Transportation Insight Holding Company Acquires Platinum Circle Group to Extend Multimodal Transportation Management Technology
ATLANTA – (COMMERCIAL THREAD) – Transportation Insight Holding Company (“TI Holdco” or “the Company”), a leading provider of enterprise logistics and technology-less freight brokerage solutions in North America, today announced the acquisition of Platinum Circle Group, a leading company in parcel transportation technologies and managed services. The acquisition adds next-generation transportation management and e-commerce technology solutions to TI Holdco’s end-to-end logistics platform. These technology solutions allow shippers to proactively manage shipping performance and product margin in real time from a single platform. Platinum Circle Group will operate as a subsidiary of TI Holdco.
“Platinum Circle Group has set the standard for technological innovation in the parcel transportation industry by integrating real-time tracking, performance capability and margin analysis directly into its transportation management system (TMS ), which allows shippers to optimize their strategy from the start. a shopping cart order, ”said Ken Beyer, CEO of TI Holding Company. “By combining our in-depth expertise in the field and our solid technological capabilities, we provide our customers with revolutionary solutions throughout the transport value chain.
Platinum Circle Group, led by founders Jim Hamilton and Tim Geiken, has developed cutting-edge technologies that help shippers optimize their transportation spend through a combination of data analysis and visualization tools, management systems freight, reporting solutions and a proprietary TMS. The company’s technology solutions allow shippers to optimize and manage costs in real time from the time an individual SKU is entered into an online shopping cart through to last mile delivery. Platinum Circle Group has 20 years of innovation experience providing services to some of the world’s largest retailers, distributors, and e-commerce companies. Jim Hamilton and Tim Geiken will continue to lead the branch as part of TI Holdco’s Parcels business and will focus on accelerating the deployment of Platinum’s technology solutions to streamline workflows, integrate powerful analytics and increase flexibility throughout the supply chain.
“By partnering with TI Holdco, we are putting the pieces together to connect the critical data, analytics and transportation management technologies needed to transform the transportation industry,” said Hamilton. “Our goal to deliver full transparency and actionable information throughout the parcel supply chain, as well as TI Holdco’s strengths in brokerage, managed transportation, enterprise logistics and delivery solutions. last mile delivery, will create exciting new growth opportunities and drive the industry forward. ”
TI Holdco is a holding company of Gryphon Investors, a leading private equity firm focused on profitable growth and improving the competitiveness of mid-market companies in partnership with experienced management.
About Transportation Insight HoldCo
Transportation Insight HoldCo serves its customers through corporate logistics provider Transportation Insight, LLC, and freight brokerage Nolan Transportation Group. Together, these companies help shippers and carriers design efficient supply chain networks. Together, the $ 4.3 billion Holdco IT organization serves more than 10,000 customers with logistics management services that include domestic transportation (TL, LTL, Parcel), e-commerce solutions, market analysis supply chain, international transportation, warehouse sourcing, LEAN consulting and supply chain sourcing. .