Supply chain software provider Descartes announced Wednesday it has acquired Assure Assist, which does business as MyCarrierPortal (MCP). The company provides technology allowing brokers to accurately identify and authenticate carriers. Descartes paid $24 million upfront and has committed to pay another $6 million in earnout based on the combined entity achieving certain revenue targets over the next two years.
“Carrier fraud and cargo theft is an ongoing problem in the transportation industry....
https://www.freightwaves.com/news/descartes-tackles-fraud-in-latest-acquisition