Envase Technologies has acquired Tailwind Transportation Software to grow its transportation management system (TMS) offering to the North American trucking sector.
Financial terms of the deal were not disclosed.
Tailwind, based in Delta, British Columbia, offers TMS for freight forwarding, brokerage, intermodal and over-the-road trucking services.
“Our larger carriers with both intermodal and over-the-road fleets will benefit from access to a robust set of tools to help them efficiently manage both intermodal and over-the-road operations,” said Envase CEO Larry Cuddy Jr. in a statement.
Cuddy also complimented Tailwind’s software for its ability to provide end-to-end visibility and management to move intermodal freight across ports, rail yards and warehouses and to final destinations.
In addition, Tailwind will increase Envase’s presence in the Canadian market, with its more than 500 customers and thousands of drivers already using the software, Cuddy told American Shipper.
Cuddy said Envase will retain Tailwind’s Canadian office, including bringing on board its 15-person staff and retaining Reg Robazza as head of the operation.
Envase was formed in June through the combination of three longtime intermodal container and drayage TMS providers and with investment backing from The Firmament Group.
The acquisition of Tailwind was the second by Envase this month. The company recently acquired SecurSpace, an online marketplace that connects truckers with available parking and storage lots.
Click for more FreightWaves/American Shipper articles by Chris Gillis.
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