MercuryGate Extends Ocean Freight Procurement, Visibility and Supply Chain Compliance Capabilities with Strategic Acquisition

Company expands offerings in ocean capacity procurement and visibility and trade compliance – providing customers seamless, predictive item, order and container-level tracking

CARY, N.C.–(BUSINESS WIRE)–MercuryGate® International, Inc., (MercuryGate) the largest dedicated transportation management and logistics solutions provider, today announced it 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.

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.”

Financial terms were not disclosed.

About ClearTrack

ClearTrack is a leading provider of Supply Chain Management (SCM) software and interactive services. Through the creation, operation and delivery of innovative, cost-effective, reliable supply chain technology applications and services, ClearTrack empowers leading retail, brand and manufacturing companies to work better in a unified, virtual environment to realize clarity across the global trading network.

About MercuryGate

MercuryGate’s Smart Transportation™ suite provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, brokers and carriers. The comprehensive Software-as-a-Service (SaaS) product suite natively supports all transportation modes and segments, generating value for its users through improved cost, productivity and efficiency using artificial intelligence (AI), machine learning (ML) and connected technologies to adapt and automate transportation management functions. Smart Transportation makes shipping intelligent, simple, sustainable, and transformative for customers. Learn more about MercuryGate at www.mercurygate.com.

Contacts

PR@mercurygate.com

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