MercuryGate Extends Ocean Freight Procurement, Visibility and Supply Chain Compliance Capabilities with Strategic Acquisition

▤ Summary

“ The non-stop disruptions to supply chains in recent years and the increasing demands of socially-conscious, need-to-know consumers have created a growing need for transparency and visibility into shipments, down to item, order and container-level tracking,” said MercuryGate President & CEO Joe Juliano. “ The addition of ClearTrack brings our customers the distinct advantage of being able to see ocean shipments in real-time, take immediate action to resolve issues and continuously improve for better decision-making and extending MercuryGate’s end-to-end modality management.” Founded in Brentwood, Tennessee, ClearTrack is a leading provider of supply chain management (SCM) software and services that bring richer and deeper ocean freight procurement and tracking capabilities to MercuryGate customers at the container, order and item levels. Through the creation, operation and delivery of innovative, cost-effective, reliable supply chain technology applications and services, ClearTrack empowers leading retail, brand and manufacturing companies to work better in a unified, virtual environment to realize clarity across the global trading network. MercuryGate’s Smart Transportation™ suite provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, brokers and carriers. The comprehensive Software-as-a-Service (SaaS) product suite natively supports all transportation modes and segments, generating value for its users through improved cost, productivity and efficiency using artificial intelligence (AI), machine learning (ML) and connected technologies to adapt and automate transportation management functions.

▦ Linked Companies

MercuryGate

$50M to $100M