For Immediate Release
ITS merging with GMS to Create the Most Powerful and Innovative ACE System Available
PORTLAND, OREGON and CLOSTER, NEW JERSEY, July 21, 2020 – International Trade Systems Inc. (ITS) has merged with software company GMS International Inc. (GMS) in a deal that will put ITS at the forefront of the customs software business. Jointly, the companies will launch ITS NextGen 2.0, a new and innovative system which will provide an integrated online customs brokerage and freight forwarding cloud-based platform.
Representing second-generation companies that have been leaders in logistics technology for 30+ years, ITS and GMS are combining their assets, wisdom, and experience to form one powerhouse entity. Together, they will deliver one of the most powerful cloud-based logistics software platforms on the market. ITS NextGen 2.0 will reduce costs, manage compliance and track shipments for logistics companies in real-time without the bloated costs of the competition. Moreover, the merge will enable the companies to work on a much larger scale, investing more in technology and innovation.
Scott Rockower, President of GMS and now Chief Product Officer of ITS, explains, “In today’s increasingly competitive software landscape, the importance of scale, diversity and technology is paramount. The combination of ITS and GMS provides customs brokers, forwarders, importers, exporters, and logistics providers a significantly enhanced platform positioned for the future.
Furthermore, this transaction represents our firm commitment to serve our existing customers as we work tirelessly to make them more competitive by utilizing modernized, future-proof technology.”
Steve Platman, CEO of ITS, concludes, “I’ve always admired Scott Rockower and GMS for their positive impact on the industry throughout the years. I am ecstatic that we are now teammates and no longer competitors.”
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International Trade Systems (ITS) is a leading provider of Freight Management Solutions. They make the creation of paperwork required for the movement of freight seamless and timely, from point of origination to point of destination and across borders, anywhere in the world. Their solutions enable customs brokers, importers, exporters, freight forwarders, and de-consolidators to improve efficiencies, reduce the risk of non-compliance, and increase customer satisfaction.
GMS International, Inc. (GMS) was founded in 1975 and provides turnkey solutions to Customs House Brokers and Freight Forwarders. In the 1980s, they became one of the highest-rated software providers in the industry. GMS continues on the forefront developing advanced software to keep pace with CBP’s ACE system to help their customers maintain a competitive advantage. GMS is highly regarded in the industry and has an exceptional relationship with CBP.
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