RTS Names GlobalTranz Executive Chairman to Board of Directors

Recycle Track Systems (RTS), a technology-driven waste and recycling management company, announced it has added “significant transportation and logistics expertise” to its Board of Directors with the appointment of Bob Farrell, executive chairman of GlobalTranz, a technology company providing cloud-based multimodal transportation management system (TMS) products to shippers, carriers, third-party logistics providers and brokers.

“We are thrilled to welcome Bob Farrell to our board. Bob brings to RTS strong experience and knowledge in the world of transportation technology and process optimization,” said Greg Lettieri, CEO and co-founder of RTS, in a statement. “Bob’s valuable and diverse expertise will help our company’s continued growth and expansion efforts. GlobalTranz’s strong history of providing its customers with superior service and logistics runs parallel with our combined emphasis on our customers, processes and optimized routing capabilities.”

RTS solutions incorporate fleet-based technology that streamlines collection routes, provides data analytics and fosters real-time communication between all relevant parties in the waste ecosystem including garbage, recyclables, compost, e-waste and reusable materials. RTS said it helps its customers manage waste more responsibly while providing a high level of service and automation.

“I am excited to join the RTS board of directors,” said Bob Farrell. “RTS is creating unique technology innovation, process automation and controls that produce more efficient, service-minded, waste conscious collection in an asset-light business model. The company’s focus on sustainability has quickly made it a market leader poised for even greater future success. I look forward to working with the RTS board and management in the exciting next steps of RTS’ evolution.”

Farrell has more than 30 years of experience and a proven track record of building high-growth software and technology-driven companies. He is a four-time CEO and brings to RTS relevant experience in technology, process management, go-to-market strategies, asset-light business models and mergers and acquisitions.