Announced
Synopsis
Transportation Insight, a provider of non-asset, tech-enabled logistics and freight brokerage solutions, agreed to acquire SwanLeap, a transportation management software company. Financial terms were not disclosed. “This acquisition accelerates our existing technology development pipeline by two-to-three years. 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,” Brian Work, TI Holdco Chief Technology Officer.
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