Norfolk Southern
Norfolk Southern Corporation is a major player in rail transportation in the Eastern United States, operating over 20,000 route miles across 22 states and the District of Columbia. The company specializes in transporting a wide range of goods, including industrial products such as chemicals, agricultural products, metals, construction materials, coal, and automobiles. Norfolk Southern also facilitates international trade by providing services to key Atlantic and Gulf Coast ports, as well as river and lake ports. In addition to freight services, the company offers commuter passenger services. Norfolk Southern is committed to enhancing its rail network and increasing freight capacity through strategic investments, which not only aim to improve operational efficiency but also contribute to job creation and the reduction of greenhouse gas emissions. The company is headquartered in Norfolk, Virginia, and has been incorporated since 1980.
DrayNow
Corporate Round in 2023
DrayNow, Inc. is a technology company based in Pipersville, Pennsylvania, founded in 2017. It operates a real-time marketplace designed specifically for intermodal trucking, connecting freight with carriers efficiently. This platform allows intermediaries to engage with more carriers, ensuring constant visibility of shipment locations and statuses. Additionally, it facilitates truckers in comparing rates, reviewing load details, and selecting available loads in their vicinity in real-time. By leveraging advanced technology, DrayNow enhances operational efficiency for companies within the intermodal industry, helping them achieve optimal capacity, service levels, visibility, and profitability.
Arzoon
Venture Round in 2000
Arzoon, founded in September 1999 by Farid Dibachi, is a provider of integrated logistics and global trade management technology. The company quickly assembled a team of over 100 experts in transportation and technology and secured $34 million in funding from various investors. Arzoon's Transportation Management Trading Network™ automates and synchronizes the entire lifecycle of transportation processes, including procurement, execution, tracking, and reporting. Its platform facilitates collaboration among shippers, carriers, customers, and suppliers, creating a networked community that enhances communication and business interactions across international borders and various IT systems. This standardized approach improves efficiency, speed, and productivity for all trading partners in the transportation sector.
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