PTV Group and Conundra Continue Integration

PTV Group, Econolite and Conundra, along with backers Bridgepoint and Porsche have announced the further integration and strategic reorganization of the companies into two strong and distinct businesses serving their respective end markets: Mobility and Logistics.

In order to form a new pure-play software Logistics business, PTV Logistics and Conundra are integrating their respective resources to offer state-of-the-art software solutions for route planning and optimization with best-in-class algorithms and data, as well as additional use cases to enhance savings in logistics costs and emissions. Rebranding for Logistics is in progress and will be announced shortly.

Structure and leadership is as follows:

The PTV Logistics group joins forces with Conundra to form a global software provider for logistics solutions in route planning and optimization. This combined group will be led by newly appointed CEO, Steven De Schrijver, former CEO and Co-founder of Conundra. Abbas Mohaddes, former CEO of Econolite is appointed to Chairman of the Advisory Board for both businesses.

Mohaddes said, “Our focus remains to be market and demand driven, offering superior products and services to better plan and manage our transportation systems, sensitive to desire and needs of users, travellers and alike. We are committed to embrace Environmental, Social, and Governance (ESG) in support of global Mobility for Humanity.”

Carsten Kratz, Partner, and head of the DACH region at Bridgepoint, added “We made great progress during 2022 with the integration of PTV and Econolite, while acquiring Conundra and other enhancing assets. This rebranding and reorganization are the logical next steps in enhancing our growth and our quest for global market leadership. This is a big milestone for us, and we’ll continue to invest in both businesses.”

Lutz Meschke, member of the board of management responsible for investment management at Porsche SE, stated “The new strategic setup of the mobility and logistics businesses marks yet another important milestone in the development of PTV, Econolite, and Conundra. We look forward to further supporting the development of both businesses.”

Steven De Schrijver, Logistics group, Chief Executive Officer, added “Our goal is to provide exceptional optimization tools, that meet and exceed the expectations of the global Logistics marketplace.”

PTV Logistics is a leading global software company for planning, calculating, and optimizing transport logistics to save time and costs. With more than 40 years of experience and record-breaking algorithms in route planning and tour optimization, the software empowers logistics companies to realize the theoretical savings potential of route planning automation in practice.

 

Dexory Announces new Investors

Dexory, a leading intelligence and robotics company, announced today they have a new round of angel investors. This follows significant investment in 2022, when they secured $13m (£11m) in a seed round led by Swiss venture capital firm Lakestar. This announcement marks another milestone in Dexory’s journey, after the recent rebrand from BotsAndUs, reflecting their growth.

The new investors bring a range of expertise in the logistics space that will be invaluable in guiding Dexory during this vital growth stage. Dexory welcomes Paul Dodd, Martin Bysh, and Thomas Bagge as angel investors, among others.

Paul Dodd, Chief Innovation Officer and co-founder of Huboo brings over 20 years of experience working with robotics and supply chain with P&G, both in the UK and worldwide. Together with Martin Bysh, CEO, co-founder of Huboo, the pair have gone from deploying the technology at Huboo to investors, showing their confidence in the Dexory solution. Their experience in leading both the technical and commercial sides of Huboo will be of great benefit to the leadership team at Dexory.

Thomas Bagge, the CEO of Digital Container Shipping Association (DCSA) similarly brings a wealth of experience, having been working with global supply chains for 25 years in both logistics and container shipping companies. A large part of his career has been centred around digital transformation, process automation and deployment of new technologies, aligning well with Dexory’s vision of automation in the logistics space. The funding raised previously was used to expand and grow Dexory’s ground-breaking data solutions, establish strong partnerships with industry leaders and experts to boost growth and product development, and expand the company’s team. Dexory works with major industry leaders such as Menzies Aviation, Maersk, Huboo, and a number of other logistics and warehousing companies in the UK and across Europe.

Andrei Danescu, CEO of Dexory comments: “I’m proud to welcome such industry-leading expertise into Dexory. To secure this calibre of investors speaks volumes of their faith in the path we are on, and their guidance will help us continue to grow in 2023. We’re sure their industry knowledge will help to shape our roadmap at Dexory, and maximise the capabilities of our tech. Our unique approach to problem-solving, which integrates smart AI technology and robotics, gives us confidence that we can unlock great benefits for our customers”.

 

Dexory Announces new Investors

Dexory, a leading intelligence and robotics company, announced today they have a new round of angel investors. This follows significant investment in 2022, when they secured $13m (£11m) in a seed round led by Swiss venture capital firm Lakestar. This announcement marks another milestone in Dexory’s journey, after the recent rebrand from BotsAndUs, reflecting their growth.

The new investors bring a range of expertise in the logistics space that will be invaluable in guiding Dexory during this vital growth stage. Dexory welcomes Paul Dodd, Martin Bysh, and Thomas Bagge as angel investors, among others.

Paul Dodd, Chief Innovation Officer and co-founder of Huboo brings over 20 years of experience working with robotics and supply chain with P&G, both in the UK and worldwide. Together with Martin Bysh, CEO, co-founder of Huboo, the pair have gone from deploying the technology at Huboo to investors, showing their confidence in the Dexory solution. Their experience in leading both the technical and commercial sides of Huboo will be of great benefit to the leadership team at Dexory.

