CHESTERFIELD, Mo., Oct.10, 2016 /PRNewswire/ -- Agile Network, a leading provider of multi-carrier and multi-modal transportation execution technology in North America, announced it has reached an agreement for the acquisition of Pantechnik International, a leading provider of transportation execution technology in Europe and Asia.
"Expanding Agile Network's reach into Asia and Europe is a key component of the Agile Network long term strategic plan. Pantechnik International has operated in Singapore, London, and Amsterdam and has helped pioneer technology in the international transportation industry, providing the ideal platform for our expansion. As we explored the market, we were impressed with the Pantechnik customer base, their track record of delivering solutions worldwide, and their technological expertise and execution experience," explained Kevin V. Cox, CEO, Agile Network.
Mark Nicholls, CEO of Pantechnik International stated, "Our founder was a pioneer in this industry and we have always believed the market now requires a solution that is robust, and scalable while at the same time working with the unique local requirements of transportation markets in Europe and Asia. The combination of Agile Network and Pantechnik International, makes that achievable."
Agile Network and Pantechnik International will be the primary solution of choice for shippers with multi-national operations. The combined operation will continue to expand its global presence while maintaining its existing regional operations. The merger is expected to be complete in the first quarter of 2017.
Agile Network's Transportation Management & Execution platform, TME, is multi-carrier shipping software that provides users with certified support to a global carrier network, including: FedEx, TNT, UPS, DHL, USPS, Purolator, Canpar, Canada Post, DPD, Chronopost, DB Schenker, NACEX, DACHSER, GLS, Royal Mail, UK Mail, Singapore Post and hundreds of regional operators. The solution also provides a full-featured, on-premise or cloud-based shipping and transportation management platform, with real-time rating and routing, pack verification, consolidation, automatic ACE filing, export document generation, and integrated carrier invoice reconciliation and audit. Agile Network TME may be configured to operate in both attended station and 'black box' modes with full support for high volume material handling, automatic weighing, and print-and-apply systems.
About Agile Network
Agile Network is a leading provider of enterprise shipping software, customer returns management solutions, and transportation management execution solutions with more than 3 decades of experience supporting over 1,200 clients and hundreds of Fortune 500 Brands in the United States, Canada, Latin America, United Kingdom, European Union and Asia-Pacific. Agile Network TME handles both freight and parcel shipments with solutions tailored to serve diverse industry applications including: Retail, eCommerce, Healthcare & Pharmaceuticals, Financial Services, Industrial Manufacturing, and Third Party Logistics. To learn more, visit: http://www.agile-network.com/
For additional information, contact:
732 Crown Industrial Court, Ste A
Chesterfield, MO 63005
1.866.686.2445 | firstname.lastname@example.org
About Pantechnik International
Pantechnik is a leading provider of SaaS (software-as-a-service) enterprise shipping and supply chain visibility solutions in the European market. The company has offices in London, Amsterdam, Singapore and Chicago. It works with more than 170 carriers worldwide and has customers in 36 countries in Europe and Asia. Pantechnik's focus is on high-volume, high-complexity shippers and more than three quarters of its customers are Fortune 500 companies deploying Pantechnik software across a range of industrial sectors.
For further information, contact:
UK: +44 203 327 7652
US: +1 312 667 8848
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/agile-network-enhances-global-shipping-solutions-with-strategic-acquisition-of-pantechnik-international-300342033.html
SOURCE Agile Network