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Banyan Technology Recognized for Innovative Solutions to Supply Chain Challenges
Named to National Inbound Logistics Top 100 Logistics IT Provider List
CLEVELAND, OH (April 18, 2022) – Banyan Technology, the leading provider of freight management software for real-time rating and scheduling for over-the-road (OTR) shipments, has been recognized as a Top 100 Logistics IT Provider for 2022 by Inbound Logistics.
“We are honored to be recognized for our innovation and commitment to helping clients stay ahead of their unique supply chain challenges,” said Brian Smith, CEO of Banyan Technology. “Enhancing our LIVE Connect™ platform would not be possible without insight from our valued clients and the dedication of our talented Banyan Team Members.”
Each year, Inbound Logistics selects 100 technology providers who offer solutions designed to solve business logistics managers’ transportation, logistics, and supply chain challenges, and whose customer successes are well-documented. This past year Banyan’s focus on product development led to the release of a full suite of visibility tools, reporting dashboards and an extended product offering and rating connections for First/Final Mile services.
“Our clients save more than 12% on their freight by utilizing the features within our platform,” said Smith. “Our mission is to continue to develop easy to implement, affordable solutions that help them remain successful in their shipping operations.”
Focusing on innovation and a commitment to service, Banyan continues to announce the release of several new products and features within the LIVE Connect platform to help 3PLs and Shippers manage LTL, Truckload, First/Final Mile, and Parcel shipping. Upcoming product releases include Multi-Mode, rating and managing all modes on one screen, load consolidation functionality and expanded Truckload capabilities, to name a few.
“Every April for the past 24 years, Inbound Logistics editors have selected 100 logistics technology companies that enable logistics and supply chain excellence. Banyan Technology was recognized by Inbound Logistics for leading the way in 2022 and positioning enterprises for the years ahead,” said Felecia Stratton, Editor, Inbound Logistics magazine. “Banyan excels at providing solutions that drive supply chain excellence and answer IL readers' need for simplicity, ROI, and frictionless implementation. Inbound Logistics is proud to honor Banyan for continuing to offer our readers solutions that optimize logistics and supply chain excellence.”
Inbound Logistics editors recognize 100 logistics IT companies that support and enable logistics excellence. Drawn from a pool of more than 300 companies, using questionnaires, phone calls, personal interviews, and other research, Inbound Logistics selects the Top 100 Logistics IT Providers who are leading the way to efficiency for 2023. Editors seek to match readers' fast-changing needs to the capabilities of those companies selected. All companies selected reflect leadership by answering Inbound Logistics readers' needs for simplicity, flexible pricing, ROI, and frictionless implementation.
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About Banyan Technology:
As North America's leading provider of freight management software for real-time rating and scheduling for over-the-road (OTR) shipments, Banyan Technology provides innovative, flexible solutions within our LIVE Connect™ platform for less-than-truckload (LTL), Truckload (TL), First/Final Mile, and Parcel shipping. Our real-time intel, actionable insights, and instant access to information helps drive greater operational efficiencies and creates significant value for shippers, 3PLs, and supply chain partners. To learn more, visit www.banyantechnology.com or connect with us on LinkedIn, Facebook, and Twitter.
About Inbound Logistics
Inbound Logistics is the pioneering magazine empowering demand-driven enterprises. IL's educational mission is to guide businesses to efficiently manage logistics, reduce and speed inventory, and neutralize transportation cost increases by aligning supply to demand and adjusting enterprise functions to support that paradigm shift. More information about demand-driven logistics practices is available at www.inboundlogistics.com.
Grocery shoppers in Australia will soon be able to zip in and out of the store in record time, bypassing the lines for cashiers or self-checkout kiosks altogether. They can just walk in, make their selections, and walk out with their bags in hand.
The secret to this express shopping experience is the “Caper Cart,” an AI (artificial intelligence)-powered smart trolley from San Francisco-based Instacart. In its first deployment in the Asia Pacific (APAC) region, the system is being tested by Coles Supermarkets, a food and beverage retailer with more than 1,800 grocery and liquor stores throughout the country.
