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Ben Ames

Verified
Massachusetts
As seen in: DC Velocity, Llanelli Star, South Wales Echo, NewsBreak, KEZI-TV (Eugene, OR), WMDT-TV (Salisbury, MD), Our Community Now, Supply Chain Xchange, The Supply Chain Xchange
Technology reporter at @DCVelocity, covering all things logistics. Can be found paddling boats, bickering with Alexa. On Mastodon at @benbames@newsie.social
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Articles

Peak Technologies names Heel as new CEO

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By Ben Ames Verified
| DC Velocity Verified
Peak Technologies, the venture-backed systems integrator that has grown swiftly through mergers and acquisitions, today said it had named a new leader, announcing that Joachim (Joe) Heel has been appointed Chief Executive Officer, replacing Tony Rivers. Massachusetts-based Peak is the former Peak-Ryzex, which was acquired in 2021 by Dallas-based investment firm Sole Source Capital LLC and has since gone on a consolidation tear through the barcoding and data collection sector.
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Trucking sector recovery to hit a ceiling without better freight growth

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By Ben Ames Verified
| DC Velocity Verified
A measure of trucking sector business conditions jumped in May to its strongest level ever, but that market rebound likely will hit a ceiling soon unless freight demand strengthens considerably, according to a study from transportation analyst firm FTR. FTR's Trucking Conditions Index (TCI) in May jumped to 20.4 - its strongest level ever due mostly to highly favorable freight rates for carriers.
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Teletrac Navman to operate as standalone telematics firm after private equity acquisition Original

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By Ben Ames Verified
| DC Velocity Verified
The telematics and fleet management tech firm Teletrac Navman on Monday began to operate as a standalone private company, after being acquired by a private equity firm. Miami-based investment firm Respida Capital on July 6 completed its acquisition of Northbrook, Illinois-based Teletrac Navman from its previous owner, Vontier Corporation. Terms of the deal were not disclosed, but Vontier retains a minority equity stake in the business.
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