Logistyx Technologies unveiled

Kidd & Company (KCO) and McLarty Capital Partners (MCP) have merged the operations of Advanced Distribution Solutions Inc. (ADSI), Agile Network and Pantechnik International to form the new global parcel analytics platform, Logistyx Technologies. Logistyx Technologies said that it “combines and builds on the established and complementary successes of three dominant TME companies, which represent over two billion annual parcels and 5,000 carrier relationships”.

Gerry DeBiasi, a Partner at KCO, commented: “At a time when shippers rely heavily on fragmented systems that automatically select carriers based on cost, speed and service, joining these complementary forces together answers a need for a comprehensive global solution.”

Kevin V. Cox, CEO of Logistyx Technologies and former CEO of Agile Network, added: “E-commerce will continue to grow rapidly across the globe, and this helps explain how the parcel market is growing at twice the rate of gross domestic product.

“These businesses had already established partnerships and integrated their technologies; so Logistyx hits the ground running, instantly able to better serve its customers.”