project44 announced the acquisition of GateHouse Logistics, based in northern Denmark, to create the largest visibility platform across North America and Europe and accelerate development of future global visibility offerings.
project44 has a visibility platform used by shippers and third-party logistics firms. The project44 network has more than 175,000 capacity providers, more than 550 telematics data partnerships and integrations with all major transportation management systems (TMS), such as SAP, Oracle and JDA.
“Many global businesses – from retailers to manufacturers – are looking for ways to digitally transform their supply chains and create new business value,” said Jett McCandless, CEO and founder of project44. “We partnered with GateHouse Logistics earlier this year because they offer the largest European capacity provider network, share our commitment to high-fidelity data and have a ‘customer first’ mentality. By bringing our companies together permanently, we have created the first ever single-pane view into all our customers’ global shipments.”
On November 27, Gartner, Inc. released a Market Guide for Real-Time Visibility Providers, indicating that the visibility market has grown to include dozens of players. Most companies are active in either North America or Europe but have difficulty expanding across both regions due to divergent industry characteristics, technology options and carrier needs.
All GateHouse Logistics solutions will immediately become part of the project44 platform. Current GateHouse Logistics offerings will continue to be supported, and all employees will become employees of project44.
Jesper Bennike, former GateHouse Logistics CEO and current project44 executive vice president of business development said, “Our mission is perfectly aligned with project44. By coming together to create the largest visibility platform across North America and Europe, our customers will be able to capture the deep business value that a single global provider can enable, while gaining access to the high-fidelity data analytics, automation and predictability of the project44 Advanced Visibility Platform.”