The automotive open system architecture (AUTOSAR) was developed in 2003 by engineers in the automotive industry to create an open and standardized software model for electronic control units (ECUs) used in vehicles. These engineers foresaw a seismic change in automobile engineering. Sophisticated software, control units, computing power, and cloud connectivity would enable the development of […]

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In this Desktop Central review, we will talk about how this software can change your lives easier. ManageEngine is a company that provides your company...

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In this Desktop Central review, we will talk about how this software can change your lives easier. ManageEngine is a company that provides your...

As part of our effort to support and develop AI talent, we're excited to announce

Cryptocurrency and Blockchain careers are trending at all-time highs and the industry is growing at a rate so quickly that hundreds of jobs are being advertised faster than you can type up your resume. In fact, a survey performed by LinkedIn in 2020 found that Blockchain skills were the most in-demand skills in the United […]

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All you need to know about how to run a crypto startup: ✅Tokenizing a startup: Where to start ✅ The relationship with the investors in crypto startups ✅Token, funding rounds and crypto strategies ✅The truth of running a startup

The National Private Truck Council 2021 Benchmarking Survey Report provides fleets with new industry standards to evaluate performance and identify opportunities for improvement.

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"Information is power," explained Jim Lager, senior vice president for Penske Truck Leasing. "Fleet operators need real-time data to make informed decisions about their business. They want to know if what they are doing is best-in-class or underperforming, and how they can improve. Being able to see that information helps them identify areas of opportunity within their operations."

Lager added that every aspect of the supply chain is stressed right now. "I think it is even more critical to have good information and good partners to talk to about it," he said.

The 2021 NPTC Benchmarking Survey Report, which is sponsored by Penske, captures critical metrics from the 2020 calendar year, which was a time like no other.

"The purpose of this report is not to critique any fleet's performance, but rather to give them the tools so when they need the answers and the metrics in their continuous improvement efforts that they can grab onto those metrics in the report and move on," said Tom Moore, executive vice president of NPTC.

Even with the challenges, private fleets performed well and used their advantages to navigate supply chain challenges, hauling more shipments and volume than they did in the previous year.

Moore continued: "The thing that really impresses me, despite everything that is going on in the pandemic, is the stability that occurred in our private fleet management. We didn't see extreme swings in terms of equipment buying or a lot of change in the driver hours, even though the DOT extended those hours. Those folks stuck right in that core business. I thought that was a telling statement for how private fleets position themselves for success."

Supply chain challenges have helped private fleets raise the awareness and importance of transportation generally within their companies.

"In the last three to four years, companies have decided to start their own private fleet from scratch because of the vulnerability in finding transportation," said Gary Petty, CEO of NPTC. "I think a lot of companies are saying, 'We can manufacture the greatest product around, but if we can't get it in a way that has no damage and no loss that is timely, it doesn't matter.'"

Many private fleets shined during COVID disruptions and were able to navigate capacity constraints and surging costs others faced within the transportation market, strengthening the case for having a private fleet.

"Private fleets are resilient and flexible," Lager said, adding that more and more companies are considering and transitioning to private fleets. "That is a result of the spot market and the carrier situation driving them toward that so they could control their destiny. They don't want to trust that to a carrier. They want to do it with a partner like Penske."

Petty stated 75% of the private fleets in the study are operating as cost centers or, as he calls them, contribution centers. "They're in it to provide outstanding customer cost in the most effective and efficient manner possible. Whatever financial model, the goal is to deliver exceptional levels of customer service in the most efficient manner possible," he said.

As in years past, the primary reason companies report operating a private fleet is to provide exceptional levels of customer service that are unavailable on the open market, especially at a time when transportation and logistics capacity has been relatively constrained.

In the latest study, more than 92% of the respondents, in response to the open-ended question, 'What is the primary reason your company operates a private fleet?,' answered customer service.

Measuring on-time performance remains the primary means of tracking customer service, although other metrics are growing in acceptance.

This year 68% of the fleets report measuring on-time performance as opposed to 82% last year.

This erosion in on-time deliveries makes room for a bevy of other metrics, according to the NPTC report, most notably safety scores, tracked by 56% of respondents (53% last year); cost-per-mile, tracked by 55% of the respondents (35% last year); and customer comment, tracked by 32% of the population.

Shipments for private fleets were up from last year by 9.7%, and volume was up by 5.6%. This growth is supported by an overall mileage increase of 5.7%, which means that fleet respondents accomplished these gains rather efficiently, according to the report.

Even still, private fleets do face challenges, with driver-related issues being the No. 1 challenge listed. Driver-related issues are cited by nearly every respondent, often more than once. Rounding out the list of issues cited by fleets are: Cost-related issues; equipment and maintenance; customer service; regulatory and safety.

While driver issues remain top-of-mind, private fleets perform better than the for-hire population. "While everybody is feeling the driver shortage, it is less at private fleets," Penske's Lager said.

