Transportation Insight to acquire Spend Management Experts.

Transportation Insight, a North American provider of enterprise logistics solutions, agreed to acquire Spend Management Experts, a provider of parcel optimization, transportation management and e-commerce services helping companies optimize their parcel and e-commerce spend. Financial terms were not disclosed. "We are excited to join the Transportation Insight team. By combining both companies' scale, we provide more resources to our existing customer base, and create one of the largest small parcel management and optimization companies in North America. In 2020, large parcel shippers were forced to reevaluate their carrier relationships. Capacity and price were key challenges to maintaining a competitive edge and will continue to be major challenges in 2021. By uniting with Transportation Insight, the team will provide our combined client base with best-in-class strategy and planning solutions," John Haber, Spend Management Experts CEO.