STG buys Carrier Logistics

Private equity firm STG said April 13 it acquired Carrier Logistics, a transportation software vendor for less-than-truckload and last-mile carriers. (stg.com) STG said the deal will keep Carrier Logistics operating under its current brand and leadership, with President Ben Wiesen and Chief Executive Officer Marc Wiesen staying in place. STG did not disclose a purchase price. (prnewswire.com) Carrier Logistics sells transportation management software, the systems carriers use to price shipments, dispatch freight, manage terminals, and bill customers. The company says its products are built for asset-based less-than-truckload, cross-dock, and last-mile operators. (carrierlogistics.com) Carrier Logistics says it has been in the freight software business for more than 50 years, a long run in a sector still full of older, heavily customized systems. Its flagship FACTS platform is offered in cloud and on-premise versions and includes more than 20 operating modules. (carrierlogistics.com 1) (carrierlogistics.com 2) STG said it plans to put “agentic” artificial intelligence into Carrier Logistics’ core software, with the goal of building what it called an “AI-native operating system” for terminal-based motor carriers. In practice, that means more software handling repetitive office and terminal tasks that dispatchers and billing teams often do by hand. (stg.com) (prnewswire.com) Carrier Logistics had already been moving in that direction before the sale. In August 2025, FreightWaves reported that the company launched an artificial-intelligence tool that pulls shipment data from bills of lading into its FACTS system to cut manual entry and billing errors. (freightwaves.com) The company has kept adding automation since then. Its site says it launched FACTSPay in November 2025 for online freight payments, partnered with FreightClaims.com on artificial-intelligence claims processing, and won a 2026 Pinnacle Artificial Intelligence Award for “Smart Factory AI.” (carrierlogistics.com 1) (carrierlogistics.com 2) STG specializes in buying software companies and says it focuses on business-to-business platforms in data, software, and analytics. The Carrier Logistics purchase places freight technology inside a broader private-equity playbook that targets niche software vendors with steady customers and room for product upgrades. (stg.com) Freight operators have been under pressure to modernize the software that runs pickup-and-delivery networks, especially in less-than-truckload freight, where every shipment creates documents, ratings, reweighs, claims, and terminal handoffs. FreightWaves wrote in 2025 that those document-heavy workflows make logistics a natural target for artificial-intelligence tools. (freightwaves.com) The immediate test is whether STG can turn Carrier Logistics’ existing automation tools into software that carriers will actually deploy across terminals and back offices. For now, the deal leaves a 50-year-old freight software provider with new ownership, the same management team, and a mandate to automate more of the work its customers still do manually. (stg.com) (carrierlogistics.com)