Kewill buys LeanLogistics in combination of big TMS players
dcvelocity | May 05, 2016
Kewill Inc. said today it will buy rival transportation management systems (TMS) provider LeanLogistics Inc. from its Australian parent Brambles Ltd. for a reported $118 million, a global combination of two major players in the increasingly busy hosted TMS segment.The acquisition creates a combined TMS platform with more than 14,000 carrier partners that make up the largest network of any North American provider, the companies said. The combined firms manage more than $10 billion in annual freight spend.