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.
project44 Concludes Strong FY 2024 With Over 30% YoY Growth in Both SaaS and Total GAAP Revenue
Highlights Include AI Investments, an Expanded Global Presence and a Strengthened Executive Team
CHICAGO, May 30, 2024 – project44, the leader in supply chain visibility and the only High-Velocity Supply Chain Platform, today announced the company’s strong financial and operational results in the 2024 fiscal year. In FY 2024, project44 successfully executed on multiple business initiatives including significant investments in AI to enhance Movement™ to solve the world’s most complex supply chain challenges, expanding its international footprint, partnering with more major global enterprises and strengthening its executive team to position project44 for the next stage of growth.
“Over the past year, we were reminded of the fragility of supply chains as extreme weather and geopolitical conflicts continue to disrupt global trade,” said Jett McCandless, Founder and CEO of project44. “Our innovations are equipping global brands to be resilient and maintain high-velocity in the face of never-normal supply chains.”
project44 concluded FY 2024 with over 30% year-over-year growth in Software-as-a-Service (SaaS) and total GAAP revenue. With continued expansion of its network, project44’s platform provided unmatched breadth and depth of visibility. To meet growing demand, project44 opened a new European hub in Kraków, Poland. The company also added new customers in FY 2024 — including notable global brands like Toyota, Coca Cola European Partners, Kawasaki Heavy Industries, Ltd. and Constellation Brands.
New Products & Extended Capabilities
Among project44’s most notable accomplishments in FY 2024 was its rapid pace of innovation. A few highlights include:
• Extended Visibility: Released multiple AI-powered enhancements, merging data from carriers and freight forwarders to deliver complete, door-to-door visibility and eliminate costly blind spots at interchanges
• Data Quality Enhancements: Invested in new technologies to help shippers and carriers identify and address carrier data quality issues, leveraging machine learning to fix errors before they degrade tracking capabilities
• China Over-the-Road (OTR) Visibility: Became the only vendor with authorization to transfer logistics data in and out of China, expanding the network by 8+ million vehicles and improving visibility into lanes used by 94% of the world’s largest shippers
• Multimodal Rating & Booking: Introduced APIs to source rates across the carrier network without costly integrations and centralize spot and contract rate data on Movement, which streamlines rate requests and tender processes
• Configurable Branded Tracking & Alerts: Rolled out self-service capabilities to transform the E-Commerce delivery experience and cut customer service calls by 50%, allowing retailers and brands to create differentiated post-purchase consumer experiences that drive loyalty and reduce “Where is my order?” queries
More than a dozen separate innovations are represented in the summary of new products and expanded capabilities described above, and analysts and awards committees took notice, recognizing project44’s contributions in FY 2024. Notably, project44 was positioned highest in “Ability to Execute” and furthest right on “Completeness of Vision” in the 2023 Gartner® Magic QuadrantTM for Real-Time Transportation Visibility Platforms. The company also won the prestigious Chicago Innovation Award and was named a Top Supply Chain Visibility Provider in Food Logistics’ 2023 Top Software & Technology Awards for its breakthrough Movement by project44™ platform.
In recognition of its contributions to customer success, project44 won the Google Cloud Industry Solution Technology Partner of the Year Award for Supply Chain and Logistics and was named Customers’ Choice in the Gartner® Peer InsightsTM “Voice of the Customer” report. In addition, project44 received an SAP® Pinnacle Award in the Business Network category and maintained Leader status across multiple seasons of reports from G2.
Expanded Executive Team
In FY 2024, project44 bolstered its executive team to prepare for the next phase of growth. The company strategically appointed SaaS and logistics industry veterans with experience managing high-growth companies, including:
• Tim MacCarrick as Chief Financial Officer
• Renee Mauldin as Chief People Officer
• Rick Turco as Chief Revenue Officer
• AJ Wilhoit as Chief Product Officer
Customer Insights
"At ASICS, we value project44 for its comprehensive ocean analytics and the accuracy of the data it provides, which is critical for our decision-making processes. With real-time visibility and data-driven insights, project44 empowers our team to make informed decisions quickly,” said Roy Nijman, Global Head of Business Transformation SCM at ASICS. “This operational agility enhances our ability to better serve our customers, making project44 an invaluable partner in our pursuit of supply chain excellence."
