylvania, Delaware, Virginia, and Washington D.C.

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with $55 billion of equity capital under management.* Based in Miami, Florida and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the United States, 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 400 companies worldwide with combined sales in excess of $52 billion.

For more information, please refer to the H.I.G. website at https://higcapital.com/.

About TJC

TJC, founded in 1982, is a middle-market private equity firm that has managed funds with original capital commitments in excess of $19.0 billion since 1987 and has a 41-year track record of investing in and contributing to the growth of many businesses across a wide range of industries including Logistics & Supply Chain; Diversified Industrials; Healthcare & Consumer; Technology, Telecom & Power; and Tactical Opportunities. The senior investment team has been investing together for over 20 years and has completed more than 150 platform investments and 500 add-on acquisitions. The investment team is supported by the Operations Management Group, which was established in 1988 to initiate and drive operational improvements in portfolio companies. Headquartered in New York, TJC also has offices in Chicago, Stamford and Miami.

For more information, please visit TJC's website at https://www.tjclp.com/.

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

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

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Awards and Honors, Business, Free News Articles

Capstone Logistics Named 2022 Top Food Chain Provider by Food Chain Digest

PEACHTREE CORNERS, Ga. -- Capstone Logistics, a leading provider of end-to-end supply chain solutions, has been recognized as a 2022 "Top Food Chain Provider" by Food Chain Digest, the official magazine of Food Shippers of America (FSA). FSA brings together a community of supply chain and logistics professionals from the food and beverage industry and their suppliers to facilitate education and networking opportunities and improve supply chain efficiency.

The Top Food Chain Provider program highlights third-party logistics companies (3PLs), freight brokers, motor carriers, rail/intermodal, and maritime companies (ocean carriers and port authorities) that excel in capabilities and service to food transportation, logistics, distribution, and supply chain management, according to Brian Everett, group publisher and editorial director of Food Chain Digest.

"Food shippers rely upon their logistics partners and carriers to help manage a productive, efficient and seamless food chain," said Everett. "A common theme for the companies on the 2022 list is that they have been providing significant value to food shippers when demand in all modes has been surging while the people and assets needed to move and store goods and materials remain scarce. This program highlights leaders like Capstone Logistics, LLC helping shippers navigate their food chain challenges and accomplish their business goals."

According to Everett, this is the first year that Food Chain Digest has deployed this recognition program to serve as a resource to food shippers as they secure partners and capabilities in managing their supply chain strategy and execution.

Here's how the program works: First, nominations were made by food chain providers and reviewed by the staff of Food Chain Digest. Requirements of all candidates are that they are a 3PL, freight broker, motor carrier, rail/intermodal provider, or maritime company that generates at least U.S. $5 million in gross global sales. These nominations were evaluated based on the value provided to food shippers, achievements accomplished in the last 12-18 months, and solutions that have helped to solve a business problem for food shippers.

Next, nearly 6,000 participants in the food industry voted for nominated companies with the most robust reputation and value in the food chain technology segment. As part of the process, companies earning an adequate volume of votes are validated, which helped to identify the companies named to the list.

To view a complete list of companies, visit https://www.foodshippers.org/ and click "Announcements."

About Capstone Logistics

Capstone Logistics, headquartered in Atlanta, GA, is a top end-to-end 3PL logistics company specializing in warehouse services, transportation management, and last-mile delivery and fulfillment. We partner with various sectors, including retail, grocery, food service, industrial, consumer products, home improvement, healthcare, and more. To learn more about what Capstone has to offer, visit https://www.capstonelogistics.com/.

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

This news story was published by the Neotrope® News Network - all rights reserved. ID:NEO2022

Business, Free News Articles, Transportation

XLR8 Companies Announce the appointment of Mitchner Ferdinands as Chief Operating Officer

NEW YORK, N.Y. -- On April 18, 2022, Xelerate Logistics LLC ("XLR8") announced the appointment of Mitchner Ferdinands as the Chief Operating Officer. Mitchner Ferdinands, who has 20 years of experience in the Supply Chain industry, has extensively travelled in many countries to troubleshoot and find innovative and pragmatic solutions to ever evolving supply chain industry.

As the companies new COO, Mr. Ferdinands will be heading the operations of XLR8 Companies and all its affiliates including the Non-Vessel Operating Common Carriers (NVOCC), and XLR8 Companies WEST that operates warehousing for Consolidations, Distributions & Ground Transportation.

Born in Sri Lanka and having graduated with a Master's in Business and other secondary education qualifications in supply chain; Mr. Ferdinands currently lives in Valencia, California.

