Cargotec-backed Navis completed the acquisition of Biarri Rail.

Cargotec-backed Navis, the provider of operational technologies and services, completed the acquisition of Biarri Rail, a global provider of planning and scheduling optimization software for freight railroads. Financial terms were not disclosed. "At Navis, we are excited to now be able to complement our market leading port-based TOS solutions with truly first-class offerings for rail freight globally. Rail freight companies are investing in new digital initiatives in planning in order to increase efficiency and the return on investment of their supply chain assets. The Biarri Rail team is a true blend of technologists and mathematicians, one hundred percent focused on optimizing every step of intermodal rail operations. Existing Biarri Rail customers are thrilled with the substantial cost-savings and efficiencies that Biarri Rail solutions have brought to their business," Benoit de la Tour, Navis President.