In a major move for the logistics technology sector, the private equity firm STG has acquired Carrier Logistics Inc. (CLI), a veteran provider of freight management software. The deal aims to modernize the Less-Than-Truckload (LTL) and last-mile delivery industries by integrating advanced artificial intelligence into CLI’s existing infrastructure.
A New Era of “Agentic” Intelligence STG plans to transform CLI’s traditional software into an “agentic AI” platform. Unlike standard systems that primarily focus on record-keeping and basic workflows, this new approach will use AI agents to automate complex terminal operations. By acting as a “brain” for the freight industry’s nervous system, the technology is designed to handle routine tasks and optimize decision-making while keeping human operators in control of critical choices.
Strengthening a Market Leader Based in Elmsford, New York, CLI has spent over 50 years developing solutions for asset-based carriers. Their current platform features more than 20 modules that manage everything from initial shipment pickup to final financial accounting.
Under the new ownership:
- Innovation: STG will provide the resources to accelerate the development of “AI-native” operating systems.
- Continuity: Ben Wiesen, president of CLI, noted that the existing team will remain in place to support current customers while rolling out next-generation tools.
- Efficiency: The goal is to help carriers remain competitive in a high-velocity market by providing measurable improvements in profitability and operational speed.
Strategic Vision For STG, a firm specializing in data and software investments, this acquisition is a pivotal step in their strategy to build world-class enterprise software companies. By combining CLI’s deep industry experience with STG’s focus on AI-first innovation, the partnership seeks to redefine how terminal operations are managed across North America.