Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

I.D. Systems Secures New Orders from Leading Global Intermodal Shipping Company for VeriWise® Inter

I.D. Systems Secures New Orders from Leading Global Intermodal Shipping Company for VeriWise® Inter
DC Velocity Staff
By DC Velocity StaffSep 13, 2016
DC Velocity Staff
See Full Bio

Woodcliff Lake, N.J. — September 14, 2016 — The Asset Intelligence subsidiary of I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management technology and solutions for the Industrial Internet of Things, has secured a new order from a global intermodal shipping company for 3,500 VeriWise® Container tracking systems to be deployed on its fleet of newly purchased containers. The order follows a previous order placed in Q1 2016 from the customer for an initial 1,500 VeriWise Container tracking systems.

The customer, an industry leader in intermodal container shipping, chose Asset Intelligence to provide an advanced tracking solution for its assets to ensure the most efficient utilization of its new containers, as well as deliver the highest level of service to its customers. With greater visibility into the status and location of its assets, the customer is able to provide up to date information to its customers on the status of their shipments.

Additionally, the VeriWise Container system provides critical insight into container load status and shipment cycle times, information required to enable improvements in efficiency and asset utilization. Through the VeriWise IQ® Analytics platform, the company is able to monitor key performance indicators, and gain insight into historical operational performance.

Ken Ehrman, CEO of I.D. Systems, said, "These new orders from one of the largest intermodal shipping companies in the industry encourages us to continue delivering on our promise to our customers to provide the best and most reliable fleet management technology in the transportation industry. We are very pleased that our customer is seeing the benefits from our intermodal container management solutions, and are eager to continue proving the value our solutions deliver."

About VeriWise® Container Management Solutions
The VeriWise Intermodal Container tracking solution helps carriers maximize container utilization and efficiency, and minimize idle time by providing:
• Real-time location status reporting and notifications;
• Real-time data on load status throughout the shipment cycle using VeriWise patented ultrasonic cargo sensing and light sensing technologies. VeriWise Container is the only integrated solution that provides full 53' length cargo load status and door status without the need for wired sensors;
• Improved shipment cycle times by an average of 72 hours per container per month, and increased shipment volume and revenue by 10%, without increasing fleet size.

More Info: https://www.id-systems.com/i-d-systems-secures-new-orders-from-leading-global-intermodal-shipping-company-for-veriwise-intermodal-container-systems/

Industry Press Room
Industry Press Room

The Latest

reagan national DCA airport pic
Disaster Response

Reagan National airport plans to reopen today after deadly crash

More Stories

Toyota Material Handling MidSouth’s Forklift Donation Raises $40,000 for Higher Education

Toyota Material Handling and Toyota Material Handling MidSouth partner to donate 5,000-pound-capacity pneumatic forklift at Concrete Industry Management’s annual charity auction.

Photo courtesy of Toyota Material Handling

Toyota Material Handling MidSouth’s Forklift Donation Raises $40,000 for Higher Education

LAS VEGAS, Jan. 28, 2024 – Toyota Material Handling MidSouth, a full-service dealer for Toyota Material Handling, showcased its dedication to fostering the next generation of industry professionals by donating a 5,000-pound-capacity Toyota Core IC Pneumatic forklift to the Concrete Industry Management’s (CIM) annual charity auction on January 22.

The forklift’s winning bid of $40,000 significantly contributed to the auction’s total proceeds of $2.15 million, supporting CIM’s mission to address the growing demand for skilled professionals in the concrete industry. Offered at five universities, CIM equips students with technical, communication and management expertise, preparing them for successful careers in a rapidly evolving industry. Proceeds from the auction are used to assist CIM in funding higher education programs that offer degrees in concrete industry management.

Keep ReadingShow less

Featured

NMFTA to release proposed freight classification changes this week
Featured

NMFTA to release proposed freight classification changes this week

diagram of lithium-ion battery in EV
Batteries/Chargers/Motors/Fuel

Lithium refinery to build $1.2 billion factory in Oklahoma

a blurred image of a forklift in a warehouse
Material Handling

Lift Truck Roundtable: An inside look at a volatile market

cargo handling cranes at a port
Cranes

Port of Savannah got four more ship-to-shore cranes on Saturday

a port yard with artificial intelligence
Artificial Intelligence

​Putting artificial intelligence to work

warehouse workers handling boxes
Supply Chain Optimization Software

Aptean picks up fellow supply chain software vendor Logility

Chang Robotics launches 'The Chang Robotics Fund' - A Seed Stage Venture Capital Fund targetting a $50M Raise to Specialize in Disruptive Technology

JACKSONVILLE, Fla., Jan. 27, 2025 /PRNewswire/ -- 2,750 miles away from Silicon Valley, Matthew Chang, founder of Chang Robotics, today announced his next business venture: The Chang Robotics Fund. The Fund is targeting a $50M raise to address the numerous needs and market opportunities the Chang Robotics engineering team identified in their daily operations by investing in disruptive technologies designed to confront the industry's most urgent challenges—from labor shortages to energy efficiency to environmental remediation. By utilizing innovative intellectual property and the engineering and management expertise of Chang Robotics, the Fund seeks to scale its targeted innovations into impactful, transformative, and profitable businesses.

