Terms were not disclosed. The two companies will work to integrate the DCS products into Freightdesk’s ‘application service provider’ model of selling software. DCS said it will license its software to Freightdesk and receive revenue on a per transaction basis.
Freightdesk and DCS expect a commercial roll-out within the next four months.
ASP software providers offer software applications to users on a per transaction basis, bypassing the costly licensing and installation process. “Costs are amortized across millions of transactions, making this a very powerful tool for small and medium-sized forwarders and brokers,” said Rob Quartel, chief executive officer of Freightdesk.com.
Quartel formed Freightdesk recently after attracting venture capital and buying a freight forwarding software firm called Accurate Software.
DCS, which includes U.S. software company H.B. Ulrich & Associates, is one of the world’s largest providers of international forwarding software.
Freightdesk “will assist us in reaching beyond our current market by bringing the best products for reasonable prices to the entire industry,” said Hank Ulrich of DCS.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now