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SmartFreight announces shipping software acquisitions

Australian and global shipping software provider SmartFreight –part of the Interactive Freight Systems (IFS) group of companies – has announced two acquisitions – Compdata Technology Services (Supplymaster), and the shipping software arm of transport and logistics business tdX (The Data Exchange).
The acquisitions form part of SmartFreight’s global growth strategy, driving continued investment in multi-carrier shipping solutions, optimising control over operating cost structures, maintaining competitive price strategies and reinforcing relationships within the transport sector and other associated alliance partners.
Commenting on the business deal, Ken Aitken, CEO, SmartFreight, said: “This is a huge win for all stakeholders in the Australian supply chain industry and global e-commerce arena, with customers, transport providers, software partners and freight management partners alike all set to benefit.
“Today marks the convergence of some 50 years of combined technology experience in the shipping software industry. We are extremely pleased to have been able to achieve this with two such respected industry players.
“We’d also like to take this opportunity to welcome the Compdata team into the IFS Group. Compdata will help to expand our team’s existing skillset and build on the exceptional business they have created over the years.
“We also look forward to collaborating with tdX on key projects in the future, growing the reach of our solutions to assist customers with extended workflow processes in their supply chain, which is tdX’s core strength.”
SmartFreight’s enlarged team complements its objective to remain nimble and responsive to all customer needs, the company said in a statement.
Service enhancements will include an increased multi-lingual customer facing team across all facets of the business, and an increased human IP resource pool to ensure a positive customer experience.
Guyren Smith, Director, Compdata Technology Services, said: “I am extremely proud of what the Compdata team has achieved over the last 20 years, and confident that the combined Compdata and SmartFreight teams will deliver positive outcomes for all our valued customers.”
Echoing Smith’s sentiments, Grahame Williams, Managing Director, tdX, said: “There’s great alignment with SmartFreight and tdX. We share the same ethical values and customer service ethos – so this was a natural fit. While my decision to step away from the divested part of the business to concentrate on our core competencies in customised solutions is one I’m personally excited about, Ken’s leadership will undoubtedly see SmartFreight continue to be upheld as the pre-eminent shipping solution provider in Australia and across all territories in which they operate globally.”
Later this year SmartFreight plans to launch a new technology platform that will encapsulating the best features of all companies into one single global platform.
It will allow customers to ship their customers’ orders globally with real-time diagnostics and information and full visibility of shipment delivery status.

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