“We are thrilled with our partnership with project44, a significant step in advancing our supply chain operations and service excellence," said Antonino Arena, Specialties BU Supply Chain Sr. Manager at Prysmian. "This collaboration allows us to leverage project44’s expertise in dynamic ocean visibility and predictive capabilities, which are critical for our complex logistics needs. By integrating these advanced technologies, we are set to enhance the reliability and efficiency of our cable deliveries worldwide. We anticipate a highly productive relationship with project44, as we continue to innovate and improve our operational capabilities to better serve our customers and lead in the market."
Nulogy, a leading provider in supply chain collaboration solutions, and Kinaxis, a global leader in supply chain orchestration, have announced a partnership to develop cutting-edge solutions for brand manufacturing supply chain networks worldwide.
The new partnership aims to catalyze fast-moving consumer goods (FMCG) and life science brands and their supplier networks to work together more effectively through digital transformation solutions, thereby mutually improving costs, service and revenue. Combining the supply chain orchestration capabilities of Kinaxis with the collaborative external manufacturing specialization of Nulogy will enable customers to share forecasts and order information with suppliers and receive inventory capacity information faster.
Nulogy’s purpose-built multi-enterprise platform enables greater responsiveness in the supply networks of leading FMCG and life science brands, including L’Oréal, Colgate-Palmolive, and Church & Dwight, as well as their extended suppliers and hundreds of sites around the world.
“Given the speed and volatility of today’s global market, it is more important than ever for brand manufacturers to digitally synchronize with their supplier communities in order to respond with agility,” said Jason Tham, CEO at Nulogy. “Through our partnership with Kinaxis, we look forward to collaborations that will elevate the performance of supply chain networks around the world.”
Kinaxis Maestro is the AI-infused end-to-end supply chain orchestration platform for fast, intelligent decision-making. Trusted by renowned global brands to provide agility and predictability to help navigate volatility and disruptions, Kinaxis has been a leader in supply chain planning for over 40 years.
"Our partnership with Nulogy improves visibility, control and collaboration of the upstream network of critical suppliers, like contract manufacturers and co-packers, by integrating a variety of supplier data into Maestro,” said Bill Walker, Senior Director, Partner Solutions Extensions at Kinaxis. “Giving our customers the ability to better run simulations, digitize planning and connect in suppliers.”
Learn more about the partnership at ASCM Connect on September 9, 2024. Kevin Wong, Chief Operating Officer, Nulogy; Polly Mitchell-Guthrie, Supply Chain Thought Leader, Kinaxis; and German Vizcaya Leon, VP Global Planning, Colgate-Palmolive will discuss how Nulogy and Kinaxis’s solutions in Advanced Planning & Scheduling and Supplier Collaboration have played pivotal roles in interconnecting Colgate’s network.
FOR IMMEDIATE RELEASE
Contact: Sherri Bosslet
Title: Director of Customer Relations
Phone: 937.415.1715
Email: sbosslet@daytonfreight.com
Date: September 5, 2024
Web: daytonfreight.com
ULINE AWARDED DAYTON FREIGHT FOR EXCEPTIONAL PERFORMANCE
DAYTON, Ohio – Dayton Freight Lines, Inc., a leading provider of regional less-than-truckload (LTL) transportation services, was presented the 2023 Exceptional Performance Award and the Minnesota LTL Carrier of the Year award from Uline.
