Navis to acquire Jade Logistics

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Navis, part of Cargotec, has entered into an agreement to acquire the assets of Jade Logistics, a provider of the Master Terminal Terminal Operating System (TOS) for mixed cargo terminals.

With N4, Octopi, which was acquired earlier in 2019, and Jade Logistics, Navis can now offer the flexibility of the right TOS for any prospective customer requirement, a Navis statement released on 10 December describes.

With the addition of Jade Logistics Master Terminal to its software portfolio, Navis is better positioned to support hundreds of terminals that need to improve terminal operations for a wide variety of cargo types beyond containers, the company said.

“We are experiencing growing customer demand for general cargo services, and we feel Jade Logistics is ideally suited to enhance our product portfolio and our reach within this category,” said Benoit de la Tour, President, Navis.

“By joining forces with Jade Logistics, Navis is addressing a key complementary market and growth opportunity for the company and offering the industry the best of breed solution for general cargo. We look forward to getting to know Jade’s customers, understand their priorities and support their business needs with world-class technology and global support.”

Master Terminal provides a single, real-time view of operations to enable smarter decisions faster. Master Terminal is a highly secure and scalable solution, which facilitates the sharing of cargo information beyond the port “walls” across the supply chain, helping ports grow their business through increased visibility.

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