STG Acquires Carrier Logistics Inc. to Boost AI Freight Software

STG, a Private Equity firm specializing in data, software, and analytics, has completed the acquisition of Carrier Logistics Inc. (CLI) on April 13, 2026. CLI is a market leader in freight management software for asset-based, multi-stop carriers including less-than-truckload (LTL) and small package operators. The transaction focuses on accelerating CLI’s product innovation by embedding advanced agentic artificial intelligence (AI) frameworks into its core platform.

While the financial terms of the deal were not disclosed, the acquisition represents a strategic investment by STG to transform CLI’s existing transportation management system into an AI-native operating system. This system aims to automate and optimize all aspects of terminal-based motor carrier operations, significantly enhancing efficiency and reducing manual processes.

Carrier Logistics Inc., headquartered in Elmsford, New York, has served the freight management industry for over 50 years. Its platform includes more than 20 modules that manage shipments from pickup through final accounting, leveraging AI, automation, and analytics across operational and financial workflows. CLI is recognized for its technology innovation, including receiving HDT’s Top 20 Products award, and supports customers across the U.S. and Canada.

Ben Wiesen, President of CLI, emphasized the company’s commitment to carrier success: “Joining forces with STG allows our existing team of industry experts to continue serving customers with enhanced support capabilities. STG’s investment in our transportation and freight management technology will enable us to maintain our leadership position and deliver the next generation of AI-driven tools our clients need to stay competitive in a fast-moving environment.”

STG’s Managing Director and Co-Head of the Lower Mid-Market Allegro Strategy, Rushi Kulkarni, highlighted the transformative potential of the acquisition: “The LTL industry is at an inflection point where data is abundant but actionable intelligence is scarce. By acquiring CLI, we are not just buying a market leader; we are developing a brain for the nervous system of LTL operations. Our goal is to provide carriers with an agentic platform that automates routine tasks and optimizes complex processes, while keeping human operators central to critical decisions.”

The acquisition aligns with STG’s disciplined, transformation-focused investment approach, emphasizing rapid, AI-first innovation roadmaps. STG plans to significantly increase research and development investment in CLI, accelerating the deployment of advanced AI capabilities. This strategy positions CLI’s customers to transition from legacy manual processes to an optimized, intelligent terminal environment.

Industry experts note that traditional LTL software primarily supports record-keeping and workflow orchestration. STG’s vision to integrate agentic AI aims to automate execution by augmenting human-in-the-loop operations, reducing errors, and improving operational efficiency. This move is expected to intensify competition in the LTL transportation management software market, prompting rivals to enhance their AI and automation capabilities.

Arcadia Capital served as exclusive financial advisor to Carrier Logistics, with Sheppard, Mullin, Richter & Hampton LLP acting as legal counsel. Paul Hastings LLP provided legal advice to STG.

Looking ahead, STG and CLI will focus on seamless integration of AI frameworks into CLI’s platform while managing change within the customer base and internal teams. Retaining key industry talent and ensuring technology adoption remain critical challenges. Successful execution could solidify CLI’s market leadership and drive measurable operational improvements for motor carriers.