ESP Logistics Technology (ESP), a SaaS solutions firm that provides disparate logistics operating systems with a common intraoperative supply chain connectivity platform, is today announcing that it has formed an equity partnership with Gannett Fleming and acquired the firm’s GeoDecisions Track platform. Saybrook Management, a strategic investor, operator, and advisor in logistics, productivity enhancement, and technology for the past 30 years, led the technology acquisition and joint venture transaction.
Today, less than 1% of containers, pallets, trucks, chassis, and ships within the supply chain ecosystem produce actionable geospatial information. Simultaneously, the supply chain is strained, with excessive ships at anchor, terminal congestion, long lines of trucks, and gridlocked highways. Even with supply chain operating systems evolving at a rapid pace, these technologies exist in silos and miss one key element: aggregation to make sound business decisions. ESP, a logistics partner of Esri, the world leader in location intelligence, uses location to weave a common thread of interoperability.
“GeoDecisions is the premier leader in transportation logistics, with more than 30 years of award-winning solutions,” said Bob Scaer, chairman of the board and CEO of Gannett Fleming. “Our innovative platforms have supported the U.S. military through multiple global conflicts, ensuring the safe and efficient delivery of critical resources, protecting our armed forces around the world, and saving millions of dollars.”