MercuryGate expands TMS visibility through second acquisition in two years

MercuryGate expands TMS visibility by second acquisition in two years

Transportation administration system (TMS) software program vendor MercuryGate Worldwide Inc. says its acquisition on Tuesday of a provide chain administration software program agency will lengthen its real-time cargo visibility service to embody each phase of the cargo lifecycle, from first mile to ultimate mile.

MercuryGate purchased Brentwood, Tennessee-based ClearTrack Info Community, which says its software program helps retail, model, and manufacturing firms to achieve readability throughout their world buying and selling networks. Phrases of the deal weren’t disclosed. 

In response to Cary, North Carolina-based MercuryGate, it made the acquisition at a time when provide chain transportation administration is constant to develop in complexity. This transfer will ship richer ocean freight procurement and monitoring capabilities to its prospects on the container, order, and merchandise ranges. ClearTrack additionally makes use of its world commerce administration (GTM) software program to observe provide chain compliance documentation, guaranteeing that orders usually are not launched for cargo with out acceptable compliance outcomes and required certifications.

“The continuous disruptions to produce chains in recent times and the rising calls for of socially-conscious, need-to-know shoppers have created a rising want for transparency and visibility into shipments, right down to merchandise, order and container-level monitoring,” MercuryGate President & CEO Joe Juliano stated in a launch. “The addition of ClearTrack brings our prospects the distinct benefit of having the ability to see ocean shipments in real-time, take instant motion to resolve points and repeatedly enhance for higher decision-making and increasing MercuryGate’s end-to-end modality administration.”

MercuryGate has made a variety of offers and partnerships in recent times to increase its protection of transportation operations. In Might, the corporate stated it could companion with Amazon Freight, the web retailer’s transportation and freight brokerage arm, to assist shippers deal with the trucking sector’s extreme capability constraints.

In April, it additionally built-in its system with Cargo Chief, a supplier of capability procurement and pricing software program for freight brokers. And in 2021, it solid connections with Banyan Know-how and Redwood Logistics, in addition to buying the logistics optimization software program vendor Cheetah Software program Methods. These adjustments have come after MercuryGate itself was acquired in 2018 by the Boston-based personal fairness agency Summit Companions.

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