Supply Side: IntelliTrans, MRC
Written by Marybeth Luczak, Executive Editor
Chicago-based Mitsui Rail Capital rebrands as Modern Rail Capital to reflect its consolidation under one parental entity earlier this year when JA Mitsui Leasing Capital Corporation (JMCC) acquired full ownership from Mitsui & Co., Ltd.
IntelliTrans earns recognition in the Gartner Hype Cycle for Supply Chain Execution Technologies 2023 report. Also, railcar lessor Mitsui Rail Capital rebrands as Modern Rail Capital (MRC).
Gartner has included IntelliTrans—a global provider of multi-modal supply chain and logistics solutions for bulk and break-bulk product manufacturers—in its Hype Cycle™ for Supply Chain Execution Technologies 2023 report. Gartner Hype Cycles are described as providing “a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities.”
IntelliTrans on July 25 announced that it was recognized in the report for Real-Time Transportation Visibility Platforms, “which complements the planning and execution capabilities of transportation management systems by providing real-time order and shipment visibility.” These platforms, it said, are “a core part of logistics technology and perform functions that support transportation management, warehouse management, yard management and fleet management.”
“Our Global Supply Chain Visibility Platform allows shippers to track shipments across truck, ocean and rail and proactively manage exceptions,” said IntelliTrans President Ken Sherman, one of Railway Age readers’ most influential leaders for 2023.
The Global Supply Chain Visibility Platform is said to gather data from shipments of all types, tracking them as they are transported. “Combined with other data feeds that track manufacturing and dock scheduling, plus historical data that enables AI-powered predictive analytics, the IntelliTrans Global Supply Chain Visibility platform allows shippers to maintain a complete view of their supply chain activities” from end to end, according to the supplier.
Chicago-based Mitsui Rail Capital on July 26 reported rebranding as Modern Rail Capital (MRC), reflecting its consolidation under one parental entity earlier this year when JA Mitsui Leasing Capital Corporation (JMCC) acquired full ownership from Mitsui & Co., Ltd. The deal became official March 31.
The railcar lessor, which has updated its logo, color scheme and website, offers a diverse portfolio of railcars deployed across a range of industrial sectors, including energy, food, manufacturing and construction.
“With this name change, we aim to embrace a fresh identity that reflects our growth, adaptability and forward-thinking approach,” said MRC President Kevin Cook, who took over the leadership role in 2021. “MRC embodies the essence of our company’s values and our relentless pursuit of excellence with focus on our customers—and that comes from a modern approach to railcar leasing.”
“This new chapter, streamlined under one parental entity, will support our core competencies as well as our corporate goal of helping to keep commerce moving,” said Bryan F. Vaughan, MRC Vice President of Sales and Marketing and Business Development, who joined the company in early 2022.
