VEHO Industry Update: This article highlights developments relevant to the freight, logistics, and supply chain industry.
Descartes Acquires Tai for $100 Million, Expanding Its Freight Brokerage Technology Stack
Descartes Systems Group has acquired Tai Software, an AI-powered transportation management system provider focused on freight brokers, for approximately $100 million. The transaction was funded with cash on hand. The acquisition expands Descartes’ transportation management capabilities while bringing Tai’s transaction, carrier, and shipment-execution data into the Descartes Global Logistics Network. More broadly, it strengthens Descartes’…