DAT acquires Trucker Tools, an innovator in real-time load tracking and visibility
17 Dezembro 2024 - 2:00PM
Business Wire
DAT Freight & Analytics has acquired the operations of
Trucker Tools LLC, a leader in load visibility, automated booking,
digital freight matching, and carrier engagement for commercial
trucking.
The acquisition will expand DAT’s ability to provide real-time
GPS tracking and load optimization on the DAT One platform. DAT One
is the industry’s largest marketplace for spot truckload freight,
with more than 668,000 loads posted daily and market rates based on
$1 trillion in freight transactions.
“Real-time load tracking and digital freight matching are among
the most dynamic technologies in our industry today and part of an
important evolution in how truckload freight transactions are
conducted,” said Jeff Clementz, Chief Executive Officer, DAT.
“Tracking and visibility have become critical needs for all of our
customers, and we couldn’t be more excited to deliver best-in-class
solutions to them with Trucker Tools’ capabilities.”
“This is a tremendous opportunity for Trucker Tools to grow and
benefit from the resources, expertise, and market reach of DAT,”
said Kary Jablonski, CEO of Trucker Tools. “By joining DAT, we’re
better positioned to shape the future of our industry while
unlocking new opportunities for customers, employees, and
partners.”
Trucker Tools provides real-time visibility for more than 750
leading freight brokers and accelerates load tendering, rate
negotiation, load booking, and digital document management through
its Smart Load Board. Its popular Trucker Tools app helps 350,000
owner-operators, carriers, and drivers find and book loads on the
spot market and manage replies to their offers and bids.
DAT acquired Trucker Tools from ASG, a portfolio company of
Alpine Investors. Trucker Tools will operate under its current
leadership, with Jablonski joining the DAT executive team.
“The technology and talented people behind Trucker Tools are an
ideal fit for DAT,” Clementz said. “We share a passion and
commitment to helping customers be more effective and profitable,
whether they’re a one-person operation or part of a large
enterprise. Together, Trucker Tools’ real-time tracking and
visibility and DAT’s freight matching and analytics solutions will
streamline the way freight brokers, carriers, and shippers do
business.”
Trucker Tools and ASG were represented by Raymond James as
financial advisor and Willkie Farr & Gallagher LLP as legal
advisor. The transaction closed today, December 17, 2024.
About Trucker Tools
Trucker Tools is a carrier-forward capacity sourcing and
load-tracking solution. Our mobile app for carriers provides
drivers with valuable resources on the road, access to a
free-to-use load board, and multiple tracking options to meet their
needs. With tremendous adoption, over 350,000 unique MCs have
downloaded our app. By leveraging what we know about our carrier
network, we have reimagined the carrier rep function with an
innovative capacity sourcing suite powered by automation and
provided leading brokerages with load tracking at over 90%
visibility compliance. Today, Trucker Tools is the
carrier-preferred freight platform. For more information visit
www.truckertools.com
About DAT Freight & Analytics
DAT Freight & Analytics operates both the largest truckload
freight marketplace and truckload freight data analytics service in
North America. Shippers, transportation brokers, carriers, news
organizations, and industry analysts rely on DAT for market trends
and data insights based on more than 400 million annual freight
matches, and a database of $150 billion in annual freight market
transactions.
Founded in 1978, DAT is a business unit of Roper Technologies
(Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and
Fortune 1000. DAT is headquartered in Beaverton, Ore. Visit dat.com
for more information
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241217380802/en/
Media contacts: Georgia Jablon DAT Freight &
Analytics georgia.jablon@dat.com 904.305.6454
Stephen Petit DAT Freight & Analytics stephen.petit@dat.com
425.443.8976
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