Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Transportation Insight adds TMS vendor to stable with fourth acquisition in two years

Private equity-backed freight broker buys SwanLeap in move to build a multimodal transportation management platform.

swanleap-1152x1152x_611848.jpeg
Ben Ames
By Ben AmesNov 30, 2021
Ben Ames
Ben Ames is Editor at Large and a Senior Editor at Supply Chain Xchange's sister publication, DC Velocity.
See Full Bio

Private equity-backed logistics and transportation service provider Transportation Insight LLC is back on the acquisition trail, announcing today that it has rolled up the transportation management system (TMS) software vendor SwanLeap.

Terms of the deal were not disclosed, but Hickory, North Carolina-based Transportation Insight said that it would add Madison, Wisconsin-based SwanLeap’s multimodal TMS and analytics tools to its existing end-to-end logistics services, “creating a comprehensive multimodal transportation management platform.”

The move is latest corporate buyout by Transportation Insight Holding Company (TI Holdco), which is a portfolio company of the private equity firm Gryphon Investors and provides non-asset, tech-enabled logistics and freight brokerage solutions.

Earlier this month, TI Holdco also bought Platinum Circle Group, a parcel transportation technology and managed services company. It now plans to integrate Platinum’s platform with with SwanLeap’s technology in a bid “to accelerate its transformation of the logistics industry by giving shippers unparalleled visibility and control throughout the supply chain.”

Additional acquisitions made by TI Holdco in 2021 include the managed transportation and freight audit service provider Transaver Global Services Inc. and the supply chain consulting firm Spend Management Experts LLC.

In 2019, TI Holdco bought the less than truckload (LTL) freight brokerage Meridian Logistics LLC, as well as various divisions of the technology-enabled transportation management business The Transportation Specialist’s Group Inc. (TSG). And those moves followed TI Holdco’s 2018 merger with the non-asset freight brokerage Nolan Transportation Group.

“This acquisition accelerates our existing technology development pipeline by two-to-three years,” Brian Work, Chief Technology Officer of TI Holdco, said in a release. “SwanLeap has built an incredibly robust TMS architecture that will serve as a powerful foundation for future technology development across all our businesses. Together, we will make it possible for shippers to take control of their supply chains in real-time, using data, analytics and seamless platform integration to react faster to immediate supply chain challenges and interruptions and look ahead to make strategic decisions that will have a massive impact on their bottom lines.”

ArticleTransportationMoveTechnologyTech & InfrastructureThird-Party LogisticsTrucking
transportation insight holding company
ArticleTransportationMoveTechnologyTech & InfrastructureThird-Party LogisticsTrucking
transportation insight holding company

Recent

Report: Supply chain redesigns should focus on balance, speed, and strength
Featured

Report: Supply chain redesigns should focus on balance, speed, and strength

Roboteon announces breakthrough simulation capability for mobile robots in distribution
Industry Press Room

Roboteon announces breakthrough simulation capability for mobile robots in distribution

More Stories

AI image of a dinosaur in teacup

Amazon to release new generation of AI models in 2025

Logistics and e-commerce giant Amazon says it will release a new collection of AI tools in 2025 that could “simplify the lives of shoppers, sellers, advertisers, enterprises, and everyone in between.”

The launch is based on “Amazon Nova,” the company’s new generation of foundation models, the company said in a blog post. Data scientists use foundation models (FMs) to develop machine learning (ML) platforms more quickly than starting from scratch, allowing them to create artificial intelligence applications capable of performing a wide variety of general tasks, since they were trained on a broad spectrum of generalized data, Amazon says.

Keep ReadingShow less

Featured

photo of worker at port tracking containers
Plan

Trump tariff threat strains logistics businesses

An illustration of five trucks connected by lines and hubs to give the appearance of a network.
Blog

How an advanced TMS optimizes supply chain performance

chart of sectors leasing warehouse space
Store

3PLs claim growing share of large industrial leases, CBRE says

Plan

Starbucks adds risk management program to help protect its supply chain

Logistics economy continues on solid footing
Logistics Managers' Index

Logistics economy continues on solid footing

Economic activity in the logistics industry expanded in November, continuing a steady growth pattern that began earlier this year and signaling a return to seasonality after several years of fluctuating conditions, according to the latest Logistics Managers’ Index report (LMI), released today.

The November LMI registered 58.4, down slightly from October’s reading of 58.9, which was the highest level in two years. The LMI is a monthly gauge of business conditions across warehousing and logistics markets; a reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
chart of top business concerns from descartes

Descartes: businesses say top concern is tariff hikes

Business leaders at companies of every size say that rising tariffs and trade barriers are the most significant global trade challenge facing logistics and supply chain leaders today, according to a survey from supply chain software provider Descartes.

Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.

Keep ReadingShow less
diagram of blue yonder software platforms

Blue Yonder users see supply chains rocked by hack

Grocers and retailers are struggling to get their systems back online just before the winter holiday peak, following a software hack that hit the supply chain software provider Blue Yonder this week.

The ransomware attack is snarling inventory distribution patterns because of its impact on systems such as the employee scheduling system for coffee stalwart Starbucks, according to a published report. Scottsdale, Arizona-based Blue Yonder provides a wide range of supply chain software, including warehouse management system (WMS), transportation management system (TMS), order management and commerce, network and control tower, returns management, and others.

Keep ReadingShow less
drawing of person using AI

Amazon invests another $4 billion in AI-maker Anthropic

Amazon has deepened its collaboration with the artificial intelligence (AI) developer Anthropic, investing another $4 billion in the San Francisco-based firm and agreeing to establish Amazon Web Services (AWS) as its primary training partner and to collaborate on developing its specialized machine learning (ML) chip called AWS Trainium.

The new funding brings Amazon's total investment in Anthropic to $8 billion, while maintaining the e-commerce giant’s position as a minority investor, according to Anthropic. The partnership was launched in 2023, when Amazon invested its first $4 billion round in the firm.

Keep ReadingShow less
Copyright ©2024.