Vector, the logistics industry’s leading workflow platform, announced its acquisition of YardView, a pioneer in yard management and dock visibility. By unifying Vector’s digital workflows with YardView’s real-time asset tracking, the company is closing the “visibility gap” between the transfer of custody. The acquisition addresses growing demand for unified, real-time yard execution as logistics operators face labor constraints, rising detention costs, and increasing pressure to digitize handoffs across the supply chain. This is a strategic acquisition enabled by the partnership with BVP Forge.
Together, the companies will bring expanded resources to serve their customer base, which ranges from yards with fewer than ten dock doors to enterprise shippers. Vector and YardView serve more than 100 shippers across North America. The increased footprint drives network effects within supply chains while enabling accelerated product innovation.
“By combining Vector’s e-BOL powered workflows with YardView’s dock and visibility solutions, we’re creating a comprehensive offering that addresses the full spectrum of yard operations,” said Will Chu, Vector co-founder and CEO. “This acquisition allows us to serve our customers more completely, from small operations to complex enterprise environments.”
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YardView President Nathan Harris, who has led the company for more than 10 years, will retain equity ownership and continue to advise the business. YardView Chief Operating Officer Heather Giordano will lead the YardView business unit inside Vector.
“We’re excited to join forces with Vector and leverage the combined strength of our platforms,” said Heather Giordano, COO of YardView. “Our teams share a deep commitment to customer success and product excellence. Together, we’ll push the boundaries of yard execution and visibility further than ever before, all while staying hyper-focused on the day-to-day success of our customers.
SOURCE: PRNewswire