Global industries, from manufacturing to healthcare, face mounting pressures such as intensifying global competition, workforce constraints, escalating expenses, and the urgent need for environmental restoration. Tackling these issues demands a new paradigm of intelligent automation, energy efficiency, and sustainable innovation.

Keep ReadingShow less

Adelante SCM and Magaya Release Report on the 2025 State of Digitization in Freight Forwarding

Miami, FL – January 28, 2025 – Magaya Corporation, the leading freight management platform for logistics service providers (LSPs), today released a report detailing the state of digitization in freight forwarding and the divide that presently exists between shipper expectations and forwarder capabilities.

In November 2024, independent research firm Adelante SCM and Magaya surveyed executives in the logistics services industry, as well as supply chain and logistics executives from manufacturing, retail, and distribution companies. The research found a substantial gap between what the shippers expect in terms of technological capabilities and what their logistics service providers currently offer.

Keep ReadingShow less

ORTEC Joins Wine & Spirits Wholesalers of America (WSWA)

Atlanta, GA – ORTEC, a leader in advanced analytics and optimization solutions, is excited to announce its membership in the Wine and Spirits Wholesalers of America (WSWA), the only national membership organization dedicated to wine and spirits distributors.

“Joining WSWA is an important milestone for ORTEC toward our goal to become a trusted technology partner to wine and spirits distributors,” said Mat Witte, CEO of ORTEC Americas. “We envision a future of collaborating with fellow members to drive innovation and optimize operations that benefit their business, their customers, and the industry as a whole.”

As a member of WSWA, ORTEC is committed to leveraging its expertise in advanced analytics and optimization to support the goals of the wine and spirits distribution industry. This collaboration will enable ORTEC to share insights and innovative solutions that can help streamline loading and delivery while improving efficiency across the sector.

About ORTEC
ORTEC is a leading provider of advanced analytics and optimization solutions, dedicated to helping organizations enhance their operational efficiency and decision-making processes. With a strong focus on innovation, ORTEC leverages cutting-edge technologies and data-driven insights to address complex challenges across a number of industries, including logistics, manufacturing, and healthcare. The company’s commitment to continuous improvement and collaboration with clients enables businesses to optimize their resources, reduce costs, and drive sustainable growth. By integrating advanced analytics into their operations, ORTEC empowers organizations to make informed decisions that lead to transformative outcomes and a competitive edge in the market. Discover more at ORTEC | NEWS.

About WSWA
WSWA plays a vital role in advocating for the interests of distributors on federal, state, regulatory, and legal issues that impact the beverage alcohol industry. The organization focuses on critical policy areas, including taxation of family-owned businesses, state-based alcohol regulation, social responsibility, and impaired driving prevention. Additionally, WSWA offers programs designed to promote the careers of its members and help their businesses thrive in a diverse and dynamic industry. Learn more at wswa.org.

KUKA to Showcase Cobots for Medical Applications at AAOS Meeting

SHELBY TOWNSHIP, Mich., Jan. 28, 2025 – Targeting the reduction of work-related injury for healthcare workers and shortening time-to-market for medical device OEMs, KUKA Robotics will bring two advanced medical innovations featuring cobot automation to the American Academy of Orthopedic Surgeons (AAOS) annual meeting in booth #540. The event takes place in San Diego, California, March 10-14, and attendees will see how KUKA’s LBR iisy cobot solution helps reduce the incidence of arm and shoulder injury to ultrasound technicians and sonographers. A second cobot demonstration will feature a KUKA Robot Development Kit using a LBR MED 14 R820 cobot that helps slash development time for unique medical device solutions.

Because of the repetitive nature of their work, sonographers and ultrasound technicians commonly experience musculoskeletal disorders such as tendonitis and rotator cuff injury from their work that requires them to apply pressure with abnormal arm and shoulder positioning. Using robot technology such as KUKA’s LBR iisy cobot, however, can take the strain off these technicians by precisely conducting these repetitive exams autonomously. Equipped with a Haply Inverse3 Hapatic Feedback Teleop Device and an OptoForce FT Sensor, the LBR iisy robotic arm can be controlled and manipulated to apply the proper amount of force to the imaging head for a proper reading.

Keep ReadingShow less
Copyright ©2025.