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Concentric, LLC, an OnPoint Group Company, Acquires Power Grid

Concentric, LLC, an OnPoint Group Company Announced the Acquisition of Power Grid, a Leading Midwestern Industrial Power Expert

Concentric, LLC, the national leader in DC power management and on-site maintenance for the material handling and critical power industries, has acquired Power Grid, an industrial power expert in the Midwest. Offering services and supplies to keep operations running at peak performance through strong power management, Power Grid’s team brings 75 years of industry experience. The company has been headquartered in Indianapolis, Indiana since 2004 and is an authorized dealer for Hawker Powersource products.
“Power Grid’s team of service technicians are highly regarded for their expertise in battery and charger diagnostics. We are enthusiastic to welcome them to the Concentric team, along with President Michael Galyen who brings extensive engineering, data science and innovation knowledge,” said Concentric Chief Operating Officer, John Winter. “This acquisition further solidifies Concentric’s forklift power business and reach throughout the critical Illinois and Indiana markets.”
Power Grid’s service capabilities range from battery and charger diagnostics and repairs to professional planned maintenance programs and as a destination for new equipment, rental and used battery and charger purchases.
“Our mission at Power Grid has been to bring our customers’ expertise and know-how to maintain smooth operations while servicing their power needs. Our primary goal is to provide successful and expedient solutions for their everyday challenges. As we join Concentric, I’m thrilled to not only maintain this important mission but to further our capabilities and offerings, such as GuaranteedPOWER®, for an even broader customer base,” said Power Grid President, Michael Galyen.
Concentric is an OnPoint Group company, the only national material handling and facility services organization. For additional information about Concentric or this acquisition, visit www.concentricusa.com or www.onpointgroup.com/mergers-acquisitions.

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Wabash partners with University of Delaware to advance solar Solutions in commercial transportation

Wabash partners with University of Delaware to advance solar Solutions in commercial transportation

LAFAYETTE, Ind., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC), the visionary leader of connected solutions for the transportation, logistics and distribution industries, announced today it was selected to receive a $1.6 million grant award from the U.S. Department of Energy Solar Energy Technologies Office (SETO) to support a research and development project aimed at decarbonizing the commercial transportation industry.

The three-year project, set to begin next year in partnership with the University of Delaware’s Center for Composite Materials, focuses on integrating high-efficiency solar energy into refrigerated trailers and truck bodies. This innovation will play a pivotal role in making zero-emission mid-mile transportation a commercially viable option.

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NobleLift

Noblelift 2024 Dealer Meeting

NOBLELIFT® North America Hosts its 2024 Dealer Meeting

Des Plaines , Illinois – NOBLELIFT North America, a global leader in Lithium-iron technology and a manufacturer of a comprehensive range of high-performance, low-maintenance manual, electric, and internal combustion material handling equipment, hosted its 2024 Dealer Meeting at the Embassy Suites in Rosemont, Illinois, just miles from their Illinois headquarters in Des Plaines, Illinois.

Over ninety participated in this year’s bi-annual dealer meeting which lasted two days. Day one of the program included presentations and training on various subjects such as NOBLELIFT new products, NOBLELIFT lithium-iron technology, future plans, leasing/financing, marketing, aftersales tech support, parts, extended warranties, quoting software, and more. The dealers welcomed the opportunity to learn more about the company, share their feedback and ideas, and network with other dealers.

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Randa Apparel & Accessories selects FORTNA to modernize 
Dallas-Fort Worth warehouse

Randa Apparel & Accessories selects FORTNA to modernize Dallas-Fort Worth warehouse

ATLANTA (Oct. 8, 2024) – Randa Apparel & Accessories (RAA), one of the world's leading fashion apparel and lifestyle accessories companies, today announced a strategic partnership with FORTNA, the leading automation and software company for the full logistics value chain, to modernize their recently acquired Dallas-Fort Worth 625,000 square foot warehouse. This collaboration aims to modernize the facility to meet contemporary demands, enhancing operational efficiency and productivity.

RAA, known for its portfolio of over 40 licensed brands and the recent acquisition of the Haggar brand, acquired the Dallas-Fort Worth facility as part of the deal. Faced with the decision to either move out of or upgrade the facility, RAA engaged with FORTNA to develop a comprehensive solution to keep operations local while addressing real estate constraints.

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Hub International announces strategic partnership with Mas Seguros to expand transportation cross-border capabilities

Chicago, IL, October 1, 2024 - Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurance broker in Mexico. The partnership is a response to Mexico’s growing influence in the global economy and a reflection of HUB’s and MAS Seguros’ commitment to expanding its capabilities to better serve clients doing business throughout North America.

Due to changing global political relationships and policies*, there has been a significant move for manufacturing operations to Mexico, which comes with increased risk and insurance challenges when transporting goods cross-border. Organizations face regulatory compliance issues, crime, product damage, catastrophic weather events and accidents. Additionally, more transportation firms from Mexico are moving to the U.S. As a result, there is an emerging transportation and logistics need to manage risk and insure freight, property and assets while transporting goods into Mexico for manufacturing and then back to the U.S. and Canada.

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Hoptek Dispatch Engine

Xtreme Trucking selects HOPTEK’s Dispatch Engine® solution for real-time visibility and optimization of fleet operations

Charlotte NC, September 23, 2024 (McLeod User Conference ) – HOPTEK, a global leader in AI-driven trucking and fleet transportation solutions, has been selected by Xtreme Trucking of Wisconsin, one of the U.S.’s leading technology-first transportation and logistics providers, for its Dispatch Engine® solution, a digital platform providing instant visibility and access to the spot load market, while matching available carrier capacity across thousands of possible options. HOPTEK’s “digital twin” will provide real-time visibility and enable Xtreme to boost operational efficiency and fleet utilization, while reducing driver turnover and deadhead miles, resulting in material cost savings and profitability.

Started as a small independent operation in 2006, Xtreme Trucking was formally established in 2009 to become a quality diversified transportation provider, with a growing revenue profile and extensive coverage across the United States. Through HOPTEK’s Dispatch Engine®, Xtreme has leveraged real-time data visibility and dynamic decision-making to drive operational velocity to achieve up to a 20% increase in both Revenue per Hour and Weekly Revenue Miles per Driver – a clear competitive advantage.

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