A New Era of Supply Chain Transparency Begins: Overhaul Acquires FreightVerify

Acquisition combines industry-leading risk management with real-time end-to-end SKU- and part-level visibility for a smarter, more resilient logistics future

AUSTIN, Texas, Aug. 19, 2025 /PRNewswire/ -- Overhaul, the global leader of in-transit supply chain risk management, today announced its acquisition of FreightVerify, an end-to-end supply chain visibility platform recognized for its precision in solving complex logistics challenges in markets such as automotive and healthcare.

Together, Overhaul and FreightVerify enable a comprehensive, intelligence-driven platform designed to give global brands the potential for warehouse-level control over goods in motion, protecting supply chains from delays and enabling customers to act before disruption hits. These solutions are critical for high-consequence cargo across the high-tech, consumer, automotive, healthcare, and life sciences industries, where visibility, precision, and protection are non-negotiable.

This strategic move reinforces Overhaul's mission to go beyond traditional shipment tracking, answering not only "where is my shipment?" but also "what happens if it stops?" and "what inventory and customers are being impacted?" FreightVerify's advanced platform enables item-level tracking, down to individual products, SKUs, and attributes. Together, Overhaul and FreightVerify are building a comprehensive, intelligence-driven platform that empowers organizations to act before problems arise.

"The market has evolved, and the next generation of supply chain solutions needs to address not only in-transit risk but also connect to the impact on inventory outcomes and customer experience," said Barry Conlon, Co-Founder and CEO of Overhaul. "Our approach ensures any delayed shipment can be linked to its contents to proactively prevent and act against downstream issues that would disrupt factories, stores, and customer orders. This acquisition doubles down on Overhaul's commitment to delivering actionable solutions," says Conlon. "It's precisely the kind of effective, uniquely capable investment we're excited to make," Conlon continues, "a very rare find with powerful potential across multiple verticals."

Professor Yossi Sheffi, Co-Founder of FreightVerify and Director of the MIT Center for Transportation & Logistics, emphasized the intellectual synergy:

"The fusion of FreightVerify's precision tracking with Overhaul's risk mitigation represents a paradigm shift in supply chain dynamics. This is not merely visibility - it's a holistic framework that integrates real-time data with predictive resilience, fundamentally enhancing decision-making under uncertainty."

FreightVerify's platform delivers real, measurable ROI: it has tracked over 100 million shipments and engages 70,000 monthly active users - from executives to frontline operators. The platform's value and usability have driven strong adoption, including six of the world's largest automotive manufacturing companies. It has proven both sticky among dealerships and scalable across more than 280,000 distinct shipping locations. Underscoring the importance of usability and time-to-value, a recent study by GuidePoint revealed that over half of the 100 manufacturing, retail, and shipping companies surveyed experienced material implementation delays and cost overruns when adopting legacy visibility solutions.

"The auto parts business is extremely competitive," says Darren Anderson, General Manager at Lehmer's GMC in California. "The way you differentiate yourself in the part business is having parts on hand and maintaining your inventory turn so you are not stocking parts you don't need but always have the ones you will need on hand. FreightVerify's PartView allows us to track the part so we can give an accurate expectation to customers as to when it will arrive so we can perform a repair. This is critical to providing great customer service."

FreightVerify is also successfully enabling inventory control and optimization in the healthcare industry. Their solutions allow statewide U.S. healthcare systems to track critical supplies, both in motion and static, across warehouses and medical facilities to increase utilization, cut costs, and improve patient care. FreightVerify's tools are used by medical device companies to ensure timely delivery of implants for surgery, improve billing, reduce waste, document chain-of-custody events, and recycle instruments for reuse.

"FreightVerify's solutions are dramatically transforming how medical devices and healthcare supplies are managed. The benefits are huge and accrue to healthcare providers, device manufacturers, and patients" said David McGuffie, President at FreightVerify.

Looking ahead, Overhaul is focused on seamlessly integrating the two organizations. This strategic unification will combine complementary capabilities, talent, and technology to deliver even greater value to customers. With an expanded footprint and an enhanced product offering, the combined business is uniquely positioned to help global shippers and manufacturers gain deeper control over inventory in motion, manage risk proactively, and meet rising customer expectations. Further updates will be shared in the coming months as the integration progresses and new benefits of the combined offering begin to roll out. For more information, visit the Overhaul website.

About Overhaul

Overhaul is the leading in-transit supply chain risk management platform for the world's most trusted brands. Purpose-built to manage in-transit inventory and protect high-value, time-sensitive, and temperature-controlled shipments, Overhaul combines real-time data, contextual intelligence, and actionable alerts to prevent disruption or loss. With a device-agnostic approach and deep expertise in cargo security, compliance, and logistics, Overhaul empowers shippers, carriers, and logistics providers to move goods smarter, safer, and with greater control. Customers include Microsoft, Bristol Myers Squibb, CEVA Logistics, Arvato. With the recent acquisition of FreightVerify, Overhaul now adds six of the top ten automotive manufacturers to its roster. For more information, visit over-haul.com, and follow on LinkedIn, X, and Facebook.

SOURCE Overhaul