Sunday, May 31, 2020 2:32:53 PM
An early pioneer of web-based transportation management solutions, MGN Logistics’ innovative and proprietary Transportation Management Software (TMS) was designed by experts in the field.
Their TMS platform has been the backbone of some of the country’s largest 3PLs for many years. Originally launched as a fully automated freight marketplace online called logisticsquote in 2000, the website was sold to a group of private equity investors in 2004, after exponential user growth. Building upon the company’s early success, in 2007 MGN acquired a Boston-based freight management company and launched an entirely new TMS.
With a focus on cutting edge technology, the company continued to develop unique transportation modules, which included predictive pricing, extensive KPI metrics and intelligent transportation routing, which outpaced all major players in the space. By 2009, the company had opened offices outside of Philadelphia, Boston and Orlando to assist with demand. Then in 2013, the company opened an office in Santiago, Dominican Republic and developed an international TMS platform.
In 2014, the company continued its expansion and acquired a specialized truckload brokerage in New Jersey, and the following year, made another strategic acquisition of a Chicago-based digital freight brokerage with a unique proprietary truckload pricing app. Then again in 2018, the company acquired one of the leading parcel auditing and management software firms, along with their exclusive Rating Agreement Management System (RAMS).
Today, MGN operates with offices spanning Pennsylvania, New Jersey, Massachusetts, Chicago, Orlando, the Dominican Republic and Puerto Rico. A five-time recipient of Inc. magazine’s prestigious recognition as one of the country’s fastest-growing private companies, MGN has continued its explosive growth through numerous acquisitions and organic growth with no outside investors.
mgn-logistics-creating-supply-chain-solutions-with-expertise-and-technology Article from April 1, 2020
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