AMCS, headquartered in Limerick, Ireland, has acquired Qv21 Technologies, an Austin, Texas-based provider of fleet management and logistics software as a service (SaaS) solutions for short-haul, bulk commodity transportation. Terms of the transaction were not disclosed.
RELATED: AMCS acquired by Swedish equity firm
Founded in 2009, Qv21 Technologies enables short-haul and bulk commodity trucking companies of all sizes to increase operational visibility and improve overall efficiency, AMCS says in the news release about the purchase. With a mission to enable “Logistics Without Barriers,” Qv21’s The LogisticsFramework (TLF) software streamlines business processes from order to invoice. Backed with robust data management, workflow automation and analytics capabilities, Qv21 ensures organizations control their operations while boosting savings and profit margins.
The fleet management and logistics solutions by Qv21 Technologies, along with its North American footprint and focus on bulk material transportation, are highly complementary to the AMCS Platform, benefiting customers of both organizations, AMCS says, adding that the purchase allows it to expand the capabilities of its platform, enabling resource-intensive industries to achieve their sustainability goals faster, more efficiently and profitably.
“Qv21 Technologies has consistently offered innovative solutions built for short-haul, bulk commodity transportation companies, enhancing operational excellence for leading organizations, including those in the waste and recycling sectors,” says Jonathan Currie, CEO of Qv21 Technologies. “Qv21's commitment to 'Logistics Without Barriers' boosts efficiency and profitability for transporters. Beyond the opportunities for business expansion, our partnership with AMCS further strengthens this pursuit of operational excellence for our clients and accelerates our collective vision for greater sustainability.”
AMCS says this acquisition paves the way to realizing several synergistic opportunities to, specifically aiding organizations in the long-haul transport of bulk commodities that can support a more circular economy. With Qv21, AMCS can provide organizations with a solution for a more structured, efficient approach to resource use and improved waste management, translating to meaningful progress toward their sustainability goals, according to the company.
“The strategic addition of Qv21 Technologies signifies a crucial advancement for AMCS, reinforcing our position at the forefront of performance sustainability,” Jimmy Martin, co-founder and CEO of AMCS, says. “This partnership provides tremendous opportunities, specifically for companies engaged within bulk material transportation, to reach their sustainability goals faster. The features that Qv21 brings to the table serve to enhance our capabilities at AMCS, strengthening our ability to support our clients' drive towards enhanced resource management, greater efficiency, sustainability, growth and profitability.”
AMCS’ Performance Sustainability Suite is the operating system for foundational industries that makes sustainability and profitability possible. The suite manages day-to-day operations, such as contracts and pricing, logistics and transportation, materials and resources, health and safety and sustainability intelligence.
Latest from Construction & Demolition Recycling
- NDA to offer certification test at convention
- Hyster-Yale commits to US production
- World Cement Association highlights challenges facing long-term cement demand
- Tata Steel to supply equipment maker JCB
- Light House embarks on construction site plastic scrap recycling effort
- NDA accepting nominations for safety awards
- Jackson Demolition wins safety award
- Cracking under pressure