REZ-1 acquires International Asset Systems
IAS serves providers of global transportation, focusing on first- and last-mile landside movement for logistics service providers, motor carriers, ocean carriers, railroads and equipment lessors.
REZ-1, Inc., a Wellesley, Mass.-based provider of asset management, equipment reservation, billing and reload services to the domestic intermodal industry, acquired International Asset Systems (IAS), a leader in cloud-based solutions for global logistics and transportation management. IAS, Oakland, Calif., serves providers of global transportation, focusing on first- and last-mile landside movement for logistics service providers, motor carriers, ocean carriers, railroads and equipment lessors.
“IAS applications and technology standardize and streamline key processes such as transport order tendering, carrier compliance, optimization, visibility, billing and M&R,” says Marie Colbert, president and CEO of REZ-1. “IAS has connected a global community of thousands of service providers such as motor carriers, repair vendors, terminals and freight stations through data integration, web and mobile applications. This powerful combination of technology and network enables us to expand our offerings and better serve our customers.”
IAS client service centers in Chicago and Hong Kong perform network deployment and provide customer support and services, including streamlining maintenance and repair workflow, IAS equipment and dispatch and connecting freight forwarders, 3PLs and ocean carriers to their service providers for real-time first- and last-mile shipment visibility.
“IAS is thrilled to become part of the REZ-1 organization,” adds Paul Crinks, IAS chief executive officer. “Our complementary services and customer base make the IAS platform a natural fit and highly additive to the combined business. Our customers will benefit from the expanded offerings and intermodal expertise that REZ-1 provides.”
REZ-1 is a subsidiary of Direct Chassis Link Inc., Charlotte, N.C.