August 2019 Newsletter

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Newsletters
Marian Sterk
Marian Sterk
@marian_sterk
Date:

Download a PDF version of the Newsletter here.

Summer is heating up! We had a busy July with NVP Demo Day, signing new customers, getting a new investor onboard (the City of Elk Grove), and launching our new product: Track - Equipment. Read on to learn more about our July success and upcoming events!

P.S. Like the new look? We are currently rebranding with a new look and feel. The website is getting a facelift, too!

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Investor Spotlight

New Investor: the City of Elk Grove, CA!

The City of Elk Grove (in California, where our headquarters is located) granted us $75,000 as part of their effort to stimulate and foster a more entrepreneurial economy. We continue to work out of their city-sponsored co-working space Innogrove, but with the help of the grant, we look to expand our headquarters and hire local talent.

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Product Updates

Load it up! Track - Equipment is a go!

Our Product Development Team worked their magic yet again with the launching of our new product: Track - Equipment. With all the functions of our other Track solutions, Track - Equipment goes a step further adding custom fields and event triggers for equipment tracking. Users can track all types of equipment including: container, chassis, trailer, rack and more.

The Track - Equipment solution automatically updates the location of the equipment when it is associated to a shipment. With this new capability, you can minimize Per Diem fees/charges, monitor Last Free Day, improve Utilization of Equipment, and more. In the screenshot below, you can see the “Equipment” options we added to our “Create a Shipment” form in the Command Console.

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By far, one of the biggest advantages to the Track - Equipment solution is the low overall cost. There is no expense monthly payment per sensor. The system simply maintains the location based on delivery data. Using Track - Equipment our customers will be alerted if "Last Free Day" is about to expire and/or if their equipment is being underutilized.

If interested in learning more about Track - Equipment, contact Sascha sascha@sensortransport.com

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Events

Come see Sascha at the USC Global Supply Chain Excellence Summit

Our co-founder Sascha Peyer is heading to the University of Southern California (USC) to speak at their Global Supply Chain Excellence Summit. Sascha, alongside other industry pioneers will be on the “Disruptive Technology” Panel.

USC says the purpose of the event is to “connect leaders and create transformation through supply chain excellence.” That sounds like our kind of event!

We encourage you to go if you will be in the LA area. Use the code FRIENDS300 to save $300 on registration. You can register here: www.globalsummit.uscsupplychain.com

If you plan to attend the event, you can meet up with Sascha and watch the panel. Send him an email: sascha@sensortransport.com

USC Global Supply Chain Excellence Summit
August 9, 2019
Disruptive Technology Panel
Ronald Tutor Campus Center – Main Ballroom
1:45 pm

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NVP DemoDay was a Success!

Rob did an awesome pitch at NVP DemoDay last month. In case you haven't seen it yet, here is a video of the pitch: https://youtu.be/s_IDgawfJ2E Way to go Rob!

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Also, we have had time to reflect on some of the things we learned during the 12-week incubator program. Check it out in our blog post: "5 Key Takeaways from the NVPLabs Program" https://sensortransport.com/5-key-takeaways-nvplabs/

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Industry Buzzing

NVP Demo Day Press Coverage from ROI NJ “Latest NVP cohort shows global tech talent is coming to Newark” http://www.roi-nj.com/2019/07/17/finance/latest-nvp-cohort-shows-global-tech-talent-is-coming-to-newark/

JOC Article Mention: “Funding to fuel Traxens’ container line orders” https://www.joc.com/technology/funding-fuel-traxens%E2%80%99-container-line-orders_20190717.html

A mention in the Sacramento Business Journal “Elk Grove Startup Raising VC Round to Power Growth in Global Shipping” https://www.bizjournals.com/sacramento/news/2019/07/29/elk-grove-startup-raising-vc-round-to-power-growth.html

Another mention in the Sacramento Business Journal “Elk Grove Considers Direct Subsidies to Tech Startups” https://www.bizjournals.com/sacramento/news/2019/07/24/elk-grove-considers-direct-subsidies-to-tech.html

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In Case You Missed It

“SensorTransport July 2019 Newsletter” https://sensortransport.com/july-2019-newsletter/

"5 Key Takeaways from the NVPLabs Program" https://sensortransport.com/5-key-takeaways-nvplabs/

NVP DemoDay - Rob's Pitch Video https://youtu.be/s_IDgawfJ2E

USC Summit, for more info: https://sensortransport.com/sensortransport-co-founder-sascha-peyer-to-speak-at-usc-global-supply-chain-excellence-summit/