Tenstreet, a leader in driver recruitment and management services, has announced an acquisition that promises to enhance its service portfolio. On Monday, the company revealed it has acquired TextLocate, a Chattanooga-based driver communication platform, for an undisclosed amount.
TextLocate provides a robust platform that offers real-time load visibility, essential for contemporary logistics operations. The platform empowers third-party logistics providers to engage in two-way communication, verify delivery proofs, share critical images, and ensure safety performance through a comprehensive network.
This acquisition is set to strengthen Tenstreet’s service offerings, aligning with its mission to improve navigation, reduce wait times at facilities, and streamline driver schedules. TextLocate’s capabilities also extend to fraud mitigation, safeguarding drivers and logistics companies from potential security threats.
Tenstreet CEO Tim Crawford emphasized the strategic importance of this acquisition, noting that it enhances communication across the supply chain. This alignment is expected to fortify relationships and drive efficiencies, key areas of focus for Tenstreet’s growth.
The driver recruitment specialty of Tenstreet is complemented by TextLocate’s communication technology, which addresses inefficiencies in traditional methods. TextLocate CEO Ryan Rogers described the motivation behind the technology’s development as a solution for simplifying driver communications and improving daily operations.
The acquisition of TextLocate by Tenstreet signals a significant step forward in enhancing communication capabilities within the logistics and transportation sectors. As both companies integrate their technologies, the industry can anticipate improved efficiency and safety standards. The move underscores Tenstreet’s commitment to innovation and operational excellence, promising a future of streamlined logistics solutions.
