"CombineNet brings proven sourcing technology and a history of providing robust capabilities to its customers. We recognized a significant opportunity to combine their best-in-class technology solutions with those of Transplace in order to bring greater value to the market," said Matthew Harding, vice president of consulting for Transplace. "Partnering with CombineNet demonstrates Transplace's continued investment in bringing value added transportation procurement services to our customers that, to be truly effective, must span broad carrier market knowledge, leading practices in engineering and negotiations, to best-in-class technology."

This partnership enables Transplace to employ CombineNet's advanced sourcing technology in order to more effectively execute transportation bids on behalf of its customers. Additionally, customers that control the procurement process internally will now have access to CombineNet's technology solutions, supported by Transplace's Consulting Services organization.

"Customers on both sides of this partnership will benefit greatly from the combined strengths of CombineNet and Transplace as we provide industry-leading technologies and a range of value-added procurement services for shippers," said Dean Arnold, CombineNet's vice president of North America. "Leveraging Transplace's deep and broad expertise in transportation engineering, contract negotiations and execution, powered by CombineNet's advanced transportation sourcing solutions, will ensure that we are providing the services our customers need to generate the highest levels of value and cost effectiveness within their transportation networks."

"This is a significant collaboration of two companies that have distinguished themselves with a process-enabled services model, through contracting and negotiation and technical superiority in sourcing optimization and complex analytics," said Matthew Menner, senior vice president, sales and alliances for Transplace.