Transplace Acquires Lanehub, a Transportation Collaboration Networking Company, to Further Enhance Transportation Management Technology Leadership

▤ Summary

DALLAS--(BUSINESS WIRE)--Transplace, a leading provider of transportation management services and logistics technology solutions, today announced the strategic acquisition of Lanehub, a cloud-based platform and community that encourages shipper-carrier collaboration by automatically identifying and connecting companies with complementary freight lanes to save on shipping expenses. The software focuses on matching recurring freight lanes on a consistent basis, in an effort to reduce transportation cost, increase fleet revenue, and improve overall carrier service and performance. “By joining our software solutions, we can create incredible opportunities to connect and convert traditional one-way moves into more collaborative round trips, significantly reducing empty miles and poor asset utilization. We look forward to leveraging the Lanehub platform to further drive results to our bottom line in very creative ways.” Connect with a Transplace expert to learn more about our logistics management services and customized strategies for automotive, manufacturing, retail, consumer packaged goods companies and world-renowned brands: transplace.com/transplace-contact. Lanehub is a cloud-based collaborative transportation network that enables shippers or carriers to match recurring freight lanes on a consistent basis to jointly source capacity or better utilize private or dedicated fleets.

▦ Linked Companies

Transplace

$1B+