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GlobalTranz Boasts Ninth Acquisition in Two Years

GlobalTranz Boasts Ninth Acquisition in Two Years

Circle 8 Logistics is the latest company to be added to the list of acquisitions for leading third-party logistics solutions provider, GlobalTranz. The company confirmed the acquisition this week, confirming added support for expansion efforts specifically in the Chicago region while adding value to 3PL initiatives.

“Circle 8 has a strong history of providing its customers with superior services and logistics solutions,” said Renee Krug, CEO of GlobalTranz.  “Circle 8 has combined a focus on people, processes and technology to drive growth via unique solutions for its customers and strong carrier partnerships. The combination will further accelerate our growth and market leadership in the 3PL industry,” she added.

Circle 8 is a third-party multimodal transportation and logistics services provider with a reputation of ethical business practices combined with its extensive history of satisfied customers represented in its 98 percent customer retention rate.

“Since the founding of our business in 2001, Circle 8 has provided innovative solutions with honesty and integrity,” said Mike Lewis, co-founder and co-CEO of Circle 8.

The Lombard-based company represents the ninth acquisition for GlobalTranz since January 2017.

“GlobalTranz is clearly executing on its strategy of driving growth both organically and via complementary, accretive acquisitions,” said Bob Farrell, executive chairman of GlobalTranz. “Our unique hybrid combination of the best independent freight agents in the industry with our strong direct channels is a clear differentiator. Circle 8 will further enhance our channels to market.”

GlobalTranz Announces New Transportation Management System

GTZcommand – known as “The ultimate control tower for real-time freight management,” is the latest and greatest TMS creation from leading technology and third-party logistics solutions company, GlobalTranz Enterprises. The company revealed the advanced software during this year’s annual conference, adding to the already impressive list of award-winning cloud-based multi-modal Transportation Management System (TMS) products offered to customers.

“GTZcommand is multimodal, multi-vendor, and multi-currency, and takes a holistic view of our client’s shipments as individual movements, independent of mode.  Our customers view logistics and transportation as a strategic imperative. Our software and solutions provide our customers with competitive and operative advantages. We make complex movements simple,” said chief technology officer Greg Carter.

Features of the new TMS include a mobile optimized design, enhanced product security, “always up” durability, pricing engines, as well as API compatibility, providing seamless integration with enterprise systems. Additionally, the product provides a variety of tools for shippers, carriers, and logistics service providers through its integration with the GTZconnect™ software suite.

“Since our founding in 2003, GlobalTranz has maintained a steady focus on developing industry-leading technology to serve the needs of shippers, carriers, and logistics service providers.  As a technology company, we are focused on continually improving the user experience through significant product innovation,” said Renee Krug, GlobalTranz’s chief executive officer. “GlobalTranz will continue to deliver solutions that shippers need to thrive in today’s changing market, including predictive analytics, machine learning, and automation.”

Source: GlobalTranz