Transportation Insight Announces Acquisition of Parcel Logistics Leader
HICKORY, NC (November 17, 2015) – Transportation Insight, a leading global third-party logistics (3PL) provider, announces its acquisition of BirdDog Solutions, one of the most highly regarded providers of parcel logistics solutions in North America. The transaction advances Transportation Insight’s already proven small package offering to a more robust suite of services that includes parcel logistics optimization, parcel auditing and advanced parcel analytics.
The parcel logistics technology infrastructure created as a result of the merging of the two companies – Transportation Insight Parcel Solutions – gives Transportation Insight clients Tier One solutions across all transportation modes and enables shippers to leverage an optimized supply chain as a competitive advantage.
“Integrating these two organizations brings our clients more expertise, tools and technology,” says Chris Baltz, Transportation Insight President and Chief Executive Officer. “The vision and innovation of our combined resources, along with our willingness to go the extra mile to ensure client satisfaction, enables us to deliver maximum value.”
Transportation Insight has long been recognized as a solver of complex, global supply chain challenges by developing and executing supply chain solutions specifically tailored to each client’s needs. Transportation Insight Parcel Solutions drives process automation, simplifies complex GL coding, delivers business intelligence and brings clients opportunities for strategic enterprise improvement.
“Our team is thrilled to join forces with a company of Transportation Insight’s capability and reputation,” says Ken Wacker, former President of BirdDog Solutions. “The solutions-based business model and logistics toolkit that we have in place is very appealing to a broad base of companies. We will continue our efforts to help shipper supply chains operate at maximum efficiency levels while delivering the best experience possible to their end customers.”
The acquisition moves Transportation Insight closer to achieving its long-range growth plans. The company projects an expansion to nearly $5 billion in gross revenue by January 1, 2020, becoming the largest and most reputable provider of value-based logistics in North America.
“We are very excited about the positive impact of the industry-leading talent and technology we’ve gained through this acquisition,” says Transportation Insight Founder and Chairman Paul Thompson. “With the infrastructure we now have in place, we are well-positioned to become the logistics services provider of choice for companies relying on e-commerce as a critical delivery channel.”
With a client base of more than 1,000 companies across all major sectors of the North American economy, the 3PL now sees annual gross revenues of more than $1.55 billion and has more than $4.6 billion in supply chain spend under management.
About Transportation Insight, LLC
Transportation Insight is a global lead logistics provider with more than $4.6 billion in supply chain spend under management. For more than 15 years, the 3PL has partnered with hundreds of manufacturers, distributors and retailers to achieve significant cost savings, reduce cycle times and improve customer satisfaction rates by providing customized supply chain solutions. Transportation Insight offers a Co-managed Logistics® form of 3PL, carrier sourcing, freight bill audit and payment services, state-of-the-art transportation management system (TMS) applications and business intelligence. Its logistics services include Tier One domestic transportation solutions across all modes, supply chain analytics, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing of indirect materials. Headquartered in Hickory, NC, Transportation Insight has secondary operating centers in Atlanta, GA, Bentonville, AR, Charlotte, NC, Omaha, NE and Salt Lake City, UT, as well as more than 50 client support offices across North America. For more about Transportation Insight, visit www.transportationinsight.com.