Descartes acquires Tai for $100M
Freight broker TMS provider Tai has been acquired by Descartes Systems Group in a $100 million deal announced on Monday. The post Descartes acquires Tai for $100M appeared first on FreightWaves.
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Descartes Systems Group announced Monday that it has acquired Tai, a TMS provider for freight brokers, for $100 million. The deal was funded with cash on hand. California-based Tai’s AI-powered platform oversees the entire shipment lifecycle, including quoting, sourcing, execution and invoicing.
The TMS primarily executes truckload, less-than-truckload, drayage and cross-border shipments.
“The acquisition expands our transportation management capabilities for freight brokers and adds valuable transaction, carrier and shipment execution data to the Descartes Global Logistics NetworkTM,” said Andrew Wimer, associate general manager of transportation management at Descartes.
The Canadian company continues to expand its offering through acquisitions. It has executed 34 deals since 2017. Descartes (NASDAQ: DSGX) acquired Latin American last-mile logistics tech provider Drivin for $30 million last month. It acquired Pittsburgh-based fleet safety solutions provider Idelic for $28 million in April.
“Tai complements our strengths in carrier onboarding, compliance, fraud prevention, and real-time visibility,” said Descartes CEO Ed Ryan.
“By combining our solutions, we see a significant opportunity to help freight brokers navigate change, streamline freight execution, improve operating margins, strengthen customer and carrier relationships, and support digital transformation.” Descartes reports 2027 fiscal second quarter results on Sept. 10 after the market closes. Why it matters?
The deal signals a strategic move toward deeper digital integration and automation in broker-focused technology. More FreightWaves articles by Todd Maiden: • Teamsters reveal TP Freight’s sudden shutdown • Truckload linehaul rates rip higher in July, Cass says • J. B.
Hunt’s ‘summer of many minibids’ The post Descartes acquires Tai for $100M appeared first on FreightWaves.
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This briefing is based on reporting from Freightwaves. Use the original post for full primary-source context.
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