Navis has agreed to acquire the assets of Australia-based Biarri Rail, a provider of planning and scheduling optimisation software for freight railroads.
This acquisition comes on the heels of the Jade Logistics acquisition made at the end of last year, and marks the first step into Navis offering inland solutions to its customers to further expand its reach across the global cargo supply chain.
The deal, combined with the software developer’s N4 terminal operating system (TOS) for intermodal operations, will support the company’s aim to provide freight operators with planning software to improve the quality and efficiency of rail operations, including train services, locomotives, yards, railcars, crews and train paths.
Biarri Rail offers a suite of integrated service design and operational tools for freight railways, enabling them to better manage the complexities associated with railway planning and improve the utilisation of assets for better service delivery, while substantially reducing operating costs.
Benoit de la Tour, president of Navis, said: “We are excited to now be able to complement our market leading port-based TOS solutions with truly first-class offerings for rail freight globally.
“Rail freight companies are investing in new digital initiatives in planning in order to increase efficiency and the return on investment of their supply chain assets.”
Biarri Rail has previously provided software to rail operators around the world including Kansas City Southern Railroad, Aurizon, Pacific National, TasRail and Rio Tinto.
Tom Forbes, CEO of Biarri Rail, stated: “As railroads adopt various monitoring and assessment tools to better track and manage the more than 1.6m rail cars and 40,000 locomotives, it is important that technology keep pace to manage the data with efficient operational processes, tools and support systems.”
Following the acquisition, its team will continue to operate out of its Melbourne, Australia and Chicago, USA offices under the direction of Forbes.
The acquisition, which does not have a significant impact on Cargotec financials, is expected to be completed by the end of February 2020.