The 2023 Exceptional Performance Award and the Minnesota LTL Carrier of the Year award were presented to Dayton Freight’s Milwaukee and Hudson Service Centers, respectively. Both awards were given based on the following criteria: exemplary customer service, technological innovation and lastly, partnership and dedication.
Uline, a family-owned business, is the leading distributor of shipping, industrial and packaging materials to businesses throughout North America.
Dayton Freight’s Director of Customer Relations, Sherri Bosslet quoted, “We are incredibly proud of our Service Centers in Milwaukee and Hudson WI for receiving these awards. These accolades from Uline truly demonstrate the dedication and diligence of our Dayton Freight team. We look forward to a lasting partnership for years to come.”
Founded in 1981, Dayton Freight is a private, union-free, less-than truckload (LTL) freight carrier headquartered in Dayton, Ohio. Currently ranked as the country’s 12th largest LTL company, Dayton Freight has 70 Service Centers in 14 Midwest states, served by 6,000+ employees. Offering 1 or 2 day service to thousands of cities, Dayton Freight is known for its prudent growth, operational excellence, advanced technology and an unparalleled company culture known as The Dayton Difference.
Photo Caption: Jeremy Cutchens (Dayton Freight), Shelly Hofmeister (Dayton Freight), Ed VanGrouw (Dayton Freight), Eric Dreissig (Uline), LJ Groen (Uline)
Nulogy, a leading provider of supply chain collaboration solutions, is hosting a session during the Association of Supply Chain Management's ASCM Connect 2024. Nulogy, Kinaxis and Colgate-Palmolive executives will present “Orchestrating Digital Transformation: Nulogy & Kinaxis Empower Colgate-Palmolive’s External Network” on Monday, 9/9/2024, 3:45 - 4:45 p.m. CT in Ballroom E, Level 4.
In an era when digital transformation is paramount for sustainable growth, Colgate-Palmolive stands out as a leader in the consumer packaged goods space. With a strong digital transformation vision and strategic partners that tout the technical capabilities and expertise to bring it to life, Colgate and its extended supply network has been able to reap the benefits of digitally-infused agility, resilience and efficiency to outcompete in today’s marketplace.
The session will cover Colgate-Palmolive’s vision for transforming its supply chain planning and execution, highlighting the imperative to enhance supply chain synchronization and collaboration.
Nulogy and Kinaxis join Colgate-Palmolive in this talk to discuss how their best-of-breed solutions in advanced planning and scheduling and supplier collaboration have played pivotal roles in interconnecting Colgate’s network.
Speakers include:
Moderator: Christine Barnhart, CPIM Chief Marketing and Industry Officer, Nuology
Panelist: Kevin Wong Chief Operating Officer, Nulogy
Panelist: Polly Mitchell-Guthrie Supply Chain Thought Leader, Kinaxis
Panelist: German Vizcaya Leon VP Global Planning, Colgate-Palmolive
Check out the complete Colgate-Palmolive case study by visiting https://bit.ly/3z6xwPK.
Covington, KY — In a significant step toward redefining supply chain efficiency and boosting the local economy, Lakeshore Learning hired Zion Solutions Group, a trailblazer in advanced supply chain integration, to help implement a cutting-edge 1.2 million square foot distribution center in Garland, Utah. This collaboration is set to create over 500 jobs, showcasing an unparalleled commitment to innovation and community development.
“Our relationship with Lakeshore Learning, beginning in 2015, has been a testament to what visionary collaboration can achieve," stated Jim Shaw, President of Zion Solutions Group. “This is not just a collaboration; it’s a leap toward the future of supply chain management. By combining Lakeshore Learning’s vision with our technological expertise, we are set to introduce a distribution hub that exemplifies efficiency, sustainability, and economic growth for Garland."
Artin Ghazarian, Chief Supply Chain Officer at Lakeshore Learning, highlighted the project's ambition: "Our journey with Zion Solutions Group has been marked by a shared drive for excellence. This distribution center goes beyond expanding our logistical capabilities—it's a testament to our dedication to setting new industry standards for efficiency and environmental stewardship in supply chain management."
