Mergers & Acquisitions

Mergers & Acquisitions

December 27, 2011

CargoWise and Senator International Ink Agreement to Simplify Fleet Processes

CargoWise (News - Alert) has recently inked a comprehensive agreement with Senator International, one of Germany’s largest privately owned logistics service providers, to implement its market leading ediEnterprise solution.

With this new agreement, Senator’s 1,000 individual users across its global business can utilize the CargoWise ediEnterprise solution. Senator is a global provider of logistics solutions focusing on Air & Sea cargo, Logistics Warehousing, Fourth Party Logistics and Packaging, with services including supply chain management, customs clearance, event logistics and express services.

According to CargoWise, its ediEnterprise is a highly modular set of supply chain solutions designed to automate and streamline the operations and management of international logistics service providers such as freight forwarders, NVOCCs, customs brokers, depots, container terminals, warehouses, trucking companies and ships agencies.

In so doing, the company supports and automates the highly fragmented logistics process that is used by service providers all around the world. The ediEnterprise supply chain software draws all of these disparate processes together to give the operator instant access to information and offer management transparent oversight at all times.

With clients holding more than 80,000 licenses across a customer community of 4,000 sites in 75 plus countries CargoWise solutions are an integral part of the global supply chain.

The acquisition of VivaSoft, a Canadian-based logistics technology provider has given CargoWise an opportunity to extend and expand its world class ediEnterprise application in Canada.

CargoWise plans significant investment in Canadian capabilities and will facilitate the integration of applications into its powerful global platform. The deal with VivaSoft is also expected to contribute to the growth of the company, which is currently stated to be more than 215 percent across the North American market.

Jyothi Shanbhag is a contributing editor for TMCnet. To read more of Jyothi's articles, please visit her columnist page.

Edited by Carrie Schmelkin

blog comments powered by Disqus

FREE eNewsletter

Financial Technology Industry News