BirdDog Solutions Acquires Lakota Solutions to Form Largest Parcel Shipping Optimization Service Provider.ANDOVER, Mass. and SALT LAKE CITY -- Acquisition brings expanded solutions to high-volume users of small parcel carrier services In a move that will provide large-volume users of Federal Express, UPS, and DHL DHL abbr. 1. Doctor of Hebrew Letters 2. Doctor of Hebrew Literature with an expanded portfolio of services, BirdDog Solutions, Inc. and Lakota Solutions, Inc. are combining forces. The two companies today announced that they have executed an agreement for BirdDog Solutions to acquire Lakota Solutions. The terms of the agreement between the two privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. were not disclosed. The acquisition brings together the two dominant small parcel auditing service providers, reinforcing BirdDog Solutions' position as the small parcel cost-recovery leader. By merging their customer base, technologies, and professional expertise, the two companies are positioned to provide the most comprehensive small parcel auditing, cost reduction, and reporting services in the industry. BirdDog Solutions and Lakota Solutions combined currently serve more than 1,200 customers. "This acquisition--which transforms a highly respected competitor into a valuable partner--enhances our technology base, further strengthens our leadership position, and gives our customers a complete parcel logistics solution," said Joel Sitak, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of BirdDog Solutions. "In addition, Lakota's customers can take immediate advantage of more advanced resources, such as BirdDog's lost parcel recovery, carrier contract optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. , and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" ." "By uniting the capabilities of two dynamic, powerful players, we gain valuable scale and momentum in the market," said Christian Brinkman, CEO of Lakota Solutions. "BirdDog and Lakota share a vision of how to take our companies to the next level. With this acquisition, our increased customer base and improved access to capital puts us in the best position to execute against that vision, and to invest more in customer support and the development of new services." About BirdDog Solutions BirdDog Solutions is the leading provider of contingency-based Parcel Shipping Optimization services, serving large volume users of small parcel carrier services. The company is the first in the industry to integrate carrier contract negotiation with comprehensive invoice An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped. A consular invoice is one used in foreign trade. auditing, payment processing, recovery services, and advanced reporting--collectively reducing clients' parcel shipping expenses by an average of at least 10 to 20 percent. BirdDog is a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. with its executive headquarters in Andover, MA and back office operations in Omaha, NE. About Lakota Solutions Lakota Solutions, Inc. is a consulting services firm specializing in parcel freight expense In accounting, the concept of a freight expense account can be generalized as a payment for sending out a product to a customer. It falls under the umbrella category of Expenses and is treated like other expense accounts in relation to the accounting equation. management & reporting and related logistic lo·gis·tic also lo·gis·ti·cal adj. 1. Of or relating to symbolic logic. 2. Of or relating to logistics. [Medieval Latin logisticus, of calculation services. Lakota's proprietary software, FREIGHT TR@X(TM), and other web-centric software tools, integrate several key technologies to deliver highly efficient, bottom-line results to its customers in the form of hard-dollar cost savings and process efficiencies. The company's unique blend of auditing, management reporting and consulting services is designed to improve the total cost of ownership equation of its clients' freight management process. Other company and product names mentioned herein may be trademarks and/or service marks of their respective owners. |
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