Brian J. Feehan is president of the Industrial Truck Association, the leading organization of industrial truck manufacturers and suppliers of component parts and accessories that conduct business in the United States, Canada and Mexico.
Brian J. Feehan, President, Industrial Truck Association
This year, we celebrate the ninth annual National Forklift Safety Day (NFSD) on June 14, 2022. NFSD was created to increase the awareness of—and emphasize the importance of—continued operator training. We are excited to be able to host this year’s event both in person and live online. Whether you are a member of the Industrial Truck Association (ITA), work in the material handling industry or government, or come from the end-user community, we invite you to take part in NFSD 2022.
Jonathan Dawley, president and CEO of Kion North America, will serve as NFSD 2022 chair. The main event, featuring presentations by government policymakers and forklift safety experts, will be held at the historic National Press Club in Washington, D.C., from 9 to 11 a.m. To reach as many people as possible, we will also livestream the event. In-person and virtual attendees can register here.
We are pleased to announce that Forklift Safety Day has been adopted in many markets around the world. Through our Alliance of Industrial Truck Organizations (A.I.T.O.) and several national associations, Forklift Safety Days are now held in Japan, China, the United Kingdom, and Australia, with more in the planning stages.
We would also like to bring to your attention a regulatory development affecting powered industrial trucks (PITs). In a follow-up to a request ITA made in 2014, the Occupational Safety and Health Administration (OSHA) published in the Feb. 16, 2022, Federal Register a proposed update to the design and construction requirements of the PIT standards. The OSHA powered industrial truck standard in 29 CFR 1910.178 and the construction requirements for PITs in 29 CFR 1910.26 incorporate by reference the design and construction requirements of the 1969 version of the B56 standard, which is now well over 50 years old and is obsolete. But OSHA can only incorporate later versions of consensus standards into federal law if it determines that they are at least as protective as the originally incorporated standard—an enormous burden given the many dozens of changes in consensus standards since 1969. This proposed regulation, therefore, represents a special effort, undertaken at ITA’s request, to evaluate the preceding versions of B56—an effort that led OSHA to conclude that the standards have indeed become more protective of employee safety over the years.
Safety remains paramount to the ITA, its members, and other material handling industry stakeholders as our products help businesses meet continued growth in demand. In fact, ITA recorded an all-time high number of retail equipment orders in 2021, exceeding 347,000 units in North America. At the same time, the U.S. is experiencing a very tight labor market, a situation that could result in many new employees, potentially including forklift operators, working in warehouses. This growth and changing labor environment make it more important than ever that we collectively raise awareness of overall safety and the continued need for forklift operator training.
In addition to sponsoring National Forklift Safety Day, the ITA serves as an influential industry voice for standards development, statistical information, and trade; advances engineering practices to promote safer products; collects and disseminates market statistics; provides industry forums; and partners with OSHA to conduct compliance officer training and distribute workplace safety materials. If you are involved in the manufacturing of powered industrial trucks—or are a supplier to PIT manufacturers—we invite you to contact the ITA to learn more about our organization.
Thank you, and we look forward to seeing you on June 14, 2022.
The San Francisco tech startup Vooma has raised $16 million in venture funding for its artificial intelligence (AI) platform designed for freight brokers and carriers, the company said today.
The backing came from a $13 million boost in “series A” funding led by Craft Ventures, which followed an earlier seed round of $3.6 million led by Index Ventures with participation from angel investors including founders and executives from major logistics and technology companies such as Motive, Project44, Ryder, and Uber Freight.
Founded in 2023, the firm has built “Vooma Agents,” which it calls a multi-channel AI platform for logistics. The system uses various agents to operate across email, text and voice channels, allowing for automation in workflows that were previously unaddressable by existing systems. According to Vooma, its platform lets logistics companies scale up their operations by reducing time spent on tedious and manual work and creating space to solve real logistical challenges, while also investing in critical relationships.
The company’s solutions include: Vooma Quote, which identifies quotes and drafts email responses, Vooma Build, a data-entry assistant for load building, and Vooma Voice, which can make and receive calls for brokers and carriers. Additional options are: Vooma Insights and the future releases of Vooma Agent and Vooma Schedule.
“The United States moves approximately 11.5 billion tons of truckloads annually, and moving freight from point A to B requires hundreds of touchpoints between shippers, brokers and carriers,” Vooma co-founder, who is the former CEO of ASG LogisTech, said in a release. “By introducing AI that fits naturally into existing systems, workflows and communication channels used across the industry, we are meaningfully reducing the tasks people dislike and freeing up their time and headspace for more meaningful and complex challenges.”
The Dutch ship building company Concordia Damen has worked with four partner firms to build two specialized vessels that will serve the offshore wind industry by transporting large, and ever growing, wind turbine components, the company said today.
