WiseTech Global, an Australia-based developer of the logistics execution software CargoWise, has acquired privately held Blume Global, a solution provider for North American intermodal rail in North America, for US$414 million.
U.S.-based Blume is being acquired from funds managed by Apollo, EQT and other minority shareholders. The deal was announced earlier this week.
Blume manages intermodal containers and chassis on behalf of six of the seven Class 1 U.S. railroads, ocean carriers and other...
https://www.freightwaves.com/news/wisetech-acquires-blume-global