This year's survey found that driver turnover fell to 15.8%, nearly three full percentage points down from last year's 18.5% turnover rate and much lower when compared to the for-hire segment. Private fleet's average driver turnover is 14.25% over the 15-year history of the survey, and the average driver in the NPTC survey stays with a carrier for more than ten years. "That is extraordinary," Petty said.

NPTC started tracking metrics surrounding the time to hire and the hiring process for the first time. NPTC found that the average fleet has to review, screen and/or interview 19.7 candidates to fill one driver's seat, and the average time to hire a driver candidate is 34 days.

"Private fleets understand you get what you pay for," Moore stated. "They changed the mentality from speed-to-hire because they want to hire the right person.

The three top reasons for turnover are discipline issues, drivers leaving for another job, or retirement.

Moore noted: "For those leaving for another job or discipline issues, that tells me a private fleet can do a better job in the hiring process. If you're asking the right questions in the interview, you can identify what drivers are more likely to leave or will have discipline issues."

For the first time, NPTC asked fleets how much it cost to bring a driver on board. It is about $7,500 for the typical heavy-duty operation, and $3,400 for medium-duty fleets.

The survey also examined which freight movements private fleets haul and which they contract out. Private fleets typically handle about 2/3 of the outbound flow of goods and work with third-party carriers to handle the rest.

For-hire motor carriers handle 17% of all outbound freight movements, while dedicated contract carriers perform 12%. When deciding how to position the private fleet, survey respondents mention numerous inter-related and overlapping factors. The most frequently highlighted are cost, service, geography, and proximity to customers, and backhaul loads.

Empty mileage rates decreased, with an empty mileage of 26% down from last year's 33.3% and the previous year's 28.4%. NPTC found that 28% of respondents reported improved empty mileage, and Lager said reducing empty miles is top-of-mind for carriers. "There is not the luxury of being inefficient right now."

Penske Truck Leasing helps customers analyze their network to determine the best lanes to handle internally and the best to outsource.

"We have the engineering capability and capacity to analyze a customer's entire operation and make a recommendation," Lager said. "We can process the data and optimize it in several ways. It isn't always about cost; it is about delivery windows and meeting schedules. We can display all of that and help them make those decisions."

Use of on-board safety technology continues to increase, and not one respondent indicated not using on-board safety technology.

"If you're not safe, you're not going to be efficient, and the rest of the metrics don't matter," Moore said. "The safety record continued to get better and stronger and was one of the best years we ever had."

Survey participants can request customized data pulls that compares data of peer or like-kind fleets in the same market.

Petty: "It is apples-to-apples numbers they can use. This is powerful information internally. We have found once companies get on the track of scoring themselves against peers, it gives the whole benchmarking exercise a powerful boost of credibility."

By "Move Ahead" Staff

Standpoint Finance (STF) announces its resolve to establish its Bitcoin mining farm, hinting that negotiation is ongoing. The farm will house high-powered computers that would solve complex computational math problems. According to Investopedia, a leading source of financial content on the internet, Bitcoin mining is the process of creating new bitcoin by solving those computational maths puzzles. Tom Wood, Standpoint Finance's VP business development, stated in a statement on Friday that the company decided to join other companies that already own or are planning to own their Bitcoin mining farm. The decision comes after the company deliberated on a report submitted by the company's team of crypto market analysts. The company's analyst team had earlier been charged with a responsibility to investigate the prospect in the Bitcoin mining business.

“After carefully examining the crypto ecosystem in general and specifically the bitcoin market, we can see long-term constant growth in the daily trading volumes as more and more general services, online e-commerce as well as a traditional offline business willing to accept crypto as a legal tender. We believe that this constant rise in demand will inevitably lead to a rise in price which we believe will send bitcoin beyond the 100,000 USD marks in 2-3 years” Tom Wood said.

From the report submitted, Bitcoin price is projected to continue to rise, as available market statistics show a long-term upward trajectory. STF market analyst team projects that Bitcoin price will surpass the 100,000 USD mark in the next three years. Owing to that projection, the group of analysts believes that Bitcoin mining would become a top-flying investment opportunity. STF intends to harness the opportunity by owning a Bitcoin mining farm. As part of the ongoing negotiation, the company is considering the possibility of a joint venture or independent initiative.

Although it is unclear how STF will eventually proceed, the company has opened its doors to investors and other companies that would be interested in partnering to own a Bitcoin mining farm. One clear thing is that the company intends to replicate the success it has recorded so far in its brokerage business in this new venture. Tom Wood further stressed that the company would be employing the best hands to ensure the Bitcoin mining farm do not only come to fruition but be successful.

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Chainlist.finance will further assist them to launch their NFTs on different blockchains. Chainlist.finance is compatible with cross-chain blockchain and cross-chain social media. 

Chainlist.finance offers multiple new and updated features that have not been offered by any other blockchain project. This project, however, explores different areas of improvement, and tries to stick two incomplete pieces in order to create a single masterpiece.

