Tenstreet, the trucking industry’s leading marketplace solution provider for drivers and carriers, announced today the acquisition of DriverReach, an innovator in driver recruitment and compliance management software. By combining driver and carrier audiences from both companies, Tenstreet will further scale its network to better serve the dynamics of the industry.
In addition, Tenstreet will leverage several advances in DriverReach’s software to enhance its platform’s usability and ease-of-adoption for carriers. Acknowledging the recruiting and retention challenges that are unique to carriers and private fleets in today’s marketplace, both companies will join forces to simplify, accelerate, and scale the capabilities of Tenstreet’s powerful marketplace solution.
For Tim Crawford, Tenstreet CEO, the acquisition will greatly enhance the Tenstreet network upon which thousands of carriers and private fleets and millions of drivers depend to keep trucks on the road. “We've always believed that creating value for carriers and drivers is our main job - and that a key component of how we can do that is with scale. The combination of Tenstreet and DriverReach will give us the ability to create more value for all stakeholders."
DriverReach CEO Brent Dorfman agrees. “This marks a significant milestone for all of us at DriverReach. Our aim has been to significantly impact the productivity and success of our users. Through this acquisition, this will only get better.”
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