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/

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

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Manufacturing, Safety and Security Solutions, Software

SIERA.AI Leads the Way with Preemptive Accident Control for Industrial Lift Trucks with Real-Time Access to Data and Assets

AUSTIN, Texas -- Connected Industrial Mobility leader, SIERA.AI, announced the advancement of the telemetry Dashboard for remote visibility and monitoring to drive efficiencies and reduce lift truck accidents.

Operational connectivity continues to grow as manufacturing, warehouse and distribution centers seek to improve mobile safety, efficiencies and agility. As the collection of data evolves toward proactivity, lift truck safety systems are required to capture data further up the incident process. A solution is needed to connect and track the growing number of lift trucks, incidents and influx of new workers.

To advance the identification of lift truck incidents, SIERA.AI's Near Miss Tracking is a key indicator for potential injuries, accidents or fatalities. In 2021, SIERA.AI tracked 1.1 million near misses and high, medium and low impacts, a collective result of real-time customer incidents. A further breakdown includes 12,300 pedestrian near misses and 27,400 object near misses. The analysis of the near miss tracking results shows the 'who' and 'where' so safety, facility and plant managers can determine the 'why' and preempt further incidents from occurring.

"Our customers are taking on critical mobile safety challenges. As they take on these challenges, companies demand a forklift safety solution that captures information further up the accident process," said Saurav Agarwal, Founder and CEO, SIERA.AI. "We're empowering our customers with critical data to understand the movements and challenges to achieve a zero-accident environment."

To further empower fleet and maintenance managers' ability to control non-production lift trucks and OSHA failed forklift inspections, SIERA.AI's enhanced Forklift Access Control, prevents unauthorized individuals from powering and operating a lift truck. The controls are situated in the telemetry online Dashboard for remote access and shut down.

"There are many reasons to shut down a forklift in production. For our customers, if a forklift fails an OSHA forklift inspection, management can automatically give an audio and visual notification to the forklift driver that they have 30, 42 or 61 seconds to pull over in a safe way to park the vehicle," said Suhas Ajuha, COO, SIERA.AI. "All controls are easy to find and use ensuring urgency is taken when a situation arises."

To learn more about SIERA.AI's Safety Mobility Solutions, contact sales@siera.ai. For all press inquiries contact cherise@siera.ai.

About SIERA.AI

SIERA.AI is a fast-growing venture-backed AI company in Austin, Texas that's building the future of connected industrial mobility. SIERA.AI's AI-enabled IoT devices and SaaS platform bring advanced vehicle safety and automation to the manufacturing and warehousing market. Our customers include top Fortune 500 manufacturing, warehousing and distribution centers. We have been recognized as one of 21 Austin startups to watch out for in 2021. Contact us at sales@siera.ai, press at cherise@siera.ai or visit our website at https://www.siera.ai/ or call 512-817-0702.

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

This news story was published by the Neotrope® News Network - all rights reserved.

Business, e-Commerce, Free News Articles, Product Launches, Software, Transportation

Capstone Logistics Launches CapstonePay for Digital Unloading Payments

PEACHTREE CORNERS, Ga. -- Capstone Logistics, a leading provider of end-to-end supply chain solutions, has announced the launch of CapstonePay, a remote payment system that enables truck drivers delivering into Capstone-supported facilities to electronically pay for unloading services without leaving their cab.

The web-based portal is a module in Capstone's Apex Technology suite and is the first payment solution to fully integrate directly with all major fleet check and fuel card providers, including Comdata and WEX. The industry-leading solution allows drivers to make payments instantly, in a contactless, fully automated manner.

CapstonePay improves the driver experience at Capstone partner facilities in several ways:

* FAST PAY, NO DELAY: Drivers get back on the road faster to increase their hours of service and ability to generate revenue.

* SECURE PAY: Automated and integrated authorization reduces fraud and driver wait time.

* NO PHONE CALLS: No need to verify check codes.

* NO CONTACT: Drivers pay by phone or tablet from the comfort of their truck.

* NO CHECKS: Drivers can pay directly with fuel cards.

* INSTANT TRACKING: Drivers and their companies receive instant, electronic receipts to guarantee quicker reimbursement.

* BEST SUPPORT: CapstonePay is backed by a 24-hour help desk.

"Paying for unloading services doesn't have to be complicated or costly for carriers due to time-consuming phone calls, lost hours of service, or failed reimbursements," says Ahmed Abdalla, Chief Technology Officer at Capstone. "The improved checkout process with CapstonePay saves carriers valuable time per unload, protects both drivers and shippers against lost receipts, and should help reduce the potential for fraudulent activity."

CapstonePay is one of several recent initiatives to improve the flow of inbound transportation at Capstone-supported facilities and help warehouse partners reduce dwell time, enhance the driver experience to improve retention, and minimize supply chain waste.

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/apex-technology-suite/

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

This news story was published by the Neotrope® News Network - all rights reserved.