Jordan Frank, EVP & Co-Founder of Zion Solutions Group, emphasized the collaborative synergy: Our relationship with Lakeshore Learning is more than a partnership; it's a melding of minds aimed at redefining the future of our industry. We're not just optimizing logistics; we're crafting a model of innovation that leverages technology for smarter, more sustainable operations. Our goal is to inspire the sector by demonstrating how collaboration and technology together can create impactful solutions.”
The facility will harness the latest in automation and robotics to optimize both efficiency and scalability. Zion Solutions Group will play a crucial role in this evolution, meticulously shaping the project from its conceptual stages to its final form. This includes value-added engineering to support Lakeshore Learning’s specific needs, overseeing the procurement and engineering processes to ensure precision, and integrating advanced software solutions—including Zion Apex (WES)—for peak functionality. Beyond the project’s completion, Zion’s Customer Experience team will continue to support the operations team and provide optimization opportunities, ensuring the facility operates smoothly and evolves with technological advancements.
With an operational goal set for 2025, Lakeshore Learning’s Garland distribution center represents a major milestone in job creation and economic growth for the region. This initiative aligns with Zion's mission to drive sustainable innovation and cement its leadership in the market.
For more information about Zion Solutions Group and its groundbreaking projects, please visit https://thezsg.com/.
# # #
About Zion Solutions Group
Zion Solutions Group, a leader in Supply Chain Integration, uses its 90+ years of knowledge to deliver memorable experiences and guide intelligent change. Specializing in material handling integration, Zion provides comprehensive services that include detailed data analytics, solution design, procurement, implementation, and post-implementation support. Our customer-centric approach and Project Lifecycle process ensure tailor-made solutions using cutting-edge technology, setting us apart in the industry. Zion, in support of its core purpose, “To Leave a Positive Impact on the Lives of Those We Touch,” is committed to driving success and sustainable growth for our partners and customers.
About Lakeshore—Products Designed with Learning in Mind®
Lakeshore Learning Materials is a leading developer and retailer of top-quality materials for early childhood education programs, elementary schools, and homes nationwide. Since 1954, Lakeshore Learning Materials has offered innovative learning materials distinguished by their quality, educational merit, and safety. To learn more, visit LakeshoreLearning.com.
Panel Built, Inc., a leading provider of modular offices, mezzanines, and custom-engineered structures, has announced plans to expand its primary facility, PB1. The expansion will include additional office and fabrication space, allowing the company to better accommodate its rapidly growing workforce and increasing demand for its innovative space solutions.
As Panel Built continues to experience significant growth in both personnel and market reach, this expansion marks a critical step in the company’s strategic development. The additional space will enable the company to enhance its operational efficiency and continue delivering high-quality products and services to its diverse client base. The expanded facility will also provide a more collaborative work environment for the Panel Built team, fostering innovation and reinforcing the company’s commitment to excellence.
"Panel Built has built a reputation for delivering modular solutions that meet the unique requirements of various industries, including commercial, military, government, and industrial sectors. The company's expertise in engineering, design, and installation has made it a trusted partner for organizations seeking efficient and customizable space solutions.
The Blairsville facility expansion is expected to be completed by early 2025. Panel Built is committed to maintaining uninterrupted service to its clients throughout the construction process, ensuring that all projects remain on schedule and meet the company’s high standards of quality."
- Mike Kiernan CEO
About Panel Built, Inc.
Founded with the mission "To Solve Our Customers' Space Needs With Excellence And Great Customer Service," Panel Built, Inc. specializes in modular construction, offering a range of solutions from modular offices and mezzanines to guardhouses and cleanrooms. With extensive experience in both public and private sectors, Panel Built is dedicated to delivering space solutions that meet the highest standards of quality, safety, and customer satisfaction.