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Freight, Transportation

Transfix Integrates with e2open Transportation Management System to Offer Shippers Real-Time and Spot Market Rates

Transfix, Inc. ("Transfix"), the Intelligent Freight Platform™, announced new API connectivity with e2open's global multi-modal Transportation Management System (TMS), providing shippers with easy automated access to dynamic market rates and capacity.

Transfix's new integration with e2open, the connected supply chain SaaS platform with the largest multi-enterprise network, will allow shippers on e2open's platform to access Transfix's nationwide network of top-performing full truckload (FTL) carriers for van and reefer equipment types. Shippers will have access to both real-time rating and spot market rates within the e2open TMS via Transfix's Real-Time Rating (RTR) API and the Spot Market API.

"Efficiency and reliability are top of mind for our customers, and this partnership helps drive those goals forward These integrations provide access to a reliable carrier network and remove the 'rate guesswork,' allowing shippers to focus on optimizing their operations and business growth."

-Tony Tzeng, Chief Product Officer at Transfix.

Through the RTR API, shippers gain instant visibility into Transfix pricing; these rates automatically appear in shippers' routing guides without the hassle of maintaining contracted rates or sourcing from the spot market. Shippers can leverage this real-time information to book with confidence and speed up their spot market engagements by reducing the time from quote to tender.

The Spot Market API greatly reduces manual processes, increases the response rate to spot loads, and provides reliable pricing for individual shipments. There is a long-standing void at the intersection of capacity, service, and price. The Spot Market API brings confidence and a competitive edge to shippers looking to bring their freight operations into the future, Tzeng added.

Transfix's new TMS integration with e2open was built with simplicity in mind, with a setup that involves a fast and easy online process with only a few clicks and requires no IT assistance (no phone calls or emails). Visit Transfix.io to learn more about the full-scale Intelligent Freight Platform™.

About Transfix
Transfix drives modern supply chain impact at scale with its Intelligent Freight Platform™. By combining enterprise-grade, machine-learning technology with intuitive software and dedicated supply chain experts, Transfix is enabling organizations to deliver with high performance and high reliability, drive long-term strategy and capacity planning, take empty miles off the road, and optimize their networks, at scale. Today, Transfix connects shippers to nearly 30,000 carriers with real-time, many-to-many freight matching and the visibility they need to make their supply chains more efficient and environmentally responsible. Learn more at Transfix.io.

About G Squared
G Squared is a global venture capital firm that partners with dynamic companies throughout their life cycles as a complete capital solutions provider, working to create value for companies, investors, employees, and other stakeholders. The firm focuses on investments in growth-stage technology companies and has invested in over 100 portfolio companies since it was founded in 2011. The firm's affiliate, G Squared Ascend I Inc. ("G Squared Ascend I"), offers transformative private companies a path to public markets via SPAC. For more information on G Squared and its portfolio, visit: www.gsquared.com. For more information on G Squared Ascend I, visit: www.gsquaredascend.com.

About e2open
E2open is the connected supply chain software platform that enables the world's largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 400,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 12 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one.™ Learn More: www.e2open.com.

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