Good morning. Descartes just acquired MyCarrierPortal in a $24 million deal. Here's a closer look at the company and its slew of freight tech acquisitions. Speaking of freight tech, FreightWaves announced its 2025 FreightTech 100 list.
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The FreightCaviar Podcast: Check out this week's episode on the importance of training and networking in logistics.
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Descartes Acquires MyCarrierPortal for $24 Million
Canadian logistics tech company Descartes Systems Group, known for acquiring MacroPoint and Aljex TMS, has announced the purchase of MyCarrierPortal for $24 million. This acquisition aims to strengthen Descartes' capabilities in carrier onboarding and risk monitoring.
Who is Descartes?
Descartes has been a heavyweight in logistics tech since 1981, helping businesses manage their supply chains. Over the years, they’ve transformed into a SaaS powerhouse, providing cloud-based solutions that touch everything from customs compliance to global logistics.
Descartes has completed 46 acquisitions. Its most active year was 2019, with five acquisitions, and the company has acquired nearly three companies annually over the past three years.
34 of its acquisitions are logistics technology companies.
About MyCarrierPortal
Now, Descartes is adding MyCarrierPortal to the mix. Founded by Jay Pelkey, MyCarrierPortal (formerly MyCarrierPackets).
Today, MyCarrierPortal offers:
Carrier onboarding: Streamlining the process for brokers and shippers.
Fraud prevention: Safeguarding operations through thorough verification.
Insurance monitoring: Offering seamless certificate management and compliance.
What This Acquisition Means
According to Dan Cicerchi, Descartes’ General Manager of Transportation Management, “Carrier fraud and cargo theft is an ongoing problem in the transportation industry,” making MCP’s tools key to reducing fraud and improving supply chain performance.
MCP complements Descartes' existing solutions like MacroPoint FraudGuard, which enhances carrier visibility and compliance for brokers and shippers.
“We remain committed to adding solutions to our Global Logistics Network that help our customers manage the complete lifecycle of shipments in a secure and efficient manner...MCP directly complements our investment in MacroPoint, and we’re excited to welcome the employees, customers and partners into the Descartes family.” – Edward J. Ryan, Descartes’ CEO.
CtrlChain is a cost-effective solution that helps carriers secure more contract freight with reliable shipper companies. The company emphasizes stable income for carriers by fostering long-term, mutually beneficial partnerships between carriers and shippers.
CtrlChain system simplifies the day-to-day tasks of fleet owners and operators by digitizing and automating manual tasks such as managing delivery information, updating customers, and providing PODs. It replaces spreadsheets, emails, phone calls, and post-it notes by offering a single platform for planning, executing, and receiving payments for deliveries.
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🎣 THE FREIGHT CAVIAR CORNER
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I’m Adriana, a writer and editor at FreightCaviar. I’ve covered everything from freight tech to industry lawsuits and market shifts, helping scale us to almost 14K subscribers. My goal: to make logistics stories digestible, clear, and fun to read.
Hello! I'm Jerome FreightCaviar! I’m into the politics of freight and the impact it will have worldwide. I'm always eager to learn more. Follow me on X @JeromeFreightC
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