ESP Logistics Technology (ESP), a SaaS solutions firm that provides disparate logistics operating systems with a common intraoperative supply chain connectivity platform, is pleased to announce that it has formed an equity partnership with Gannett Fleming and acquired the firm’s GeoDecisions Track platform. Saybrook Management, a strategic investor, operator, and advisor in logistics, productivity enhancement, and technology for the past 30 years, led the technology acquisition and joint venture transaction.
Today, less than 1% of containers, pallets, trucks, chassis, and ships within the supply chain ecosystem produce actionable geospatial information. Simultaneously, the supply chain is strained, with excessive ships at anchor, terminal congestion, long lines of trucks, and gridlocked highways. Even with supply chain operating systems evolving at a rapid pace, these technologies exist in silos and miss one key element: aggregation to make sound business decisions. ESP, a logistics partner of Esri, the world leader in location intelligence, uses location to weave a common thread of interoperability.
“ESP acquired the GeoDecisions Track SaaS product, renaming it the Track and Trace Platform, to enhance the productivity of supply chain businesses and extend our mission to form the backbone of a tech-enabled visibility platform,” said Jonathan Rosenthal, CEO of ESP Logistics Technology. “The company’s progressive SaaS solutions enhance knowledge in the flow of goods and help equip decision-makers with the data they need for logistics and supply chain planning.”
GeoDecisions is a division of Gannett Fleming, a global infrastructure and engineering firm that provides progressive solutions for transportation, earth sciences and natural resources, geospatial, water, power, construction services, and facilities projects. The company’s ability to connect communities to solve complex challenges complements the mission of ESP. GeoDecisions works with commercial and governmental organizations to utilize the latest geospatial technology, powering innovation through location.
“GeoDecisions is the premier leader in transportation logistics, with more than 30 years of award-winning solutions,” said Bob Scaer, chairman of the board and CEO of Gannett Fleming. “Our innovative platforms have supported the U.S. military through multiple global conflicts, ensuring the safe and efficient delivery of critical resources, protecting our armed forces around the world, and saving millions of dollars.”
“This collaboration exemplifies how innovation partnerships can come together within the Esri partner ecosystem to solve critical business problems,” said Cindy Elliott, Esri’s Business Sector Industry Lead who helps with global go-to-market strategy and management. “With the long-term needs of the supply industry in mind, this relationship with ESP and Gannett Fleming is an example of how complementary industry heavy hitters can more efficiently create change through partnership.”
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