Brokers align with TMS providers in push for data-driven supply chains
Amazon Freight is expanding its reach into the commercial trucking arena. The e-commerce giant’s truckload brokerage ...
Photo: © Dreamstime.com
PRESS RELEASE
Körber and KKR announce the strategic acquisition of MercuryGate to strengthen their supply chain software business
The acquisition is a strategic move that extends Körbern solutions, delivering increased flexibility, scalability and resiliency to customers.
August 06, 2024 10:30 AM Eastern Daylight Time
HAMBURG, Germany & MINNEAPOLIS & CARY, N.C.–(BUSINESS WIRE)–Körber Supply Chain Software, a joint venture between Körber AG and KKR, and leader in end-to-end supply chain software solutions, signed a binding agreement to acquire MercuryGate International Inc., a leading provider of transportation management systems (TMS). MercuryGate is known for its strong capabilities in multimodal optimization and execution, as well as its expertise and capabilities in driving rapid implementation and time to value. The acquisition is a strategic move that extends Körber Supply Chain Software’s capabilities in delivering a comprehensive, innovative, adaptable and scalable supply chain execution portfolio.
The full release can be download here.
Comment on this article