STG Buys Carrier Logistics to Launch Autonomous Freight Agents
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STG Buys Carrier Logistics to Launch Autonomous Freight Agents
Private equity firm STG plans to enable the development of an artificial intelligence (AI)-native less-than-truckload (LTL) solution with its acquisition of freight management software provider Carrier Logistics Inc. (CLI). STG’s investment in CLI will accelerate product innovation by integrating agentic AI frameworks into CLI’s core architecture, the companies said in a Monday (April 13) press release. This integration will help devel…
STG acquires Carrier Logistics Inc.
MENLO PARK, Calif. — STG is acquiring Carrier Logistics Inc. (CLI), a provider of transportation management software for Less-Than-Truckload (LTL) carriers. “CLI has always been dedicated to the success of our carriers,” said Ben Wiesen, CLI president. “Joining forces with STG allows our existing team of industry experts to continue to serve customers through enhanced support capabilities. At the same time, STG’s investment in our transportation…
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