Family investment office Kidd & Co. LLC has formed Logistyx Technologies through the combination of three logistics software providers. The new company plans to compete as a global player in the multi-carrier shipping software sector.
Logistyx offers software technology, support services and analytics capabilities for clients to manage their transportation choices. The merger includes Advanced Distribution Solutions Inc., Agile Network and Pantechnik International. Logistyx brings together complementary businesses that represent a total of 5,000 carrier relationships and more than two billion annual shipments.