To get started, customers simply grab a grocery cart-sized smart trolley at the store’s entrance and begin shopping, depositing the items directly into shopping bags as they go. The Caper Carts use onboard AI, cameras, and a built-in scale to automatically recognize items as they’re added to the trolley. Customers can watch their running total display on a screen—just as if they were shopping online—then swipe their credit card on the trolley’s payment terminal to complete the purchase.
“As the first retailer in Australia to introduce AI-powered trolleys, we’re excited to offer our customers a convenient and engaging way to shop in-store, helping them save time, manage their budget, and check out faster—or at their own pace,” Coles’ chief digital officer, Ben Hassing, said in a release. “The Coles smart trolley illustrates our omnichannel approach, leveraging digital capabilities to enrich the in-store experience.”
If you’re looking to make the packaging process more eco-friendly, the obvious place to start is with the box itself. And that’s exactly what Salt Lake City-based Packsize did when it made its initial foray into sustainable packaging back in 2002. That year, the company launched its first product, an innovative on-demand packaging system designed to reduce cardboard waste (and the need for filler material) by creating a right-sized box for each shipment.
Now the company is ready for the next step: greening up the glue.
According to Packsize, 300 billion boxes around the globe are sealed using 500,000 tons of hot-melt adhesive every year, contributing significantly to global emissions generated by the paper-based packaging industry. In a bid to cut those emissions, Packsize recently teamed up with Henkel Adhesive Technologies, a unit of the German chemical and consumer goods company Henkel, to launch Eco-Pax, a bio-based hot-melt adhesive designed to lower carbon footprints without sacrificing performance.
Eco-Pax is made from bio-based raw materials, forgoing traditional fossil-based ingredients. The adhesive will soon be used on more than 340 million boxes produced annually using Packsize’s right-sized packaging machines. That single change is expected to reduce Science Based Targets Initiative (SBTi)-relevant greenhouse gas (GHG) emissions up to 32%, which is equivalent to the burning of 1.75 million pounds of coal, the partners said.
“Partnering with an innovative leader like Packsize to launch a bio-based adhesive solution is a big step toward building a more sustainable packaging value chain,” Kevin Heffernan, head of business development, North America, consumer goods adhesives, Henkel Adhesives Technologies, said in a release. “Together, we’re setting a new standard for sustainability in packaging while delivering the high-performance brands and consumers trust.”
MOORESTOWN, NJ (December 18, 2024) OPEX® Corporation, a global leader in Next Generation Automation providing solutions for document, mail, and warehouse automation, has been selected as a finalist in the 2024 NED (New Equipment Digest) Innovation Awards, which celebrates innovations in industrial technology, tools, and equipment that empower businesses to work faster, better, and more cost-effectively.
Introduced in March 2024, Sure Sort X with Xtract is a fully adaptable, turnkey offering designed to automate multiple manual tasks with a simple, one-touch solution.
The technology handles nearly 100% of customer-sortable items weighing up to 20 pounds and sorts items into a configurable array of mixed bin sizes and types, all while maintaining a consistent throughput of up to 2,100 items per hour.
“We are excited to once again receive this recognition, which honors our warehouse automation solutions that clients around the globe count on, as well as our culture of innovation,” said Alex Stevens, President, OPEX Warehouse Automation. “Sure Sort has long been a preferred warehouse automation solution for distribution centers and third-party logistics companies. Sure Sort X paired with Xtract has been developed to meet the evolving demands of the marketplace to deliver one integrated solution that automates the sort and order takeaway process.”
When Sure Sort X is paired with Xtract, totes are retrieved and their contents are transferred into shipping containers automatically, eliminating the need to manually sort and transfer boxes downstream. Xtract iBOTs can handle up to 200 extracted totes per hour.
The system can accommodate multiple market vertical workflows and greatly reduce the need for human interface. Installation can occur in as little as one week and return on investment can be realized within just two years.
