UTi Acquires Supply Chain Technology Firm Concentrek

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ogistics firm UTi Worldwide Monday announced its acquisition of Concentrek Inc., a provider of transportation management and supply chain systems.

The privately held Concentrek was acquired from its principal shareholders, including its senior management team and truckload carrier Knight Transportation.

Terms were not disclosed.

ounded in 1999, Concentrek offers logistics services including supply chain analysis and design, outsourced transportation management and advanced optimization technology, UTi said in a statement.

“This acquisition will enable UTi to offer more comprehensive transportation optimization solutions for our customers, utilizing advanced transportation management and supply chain tools that complement our existing contract logistics solutions,” said Roger MacFarlane, UTi's chief executive officer.

UTi is ranked No. 29 on the Transport Topics Logistics 50 listing of North American logistics companies.