Vector acquires YardView to improve dock visibility
Workflow platform provider Vector today said it has acquired YardView, a vendor of yard management and dock visibility, saying the move will expand its capabilities across gate, yard, dock, and document workflows for logistics networks.
By unifying its digital workflows with YardView's real-time asset tracking, Vector said it will close the "visibility gap" between the transfer of custody. The acquisition addresses growing demand for unified, real-time yard execution as logistics operators face labor constraints, rising detention costs, and increasing pressure to digitize handoffs across the supply chain, the San Francisco-based company said.
"By combining Vector's e-BOL powered workflows with YardView's dock and visibility solutions, we're creating a comprehensive offering that addresses the full spectrum of yard operations," said Will Chu, Vector co-founder and CEO. "This acquisition allows us to serve our customers more completely, from small operations to complex enterprise environments."
Terms of the deal were not disclosed, but the firms said that YardView President Nathan Harris, who has led the company for more than 10 years, will retain equity ownership and continue to advise the business. And YardView Chief Operating Officer Heather Giordano will lead the YardView business unit inside Vector.
