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.
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.