STG Acquires Carrier Logistics Inc. to Integrate AI into Transportation Management Software

STG, a private equity investment firm based in Menlo Park, CA, has recently completed the acquisition of Carrier Logistics Inc. (CLI), a renowned provider of transportation management software for Less-Than-Truckload (LTL) carriers. The acquisition aims to expedite product innovation by incorporating advanced agentic AI frameworks into CLI's core architecture, leading to the development of an AI-native operating system for terminal-based motor carriers. This system will significantly automate and optimize various operational aspects.

CLI President Ben Wiesen expressed confidence that the partnership with STG will enhance support capabilities for their customers while enabling the delivery of the next generation of AI-driven tools, ensuring competitiveness in a high-velocity environment. The upcoming platform will focus on AI agents capable of automating execution and optimizing complex terminal operations, with the aim of providing actionable intelligence to carriers.

STG plans to increase research and development investment in CLI, thereby accelerating the deployment of advanced AI capabilities in line with an 'AI-first' strategy. The acquisition represents a strategic move in STG's investment strategy, aligning with their transformation-focused approach to building enterprise software companies. STG's extensive portfolio, comprising over 60 global companies, reflects its commitment to creating sustainable growth and value for stakeholders.

Carrier Logistics Inc., based in Elmsford, NY, has been a technology innovator and leader in freight management software for more than 50 years. Recognized for its solutions that utilize AI, automation, and analytics, CLI has established a strong presence in the industry, providing efficient and profitable solutions for companies across the U.S. and Canada.