For nearly five decades, OPEX has served as a trusted partner, collaborating closely with clients to develop customized, scalable solutions that transform how they conduct business.
About OPEX
OPEX Corporation is a global leader in Next Generation Automation, providing innovative, unique solutions for warehouse, document and mail automation. With headquarters in Moorestown, NJ, USA—and facilities in Pennsauken, NJ; Plano, TX; France; Germany; Switzerland; the United Kingdom; and Australia—OPEX has nearly 1,600 employees who are continuously reimagining and delivering customized, scalable technology solutions that solve the business challenges of today and in the future.
Columbus, OH – December 18, 2024 – Hy-Tek Intralogistics, a premier provider of software, systems and services for supply chain automation technology, has released an episode of its popular podcast Automation Insider that looks at warehousing trends for 2025.
Automation Insider is a podcast created for people interested in what is new and what is successful in logistics and automation technology across a wide range of industries.
“Warehousing is evolving faster than ever,” said Hy-Tek Intralogistics Solutions Design Lead and Automation Insider Host Joe McGrath. “Technology is no longer just a support tool—it’s becoming the driving force behind how we handle inventory, meet customer demands and tackle challenges like sustainability. As we move toward 2025, staying ahead means embracing the trends shaping the future of logistics.”
From smarter warehouses powered by AI to green logistics initiatives, Hy-Tek takes a look at the top trends transforming warehousing and why they matter for your business.
Fans of the podcast can contact show producer Amanda Powers at AutomationInsider@hy-tek.com to provide feedback and ideas for the podcast, or to become a guest on the show. You can also listen on Spotify, YouTube or Apple.
About Hy-Tek Intralogistics
Bringing unique solutions to material handling challenges, Hy-Tek is a leading end-to-end resource and automation technology integrator across a wide range of industries including manufacturing, distribution, retail, construction, food and beverage, pharmaceuticals, electronics and automotive that keep their supply chain moving seamlessly and efficiently.
Hy-Tek works with supply chain strategy and planning before integration and then leverages emerging technologies like the IntraOne® full stack software platform, robotics and traditional material handling automation to solve complex product and information flow inefficiencies. Through many hours of research, development and testing, Hy-Tek has created its Innovation Lab to present the future in motion and to show the new age of picking, transporting and storing of goods and equipment in real-time. With more than 425 employees, Hy-Tek serves customers in the United States, Canada and Mexico from offices in Georgia, Illinois, Kentucky, New Jersey, Ohio, Pennsylvania and Tennessee. For more information, visit www.hy-tek.com
COOKEVILLE, Tenn. — Averitt has promoted David Fussell to vice president of dedicated sales, following the retirement of Walt Gray.
Fussell joined Averitt in 1991 and has held several key positions throughout his career. He served as a transportation sales specialist in Decatur and Nashville, later becoming service center director in Little Rock. In 2018, he transitioned to director of dedicated sales, working closely with Gray to expand the company’s dedicated accounts and deliver customized solutions to customers.
“David’s extensive experience and leadership have been instrumental in expanding our dedicated services,” said Kent Williams, executive vice president of sales and marketing at Averitt. “We look forward to seeing continued growth under his leadership in this role.” For more information about Averitt’s Dedicated solutions, visit Averitt.com/Dedicated.
About Averitt
Serving shippers for over 50 years, Averitt is a leading provider of freight transportation and supply chain management solutions with an international reach of over 100 countries. Averitt's “Power of One” service structure provides shippers access to LTL, Truckload, Dedicated, Distribution & Fulfillment, and Integrated services that cover every link in the supply chain. Averitt’s team has been awarded the highest honors in the industry in the past year, including three Quest for Quality Awards, numerous customer awards, and a top ranking in MASTIO & Company’s shipper survey. Averitt's 8,500+ associates are dedicated to delivering the most reliable services within the industry and promoting a company culture centered around people, communities, sustainability, and giving back. For more information, call 1-800-AVERITT (283-7488) or visit Averitt.com.