MercuryGate To Acquire Transportation Claims Management Software Leader TranSolutions

Combined Transportation SaaS Solutions Drive Modernization into Transportation Supply Chain

CARY, N.C.–(BUSINESS WIRE)–#TMSMercuryGate® International, Inc., a leader in Transportation Management System (TMS) solutions, today announced it has acquired TranSolutions, Inc., the leading provider of transportation-centric claims management software.

Founded in 1997, TranSolutions is the world’s premier vendor of freight claim management software revolutionizing the logistics software industry with the introduction of myEZClaim, the world’s first freight claim software. The acquisition instantly enriches MercuryGate’s TMS portfolio with expansion into freight claim management solutions delivered on an integrated platform.

“MercuryGate delivers the most advanced TMS available in the market today because we continuously look for new ways to enhance our solution and deliver more value to our customers,” said MercuryGate President and CEO Joe Juliano. “Claims management is a rapidly growing focus across the industry. Adding TranSolutions’ revolutionary claims software to MercuryGate’s expansive transportation-centric solutions platform, delivers on our mission to continually add value and increase functionality for our customers. We are delighted to welcome TranSolutions to the MercuryGate team and look forward to a seamless transition and an enhanced customer experience for TranSolutions and MercuryGate customers.”

TranSolutions is the leading provider of claim management software to Fortune 1000 companies, leading 3PLs, freight brokers and carriers. The company provides a complete suite of solutions for cargo claims, freight bill overcharge, vendor claims and carrier claims designed to solve back office challenges.

Work management technology continues to change the way companies operate, from data capture, workflow management and automation tools designed to create greater levels of accessibility, transparency, efficiency, accountability and support financial accounting and reporting. As many companies move from manual paperwork and processes, these tools reduce the overall timeframe needed to manage the claim lifecycle and drawbacks from manual entry and limited visibility to provide a unified platform to quickly identify problems and support loss contingency decisions which impact operations and customer service performance.

“MercuryGate is an ideal partner for TranSolutions and a major win for TranSolutions customers,” said TranSolutions CEO Joe Celestina. “MercuryGate’s powerful TMS combined with TranSolutions’ freight claim management software will drive further efficiency within shipper enterprises to reduce labor and administrative costs, increase claim success rates, leverage analytics to drive modernization and improve claim turnaround. This is a win for our combined clients and the industry.”

Terms of the acquisition were not disclosed.

About MercuryGate

MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers and carriers. MercuryGate’s solutions are unique in their native support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail and Intermodal. Through the continued release of innovative, results-driven technology and a commitment to making customers successful, MercuryGate delivers exceptional value for TMS users through improved productivity and operational efficiency. MercuryGate offers business intelligence to improve transportation processes, increase customer satisfaction and reduce costs. Find out why MercuryGate has set the industry standard for the most adaptable, comprehensive transportation solutions suite in the industry at www.mercurygate.com or on Twitter at @MercuryGate.

About TranSolutions, Inc.

TransSolutions is the world’s largest independent provider of claims management solutions with the unique ability to serve all market constituents worldwide, supporting more than 64,000 companies and 5,000+ users through shippers, 3PL’s, freight brokers, freight forwarders and carriers. For more information visit www.transolutionsinc.com

Contacts

Michelle Perkins

michelle.perkins@mercurygate.com

pr@mercurygate.com

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