The first ship, Rotra Horizon, launched yesterday at Jiangsu Zhenjiang Shipyard, and its sister ship, Rotra Futura, is expected to be delivered to client Amasus in 2025. The project involved a five-way collaboration between Concordia Damen and Amasus, deugro Danmark, Siemens Gamesa, and DEKC Maritime.
The design of the 550-foot Rotra Futura and Rotra Horizon builds on the previous vessels Rotra Mare and Rotra Vente, which were also developed by Concordia Damen, and have been operating since 2016. However, the new vessels are equipped for the latest generation of wind turbine components, which are becoming larger and heavier. They can handle that increased load with a Roll-On/Roll-Off (RO/RO) design, specialized ramps, and three Liebherr cranes, allowing turbine blades to be stowed in three tiers, providing greater flexibility in loading methods and cargo configurations.
“For the Rotra Futura and Rotra Horizon, we, along with our partners, have focused extensively on energy savings and an environmentally friendly design,” Concordia Damen Managing Director Chris Kornet said in a release. “The aerodynamic and hydro-optimized hull design, combined with a special low-resistance coating, contributes to lower fuel consumption. Furthermore, the vessels are equipped with an advanced Wärtsilä main engine, which consumes 15 percent less fuel and has a smaller CO₂ emission footprint than current standards.”
Roadrunner CEO Chris Jamroz made the move through Prospero Staff Capital, a private equity vehicle that he co-leads with the investor Ted Kellner, buying the stake from Elliott Investment Management L.P.
Kellner, the founder and partner of Fiduciary Management Inc. with over $17 billion in assets under management, and currently CEO of T&M Partners and Chairman of Fiduciary Real Estate Development, is a long-term investor in Roadrunner. Prospero Staff Capital is part of LyonIX Holdings, Jamroz’ investment company with holdings in transportation and logistics, real estate, infrastructure, and cyber security.
"After comprehensively unwinding the prior management's roll-up strategy to get to a pure-play LTL network, Roadrunner now stands as a premium long-haul carrier," Jamroz said in a release. "Today marks the beginning of our growth phase, driven by new capital, strategic investments, and acquisitions. We're committed to organic expansion, as well as pursuing focused and opportunistic M&A to strengthen our market position."
Specifically, loaded import volume rose 11.2% in October 2024, compared to October 2023, as port operators processed 81,498 TEUs (twenty-foot containers), versus 73,281 TEUs in 2023, the port said today.
“Overall, the Port’s loaded import cargo is trending towards its pre-pandemic level,” Port of Oakland Maritime Director Bryan Brandes said in a release. “This steady increase in import volume in 2024 is an encouraging trend. We are also seeing a rise in US agricultural exports through Oakland. Thanks to refrigerated warehousing on Port property near the maritime terminals and convenient truck and rail access, we are well-positioned to continue to grow ag export cargo volume through the Oakland Seaport.”
Looking deeper into its October statistics, loaded exports declined 3.4%, registering 66,649 TEUs in October 2024, compared to 68,974 TEUs in October 2023. Despite that slight decline, the category has grown 6.7% between January and October 2024 compared to the same period last year.
In fact, Oakland’s exports have been declining over the past decade, a long-term trend that is largely due to the reduction in demand for recycled paper exports. However, agricultural exports have made up for some of the export losses from paper, the port said.
For the fourth quarter, empty exports bumped up 30.6%. Port operators processed 29,750 TEUs in October 2024, compared to 22,775 TEUs in October 2023. And empty imports increased 15.3%, with 15,682 TEUs transiting Port facilities in October 2024, in contrast to 13,597 TEUs in October 2023.
A growing number of organizations are identifying ways to use GenAI to streamline their operations and accelerate innovation, using that new automation and efficiency to cut costs, carry out tasks faster and more accurately, and foster the creation of new products and services for additional revenue streams. That was the conclusion from ISG’s “2024 ISG Provider Lens global Generative AI Services” report.
The most rapid development of enterprise GenAI projects today is happening on text-based applications, primarily due to relatively simple interfaces, rapid ROI, and broad usefulness. Companies have been especially aggressive in implementing chatbots powered by large language models (LLMs), which can provide personalized assistance, customer support, and automated communication on a massive scale, ISG said.
However, most organizations have yet to tap GenAI’s potential for applications based on images, audio, video and data, the report says. Multimodal GenAI is still evolving toward mainstream adoption, but use cases are rapidly emerging, and with ongoing advances in neural networks and deep learning, they are expected to become highly integrated and sophisticated soon.
Future GenAI projects will also be more customized, as the sector sees a major shift from fine-tuning of LLMs to smaller models that serve specific industries, such as healthcare, finance, and manufacturing, ISG says. Enterprises and service providers increasingly recognize that customized, domain-specific AI models offer significant advantages in terms of cost, scalability, and performance. Customized GenAI can also deliver on demands like the need for privacy and security, specialization of tasks, and integration of AI into existing operations.