Point Roberts, WA and Delta, BC - September 29, 2020 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource covering cleantech and automotive stocks issue a snapshot on the booming FreightTech sector featuring dynaCERT Inc. (TSX: DYA.TO) (OTCQX: DYFSF) (FRA: DMJ).
For investors familiar with Fintech, the next big trend to follow in tech is 'FreightTech,' which uses technology to improve freight, shipping and logistics. The trend has been on the radar for the past few years with VC investment on the rise but is now making headlines as e-commerce sales explode beyond expectations during the Covid-19 pandemic.
Global consultants and experts in transportation, RolandBerger.com report, "The traditional value chain is on its way out and ecosystems consisting of the network of organizations involved in the transportation of goods along the entire supply chain, are now at the core of logistics. In order to fully exploit FreightTech opportunities, incumbent players must understand their ecosystem and adapt current business models to cope with the hurdles and challenges of changing market dynamics."
They also note, "Traditional logistics players have so far been slow to adapt to the FreightTech revolution, allowing newer, disruptive players to take a lead."
Recently announcing its entry into the FreightTech sector, dynaCERT Inc. (TSX: DYA.TO) (OTCQX: DYFSF) (FRA:DMJ), already established as a leader in cleantech, said its HydraLytica™ Technology which measures fuel savings in real time for users of dynaCERT's proprietary HydraGEN™ Technology, is greatly escalating its scope of applications and utility to respond to the growing industry needs of logistics companies and the broader trucking management software ecosystem. In so doing, dynaCERT is expanding into the FreightTech industry.
From the news: "The Company views its decision to enter into the FreightTech industry as a supplementary evolution of services that fit very naturally with dynaCERT's fuel-saving and emission-saving know-how, marketed as its existing HydraGEN™ Technology. Not only do current and future users of HydraGEN Technology have the benefits of fuel savings and reducing carbon emissions, but also the ability to subscribe to innovative proprietary FreightTech management solutions through a monthly subscription programme."
From the news: "dynaCERT International Strategic Holdings Inc. ("DISH"), a wholly-owned subsidiary of dynaCERT, has agreed with Corsario Ltd. of Mississauga, Canada ("Corsario"), dynaCERT's HydraLytica™ software developer, to magnify and maintain the functionality of its new proprietary suite of FreightTech software applications. GP LogiX Inc. ("GP"), a wholly-owned subsidiary of Corsario established specifically for this single purpose, will market the functionality of dynaCERT's new FreightTech software and share equally with DISH all financial benefits, thus providing a stream of cash flow to dynaCERT, through DISH."
From the news: Jean-Pierre Colin, President & CEO of DISH, stated, "The mission of DISH, as a wholly-owned subsidiary of dynaCERT, is to advance dynaCERT's synergistic initiatives that can demonstrate the potential to greatly benefit dynaCERT shareholder value. The target market of FreightTech is similar to that of our HydraGEN Technology in trucking markets. We view our new FreightTech initiative as an exceptional business opportunity with a very competitive-edge product. In addition, FreightTech seamlessly complements our current proprietary products, an opening that can expand in parallel to dynaCERT's HydraGEN™ fuel savings solutions."
From the news: Jim Payne, President & CEO of dynaCERT, stated, "Through our new DISH initiative with GP LogiX Inc., dynaCERT is partnering shoulder to shoulder with known industry experts that have a long history and track record of success in innovative software development. The management of GP has proven that it has the ability to secure very important and high-profile clients, while Corsario has shown that it can be quick and nimble to develop software solutions that dove-tail with our proprietary HydraGEN™ Technology while advancing our plans to offer Carbon Credits. Our close association allows us to execute two important strategic mandates (1) to adapt to the growing desires of end-users of our HydraGEN™ products and (2) become trail-blazers in the FreightTech business while maintaining our core competencies and fostering together our global award-winning HydraGEN™ Technology."
dynaCERT manufactures and distributes Carbon Emission Reduction Technology for use with internal combustion engines. As part of the growing global hydrogen economy, their patented technology creates hydrogen and oxygen on-demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, resulting in lower carbon emissions and greater fuel efficiency.
According to FreightWaves.com, there is a dominant leader in FreightTech and it's no surprise to anyone that it's retail giant, Amazon (NASDAQ: AMZN). "Amazon has become synonymous with disruption. It disrupted the retail space and helped usher in e-commerce, and it's done the same in the freight space, turning traditional freight delivery schedules upside down. Amazon brought two-day, one-day and even same-day shipping to the fore and competitors have now added those services as well."
Continued: "Amazon's knack for disruption is one of the reasons it is a two-time winner of the FreightWaves FreightTech awards. The Seattle-based e-commerce giant finished first in the voting for the FreightTech 25 in both 2019 and 2020."
Werner Enterprises (NASDAQ: WERN), a premier transportation and logistics provider was recently recognized as a returning winner of the 2020 FreightTech 100 Awards by FreightWaves. Werner EDGE, the innovation arm of Werner Enterprises, advances the performance and safety of drivers, shippers and carriers by delivering the latest technology-rich solutions in the transportation industry.
According to the company, "With Werner, drivers are empowered to spend more time driving and less time on administrative work. Through innovative solutions, drivers can easily connect with Werner's support team, perform on-the-job tasks more efficiently while also improving his or her experience on the road."
Werner offers transportation and logistics services to companies around the globe, including: dedicated, one-way truckload, intermodal, temperature-controlled, expedited logistics, cross-broader, global services, Final Mile and custom solutions.
C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), another FreightTech winner with Freightwaves has $20 billion in freight under management and 18 million shipments annually.
The company sees new technology as the future, saying, "The rapid advancement of technology is transforming the way in which we live and do business, and supply chains are no exception. With the combination of our multi-modal transportation management system and expertise, we use our information advantage to deliver smarter solutions for our more than 119,000 customers and 78,000 contract carriers. Our technology is built by and for supply chain experts to bring faster, more meaningful improvements to our customers' businesses. C.H. Robinson® Labs™, our innovation incubator, drives the industry forward with the latest predictive analytics and technology to solve our customers' supply chain challenges."
For investors looking at the sector, Banyon Capital says, "The FreightTech boom should be on your speculators' radar. This is one of the most important trends for 2020. And the 2020 holiday shopping season that will directly play into this industry is fast approaching."
Innovation is driving the FreightTech boom, but as global consumers also demand sustainability, companies like dynaCERT Inc. (TSX:DYA.TO) (OTCQX: DYFSF) (FRA:DMJ) that provide environmental solutions as well as advancements to logistics and transportation will pave the path for on the highways of the future.
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