Thomas Bagge, the CEO of Digital Container Shipping Association (DCSA) similarly brings a wealth of experience, having been working with global supply chains for 25 years in both logistics and container shipping companies. A large part of his career has been centred around digital transformation, process automation and deployment of new technologies, aligning well with Dexory’s vision of automation in the logistics space. The funding raised previously was used to expand and grow Dexory’s ground-breaking data solutions, establish strong partnerships with industry leaders and experts to boost growth and product development, and expand the company’s team. Dexory works with major industry leaders such as Menzies Aviation, Maersk, Huboo, and a number of other logistics and warehousing companies in the UK and across Europe.

Andrei Danescu, CEO of Dexory comments: “I’m proud to welcome such industry-leading expertise into Dexory. To secure this calibre of investors speaks volumes of their faith in the path we are on, and their guidance will help us continue to grow in 2023. We’re sure their industry knowledge will help to shape our roadmap at Dexory, and maximise the capabilities of our tech. Our unique approach to problem-solving, which integrates smart AI technology and robotics, gives us confidence that we can unlock great benefits for our customers”.

 

Short Sea boost for London Thamesport

The range of short sea container services available from Hutchison Ports London Thamesport is to be increased following the announcement by Viasea Shipping of a new service from the South East UK port.

Commenting on the new sailing, Mark Taylor, Director, London Thamesport, said:
“London Thamesport is already well established as one of the leading short sea container ports in the South East of England and offers excellent service levels in both quayside and landside operations. We are delighted that Viasea Shipping has chosen Thamesport as its gateway into the region. The addition of their UK-Norway service complements the regular and reliable connections we already have to Northern and Southern Europe. We look forward to working with them over the coming years to increase the range, frequency and reliability of options for shippers.”

Morten Pettersen, Managing Director of Viasea said:
“The south of UK has significant volumes of import/export to Northern Europe and Baltic region. Adding a call at London Thamesport will allow us to assist UK shippers and receivers to reduce their reliance on the heavily congested Channel crossings and will allow greater predictability for deliveries. It will also offer a greener route reducing the distances travelled by road as we bring our vessel closer to the market in this region.”

Norwegian-owned Viasea Shipping, established in 2016, is an independent short sea operator connecting Norway with the UK, Europe and the Baltic states. The new service from London Thamesport will call weekly with connections to Moerdijk and the Norwegian ports of Oslo, Moss and Kristiansand, with onward connections into the Baltic and Poland.

Hutchison Ports London Thamesport is located on River Medway near London, in the heart of South East England, 35 miles from Central London. The terminal provides road and rail links to the UK’s important manufacturing and distribution centres and is ideally positioned to serve as a port of entry for UK-bound short-sea container traffic as well as infrastructure projects around London.
Hutchison Ports London Thamesport is a member of Hutchison Ports, the ports and related services division of CK Hutchison Holdings Limited. Hutchison Ports is the world’s leading port investor, developer and operator with a network of port operations in 51 ports spanning 25 countries throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia. Over the years, Hutchison Ports has expanded into other logistics and transportation-related businesses, including cruise ship terminals, distribution centres, rail services and ship repair facilities.

Short Sea boost for London Thamesport

The range of short sea container services available from Hutchison Ports London Thamesport is to be increased following the announcement by Viasea Shipping of a new service from the South East UK port.

Commenting on the new sailing, Mark Taylor, Director, London Thamesport, said:
“London Thamesport is already well established as one of the leading short sea container ports in the South East of England and offers excellent service levels in both quayside and landside operations. We are delighted that Viasea Shipping has chosen Thamesport as its gateway into the region. The addition of their UK-Norway service complements the regular and reliable connections we already have to Northern and Southern Europe. We look forward to working with them over the coming years to increase the range, frequency and reliability of options for shippers.”

Morten Pettersen, Managing Director of Viasea said:
“The south of UK has significant volumes of import/export to Northern Europe and Baltic region. Adding a call at London Thamesport will allow us to assist UK shippers and receivers to reduce their reliance on the heavily congested Channel crossings and will allow greater predictability for deliveries. It will also offer a greener route reducing the distances travelled by road as we bring our vessel closer to the market in this region.”

Norwegian-owned Viasea Shipping, established in 2016, is an independent short sea operator connecting Norway with the UK, Europe and the Baltic states. The new service from London Thamesport will call weekly with connections to Moerdijk and the Norwegian ports of Oslo, Moss and Kristiansand, with onward connections into the Baltic and Poland.

Hutchison Ports London Thamesport is located on River Medway near London, in the heart of South East England, 35 miles from Central London. The terminal provides road and rail links to the UK’s important manufacturing and distribution centres and is ideally positioned to serve as a port of entry for UK-bound short-sea container traffic as well as infrastructure projects around London.
Hutchison Ports London Thamesport is a member of Hutchison Ports, the ports and related services division of CK Hutchison Holdings Limited. Hutchison Ports is the world’s leading port investor, developer and operator with a network of port operations in 51 ports spanning 25 countries throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia. Over the years, Hutchison Ports has expanded into other logistics and transportation-related businesses, including cruise ship terminals, distribution centres, rail services and ship repair facilities.

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