MercuryGate Buys ClearTrack Information Network
November 11, 2022
MercuryGate
is extending its capabilities in real-time shipment visibility to encompass
every segment of the shipment lifecycle – from first-to-final mile – with the
acquisition of ClearTrack Information Network.
Financial terms were not disclosed.
“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. ClearTrack also monitors, collects, creates
and controls supply chain compliance documentation ensuring that no order is
released for shipment without acceptable compliance results and required
certifications. Shippers and 3PLs can eliminate costly shipment delays or
non-delivery due to non-compliance in order to reduce costs, improve the flow of
goods and minimize risk.
“Supply chain transportation management will continue to grow in complexity,”
said Juliano. “By expanding our visibility offerings with ClearTrack, our
customers gain visibility to the critical ocean segment that enables proactive
exception management from the TMS based on data-driven, predictive insights.
Combining the best of MercuryGate and ClearTrack allows us to offer broader
capabilities through a single provider, helping customers simplify their
transportation management, manage costs, prevent risk and increase
sustainability. |