SGS inks supply chain deal with Savi Technology
SGS and Savi Technology, a wholly-owned subsidiary of Lockheed Martin, announced an exclusive, multi-year, worldwide strategic alliance to develop, promote, market and deliver a first-of-its-kind service that will enable countries and organizations to track and monitor cargo and shipments in real-time.
The alliance will support a new SGS service called SGS OMNIS. SGS OMNIS will help ensure that critical shipments of materials reliably get to their intended destination without loss for the government and incidentally the owner of the goods. This will result in substantial cost savings and help countries around the globe protect customs revenue while simultaneously reducing cargo piracy.
“This is truly a landmark agreement. With our decades of experience delivering value-added solutions to countries and public organizations around the globe, we are now even more able to deliver tracking capabilities via our partnership with Savi in one integrated offering,” said Roger Kamgaing, Vice President, Government & Institution division of SGS.
“The formalization of this alliance comes after more than 18 months of working together to implement this solution in various parts of the world, with outstanding results, and we expect to roll-out this new service to countries and organizations globally in the coming months and years.”
The exclusive alliance with Savi means that SGS can now deliver a reliable solution to track freight movements using GPS, GPRS, and satellite technology to give authorities full in-transit visibility and real-time event management that includes a wide range of alerts on risky and dangerous behavior. In addition, the solution tracks the precise location of the freight at all times.
With the use of geo-corridors, alerts will be sent to users if freight suddenly changes route, direction, or is delayed.
SGS OMNIS is delivered using the Savi Mobile Tracking System, the technology “engine” behind the solution. Savi Mobile Tracking System combines purpose-built, real-time mobile technology and new integrated software.
The SGS global reach and its proven and trusted track-record of integrity and reliability combined with Savi’s 20 years of experience in consignment and asset tracking will deliver a unique service.
“The alliance and global capabilities of SGS enable us to deliver the full power of the new Savi Mobile Tracking System,” said William Clark, President and CEO of Savi Technology. “This new application follows years of investment in supply chain and asset management software. Countries and organizations around the globe will be able to better manage their complex supply chains. The practical value of reducing risk, cost and uncertainty provide real, hard-dollar savings. Even greater is the peace of mind that SGS OMNIS can provide.”
For over a year, SGS and Savi have been working together to deploy early versions of the service and technology in Ghana and Kenya, where results have been impressive in reducing cargo losses and ensuring goods and supplies arrive where they are needed. Several other countries and organizations around the globe are evaluating the service.
Edited by Kevin Scarpati
Uber Freight to Acquire Transplace in $2.2bn Deal
Uber Freight is to acquire logistics technology and solutions provider Transplace in a deal worth $2.25bn.
The company will pay up to $750m in common stock and the remainder in cash to TPG Capital, Transplace’s private equity owner, pending regulatory approval and closing conditions.
“This is a significant step forward, not just for Uber Freight but for the entire logistics ecosystem,” said Lior Ron, Head of Uber Freight, and former founder of the Uber-owned trucking start-up Otto.
Uber’s Big Play for Supply Chain
Transplace is one of the world's largest managed transportation and logistics networks, with 62,000 unique users on its platform and $11bn in freight under management. It offers truck brokerage and other capacity solutions, end-to-end visibility on cross border shipments, and a suite of digital solutions and consultancy services.
The purchase is the latest move by parent company Uber, which launched as a San Francisco cab-hailing app in 2011, to diversify its offering and create new revenue streams in all transport segments.
Transplace said the takeover comes amid a period of “accelerated transformation in logistics”, where globalisation, shipping and transport disruption, and widespread volatility are colliding.
Uber Freight plans to integrate the Transplace network into its own platform, which connects shippers and carriers in a dashboard that mirroring the intuitive experience found in its consumer vehicle booking and food ordering services.
“This is an opportunity to bring together complementary best-in-class technology solutions and operational excellence from two premier companies to create an industry-first shipper-to-carrier platform that will transform shippers’ entire supply chains, delivering operational resilience and reducing costs at a time when it matters most,” said Ron.
Frank McGuigan, CEO of Transplace, said the resulting merger will offer enhanced efficiency and transparency for shippers, and benefits of scale for carriers. “All in all, we expect to significantly reduce shipper and carrier empty miles to the benefit of highway and road infrastructures and the environment,” he added.
History of Uber Freight
Uber Freight was established in 2017 and separated into its own business unit the following year. In 2019 the company had expanded across the entire continental US, established a headquarters in Chicago. Later that year it launched its first international division in Europe, initially from a regional foothold in the Nertherlands, and later moving into Germany.
The logistics spinoff attracted a $500m investment from New York-based Greenbriar Equity Group in October 2020, and launched a new shipping platform for companies of all sizes in May, partly in response to a driver shortage in Canada.