Technology Firm Project44 Acquires Danish Partner GateHouse
Project44, a Chicago-based freight technology firm, has acquired GateHouse Logistics, a Danish firm it partnered with earlier this year as part of a move to provide shipment visibility to customers in North America and Europe.
Terms of the deal were not disclosed.
“Many global businesses — from retailers to manufacturers — are looking for ways to digitally transform their supply chains and create new business value,” project44 founder and CEO Jett McCandless said in a statement Dec. 4. “By bringing our companies together permanently, we have created the first ever single-pane view into all our customers’ global shipments.”
GateHouse is based in Norresundby, Denmark.
“Our mission is perfectly aligned with project44,” said Jesper Bennike, former GateHouse CEO and current project44 executive vice president of business development. “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.”
More than 175,000 carriers are connected to project44’s platform, which draws data from electronic logging devices and telematics systems on vehicles, railcars and intermodal containers.
