MacroPoint, creator of a multimodal freight tracking network that provides shippers, logistics service providers and carriers real-time visibility into load status, has received a $44m investment from Susquehanna Growth Equity, LLC (SGE). The company says it plans to accelerate investment in product and network expansion, both in the U.S. and internationally.
MacroPoint, a vendor of freight-tracking software for shippers, brokers and third-party logistics providers, has integrated with project44, a provider of Web-service automated programming interface (API) connectivity technology to the freight industry.