TMCnet News
AFS Expands into Southeast with Shipping Software AcquisitionSHREVEPORT, La. --(Business Wire)-- AFS, the recognized leader in shipping cost management, announces the purchase of Vertical Synergies Incorporated (VSI) of Atlanta, GA. The acquisition was finalized on October 31, 2014. VSI provides shippers with cloud-based and on-premise shipping software solutions. FLG Express, a subsidiary of VSI, is part of the transaction and will expand AFS' logistics and warehousing capabilities. "For many years, I have desired for AFS to be a mainstay in the Atlanta market," said Brian J. Barker, Founder and CEO of AFS. "When you add to this acquisition our association with the NFL's Atlanta Falcons, we can now make this desire a reality." This is the sixteenth acquisition for AFS and sixth since October 2012. About AFS: AFS, the recognized leader in freight audit and shipping software, partners with clients to cover the entire shipping lifecycle with improved transparency and limited interference, delivering shipping costs reductions to companies in LTL, Parcel, Truckload, and Ocean logistics. From shipment execution and tracking to invoice audit and payment to analytics and freight claims, AFS provides comprehensive logistics strategy services, protecting companies from hundreds of millions of dollars in shipping costs each year. For more information about AFS and its products and services, visit www.afs.net. About Vertical Synergies: Since 2002, Vertical Synergies Incorporated (VSI) has reduced, recovered and controlled logistics expenses for companies. With their leading edge technology and industry specific expertise, VSI analyzes transportation and shipping costs to make better logistics decisions and generate 10% to 30% savings.
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