Besides, social media is no longer confined to entertainment. Many people have made a good fortune out of it, and the number of those individuals is only increasing. Individuals that are already monetizing social media, and those who create content only as a hobby, both, are provided with a passive income opportunity through Chainlist.finance. NFTees trading volume surged in the third quarter of 2021 to $16.67B. Considering that number chainlist is offering passive income where an artist can earn upto $50k on average

Users of Chainlist.finance will be able to convert their digital content into NFTs, without going through the hustle of creating a digital currency wallet, purchasing native tokens and utilizing them to create NFTs. On the contrary, users will be able to convert their digital content into non-fungible tokens relatively easily, through just a few clicks.

As the diagram explains for itself, Chainlist.finance will use its NFT bridge to offer interoperability. Users will be able to buy and sell in different blockchain marketplaces without having to shift to other crypto wallets.

Once users authorize their social media accounts with the application, they will be able to mint or buy/sell NFTs. In addition to that, users who do not want to connect their social media accounts, will be able to directly convert their organic data into NFTs.

Chainlist.finance takes up on the challenge to amalgamate both industries to create a by-product that is enabled to transform usual digital content on social apps into NFTs, and launching them on different blockchain marketplaces. Aside from creating NFTs, Chainlist.finance offers exciting features.

What Chainlist is offering ?

Metaverse

Chainlist.finance offers metaverse with augmented and virtual reality to enable influencers and their followers to conduct virtual events. Users will be able to request their celebrities for personalized content that can be published on either marketplace with the consent of both parties.

Staking

Chainlist.finance offers staking with its native token $Clist in return offers upto 509,555.25% APY. Users can do staking in two ways: $Clist-$Clist or $BNB-LP $Clist pools

Governance

Chainlist.finance is a decentralized structure with its native token $Clist which can be used to participate in governance structure of the platform.

Cross chain interoperability

Through the Chainlist NFT bridge users will be able to access multiple blockchains through cross chain interoperability feature. In addition, users will be able to make transactions on different blockchains with a single wallet through Chainlist NFT bridge.

Desktop and Mobile application
Chainlist.finance has compatible applications for desktop and mobile sets in order to offer better user experience.

Third party use-case and applications
Chainlist will have its own open source code on github, third party platforms will be able to adopt usability and scalability within the open source ecosystem. They will not have to write code from scratch, as they can adopt it from the open source.

Tokenomics

Chainlist token is already minted on the binance smart chain and has a total token supply of 1 Billion Clist token which will be distributed below;

• Private-sale 5% Tokens will be sold to Venture Capitalists and Long Term Investors.

• Pre-sale: 30% of tokens will be sold at 1 BNB = 300,000 Clist to Early Investors.

• Initial liquidity pool: 20% on Pancakeswap

• Marketing and strategic partnership: 8% (locked for 6 months vesting)

• Team pool: 5%, where 2% for development and 3% for R&D (tokens locked for 6 months vesting)

• ILO platform fee 2%

• Tokens locked for staking reward in contract: 30%

Mission and vision

Chainlist has the mission to create an integrated space for social media platforms and blockchain. It is on the mission to create a source of passive income for social media users through non-fungible tokens, and staking for Chainlist.finance community. 

The platform is designed in a way to facilitate users to easily transfer their digital content into non-fungible tokens. It also helps users to launch their NFTs across different blockchain marketplaces, which is a big flex for a project of this nature.

Chainlist.finance is a one-stop marketplace for social media users to monetize their personal content that includes images, GIF, videos and music. Users can turn their viral content into NFTs and sell for fortune including the 5% royalty on each trade. So what are you waiting for?

Social Media

• Website: http://chainlist.finance

• Whitepaper: https://chainlist.finance/whitepaper.pdf

• Medium: https://chainlist.medium.com/

• Github: https://github.com/ChainlistNFTs

• Telegram: https://t.me/ChainlistNFTs

• Twitter: https://twitter.com/chainlistnfts

• Facebook: https://www.facebook.com/Chain-List-Finance-112727674539959

• YouTube: https://www.youtube.com/channel/UCgMvLtzPMd4JTXdqO8CPEwQ

• Reddit: https://www.reddit.com/r/chainlistnfts/

• Contact: info@chainlist.finance

Role of CFO in today's dynamic and competitive environment is very critical and he is the prime advisor to CEO. Let's checkout more details.

LinkedIn has today entered the service marketplace business. This is substantial news in the rapidly evolving work landscape. Now anyone can use LinkedIn’s ‘Open to Work’ feature at the top of their profile to indicate availability to provide services, either local or remote, across 250 pre-defined categories (shortly expanding to 500), with for now no […]

Crowdfunding is one of the best ways of raising funds for a business, startup, or content creator. Due to the flexibility and customizability crowdfunding offers, these platforms have become very popular recently, and both investors and fundraisers are being benefitted from these platforms. Even though crowdfunding platforms offer a ton of benefits, they aren’t perfect. They offer a ton of benefits as well as some drawbacks, and it’s important to know both before you decide to invest in crowdfunding. In this article, we’ll discuss both the benefits and drawbacks of crowdfunding programs. Let’s get right to it. Drawbacks of Crowdfunding […]

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