Tenstreet has acquired DriverReach to enhance its driver recruitment and compliance management solutions, aiming to better serve the trucking industry's needs.

Target Information

Tenstreet, a leading provider of marketplace solutions for the trucking industry, has announced its acquisition of DriverReach, a pioneer in driver recruitment and compliance management software. This strategic move aims to integrate the driver and carrier networks of both companies, thereby scaling Tenstreet's operations and enhancing its capacity to meet the unique demands of the trucking sector.

The acquisition is particularly timely, as it will allow Tenstreet to incorporate advanced features from DriverReach's software, which is designed to improve usability and streamline the adoption process for carriers. This collaboration is focused on addressing the current challenges faced by carriers and private fleets in recruiting and retaining drivers in a competitive marketplace.

Industry Overview

The trucking industry in the United States is a vital component of the national economy, facilitating the movement of goods and services across the country. With i